25th Aug 2016 09:48
This announcement replaces the previous announcement 0402I at 11:55 am on the 24th August 2016. Amendments made to 3 (a) Purchases and Sales.
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | J Sainsbury Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | J Sainsbury Plc |
(d) Date dealing undertaken: | 23 August 2016 |
(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" | YES Home Retail Group Plc |
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 |
28 4/7p ordinary | Buy
| 1486971 | 2.46150 GBP | 2.44200 GBP |
28 4/7p ordinary | Sell
| 1130721 | 2.46400 GBP | 2.43700 GBP |
Convertible Bond due Nov 2017 | Sell | 500000 | 103.75 GBP | 103.75 GBP |
(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 |
28 4/7p ordinary | CFD
| Long | 7779 | 2.44879183 GBP |
28 4/7p ordinary | CFD
| Long | 8521 | 2.45248 GBP |
28 4/7p ordinary | CFD
| Long | 96224 | 2.4509323 GBP |
28 4/7p ordinary | CFD
| Long | 2426 | 2.45116653 GBP |
28 4/7p ordinary | CFD
| Long | 30177 | 2.4536 GBP |
28 4/7p ordinary | CFD
| Long | 20215 | 2.449 GBP |
28 4/7p ordinary | CFD
| Long | 33423 | 2.45116447 GBP |
28 4/7p ordinary | CFD
| Long | 75442 | 2.454521 GBP |
28 4/7p ordinary | CFD
| Long | 19400 | 2.451408 GBP |
28 4/7p ordinary | CFD
| Long | 11097 | 2.4519801 GBP |
28 4/7p ordinary | CFD
| Long | 4174 | 2.458 GBP |
28 4/7p ordinary | CFD
| Long | 6000 | 2.452967 GBP |
28 4/7p ordinary | CFD
| Long | 4278 | 2.4511641 GBP |
28 4/7p ordinary | CFD
| Short | 48094 | 2.453 GBP |
28 4/7p ordinary | CFD
| Short | 8162 | 2.449 GBP |
28 4/7p ordinary | CFD
| Short | 3509 | 2.44803672 GBP |
28 4/7p ordinary | CFD
| Short | 631 | 2.459079 GBP |
28 4/7p ordinary | CFD
| Short | 231892 | 2.4556 GBP |
28 4/7p ordinary | CFD
| Short | 19594 | 2.453781 GBP |
28 4/7p ordinary | CFD
| Short | 45270 | 2.45164187 GBP |
28 4/7p ordinary | CFD
| Short | 54136 | 2.442 GBP |
28 4/7p ordinary | CFD
| Short | 1623 | 2.459074 GBP |
28 4/7p ordinary | CFD
| Short | 235537 | 2.4516 GBP |
(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: | 25 August 2016 |
| Contact name: | Tahmidul Haque |
| Telephone number: | +44 (0)20 7568 1245 |
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 [email protected]
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 www.thetakeoverpanel.org.uk.
Related Shares:
Sainsbury's