8th May 2025 15:27
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: | Jefferies International Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
|
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Deliveroo plc |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
|
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 7th May 2025 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" |
N/A |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:
| 0.5p ordinary | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: |
|
| 5,240,240 | 0.350 |
(2) Cash-settled derivatives:
| 15,914,674 | 1.063 | 10,489,249 | 0.701 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
|
|
|
|
TOTAL: | 15,914,674 | 1.063 | 15,729,489 | 1.051 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: |
|
Details, including nature of the rights concerned and relevant percentages: |
|
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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 | Purchase/sale
| Number of securities | Price per unit (GBX) |
0.5p ordinary | Purchase
Sale | 308,612 101,171 1,000,000 8,837 544,285 2,500,000 20,000 25,965 25,000 2,000 24,460,388 43,453 75,981 250,000 465,472 7,990 891,244 5,779 112,607
35,810,000 132,457 1,683 860 409,783 1,000,000 30,000 1,394 15,520 500,000 500,000 1,315 31,185 600,000 7,307 112,607 | 174.8500 174.9000 174.9125 175.1000 175.1313 175.1400 175.1500 175.2000 175.2500 175.3000 175.4000 175.4500 175.5000 175.5500 175.6000 175.6500 175.7000 175.9000 176.0000
174.3260 174.7500 174.8000 174.8500 175.0000 175.0900 175.1000 175.5000 175.5500 175.6229 175.6900 175.7000 175.7500 175.7600 175.8000 176.0000 |
(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 (GBX) |
0.5p ordinary | Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap | Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a long position Reducing a long position Increasing a short position Increasing a short position Reducing a long position Reducing a long position Increasing a short position Reducing a long position Reducing a long position Reducing a long position Reducing a long position | 105,706 68,056 2,485,093 64,459 281,042 21,409 2,050,991 24,748 1,059,211 146,005 805,162 1,409,000 57,414 973,143 200,116 136,008 3,023 7,853 41,246 1,424,745 161,544 754,409 1,175,866 82,492 1,312,465 5,713,555 2,567,565 258,287 1,000 726,008 268,126 70,392 288,742 196,683 12,374 15,112 607,263 905,000 3,887,445 635,526 364,358 1,527,435 112,417 64,617 59,084 119,422 348,528 333,526 287,072 22,966 443,212 584,567 336,011 202,501 679,760 306,603 306,603 162,978 1,275,955 162,978 74,704 74,704 2,263,388 18,000,000 4,197,000 | 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 174.3260 175.1400 175.1400 175.1400 175.1400 175.1400 175.1400 175.1400 175.1400 175.4000 175.4000 175.4000 |
(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) |
|
|
|
|
4. 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 person 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 person 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 |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 8th May 2025 |
| Contact name: | Robin Greenwood |
| Telephone number | 020 7029 8595 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Deliveroo