RNS Number : 8408L
GoldmanSachs International
06 June 2025
 

 

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

MITIE TREASURY MANAGEMENT LIMITED (A WHOLLY OWNED SUBSIDIARY OF MITIE GROUP PLC)

(c) Name of the party to the offer with which exempt principal trader is connected:

MITIE TREASURY MANAGEMENT LIMITED (A WHOLLY OWNED SUBSIDIARY OF MITIE GROUP PLC)

(d) Date dealing undertaken:

05 June 2025

(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 - disclosing today for MARLOWE PLC

 

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

2.5p ordinary

Purchases

1,332,537

1.4920 GBP

1.3840 GBP

2.5p ordinary

Sales

2,899,510

1.5760 GBP

1.3800 GBP

 

 

 

(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

2.5p ordinary

CFD

Reducing a short position

265

1.3858 GBP

2.5p ordinary

CFD

Reducing a short position

1,634

1.3858 GBP

2.5p ordinary

CFD

Reducing a short position

528

1.3858 GBP

2.5p ordinary

CFD

Increasing a long position

3,979

1.3859 GBP

2.5p ordinary

CFD

Reducing a long position

27,560

1.3860 GBP

2.5p ordinary

CFD

Increasing a long position

44,581

1.3860 GBP

2.5p ordinary

CFD

Reducing a short position

503,681

1.3860 GBP

2.5p ordinary

CFD

Reducing a short position

11,770

1.3861 GBP

2.5p ordinary

CFD

Increasing a short position

55

1.3862 GBP

2.5p ordinary

CFD

Opening a short position

18,567

1.3862 GBP

2.5p ordinary

CFD

Reducing a short position

12,021

1.3862 GBP

2.5p ordinary

CFD

Increasing a short position

131

1.3936 GBP

2.5p ordinary

CFD

Reducing a short position

196,849

1.3938 GBP

2.5p ordinary

CFD

Reducing a short position

10

1.3960 GBP

2.5p ordinary

CFD

Reducing a short position

61

1.3960 GBP

2.5p ordinary

CFD

Reducing a short position

19

1.3960 GBP

2.5p ordinary

CFD

Increasing a short position

90

1.3960 GBP

2.5p ordinary

CFD

Increasing a long position

85,956

1.3975 GBP

2.5p ordinary

CFD

Increasing a long position

33,400

1.3975 GBP

2.5p ordinary

CFD

Increasing a short position

36,915

1.4003 GBP

2.5p ordinary

CFD

Reducing a short position

3,288

1.4015 GBP

2.5p ordinary

CFD

Reducing a short position

3,358

1.4019 GBP

2.5p ordinary

CFD

Increasing a short position

66

1.4022 GBP

2.5p ordinary

CFD

Increasing a short position

30

1.4022 GBP

2.5p ordinary

CFD

Increasing a short position

131

1.4022 GBP

2.5p ordinary

CFD

Increasing a short position

248

1.4022 GBP

2.5p ordinary

CFD

Reducing a short position

3,448

1.4034 GBP

2.5p ordinary

CFD

Reducing a short position

3,376

1.4039 GBP

2.5p ordinary

CFD

Increasing a short position

87

1.4042 GBP

2.5p ordinary

CFD

Increasing a short position

40

1.4042 GBP

2.5p ordinary

CFD

Increasing a short position

175

1.4042 GBP

2.5p ordinary

CFD

Increasing a short position

165

1.4042 GBP

2.5p ordinary

CFD

Increasing a short position

519

1.4042 GBP

2.5p ordinary

CFD

Increasing a short position

11

1.4047 GBP

2.5p ordinary

CFD

Increasing a short position

5

1.4047 GBP

2.5p ordinary

CFD

Increasing a short position

36

1.4047 GBP

2.5p ordinary

CFD

Increasing a short position

104

1.4047 GBP

2.5p ordinary

CFD

Reducing a short position

5,140

1.4067 GBP

2.5p ordinary

CFD

Opening a long position

5,922

1.4067 GBP

2.5p ordinary

CFD

Opening a long position

4

1.4067 GBP

2.5p ordinary

CFD

Reducing a short position

21,091

1.4067 GBP

2.5p ordinary

CFD

Opening a long position

110,000

1.4074 GBP

2.5p ordinary

CFD

Increasing a short position

44

1.4082 GBP

2.5p ordinary

CFD

Increasing a short position

94

1.4082 GBP

2.5p ordinary

CFD

Opening a long position

110,000

1.4088 GBP

2.5p ordinary

CFD

Opening a long position

110,000

1.4088 GBP

2.5p ordinary

CFD

Reducing a long position

18,154

1.4101 GBP

2.5p ordinary

CFD

Opening a short position

180

1.4101 GBP

2.5p ordinary

CFD

Opening a short position

122

1.4101 GBP

2.5p ordinary

CFD

Opening a short position

419

1.4101 GBP

2.5p ordinary

CFD

Opening a short position

629

1.4101 GBP

2.5p ordinary

CFD

Increasing a short position

92

1.4102 GBP

2.5p ordinary

CFD

Increasing a short position

42

1.4102 GBP

2.5p ordinary

CFD

Increasing a short position

182

1.4102 GBP

2.5p ordinary

CFD

Increasing a short position

664

1.4102 GBP

2.5p ordinary

CFD

Increasing a long position

133,710

1.4152 GBP

2.5p ordinary

CFD

Increasing a long position

51,955

1.4152 GBP

2.5p ordinary

CFD

Opening a long position

2

1.4166 GBP

2.5p ordinary

CFD

Reducing a short position

1,786

1.4166 GBP

2.5p ordinary

CFD

Reducing a short position

3,411

1.4166 GBP

2.5p ordinary

CFD

Opening a long position

38,203

1.4175 GBP

2.5p ordinary

CFD

Opening a long position

14,844

1.4175 GBP

2.5p ordinary

CFD

Increasing a short position

25

1.4198 GBP

2.5p ordinary

CFD

Increasing a short position

11

1.4198 GBP

2.5p ordinary

CFD

Increasing a short position

80

1.4198 GBP

2.5p ordinary

CFD

Increasing a short position

290

1.4198 GBP

2.5p ordinary

CFD

Increasing a short position

8,049

1.4203 GBP

2.5p ordinary

CFD

Opening a long position

4,649

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

3,254

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

12,947

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

29,055

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

28,194

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

14,004

1.4211 GBP

2.5p ordinary

CFD

Opening a long position

17,897

1.4211 GBP

2.5p ordinary

CFD

Increasing a short position

14,700

1.4221 GBP

2.5p ordinary

CFD

Reducing a long position

5,922

1.4221 GBP

2.5p ordinary

CFD

Opening a short position

1,786

1.4221 GBP

2.5p ordinary

CFD

Increasing a short position

86

1.4222 GBP

2.5p ordinary

CFD

Increasing a short position

318

1.4222 GBP

2.5p ordinary

CFD

Opening a long position

27,560

1.4407 GBP

2.5p ordinary

CFD

Increasing a short position

172

1.4599 GBP

2.5p ordinary

CFD

Increasing a short position

79

1.4599 GBP

2.5p ordinary

CFD

Increasing a short position

589

1.4599 GBP

2.5p ordinary

CFD

Increasing a short position

2,179

1.4599 GBP

2.5p ordinary

CFD

Opening a long position

18,154

1.4935 GBP

2.5p ordinary

CFD

Opening a long position

122

1.5077 GBP

2.5p ordinary

CFD

Opening a long position

629

1.5077 GBP

2.5p ordinary

CFD

Opening a long position

419

1.5077 GBP

2.5p ordinary

CFD

Opening a long position

180

1.5077 GBP

 

 

 

(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:

06 June 2025
Contact name:

Papa Lette and Andrzej Szyszka
Telephone number:

+33(1) 4212 1459 / +48(22) 317 4817

 

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.

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