6th Dec 2017 17:58
AMENDMENT
DECREASED EQUITY SALES BY 861,000 TO 3,518,878
ADDED EQUITY SWAP PURCHASES OF 1,668
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: | 27 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 | 6,726,453
3,518,878 | 1.9301
1.9305 | 1.9045
1.9048 |
|
|
(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
| 1,668 2,154 2,998 173,212 21,590 7,290 257,036 31,621 1,675 18,649 4,742 3,188 179,047 4,127 4,991 79,903 303,331 22,504 88,107 14,665 14,570 39,054 9,899 5,061 250,472 7,339 94,453 74,490 1,897
32,931 1,267 475,133 6 100,739 411 262 144 70 328 2,018 214,170 2,914 12,389 53,654 48,849 163 19,133 248,719 996 14 17,365 20,614 83,067 33,385 1,000 907 8,446 194,550 1,286 425 | 1.9079 1.9086 1.9130 1.9136 1.9154 1.9176 1.9178 1.9187 1.9200 1.9201 1.9204 1.9205 1.9206 1.9209 1.9216 1.9218 1.9230 1.9234 1.9243 1.9260 1.9265 1.9267 1.9270 1.9277 1.9278 1.9279 1.9284 1.9285 1.9287
1.9063 1.9072 1.9088 1.9094 1.9109 1.9132 1.9133 1.9163 1.9164 1.9176 1.9177 1.9178 1.9180 1.9181 1.9188 1.9193 1.9207 1.9208 1.9210 1.9217 1.9219 1.9220 1.9223 1.9226 1.9228 1.9246 1.9250 1.9267 1.9270 1.9286 1.9287 |
(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 | 3,599,407 | 1.86 |
(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: | 06 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