16th Oct 2007 16:09
UBS AG (EPT)16 October 2007 FORM 38.5(b) DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(b) of the Takeover Code) 1. KEY INFORMATION Name of exempt principal trader UBS AG London BranchCompany dealt in SAINSBURY (J) PLCClass of relevant security to which the 28 4/7 ORDdealings being disclosed relate (Note 1)Date of dealing 15 OCTOBER 2007 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2) Long Short Number (%) Number (%)(1) Relevant securities 142,393 0.01% 426 0.00%(2) Derivatives (other thanoptions)(3) Options and agreements topurchase/sellTotal 142,393 0.01% 426 0.00% (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2) Class of relevant security: Long Short Number (%) Number (%)(1) Relevant securities(2) Derivatives (other thanoptions)(3) Options and agreements topurchase/sellTotal (c) Rights to subscribe (Note 2)Class of relevant security: Details 3. DEALINGS (Note 3) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 4) PURCHASE 14 582 pence SALE 5375 583 SALE 627 583 SALE 3873 583 SALE 2129 583 SALE 438 583 SALE 950 583.5 SALE 282 583.5 SALE 420 584.5 TOTAL PURCHASES 14 TOTAL SALES 14,094 (b) Derivatives transactions (other than options)Product name, e.g Long/short (Note 5) Number of securities Price per unitCFD (Note 6) (Note 4) (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product Writing, Number of Exercise Type, e.g. Expiry Optionname,e.g. selling, securities price American, date money paid/call purchasing, to which the European received peroption varying etc option etc. unit (Note relates 4) (Note 6) (ii) Exercising Product name, e.g. call Number of securities Exercise price per unitoption (Note 4) (d) Other dealings (including new securities) (Note 3) Nature of transaction Details Price per unit (if applicable)(Note 7) *Conversion 1,060,244 n/a ADRs (4:1) * Prior to the commencement of the offer period on 18 July 2007, UBS AG LondonBranch held a long interest of 1,060,244 in the ADRs of the company. Each ADRrepresents 4 ordinary shares of 28 4/7p. UBS also had taken a correspondingshort interest of 4,240,976 ordinary shares of 28 4/7p prior to the commencementof the offer period. Inadvertently, the long ADR position has not beendisclosed since the start of the offer period. UBS's position in the ADRs hasnot changed during this period. On 15 October 2007, this long position of1,060,244 ADRs was converted into 4,240,976 ordinary shares on a 4 for 1 basis.This resultant position has now been offset against the initial correspondiongshort position of 4,240,976 ordinary shares that was taken prior to the start ofthe offer period. 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated. .............................................................................. .............................................................................. Is a Supplemental Form 38.5(b) attached? (Note 8) NO Date of disclosure 16 OCTOBER 2007Contact name NIMISHA SACHDEVTelephone number 020 7568 9289Name of offeree/offeror with which connected SAINSBURY (J) PLCNature of connection (Note 9) CONNECTED ADVISER Notes The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's