Understanding the Key Transactions in Dowlais Group plc
Public Disclosure by Exempt Principal Trader
This document discusses important transactions made by an exempt principal trader associated with Dowlais Group plc. Such disclosures are crucial for transparency in the trading activities linked to client-serving capacities. Acknowledgement of these transactions supports compliance with established norms under the Takeover Code.
Key Information Relevant to Dowlais Group plc
a) Name of Exempt Principal Trader: Investec Bank plc
b) Offeror/Offeree: Dowlais Group Plc
c) Connection to the Offer: Investec acts as Broker for Dowlais Group Plc
d) Date of Dealing: Note that all dealings conducted must be accurately recorded.
e) Disclosure for Other Parties: If the exempt principal trader is involved with others in the offer, additional disclosures are required. In cases of cash offers, N/A applies.
Details of Dealing Activities
In reviewing trading volumes, it is important to clarify whether there have been multiple dealings in various classes of relevant securities for the entities involved.
Purchases and Sales Overview
The following table summarizes trades conducted:
| Class of Relevant Security | Purchases/Sales | Total Number of Securities | Highest Price per Unit | Lowest Price per Unit |
|---|---|---|---|---|
| Ordinary shares | Purchases | 3,666 | 69.4 | 69.4 |
Cash-Settled Derivative Transactions
For cash-settled derivatives, currently, no transactions (N/A) have been reported. This section will need updates as trading progresses.
Summary of Stock-Settled Derivative Transactions
As of this disclosure, details regarding writing, selling, and exercising stock-settled derivatives are currently marked as N/A.
Other Transactional Information
It’s important to disclose any indemnity arrangements or understandings that could influence decisions around securities. However, no current inducements or agreements were found.
Understanding Derivative Arrangements
No formal arrangements concerning the voting rights of involved parties under derivatives have been submitted, which is noted under disclosures.
Final Notes on Disclosure
The date for this disclosure is set clearly. Disclosure provides key insights and enables monitoring in line with market regulations.
Contact Name: Abhishek Gawde
Phone Number: +91 9923757332
Frequently Asked Questions
What is the significance of this disclosure?
This disclosure informs the public and regulatory bodies about trading activities, ensuring transparency.
Who is the exempt principal trader involved?
Investec Bank plc is identified as the exempt principal trader dealing with Dowlais Group plc.
What kinds of trading transactions are recorded?
Purchases, sales, and derivative transactions are among the key trading activities recorded here.
How can individuals verify these transactions?
Transactions must be reported to a Regulatory Information Service for verification and public knowledge.
Who to contact for more information?
For inquiries, reach out to Abhishek Gawde at +91 9923757332 for further assistance.
About The Author
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