Form 8.5 (EPT/RI)- Britvic plc

Morgan Stanley & Co. Int'l plc

02 August 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:	01 August 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	SALES	117,869	12.7100 GBP	12.6600 GBP
20p ordinary	PURCHASES	206,301	12.7200 GBP	12.6600 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	24,806	12.6700 GBP
20p ordinary	CFD	increasing a long position	187	12.6700 GBP
20p ordinary	CFD	increasing a long position	2,100	12.6873 GBP
20p ordinary	CFD	increasing a short position	516	12.6654 GBP
20p ordinary	CFD	increasing a short position	200,000	12.6689 GBP
20p ordinary	CFD	increasing a short position	2	12.6700 GBP
20p ordinary	CFD	increasing a short position	7,826	12.6700 GBP
20p ordinary	CFD	increasing a short position	67,387	12.6700 GBP
20p ordinary	CFD	increasing a short position	675	12.6710 GBP
20p ordinary	CFD	increasing a short position	863	12.6713 GBP
20p ordinary	CFD	increasing a short position	994	12.6743 GBP
20p ordinary	CFD	increasing a short position	30,002	12.6745 GBP
20p ordinary	CFD	increasing a short position	4,718	12.6805 GBP
20p ordinary	CFD	increasing a short position	114,832	12.6812 GBP
20p ordinary	CFD	increasing a short position	50,000	12.6827 GBP
20p ordinary	CFD	increasing a short position	516	12.6854 GBP
20p ordinary	CFD	increasing a short position	1,785	12.6886 GBP
20p ordinary	CFD	increasing a short position	14,446	12.7003 GBP
20p ordinary	CFD	increasing a short position	115	12.7111 GBP
20p ordinary	CFD	reducing a long position	13	12.6696 GBP
20p ordinary	CFD	reducing a long position	59	12.6700 GBP
20p ordinary	CFD	reducing a long position	269	12.6700 GBP
20p ordinary	CFD	reducing a long position	69	12.6700 GBP
20p ordinary	CFD	reducing a long position	98	12.6702 GBP
20p ordinary	CFD	reducing a long position	37,534	12.6749 GBP
20p ordinary	CFD	reducing a long position	657	12.6795 GBP
20p ordinary	CFD	reducing a long position	41	12.6810 GBP
20p ordinary	CFD	reducing a long position	7,590	12.6848 GBP
20p ordinary	CFD	reducing a long position	183	12.6943 GBP
20p ordinary	CFD	reducing a short position	1,259	12.6656 GBP
20p ordinary	CFD	reducing a short position	8,858	12.6700 GBP
20p ordinary	CFD	reducing a short position	20	12.6700 GBP
20p ordinary	CFD	reducing a short position	251	12.6700 GBP
20p ordinary	CFD	reducing a short position	672	12.6728 GBP
20p ordinary	CFD	reducing a short position	656	12.6736 GBP
20p ordinary	CFD	reducing a short position	201	12.6736 GBP
20p ordinary	CFD	reducing a short position	9	12.6736 GBP
20p ordinary	CFD	reducing a short position	31,008	12.6736 GBP
20p ordinary	CFD	reducing a short position	28	12.6754 GBP
20p ordinary	CFD	reducing a short position	8,100	12.6818 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:	02 August 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