Investec Bank plc bought and sold an identical volume of 20,765 ordinary shares in Pollen Street Group Limited on 26th October 2026, with a notable spread between purchase and sale prices.
The bank acquired those shares at prices ranging from 929p to 930p per unit, while offloading the same quantity at prices between 930p and 935p, reflecting its client-serving activity on that date.
The transactions were disclosed publicly under Rule 8.5 of the Takeover Code, which governs dealing disclosures by exempt principal traders operating with recognised intermediary status.
Investec holds the position of Joint Broker to Pollen Street Group Limited, a relationship that requires the bank to file transparent disclosures whenever it deals in the company’s relevant securities.
The filing, submitted on 27th October 2026, confirms that Investec conducted no cash-settled derivative transactions and no stock-settled derivative transactions alongside the share dealings.
No options were written, purchased, sold, or varied, and no exercises of existing options occurred in connection with Pollen Street Group securities on the dealing date.
Investec also confirmed the absence of any indemnity arrangements, formal or informal agreements, or understandings that could serve as an inducement to deal or refrain from dealing.
Similarly, no agreements relating to voting rights on relevant securities or future acquisition and disposal arrangements tied to derivatives were reported by the bank.
The disclosure was made to a Regulatory Information Service in line with requirements set by the UK Takeover Panel, which oversees compliance with the Code’s dealing rules.
The Panel’s Market Surveillance Unit, reachable at +44 (0)20 7638 0129, remains available to market participants seeking guidance on disclosure obligations under the Code.
The filing was completed by contact Priyali Bhattacharjee and represents a standard transparency obligation for institutions acting in a client-serving capacity during a period when an offer is in play.
For investors tracking activity around Pollen Street Group, such disclosures provide a regulated window into the secondary market transactions of connected intermediaries during sensitive corporate periods.
