6th Oct 2017 18:07
AMENDMENT
INCREASED EQUITY PURCHASES BY 13,561 TO 19,931,622
INCREASED EQUITY SALES BY 100,251 TO 23,242,594
ADDED EQUITY SWAP PURCHASES OF 100,251
ADDED EQUITY SWAP SALES OF 13,561
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: | 04 October 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 | 19,931,622
23,242,594 | 1.9410
1.9370 | 1.8255
1.8255 |
|
|
(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
| 839 8,583 1,736 6,166 1,712 8,100 343,918 345,417 68,032 2,175 6,152 590,968 330,073 153,775 25,980 137,612 11,283 100,251 16,782 113,981 27,512 3,270,915 712,569 160 280,622 70,863 29,522 69,018 4,893 130,181 53,089 1,357,425 3,464 6,912 17,043 2,426,885 309,037 64,299 800,000 5,576 10,420 198,448
13,561 10,837 47,837 2,001 183,163 1,111,710 3,706 9,953 2,347,920 8,701 55,811 11,220 38,823 3,087 733,234 300,000 172,200 500,000 | 1.8285 1.8289 1.8325 1.8328 1.8338 1.8378 1.8393 1.8394 1.8395 1.8409 1.8419 1.8468 1.8469 1.8510 1.8511 1.8521 1.8549 1.8566 1.8573 1.8585 1.8590 1.8598 1.8605 1.8633 1.8658 1.8669 1.8676 1.8689 1.8706 1.8714 1.8719 1.8720 1.8731 1.8790 1.8804 1.8806 1.8811 1.8818 1.8912 1.8934 1.8954 1.9293
1.8371 1.8396 1.8452 1.8621 1.8672 1.8701 1.8712 1.8721 1.8762 1.8788 1.8793 1.8822 1.8848 1.9006 1.9210 1.9321 1.9342 1.9410 |
(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: | 06 October 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