1st Mar 2018 10:28
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: | 28 February 2018 |
(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
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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 | 19,810,692
12,842,037 | 2.1470
2.1470 | 2.0571
2.0570 |
(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
| 11,372 33,451 1,030 651,913 761 378 38,636 23,854 122,710 944,598 233,478 26,069 500,000 115,001 9,441 6,413 49,338 1,801 15,618 39,454 91 1,565 1,666 122,200 2,142 1,696 3,718
5,356 468 777 3,240 92,212 107 433 1,646 4,577 63,957 883 24,391 4,489 97,789 35,185 168,962 2,139 231,850 81,819 295,726 137,270 45,244 113,748 1,193 48,246 941,357 184,766 1,532 14,369 975,272 280,073 53,306 27,286 11,503 247,796 500,000 97,052 13,592 1,000,000 7,032 94,787 6,782 5,966 15,594 1,285 832,266 75,100 1,062,734 | 2.0650 2.0839 2.1078 2.1080 2.1137 2.1159 2.1171 2.1181 2.1200 2.1207 2.1211 2.1218 2.1219 2.1227 2.1247 2.1248 2.1249 2.1258 2.1260 2.1264 2.1270 2.1276 2.1305 2.1370 2.1415 2.1439 2.1469
2.0610 2.0653 2.0705 2.0746 2.0750 2.0761 2.0824 2.0844 2.0880 2.0882 2.0897 2.0909 2.0920 2.1009 2.1032 2.1041 2.1045 2.1047 2.1048 2.1068 2.1080 2.1086 2.1102 2.1123 2.1151 2.1159 2.1165 2.1166 2.1169 2.1170 2.1191 2.1195 2.1197 2.1203 2.1211 2.1218 2.1221 2.1232 2.1238 2.1256 2.1259 2.1262 2.1284 2.1305 2.1415 2.1428 2.1444 2.1451 |
(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) |
(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) |
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3. OTHER INFORMATION
(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
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(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
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Date of disclosure: | 01 March 2018 |
Contact name: | Alwyn Basch |
Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 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