Please Note - Streaming News is only available to subscribers to the Active Level and above
RNS News Service
I confirm that I am accessing this story in my capacity as a private investor and NOT for professional purposes.
Form 38.5(b) - Willis Towers Watson PLC- Amendment
RNS
RNS Number : 8168D
Goldman Sachs & Co. LLC
30 October 2020
Amendment - due to the amendment of Equity transactions, the disclosure made on 27 October for dealings on 26 October has been updated. Sections 2(a) and 3(a) have been updated.
FORM 38.5(b)
IRISH TAKEOVER PANEL
DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
1. KEY INFORMATION
Name of exempt principal trader
GOLDMAN SACHS & CO. LLC
Company dealt in
WILLIS TOWERS WATSON PLC
Class of relevant security to which the dealings being disclosed relate (Note1)
USD 0.000304635 ordinary shares
Date of dealing
26 October 2020
2. INTERESTS AND SHORT POSITIONS
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)
Long
Short
Number
(%)
Number
(%)
(1) Relevant securities
537,017.912
(0.41)
304,279.912
(0.23)
(2) Derivatives (other than options)
51,219
(0.03)
373,212
(0.28)
(3) Options and agreements to purchase/sell
0
(0.00)
0
(0.00)
Total
588,236.912
(0.45)
677,491.912
(0.52)
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)
Class of relevant security:
Long
Short
Number
(%)
Number
(%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total
3. DEALINGS (Note 3)
(a) Purchases and sales
Purchase/sale
Number of relevant securities
Price per unit (Note 4)
Purchase
100
201.5700 USD
Purchase
100
201.6650 USD
Purchase
100
201.7000 USD
Purchase
100
202.2900 USD
Purchase
75
202.2900 USD
Purchase
100
202.6700 USD
Purchase
100
202.6900 USD
Purchase
13
202.7500 USD
Purchase
100
202.7600 USD
Purchase
100
202.7900 USD
Purchase
3,718
203.2800 USD
Purchase
3
203.2800 USD
Purchase
107
207.7200 USD
Purchase
99
207.7200 USD
Purchase
45
207.7200 USD
Sale
47
201.6600 USD
Sale
100
201.7700 USD
Sale
100
202.0900 USD
Sale
100
202.5500 USD
Sale
832
203.2800 USD
Sale
380
203.2800 USD
Sale
52
203.2800 USD
Sale
1,554
203.2800 USD
Sale
66
206.4600 USD
Sale
34
206.4600 USD
Sale
100
206.4600 USD
Sale
100
206.4900 USD
Sale
2
206.5200 USD
Sale
3
206.5200 USD
Sale
100
206.5600 USD
Sale
100
206.7300 USD
Sale (Loan Adjust)
138
N/A
(b) Derivatives transactions (other than options transactions)
Product name, e.g. CFD
Nature of transaction (Note 5)
Number of relevant securities (Note 6)
Price per unit (Note 4)
SWAP
Reducing a short position
505
206.5398 USD
(c) Options transactions in respect of existing relevant securities
(i) Writing, selling, purchasing or varying
Product name,e.g. call option
Writing, selling, purchasing, varying etc.
Number of securities to which the option relates (Note 7)
Exercise price
Type, e.g. American, European etc.
Expiry date
Option money paid/received per unit (Note 4)
(ii) Exercising
Product name,e.g. call option
Number of securities
Exercise price per unit (Note 4)
(d) Other dealings (including transactions in respect of new securities) (Note 3)
Nature of transaction (Note 7)
Details
Price per unit (if applicable) (Note 4)
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
NONE
Is a Supplemental Form 8 attached? (Note 9) YES
Date of disclosure
30 October 2020
Contact name
Kashif Rafiq and Papa Lette
Telephone number
+44(20) 7051 0547 / +44(20) 7774 7442
Name of offeree/offeror with which connected
WILLIS TOWERS WATSON PLC
Nature of connection (Note 9)
Advisor to Offeree
SUPPLEMENTAL FORM 38.5(b)
IRISH TAKEOVER PANEL
DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
DETAILS OF OPEN POSITIONS
OPEN POSITIONS (Note 1)
Product name,e.g. call option
Written or purchased
Number of relevant securities to which the option or derivative relates
Exercise price (Note 2)
Type, e.g. American, European etc.
Expiry date
Swap
Sold
185
0.0000
N/A
23/09/2021
Swap
Sold
273
0.0000
N/A
04/01/2021
Swap
Sold
43,330
0.0000
N/A
14/04/2021
Swap
Sold
69,482
0.0000
N/A
14/04/2021
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For full details of disclosure requirements, see Rules 8 and 38.5 of the Rules. If in doubt, consult the Panel.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.