8th Dec 2017 15:28
AMENDMENT
INCREASED EQUITY PURCHASES BY 754,306 TO 12,179,791
ADDED EQUITY SWAP SALES OF 647,614
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: | 30 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 | 12,179,791
6,540,769 | 1.9836
1.9875 | 1.9405
1.9395 |
|
|
(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 Shares
| Equity Swaps
Call Option | Long
Short
Long | 142,016 107,182 65,850 167,922 172,422 154,921 598,395 10,647 37,806 47,026 43,469 151,038 160,782 415,567 643,570 756 813 9,245 9,100 1,036 1,696 2,139 12,218 11,411 25,237 14,738 1,427 8,081 2,086 15,623 16,649 4,757 1,468 155,895
217,114 30,010 155,687 4,969 48 22 9,154 766 1,218 51 214,669 346,492 1,632 2,000 103,178 815,052 26,108 66,039 165 5,510 8,750 20,337 11,369 316,756 34,534 5,311 12,412 3,610 21,880 47,610 468 11,650 37,038 294,832 430,500 158,378 19,908 31,791 455 15,911 25,366 5,120 8,000 1,110 14,473 298,912 4,766 6,040 9,521 11,507 10,530 2,060 3,011
3,471,183 | 1.9404 GBP 1.9436 GBP 1.9443 GBP 1.9483 GBP 1.9576 GBP 1.9591 GBP 1.9609 GBP 1.9640 GBP 1.9641 GBP 1.9646 GBP 1.9650 GBP 1.9652 GBP 1.9654 GBP 1.9674 GBP 1.9695 GBP 1.9697 GBP 1.9704 GBP 1.9709 GBP 1.9711 GBP 1.9712 GBP 1.9730 GBP 1.9738 GBP 1.9759 GBP 1.9764 GBP 1.9774 GBP 1.9781 GBP 1.9784 GBP 1.9791 GBP 1.9811 GBP 1.9823 GBP 1.9834 GBP 1.9839 GBP 1.9842 GBP 2.6516 USD
1.9405 GBP 1.9406 GBP 1.9413 GBP 1.9425 GBP 1.9436 GBP 1.9479 GBP 1.9481 GBP 1.9482 GBP 1.9484 GBP 1.9506 GBP 1.9507 GBP 1.9508 GBP 1.9546 GBP 1.9551 GBP 1.9593 GBP 1.9611 GBP 1.9616 GBP 1.9625 GBP 1.9632 GBP 1.9633 GBP 1.9634 GBP 1.9640 GBP 1.9646 GBP 1.9649 GBP 1.9650 GBP 1.9653 GBP 1.9656 GBP 1.9662 GBP 1.9668 GBP 1.9679 GBP 1.9683 GBP 1.9686 GBP 1.9687 GBP 1.9692 GBP 1.9693 GBP 1.9694 GBP 1.9695 GBP 1.9697 GBP 1.9705 GBP 1.9706 GBP 1.9707 GBP 1.9711 GBP 1.9712 GBP 1.9715 GBP 1.9720 GBP 1.9724 GBP 1.9756 GBP 1.9766 GBP 1.9767 GBP 1.9771 GBP 1.9798 GBP 1.9827 GBP 1.9836 GBP
0.0330 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 (GBP) |
(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: | 08 December 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