15th Sep 2017 10:54
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: | 14 September 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 | 5,626,298
8,400,490 | 1.8462
1.8475 | 1.8152
1.8139 |
|
|
(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
Call Option | Long
Short
Long | 550 770,777 22,960 7,847 44,412 301,350 6,040 13,426 51,000 1,146,912 163,138 93,918 80,728 110,831 8,470 30,705 36,072 94,685
94,685 4,164 3,271 10,000 2,500 17 7,830 316,673 1,752 909 67,012 3,361 174 13,752 2,433 20,606 908 40,421 189,627 43,458 445,082 16,454 379 11,957 1,190 671,772 4,376 67,158 30,921 1,943,955 21,185
725,658 | 1.8140 GBP 1.8210 GBP 1.8249 GBP 1.8256 GBP 1.8257 GBP 1.8263 GBP 1.8265 GBP 1.8266 GBP 1.8287 GBP 1.8290 GBP 1.8292 GBP 1.8294 GBP 1.8324 GBP 1.8325 GBP 1.8326 GBP 1.8370 GBP 1.8375 GBP 2.3978 USD
1.8165 GBP 1.8211 GBP 1.8220 GBP 1.8231 GBP 1.8236 GBP 1.8242 GBP 1.8244 GBP 1.8245 GBP 1.8246 GBP 1.8250 GBP 1.8259 GBP 1.8261 GBP 1.8267 GBP 1.8274 GBP 1.8277 GBP 1.8282 GBP 1.8285 GBP 1.8286 GBP 1.8289 GBP 1.8294 GBP 1.8296 GBP 1.8297 GBP 1.8298 GBP 1.8299 GBP 1.8301 GBP 1.8314 GBP 1.8317 GBP 1.8326 GBP 1.8329 GBP 1.8335 GBP 1.8337 GBP
0.0183 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: | 15 September 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