14th Dec 2017 16:50
AMENDMENT
INCREASED EQUITY PURCHASES BY 3,201,640 TO 14,524,092
ADDED EQUITY SWAP PURCHASES OF 834,952
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: | 08 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 | 14,524,092
4,713,422 | 2.0590
2.0585 | 2.0300
2.0300 |
|
|
(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
| 1,984 1,572 13,247 9,584 260 55,794 11,216 4,303 28,075 301,977 323,267 1,382 59,482 4,215 762,923 214,997 5,250 1,484 834,952 117,473 261,744 5,526 265,200 11,653 2,182 8,471 41,202 10,810 3,684 8,151 15,266 9,204 916 623 109 834,952
4,380 2,249 24,935 368 2,677 17,976 24,806 49 58 2,073 41,980 1,902 7,503 197,204 78,750 235,751 413 60 406 1,897 36,464 11 8,593 23,013 253,750 30,686 4,033 518,269 4,921 69,023 47,201 44,942 2,892 618 | 2.0306 GBP 2.0314 GBP 2.0319 GBP 2.0361 GBP 2.0382 GBP 2.0400 GBP 2.0425 GBP 2.0426 GBP 2.0436 GBP 2.0437 GBP 2.0454 GBP 2.0455 GBP 2.0459 GBP 2.0463 GBP 2.0465 GBP 2.0467 GBP 2.0471 GBP 2.0474 GBP 2.0480 GBP 2.0483 GBP 2.0490 GBP 2.0491 GBP 2.0494 GBP 2.0499 GBP 2.0500 GBP 2.0503 GBP 2.0506 GBP 2.0512 GBP 2.0513 GBP 2.0514 GBP 2.0516 GBP 2.0522 GBP 2.0531 GBP 2.0534 GBP 2.0560 GBP 2.7438 USD
2.0332 GBP 2.0333 GBP 2.0342 GBP 2.0355 GBP 2.0356 GBP 2.0373 GBP 2.0388 GBP 2.0391 GBP 2.0417 GBP 2.0418 GBP 2.0426 GBP 2.0437 GBP 2.0442 GBP 2.0443 GBP 2.0445 GBP 2.0456 GBP 2.0458 GBP 2.0464 GBP 2.0465 GBP 2.0467 GBP 2.0468 GBP 2.0469 GBP 2.0470 GBP 2.0473 GBP 2.0474 GBP 2.0478 GBP 2.0487 GBP 2.0490 GBP 2.0494 GBP 2.0517 GBP 2.0520 GBP 2.0522 GBP 2.0542 GBP 2.0547 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