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20250702_Spectris plc_8.5 EPT RI_UK_MLI.

    03 July 2025 11:00:22
  • Source: Sharecast
RNS Number : 6334P
Bank of America Merrill Lynch
03 July 2025
 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
 Rule 8.5 of the Takeover Code (the "Code")

 

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

Merrill Lynch International

(b)

Name of offeror/offeree in relation to whose
relevant securities this form relates:
 Use a separate form for each offeror/offeree

Spectris plc

(c)

Name of the party to the offer with which exempt principal trader is connected:

Spectris plc

(d)

Date dealing undertaken:

02/07/2025

(e)

In addition to the company in 1(b) above, is the
exempt principal trader making disclosures in
respect of any other party to this offer?
 If it is a cash offer or possible cash offer, state "N/A"

N/A

 

2.

DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

 

(a)

Purchases and sales

Class of relevant security

Purchases/
sales

Total number of securities

Highest price
per unit
paid/received

Lowest price
per unit
paid/received

5p ordinary

Purchase

917,680

40.42 GBP

39.72 GBP

5p ordinary

Sale

411,869

40.32 GBP

39.712 GBP

 

(b)

Cash-settled derivative transactions

Class of
relevant security

Product description
e.g. CFD

Nature of dealing
e.g. opening/closing a
long/short position, increasing/reducing a
long/short position

Number of reference securities

Price per unit

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

37,421

40.018 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

18,490

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

49,589

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

11,900

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

2,176

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

5,835

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Long Position

1,180

39.792 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

18,000

40.42 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

9,000

40.02 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

10,300

40.04 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

10,600

39.971 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

2,500

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

5,600

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

25,000

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

2,500

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

2,500

39.972 GBP

5p ordinary

Swaps - Equity Swaps

Closing a Long Position

4,699

40.037 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

4,699

39.83 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Long Position

2,816

39.767 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Long Position

714

39.767 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Long Position

543

39.714 GBP

5p ordinary

Swaps - Equity Swaps

Closing a Long Position

901

39.72 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

7,300

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

19,576

40.028 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

11,032

40.018 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

10,300

39.76 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

20,600

39.92 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

161,000

39.92 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

80,500

39.76 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

80,500

40.04 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

9,200

39.76 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

9,200

40.04 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

18,400

39.92 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

4,266

40.009 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

136

40.009 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

4,836

40.249 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

754

54.042 USD

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

995

39.712 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Long Position

90

39.913 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

3,410

39.714 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Long Position

338

39.913 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

3,684

39.712 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Long Position

2,275

39.712 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Long Position

208

39.913 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Short Position

75,000

39.94 GBP

5p ordinary

Swaps - Equity Swaps

Reducing a Short Position

8

40.069 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Short Position

3,130

40.013 GBP

5p ordinary

Swaps - Equity Swaps

Opening a Short Position

42,375

39.88 GBP

5p ordinary

Swaps - Equity Swaps

Increasing a Short Position

3,211

40.018 GBP

 

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class
of
relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number
of
securities to which option relates

Exercise
price
per unit

Type
e.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

(ii)

Exercise

Class of relevant security

Product description
e.g. call option

Exercising/
exercised
against

Number of
securities

Exercise Price per
unit

N/A

N/A

N/A

N/A

N/A

 

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing
e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

 

3.

OTHER INFORMATION

 

(a)

Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
 Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

 

(b)

Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) The voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
 If there are no such agreements, arrangements or understandings, state "none"

None

 

Date of disclosure:

03/07/2025

Contact name:

Frank Lui

Telephone number:

+44207 996 6418

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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