Form 8.5 (EPT/RI)- Britvic plc

Morgan Stanley & Co. Int'l plc

04 November 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 November 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	463,242	12.8000 GBP	12.7800 GBP
20p ordinary	SALES	879,040	12.8000 GBP	12.7786 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	655,831	12.7900 GBP
20p ordinary	CFD	increasing a long position	9,056	12.7908 GBP
20p ordinary	CFD	increasing a long position	8	12.8000 GBP
20p ordinary	CFD	increasing a long position	511	12.8000 GBP
20p ordinary	CFD	increasing a short position	47,958	12.7800 GBP
20p ordinary	CFD	increasing a short position	7,489	12.7864 GBP
20p ordinary	CFD	increasing a short position	4,104	12.7865 GBP
20p ordinary	CFD	increasing a short position	31	12.7868 GBP
20p ordinary	CFD	increasing a short position	52	12.7873 GBP
20p ordinary	CFD	increasing a short position	1,369	12.7877 GBP
20p ordinary	CFD	increasing a short position	13,702	12.7877 GBP
20p ordinary	CFD	increasing a short position	100,000	12.7889 GBP
20p ordinary	CFD	increasing a short position	5,349	12.7920 GBP
20p ordinary	CFD	increasing a short position	100,000	12.7940 GBP
20p ordinary	CFD	increasing a short position	27,991	12.7978 GBP
20p ordinary	CFD	increasing a short position	32,517	12.7978 GBP
20p ordinary	CFD	increasing a short position	139,492	12.7978 GBP
20p ordinary	CFD	increasing a short position	52	12.8000 GBP
20p ordinary	CFD	increasing a short position	512	12.8000 GBP
20p ordinary	CFD	reducing a long position	8	12.8000 GBP
20p ordinary	CFD	reducing a long position	1,901	12.8000 GBP
20p ordinary	CFD	reducing a short position	106,100	12.7786 GBP
20p ordinary	CFD	reducing a short position	9	12.7830 GBP
20p ordinary	CFD	reducing a short position	5,322	12.7864 GBP
20p ordinary	CFD	reducing a short position	60	12.7887 GBP
20p ordinary	CFD	reducing a short position	14,589	12.7889 GBP
20p ordinary	CFD	reducing a short position	13,910	12.7890 GBP
20p ordinary	CFD	reducing a short position	1,262	12.7911 GBP
20p ordinary	CFD	reducing a short position	29,810	12.7942 GBP
20p ordinary	CFD	reducing a short position	224	12.8000 GBP
20p ordinary	CFD	reducing a short position	277	12.8000 GBP
20p ordinary	CFD	reducing a short position	13	12.8004 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 November 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