Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

27 June 2024

 

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	Britvic plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Britvic plc
(d) Date dealing undertaken:	26 June 2024
(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"	N/A

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
20p ordinary	PURCHASES	1,112,036	11.9500 GBP	11.6019 GBP
20p ordinary	SALES	1,418,934	11.9600 GBP	11.5742 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
20p ordinary	CFD	increasing a long position	90	11.5999 GBP
20p ordinary	CFD	increasing a long position	4,161	11.6039 GBP
20p ordinary	CFD	increasing a long position	711,437	11.6300 GBP
20p ordinary	CFD	increasing a long position	806,624	11.6300 GBP
20p ordinary	CFD	increasing a long position	1,900	11.7792 GBP
20p ordinary	CFD	increasing a long position	37	11.7830 GBP
20p ordinary	CFD	increasing a long position	19,330	11.8072 GBP
20p ordinary	CFD	increasing a long position	1,561	11.8086 GBP
20p ordinary	CFD	increasing a long position	280	11.8196 GBP
20p ordinary	CFD	increasing a long position	55,447	11.8934 GBP
20p ordinary	CFD	increasing a long position	805	11.8998 GBP
20p ordinary	CFD	increasing a long position	30,242	11.9000 GBP
20p ordinary	CFD	increasing a long position	7,000	11.9000 GBP
20p ordinary	CFD	increasing a long position	66,969	11.9048 GBP
20p ordinary	CFD	increasing a long position	31	11.9134 GBP
20p ordinary	CFD	increasing a short position	4,400	11.6112 GBP
20p ordinary	CFD	increasing a short position	6,602	11.6112 GBP
20p ordinary	CFD	increasing a short position	3,099	11.6112 GBP
20p ordinary	CFD	increasing a short position	26,781	11.6582 GBP
20p ordinary	CFD	increasing a short position	38,035	11.6582 GBP
20p ordinary	CFD	increasing a short position	57,063	11.6582 GBP
20p ordinary	CFD	increasing a short position	218,295	11.6923 GBP
20p ordinary	CFD	increasing a short position	55,686	11.6923 GBP
20p ordinary	CFD	increasing a short position	93,337	11.7082 GBP
20p ordinary	CFD	increasing a short position	43,928	11.7082 GBP
20p ordinary	CFD	increasing a short position	62,735	11.7082 GBP
20p ordinary	CFD	increasing a short position	106	11.7856 GBP
20p ordinary	CFD	increasing a short position	1,246	11.8180 GBP
20p ordinary	CFD	increasing a short position	81	11.8186 GBP
20p ordinary	CFD	increasing a short position	2	11.8200 GBP
20p ordinary	CFD	increasing a short position	33	11.8300 GBP
20p ordinary	CFD	increasing a short position	2,461	11.8502 GBP
20p ordinary	CFD	increasing a short position	9	11.8522 GBP
20p ordinary	CFD	increasing a short position	89	11.8627 GBP
20p ordinary	CFD	increasing a short position	1,148	11.8970 GBP
20p ordinary	CFD	increasing a short position	52	11.9000 GBP
20p ordinary	CFD	increasing a short position	9,526	11.9000 GBP
20p ordinary	CFD	increasing a short position	61	11.9002 GBP
20p ordinary	CFD	increasing a short position	7	11.9010 GBP
20p ordinary	CFD	increasing a short position	63,477	11.9012 GBP
20p ordinary	CFD	increasing a short position	5,492	11.9025 GBP
20p ordinary	CFD	increasing a short position	42,392	11.9315 GBP
20p ordinary	CFD	reducing a long position	806,624	11.6300 GBP
20p ordinary	CFD	reducing a long position	90	11.6701 GBP
20p ordinary	CFD	reducing a long position	1,672	11.7490 GBP
20p ordinary	CFD	reducing a long position	20	11.8040 GBP
20p ordinary	CFD	reducing a long position	805	11.8180 GBP
20p ordinary	CFD	reducing a long position	23,260	11.8304 GBP
20p ordinary	CFD	reducing a long position	27,889	11.8304 GBP
20p ordinary	CFD	reducing a long position	607	11.8424 GBP
20p ordinary	CFD	reducing a long position	1,483	11.8424 GBP
20p ordinary	CFD	reducing a long position	3	11.8467 GBP
20p ordinary	CFD	reducing a long position	4,161	11.8666 GBP
20p ordinary	CFD	reducing a long position	1,720	11.8920 GBP
20p ordinary	CFD	reducing a long position	43,386	11.9000 GBP
20p ordinary	CFD	reducing a long position	7,317	11.9000 GBP
20p ordinary	CFD	reducing a long position	102	11.9000 GBP
20p ordinary	CFD	reducing a long position	100	11.9000 GBP
20p ordinary	CFD	reducing a long position	3	11.9000 GBP
20p ordinary	CFD	reducing a long position	473	11.9000 GBP
20p ordinary	CFD	reducing a long position	11,857	11.9003 GBP
20p ordinary	CFD	reducing a long position	905	11.9105 GBP
20p ordinary	CFD	reducing a short position	197	11.5742 GBP
20p ordinary	CFD	reducing a short position	243,138	11.6300 GBP
20p ordinary	CFD	reducing a short position	3,685	11.6462 GBP
20p ordinary	CFD	reducing a short position	1,000	11.6700 GBP
20p ordinary	CFD	reducing a short position	450	11.6854 GBP
20p ordinary	CFD	reducing a short position	559	11.6897 GBP
20p ordinary	CFD	reducing a short position	3,263	11.7495 GBP
20p ordinary	CFD	reducing a short position	52	11.7620 GBP
20p ordinary	CFD	reducing a short position	52	11.7795 GBP
20p ordinary	CFD	reducing a short position	4,707	11.7828 GBP
20p ordinary	CFD	reducing a short position	1,420	11.7909 GBP
20p ordinary	CFD	reducing a short position	3,549	11.8023 GBP
20p ordinary	CFD	reducing a short position	7,800	11.8254 GBP
20p ordinary	CFD	reducing a short position	93	11.8261 GBP
20p ordinary	CFD	reducing a short position	1,434	11.8350 GBP
20p ordinary	CFD	reducing a short position	103	11.8350 GBP
20p ordinary	CFD	reducing a short position	2	11.8350 GBP
20p ordinary	CFD	reducing a short position	2,066	11.8387 GBP
20p ordinary	CFD	reducing a short position	18,139	11.8387 GBP
20p ordinary	CFD	reducing a short position	66	11.8556 GBP
20p ordinary	CFD	reducing a short position	11	11.8577 GBP
20p ordinary	CFD	reducing a short position	42	11.8580 GBP
20p ordinary	CFD	reducing a short position	2,700	11.8582 GBP
20p ordinary	CFD	reducing a short position	167	11.8633 GBP
20p ordinary	CFD	reducing a short position	1,219	11.8646 GBP
20p ordinary	CFD	reducing a short position	729	11.8646 GBP
20p ordinary	CFD	reducing a short position	2,636	11.8646 GBP
20p ordinary	CFD	reducing a short position	202	11.8647 GBP
20p ordinary	CFD	reducing a short position	1,552	11.8970 GBP
20p ordinary	CFD	reducing a short position	13	11.8986 GBP
20p ordinary	CFD	reducing a short position	2,535	11.8986 GBP
20p ordinary	CFD	reducing a short position	10,347	11.8998 GBP
20p ordinary	CFD	reducing a short position	121	11.9001 GBP
20p ordinary	CFD	reducing a short position	2	11.9023 GBP
20p ordinary	CFD	reducing a short position	2,500	11.9034 GBP
20p ordinary	CFD	reducing a short position	1,969	11.9036 GBP
20p ordinary	CFD	reducing a short position	8	11.9384 GBP
20p ordinary	CFD	reducing a short position	10,000	11.9500 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	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	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

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:	27 June 2024
Contact name:	Craig Horsley
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END