11th Aug 2017 11:49
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: | 10 August 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 | 3,106,378
3,368,469 | 1.8040
1.7969 | 1.7590
1.7615 |
|
|
(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 hares | Equity Swaps
Call Option | Long
Short
Long | 30,006 9,955 117 16,457 203,173 34,848 8,268 7,248 20,768 23,105 2,837 47,684 2,707 14,565 9,204 57,255 112,113 5,744 94 295,694 95,695 2,331 22,019 318,011 2,978 6,000 7,420 121 23,305 327,812
6,030 700 156,751 78,421 67,519 636,670 183,116 63,800 6,997 327,812 543
754,761 | 1.7641 GBP 1.7646 GBP 1.7647 GBP 1.7654 GBP 1.7658 GBP 1.7659 GBP 1.7660 GBP 1.7664 GBP 1.7665 GBP 1.7666 GBP 1.7667 GBP 1.7669 GBP 1.7676 GBP 1.7677 GBP 1.7685 GBP 1.7688 GBP 1.7689 GBP 1.7696 GBP 1.7697 GBP 1.7698 GBP 1.7699 GBP 1.7713 GBP 1.7717 GBP 1.7740 GBP 1.7742 GBP 1.7744 GBP 1.7759 GBP 1.7760 GBP 1.7763 GBP 2.3420 USD
1.7623 GBP 1.7675 GBP 1.7676 GBP 1.7687 GBP 1.7692 GBP 1.7700 GBP 1.7705 GBP 1.7841 GBP 1.7849 GBP 1.8015 GBP 1.8034 GBP
0.0177 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 (GBP) | 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 (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: | 11 August 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