10th Feb 2016 15:00
AMENDMENT(Section 2b)
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: | 05 FEBRUARY 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 |
28 4/7p ordinary | PURCHASES | 3,045,149 | 2.5240 GBP | 2.4630 GBP |
28 4/7p ordinary | SALES | 5,400,231 | 2.5230 GBP | 2.4338 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 | 1,094 | 2.4630 GBP |
28 4/7p ordinary | CFD | LONG | 278 | 2.4730 GBP |
28 4/7p ordinary | CFD | LONG | 40,744 | 2.4743 GBP |
28 4/7p ordinary | CFD | LONG | 8,360 | 2.4756 GBP |
28 4/7p ordinary | CFD | LONG | 54,741 | 2.4860 GBP |
28 4/7p ordinary | CFD | LONG | 87,182 | 2.4896 GBP |
28 4/7p ordinary | CFD | LONG | 25,354 | 2.4896 GBP |
28 4/7p ordinary | CFD | LONG | 3,700 | 2.4913 GBP |
28 4/7p ordinary | CFD | LONG | 3,700 | 2.4913 GBP |
28 4/7p ordinary | CFD | LONG | 5,021 | 2.4923 GBP |
28 4/7p ordinary | CFD | LONG | 844 | 2.4929 GBP |
28 4/7p ordinary | CFD | LONG | 1,123 | 2.4930 GBP |
28 4/7p ordinary | CFD | LONG | 3,007 | 2.4932 GBP |
28 4/7p ordinary | CFD | LONG | 3,565 | 2.4932 GBP |
28 4/7p ordinary | CFD | LONG | 33,400 | 2.4953 GBP |
28 4/7p ordinary | CFD | LONG | 5,461 | 2.4955 GBP |
28 4/7p ordinary | CFD | LONG | 45,225 | 2.4955 GBP |
28 4/7p ordinary | CFD | LONG | 40,297 | 2.4968 GBP |
28 4/7p ordinary | CFD | LONG | 92,945 | 2.4969 GBP |
28 4/7p ordinary | CFD | LONG | 73,541 | 2.4969 GBP |
28 4/7p ordinary | CFD | LONG | 12,758 | 2.4972 GBP |
28 4/7p ordinary | CFD | LONG | 33,752 | 2.4972 GBP |
28 4/7p ordinary | CFD | LONG | 3,624 | 2.4972 GBP |
28 4/7p ordinary | CFD | LONG | 1,310 | 2.4974 GBP |
28 4/7p ordinary | CFD | LONG | 825 | 2.4978 GBP |
28 4/7p ordinary | CFD | LONG | 28,134 | 2.4991 GBP |
28 4/7p ordinary | CFD | LONG | 17,307 | 2.4991 GBP |
28 4/7p ordinary | CFD | LONG | 1,992 | 2.4991 GBP |
28 4/7p ordinary | CFD | LONG | 4,092 | 2.5015 GBP |
28 4/7p ordinary | CFD | LONG | 4,056 | 2.5019 GBP |
28 4/7p ordinary | CFD | LONG | 35,475 | 2.5034 GBP |
28 4/7p ordinary | CFD | LONG | 3,198 | 2.5039 GBP |
28 4/7p ordinary | CFD | LONG | 3,427 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 770 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 770 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 258 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 1,146 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 258 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 5,656 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 25,154 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 5,656 | 2.5042 GBP |
28 4/7p ordinary | CFD | LONG | 120,497 | 2.5068 GBP |
28 4/7p ordinary | CFD | LONG | 32,027 | 2.5076 GBP |
28 4/7p ordinary | CFD | LONG | 6,862 | 2.5076 GBP |
28 4/7p ordinary | CFD | LONG | 12,107 | 2.5076 GBP |
28 4/7p ordinary | CFD | LONG | 3,435 | 2.5076 GBP |
28 4/7p ordinary | CFD | LONG | 1,236 | 2.5076 GBP |
28 4/7p ordinary | CFD | LONG | 100,000 | 2.5083 GBP |
28 4/7p ordinary | CFD | LONG | 25,000 | 2.5083 GBP |
28 4/7p ordinary | CFD | LONG | 7,574 | 2.5086 GBP |
28 4/7p ordinary | CFD | LONG | 148,452 | 2.5087 GBP |
28 4/7p ordinary | CFD | LONG | 56,097 | 2.5087 GBP |
28 4/7p ordinary | CFD | LONG | 15,916 | 2.5087 GBP |
28 4/7p ordinary | CFD | LONG | 5,733 | 2.5087 GBP |
28 4/7p ordinary | CFD | LONG | 577,747 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 924 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 1 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 1 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 1,431 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 4,894 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 2,132 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 298 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 6,099 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 25,045 | 2.5090 GBP |
28 4/7p ordinary | CFD | LONG | 26,756 | 2.5100 GBP |
28 4/7p ordinary | CFD | LONG | 110,826 | 2.5100 GBP |
28 4/7p ordinary | CFD | LONG | 9,897 | 2.5113 GBP |
28 4/7p ordinary | CFD | LONG | 2,811 | 2.5113 GBP |
28 4/7p ordinary | CFD | LONG | 26,181 | 2.5113 GBP |
28 4/7p ordinary | CFD | LONG | 1,010 | 2.5113 GBP |
28 4/7p ordinary | CFD | LONG | 14,170 | 2.5217 GBP |
28 4/7p ordinary | CFD | LONG | 95,312 | 2.5217 GBP |
28 4/7p ordinary | CFD | SHORT | 278 | 2.4670 GBP |
28 4/7p ordinary | CFD | SHORT | 1,593 | 2.4710 GBP |
28 4/7p ordinary | CFD | SHORT | 4,973 | 2.4787 GBP |
28 4/7p ordinary | CFD | SHORT | 39,490 | 2.4876 GBP |
28 4/7p ordinary | CFD | SHORT | 95,312 | 2.4886 GBP |
28 4/7p ordinary | CFD | SHORT | 53,455 | 2.4886 GBP |
28 4/7p ordinary | CFD | SHORT | 13,200 | 2.4904 GBP |
28 4/7p ordinary | CFD | SHORT | 170,716 | 2.4925 GBP |
28 4/7p ordinary | CFD | SHORT | 46,100 | 2.5072 GBP |
28 4/7p ordinary | CFD | SHORT | 46,100 | 2.5072 GBP |
28 4/7p ordinary | CFD | SHORT | 25,000 | 2.5090 GBP |
28 4/7p ordinary | CFD | SHORT | 12,073 | 2.5090 GBP |
28 4/7p ordinary | CFD | SHORT | 81,115 | 2.5090 GBP |
28 4/7p ordinary | CFD | SHORT | 34,740 | 2.5095 GBP |
28 4/7p ordinary | CFD | SHORT | 4,813 | 2.5095 GBP |
28 4/7p ordinary | CFD | SHORT | 115,297 | 2.5095 GBP |
28 4/7p ordinary | CFD | SHORT | 6,039 | 2.5105 GBP |
28 4/7p ordinary | CFD | SHORT | 7,072 | 2.5118 GBP |
28 4/7p ordinary | CFD | SHORT | 13,281 | 2.5155 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: | 10 FEBRUARY 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