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Director's Dealing • Nov 2, 2018

National Storage Mechanism | Additional information

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RNS Number : 1966G

GoldmanSachs International

02 November 2018

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	NEX GROUP PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	NEX GROUP PLC
(d) Date dealing undertaken:	01 November 2018
(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 - disclosed previously for CME GROUP INC.

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
17.5p ordinary	Purchases	14,301,275 7,235,000 1,500,000	11.3700 GBP 14.5788 USD 12.7949 EUR	11.2500 GBP 14.5788 USD 12.7949 EUR
17.5p ordinary	Sales	8,165,242 185,307	11.3700 GBP 14.6394 USD	11.2450 GBP 14.6394 USD

(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
17.5p ordinary	CFD	Reducing a short position	1	11.2641 GBP
17.5p ordinary	CFD	Opening a short position	550,000	11.2787 GBP
17.5p ordinary	CFD	Reducing a short position	381	11.2900 GBP
17.5p ordinary	CFD	Opening a short position	100,000	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	256	11.2900 GBP
17.5p ordinary	CFD	Reducing a short position	15	11.2900 GBP
17.5p ordinary	CFD	Opening a short position	600,000	11.2900 GBP
17.5p ordinary	CFD	Reducing a short position	117	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	427	11.2900 GBP
17.5p ordinary	CFD	Opening a short position	100,000	11.2900 GBP
17.5p ordinary	CFD	Reducing a short position	259	11.2900 GBP
17.5p ordinary	CFD	Increasing a short position	6,835	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	199	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	160	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	509	11.2900 GBP
17.5p ordinary	CFD	Reducing a short position	1,002	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	518	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	760	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	222	11.2900 GBP
17.5p ordinary	CFD	Reducing a long position	463	11.2900 GBP
17.5p ordinary	CFD	Opening a short position	100,000	11.2911 GBP
17.5p ordinary	CFD	Increasing a short position	100,000	11.2911 GBP
17.5p ordinary	CFD	Increasing a short position	200,000	11.2911 GBP
17.5p ordinary	CFD	Increasing a short position	1,000,000	11.2911 GBP
17.5p ordinary	CFD	Increasing a short position	400,000	11.2947 GBP
17.5p ordinary	CFD	Increasing a short position	350,000	11.2966 GBP
17.5p ordinary	CFD	Increasing a short position	10,786	11.3302 GBP
17.5p ordinary	CFD	Reducing a short position	77	11.3601 GBP
17.5p ordinary	CFD	Reducing a short position	40,000	11.3640 GBP
17.5p ordinary	CFD	Reducing a short position	5,000	11.3640 GBP
17.5p ordinary	CFD	Reducing a short position	2,500	11.3640 GBP
17.5p ordinary	CFD	Reducing a short position	2,500	11.3640 GBP
17.5p ordinary	CFD	Reducing a short position	50,000	11.3640 GBP
17.5p ordinary	SWAP^	Reducing a long position	1,500,000	12.7949 EUR
17.5p ordinary	SWAP^	Reducing a long position	7,235,000	14.5788 USD
17.5p ordinary	SWAP	Reducing a short position	17,389	14.6394 USD
17.5p ordinary	SWAP	Opening a long position	159,183	14.6394 USD
17.5p ordinary	SWAP	Opening a long position	8,735	14.6394 USD

^Please note this product is part of a basket of securities for which NEX GROUP PLC is a component

(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

(ii)        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)

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:	02 November 2018
###### Contact name:	Kashif Rafiq and Papa Lette
###### Telephone number:	+44(20) 7051 0547 / +44(20) 7774 7442

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  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.

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