18th Sep 2015 11:15
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: | Morgan Stanley & Co. International 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: | 17 SEPTEMBER 2015 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 |
USD 0.10 ordinary | PURCHASES | 2,748,019 | 36.6250 GBP | 35.9350 GBP |
USD 0.10 ordinary | SALES | 7,585,807 | 36.6500 GBP | 35.9400 GBP |
USD 0.10 ordinary | PURCHASES | 134,200 | 756.0000 ZAR | 660.0000 ZAR |
USD 0.10 ordinary | SALES | 11,696 | 756.0000 ZAR | 756.0000 ZAR |
(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 |
USD 0.10 ordinary | CFD | LONG | 5,502 | 35.9576 GBP |
USD 0.10 ordinary | CFD | LONG | 3,428 | 35.9576 GBP |
USD 0.10 ordinary | CFD | LONG | 794 | 35.9576 GBP |
USD 0.10 ordinary | CFD | LONG | 623 | 35.9576 GBP |
USD 0.10 ordinary | CFD | LONG | 38 | 35.9597 GBP |
USD 0.10 ordinary | CFD | LONG | 50 | 35.9598 GBP |
USD 0.10 ordinary | CFD | LONG | 89 | 35.9598 GBP |
USD 0.10 ordinary | CFD | LONG | 92 | 35.9598 GBP |
USD 0.10 ordinary | CFD | LONG | 6 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 25 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 3 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 3 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 8 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 311 | 35.9600 GBP |
USD 0.10 ordinary | CFD | LONG | 365 | 35.9607 GBP |
USD 0.10 ordinary | CFD | LONG | 15 | 35.9646 GBP |
USD 0.10 ordinary | CFD | LONG | 117 | 35.9650 GBP |
USD 0.10 ordinary | CFD | LONG | 7,228 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 10,727 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 2,985 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 1,223 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 3,059 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 323 | 36.0025 GBP |
USD 0.10 ordinary | CFD | LONG | 13,750 | 36.1340 GBP |
USD 0.10 ordinary | CFD | LONG | 1,014 | 36.1408 GBP |
USD 0.10 ordinary | CFD | LONG | 70 | 36.1450 GBP |
USD 0.10 ordinary | CFD | LONG | 70 | 36.1500 GBP |
USD 0.10 ordinary | CFD | LONG | 1,600 | 36.1500 GBP |
USD 0.10 ordinary | CFD | LONG | 1,600 | 36.1508 GBP |
USD 0.10 ordinary | CFD | LONG | 3,047 | 36.1663 GBP |
USD 0.10 ordinary | CFD | LONG | 760 | 36.1777 GBP |
USD 0.10 ordinary | CFD | LONG | 510 | 36.1777 GBP |
USD 0.10 ordinary | CFD | LONG | 1,050 | 36.1777 GBP |
USD 0.10 ordinary | CFD | LONG | 323 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 3,059 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 1,223 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 2,984 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 10,728 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 7,228 | 36.1874 GBP |
USD 0.10 ordinary | CFD | LONG | 23,400 | 36.1977 GBP |
USD 0.10 ordinary | CFD | LONG | 55,171 | 36.2000 GBP |
USD 0.10 ordinary | CFD | LONG | 3,230 | 36.2000 GBP |
USD 0.10 ordinary | CFD | LONG | 3,886 | 36.2032 GBP |
USD 0.10 ordinary | CFD | LONG | 73,690 | 36.2032 GBP |
USD 0.10 ordinary | CFD | LONG | 12,849 | 36.2032 GBP |
USD 0.10 ordinary | CFD | LONG | 3,520 | 36.2045 GBP |
USD 0.10 ordinary | CFD | LONG | 78,688 | 36.2123 GBP |
USD 0.10 ordinary | CFD | LONG | 6,119 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 648 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 5,970 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 21,448 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 14,453 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 2,450 | 36.2199 GBP |
USD 0.10 ordinary | CFD | LONG | 547 | 36.2200 GBP |
USD 0.10 ordinary | CFD | LONG | 3 | 36.2300 GBP |
USD 0.10 ordinary | CFD | LONG | 442 | 36.2361 GBP |
USD 0.10 ordinary | CFD | LONG | 251 | 36.2459 GBP |
USD 0.10 ordinary | CFD | LONG | 2,565 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 13,324 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 11,766 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 1,876 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 1,371 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 14,517 | 36.2692 GBP |
USD 0.10 ordinary | CFD | LONG | 61,955 | 36.2751 GBP |
USD 0.10 ordinary | CFD | LONG | 40 | 36.3500 GBP |
USD 0.10 ordinary | CFD | SHORT | 303 | 35.9892 GBP |
USD 0.10 ordinary | CFD | SHORT | 21 | 35.9895 GBP |
USD 0.10 ordinary | CFD | SHORT | 2 | 35.9900 GBP |
USD 0.10 ordinary | CFD | SHORT | 3 | 35.9900 GBP |
USD 0.10 ordinary | CFD | SHORT | 3,347 | 36.0130 GBP |
USD 0.10 ordinary | CFD | SHORT | 69,500 | 36.0350 GBP |
USD 0.10 ordinary | CFD | SHORT | 150 | 36.0447 GBP |
USD 0.10 ordinary | CFD | SHORT | 9,442 | 36.0808 GBP |
USD 0.10 ordinary | CFD | SHORT | 28,047 | 36.1545 GBP |
USD 0.10 ordinary | CFD | SHORT | 13,750 | 36.1682 GBP |
USD 0.10 ordinary | CFD | SHORT | 51,783 | 36.1800 GBP |
USD 0.10 ordinary | CFD | SHORT | 45,538 | 36.1800 GBP |
USD 0.10 ordinary | CFD | SHORT | 3,884 | 36.1800 GBP |
USD 0.10 ordinary | CFD | SHORT | 15,572 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,470 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,013 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 14,292 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 12,621 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,751 | 36.1806 GBP |
USD 0.10 ordinary | CFD | SHORT | 79,101 | 36.1888 GBP |
USD 0.10 ordinary | CFD | SHORT | 997 | 36.1996 GBP |
USD 0.10 ordinary | CFD | SHORT | 40 | 36.2000 GBP |
USD 0.10 ordinary | CFD | SHORT | 212 | 36.2000 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,001 | 36.2000 GBP |
USD 0.10 ordinary | CFD | SHORT | 597 | 36.2000 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,914 | 36.2000 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,601 | 36.2012 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,354 | 36.2032 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,874 | 36.2077 GBP |
USD 0.10 ordinary | CFD | SHORT | 6,426 | 36.2103 GBP |
USD 0.10 ordinary | CFD | SHORT | 7,031 | 36.2147 GBP |
USD 0.10 ordinary | CFD | SHORT | 869 | 36.2147 GBP |
USD 0.10 ordinary | CFD | SHORT | 13,826 | 36.2169 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,859 | 36.2214 GBP |
USD 0.10 ordinary | CFD | SHORT | 5,000 | 36.2272 GBP |
USD 0.10 ordinary | CFD | SHORT | 777 | 36.2523 GBP |
USD 0.10 ordinary | CFD | SHORT | 10,357 | 36.2523 GBP |
USD 0.10 ordinary | CFD | SHORT | 9,108 | 36.2523 GBP |
USD 0.10 ordinary | CFD | SHORT | 3,254 | 36.2562 GBP |
USD 0.10 ordinary | CFD | SHORT | 12,205 | 36.2562 GBP |
USD 0.10 ordinary | CFD | SHORT | 23,400 | 36.2969 GBP |
USD 0.10 ordinary | CFD | SHORT | 190 | 36.3900 GBP |
USD 0.10 ordinary | CFD | SHORT | 190 | 36.3950 GBP |
USD 0.10 ordinary | CFD | SHORT | 4,400 | 36.4354 GBP |
USD 0.10 ordinary | CFD | SHORT | 4,400 | 36.4374 GBP |
USD 0.10 ordinary | CFD | LONG | 82,173 | 750.5428 ZAR |
USD 0.10 ordinary | CFD | LONG | 75,426 | 753.2967 ZAR |
USD 0.10 ordinary | CFD | LONG | 91,800 | 753.2967 ZAR |
USD 0.10 ordinary | CFD | SHORT | 81,646 | 750.2942 ZAR |
USD 0.10 ordinary | CFD | SHORT | 5,899 | 753.5014 ZAR |
USD 0.10 ordinary | CFD | SHORT | 39,275 | 756.0000 ZAR |
(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 |
USD 0.10 ordinary | CALL | PURCHASE | 4,250,000 | 3,620.0000 | E | 18/12/2015 | 0.0000 GBP |
USD 0.10 ordinary | CALL | PURCHASE | 4,250,000 | 0.0100 | E | 18/12/2015 | 0.0000 GBP |
USD 0.10 ordinary | CALL | PURCHASE | 8,000 | 4,200.0000 | A | 16/10/2015 | 270.0000 GBP |
USD 0.10 ordinary | PUT | SALE | 4,250,000 | 3,620.0000 | E | 18/12/2015 | 0.0000 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 16/10/2015 | 0.1150 GBP |
USD 0.10 ordinary | CALL | SALE | 11,000 | 4,200.0000 | A | 16/10/2015 | 0.2700 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 20/11/2015 | 0.4000 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 20/11/2015 | 0.5200 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 18/12/2015 | 0.5600 GBP |
USD 0.10 ordinary | PUT | SALE | 8,000 | 3,500.0000 | A | 16/10/2015 | 1,125.0000 GBP |
USD 0.10 ordinary | CALL | SALE | 1,596 | 660.0000 | A | 17/09/2015 | 0.0000 ZAR |
USD 0.10 ordinary | CALL | SALE | 200 | 708.0300 | A | 17/09/2015 | 0.0000 ZAR |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
ADRs | PUT | 200 | 645.7400 ZAR |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 18 SEPTEMBER 2015 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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