12th Apr 2016 11:11
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: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | J Sainsbury Plc |
(c) Name of the party to the offer with which exempt principal trader is connected:
| J Sainsbury Plc |
(d) Date dealing undertaken: | 11 APRIL 2016 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 | Lowest price per unit paid/received |
Perpetual convertible bonds | PURCHASES | 800,000 | 100.0000 GBP | 100.0000 GBP |
Perpetual convertible bonds | SALES | 700,000 | 100.2500 GBP | 100.2500 GBP |
28 4/7p ordinary | PURCHASES | 1,774,922 | 2.9230 GBP | 2.8750 GBP |
28 4/7p ordinary | SALES | 1,659,705 | 2.9240 GBP | 2.8750 GBP |
(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 |
28 4/7p ordinary | CFD | LONG | 15,232 | 2.8986 GBP |
28 4/7p ordinary | CFD | LONG | 62,078 | 2.9016 GBP |
28 4/7p ordinary | CFD | LONG | 41,031 | 2.9064 GBP |
28 4/7p ordinary | CFD | LONG | 10,115 | 2.9088 GBP |
28 4/7p ordinary | CFD | LONG | 3,056 | 2.9090 GBP |
28 4/7p ordinary | CFD | LONG | 1 | 2.9090 GBP |
28 4/7p ordinary | CFD | LONG | 1 | 2.9090 GBP |
28 4/7p ordinary | CFD | LONG | 4,733 | 2.9090 GBP |
28 4/7p ordinary | CFD | LONG | 11,385 | 2.9090 GBP |
28 4/7p ordinary | CFD | LONG | 76,934 | 2.9095 GBP |
28 4/7p ordinary | CFD | LONG | 35,209 | 2.9121 GBP |
28 4/7p ordinary | CFD | LONG | 3,048 | 2.9135 GBP |
28 4/7p ordinary | CFD | LONG | 17,655 | 2.9144 GBP |
28 4/7p ordinary | CFD | LONG | 4,494 | 2.9144 GBP |
28 4/7p ordinary | CFD | LONG | 144,450 | 2.9144 GBP |
28 4/7p ordinary | CFD | LONG | 186,501 | 2.9144 GBP |
28 4/7p ordinary | CFD | LONG | 7,183 | 2.9145 GBP |
28 4/7p ordinary | CFD | LONG | 14,533 | 2.9146 GBP |
28 4/7p ordinary | CFD | LONG | 56,203 | 2.9147 GBP |
28 4/7p ordinary | CFD | LONG | 31,100 | 2.9148 GBP |
28 4/7p ordinary | CFD | LONG | 3,743 | 2.9154 GBP |
28 4/7p ordinary | CFD | LONG | 57,421 | 2.9154 GBP |
28 4/7p ordinary | CFD | LONG | 51,187 | 2.9154 GBP |
28 4/7p ordinary | CFD | LONG | 40,640 | 2.9156 GBP |
28 4/7p ordinary | CFD | LONG | 1,658 | 2.9156 GBP |
28 4/7p ordinary | CFD | LONG | 4,978 | 2.9156 GBP |
28 4/7p ordinary | CFD | SHORT | 264 | 2.8780 GBP |
28 4/7p ordinary | CFD | SHORT | 6,145 | 2.9022 GBP |
28 4/7p ordinary | CFD | SHORT | 9,268 | 2.9055 GBP |
28 4/7p ordinary | CFD | SHORT | 14,705 | 2.9076 GBP |
28 4/7p ordinary | CFD | SHORT | 4,326 | 2.9076 GBP |
28 4/7p ordinary | CFD | SHORT | 50,493 | 2.9083 GBP |
28 4/7p ordinary | CFD | SHORT | 16,281 | 2.9090 GBP |
28 4/7p ordinary | CFD | SHORT | 1,042 | 2.9090 GBP |
28 4/7p ordinary | CFD | SHORT | 2,982 | 2.9090 GBP |
28 4/7p ordinary | CFD | SHORT | 145 | 2.9090 GBP |
28 4/7p ordinary | CFD | SHORT | 77,361 | 2.9091 GBP |
28 4/7p ordinary | CFD | SHORT | 7,501 | 2.9094 GBP |
28 4/7p ordinary | CFD | SHORT | 1,604 | 2.9094 GBP |
28 4/7p ordinary | CFD | SHORT | 4,085 | 2.9120 GBP |
28 4/7p ordinary | CFD | SHORT | 60,561 | 2.9125 GBP |
28 4/7p ordinary | CFD | SHORT | 12,282 | 2.9131 GBP |
28 4/7p ordinary | CFD | SHORT | 3,317 | 2.9133 GBP |
28 4/7p ordinary | CFD | SHORT | 15,498 | 2.9133 GBP |
28 4/7p ordinary | CFD | SHORT | 9,355 | 2.9135 GBP |
28 4/7p ordinary | CFD | SHORT | 1,400 | 2.9136 GBP |
28 4/7p ordinary | CFD | SHORT | 12,163 | 2.9136 GBP |
28 4/7p ordinary | CFD | SHORT | 13,146 | 2.9136 GBP |
28 4/7p ordinary | CFD | SHORT | 747 | 2.9140 GBP |
28 4/7p ordinary | CFD | SHORT | 53,370 | 2.9152 GBP |
28 4/7p ordinary | CFD | SHORT | 14,738 | 2.9159 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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
3. OTHER INFORMATION
(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: 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: | 12 APRIL 2016 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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:
Sainsbury's