23rd Jun 2017 13:57
AMENDMENT
DECREASED EQUITY PURCHASES BY 6,701,928 TO 8,433,479
ADDED EQUITY SWAP SALES OF 6,701,928
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: | 21 June 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 | 8,433,479
10,691,069 | 1.6880
1.6875 | 1.6707
1.6731 |
|
|
(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
| 63,350 42,512 1,262 8,378 2,671 37,493 208,253 117,451 190,443 21,781 183,328 3,676 11,166 21,671 13,561 79,233 6,935 84,169 86,650 348,212 5,712 9,996 7,112 3,808 6,701,928
735 1,161 9 321,822 9,560 425,000 20,076 3,824 54 7,796 112,436 615,323 6,406 9,638 92,105 8,382 74,811 2,585 11,132 3,925 34 90,681 85,546 15,186 128 2,010 1,476,300 3,395 734 12,970 7,049 966 62,678 348,212 | 1.6731 GBP 1.6748 GBP 1.6750 GBP 1.6770 GBP 1.6779 GBP 1.6781 GBP 1.6786 GBP 1.6787 GBP 1.6789 GBP 1.6791 GBP 1.6793 GBP 1.6795 GBP 1.6797 GBP 1.6798 GBP 1.6800 GBP 1.6802 GBP 1.6805 GBP 1.6807 GBP 1.6808 GBP 1.6810 GBP 1.6813 GBP 1.6816 GBP 1.6821 GBP 1.6825 GBP 2.1261 USD
1.6706 GBP 1.6707 GBP 1.6717 GBP 1.6740 GBP 1.6763 GBP 1.6766 GBP 1.6769 GBP 1.6773 GBP 1.6776 GBP 1.6778 GBP 1.6781 GBP 1.6790 GBP 1.6791 GBP 1.6792 GBP 1.6796 GBP 1.6799 GBP 1.6800 GBP 1.6801 GBP 1.6802 GBP 1.6805 GBP 1.6806 GBP 1.6809 GBP 1.6810 GBP 1.6815 GBP 1.6817 GBP 1.6826 GBP 1.6831 GBP 1.6834 GBP 1.6839 GBP 1.6843 GBP 1.6848 GBP 1.6856 GBP 1.6871 GBP 2.1181 USD |
(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) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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: | 23 June 2017 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
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