TIDM0R22
RNS Number : 8103M
J.P. Morgan Securities LLC
18 September 2019
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: J.P Morgan Securities LLC
(b) Name of offeror/offeree in relation to whose relevant Barrick Gold Corporation
securities this form relates:
Use a separate form for each offeror/offeree
----------------------------------------------------------
(c) Name of the party to the offer with which exempt Financial Adviser and Corporate Broker to Acacia Mining
principal trader is connected: plc
----------------------------------------------------------
(d) Date position held/dealing undertaken: 17 September 2019
For an opening position disclosure, state the latest
practicable date prior to the disclosure
----------------------------------------------------------
(e) In addition to the company in 1(b) above, is the No
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"
----------------------------------------------------------
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: Common stock
Interests Short positions
----------------- ------------------
Number % Number %
---------- ----- ----------- -----
(1) Relevant securities owned and/or controlled: 1,107,459 0.06 756,166 0.04
---------- ----- ----------- -----
(2) Cash-settled derivatives: 1,163,944 0.07 1,428,368 0.08
---------- ----- ----------- -----
(3) Stock-settled derivatives (including options) and agreements to
purchase/sell: 1,398,100 0.08 965,200 0.06
---------- ----- ----------- -----
TOTAL: 3,669,503 0.21 3,149,734 0.18
---------- ----- ----------- -----
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 Purchases/ sales Total number of Highest price per unit Lowest price per unit
security securities paid/received paid/received
Common stock Purchases 768,482 18.7400 USD 17.9441 USD
17,500 23.6976 CAD 23.6976 CAD
Sales 720,889 18.7400 USD 17.8000 USD
19,228 23.9000 CAD 23.7072 CAD
----------------- ------------------------ ----------------------- -----------------------
(b) Cash-settled derivative transactions
Class of relevant Product description Nature of dealing Number of reference Price per unit
security e.g. CFD e.g. opening/closing a securities
long/short position,
increasing/reducing a
long/short position
Common stock Equity Swaps Long 180,878 17.9441 USD
7,500 23.7072 CAD
10,000 23.7586 CAD
1,000 23.9095 CAD
Short 134 18.0600 USD
17,500 23.6976 CAD
-------------------- ------------------------- ------------------------- ---------------
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of Product Writing, Number of Exercise Type Expiry date Option money
relevant description purchasing, securities price per e.g. paid/
security e.g. call selling, to which unit American, received per
option varying etc. option (USD) European unit
relates etc. (USD)
Common Stock
------------- ------------- ------------- -------------- ------------- ------------ -------------
(ii) Exercise
Class of relevant Product description Exercising/ exercised Number of securities Exercise price per
security e.g. call option against unit
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if applicable)
e.g. subscription, conversion
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"
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
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? Yes
Date of disclosure: 18 September 2019
Contact name: Alwyn Basch
------------------
Telephone number: 020 7742 7407
------------------
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.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION)
POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. KEY INFORMATION
Full name of person making disclosure: J.P Morgan Securities LLC
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: Barrick Gold Corporation
--------------------------
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
Class of Product Written or Number of Exercise price Type Expiry date
relevant description purchased securities to per unit e.g. American,
security e.g. call which option (USD) European etc.
option or derivative
relates
Common Stock Call Option Purchased 70,000 15.00 USD American 15/01/2021
Call Option Purchased 40,000 15.00 USD American 17/01/2020
Call Option Purchased 150,000 15.00 USD American 17/01/2020
Call Option Written 22,900 12.00 USD American 19/06/2020
Call Option Purchased 22,900 12.00 USD American 19/06/2020
Call Option Purchased 21,200 15.00 USD American 19/06/2020
Call Option Written 21,200 15.00 USD American 19/06/2020
Call Option Written 21,400 17.00 USD American 19/06/2020
Call Option Purchased 21,400 17.00 USD American 19/06/2020
Call Option Purchased 670,000 19.00 USD European 17/01/2020
Put Option Purchased 40,000 10.00 USD American 17/01/2020
Put Option Purchased 150,000 13.00 USD American 17/01/2020
Put Option Written 101,700 10.00 USD American 19/06/2020
Put Option Purchased 101,700 10.00 USD American 19/06/2020
Call Option Written 8,000 19.00 USD American 18/10/2019
Call Option Purchased 5,900 20.00 USD American 20/09/2019
Call Option Written 500,000 20.00 USD American 17/01/2020
Call Option Purchased 295,000 19.00 USD American 20/09/2019
Call Option Written 100,000 19.00 USD American 20/12/2019
---------------- ---------------- --------------- ---------------- --------------- ------------
3. AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the
interest or position can be fully understood:
It is not necessary to provide details on a Supplemental Form
(Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be
stated.
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
FEOBVLFFKKFBBBB
(END) Dow Jones Newswires
September 18, 2019 06:04 ET (10:04 GMT)