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Fox News
21 hours ago
- Business
- Fox News
Pelosi's stock trading legacy haunts Democrats as Jeffries slams GOP freshman's 'thievery'
The National Republican Congressional Committee (NRCC) is accusing House Minority Leader Hakeem Jeffries of "hypocrisy" for slamming freshman GOP Rep. Rob Bresnahan's stock trading despite the same issue having plagued the Democratic Party for years. "It's rich for Hakeem Jeffries and national Democrats to suddenly care about stock trading when their real leader, Nancy Pelosi, and members of their own caucus make traders on Wall Street look like amateurs at a penny arcade. This political pandering is lame," Mike Marinella, NRCC spokesperson, said in a statement to Fox News Digital. The New York Times and Business Insider reports this year revealed Bresnahan has continued trading stocks since joining Congress, despite vowing to ban stock trading if elected. And since introducing legislation to ban stock trading and vowing to form a blind trust, the Pennsylvania Republican continued trading stocks. "Enough with the thievery. This guy is getting richer while everyday Americans struggle to live paycheck to paycheck. When we take back the House, we will put an end to this blatant corruption," Jeffries, D-N.Y., said on X. Politicians on both sides of the aisle have benefited from trading stocks while serving in office. Sen. Josh Hawley, R-Mo., reintroduced legislation this year to ban members of Congress and their spouses from trading stocks while in office. Hawley first introduced the "PELOSI Act" in 2023. Perhaps no representative has faced more scrutiny for stock trading than Jeffries' predecessor, Rep. Nancy Pelosi, D-Calif. In one such example, Pelosi's husband sold 2,000 Visa shares last year for at least $500,000, a few months before the federal government sued the company. Such trades must be legally disclosed under the Stop Trading on Congressional Knowledge (STOCK) Act. This year, Rep. Vicente Gonzalez, D-Texas, slammed President Donald Trump's tariffs on "Liberation Day," then purchased $100,000 and $250,000 in Apple stock, according to his financial disclosures reported by Southeast Politics. He has also purchased Tesla shares since Trump's inauguration. And as the stock market was fluctuating around "Liberation Day," Rep. Jared Moskowitz, D-Fla., bought 23 stocks, worth between $23,023 and $345,000, and sold two stocks, worth between $2,002 and $30,000, Sun Sentinel reported. But they weren't the only Democrats who cashed in on Trump's "Liberation Day." Rep. Julie Johnson, D-Texas, sold dozens of individual stock holdings in the hours before April 2, according to NOTUS. Justin Chermol, spokesperson for Jeffries, told Fox News Digital, "House Democrats will not be lectured by a Republican Party that has openly embraced corruption in the Trump administration, the Supreme Court and the Congress." "If MAGA extremists actually cared about the stock trading issue, House Republican leaders would immediately bring a bill to the floor that will ban stock trading by current members of Congress. They have refused to do it," Chermol added.
Yahoo
4 days ago
- Business
- Yahoo
Hollywood Star Josh Brolin Says He Made More Money Trading Stocks Than Acting Due to Discipline And 1 Stock That Went 'to the Roof'
Hollywood actors are often seen as financially set for life, with little reason to seek extra income elsewhere. But acclaimed American actor Josh Brolin revealed in an interview that he turned to stock trading to make ends meet during a difficult stretch in his Hollywood career. Speaking with podcaster and journalist Guy Raz a few months ago, Brolin said he began stock investing to support his family during a time when his acting career hadn't taken off and he wasn't "cutting it." "I had children going to school and I just wasn't making money, man," Brolin said. "If you're lucky enough to make 100,000 a year, which I wasn't, then you're clearing 30,000 after taxes and commissions and if you have a lawyer and you have a manager and an agent and all this stuff that I had back then." Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Brolin said he started taking interest in stocks after meeting entrepreneur and investor Brett Markinson, who introduced him to the technical details and dynamics of trading. Brolin started asking him everything about investing to understand the finer details of the industry. Later, Brolin's role in "Wall Street: Money Never Sleeps" gave him access to market experts and billionaires, with whom he discussed finance, discipline, and other key aspects of investing, he said. All of this proved worthwhile for Brolin, who said he earned more from investing than from his acting career. "I made more money than I had ever made acting for sure," Brolin told Raz. "It wasn't just because I got lucky with one stock that went to the roof, I was very disciplined in the breaths of upward momentum, you know, fairly solid stocks. So I'd get it when it would go down, I'd sell it when it would go up." Trending: Maximize saving for your retirement and cut down on taxes: . Brolin said that he is a long-term investor now because day trading requires a tight schedule and a disciplined routine. "If you do that, you have to be up at 4:30 every morning and you have to know your basket and you have done your due diligence for what you're trading for that day and the night before," according to Brolin. Brolin said he'd accepted early on that he'd spend his career as a working actor, constantly seeking roles to support himself. But he was also confident from the beginning that he'd always be able to handle his finances and provide for his family. "I knew that I could figure financials out, I knew that I could support myself, not just through acting. I didn't do TV for 20 years, so again, for somebody who needs to provide for their family, there was still some version of integrity," he said. Read Next: Here's what Americans think you need to be considered Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Hollywood Star Josh Brolin Says He Made More Money Trading Stocks Than Acting Due to Discipline And 1 Stock That Went 'to the Roof' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Fox News
22-05-2025
- Business
- Fox News
Mace sounds off on stock trading in Congress, Pelosi remains silent: ‘Something doesn't add up'
Print Close By Peter Pinedo Published May 22, 2025 Rep. Nancy Mace, R-S.C., says she supports banning stock trading for sitting members of Congress "100%," saying, "we shouldn't be voting on things we can benefit from financially." Though supportive of efforts to curb the practice of trading by members of Congress, Mace, a staunch conservative, told Fox News Digital that she is not surprised the effort has been unsuccessful so far. "It's Washington. Washington is doing what it always does," she said, adding, "The establishment rules and … when you see the kind of returns members of Congress on both sides of the aisle are getting that the average American isn't, something doesn't add up." According to Quiver Quantitative, Mace has no reported stock trading activity and has a net worth of $3.4 million. WATCH: Leftist protesters flood Capitol Hill office building as 'big, beautiful' budget bill vote looms "I support it 100%. I don't trade stocks," said Mace. "I think I have learned since I've been up here that we can be market makers, and when we do bills, or we vote on things, or we do legislation, we shouldn't be voting on things that we could benefit from financially." Rep. Nancy Pelosi, D-Calif., meanwhile, declined to comment on her stance. According to Quiver Quantitative, the former speaker of the House, who has a net worth of a little over $261 million and, as of April 28, was reported as holding $119.9 million in stocks, has been heavily criticized for engaging in lucrative trading. When asked by Fox News Digital whether she would support banning lawmakers from trading stocks, Pelosi ignored the question and continued walking. HAWLEY REIGNITES 'PELOSI ACT' PUSH TO BAN LAWMAKERS FROM TRADING STOCKS This comes after Rep. Mark Alford, R-Mo., introduced legislation earlier this month that would ban congressional stock trading, serving as the House companion bill to Sen. Josh Hawley's, R-Mo., "PELOSI Act" in the Senate. Alford's proposed bill would ban lawmakers and their spouses from holding, purchasing or selling individual stocks while in office, but it allows investments in diversified mutual funds, exchange-traded funds or U.S. Treasury bonds. If passed, current lawmakers would have 180 days to comply with the legislation. Likewise, newly elected lawmakers must achieve compliance within 180 days of entering office. Under the proposed legislation, lawmakers who continue to make wrongful transactions would be required to hand over any profits they made to the U.S. Treasury Department. The House or Senate ethics committees could also impose a fine on such lawmakers amounting to 10% of each wrongful transaction. House Speaker Mike Johnson has also endorsed a stock trading ban, saying "a few bad actors" have ruined Americans' trust in lawmakers on the issue. President Donald Trump himself endorsed the same ban for members of Congress in an interview with Time magazine last month. "I watched Nancy Pelosi get rich through insider information, and I would be okay with it. If they send that to me, I would do it," he said of a trading ban. CALLS TO BAN CONGRESSIONAL TRADING PERSIST AMID RECENT STOCK MARKET VOLATILITY Democrats in the House of Representatives have also expressed support for a ban, with House Minority Leader Hakeem Jeffries, D-N.Y., throwing his weight behind the proposal last week. CLICK HERE TO GET THE FOX NEWS APP Rep. Thomas Massie, R-Ky., meanwhile, told Fox News Digital that he has an alternate solution that would allow legislators to trade stocks but would mandate that members of Congress wishing to do so to "put their money in escrow and announce the stock trade 24 hours before they make it." "Then they have to legally go through with the trade. So instead of not using the insider information, let's give it to everybody and let them front run the elected officials here," he said, smiling. Print Close URL
Skift
20-05-2025
- Business
- Skift
The Travel Stocks Congress Loves to Trade
More than three dozen lawmakers and their spouses have traded stocks in travel companies — even as they oversee and regulate them. Members of Congress help shape the future of the travel industry — and some are personally investing in it, too. A Skift analysis of congressional financial disclosures reveals that more than three dozen lawmakers and their spouses have traded stocks in airlines, hotel chains, cruise companies, and travel tech firms. In all, federal lawmakers and their spouses have made nearly 600 individual travel industry-related stock trades since the 2021-2022 congressional session, congressional financial records indicate. Taken together, the purchases and sales are worth well into the millions of dollars. Shares of Marriott International, Airbnb, Uber, Hilton Worldwide, and Booking Holdings rank among the most frequently traded common stocks by members of Congress and their spouses. Members of Congress are legally allowed to buy and sell individual stocks as long as they don't violate the anti-insider trading provisions of the Stop Trading on Congressional Knowledge Act of 2012, known as the STOCK Act. They must disclose their trades within 45 days. Dozens of members of Congress have violated these disclosure rules in the past decade. And a growing number of elected Republicans and Democrats alike want to limit or ban trading individual stocks. Even some of Congress' most prolific travel stock traders tell Skift that they're rethinking their investment strategies or have recently stopped trading individual stocks. 'The travel and tourism industry is affected by tax implications, subsidies, lots of decisions,' said Dylan Hedtler-Gaudette, director of government affairs for the nonprofit and nonpartisan Project on Government Oversight. 'Lawmakers can pass a stock ban … they could just invest in broad-based mutual funds right now.' Here is Skift's company-by-company assessment of which federal lawmakers are trading travel and tourism industry stocks: Top 5 Most Traded Travel Stocks Number of Trades Lawmakers 1. Booking Holdings 85 8 2. Marriott 67 7 3. Airbnb 59 7 4. Hilton 37 6 5. Boeing 21 11 Booking Holdings In all, eight members of Congress disclosed making recent Booking Holdings stock trades within their immediate families, including Sen. Dan Sullivan (R-Alaska) and Reps. Jefferson Shreve (R-Ind.), Ro Khanna (D-Calif.), Josh Gottheimer (D-N.J.), Dan Newhouse (D-Wash.), Bill Keating (D-Mass.), Diana Harshbarger (R-Tenn.) and Michael McCaul (R-Texas). No travel and tourism industry company is more frequently traded by members of Congress than Booking Holdings, the parent company of brands such as Kayak and OpenTable. Lawmakers and their spouses bought or sold shares of Booking Holdings at least 85 times during the past four years, according to Skift's analysis of congressional financial disclosures. In an email to Skift, Elliot Berke, an attorney for McCaul, indicated that the congressman's wife, Linda Mays McCaul, daughter of Clear Channel Communications founder Lowry Mays, made the trades. 'McCaul did not purchase these stocks and had no advanced knowledge of the purchase. Rather, his wife has assets she solely owns, and a third-party manager made the purchase without her direction,' Berke said. Khanna has disclosed more than 50 trades in Booking Holdings that his congressional office attributes to his wife, Ritu Khanna, and their dependent children. The stock's share price has nearly tripled during the past five years. Khanna has reported thousands of stock trades overall for his wife and children. 'Rep. Khanna's wife's money is in a trust managed by an independent party, and it's diversified,' spokesperson Sarah Drory told Skift. 'Under official government ethics guidance, diversified trusts eliminate conflicts. The trades in tourism are a part of that trust and are a very small percentage of it. Rep. Khanna and his wife do not trade any stocks. Rep. Khanna has been a leader in calling for a stock ban and is a co-sponsor of the bipartisan TRUST in Congress Act and he also introduced a political reform plan that bans stock trading.' As for Harshbarger, she made her Booking Holdings trades in 2022 and has last reported trading any stock at all in 2023, according to federal records. Harshbarger's final trades from two years ago included shares of Hyatt Hotels — she's the only federal lawmaker to report recent purchases or sales of Hyatt stock. Marriott International Marriott International counts Reps. Lois Frankel (D-Fla.), Jonathan Jackson (D-Ill.), Gottheimer, McCaul, Lee and Khanna among its recent investors. Rep. Debbie Dingell (D-Mich.) and the wife of Rick Allen (R-Ga.) also report Marriott stock holdings of $15,001 to $50,000 each, although they haven't bought or sold shares recently. Marriott is the most popular hotel stock among congressional members, with 67 individual trades. Jackson said he employs a financial adviser and that he wasn't aware he had purchased between $30,002 and $100,000 worth of Marriott stock during 2023. 'I don't know anything about it,' Jackson said. 'I have not directed any trades. My financial adviser stays on it.' Lee, the Nevada Democrat, 'is currently in the process of transferring holdings she received following her divorce into ETFs, index funds, and mutual funds, going above and beyond what's required of her by law and ethics rules,' spokesperson Christopher D'Aloia said in an email. 'Representative Lee has never directed an individual stock trade prior to her divorce, and she strongly supports a ban on members of Congress directing trades of individual stocks. Representative Lee had no knowledge of trades made in accounts managed by her ex-husband.' Airbnb Reps. Dan Goldman (D-N.Y.), Bresnahan, Khanna, Cisneros, Keating, Gottheimer and Guest each reported Airbnb trades in recent years. Members of Congress and their spouses executed 59 Airbnb stock trades in recent years. Like many of the other companies whose stock members of Congress have traded, Airbnb maintains a strong political presence in Washington, D.C. For example, it spent at least $940,000 each year for the past three years on federal-level government lobbying efforts, according to lobbying records compiled by OpenSecrets. Goldman is among the lawmakers who says he stopped trading individual stocks and is no longer buying and selling shares of Airbnb — or anything else. "As elected representatives endowed with the public trust, members of Congress must uphold the highest ethical standards and avoid even the appearance of a possible conflict of interest,' Goldman confirmed to Skift in an email. 'Upon entering Congress, I sold all individual stock holdings and placed my assets into a blind trust to ensure that my constituents can be certain that I represent their interests and their interests alone. It's long past time for Congress to pass a bill banning stock trading by members of Congress and executive branch officials." Gottheimer, for his part, has taken steps to detach himself from travel and other stock trades made on his behalf, spokesperson Tony Wen said. 'Prior to taking office, Josh turned over management of his retirement savings and investments to a third party, who has full investment discretion,' Wen said. 'Throughout his time in Congress, decisions related to his managed investments have been made at the direction of that third party. Josh is also awaiting approval from Congress of a blind trust. In the meantime, he has taken the extra step of setting up an independent trust.' Wen added that Gottheimer is 'working to pass legislation — to ensure that every Member of Congress, judge, or government employee in a policy role, should be required to place any stocks or bonds in a blind trust to ensure they have no direct involvement in their investments.' Hilton Worldwide Holdings Members of Congress and their spouses have disclosed executing 37 trades in the hotel company's stock in recent years. Sens. John Curtis (R-Utah) and Markwayne Mullin (R-Okla.) and Reps. Kevin Hern (R-Okla.), Shreve, Khanna, and McCaul are among them. Boeing Lawmakers who've invested in Boeing include Reps. Marjorie Taylor Greene (R-Ga.), Tom Suozzi (D-N.Y.), Blake Moore (R-Utah), Bruce Westerman (R-Ark.), Dave Joyce (R-Ohio), Hern, Keating, Bresnahan, Johnson, Cisneros and Shreve. Rep. Nicole Malliotakis (R-N.Y.) also reported holding a Boeing stock investment worth between $15,001 and $50,000 but has not traded the stock recently. The American airplane manufacturer and defense contractor is another popular investment target for congressional lawmakers — 11 of them reported making a combined 21 trades in recent years. Cisneros' office did not respond to Skift's requests for comment, but spokesperson Nic Jordan told Fortune in March that the California Democrat has 'never abused his official position to benefit a private entity.' Keating, a Democrat from Massachusetts who served on the House Armed Services Committee, sold five-figure investments in Boeing last year — a move that Keating's office attributed to a financial adviser but that ethics watchdogs criticized, Raw Story reported. Joyce failed to properly disclose Boeing stock trades in violation of the STOCK Act, Newsweek reported last year. Each year since 2008, Boeing has spent at least $11 million on federal-level government lobbying efforts, according to federal records compiled by OpenSecrets. Uber Representatives who've traded Uber include Reps. Julie Johnson (D-Texas), James Comer (R-Ky.), Rob Bresnahan (R-Pa.), Gil Cisneros (D-Calif.), John James (D-Mich.), Michael Guest (R-Miss.), Greg Landsman (D-Ohio), McCaul, Gottheimer, Khanna and Shreve. Uber is the most popular travel and tourism industry stock in Congress when measured by the number of lawmakers — 11 — who've reported trading it during the past four years. Shreve, a freshman, is already one of the most active stock traders in Congress. NOTUS reported this week that Shreve, a member of the U.S. House Committee on Transportation and Infrastructure, bought or sold shares in several companies that fall within the committee's jurisdiction. He bought between $15,001 and $50,000 worth of Uber stock on April 7, congressional records indicate. Shreve spokesperson Hannah Benfield declined to answer several of NOTUS' questions but said in a written statement: 'Congressman Shreve relies on a financial advisor to conduct trades. He hired a professional to ensure compliance with all transaction reporting requirements for members of Congress.' Uber is politically active, spending more than $2.6 million in 2024 to lobby the federal government, according to federal lobbying records compiled by OpenSecrets. The company donated $1 million to President Donald Trump's inauguration, with CEO Dara Khosrowshahi also personally donating $1 million. Uber was among several companies that sent a letter in October 2023 to Comer, then chairman of the House Committee on Oversight and Accountability, urging him to investigate the practice of third-party litigation funding, arguing that its 'negative effects on U.S. civil litigation are manifold.' Comer reported purchasing up to $15,000 worth of Uber shares on Jan. 2, according to a congressional financial filing. Landsman's Uber trades violated the STOCK Act due to late disclosures. Landsman said last month he would stop trading. Expedia Group Three members of Congress — Rep. Zoe Lofgren (D-Calif.), Frankel and Khanna — reported a combined 17 trades in Expedia Group. Lofgren violated the STOCK Act in 2023 when she failed to properly report various stock trades, including her husband's sale of up to $15,000 worth of Expedia Group stock, Raw Story reported. 'All of these transactions, which are related to my husband's solo practice retirement accounts, are managed by a financial adviser. I do not know about them until they are reported. If there is a late fee owed, it will be paid,' Lofgren said at the time. First-time violators of the STOCK Act's disclosure provisions are supposed to pay a $200 civil fine, although the House and Senate ethics committees have jurisdiction to waive this fine — and regularly do. Expedia Group's brands include Expedia, Vrbo, Travelocity, Orbitz, CheapTickets, and Trivago. Las Vegas Sands Rep. John James (R-Mich.) failed to properly disclose stock trades, including a 2023 purchase of up to $15,000 in Las Vegas Sands shares. It prompted Democrat-supporting political group End Citizens United to file an ethics complaint against the congressman. In a letter to the U.S. House Clerk's Office, James acknowledged the error, 'It is critical to note that there has been no impropriety nor has any impropriety been alleged,' James wrote, according to a copy of the letter obtained by The Detroit News. 'Regardless, my team and I are committed to providing accurate information quickly and in a transparent, forthright manner. Moreover, I am taking aggressive measures to ensure these types of errors do not occur in the future.' McCaul, Johnson, and Khanna also reported Las Vegas Sands trades, with the four lawmakers combining to disclose nearly 30 trades in the hotel and casino company in all during the past four years. Johnson, the Texas Democrat, is among Congress' most active stock traders and dumped nearly 80 different stocks on April 1, the day before Trump's April 2 'Liberation Day' tariff announcements, NOTUS reported. MGM Resorts Sen. Tom Carper (D-Del.) and Reps. Lee and Khanna combined to report 15 stock trades in the hotel company. Wynn Resorts Reps. Dan Crenshaw (R-Texas), Lee, Cisneros, Moody, Khanna, and Hern combined to make a dozen reported stock trades in the hotel company. Host Hotels & Resorts Steve Cohen (D-Tenn.), Goldman, and Khanna combined to make 10 trades in the company, a real estate investment trust that has several dozen hotel properties — concentrated along the coasts — in its portfolio. Airlines Southwest Airlines and Delta Air Lines are the most popular stock-trading targets among federal lawmakers. Reps. Dwight Evans (D-Pa.), Comer, Cisneros, and Khanna, as well as Sullivan, the senator from Alaska, combined to report 24 trades in recent years. Delta Air Lines has been a trading target for Rep. Morgan McGarvey (D-Ky.), Bresnahan, Shreve, Khanna, Johnson, and Goldman, who combined to make 22 trades. Rep. Tim Moore (R-N.C.) and Khanna reported American Airlines trades, while Khanna and Goldman have traded United Airlines stock. Khanna alone reported trades in Alaska Airlines, while Gottheimer was the only lawmaker to report a trade in Allegiant Air. Rep. Ron Estes (R-Kansas) is the only member of Congress to report a trade in Spirit Airlines, having sold shares in 2022. Prior to swearing off individual stock trading, Goldman also traded shares of foreign carriers Qantas, Japan Airlines, and Singapore Airlines, as well as European airplane manufacturer Airbus. No federal lawmaker reported making recent trades of JetBlue, Frontier, SkyWest, or Sun Country Airlines stock. Cruise Lines Carnival Corp. is the most popular cruise stock among lawmakers, with seven lawmakers combining to report 25 trades in recent years, including Sens. Gary Peters (D-Mich.), Ashley Moody (R-Fla.) and Tommy Tuberville (R-Ala.), and Reps. Eric Burlison (R-Mo.), Lee, Shreve and Khanna. Meanwhile, Reps. George Whitesides (D-Calif.), Bresnahan, Khanna, and Lee have traded Royal Caribbean stock, while Moody and Khanna have disclosed trades in Norwegian Cruise Lines. Rep. April McClain Delaney (D-Md.) alone reported a trade in Viking Holdings, the company that specializes in high-end river cruises. In March, Whitesides sold between $100,000 and $250,000 worth of his Royal Caribbean stock — part of what his congressional office described as 'the first of many actions' to 'target government corruption' while in office. He also dumped his stake in Virgin Galactic Holdings, where he previously served as the space tourism company's CEO. 'Rep. Whitesides is promoting best practices that he believes every member of Congress should follow to avoid any possible conflict of interest with his future work,' Whitesides spokesperson Natalie Gould said in a statement to OpenSecrets. Luxury Car Companies Former House Speaker Nancy Pelosi (D-Calif.) has become so known for congressional stock trading that Sen. Josh Hawley (R-Mo.) named a stock-ban bill he introduced after her — the 'PELOSI Act.' Pelosi does not personally trade stocks, but her husband, Paul Pelosi, makes tens of millions of dollars worth of personal stock and stock option trades each year, according to federal records. She has also expressed skepticism about stock-trade bans. The Pelosis tend to avoid travel and tourism industry stocks, but the California congresswoman did report an investment of between $50,001 and $100,000 in Massachusetts-based Citycar Services LLC, which provides limousine services.
Yahoo
20-05-2025
- Business
- Yahoo
Form 8.5 (EPT/RI) - H & T Group
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: Shore Capital Stockbrokers Ltd (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree H&T Group Plc (c) Name of the party to the offer with which exempt principal trader is connected: H&T Group Plc (d) Date dealing undertaken: 19 May 2025 (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER (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 Ordinary Purchases 16,244 645.24p 644.86p Ordinary Sales 30,001 646p 645.46p (b) Derivatives transactions (other than option) 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 (c) Options transactions in respect of existing securities (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) Exercising Class of relevant security Product description e.g. call option 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) The currency of all prices and other monetary amounts should be stated. 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. 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: 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: 20 May 2025 Contact name: Clare Gamble-Dale Telephone number: 0207 601 6132 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@ 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
