Last checked at 8 Feb 2018 14:47
AMENDMENT
DECREASED EQUITY PURCHASES BY 278,489 TO 3,769,781
ADDED EQUITY SWAP PURCHASES OF 300,000
ADDED EQUITY SWAP SALES OF 21,511
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: | 06 February 2018 |
(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
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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 | 3,769,781
4,917,682 | 2.0060
2.0060 | 1.9338
1.9285 |
(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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short
| 3,211 12,361 114,460 22,330 270,063 6,936 31,624 84,416 128,947 52,931 264,962 300,000 40,501 310,027 629,512 6,308 78,760 5,237 24,800 7,960 34,712 23,772 357,802
54,600 7,200 1,426 3,034 268 584 8,731 1,738 8,742 27,595 5,511 32,285 144,342 43,755 810 13,734 2,737 209,256 1,159 160,739 20,964 2,995 52,585 7,992 743 6,846 250,000 17,273 62,587 315 150,000 92,568 14,100 250,000 19,557 8,882 2,750 2,346 21,801 793,175 181,401 39,800 21,511 27,063 36,487 | 1.9285 1.9306 1.9361 1.9385 1.9393 1.9489 1.9719 1.9766 1.9773 1.9776 1.9783 1.9793 1.9798 1.9801 1.9806 1.9840 1.9862 1.9868 1.9929 1.9980 1.9981 1.9989 1.9990
1.9383 1.9402 1.9467 1.9471 1.9474 1.9477 1.9691 1.9694 1.9695 1.9756 1.9758 1.9762 1.9772 1.9789 1.9791 1.9792 1.9795 1.9804 1.9813 1.9815 1.9817 1.9821 1.9823 1.9824 1.9835 1.9844 1.9852 1.9878 1.9880 1.9882 1.9892 1.9899 1.9903 1.9909 1.9918 1.9939 1.9944 1.9946 1.9979 1.9990 1.9991 1.9992 2.0004 2.0012 2.0013 |
(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) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (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) (GBP) |
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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: 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
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| Date of disclosure: | 08 February 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 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.