10th Aug 2017 18:24
AMENDMENT
INCREASED EQUITY SALES BY 208,878 TO 5,128,027
ADDED EQUITY SWAP PURCHASES OF 208,878
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: | 03 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 | 2,514,889
5,128,027 | 1.8066
1.8100 | 1.7800
1.7805 |
|
|
(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
| Long
Short
| 3,416 7,228 2,719 636 122 2,544 208,878 636,388 19,263 2,755 6,376 12,200 33,974 440,027 13,498 10,450 915,334 6,252 1,524 408 13,089 5,364 7,037 389,233 2,397 16,657 12,163 7,447 9,291 9,006 537 62,880 11,040 23,652 9,369 4,253 233,763 39,510 119,745 146,199 14,206 9,512 7,287 23 4,461 2,900 637,798
637,798 4,480 6,000 57,216 127,940 21,978 52,873 44,114 402,716 235,431 1,486 264,278 | 1.7824 GBP 1.7830 GBP 1.7838 GBP 1.7840 GBP 1.7854 GBP 1.7855 GBP 1.7857 GBP 1.7865 GBP 1.7905 GBP 1.7906 GBP 1.7908 GBP 1.7909 GBP 1.7910 GBP 1.7920 GBP 1.7926 GBP 1.7929 GBP 1.7930 GBP 1.7934 GBP 1.7935 GBP 1.7942 GBP 1.7948 GBP 1.7951 GBP 1.7953 GBP 1.7963 GBP 1.7968 GBP 1.7973 GBP 1.7974 GBP 1.7975 GBP 1.7976 GBP 1.7977 GBP 1.7980 GBP 1.7988 GBP 1.7989 GBP 1.7993 GBP 1.7994 GBP 1.7995 GBP 1.7996 GBP 1.7999 GBP 1.8000 GBP 1.8012 GBP 1.8031 GBP 1.8037 GBP 1.8042 GBP 1.8051 GBP 1.8068 GBP 1.8083 GBP 2.3522 USD
1.7820 GBP 1.7851 GBP 1.7856 GBP 1.7875 GBP 1.7893 GBP 1.7922 GBP 1.7945 GBP 1.7962 GBP 1.7991 GBP 1.8000 GBP 1.8001 GBP 1.8017 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: | 10 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