The Hongkong and Shanghai Banking Corporation Limited – Form 8.5 (EPT/NON-RI) – Hong Kong Exchanges and Clearing

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FORM
8.5 (EPT/NON-RI)

 

PUBLIC
OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT
PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI
STATUS IS NOT APPLICABLE)

Rule
8.5 of the Takeover Code (the “Code”)

 

1.         KEY INFORMATION

 























(a) Name
of exempt principal trader:

The HongKong and
Shanghai Banking Corporation Limited

(b) Name
of offeror/offeree in relation to whose relevant securities this form
relates:


     Use
a separate form for each offeror/offeree

Hong Kong Exchanges
and Clearing Limited

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

Hong Kong Exchanges
and Clearing Limited

(d) Date
position held/dealing undertaken:


     For
an opening position disclosure, state the latest practicable date prior to
the disclosure

 


2 October 2019

(e) In addition to the company in 1(b) above, is
the exempt principal trader making disclosures in respect of any other party
to the offer?


     If it is a cash offer or possible cash offer,
state “N/A”

YES / NO / N/A


If
YES, specify which: London
Stock Exchange Group plc

 

2.         POSITIONS OF THE EXEMPT PRINCIPAL
TRADER

 

If
there are positions or rights to subscribe to disclose in more than one class
of relevant securities of the offeror or offeree named in 1(b), copy table 2(a)
or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the
relevant securities of the offeror or offeree to which the disclosure relates
following the dealing (if any)

 














































Class
of relevant security:


 

 

 


 

Interests

Short positions

Number

%

Number

%

(1) Relevant
securities owned and/or controlled:

       7,215,029


 

0.572


 

20,744


 

0.002


 

 


(2) Cash-settled
derivatives:


 

 


840,500


 

              0.067


 

 


2,122,891


 

              0.168


 

(3) Stock-settled
derivatives (including options) and agreements to purchase/sell:

 


749,187


 

              0.059


 

 


609,135


 

              0.048


 

 


     TOTAL:

 


8,804,716


 

          0.698


 

 


2,752,770


 

              0.218


 

 

All interests and all short
positions should be disclosed.

 

Details of any open stock-settled
derivative positions (including traded options), or agreements to purchase or
sell relevant securities, should be given on a Supplemental Form 8 (Open
Positions).

 

(b)        Rights to subscribe for new securities
(including directors’ and other employee options)

 











Class of
relevant security in relation to which subscription right exists:

 

Details,
including nature of the rights concerned and relevant percentages:

 

 

 

3.         DEALINGS (IF ANY) 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 3(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

 


Ordinary Shares

 


Purchase


 

 


214,521


 

 


228.400 HKD


 

 


225.400 HKD

 


Ordinary Shares

 


Sale


 

 


35,640


 

 


228.400 HKD

 


225.600 HKD


 

                       

 

(b)        Cash-settled derivative transactions

 

































































































































































































































































































































































































Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

e.g. CFD

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

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

163500

0.17

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

52200

0.28

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

52500

0.04

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

82100

0.05

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

51100

0.04

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

139300

0.08

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

95600

0.07

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

235700

0.13

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

81600

0.05

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

95600

0.07

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

235700

0.13

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

126900

0.1

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

125000

0.1

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

53300

0.04

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

52200

0.29

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

159000

0.17

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

51100

0.04

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

145800

0.08

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

33800

0.18

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

46400

0.13

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

37800

0.18

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

5200

0.05

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

1100

0.05

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

2400

0.03

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

400

0.1

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

200

0.08

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

3900

0.03

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

82300

0.1

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

81400

0.1

Ordinary Shares

Cash Settled Call Option



Reducing a Short Position

100

0.07

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

2100

0.32

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

49700

0.17

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

2700

0.35

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

21700

0.26

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

3500

0.4

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

5400

0.02

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

700

0.06

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

11500

0.22

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

5400

0.02

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

59800

0.17

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

400

0.1

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

23500

0.22

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

3700

0.04

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

300

0.07

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

16200

0.26

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

100

0.08

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

4100

0.4

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

2100

0.32

Ordinary Shares

Cash Settled Put Option

Increasing a Short Position

2700

0.35

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

31800

0.06

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

17200

0.05

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

2800

0.04

Ordinary Shares

Cash Settled Put Option

Reducing a Short Position

51600

0.13

 

(c)        Stock-settled derivative transactions (including
options)

 




































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 (HKD)

Type

Expiry date

Option money paid/ received per unit

e.g. American, European etc.

Ordinary Shares

Put Option

Selling

100

89.94

American

4/17/2020

 

Ordinary Shares

Call
Option

Selling

3300

3.59

American

10/30/2019

 

 

  1. Writing,
    selling, purchasing or varying

     

  2. Exercise

 

















Class of relevant security

Product description


e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 


 

 

(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)

 

 


 

 

 

 

 

4.         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”

 


 


 

 

(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”

 


 


 

 

(c)        Attachments

 







Is
a Supplemental Form 8 (Open Positions) attached?

YES

 
















































































































































































































































































































































































































































































































































































































































































































































































































































Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative
relates

Exercise price per unit

Type

Expiry date

e.g. American, European etc.

Ordinary Shares

Call Option

Written

12300

291.9

 

30/10/19

Ordinary Shares

Put Option

Purchased

17030

190.19

 

30/12/19

Ordinary Shares

Call Option

Written

3300

245

 

30/10/19

Ordinary Shares

Put Option

Purchased

11790

190.57

 

30/12/19

Ordinary Shares

Put Option

Purchased

3000

240

 

30/03/20

Ordinary Shares

Put Option

Written

6851

235

 

30/03/20

Ordinary Shares

Put Option

Written

12795

235

 

30/03/20

Ordinary Shares

Call Option

Written

3000

260

 

28/11/19

Ordinary Shares

Put Option

Purchased

6600

205

 

30/12/19

Ordinary Shares

Call Option

Purchased

3300

260

 

28/11/19

Ordinary Shares

Put Option

Written

403

235

 

30/12/19

Ordinary Shares

Call Option

Written

163100

235

 

30/12/19

Ordinary Shares

Call Option

Written

3300

265

 

30/03/20

Ordinary Shares

Put Option

Written

40651

235

 

11/11/19

Ordinary Shares

Put Option

Purchased

489500

220

 

30/12/19

Ordinary Shares

Put Option

Purchased

950

209.76

 

30/12/19

Ordinary Shares

Call Option

Written

18160

286.34

 

30/12/19

Ordinary Shares

Put Option

Purchased

3300

235

 

30/10/19

Ordinary Shares

Put Option

Written

902

235

 

30/10/20

Ordinary Shares

Put Option

Purchased

3300

210

 

28/11/19

Ordinary Shares

Put Option

Purchased

3400

260

 

30/12/19

Ordinary Shares

Put Option

Purchased

1672

217.93

 

30/12/19

Ordinary Shares

Call Option

Written

3300

255

 

30/10/19

Ordinary Shares

Put Option

Written

3300

220

 

30/12/19

Ordinary Shares

Put Option

Written

3908

235

 

30/12/19

Ordinary Shares

Put Option

Purchased

4619

213.94

 

30/12/19

Ordinary Shares

Put Option

Written

4063

235

 

30/12/19

Ordinary Shares

Call Option

Written

5448

295.272

 

30/10/19

Ordinary Shares

Put Option

Purchased

4350

197.16

 

30/03/20

Ordinary Shares

Put Option

Written

10000

275

 

30/03/20

Ordinary Shares

Put Option

Purchased

13194

220.02

 

30/03/20

Ordinary Shares

Call Option

Purchased

3300

265

 

28/11/19

Ordinary Shares

Put Option

Purchased

1360

200.07

 

30/03/20

Ordinary Shares

Put Option

Purchased

1435

214.08

 

30/12/19

Ordinary Shares

Put Option

Purchased

14080

219.83

 

30/12/19

Ordinary Shares

Put Option

Purchased

200

275

 

30/12/19

Ordinary Shares

Put Option

Purchased

24000

230

 

30/12/19

Ordinary Shares

Call Option

Written

20400

290.666

 

30/10/19

Ordinary Shares

Put Option

Written

10055

235

 

30/12/19

Ordinary Shares

Call Option

Written

37600

281.396

 

30/10/19

Ordinary Shares

Call Option

Written

3300

260

 

30/12/19

Ordinary Shares

Call Option

Written

3300

265

 

30/12/19

Ordinary Shares

Put Option

Purchased

19000

221.389197

 

30/12/19

Ordinary Shares

Put Option

Purchased

14720

216.03

 

30/10/19

Ordinary Shares

Put Option

Written

448

235

 

30/12/19

Ordinary Shares

Put Option

Purchased

2000

280

 

30/12/19

Ordinary Shares

Put Option

Purchased

3162

203.3

 

30/12/19

Ordinary Shares

Put Option

Written

3754

235

 

22/06/20

Ordinary Shares

Put Option

Purchased

3002

218.12

 

30/03/20

Ordinary Shares

Call Option

Written

55000

225

 

30/12/19

Ordinary Shares

Call Option

Written

2000

285

 

30/12/19

Ordinary Shares

Call Option

Written

18080

285.81

 

30/12/19

Ordinary Shares

Put Option

Purchased

3024

212.24596

 

28/11/19

Ordinary Shares

Call Option

Written

20400

293.138

 

30/03/20

Ordinary Shares

Put Option

Purchased

3300

265

 

30/03/20

Ordinary Shares

Call Option

Written

3300

265

 

28/11/19

Ordinary Shares

Call Option

Purchased

3300

240

 

30/10/19

Ordinary Shares

Put Option

Purchased

3000

240

 

30/10/19

Ordinary Shares

Put Option

Purchased

3300

225

 

30/10/19

Ordinary Shares

Put Option

Written

3300

215

 

30/12/19

Ordinary Shares

Put Option

Written

400

225

 

30/03/20

Ordinary Shares

Put Option

Written

2500

200

 

30/12/19

Ordinary Shares

Put Option

Written

5406

235

 

30/03/20

Ordinary Shares

Put Option

Written

1270

235

 

30/12/19

Ordinary Shares

Call Option

Written

3300

240

 

30/10/19

Ordinary Shares

Put Option

Purchased

1980

186.966

 

30/12/19

Ordinary Shares

Put Option

Purchased

4080

191.9

 

28/11/19

Ordinary Shares

Put Option

Purchased

5320

203.3

 

30/10/19

Ordinary Shares

Put Option

Purchased

4658

203.87

 

30/03/20

Ordinary Shares

Put Option

Purchased

6816

217.28

 

28/11/19

Ordinary Shares

Put Option

Purchased

4505

217.17

 

30/10/19

Ordinary Shares

Put Option

Written

2853

235

 

30/03/20

Ordinary Shares

Put Option

Purchased

28320

215.46

 

30/03/20

Ordinary Shares

Put Option

Purchased

10000

225

 

30/12/19

Ordinary Shares

Call Option

Written

3300

235

 

30/10/19

Ordinary Shares

Call Option

Written

3300

275

 

30/12/19

Ordinary Shares

Put Option

Written

60872

235

 

30/12/19

Ordinary Shares

Call Option

Written

1400

280

 

30/12/19

Ordinary Shares

Put Option

Written

741

235

 

06/01/20

Ordinary Shares

Put Option

Purchased

1600

270

 

30/12/19

Ordinary Shares

Put Option

Purchased

4560

216.79

 

28/11/19

Ordinary Shares

Call Option

Purchased

100

245

 

30/12/19

Ordinary Shares

Put Option

Purchased

1845

216.03

 

28/11/19

Ordinary Shares

Call Option

Written

11475

292.52

 

28/11/19

Ordinary Shares

Call Option

Written

3300

255

 

28/11/19

Ordinary Shares

Put Option

Written

3300

235

 

30/03/20

Ordinary Shares

Call Option

Written

30000

275

 

30/03/20

Ordinary Shares

Put Option

Purchased

3300

240

 

30/12/19

Ordinary Shares

Put Option

Purchased

3915

185.349

 

30/12/19

 

 















Date of disclosure:

3
October 2019

Contact name:

Mukhtar
Khan

Telephone number:

+44
20 7088 2000

 

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
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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