21st Jun 2017 10:58
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: | 20 June 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 | 5,055,855
8,512,253 | 1.7195
1.7330 | 1.6750
1.6750 |
|
|
(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
| 62,650 206,114 496,585 174,200 3,996 957,904 9,432 6,183 343,828 413,923 316,767 403,886 30,397 260,882 2,114 39,726 42,917 1,894 6,821
386 52,507 6,969 2,895 18,023 100,000 21,527 42,913 422,357 10,710 71,249 6,234 288,166 33,660 67,356 52,667 61,161 46,421 18,776 456,319 394,590 1,163 22,524 284 1,502 37,373 1,762 9,009 11,184 400,000 2,700 3,444 1,600 2,307 25 711 1,125 2,149 13 17 1,490 1,196 212 321,822 7 403,886 | 1.6784 GBP 1.6809 GBP 1.6810 GBP 1.6819 GBP 1.6899 GBP 1.6938 GBP 1.6960 GBP 1.6983 GBP 1.6998 GBP 1.7003 GBP 1.7081 GBP 1.7105 GBP 1.7132 GBP 1.7136 GBP 1.7150 GBP 1.7153 GBP 1.7160 GBP 1.7170 GBP 1.7330 GBP
1.6762 GBP 1.6775 GBP 1.6799 GBP 1.6806 GBP 1.6810 GBP 1.6826 GBP 1.6837 GBP 1.6840 GBP 1.6841 GBP 1.6860 GBP 1.6882 GBP 1.6900 GBP 1.6911 GBP 1.6921 GBP 1.6932 GBP 1.6952 GBP 1.6967 GBP 1.6975 GBP 1.6984 GBP 1.6995 GBP 1.7020 GBP 1.7049 GBP 1.7052 GBP 1.7054 GBP 1.7056 GBP 1.7058 GBP 1.7062 GBP 1.7063 GBP 1.7064 GBP 1.7086 GBP 1.7087 GBP 1.7091 GBP 1.7096 GBP 1.7098 GBP 1.7109 GBP 1.7113 GBP 1.7114 GBP 1.7120 GBP 1.7128 GBP 1.7134 GBP 1.7141 GBP 1.7143 GBP 1.7156 GBP 1.7165 GBP 1.7181 GBP 2.1723 USD |
(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: | 21 June 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