Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

16 December 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:	13 December 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	192,733	12.9037 GBP	12.8887 GBP
20p ordinary	PURCHASES	3,132,486	12.9200 GBP	12.8896 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	2,548	12.8900 GBP
20p ordinary	CFD	increasing a long position	168	12.9000 GBP
20p ordinary	CFD	increasing a short position	2,983	12.8900 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8900 GBP
20p ordinary	CFD	increasing a short position	51,670	12.8900 GBP
20p ordinary	CFD	increasing a short position	498	12.8900 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8906 GBP
20p ordinary	CFD	increasing a short position	96	12.8930 GBP
20p ordinary	CFD	increasing a short position	1,781	12.8946 GBP
20p ordinary	CFD	increasing a short position	4,957	12.8946 GBP
20p ordinary	CFD	increasing a short position	5,849	12.8946 GBP
20p ordinary	CFD	increasing a short position	1,109	12.8946 GBP
20p ordinary	CFD	increasing a short position	6,039	12.8960 GBP
20p ordinary	CFD	increasing a short position	5,781	12.8963 GBP
20p ordinary	CFD	increasing a short position	764	12.8968 GBP
20p ordinary	CFD	increasing a short position	9,311	12.8974 GBP
20p ordinary	CFD	increasing a short position	783	12.8995 GBP
20p ordinary	CFD	increasing a short position	25,000	12.8995 GBP
20p ordinary	CFD	increasing a short position	18,287	12.9000 GBP
20p ordinary	CFD	increasing a short position	7,161	12.9000 GBP
20p ordinary	CFD	increasing a short position	1,477	12.9000 GBP
20p ordinary	CFD	increasing a short position	4,200	12.9000 GBP
20p ordinary	CFD	increasing a short position	20,846	12.9000 GBP
20p ordinary	CFD	increasing a short position	8,826	12.9000 GBP
20p ordinary	CFD	increasing a short position	5,064	12.9002 GBP
20p ordinary	CFD	increasing a short position	25,000	12.9065 GBP
20p ordinary	CFD	increasing a short position	1,740	12.9075 GBP
20p ordinary	CFD	increasing a short position	294,644	12.9090 GBP
20p ordinary	CFD	increasing a short position	74,382	12.9090 GBP
20p ordinary	CFD	increasing a short position	25,000	12.9100 GBP
20p ordinary	CFD	increasing a short position	25,000	12.9200 GBP
20p ordinary	CFD	reducing a long position	2,716	12.8900 GBP
20p ordinary	CFD	reducing a long position	1,022	12.8900 GBP
20p ordinary	CFD	reducing a long position	1	12.8900 GBP
20p ordinary	CFD	reducing a long position	2,240,499	12.9200 GBP
20p ordinary	CFD	reducing a short position	500	12.8887 GBP
20p ordinary	CFD	reducing a short position	2,996	12.8910 GBP
20p ordinary	CFD	reducing a short position	213	12.8923 GBP
20p ordinary	CFD	reducing a short position	4,884	12.8984 GBP
20p ordinary	CFD	reducing a short position	113	12.9000 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:	16 December 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