Disclosure Table

THE TAKEOVER PANEL – DISCLOSURE TABLE
17 September 2021 – FINAL
The following are today’s changes to the Disclosure Table:
ADDITIONS
OFFEREE: Safestay plc
Offer period commenced: 07:00 17-Sep-2021
1p ordinaryISIN: GB00BKT0J702NSI: 64,679,014
OFFEROR: No named offeror
DELETIONS
None
AMENDMENTS
OFFEREE: Avast plc
Offer period commenced: 22:23 14-Jul-2021
10p ordinaryISIN: GB00BDD85M81NSI: 1,034,253,952
OFFEROR: NortonLifeLock Inc.
Offeror identified: 22:23 14-Jul-2021
Rule 2.6 deadline: N/A
USD 0.01 commonISIN: US6687711084NSI: 581,736,561
2.000% Senior Unsecured Convertible Notes August 2022ISIN: US668771AA66USD: 625,000,000
OFFEREE: Wm Morrison Supermarkets plc (See Note 10 below)
Offer period commenced: 15:30 19-Jun-2021
10p ordinaryISIN: GB0006043169NSI: 2,419,452,966
OFFEROR: Market Bidco Limited (a newly incorporated entity formed by Clayton, Dubilier & Rice, LLP in its capacity as adviser to Clayton, Dubilier & Rice, LLC as manager of CD&R Fund XI)
Offeror identified: 15:30 19-Jun-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEROR: Oppidum Bidco Limited (a newly formed company indirectly owned by funds managed or advised by affiliates of Fortress Investment Group, LLC)
Offeror identified: 07:06 03-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
DISCLOSURE TABLE
OFFEREE: Arrow Global Group plc (See Note 10 below)
Offer period commenced: 07:36 08-Feb-2021
1p ordinaryISIN: GB00BDGTXM47NSI: 177,412,006
OFFEROR: Sherwood Acquisitions Limited (a newly-formed company owned by investment funds managed by TDR Capital LLP)
Offeror identified: 07:36 08-Feb-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Augean plc
Offer period commenced: 07:00 27-May-2021
1p ordinaryISIN: GB00B02H2F76NSI: 104,971,924
OFFEROR: Antwerp Management Limited (a newly-formed company indirectly owned by funds managed or advised by Morgan Stanley Infrastructure Inc., an indirect subsidiary of Morgan Stanley)
Offeror identified: 07:00 27-May-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEROR: Eleia Limited (a newly-formed company indirectly owned by a consortium consisting of investment funds managed by Ancala Partners LLP and Fiera Infrastructure Inc.)
Offeror identified: 22:30 24-Aug-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Avast plc
Offer period commenced: 22:23 14-Jul-2021
10p ordinaryISIN: GB00BDD85M81NSI: 1,034,253,952
OFFEROR: NortonLifeLock Inc.
Offeror identified: 22:23 14-Jul-2021
Rule 2.6 deadline: N/A
USD 0.01 commonISIN: US6687711084NSI: 581,736,561
2.000% Senior Unsecured Convertible Notes August 2022ISIN: US668771AA66USD: 625,000,000
OFFEREE: Bacanora Lithium plc
Offer period commenced: 12:19 06-May-2021
10p ordinaryISIN: GB00BD20C246NSI: 384,144,901
OFFEROR: Ganfeng International Trading (Shanghai) Limited
Offeror identified: 12:19 06-May-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Blue Prism Group plc
Offer period commenced: 14:56 31-Aug-2021
1p ordinaryISIN: GB00BYQ0HV16NSI: 96,885,881
OFFEROR: TPG Capital
Offeror identified: 14:56 31-Aug-2021
Rule 2.6 deadline: 17:00 28-Sep-2021
Disclosure of dealings and positions in this offeror is not required
OFFEROR: Vista Equity Partners
Offeror identified: 14:56 31-Aug-2021
Rule 2.6 deadline: 17:00 28-Sep-2021
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Charles Stanley Group plc
Offer period commenced: 07:03 29-Jul-2021
25p ordinaryISIN: GB0006556046NSI: 52,132,834
OFFEROR: Raymond James UK Wealth Management Holdings Limited (a wholly-owned subsidiary of Raymond James Financial, Inc.)
Offeror identified: 07:03 29-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Daily Mail and General Trust plc
Offer period commenced: 07:00 12-Jul-2021
12.5p A Non-VotingISIN: GB00BJQZC279NSI: 210,798,306
12.5p Voting NSI: 19,890,364
OFFEROR: Rothermere Continuation Limited
Offeror identified: 07:00 12-Jul-2021
Rule 2.6 deadline: 17:00 30-Sep-2021
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Drum Income Plus REIT plc
Offer period commenced: 07:00 04-Aug-2021
10p ordinaryISIN: GB00BW4NWS02NSI: 38,201,990
OFFEROR: Custodian REIT plc
Offeror identified: 07:00 04-Aug-2021
Rule 2.6 deadline: N/A
1p ordinaryISIN: GB00BJFLFT45NSI: 420,603,344
OFFEREE: Equiniti Group plc (See Note 10 below)
Offer period commenced: 07:00 19-Apr-2021
0.1p ordinaryISIN: GB00BYWWHR75NSI: 367,757,084
OFFEROR: Earth Private Holdings Limited (a newly-formed company owned by funds managed or advised by Siris Capital Group, LLC)
Offeror identified: 07:00 19-Apr-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: French Connection Group plc
Offer period commenced: 07:00 05-Feb-2021
1p ordinaryISIN: GB0033764746NSI: 96,612,934
OFFEROR: Go Global Retail in conjunction with HMJ International Services Ltd
Offeror identified: 07:00 05-Feb-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Gamesys Group plc (See Note 10 below)
Offer period commenced: 12:23 24-Mar-2021
10p ordinaryISIN: GB00BZ14BX56NSI: 109,730,109
Warrant NSI: 1
OFFEROR: Bally’s Corporation (and Premier Entertainment Sub, LLC an indirect wholly-owned subsidiary)
Offeror identified: 12:23 24-Mar-2021
Rule 2.6 deadline: N/A
USD 0.01 commonISIN: US05875B1061NSI: 42,459,524
OFFEREE: GCP Student Living plc
Offer period commenced: 17:08 02-Jul-2021
1p ordinaryISIN: GB00B8460Z43NSI: 455,019,030
OFFEROR: Gemini Jersey JV L.P. (a newly formed vehicle owned, directly or indirectly, by joint offerors Scape Living plc and iQSA Holdco Limited)
Offeror identified: 17:08 02-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Good Energy Group plc
Offer period commenced: 07:00 12-Jul-2021
5p ordinaryISIN: GB0033600353NSI: 16,643,067
OFFEROR: Ecotricity Group Limited
Offeror identified: 07:00 12-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: GYG plc
Offer period commenced: 16:36 09-Apr-2021
0.2p ordinaryISIN: GB00BZ4FM652NSI: 46,615,500
OFFEROR: Harwood Capital LLP
Offeror identified: 16:36 09-Apr-2021
Rule 2.6 deadline: 17:00 15-Oct-2021
Disclosure of dealings and positions in this offeror is not required
OFFEREE: John Laing Group plc (See Note 10 below)
Offer period commenced: 14:01 06-May-2021
10p ordinaryISIN: GB00BVC3CB83NSI: 493,870,636
OFFEROR: Aqueduct Bidco Limited (a newly formed company owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates)
Offeror identified: 14:01 06-May-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Meggitt plc
Offer period commenced: 07:00 02-Aug-2021
5p ordinaryISIN: GB0005758098NSI: 781,824,757
OFFEROR: Parker-Hannifin Corporation
Offeror identified: 07:00 02-Aug-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Safestay plc
Offer period commenced: 07:00 17-Sep-2021
1p ordinaryISIN: GB00BKT0J702NSI: 64,679,014
OFFEROR: No named offeror
OFFEREE: Sanne Group plc
Offer period commenced: 07:00 14-May-2021
1p ordinaryISIN: JE00BVRZ8S85NSI: 162,178,754
OFFEROR: Apex Acquisition Company Limited (an indirect wholly-owned subsidiary of Apex Group Ltd.)
Offeror identified: 07:00 02-Aug-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Stock Spirits Group plc
Offer period commenced: 07:00 12-Aug-2021
10p ordinaryISIN: GB00BF5SDZ96NSI: 200,000,000
OFFEROR: Sunray Investments Luxembourg S.A R.L.
Offeror identified: 07:00 12-Aug-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Sumo Group plc
Offer period commenced: 07:00 19-Jul-2021
1p ordinaryISIN: GB00BD3HV384NSI: 171,463,123
OFFEROR: Sixjoy Hong Kong Limited (an indirect subsidiary of Tencent Holdings Limited)
Offeror identified: 07:00 19-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Ultra Electronics Holdings plc
Offer period commenced: 16:23 25-Jun-2021
5p ordinaryISIN: GB0009123323NSI: 71,346,099
OFFEROR: Cobham Ultra Acquisitions Limited (a wholly-owned indirect subsidiary of Cobham Group Holdings Limited)
Offeror identified: 16:23 25-Jun-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEREE: Wm Morrison Supermarkets plc (See Note 10 below)
Offer period commenced: 15:30 19-Jun-2021
10p ordinaryISIN: GB0006043169NSI: 2,419,452,966
OFFEROR: Market Bidco Limited (a newly incorporated entity formed by Clayton, Dubilier & Rice, LLP in its capacity as adviser to Clayton, Dubilier & Rice, LLC as manager of CD&R Fund XI)
Offeror identified: 15:30 19-Jun-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
OFFEROR: Oppidum Bidco Limited (a newly formed company indirectly owned by funds managed or advised by affiliates of Fortress Investment Group, LLC)
Offeror identified: 07:06 03-Jul-2021
Rule 2.6 deadline: N/A
Disclosure of dealings and positions in this offeror is not required
Notes:
1.Rule 8 of the Takeover Code (the “Code”) sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders (“EPTs”) connected with the parties to an offer.
2.Where an offeror is marked “Disclosure of dealings and positions in this offeror is not required”, dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be, solely in cash or because disclosure is not required for some other reason.
3.Dealings and positions required to be disclosed under Rule 8 of the Code include dealings and positions in derivatives referenced to, and options in respect of, relevant securities of an offeree company and, where appropriate, an offeror (see Note 2 above).
4.The information set out in the Disclosure Table relating to the relevant securities in issue of an offeree company or of an offeror (and any amendments thereto) has been extracted from the relevant announcement made by such company under Rule 2.9 of the Code. Similarly, details of any deadline set under Rule 2.6 by which a potential offeror must announce either a firm intention to make a bid or that it does not intend to make an offer (or, in the case of Rule 2.6(a), by which the Panel must consent to an extension of the deadline) has been extracted from the relevant announcement made by the offeree company.
5.Additions and deletions of offeree companies and offerors are reflected in the Disclosure Table throughout the day, following the relevant announcement. Other amendments may also be made throughout the day. In any event, details of the classes of relevant securities issued by an offeree or offeror company, the number of such securities in issue (“NSI”) and the International Securities Identification Number (“ISIN”) of such securities announced under Rule 2.9 of the Code before 5.00 pm each day will be included in the final version of the Disclosure Table by 5.30 pm that day. The final version of the Disclosure Table issued each day will be marked “Final” and persons required to make Dealing Disclosures and Opening Position Disclosures are advised to use that final version. Any changes to a potential offeror’s Rule 2.6 deadline will also be reflected in the “Final” version of the Disclosure Table, although any such changes will not be shown in the “Amendments” section at the top of the Disclosure Table.
6.Dealing Disclosures by the parties to an offer, persons acting in concert with them and connected EPTs must be made by no later than 12 noon on the business day (as defined in the Code) following the date of the relevant dealing and Dealing Disclosures by persons with an interest in relevant securities of 1% or more must be made by 3.30 pm on the business day following the date of the relevant dealing.
7.Opening Position Disclosures by the parties to an offer and by connected EPTs must be made by no later than 12 noon on the 10th business day after the commencement of the offer period or the announcement that first identifies an offeror (as the case may be). Where required, Opening Position Disclosures by persons with interests in relevant securities of 1% or more must be made by no later than 3.30 pm on the 10th business day after the commencement of the offer period or the announcement that first identifies an offeror (as the case may be). Details of the time and date at which an offer period commenced and at which an offeror was first identified are set out in the Disclosure Table. In order to calculate the deadline for Opening Position Disclosures, it is therefore necessary to count forward 10 business days from the relevant date.
8.Opening Position Disclosures and Dealing Disclosures required under Rule 8 of the Code must be made to a Regulatory Information Service (“RIS”).
9.This Note is applicable if it says “See Note 9 below” by the name of the company in the Disclosure Table above. The Executive has granted the company a dispensation from the requirements under the Code that announcements must be published via a RIS. The company is instead required to publish all announcements on its website. The Executive has also granted a dispensation from Note 3 on Rule 8 of the Code that disclosures made under Rule 8 of the Code must be made to a RIS. Therefore, Opening Position Disclosures and Dealing Disclosures required under Rule 8 of the Code may be made to the company at the address stated in the announcement that commenced the offer period.
10.The words “See Note 10 below” appear by the name of the offeree company in the Disclosure Table above if an offer was announced for the company in accordance with Rule 2.7 of the Code on or before 4 July 2021. That offer, and any competing offer for the offeree company (regardless of when announced), is subject to the Twelfth edition of the Code (as last amended on 31 December 2020). Otherwise, any offer for an offeree company announced under Rule 2.7 on or after 5 July 2021 will be subject to the Thirteenth edition of the Code, which took effect on that date. Both the Twelfth and the Thirteenth editions of the Code are available on the Panel’s website.
11.The following are approved Regulatory Information Services: 
 Business Wire Regulatory Disclosure provided by Business Wire+44 (0)20 7626 1982
 GlobeNewswire provided by West Digital Media Solutions+44 (0)20 3753 2071
 PR Newswire Disclose provided by PR Newswire +44 (0)20 7454 5210
 RNS provided by the London Stock Exchange +44 (0)20 7797 4400
 EQS IR.COCKPIT provided by EquityStory AG+49 89 21 02 98 – 50

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Disclosure Table

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