14th Jun 2016 11:44
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: | Connect advisor to J Sainsbury Plc offeror to Home Retail Group Plc |
(d) Date dealing undertaken: | 13 June 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
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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
| 2258628 | 2.44400 GBP | 2.35900 GBP |
28 4/7p ordinary | Sell
| 1846175 | 2.44000 GBP | 2.35800 GBP |
Perpetual Bond | Buy | 1300000 | 94.037 GBP | 94.037 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 | 46364 | 2.38278539 GBP |
28 4/7p ordinary | CFD
| Long | 2760 | 2.388989 GBP |
28 4/7p ordinary | CFD
| Long | 2850 | 2.403551 GBP |
28 4/7p ordinary | CFD
| Long | 40010 | 2.38188528 GBP |
28 4/7p ordinary | CFD
| Long | 4867 | 2.431213 GBP |
28 4/7p ordinary | CFD
| Long | 14966 | 2.382 GBP |
28 4/7p ordinary | CFD
| Long | 1000 | 2.438 GBP |
28 4/7p ordinary | CFD
| Long | 14072 | 2.3818853 GBP |
28 4/7p ordinary | CFD
| Long | 13000 | 2.39039 GBP |
28 4/7p ordinary | CFD
| Long | 5810 | 2.38598451 GBP |
28 4/7p ordinary | CFD
| Long | 147142 | 2.38639459 GBP |
28 4/7p ordinary | CFD
| Long | 64200 | 2.40199464 GBP |
28 4/7p ordinary | CFD
| Long | 70712 | 2.386255 GBP |
28 4/7p ordinary | CFD
| Short | 12800 | 2.389291 GBP |
28 4/7p ordinary | CFD
| Short | 1629 | 2.38235727 GBP |
28 4/7p ordinary | CFD
| Short | 14771 | 2.38625821 GBP |
28 4/7p ordinary | CFD
| Short | 73346 | 2.382 GBP |
28 4/7p ordinary | CFD
| Short | 385808 | 2.3712337 GBP |
28 4/7p ordinary | CFD
| Short | 12500 | 2.405 GBP |
28 4/7p ordinary | CFD
| Short | 176244 | 2.38824 GBP |
28 4/7p ordinary | CFD
| Short | 7306 | 2.405664 GBP |
28 4/7p ordinary | CFD
| Short | 36686 | 2.401559 GBP |
28 4/7p ordinary | CFD
| Short | 950 | 2.379295 GBP |
28 4/7p ordinary | CFD
| Short | 23000 | 2.380522 GBP |
28 4/7p ordinary | CFD
| Short | 288900 | 2.42156791 GBP |
28 4/7p ordinary | CFD
| Short | 5608 | 2.38885877 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 |
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(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) |
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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
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(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: | 14 June 2016 |
| Contact name: | Frankie Cole |
| 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