15th Sep 2017 17:01
AMENDMENT
INCREASED EQUITY SALES BY 633,346 TO 6,876,535
ADDED EQUITY SWAP PURCHASES OF 633,346
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: | 13 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 | 7,242,831
6,876,535 | 1.8280
1.8250 | 1.8095
1.8100 |
|
|
(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
| 5,258 100,000 3,800,075 187,361 13,909 36,758 33,044 925 633,980 633 33,600 633,346 5,068,034
180,284 1,275 5,445 96,679 151,720 107,056 9,585 181,276 10,045 284,022 3,516 62,120 56,370 127,698 200,211 420,721 242,270 5,944 111,013 50,228 3,151 58,524 1,394 23,209 578 15,550 14,897 63,061 14,128 7,138 169 5,068,034 | 1.8129 GBP 1.8154 GBP 1.8155 GBP 1.8162 GBP 1.8164 GBP 1.8165 GBP 1.8167 GBP 1.8169 GBP 1.8170 GBP 1.8176 GBP 1.8224 GBP 1.8245 GBP 2.4612 USD
1.8146 GBP 1.8151 GBP 1.8154 GBP 1.8158 GBP 1.8163 GBP 1.8167 GBP 1.8169 GBP 1.8170 GBP 1.8171 GBP 1.8172 GBP 1.8173 GBP 1.8174 GBP 1.8175 GBP 1.8177 GBP 1.8178 GBP 1.8181 GBP 1.8184 GBP 1.8186 GBP 1.8188 GBP 1.8191 GBP 1.8198 GBP 1.8201 GBP 1.8202 GBP 1.8203 GBP 1.8204 GBP 1.8205 GBP 1.8206 GBP 1.8207 GBP 1.8208 GBP 1.8227 GBP 1.8229 GBP 1.8505 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: | 15 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