8th May 2017 16:11
AMENDMENT
INCREASED EQUITY PURCHASES BY 1,020,000 TO 12,366,301
INCREASED EQUITY SALES BY 1,020,000 TO 4,678,279
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: | 20 April 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 | 12,366,301
4,678,279 | 1.7600
1.7615 | 1.7315
1.7318 |
|
|
(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
| 1,976 8,476 195,445 2,663 26,532 52,000 24,424 60,922 536,111 2,240 51,070 14,755 101,028 57 170,446
725 2,767 56 2,250 8,426 19,144 706 3,842 71,861 114,682 17,250 2,071 3,937 34,109 4,274 16,955 1,836 16,162 65,777 6,202 43,191 263,400 131,320 751 9,963 393,419 660,125 141,781 13,482 10,634 36,714 77,387 46,940 1,741,337 7,537 217,805 3,500,000 1,800,000 6,144 170,446 | 1.7385 GBP 1.7391 GBP 1.7395 GBP 1.7398 GBP 1.7401 GBP 1.7411 GBP 1.7415 GBP 1.7417 GBP 1.7419 GBP 1.7420 GBP 1.7421 GBP 1.7427 GBP 1.7430 GBP 1.7597 GBP 2.2301 USD
1.7320 GBP 1.7326 GBP 1.7338 GBP 1.7341 GBP 1.7346 GBP 1.7353 GBP 1.7360 GBP 1.7365 GBP 1.7368 GBP 1.7371 GBP 1.7372 GBP 1.7376 GBP 1.7378 GBP 1.7382 GBP 1.7385 GBP 1.7393 GBP 1.7405 GBP 1.7406 GBP 1.7411 GBP 1.7414 GBP 1.7415 GBP 1.7416 GBP 1.7418 GBP 1.7419 GBP 1.7420 GBP 1.7421 GBP 1.7422 GBP 1.7424 GBP 1.7425 GBP 1.7427 GBP 1.7429 GBP 1.7430 GBP 1.7435 GBP 1.7437 GBP 1.7438 GBP 1.7440 GBP 1.7450 GBP 1.7457 GBP 1.7499 GBP 1.7560 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) |
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: | 08 May 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