Last checked at 25 Aug 2016 11:42
AMENDMENT (Section 2a)
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: | 22 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 | 200,000 | 103.4400 GBP | 103.4400 GBP |
28 4/7p ordinary | PURCHASES | 1,650,498 | 2.4360 GBP | 2.4060 GBP |
28 4/7p ordinary | SALES | 2,554,581 | 2.4370 GBP | 2.4050 GBP |
28 4/7p ordinary | PURCHASES | 2,650 | 2.4170 USD | 2.4170 USD |
(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 | 34,701 | 2.4090 GBP |
28 4/7p ordinary | CFD | LONG | 24,026 | 2.4151 GBP |
28 4/7p ordinary | CFD | LONG | 579 | 2.4151 GBP |
28 4/7p ordinary | CFD | LONG | 249,965 | 2.4152 GBP |
28 4/7p ordinary | CFD | LONG | 33,052 | 2.4152 GBP |
28 4/7p ordinary | CFD | LONG | 204 | 2.4162 GBP |
28 4/7p ordinary | CFD | LONG | 16,235 | 2.4168 GBP |
28 4/7p ordinary | CFD | LONG | 2,402 | 2.4170 GBP |
28 4/7p ordinary | CFD | LONG | 1,278 | 2.4170 GBP |
28 4/7p ordinary | CFD | LONG | 688 | 2.4170 GBP |
28 4/7p ordinary | CFD | LONG | 22,749 | 2.4172 GBP |
28 4/7p ordinary | CFD | LONG | 17,887 | 2.4187 GBP |
28 4/7p ordinary | CFD | LONG | 30,394 | 2.4187 GBP |
28 4/7p ordinary | CFD | LONG | 982 | 2.4187 GBP |
28 4/7p ordinary | CFD | LONG | 667 | 2.4191 GBP |
28 4/7p ordinary | CFD | LONG | 86,981 | 2.4191 GBP |
28 4/7p ordinary | CFD | LONG | 50,606 | 2.4191 GBP |
28 4/7p ordinary | CFD | LONG | 5,400 | 2.4195 GBP |
28 4/7p ordinary | CFD | LONG | 5,600 | 2.4195 GBP |
28 4/7p ordinary | CFD | LONG | 32,079 | 2.4198 GBP |
28 4/7p ordinary | CFD | LONG | 15,747 | 2.4207 GBP |
28 4/7p ordinary | CFD | LONG | 12,686 | 2.4207 GBP |
28 4/7p ordinary | CFD | LONG | 5,472 | 2.4207 GBP |
28 4/7p ordinary | CFD | LONG | 1,448 | 2.4211 GBP |
28 4/7p ordinary | CFD | LONG | 1,343 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 301 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 51 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 2,197 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 718 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 4,669 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 13,192 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 9,271 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 4,888 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 5,917 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 301 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 1,578 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 2,245 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 122 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 23,276 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 6,286 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 4,220 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 374 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 14,574 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 18,090 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 5,678 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 136,785 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 1,705 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 966 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 714 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 795 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 227 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 1,767 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 1,409 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 832 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 290 | 2.4212 GBP |
28 4/7p ordinary | CFD | LONG | 51,499 | 2.4213 GBP |
28 4/7p ordinary | CFD | LONG | 115,991 | 2.4215 GBP |
28 4/7p ordinary | CFD | LONG | 2,645 | 2.4226 GBP |
28 4/7p ordinary | CFD | LONG | 5,470 | 2.4227 GBP |
28 4/7p ordinary | CFD | LONG | 12,683 | 2.4227 GBP |
28 4/7p ordinary | CFD | LONG | 15,742 | 2.4227 GBP |
28 4/7p ordinary | CFD | LONG | 15,780 | 2.4228 GBP |
28 4/7p ordinary | CFD | LONG | 12,714 | 2.4228 GBP |
28 4/7p ordinary | CFD | LONG | 5,482 | 2.4228 GBP |
28 4/7p ordinary | CFD | LONG | 36,958 | 2.4229 GBP |
28 4/7p ordinary | CFD | LONG | 28,593 | 2.4231 GBP |
28 4/7p ordinary | CFD | LONG | 18,770 | 2.4233 GBP |
28 4/7p ordinary | CFD | LONG | 1,717 | 2.4238 GBP |
28 4/7p ordinary | CFD | LONG | 2,591 | 2.4239 GBP |
28 4/7p ordinary | CFD | LONG | 36,574 | 2.4254 GBP |
28 4/7p ordinary | CFD | LONG | 11,345 | 2.4257 GBP |
28 4/7p ordinary | CFD | LONG | 87,350 | 2.4257 GBP |
28 4/7p ordinary | CFD | LONG | 22,348 | 2.4262 GBP |
28 4/7p ordinary | CFD | LONG | 37,186 | 2.4262 GBP |
28 4/7p ordinary | CFD | LONG | 1,503 | 2.4265 GBP |
28 4/7p ordinary | CFD | LONG | 37,691 | 2.4265 GBP |
28 4/7p ordinary | CFD | LONG | 8,368 | 2.4265 GBP |
28 4/7p ordinary | CFD | LONG | 4,458 | 2.4292 GBP |
28 4/7p ordinary | CFD | SHORT | 3,132 | 2.4090 GBP |
28 4/7p ordinary | CFD | SHORT | 39 | 2.4130 GBP |
28 4/7p ordinary | CFD | SHORT | 219 | 2.4130 GBP |
28 4/7p ordinary | CFD | SHORT | 986 | 2.4130 GBP |
28 4/7p ordinary | CFD | SHORT | 1 | 2.4130 GBP |
28 4/7p ordinary | CFD | SHORT | 4,531 | 2.4142 GBP |
28 4/7p ordinary | CFD | SHORT | 7,862 | 2.4144 GBP |
28 4/7p ordinary | CFD | SHORT | 88,394 | 2.4170 GBP |
28 4/7p ordinary | CFD | SHORT | 2,806 | 2.4196 GBP |
28 4/7p ordinary | CFD | SHORT | 13,126 | 2.4203 GBP |
28 4/7p ordinary | CFD | SHORT | 40,880 | 2.4210 GBP |
28 4/7p ordinary | CFD | SHORT | 29,854 | 2.4212 GBP |
28 4/7p ordinary | CFD | SHORT | 48,532 | 2.4216 GBP |
28 4/7p ordinary | CFD | SHORT | 40,509 | 2.4220 GBP |
28 4/7p ordinary | CFD | SHORT | 32,527 | 2.4224 GBP |
28 4/7p ordinary | CFD | SHORT | 14,495 | 2.4236 GBP |
28 4/7p ordinary | CFD | SHORT | 29,921 | 2.4252 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: | 25 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 monitoring@disclosure.org.uk. 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.