16th Nov 2017 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 | Tesco PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | Booker Group Plc |
(d) Date dealing undertaken: | 15 November 2017 |
(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 Booker 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 (GBP)
| Lowest price per unit paid/received (GBP)
|
Ordinary Shares
| Purchases
Sales | 4,687,156
38,983,849 | 1.8907
1.8910 | 1.8365
1.8350 |
|
|
(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
| Long
Short
| 39,979 15,758 88,551 1,662 9,417 2,225 103,107 2,081 76,199 2,844 546,708 33,517 252,633 70,207 4,045 1,843 38,354 11,119 160,651 93,831 12,775 789,610 44,265 312,961 23,433 688,916 42,385 234,791 23,164 161 14,455 27,267 309 27,719 56,064 35,773 366,730 15,376 100,564 37,864 4,424 49 1,523 33,213,136 111,509 132,478 1,700 5 189 300 10,377 73,379
4,144 139,267 81,400 8,524 236,291 12,659 8,947 173,287 9,632 198 671,277 3,408 25,455 80,310 193,075 27,723 16,118 4,279 16,741 1,700 1,696 13,343 4,425 1,363 3,321 | 1.8364 1.8365 1.8401 1.8424 1.8435 1.8447 1.8454 1.8457 1.8460 1.8465 1.8466 1.8476 1.8485 1.8493 1.8498 1.8500 1.8501 1.8512 1.8530 1.8567 1.8568 1.8582 1.8609 1.8610 1.8621 1.8631 1.8638 1.8641 1.8652 1.8653 1.8654 1.8679 1.8702 1.8703 1.8708 1.8711 1.8712 1.8729 1.8733 1.8749 1.8752 1.8753 1.8774 1.8780 1.8784 1.8785 1.8824 1.8853 1.8854 1.8855 1.8858 1.8887
1.8365 1.8366 1.8380 1.8453 1.8457 1.8480 1.8506 1.8578 1.8637 1.8638 1.8646 1.8690 1.8705 1.8706 1.8719 1.8726 1.8743 1.8780 1.8799 1.8826 1.8831 1.8843 1.8845 1.8871 1.8907 |
(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 | Purchase | 1,000,000 | 1.950 | American | 19/01/2018 | 0.045 |
(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) |
|
(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: | 16 November 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
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:
Tesco