Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

10 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:	09 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	3,887,994	12.6809 GBP	12.6190 GBP
20p ordinary	SALES	1,669,887	12.7031 GBP	12.6170 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	55	12.6200 GBP
20p ordinary	CFD	increasing a long position	490	12.6241 GBP
20p ordinary	CFD	increasing a long position	293	12.6243 GBP
20p ordinary	CFD	increasing a long position	1,154	12.6258 GBP
20p ordinary	CFD	increasing a long position	11,749	12.6354 GBP
20p ordinary	CFD	increasing a long position	377	12.6362 GBP
20p ordinary	CFD	increasing a long position	53	12.6370 GBP
20p ordinary	CFD	increasing a long position	6,238	12.6449 GBP
20p ordinary	CFD	increasing a long position	16,521	12.6461 GBP
20p ordinary	CFD	increasing a long position	3,200	12.6507 GBP
20p ordinary	CFD	increasing a long position	292,419	12.6800 GBP
20p ordinary	CFD	increasing a long position	17	12.7098 GBP
20p ordinary	CFD	increasing a short position	3	12.6191 GBP
20p ordinary	CFD	increasing a short position	296	12.6200 GBP
20p ordinary	CFD	increasing a short position	50,971	12.6200 GBP
20p ordinary	CFD	increasing a short position	400	12.6200 GBP
20p ordinary	CFD	increasing a short position	15,666	12.6200 GBP
20p ordinary	CFD	increasing a short position	205,239	12.6200 GBP
20p ordinary	CFD	increasing a short position	2,820	12.6213 GBP
20p ordinary	CFD	increasing a short position	11	12.6311 GBP
20p ordinary	CFD	increasing a short position	1,493	12.6314 GBP
20p ordinary	CFD	increasing a short position	35,918	12.6321 GBP
20p ordinary	CFD	increasing a short position	15,283	12.6430 GBP
20p ordinary	CFD	increasing a short position	150,000	12.6467 GBP
20p ordinary	CFD	increasing a short position	299	12.6506 GBP
20p ordinary	CFD	increasing a short position	1,853	12.6513 GBP
20p ordinary	CFD	increasing a short position	10,000	12.6516 GBP
20p ordinary	CFD	increasing a short position	331	12.6531 GBP
20p ordinary	CFD	increasing a short position	4	12.6575 GBP
20p ordinary	CFD	increasing a short position	3	12.6594 GBP
20p ordinary	CFD	increasing a short position	80,000	12.6599 GBP
20p ordinary	CFD	increasing a short position	46,246	12.6615 GBP
20p ordinary	CFD	increasing a short position	1,940	12.6626 GBP
20p ordinary	CFD	increasing a short position	7,822	12.6642 GBP
20p ordinary	CFD	increasing a short position	7,732	12.6661 GBP
20p ordinary	CFD	increasing a short position	106,003	12.6990 GBP
20p ordinary	CFD	reducing a long position	7,689	12.6199 GBP
20p ordinary	CFD	reducing a long position	17	12.6200 GBP
20p ordinary	CFD	reducing a long position	2,115	12.6289 GBP
20p ordinary	CFD	reducing a long position	12,583	12.6313 GBP
20p ordinary	CFD	reducing a long position	62,538	12.6376 GBP
20p ordinary	CFD	reducing a long position	6,651	12.6376 GBP
20p ordinary	CFD	reducing a long position	6,238	12.6500 GBP
20p ordinary	CFD	reducing a long position	8,247	12.6500 GBP
20p ordinary	CFD	reducing a long position	193	12.6529 GBP
20p ordinary	CFD	reducing a long position	16,521	12.6586 GBP
20p ordinary	CFD	reducing a long position	12,375	12.6673 GBP
20p ordinary	CFD	reducing a long position	1,029,082	12.6800 GBP
20p ordinary	CFD	reducing a short position	22,993	12.6197 GBP
20p ordinary	CFD	reducing a short position	4,144	12.6200 GBP
20p ordinary	CFD	reducing a short position	20,159	12.6200 GBP
20p ordinary	CFD	reducing a short position	70	12.6200 GBP
20p ordinary	CFD	reducing a short position	14,946	12.6200 GBP
20p ordinary	CFD	reducing a short position	4	12.6314 GBP
20p ordinary	CFD	reducing a short position	600	12.6336 GBP
20p ordinary	CFD	reducing a short position	13,699	12.6372 GBP
20p ordinary	CFD	reducing a short position	13	12.6389 GBP
20p ordinary	CFD	reducing a short position	38	12.6389 GBP
20p ordinary	CFD	reducing a short position	2,445	12.6389 GBP
20p ordinary	CFD	reducing a short position	15	12.6400 GBP
20p ordinary	CFD	reducing a short position	9,907	12.6401 GBP
20p ordinary	CFD	reducing a short position	1,754	12.6489 GBP
20p ordinary	CFD	reducing a short position	720	12.6496 GBP
20p ordinary	CFD	reducing a short position	17	12.6498 GBP
20p ordinary	CFD	reducing a short position	241	12.6503 GBP
20p ordinary	CFD	reducing a short position	15,500	12.6504 GBP
20p ordinary	CFD	reducing a short position	15	12.6587 GBP
20p ordinary	CFD	reducing a short position	270	12.6587 GBP
20p ordinary	CFD	reducing a short position	3,018	12.6638 GBP
20p ordinary	CFD	reducing a short position	165	12.6696 GBP
20p ordinary	CFD	reducing a short position	118	12.7098 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:	10 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