The news released by RMB Morgan Stanley (Pty) Ltd on May 28, 2024, provides a detailed disclosure of their dealings and positions in relation to Anglo American plc. The disclosure is made in accordance with Rule 8.5 of the Takeover Code and includes key information such as the exempt principal trader's name, the offeror/offeree's name, and the date of dealing undertaken, which was May 27, 2024.
The disclosure outlines the positions of the exempt principal trader, including interests and short positions in the relevant securities of Anglo American plc following the dealing. It also includes details of cash-settled derivatives and rights to subscribe for new securities. The disclosure further provides information on the dealings by the exempt principal trader, including purchases, sales, cash-settled derivative transactions, and stock-settled derivative transactions.
The document also includes other information such as indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and whether a Supplemental Form 8 (Open Positions) is attached. The disclosure is comprehensive and provides a clear overview of RMB Morgan Stanley (Pty) Ltd's positions and dealings in relation to Anglo American plc as of the specified date.
The disclosure is a regulatory requirement and aims to provide transparency regarding the exempt principal trader's activities in relation to Anglo American plc. It offers valuable insights into the trading and positions of RMB Morgan Stanley (Pty) Ltd, contributing to a better understanding of the market dynamics and the relationships between the involved parties.