Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

04 July 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:	03 July 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	246,559	12.0700 GBP	11.8400 GBP
20p ordinary	SALES	153,635	12.0701 GBP	11.8400 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	2	11.8550 GBP
20p ordinary	CFD	increasing a long position	49,622	11.8714 GBP
20p ordinary	CFD	increasing a long position	96	11.8783 GBP
20p ordinary	CFD	increasing a long position	1,400	11.8921 GBP
20p ordinary	CFD	increasing a long position	73	11.8932 GBP
20p ordinary	CFD	increasing a long position	5	11.9200 GBP
20p ordinary	CFD	increasing a long position	25,982	11.9961 GBP
20p ordinary	CFD	increasing a long position	2,763	11.9961 GBP
20p ordinary	CFD	increasing a long position	5,238	11.9978 GBP
20p ordinary	CFD	increasing a long position	1,133	12.0215 GBP
20p ordinary	CFD	increasing a long position	676	12.0216 GBP
20p ordinary	CFD	increasing a long position	1,027	12.0700 GBP
20p ordinary	CFD	increasing a long position	49	12.0700 GBP
20p ordinary	CFD	increasing a long position	8	12.0700 GBP
20p ordinary	CFD	increasing a long position	19,920	12.0700 GBP
20p ordinary	CFD	increasing a short position	32	11.8611 GBP
20p ordinary	CFD	increasing a short position	3	11.8676 GBP
20p ordinary	CFD	increasing a short position	60,000	11.8697 GBP
20p ordinary	CFD	increasing a short position	57	11.8709 GBP
20p ordinary	CFD	increasing a short position	44	11.8783 GBP
20p ordinary	CFD	increasing a short position	80	11.8801 GBP
20p ordinary	CFD	increasing a short position	1,675	11.8870 GBP
20p ordinary	CFD	increasing a short position	56	11.8885 GBP
20p ordinary	CFD	increasing a short position	155	11.8926 GBP
20p ordinary	CFD	increasing a short position	60	11.8927 GBP
20p ordinary	CFD	increasing a short position	14	11.8927 GBP
20p ordinary	CFD	increasing a short position	1	11.8927 GBP
20p ordinary	CFD	increasing a short position	6	11.8927 GBP
20p ordinary	CFD	increasing a short position	43	11.8995 GBP
20p ordinary	CFD	increasing a short position	43,000	11.9002 GBP
20p ordinary	CFD	increasing a short position	2	11.9100 GBP
20p ordinary	CFD	increasing a short position	243	11.9211 GBP
20p ordinary	CFD	increasing a short position	578	11.9212 GBP
20p ordinary	CFD	increasing a short position	95	11.9744 GBP
20p ordinary	CFD	increasing a short position	5	11.9799 GBP
20p ordinary	CFD	increasing a short position	1,233	11.9822 GBP
20p ordinary	CFD	increasing a short position	24,023	12.0301 GBP
20p ordinary	CFD	increasing a short position	4,556	12.0700 GBP
20p ordinary	CFD	increasing a short position	46	12.0700 GBP
20p ordinary	CFD	increasing a short position	16,230	12.0712 GBP
20p ordinary	CFD	increasing a short position	71	12.0713 GBP
20p ordinary	CFD	reducing a long position	2	11.8925 GBP
20p ordinary	CFD	reducing a long position	6,025	11.8991 GBP
20p ordinary	CFD	reducing a long position	170	11.9660 GBP
20p ordinary	CFD	reducing a long position	2,341	12.0101 GBP
20p ordinary	CFD	reducing a long position	20,016	12.0700 GBP
20p ordinary	CFD	reducing a long position	3	12.0700 GBP
20p ordinary	CFD	reducing a short position	3,138	11.8458 GBP
20p ordinary	CFD	reducing a short position	24	11.8854 GBP
20p ordinary	CFD	reducing a short position	34	11.8884 GBP
20p ordinary	CFD	reducing a short position	6,354	11.8993 GBP
20p ordinary	CFD	reducing a short position	6,710	11.9801 GBP
20p ordinary	CFD	reducing a short position	1,200	11.9804 GBP
20p ordinary	CFD	reducing a short position	1,233	12.0005 GBP
20p ordinary	CFD	reducing a short position	360	12.0151 GBP
20p ordinary	CFD	reducing a short position	1,168	12.0179 GBP
20p ordinary	CFD	reducing a short position	20,200	12.0688 GBP
20p ordinary	CFD	reducing a short position	3,330	12.0690 GBP
20p ordinary	CFD	reducing a short position	250	12.0700 GBP
20p ordinary	CFD	reducing a short position	5,000	12.0700 GBP
20p ordinary	CFD	reducing a short position	9	12.0700 GBP
20p ordinary	CFD	reducing a short position	1,541	12.0700 GBP
20p ordinary	CFD	reducing a short position	15	12.0700 GBP
20p ordinary	CFD	reducing a short position	31	12.0701 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:	04 July 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