AMENDMENT
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: | J.P. Morgan Securities Plc |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Spectris plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Financial advisor to KKR & CO INV. |
| (d) Date dealing undertaken: | 20 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
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 |
| 5p ordinary | Purchase
Sale | 794,039
726,688 | 33.5404 GBP
33.5400 GBP | 32.8200 GBP
32.8159 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 |
| 5p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short | 137 18,763 11,242 450 92 543 39 1 588 1,379 134 20 871
6 2,516 9,047 1,702 5,801 44 2,184 226 3,456 78 157 167 6,919 274 523 963 5 5 83
5 14 4,888 803 13,518 76 5,193 22 35 3,567 550 908 206 194 183
4,437 19,298 7,008 88,509 172 1 18,121 118 24,500 89 7 21,227 1,480 8 | 32.8200 GBP 32.8435 GBP 33.0568 GBP 33.3004 GBP 33.3005 GBP 33.3701 GBP 33.4310 GBP 33.4423 GBP 33.4526 GBP 33.4559 GBP 33.4785 GBP 33.5003 GBP 33.5404 GBP
32.8159 GBP 32.8195 GBP 32.8200 GBP 32.8655 GBP 32.8672 GBP 32.9795 GBP 32.9822 GBP 33.0285 GBP 33.0565 GBP 33.2530 GBP 33.4270 GBP 33.4650 GBP 33.4656 GBP 33.4721 GBP 33.4741 GBP 33.4750 GBP 33.4770 GBP 33.4970 GBP 33.5080 GBP
32.8167 GBP 32.8185 GBP 32.8200 GBP 32.8399 GBP 32.8718 GBP 33.4440 GBP 33.4526 GBP 33.4577 GBP 33.4600 GBP 33.4609 GBP 33.4725 GBP 33.4726 GBP 33.4971 GBP 33.4977 GBP 33.5227 GBP
32.8205 GBP 32.8207 GBP 32.8225 GBP 32.8233 GBP 33.4223 GBP 33.4634 GBP 33.4815 GBP 33.4816 GBP 33.4851 GBP 33.4855 GBP 33.5005 GBP 33.5026 GBP 33.5061 GBP 33.5434 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: | 24 June 2025 |
Contact name: | Hetvi Shah |
Telephone number: | 44 2034 936359 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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.