3rd Aug 2017 11:49
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: | 02 August 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 | 1,767,263
5,799,053 | 1.7833
1.7835 | 1.7615
1.7626 |
|
|
(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
| 731 12,684 2,544 3,720 160 3,993 2,655 27,150 29,930 15,119 440,027 197,601 12,843 58,566 51,600 5,158 8,167 25,542 1,735,838 748,000 93,878 3,744 719,953 6,966 5,817 5,121 503 412 166,990 16,096 1,222 9,512 14,908 249,709 6,993 163,322 40,738 2,031 640,474
640,474 8,372 53,989 10,226 6,209 33,258 52,962 24,159 54,875 153,036 57,990 2,446 3,203 3,154 188,486 3,017 | 1.7657 GBP 1.7665 GBP 1.7672 GBP 1.7680 GBP 1.7690 GBP 1.7691 GBP 1.7707 GBP 1.7721 GBP 1.7724 GBP 1.7726 GBP 1.7731 GBP 1.7734 GBP 1.7735 GBP 1.7744 GBP 1.7746 GBP 1.7750 GBP 1.7761 GBP 1.7764 GBP 1.7770 GBP 1.7781 GBP 1.7782 GBP 1.7783 GBP 1.7785 GBP 1.7790 GBP 1.7794 GBP 1.7797 GBP 1.7800 GBP 1.7803 GBP 1.7805 GBP 1.7806 GBP 1.7808 GBP 1.7809 GBP 1.7812 GBP 1.7815 GBP 1.7816 GBP 1.7820 GBP 1.7822 GBP 1.7828 GBP 2.3050 USD
1.7595 GBP 1.7671 GBP 1.7676 GBP 1.7686 GBP 1.7696 GBP 1.7720 GBP 1.7723 GBP 1.7727 GBP 1.7728 GBP 1.7758 GBP 1.7763 GBP 1.7768 GBP 1.7776 GBP 1.7796 GBP 1.7820 GBP 1.7821 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 |
(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: | 03 August 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