4th May 2017 11:48
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: | 03 May 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 | 19,920,560
6,375,877 | 1.8485
1.8500 | 1.7615
1.7625 |
|
|
(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
| 1,936 243,320 295,285 65 61,478 49,899 12,087 151,631 9,497 17,082 101,505 409,292 8,393 12,906 6,158 3,026 7,522 6,570 7,086 2,304 781 1,744 6,225 867 1,110 898 1,527
18 83,109 219,305 689 382,475 194,392 1,100,194 833,176 65,529 142,281 506,355 77,590 1,588 5,436 87,664 9,505 165,598 56,378 11,702 1,884 14,746 94,680 48,374 438,614 319,028 19,363 50,818 162,435 21,389 76,843 240,692 3,623,023 70,027 89,282 280,770 26,884 145,441 6,902 1,917 2,234 3,044 394,834 955 24,007 66,577 206,869 1,180 17,898 3,260 289,719 161,976 500,056 41,320 15,596 58,596 395,847 15,000 400,000 1,249,343 141,586 630,431 93,521 48,211 39,092 13,368 8,912 | 1.7658 1.7674 1.7678 1.7695 1.7727 1.7752 1.7765 1.7786 1.7796 1.7801 1.7832 1.7855 1.7900 1.7908 1.7921 1.7961 1.8152 1.8188 1.8307 1.8316 1.8332 1.8345 1.8357 1.8358 1.8367 1.8419 1.8421
1.7615 1.7646 1.7655 1.7656 1.7659 1.7665 1.7673 1.7675 1.7676 1.7677 1.7679 1.7684 1.7686 1.7706 1.7713 1.7723 1.7727 1.7732 1.7734 1.7746 1.7751 1.7757 1.7813 1.7839 1.7840 1.7857 1.7866 1.7867 1.7868 1.7870 1.7871 1.7916 1.7958 1.7960 1.7995 1.8048 1.8108 1.8116 1.8132 1.8137 1.8143 1.8156 1.8157 1.8176 1.8194 1.8199 1.8212 1.8220 1.8222 1.8243 1.8302 1.8306 1.8329 1.8336 1.8340 1.8344 1.8351 1.8353 1.8356 1.8359 1.8373 1.8382 1.8403 1.8409 1.8411 1.8416 |
(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: | 04 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