2nd Aug 2017 11:43
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: | 01 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 | 1,347,673
3,214,075 | 1.7610
1.7610 | 1.7415
1.7432 |
|
|
(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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short
| 174,601 14,314 17 49,057 85 4,339 611,989 305 1,832 207,585 8,279 11,000 693,189 11,771 1,529 538,026 2,669 49,520 13,476 8,509 3,747 3,198 42,438 5,511 56,195 378,548 14,950
189,551 10,000 77,304 55,230 31,356 42,523 56,739 47,982 54,642 19,264 4,314 66,136 5,465 74,307 76,434 99 16,055 151,000 3,656 1,563 2,771 | 1.7420 GBP 1.7437 GBP 1.7461 GBP 1.7463 GBP 1.7465 GBP 1.7468 GBP 1.7469 GBP 1.7474 GBP 1.7475 GBP 1.7488 GBP 1.7494 GBP 1.7504 GBP 1.7522 GBP 1.7529 GBP 1.7532 GBP 1.7537 GBP 1.7541 GBP 1.7545 GBP 1.7557 GBP 1.7558 GBP 1.7562 GBP 1.7572 GBP 1.7576 GBP 1.7587 GBP 1.7594 GBP 1.7595 GBP 2.2994 USD
1.7420 GBP 1.7455 GBP 1.7463 GBP 1.7478 GBP 1.7495 GBP 1.7498 GBP 1.7504 GBP 1.7505 GBP 1.7506 GBP 1.7512 GBP 1.7533 GBP 1.7539 GBP 1.7545 GBP 1.7556 GBP 1.7582 GBP 1.7586 GBP 1.7588 GBP 1.7591 GBP 1.7593 GBP 1.7595 GBP 1.7596 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: | 02 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