---
title: "REG - Citigroup Global Mkt Pinewood Tech Gp PLC - Form 8.5 (EPT/RI)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275289580.md"
description: "Citigroup Global Markets Limited disclosed its dealings in Pinewood Technologies Group plc as an exempt principal trader under Rule 8.5 of the Takeover Code. On February 6, 2026, Citigroup executed sales and purchases of ordinary shares, including a sale of 99,852 shares at a price range of GBP 4.6300 to GBP 4.3800 and a purchase of 18,293 shares at GBP 4.6300 to GBP 4.4587. Additionally, it reported various cash-settled derivative transactions, including increasing and reducing short positions in the same class of securities. No indemnity or option arrangements were disclosed."
datetime: "2026-02-09T08:53:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275289580.md)
  - [en](https://longbridge.com/en/news/275289580.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275289580.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275289580.md) | [繁體中文](https://longbridge.com/zh-HK/news/275289580.md)


# REG - Citigroup Global Mkt Pinewood Tech Gp PLC - Form 8.5 (EPT/RI)

RNS Number : 2313S Citigroup Global Markets Limited 09 February 2026

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:

Citigroup Global Markets Limited

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Pinewood Technologies Group plc

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

Apax Partners LLP

(d) Date dealing undertaken:

06 February 2026

(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

100p ordinary

Sale

99,852

GBP 4.6300

GBP 4.3800

100p ordinary

Purchase

18,293

GBP 4.6300

GBP 4.4587

(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

100p ordinary

TRS

Increasing Short Position

2,669

GBP 4.4651

100p ordinary

TRS

Increasing Short Position

7,053

GBP 4.5237

100p ordinary

TRS

Reducing Short Position

6,200

GBP 4.4137

100p ordinary

TRS

Reducing Short Position

705

GBP 4.4649

100p ordinary

TRS

Reducing Short Position

13,861

GBP 4.4650

100p ordinary

TRS

Increasing Short Position

2

GBP 4.4650

100p ordinary

TRS

Reducing Short Position

3,586

GBP 4.4988

100p ordinary

TRS

Reducing Short Position

4,924

GBP 4.5378

100p ordinary

TRS

Reducing Short Position

62,007

GBP 4.5990

(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:

09 February 2026

Contact name:

Craig Watson

Telephone number:

02890 409 605

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@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on +44 (0) 20 7638 0129.

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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