Source - RNS
RNS Number : 6875I
Morgan Stanley & Co. Int'l plc
01 September 2016
 

 

 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:

31 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

 PURCHASES

 700,000

 103.6900 GBP

 103.6900 GBP

 Perpetual convertible bonds

 PURCHASES

 1,000,000

 97.6500 GBP

 97.6500 GBP

 28 4/7p ordinary

 PURCHASES

 4,982,137

 2.4270 GBP

 2.3850 GBP

 28 4/7p ordinary

 SALES

 11,651,102

 2.4280 GBP

 2.3840 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

 776

 2.3980 GBP

28 4/7p ordinary

 CFD

 LONG

 958,800

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 3,237

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 8,106

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 4,736

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 75,200

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 731

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 244,400

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 51,940

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 70,500

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 4,366

 2.4030 GBP

28 4/7p ordinary

 CFD

 LONG

 4,800

 2.4056 GBP

28 4/7p ordinary

 CFD

 LONG

 3,900

 2.4056 GBP

28 4/7p ordinary

 CFD

 LONG

 335,629

 2.4075 GBP

28 4/7p ordinary

 CFD

 LONG

 168,910

 2.4075 GBP

28 4/7p ordinary

 CFD

 LONG

 7,319

 2.4081 GBP

28 4/7p ordinary

 CFD

 LONG

 1,886

 2.4081 GBP

28 4/7p ordinary

 CFD

 LONG

 4,546

 2.4121 GBP

28 4/7p ordinary

 CFD

 LONG

 1,083

 2.4124 GBP

28 4/7p ordinary

 CFD

 LONG

 78,846

 2.4128 GBP

28 4/7p ordinary

 CFD

 LONG

 18,028

 2.4133 GBP

28 4/7p ordinary

 CFD

 LONG

 7,774

 2.4133 GBP

28 4/7p ordinary

 CFD

 LONG

 22,375

 2.4133 GBP

28 4/7p ordinary

 CFD

 LONG

 177,142

 2.4137 GBP

28 4/7p ordinary

 CFD

 LONG

 70,911

 2.4137 GBP

28 4/7p ordinary

 CFD

 LONG

 62,495

 2.4159 GBP

28 4/7p ordinary

 CFD

 LONG

 2,566

 2.4159 GBP

28 4/7p ordinary

 CFD

 LONG

 43,037

 2.4161 GBP

28 4/7p ordinary

 CFD

 LONG

 5,809

 2.4170 GBP

28 4/7p ordinary

 CFD

 LONG

 2,325

 2.4170 GBP

28 4/7p ordinary

 CFD

 LONG

 46,544

 2.4176 GBP

28 4/7p ordinary

 CFD

 LONG

 1,926

 2.4185 GBP

28 4/7p ordinary

 CFD

 LONG

 770

 2.4185 GBP

28 4/7p ordinary

 CFD

 LONG

 107,868

 2.4189 GBP

28 4/7p ordinary

 CFD

 LONG

 4,510

 2.4195 GBP

28 4/7p ordinary

 CFD

 LONG

 54,407

 2.4210 GBP

28 4/7p ordinary

 CFD

 LONG

 9,183

 2.4211 GBP

28 4/7p ordinary

 CFD

 LONG

 3,679

 2.4211 GBP

28 4/7p ordinary

 CFD

 LONG

 33,377

 2.4213 GBP

28 4/7p ordinary

 CFD

 LONG

 83,387

 2.4213 GBP

28 4/7p ordinary

 CFD

 LONG

 51,367

 2.4223 GBP

28 4/7p ordinary

 CFD

 LONG

 30,244

 2.4223 GBP

28 4/7p ordinary

 CFD

 LONG

 36

 2.4224 GBP

28 4/7p ordinary

 CFD

 LONG

 15,356

 2.4224 GBP

28 4/7p ordinary

 CFD

 LONG

 486

 2.4224 GBP

28 4/7p ordinary

 CFD

 LONG

 7,610

 2.4228 GBP

28 4/7p ordinary

 CFD

 LONG

 19,013

 2.4228 GBP

28 4/7p ordinary

 CFD

 LONG

 3,837

 2.4232 GBP

28 4/7p ordinary

 CFD

 LONG

 9,584

 2.4232 GBP

28 4/7p ordinary

 CFD

 LONG

 1,380

 2.4234 GBP

28 4/7p ordinary

 CFD

 LONG

 248

 2.4234 GBP

28 4/7p ordinary

 CFD

 LONG

 6,224

 2.4234 GBP

28 4/7p ordinary

 CFD

 LONG

 7,785

 2.4241 GBP

28 4/7p ordinary

 CFD

 LONG

 3,116

 2.4241 GBP

28 4/7p ordinary

 CFD

 LONG

 11,300

 2.4253 GBP

28 4/7p ordinary

 CFD

 SHORT

 697

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,294

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 2,434

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 51,267

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 8,106

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 4,366

 2.4030 GBP

28 4/7p ordinary

 CFD

 SHORT

 49,926

 2.4031 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,438

 2.4033 GBP

28 4/7p ordinary

 CFD

 SHORT

 12,558

 2.4033 GBP

28 4/7p ordinary

 CFD

 SHORT

 22,599

 2.4086 GBP

28 4/7p ordinary

 CFD

 SHORT

 77,078

 2.4086 GBP

28 4/7p ordinary

 CFD

 SHORT

 11,400

 2.4091 GBP

28 4/7p ordinary

 CFD

 SHORT

 9,200

 2.4111 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,236

 2.4125 GBP

28 4/7p ordinary

 CFD

 SHORT

 84,476

 2.4132 GBP

28 4/7p ordinary

 CFD

 SHORT

 63,650

 2.4135 GBP

28 4/7p ordinary

 CFD

 SHORT

 98,314

 2.4138 GBP

28 4/7p ordinary

 CFD

 SHORT

 34,754

 2.4138 GBP

28 4/7p ordinary

 CFD

 SHORT

 15,532

 2.4142 GBP

28 4/7p ordinary

 CFD

 SHORT

 12,514

 2.4142 GBP

28 4/7p ordinary

 CFD

 SHORT

 5,397

 2.4142 GBP

28 4/7p ordinary

 CFD

 SHORT

 24,247

 2.4146 GBP

28 4/7p ordinary

 CFD

 SHORT

 60,191

 2.4153 GBP

28 4/7p ordinary

 CFD

 SHORT

 20,485

 2.4166 GBP

28 4/7p ordinary

 CFD

 SHORT

 2,350

 2.4166 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,000,000

 2.4180 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,505

 2.4181 GBP

28 4/7p ordinary

 CFD

 SHORT

 272

 2.4181 GBP

28 4/7p ordinary

 CFD

 SHORT

 6,707

 2.4181 GBP

28 4/7p ordinary

 CFD

 SHORT

 20

 2.4188 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,506

 2.4189 GBP

28 4/7p ordinary

 CFD

 SHORT

 117

 2.4189 GBP

28 4/7p ordinary

 CFD

 SHORT

 10,641

 2.4189 GBP

28 4/7p ordinary

 CFD

 SHORT

 4,989

 2.4198 GBP

28 4/7p ordinary

 CFD

 SHORT

 11,569

 2.4198 GBP

28 4/7p ordinary

 CFD

 SHORT

 14,358

 2.4198 GBP

28 4/7p ordinary

 CFD

 SHORT

 7,447

 2.4210 GBP

28 4/7p ordinary

 CFD

 SHORT

 40,000

 2.4220 GBP

28 4/7p ordinary

 CFD

 SHORT

 2,092

 2.4220 GBP

28 4/7p ordinary

 CFD

 SHORT

 2,629

 2.4255 GBP

28 4/7p ordinary

 CFD

 SHORT

 1,134

 2.4255 GBP

28 4/7p ordinary

 CFD

 SHORT

 3,264

 2.4255 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:

01 SEPTEMBER 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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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