19th Jun 2017 11:37
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: | 16 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 | 7,671,135
17,296,249 | 1.8623
1.8613 | 1.6905
1.6995 |
|
|
(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
| 4,700,000 69,878 4,234 11,831 549,860 59,114 3,618 794 3,296 6,652 135,797 72,637 26,934 10,358 891 253,748 10,695 50,593 14,875 17,542 58,577 32,399 876,522 8,651 358,866 5,456 4,225 2,613 27,710 4,833 20,835 3,656 1,330,289 23,260 590,898 54,826 9,834 127,802 3,152 3,102 1,276,516 8,618 43,107 2,503 425 232 19,526 23,280 519 12,756 10,661 533 2,662 9,054 400 1,456 6,842 1,304 744,249 1,999 25,475
17,500 270,196 29,358 246,371 318,126 83,170 14,608 208,885 153,326 1,792 9,984 41,585 1,341,000 174,257 26,259 250,000 9,076 49,900 25,346 744,249 | 1.7105 GBP 1.7109 GBP 1.7110 GBP 1.7138 GBP 1.7142 GBP 1.7149 GBP 1.7172 GBP 1.7175 GBP 1.7177 GBP 1.7178 GBP 1.7179 GBP 1.7184 GBP 1.7186 GBP 1.7191 GBP 1.7192 GBP 1.7193 GBP 1.7200 GBP 1.7209 GBP 1.7216 GBP 1.7227 GBP 1.7287 GBP 1.7297 GBP 1.7315 GBP 1.7317 GBP 1.7362 GBP 1.7383 GBP 1.7432 GBP 1.7435 GBP 1.7453 GBP 1.7539 GBP 1.7545 GBP 1.7560 GBP 1.7572 GBP 1.7579 GBP 1.7609 GBP 1.7625 GBP 1.7662 GBP 1.7667 GBP 1.7676 GBP 1.7677 GBP 1.7695 GBP 1.7781 GBP 1.7808 GBP 1.7843 GBP 1.7848 GBP 1.7870 GBP 1.7877 GBP 1.7885 GBP 1.7886 GBP 1.7888 GBP 1.7891 GBP 1.7898 GBP 1.7917 GBP 1.7927 GBP 1.7930 GBP 1.7938 GBP 1.7956 GBP 1.7976 GBP 1.7995 GBP 1.7998 GBP 1.8375 GBP
1.7097 GBP 1.7110 GBP 1.7111 GBP 1.7121 GBP 1.7138 GBP 1.7166 GBP 1.7168 GBP 1.7211 GBP 1.7291 GBP 1.7456 GBP 1.7475 GBP 1.7556 GBP 1.7590 GBP 1.7596 GBP 1.7816 GBP 1.7902 GBP 1.7913 GBP 1.8181 GBP 1.8375 GBP 2.2854 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: | 19 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