14th Dec 2017 16:50
AMENDMENT
INCREASED EQUITY PURCHASES BY 3,605 TO 14,195,857
INCREASED EQUITY SALES BY 102,509 TO 8,702,676
ADDED EQUITY SWAP PURCHASES OF 85,121
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: | 05 December 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 | 14,195,857
8,702,676 | 2.0439
2.0450 | 1.9983
2.0006 |
|
|
(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
| 197,693 9,838 6,025 1,200,000 250,000 80,850 801 110,682 255,964 128,901 3,346 55,664 20,100 250,000 16,946 2,175 238,282 893,700 4,165 134,300 4,976 14,221 1,430 78,500 4,012 4,969 85,121 106,789 70,202 11,071 26,292 15,366 1,744 848,758
205,815 9,466 5,068 11,931 4,227 5,515 16,933 1,141,303 2,242 340,400 17,405 48,968 23,788 19,044 10,032 91,038 8 12,589 5,051 337,999 19,685 3,937 56,124 2,907 770,416 144,411 3,363 13,541 11,562 424,137 90,872 21,749 254,442 406,855 637,619 141,725 85,906 208,560 4,103 2,950,433 4,868 126,388 32,328 106,763 2,965 153,080 26,033 288 1,584 5,953 3,862 66,694 43,145 19,202 2,277 85,458 | 2.0097 GBP 2.0099 GBP 2.0125 GBP 2.0179 GBP 2.0192 GBP 2.0215 GBP 2.0218 GBP 2.0219 GBP 2.0226 GBP 2.0234 GBP 2.0237 GBP 2.0241 GBP 2.0243 GBP 2.0252 GBP 2.0257 GBP 2.0259 GBP 2.0261 GBP 2.0264 GBP 2.0268 GBP 2.0269 GBP 2.0277 GBP 2.0282 GBP 2.0302 GBP 2.0304 GBP 2.0332 GBP 2.0334 GBP 2.0336 GBP 2.0343 GBP 2.0348 GBP 2.0357 GBP 2.0360 GBP 2.0372 GBP 2.0387 GBP 2.7292 USD
2.0101 GBP 2.0102 GBP 2.0140 GBP 2.0146 GBP 2.0151 GBP 2.0155 GBP 2.0167 GBP 2.0182 GBP 2.0189 GBP 2.0190 GBP 2.0193 GBP 2.0199 GBP 2.0200 GBP 2.0201 GBP 2.0202 GBP 2.0208 GBP 2.0216 GBP 2.0217 GBP 2.0218 GBP 2.0219 GBP 2.0222 GBP 2.0225 GBP 2.0226 GBP 2.0229 GBP 2.0230 GBP 2.0234 GBP 2.0235 GBP 2.0239 GBP 2.0241 GBP 2.0245 GBP 2.0253 GBP 2.0256 GBP 2.0259 GBP 2.0260 GBP 2.0261 GBP 2.0264 GBP 2.0265 GBP 2.0272 GBP 2.0273 GBP 2.0275 GBP 2.0277 GBP 2.0280 GBP 2.0281 GBP 2.0284 GBP 2.0285 GBP 2.0292 GBP 2.0294 GBP 2.0295 GBP 2.0296 GBP 2.0310 GBP 2.0311 GBP 2.0313 GBP 2.0314 GBP 2.0316 GBP 2.0363 GBP 2.0406 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: | 14 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