26th Apr 2017 11:44
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: | 25 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 | 6,946,586
7,429,355 | 1.7865
1.7875 | 1.7633
1.7620 |
|
|
(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
| 81,448 215,187 30,727 25,444 221,246 243,716 264,942 44,693 34,200 176,969 12,626 474 476,334 42,934 16,943 13,697 1,792 474
2,680 4,130 243,749 79,342 2,814 282 474 105 96 2,539 7,815 45,859 1,683 3,691 2,530 518 5,045 1,920 11,440 19,243 106 16,088 78,765 3,695 233,643 10,589 158,783 1,492 569 2,167 36,193 62,440 16,003 11,492 20,949 | 1.7680 GBP 1.7704 GBP 1.7717 GBP 1.7742 GBP 1.7745 GBP 1.7752 GBP 1.7757 GBP 1.7764 GBP 1.7765 GBP 1.7767 GBP 1.7769 GBP 1.7770 GBP 1.7772 GBP 1.7778 GBP 1.7782 GBP 1.7795 GBP 1.7850 GBP 2.2473 USD
1.7633 GBP 1.7673 GBP 1.7689 GBP 1.7691 GBP 1.7692 GBP 1.7694 GBP 1.7695 GBP 1.7700 GBP 1.7710 GBP 1.7714 GBP 1.7715 GBP 1.7716 GBP 1.7717 GBP 1.7718 GBP 1.7725 GBP 1.7727 GBP 1.7731 GBP 1.7734 GBP 1.7738 GBP 1.7741 GBP 1.7747 GBP 1.7760 GBP 1.7761 GBP 1.7762 GBP 1.7767 GBP 1.7770 GBP 1.7771 GBP 1.7774 GBP 1.7776 GBP 1.7782 GBP 1.7783 GBP 1.7785 GBP 1.7793 GBP 1.7794 GBP 1.7797 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: | 26 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 [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