28th Jul 2016 11:12
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: | J.P. Morgan Securities plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | SABMiller Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | SABMiller Plc |
(d) Date dealing undertaken: | 27 July 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 Anheuser-Busch InBev SA/NV |
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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 9,667,520
3,980,996 | 44.0850
44.0500 | 43.1021
43.0900 |
(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
|
Ordinary Shares | Equity Swaps
| Long
Short | 25,000 1,693 5,674 50,000 20,930 100,000 940,159 212,948 212,948 250,000 620 87,100 243,000 33,831 4,904 3,781
74 21 36 35 9 28 14,088 127 31 443,000 1,740 251 34,077 17,659 1,236 2,982 60,000 3,063 112 62 1,757,052 1,239 233,843 897 5,195 1,591 287 3,135 59,266 115 9 5,827 1,194,800 37 81 493 54 90 268 229 729 1,100,000 800,000 361 62 182 33,831 60 54 28 301 1,932,240 208,482 4,904 | 43.3153 GBP 43.3775 GBP 43.4000 GBP 43.4783 GBP 43.5356 GBP 43.6163 GBP 43.6992 GBP 43.7227 GBP 43.7562 GBP 43.7912 GBP 43.7987 GBP 43.8077 GBP 43.8131 GBP 43.8975 GBP 44.1000 GBP 56.9112 USD
43.2813 GBP 43.3208 GBP 43.3231 GBP 43.3348 GBP 43.3424 GBP 43.3427 GBP 43.3468 GBP 43.3494 GBP 43.3563 GBP 43.3614 GBP 43.3775 GBP 43.4030 GBP 43.4315 GBP 43.4526 GBP 43.4582 GBP 43.4783 GBP 43.5026 GBP 43.5385 GBP 43.5390 GBP 43.5973 GBP 43.6200 GBP 43.6207 GBP 43.6566 GBP 43.6691 GBP 43.6737 GBP 43.6920 GBP 43.7291 GBP 43.7387 GBP 43.7396 GBP 43.7494 GBP 43.7498 GBP 43.7547 GBP 43.7678 GBP 43.7680 GBP 43.7689 GBP 43.7804 GBP 43.7860 GBP 43.7902 GBP 43.7903 GBP 43.8047 GBP 43.8059 GBP 43.8127 GBP 43.8163 GBP 43.8170 GBP 43.8323 GBP 43.8761 GBP 43.8975 GBP 43.9176 GBP 43.9415 GBP 43.9694 GBP 43.9713 GBP 44.0500 GBP 44.1161 GBP 57.7622 USD |
(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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) | |
(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) (GBP) |
|
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: | 28 July 2016 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
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:
SAB.L