13th Oct 2015 11:53
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: | 12 October 2015 |
(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 | 3,258,505
3,136,885 | 37.3650
38.0000 | 35.6900
35.6800 |
(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 (GBP)
|
Ordinary Shares | Equity Swaps
Future
| Long
Short
Long
| 18,261 15,000 22,100 1,943 6,264 48,195 20,503 2,992 53,260 25,000 264 20 174 47 90 21 15,256 497
2,832 2,703 16,813 5,823 57,575 10,000 10,187 35,000 10,000 8,840 2,935 20,000 572
136,700 | 36.2107 36.2874 36.3662 36.6213 36.7807 36.8681 36.9994 37.0150 37.0186 37.0639 37.0700 37.0716 37.0745 37.0938 37.0963 37.1063 37.1239 37.9905
35.9948 36.2177 36.2183 36.6286 36.6953 36.8184 36.8695 36.9610 36.9741 37.0151 37.0175 37.0185 37.0611
768.0000 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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary Shares | Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option
| Selling Selling Selling Selling Selling Selling Selling Selling Selling Selling Selling Purchasing Purchasing Purchasing Purchasing Purchasing Purchasing Purchasing Purchasing Purchasing Purchasing Selling
| 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 17,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 85,000
| 42.0810 42.0810 42.0810 42.0810 42.0810 42.0810 42.0810 42.0810 42.0810 42.0810 38.0000 30.7515 30.7515 30.7515 30.7515 30.7515 30.7515 30.7515 30.7515 30.7515 30.7515 34.0000
| American American American American American American American American American American American American American American American American American American American American American American
| 14/10/15 15/10/15 16/10/15 19/10/15 20/10/15 21/10/15 22/10/15 23/10/15 26/10/15 27/10/15 18/12/15 14/10/15 15/10/15 16/10/15 19/10/15 20/10/15 21/10/15 22/10/15 23/10/15 26/10/15 27/10/15 18/12/15
| 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.60 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (ZAR) |
Ordinary Shares |
(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: | 13 October 2015 |
| 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