25th Apr 2017 17:26
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: | 24 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 | 14,753,696
7,891,811 | 1.7755
1.7775 | 1.7544
1.7540 |
|
|
(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
| 6,161 430,500 85,400 8,210 91,925 5,900 4,661 6,902 640
640 1,824 1,010 669 21,111 5,460 11,513 5,110 1,916 1,913 26,437 100,282 3,807 1,689 16,993 2,537 20,251 25,593 7,228 30,721 2,132 1,229,331 21,811 2,169 26,806 794 31,100 9,293 454,090 679,778 35,043 61,534 31,432 534 15,000 7,554 5,000,000 7,082 11,602 | 1.7636 GBP 1.7654 GBP 1.7662 GBP 1.7665 GBP 1.7669 GBP 1.7670 GBP 1.7694 GBP 1.7705 GBP 2.2246 USD
1.7380 GBP 1.7561 GBP 1.7574 GBP 1.7582 GBP 1.7586 GBP 1.7592 GBP 1.7593 GBP 1.7596 GBP 1.7608 GBP 1.7609 GBP 1.7611 GBP 1.7614 GBP 1.7616 GBP 1.7622 GBP 1.7626 GBP 1.7628 GBP 1.7632 GBP 1.7633 GBP 1.7639 GBP 1.7640 GBP 1.7641 GBP 1.7645 GBP 1.7646 GBP 1.7650 GBP 1.7653 GBP 1.7666 GBP 1.7673 GBP 1.7676 GBP 1.7684 GBP 1.7686 GBP 1.7687 GBP 1.7688 GBP 1.7691 GBP 1.7693 GBP 1.7695 GBP 1.7696 GBP 1.7700 GBP 1.7701 GBP 1.7708 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: | 25 April 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 monitoring@disclosure.org.uk. 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