21st Sep 2015 11:36
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 | SABMiller Plc |
(c) Name of the party to the offer with which exempt principal trader is connected:
| SABMiller Plc |
(d) Date dealing undertaken: | 18 SEPTEMBER 2015 |
(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 |
USD 0.10 ordinary | PURCHASES | 3,339,149 | 36.6600 GBP | 32.0000 GBP |
USD 0.10 ordinary | SALES | 3,229,453 | 36.6700 GBP | 32.0000 GBP |
USD 0.10 ordinary | SALES | 5,486 | 56.0736 USD | 56.0736 USD |
USD 0.10 ordinary | PURCHASES | 22,624 | 749.4548 ZAR | 749.4548 ZAR |
USD 0.10 ordinary | SALES | 22,624 | 753.0000 ZAR | 746.9000 ZAR |
(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 |
USD 0.10 ordinary | CFD | LONG | 21,608 | 35.9927 GBP |
USD 0.10 ordinary | CFD | LONG | 3,727 | 36.0000 GBP |
USD 0.10 ordinary | CFD | LONG | 10,417 | 36.0269 GBP |
USD 0.10 ordinary | CFD | LONG | 3,999 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 536 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 3,449 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 2,068 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 12,590 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 1,555 | 36.1143 GBP |
USD 0.10 ordinary | CFD | LONG | 55,191 | 36.1149 GBP |
USD 0.10 ordinary | CFD | LONG | 8,500 | 36.1169 GBP |
USD 0.10 ordinary | CFD | LONG | 1,706 | 36.1247 GBP |
USD 0.10 ordinary | CFD | LONG | 189 | 36.1350 GBP |
USD 0.10 ordinary | CFD | LONG | 3,342 | 36.1429 GBP |
USD 0.10 ordinary | CFD | LONG | 559 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 5,341 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 18,832 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 7,657 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 5,246 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 2,147 | 36.1478 GBP |
USD 0.10 ordinary | CFD | LONG | 1,202 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 2,936 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 4,285 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 10,534 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 2,989 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 314 | 36.1652 GBP |
USD 0.10 ordinary | CFD | LONG | 4,537 | 36.1718 GBP |
USD 0.10 ordinary | CFD | LONG | 3,700 | 36.1866 GBP |
USD 0.10 ordinary | CFD | LONG | 50,000 | 36.1906 GBP |
USD 0.10 ordinary | CFD | LONG | 50,000 | 36.1906 GBP |
USD 0.10 ordinary | CFD | LONG | 704 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 242 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 1,809 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 936 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 5,701 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 1,560 | 36.1955 GBP |
USD 0.10 ordinary | CFD | LONG | 2,914 | 36.2141 GBP |
USD 0.10 ordinary | CFD | LONG | 3,044 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 322 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 2,969 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 10,669 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 7,567 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 1,217 | 36.2291 GBP |
USD 0.10 ordinary | CFD | LONG | 12 | 36.2450 GBP |
USD 0.10 ordinary | CFD | LONG | 4 | 36.2450 GBP |
USD 0.10 ordinary | CFD | LONG | 67 | 36.2450 GBP |
USD 0.10 ordinary | CFD | LONG | 8,845 | 36.2668 GBP |
USD 0.10 ordinary | CFD | LONG | 53,551 | 36.2675 GBP |
USD 0.10 ordinary | CFD | LONG | 4,858 | 36.2898 GBP |
USD 0.10 ordinary | CFD | LONG | 19,859 | 36.2989 GBP |
USD 0.10 ordinary | CFD | LONG | 10,187 | 36.3162 GBP |
USD 0.10 ordinary | CFD | LONG | 299 | 36.3324 GBP |
USD 0.10 ordinary | CFD | LONG | 139 | 36.3601 GBP |
USD 0.10 ordinary | CFD | LONG | 49,185 | 36.3656 GBP |
USD 0.10 ordinary | CFD | LONG | 4,044 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 1,061 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 10,053 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 25,145 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 9,865 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 35,430 | 36.4056 GBP |
USD 0.10 ordinary | CFD | LONG | 10,444 | 36.4452 GBP |
USD 0.10 ordinary | CFD | LONG | 13,500 | 36.4872 GBP |
USD 0.10 ordinary | CFD | SHORT | 284 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 4,802 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 339 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,863 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,711 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 14,877 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 540 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 32,227 | 36.0796 GBP |
USD 0.10 ordinary | CFD | SHORT | 5,814 | 36.0796 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,939 | 36.0961 GBP |
USD 0.10 ordinary | CFD | SHORT | 10,746 | 36.0961 GBP |
USD 0.10 ordinary | CFD | SHORT | 4,850 | 36.1087 GBP |
USD 0.10 ordinary | CFD | SHORT | 2,024 | 36.1207 GBP |
USD 0.10 ordinary | CFD | SHORT | 10,000 | 36.1234 GBP |
USD 0.10 ordinary | CFD | SHORT | 4,537 | 36.1344 GBP |
USD 0.10 ordinary | CFD | SHORT | 260,444 | 36.1614 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,489 | 36.1665 GBP |
USD 0.10 ordinary | CFD | SHORT | 8,540 | 36.1665 GBP |
USD 0.10 ordinary | CFD | SHORT | 451 | 36.1665 GBP |
USD 0.10 ordinary | CFD | SHORT | 1 | 36.1700 GBP |
USD 0.10 ordinary | CFD | SHORT | 288 | 36.1728 GBP |
USD 0.10 ordinary | CFD | SHORT | 255 | 36.1805 GBP |
USD 0.10 ordinary | CFD | SHORT | 19 | 36.1870 GBP |
USD 0.10 ordinary | CFD | SHORT | 341 | 36.1870 GBP |
USD 0.10 ordinary | CFD | SHORT | 390 | 36.2115 GBP |
USD 0.10 ordinary | CFD | SHORT | 70 | 36.2115 GBP |
USD 0.10 ordinary | CFD | SHORT | 10,000 | 36.2349 GBP |
USD 0.10 ordinary | CFD | SHORT | 3,106 | 36.2355 GBP |
USD 0.10 ordinary | CFD | SHORT | 36,431 | 36.2355 GBP |
USD 0.10 ordinary | CFD | SHORT | 41,426 | 36.2355 GBP |
USD 0.10 ordinary | CFD | SHORT | 52,340 | 36.2444 GBP |
USD 0.10 ordinary | CFD | SHORT | 1,939 | 36.2462 GBP |
USD 0.10 ordinary | CFD | SHORT | 10,746 | 36.2462 GBP |
USD 0.10 ordinary | CFD | SHORT | 3,692 | 36.4296 GBP |
USD 0.10 ordinary | CFD | SHORT | 2 | 36.4850 GBP |
USD 0.10 ordinary | CFD | SHORT | 45 | 36.4900 GBP |
USD 0.10 ordinary | CFD | SHORT | 100 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 100 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 657 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 657 | 36.0000 GBP |
USD 0.10 ordinary | CFD | SHORT | 6,906 | 36.0000 GBP |
USD 0.10 ordinary | CFD | LONG | 41,040 | 748.8595 ZAR |
USD 0.10 ordinary | CFD | LONG | 3,284 | 749.4171 ZAR |
USD 0.10 ordinary | CFD | LONG | 1,525 | 751.5036 ZAR |
USD 0.10 ordinary | CFD | SHORT | 40,063 | 749.1852 ZAR |
USD 0.10 ordinary | CFD | SHORT | 3,358 | 749.5547 ZAR |
USD 0.10 ordinary | CFD | SHORT | 91,800 | 756.0000 ZAR |
(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 |
USD 0.10 ordinary | PUT | SALE | 112,000 | 2,800.0000 | A | 20/11/2015 | 0.8379 GBP |
USD 0.10 ordinary | PUT | PURCHASE | 112,000 | 2,800.0000 | E | 20/11/2015 | 0.8379 GBP |
USD 0.10 ordinary | PUT | PURCHASE | 28,000 | 3,200.0000 | A | 18/03/2016 | 0.9500 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 20/11/2015 | 0.2800 GBP |
USD 0.10 ordinary | CALL | SALE | 5,000 | 4,200.0000 | A | 18/12/2015 | 0.3550 GBP |
USD 0.10 ordinary | CALL | SALE | 28,000 | 4,200.0000 | A | 18/03/2016 | 0.9500 GBP |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
USD 0.10 ordinary | CALL | 409,000 | 3,800.0000 GBP |
USD 0.10 ordinary | PUT | 415,000 | 3,300.0000 GBP |
USD 0.10 ordinary | PUT | 1,000 | 3,300.0000 GBP |
USD 0.10 ordinary | PUT | 50,000 | 3,400.0000 GBP |
USD 0.10 ordinary | CALL | 50,000 | 3,400.0000 GBP |
USD 0.10 ordinary | CALL | 25,000 | 3,700.0000 GBP |
(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: | 21 SEPTEMBER 2015 |
| 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:
SAB.L