Form 8.5 (EPT/RI)- Tesco Plc

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:	05 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

 

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	6,749,060   4,303,531	2.0210   2.0180	1.9805   1.9810

 

(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	9,243 99,600 58,395 13,284 27,185 49,369 264,977 2,564 6,388 14,493 562,425 12,173 8,742 10,321 43,208 20,759 26,270 7,848 796 843 1,596 33,160 4,848 3,919   524 200,000 479 635,439 466,014 4,236 198,449 2,421 6,550 122,645 8,964 649 72,301 13,865 6,669 3,774 27,006 87,033 17,021 164,657 30,241 16,403 3,251 34,339 81,109 1,126 16,126 15,860 6,369 58,358 181,670 200,000 420,209 45,922 25,203 39,712 18,591 3,504 150,000 4,000 5,280 1,704 145,028 3,184 150,000 1,082 6,217 150,000	1.9874 1.9881 1.9930 1.9938 1.9943 1.9954 2.0013 2.0019 2.0022 2.0032 2.0033 2.0034 2.0036 2.0038 2.0064 2.0070 2.0074 2.0078 2.0079 2.0099 2.0109 2.0119 2.0125 2.0127   1.9854 1.9857 1.9864 1.9875 1.9876 1.9884 1.9885 1.9888 1.9889 1.9891 1.9892 1.9896 1.9903 1.9904 1.9912 1.9924 1.9936 1.9944 1.9946 1.9950 1.9960 1.9972 1.9973 1.9976 1.9977 1.9995 1.9996 2.0004 2.0019 2.0029 2.0042 2.0047 2.0049 2.0057 2.0062 2.0071 2.0075 2.0079 2.0084 2.0085 2.0096 2.0133 2.0137 2.0141 2.0146 2.0161 2.0181 2.0203

 

(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)

 

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

 

 

Date of disclosure:	06 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.