8th Aug 2016 14:11
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: | 04 AUGUST 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 |
Convertible bonds due November 2019 | SALES | 1,000,000 | 101.0500 GBP | 101.0500 GBP |
28 4/7p ordinary | PURCHASES | 1,176,684 | 2.2960 GBP | 2.2250 GBP |
28 4/7p ordinary | SALES | 1,573,634 | 2.2960 GBP | 2.2250 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 | 1,040 | 2.2400 GBP |
28 4/7p ordinary | CFD | LONG | 4,900 | 2.2418 GBP |
28 4/7p ordinary | CFD | LONG | 3,791 | 2.2439 GBP |
28 4/7p ordinary | CFD | LONG | 6,114 | 2.2439 GBP |
28 4/7p ordinary | CFD | LONG | 329 | 2.2454 GBP |
28 4/7p ordinary | CFD | LONG | 147 | 2.2460 GBP |
28 4/7p ordinary | CFD | LONG | 2,827 | 2.2489 GBP |
28 4/7p ordinary | CFD | LONG | 1,754 | 2.2489 GBP |
28 4/7p ordinary | CFD | LONG | 41,098 | 2.2526 GBP |
28 4/7p ordinary | CFD | LONG | 1,489 | 2.2530 GBP |
28 4/7p ordinary | CFD | LONG | 33,314 | 2.2536 GBP |
28 4/7p ordinary | CFD | LONG | 2,551 | 2.2554 GBP |
28 4/7p ordinary | CFD | LONG | 11,294 | 2.2554 GBP |
28 4/7p ordinary | CFD | LONG | 22,834 | 2.2606 GBP |
28 4/7p ordinary | CFD | LONG | 65,016 | 2.2607 GBP |
28 4/7p ordinary | CFD | LONG | 1,742 | 2.2628 GBP |
28 4/7p ordinary | CFD | LONG | 313 | 2.2628 GBP |
28 4/7p ordinary | CFD | LONG | 7,845 | 2.2628 GBP |
28 4/7p ordinary | CFD | LONG | 45,596 | 2.2635 GBP |
28 4/7p ordinary | CFD | LONG | 63 | 2.2665 GBP |
28 4/7p ordinary | CFD | LONG | 57 | 2.2666 GBP |
28 4/7p ordinary | CFD | LONG | 39,675 | 2.2671 GBP |
28 4/7p ordinary | CFD | LONG | 14,915 | 2.2675 GBP |
28 4/7p ordinary | CFD | LONG | 31,198 | 2.2678 GBP |
28 4/7p ordinary | CFD | LONG | 38,932 | 2.2679 GBP |
28 4/7p ordinary | CFD | LONG | 5,708 | 2.2680 GBP |
28 4/7p ordinary | CFD | LONG | 881 | 2.2680 GBP |
28 4/7p ordinary | CFD | LONG | 3,903 | 2.2680 GBP |
28 4/7p ordinary | CFD | LONG | 41,204 | 2.2684 GBP |
28 4/7p ordinary | CFD | LONG | 1,026 | 2.2686 GBP |
28 4/7p ordinary | CFD | LONG | 6,253 | 2.2686 GBP |
28 4/7p ordinary | CFD | LONG | 47,921 | 2.2693 GBP |
28 4/7p ordinary | CFD | LONG | 544 | 2.2693 GBP |
28 4/7p ordinary | CFD | LONG | 10,547 | 2.2703 GBP |
28 4/7p ordinary | CFD | LONG | 3,664 | 2.2703 GBP |
28 4/7p ordinary | CFD | LONG | 8,499 | 2.2703 GBP |
28 4/7p ordinary | CFD | LONG | 26,797 | 2.2710 GBP |
28 4/7p ordinary | CFD | LONG | 11,300 | 2.2715 GBP |
28 4/7p ordinary | CFD | LONG | 44,800 | 2.2715 GBP |
28 4/7p ordinary | CFD | LONG | 75,839 | 2.2725 GBP |
28 4/7p ordinary | CFD | LONG | 3,788 | 2.2725 GBP |
28 4/7p ordinary | CFD | LONG | 128,258 | 2.2725 GBP |
28 4/7p ordinary | CFD | LONG | 5,098 | 2.2729 GBP |
28 4/7p ordinary | CFD | LONG | 13,658 | 2.2781 GBP |
28 4/7p ordinary | CFD | LONG | 11,003 | 2.2781 GBP |
28 4/7p ordinary | CFD | LONG | 4,746 | 2.2781 GBP |
28 4/7p ordinary | CFD | SHORT | 99,250 | 2.2250 GBP |
28 4/7p ordinary | CFD | SHORT | 54,403 | 2.2440 GBP |
28 4/7p ordinary | CFD | SHORT | 22,978 | 2.2450 GBP |
28 4/7p ordinary | CFD | SHORT | 20,640 | 2.2450 GBP |
28 4/7p ordinary | CFD | SHORT | 47,780 | 2.2620 GBP |
28 4/7p ordinary | CFD | SHORT | 41,465 | 2.2622 GBP |
28 4/7p ordinary | CFD | SHORT | 4,509 | 2.2651 GBP |
28 4/7p ordinary | CFD | SHORT | 57,634 | 2.2655 GBP |
28 4/7p ordinary | CFD | SHORT | 8,195 | 2.2676 GBP |
28 4/7p ordinary | CFD | SHORT | 51,041 | 2.2678 GBP |
28 4/7p ordinary | CFD | SHORT | 1,364 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 1,696 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 2,533 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 3,149 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 5,922 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 4,763 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 40,656 | 2.2680 GBP |
28 4/7p ordinary | CFD | SHORT | 4,939 | 2.2708 GBP |
28 4/7p ordinary | CFD | SHORT | 2,428 | 2.2710 GBP |
28 4/7p ordinary | CFD | SHORT | 70,240 | 2.2735 GBP |
28 4/7p ordinary | CFD | SHORT | 21,741 | 2.2745 GBP |
28 4/7p ordinary | CFD | SHORT | 867 | 2.2745 GBP |
28 4/7p ordinary | CFD | SHORT | 4,828 | 2.2745 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: | 08 AUGUST 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