14th Sep 2017 17:11
AMENDMENT
INCREASED EQUITY PURCHASES BY 70,810 TO 3,304,431
ADDED EQUITY SWAP SALES OF 70,810
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: | 12 September 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 | 3,304,431
3,578,683 | 1.8795
1.8784 | 1.8505
1.8504 |
|
|
(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
| 3,805 49,422 50,000 204,192 1,266,692 6,709 20,696 1,583 15,268 1,708 1,268,275
12,338 9,797 155,300 275,074 327,458 3,907 44 4,300 8,140 41,259 70,810 51,410 58,076 18,334 8,694 22,419 59,792 1,268,275 54,914 45,205 12,638 59,846 67,832 11,068 25,307 6,577 2,492 1,974 | 1.8504 GBP 1.8505 GBP 1.8560 GBP 1.8564 GBP 1.8575 GBP 1.8594 GBP 1.8624 GBP 1.8652 GBP 1.8750 GBP 1.8754 GBP 2.4572 USD
1.8506 GBP 1.8527 GBP 1.8538 GBP 1.8545 GBP 1.8560 GBP 1.8566 GBP 1.8571 GBP 1.8577 GBP 1.8582 GBP 1.8585 GBP 1.8592 GBP 1.8593 GBP 1.8594 GBP 1.8598 GBP 1.8601 GBP 1.8603 GBP 1.8604 GBP 1.8615 GBP 1.8617 GBP 1.8619 GBP 1.8623 GBP 1.8640 GBP 1.8649 GBP 1.8678 GBP 1.8701 GBP 1.8718 GBP 1.8751 GBP 1.8769 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: | 14 September 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