Citadel Group — Major Shareholding Notification 2023

Aug 31, 2023

National Storage Mechanism | Additional information

RNS Number : 9672K

Citadel Group

31 August 2023

Ap27

FORM 8.3

IRISH TAKEOVER PANEL

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER

RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

1.             KEY INFORMATION

(a)   Full name of discloser	Citadel Group
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a) The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates Use a separate form for each offeror/offeree	HORIZON THERAPEUTICS PLC
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree (Note 1)	N/A
(e)   Date position held/dealing undertaken For an opening position disclosure, state the latest practicable date prior to the disclosure	30 August 2023
(f)    In addition to the company in 1(c) above, is the discloser also making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	N/A

2.             INTERESTS AND SHORT POSITIONS

If there are interests and short positions to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2 for each additional class of relevant security.

Ap28

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

(Note 2)

Class of relevant security (Note 3)	Common Stock ISIN IE00BQPVQZ61
	Interests		Short positions
Number	%	Number	%
(1)   Relevant securities owned and/or controlled	5,994,883	2.61	0	0.00
(2)   Cash-settled derivatives	613,704	0.26	0	0.00
(3)   Stock-settled derivatives (including options) and agreements to purchase/ sell	628,200	0.27	3,234,500	1.41
Total	7,236,787	3.16	3,234,500	1.41

All interests and all short positions should be disclosed.

Details of options including rights to subscribe for new securities and 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.

3.             DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4)

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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	Purchase/sale	Number of securities	Price per unit (Note 5)
Common	Buy Transaction	3	112.8200 USD
Common	Buy Transaction	4	112.8500 USD
Common	Buy Transaction	47	112.9487 USD
Common	Buy Transaction	200	113.0000 USD
Common	Buy Transaction	12	113.1042 USD
Common	Buy Transaction	496	113.1982 USD
Common	Buy Transaction	1,603	113.2495 USD
Common	Buy Transaction	50,000	113.5121 USD
Common	Sell Transaction	164	112.7848 USD
Common	Sell Transaction	263	112.7849 USD
Common	Sell Transaction	657	112.7850 USD
Common	Sell Transaction	11,174	112.8200 USD
Common	Sell Transaction	10	112.8260 USD
Common	Sell Transaction	9,346	112.8464 USD
Common	Sell Transaction	23,371	112.8464 USD
Common	Sell Transaction	5,843	112.8464 USD
Common	Sell Transaction	1,604	112.8982 USD
Common	Sell Transaction	773	112.8987 USD
Common	Sell Transaction	6,736	112.9140 USD
Common	Sell Transaction	1,684	112.9140 USD
Common	Sell Transaction	2,695	112.9141 USD
Common	Sell Transaction	35	112.9194 USD
Common	Sell Transaction	21	112.9195 USD
Common	Sell Transaction	75	113.0000 USD
Common	Sell Transaction	200	113.0200 USD
Common	Sell Transaction	100	113.1000 USD
Common	Sell Transaction	302	113.1275 USD

Ap29

(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 (Note 6)	Price per unit (Note 5)
Common	CFD	Reducing long position	622	112.8036 USD
Common	CFD	Reducing long position	1,551	112.8037 USD
Common	CFD	Reducing long position	388	112.8038 USD
Common	CFD	Reducing long position	1,218	112.9671 USD
Common	CFD	Increasing long position	8,852	112.9755 USD
Common	CFD	Increasing long position	6,735	112.9998 USD
Common	CFD	Reducing long position	4,037	113.0253 USD
Common	CFD	Reducing long position	11,109	113.0288 USD
Common	CFD	Reducing long position	2,599	113.0315 USD
Common	CFD	Reducing long position	5,321	113.0345 USD
Common	CFD	Reducing long position	993	113.0444 USD
Common	CFD	Reducing long position	499	113.0602 USD
Common	CFD	Reducing long position	27,074	113.0743 USD
Common	CFD	Reducing long position	16,921	113.0743 USD
Common	CFD	Reducing long position	67,685	113.0743 USD
Common	CFD	Increasing long position	33,999	113.5584 USD

(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 (Note 6)	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
Common	Put Option	Buy Transaction	100	98.0000 USD	American	2023-Sep-01	0.0500 USD
Common	Put Option	Buy Transaction	31	99.5000 USD	American	2023-Sep-01	0.0500 USD
Common	Call Option	Buy Transaction	265	115.0000 USD	American	2023-Sep-15	0.7500 USD
Common	Call Option	Buy Transaction	8	115.0000 USD	American	2023-Sep-15	0.8500 USD
Common	Call Option	Sell Transaction	1,007	120.0000 USD	American	2023-Dec-15	0.1000 USD
Common	Call Option	Sell Transaction	265	115.0000 USD	American	2023-Sep-01	0.1000 USD
Common	Call Option	Sell Transaction	8	115.0000 USD	American	2023-Sep-01	0.2000 USD

(ii)           Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit (Note 5)

(d)           Other dealings (including transactions in respect of new securities) (Note 3)

Class of relevant security	Nature of dealing e.g. subscription, conversion, exercise	Details	Price per unit (if applicable) (Note 5)

Ap30

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 person 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

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

(c)           Attachments

Is a Supplemental Form 8 attached?	YES

Date of disclosure	31 August 2023
Contact name	Paula Sharp
Telephone number	020 7645 9700

Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

Ap32

SUPPLEMENTAL FORM 8

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 8.1, RULE 8.3, RULE 38.5(b) AND

RULE 38.6 OF THE IRISH TAKEOVER PANEL ACT, 1997,

TAKEOVER RULES, 2022

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING

OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL AND

RIGHTS TO SUBSCRIBE FOR NEW SECURITIES

1.             KEY INFORMATION

Full name of person making disclosure:	Citadel Group
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	HORIZON THERAPEUTICS PLC

2.             STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

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 e.g. American, European etc.	Expiry date
Common	Put Option	Purchased	-10,000	98.0 USD	American	01/09/2023
Common	Put Option	Purchased	-200,000	75.0 USD	American	17/11/2023
Common	Put Option	Purchased	-400	104.0 USD	American	01/09/2023
Common	Put Option	Purchased	-300,000	110.0 USD	American	19/01/2024
Common	Put Option	Purchased	-15,000	102.0 USD	American	01/09/2023
Common	Put Option	Purchased	-958,900	100.0 USD	American	19/01/2024
Common	Call Option	Purchased	27,300	115.0 USD	American	15/09/2023
Common	Put Option	Purchased	-3,800	100.0 USD	American	17/11/2023
Common	Put Option	Purchased	-12,900	70.0 USD	American	19/01/2024
Common	Put Option	Purchased	-280,000	80.0 USD	American	15/12/2023
Common	Put Option	Purchased	-3,100	99.5 USD	American	01/09/2023
Common	Put Option	Purchased	-1,500	90.0 USD	American	17/11/2023
Common	Put Option	Purchased	-5,000	90.0 USD	American	15/09/2023
Common	Put Option	Purchased	-100	55.0 USD	American	19/01/2024
Common	Put Option	Sold	442,800	60.0 USD	American	19/01/2024
Common	Put Option	Sold	700	50.0 USD	American	19/01/2024
Common	Call Option	Sold	-30,000	105.0 USD	American	15/09/2023
Common	Put Option	Sold	9,400	95.0 USD	American	17/11/2023
Common	Call Option	Sold	-27,300	115.0 USD	American	01/09/2023
Common	Put Option	Sold	62,500	90.0 USD	American	19/01/2024
Common	Put Option	Sold	700	60.0 USD	American	17/11/2023
Common	Put Option	Sold	32,800	55.0 USD	American	17/11/2023
Common	Put Option	Sold	52,000	55.0 USD	American	15/09/2023
Common	Call Option	Sold	-319,600	106.0 USD	American	01/09/2023
Common	Call Option	Sold	-50,000	120.0 USD	American	19/01/2024
Common	Call Option	Sold	-250,000	110.0 USD	American	15/09/2023
Common	Call Option	Sold	-900	115.0 USD	American	15/03/2024
Common	Call Option	Sold	-10,900	115.0 USD	American	17/01/2025
Common	Call Option	Sold	-352,000	115.0 USD	American	19/01/2024
Common	Call Option	Sold	-2,300	120.0 USD	American	15/09/2023
Common	Call Option	Sold	-100,800	120.0 USD	American	15/12/2023
Common	Call Option	Sold	-200,000	110.0 USD	American	20/10/2023
Common	Call Option	Sold	-100,000	110.0 USD	American	19/01/2024

3.             AGREEMENTS TO PURCHASE OR SELL

Full details should be given so that the nature of the interest or position can be fully understood:

Ap33

4.             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:

It is not necessary to provide details on a Supplemental Form with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel.

References in these notes to "the Rules" are to the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

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 [email protected] 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.

END

ITPWPUCCRUPWUBG