8th Feb 2018 14:47
AMENDMENT
INCREASED EQUITY SALES BY 1,006,337 TO 7,415,178
ADDED EQUITY SWAP PURCHASES OF 2,674,009
ADDED EQUITY SWAP SALES OF 10,417
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: | 09 January 2018 |
(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 | 11,755,339
7,415,178 | 2.1672
2.1640 | 2.1000
2.1010 |
|
|
(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
| 34,829 153 413 102,755 12,039 22,100 23,005 6,333 156,630 6,133 231,763 102,694 749,000 122,378 591,736 25,938 60,061 91,242 4,504 34,238 3,979 796,327 210,010 244,180 3,008 25,814 89,318 1,318 70,207 3,187 818 298 91,986 92,283 82,418 12,380 412,789 3,024 3,970 158,100 75,705 264,464 39,774 611 15,987
6,079 40,803 8,764 6,571 700,000 41,467 400,000 26,128 52,878 62,042 805,384 236,896 55,100 28,841 700,000 10,396 96,216 2,833 10,417 1,000,000 350,000 1,861 38,416 34 611 476 296 114 | 2.1045 2.1088 2.1089 2.1180 2.1206 2.1223 2.1242 2.1245 2.1246 2.1250 2.1259 2.1275 2.1281 2.1282 2.1288 2.1292 2.1293 2.1295 2.1296 2.1303 2.1304 2.1309 2.1310 2.1318 2.1324 2.1325 2.1341 2.1342 2.1344 2.1348 2.1351 2.1352 2.1355 2.1361 2.1365 2.1368 2.1381 2.1384 2.1385 2.1389 2.1405 2.1438 2.1439 2.1505 2.1591
2.1073 2.1119 2.1158 2.1174 2.1183 2.1194 2.1206 2.1210 2.1213 2.1218 2.1240 2.1252 2.1262 2.1287 2.1339 2.1348 2.1355 2.1382 2.1400 2.1412 2.1430 2.1440 2.1442 2.1482 2.1505 2.1617 2.1631 2.1672 |
(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) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares | Call Option | Exercising | 5,221,038 | 1.96 |
(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: | 08 February 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
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