13th Apr 2017 11:35
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: | 12 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 | 25,910,137
20,085,979 | 1.9769
1.9450 | 1.8393
1.8400 |
|
|
(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
| 169,086 127,320 100,000 427,642 4,107 265,300 240,000 126,167 812,631 43,035 532,434 2,781 157,974 24,973 115,947 369,891 10,699 3,536 245,961 13,651 298,698 31,754 232,986 158,258 7,712 11,196 52,227 46,029 133,746 3,609,610 92,532 12,564 6,326 30,828 27,357 21,358 20,858 15,040 382 7,772 13,756 6,570 13,625 4,769 6,768 67,335 960 892 731 4,258 1,660 2,124 259 1,655 144 1,475 461 920 924 286 11,576 62,521
76,454 32,091 225,000 213,888 10,000,000 548,450 4,053,017 74,621 74,621 200,000 74,620 10,344 182,365 186,550 | 1.8439 1.8449 1.8474 1.8484 1.8492 1.8506 1.8518 1.8519 1.8521 1.8555 1.8594 1.8595 1.8600 1.8604 1.8608 1.8610 1.8613 1.8621 1.8624 1.8669 1.8685 1.8689 1.8695 1.8703 1.8717 1.8719 1.8721 1.8725 1.8739 1.8740 1.8745 1.8765 1.8774 1.8794 1.8801 1.8816 1.8833 1.8850 1.8855 1.8860 1.8867 1.8884 1.8885 1.8886 1.8887 1.8891 1.8968 1.8984 1.8990 1.8994 1.9009 1.9016 1.9017 1.9020 1.9023 1.9042 1.9121 1.9126 1.9158 1.9176 1.9350 1.9535
1.8401 1.8441 1.8485 1.8500 1.8530 1.8551 1.8558 1.8572 1.8767 1.8973 1.8984 1.9183 1.9569 1.9769 |
(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: | 13 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