Form 8.5 (EPT/RI)- Replacement of Britvic plc

Morgan Stanley & Co. Int'l plc

25 June 2024

 

AMENDMENT(2(a), 2(b))

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:	21 June 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	3,043,035	11.7000 GBP	10.6600 GBP
20p ordinary	SALES	1,054,486	11.7400 GBP	10.6800 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	1,182	10.9158 GBP
20p ordinary	CFD	increasing a long position	4,177	10.9400 GBP
20p ordinary	CFD	increasing a long position	612	10.9400 GBP
20p ordinary	CFD	increasing a long position	9,509	10.9400 GBP
20p ordinary	CFD	increasing a long position	87	10.9400 GBP
20p ordinary	CFD	increasing a long position	390	10.9400 GBP
20p ordinary	CFD	increasing a long position	982	10.9400 GBP
20p ordinary	CFD	increasing a long position	23,655	10.9421 GBP
20p ordinary	CFD	increasing a long position	575	10.9593 GBP
20p ordinary	CFD	increasing a long position	45	10.9787 GBP
20p ordinary	CFD	increasing a long position	1,118	10.9879 GBP
20p ordinary	CFD	increasing a long position	8,290	11.0029 GBP
20p ordinary	CFD	increasing a long position	134	11.0149 GBP
20p ordinary	CFD	increasing a long position	793	11.0150 GBP
20p ordinary	CFD	increasing a long position	10,969	11.1149 GBP
20p ordinary	CFD	increasing a long position	49,410	11.1922 GBP
20p ordinary	CFD	increasing a long position	33,006	11.1922 GBP
20p ordinary	CFD	increasing a long position	23,197	11.1922 GBP
20p ordinary	CFD	increasing a long position	400	11.2097 GBP
20p ordinary	CFD	increasing a long position	4,850	11.3688 GBP
20p ordinary	CFD	increasing a long position	38,804	11.3710 GBP
20p ordinary	CFD	increasing a long position	516	11.4202 GBP
20p ordinary	CFD	increasing a long position	303	11.4267 GBP
20p ordinary	CFD	increasing a long position	797	11.4650 GBP
20p ordinary	CFD	increasing a long position	63,710	11.4928 GBP
20p ordinary	CFD	increasing a long position	7	11.4989 GBP
20p ordinary	CFD	increasing a long position	20	11.6495 GBP
20p ordinary	CFD	increasing a long position	1,325	11.6638 GBP
20p ordinary	CFD	increasing a short position	2,515	10.7972 GBP
20p ordinary	CFD	increasing a short position	30,487	10.9359 GBP
20p ordinary	CFD	increasing a short position	119,513	10.9359 GBP
20p ordinary	CFD	increasing a short position	4,307	10.9400 GBP
20p ordinary	CFD	increasing a short position	1,576	10.9400 GBP
20p ordinary	CFD	increasing a short position	5,481	10.9423 GBP
20p ordinary	CFD	increasing a short position	6,961	10.9426 GBP
20p ordinary	CFD	increasing a short position	220	10.9464 GBP
20p ordinary	CFD	increasing a short position	40,194	10.9588 GBP
20p ordinary	CFD	increasing a short position	202,671	10.9588 GBP
20p ordinary	CFD	increasing a short position	159,350	10.9807 GBP
20p ordinary	CFD	increasing a short position	40,650	10.9807 GBP
20p ordinary	CFD	increasing a short position	212,580	11.0077 GBP
20p ordinary	CFD	increasing a short position	142,007	11.0077 GBP
20p ordinary	CFD	increasing a short position	99,800	11.0077 GBP
20p ordinary	CFD	increasing a short position	91,206	11.0563 GBP
20p ordinary	CFD	increasing a short position	357,535	11.0563 GBP
20p ordinary	CFD	increasing a short position	26	11.0769 GBP
20p ordinary	CFD	increasing a short position	12,282	11.1175 GBP
20p ordinary	CFD	increasing a short position	50,000	11.1588 GBP
20p ordinary	CFD	increasing a short position	40,650	11.2839 GBP
20p ordinary	CFD	increasing a short position	159,350	11.2839 GBP
20p ordinary	CFD	increasing a short position	50,000	11.3263 GBP
20p ordinary	CFD	increasing a short position	5,000	11.3860 GBP
20p ordinary	CFD	increasing a short position	4,414	11.6370 GBP
20p ordinary	CFD	increasing a short position	31,253	11.6475 GBP
20p ordinary	CFD	increasing a short position	21,964	11.6475 GBP
20p ordinary	CFD	increasing a short position	46,783	11.6475 GBP
20p ordinary	CFD	increasing a short position	100,000	11.6896 GBP
20p ordinary	CFD	reducing a long position	13,580	10.8086 GBP
20p ordinary	CFD	reducing a long position	200	10.8254 GBP
20p ordinary	CFD	reducing a long position	2,525	10.9399 GBP
20p ordinary	CFD	reducing a long position	4,176	10.9400 GBP
20p ordinary	CFD	reducing a long position	5,233	10.9400 GBP
20p ordinary	CFD	reducing a long position	784	10.9400 GBP
20p ordinary	CFD	reducing a long position	1,516	10.9400 GBP
20p ordinary	CFD	reducing a long position	5,709	10.9407 GBP
20p ordinary	CFD	reducing a long position	14,355	10.9411 GBP
20p ordinary	CFD	reducing a long position	1,188	10.9423 GBP
20p ordinary	CFD	reducing a long position	1,509	10.9426 GBP
20p ordinary	CFD	reducing a long position	12,060	10.9529 GBP
20p ordinary	CFD	reducing a long position	1,312	10.9607 GBP
20p ordinary	CFD	reducing a long position	55,923	10.9878 GBP
20p ordinary	CFD	reducing a long position	31,950	10.9918 GBP
20p ordinary	CFD	reducing a long position	75,820	11.0064 GBP
20p ordinary	CFD	reducing a long position	10,259	11.0176 GBP
20p ordinary	CFD	reducing a long position	10,788	11.0273 GBP
20p ordinary	CFD	reducing a long position	392	11.0347 GBP
20p ordinary	CFD	reducing a long position	123,840	11.0454 GBP
20p ordinary	CFD	reducing a long position	46,783	11.0652 GBP
20p ordinary	CFD	reducing a long position	21,964	11.0652 GBP
20p ordinary	CFD	reducing a long position	31,253	11.0652 GBP
20p ordinary	CFD	reducing a long position	2	11.0718 GBP
20p ordinary	CFD	reducing a long position	1,318	11.0810 GBP
20p ordinary	CFD	reducing a long position	258	11.0834 GBP
20p ordinary	CFD	reducing a long position	1,724	11.1089 GBP
20p ordinary	CFD	reducing a long position	2,076	11.1089 GBP
20p ordinary	CFD	reducing a long position	2,164	11.1175 GBP
20p ordinary	CFD	reducing a long position	3,848	11.2130 GBP
20p ordinary	CFD	reducing a long position	1	11.2701 GBP
20p ordinary	CFD	reducing a long position	47,087	11.2896 GBP
20p ordinary	CFD	reducing a long position	5	11.3222 GBP
20p ordinary	CFD	reducing a long position	3	11.5007 GBP
20p ordinary	CFD	reducing a long position	1,707	11.5012 GBP
20p ordinary	CFD	reducing a long position	432	11.5500 GBP
20p ordinary	CFD	reducing a long position	185	11.5566 GBP
20p ordinary	CFD	reducing a long position	38,804	11.6082 GBP
20p ordinary	CFD	reducing a long position	1,233	11.6475 GBP
20p ordinary	CFD	reducing a long position	2,627	11.6475 GBP
20p ordinary	CFD	reducing a long position	1,753	11.6475 GBP
20p ordinary	CFD	reducing a long position	40,034	11.6584 GBP
20p ordinary	CFD	reducing a long position	10,537	11.6706 GBP
20p ordinary	CFD	reducing a short position	944	10.7600 GBP
20p ordinary	CFD	reducing a short position	6,936	10.9390 GBP
20p ordinary	CFD	reducing a short position	1,884	10.9398 GBP
20p ordinary	CFD	reducing a short position	149	10.9400 GBP
20p ordinary	CFD	reducing a short position	30,850	10.9400 GBP
20p ordinary	CFD	reducing a short position	203	10.9400 GBP
20p ordinary	CFD	reducing a short position	222	10.9400 GBP
20p ordinary	CFD	reducing a short position	15	10.9400 GBP
20p ordinary	CFD	reducing a short position	1,586	10.9400 GBP
20p ordinary	CFD	reducing a short position	121	10.9400 GBP
20p ordinary	CFD	reducing a short position	4,290	10.9400 GBP
20p ordinary	CFD	reducing a short position	17	10.9712 GBP
20p ordinary	CFD	reducing a short position	686	10.9834 GBP
20p ordinary	CFD	reducing a short position	2,515	10.9850 GBP
20p ordinary	CFD	reducing a short position	4,710	11.0032 GBP
20p ordinary	CFD	reducing a short position	11,663	11.0205 GBP
20p ordinary	CFD	reducing a short position	6,173	11.0307 GBP
20p ordinary	CFD	reducing a short position	3,479	11.0714 GBP
20p ordinary	CFD	reducing a short position	10,683	11.0813 GBP
20p ordinary	CFD	reducing a short position	1,217	11.0813 GBP
20p ordinary	CFD	reducing a short position	100,000	11.1656 GBP
20p ordinary	CFD	reducing a short position	7,900	11.1924 GBP
20p ordinary	CFD	reducing a short position	240	11.1924 GBP
20p ordinary	CFD	reducing a short position	2,317	11.1924 GBP
20p ordinary	CFD	reducing a short position	865	11.1924 GBP
20p ordinary	CFD	reducing a short position	324	11.1924 GBP
20p ordinary	CFD	reducing a short position	300	11.2239 GBP
20p ordinary	CFD	reducing a short position	4,363	11.3964 GBP
20p ordinary	CFD	reducing a short position	5,800	11.5307 GBP
20p ordinary	CFD	reducing a short position	5,000	11.6300 GBP
20p ordinary	CFD	reducing a short position	1,910	11.6521 GBP
20p ordinary	CFD	reducing a short position	265	11.6521 GBP
20p ordinary	CFD	reducing a short position	6,516	11.6521 GBP
20p ordinary	CFD	reducing a short position	713	11.6521 GBP
20p ordinary	CFD	reducing a short position	197	11.6521 GBP
20p ordinary	CFD	reducing a short position	6,517	11.6627 GBP
20p ordinary	CFD	reducing a short position	197	11.6627 GBP
20p ordinary	CFD	reducing a short position	713	11.6627 GBP
20p ordinary	CFD	reducing a short position	1,910	11.6627 GBP
20p ordinary	CFD	reducing a short position	265	11.6627 GBP
20p ordinary	CFD	reducing a short position	441	11.6642 GBP
20p ordinary	CFD	reducing a short position	1,591	11.6642 GBP
20p ordinary	CFD	reducing a short position	14,530	11.6642 GBP
20p ordinary	CFD	reducing a short position	4,261	11.6642 GBP
20p ordinary	CFD	reducing a short position	594	11.6642 GBP
20p ordinary	CFD	reducing a short position	394	11.6687 GBP
20p ordinary	CFD	reducing a short position	1,426	11.6687 GBP
20p ordinary	CFD	reducing a short position	13,032	11.6687 GBP
20p ordinary	CFD	reducing a short position	3,820	11.6687 GBP
20p ordinary	CFD	reducing a short position	532	11.6687 GBP
20p ordinary	CFD	reducing a short position	3,055	11.6696 GBP
20p ordinary	CFD	reducing a short position	2,000	11.6762 GBP
20p ordinary	CFD	reducing a short position	4,000	11.6775 GBP
20p ordinary	CFD	reducing a short position	54	11.6889 GBP
20p ordinary	CFD	reducing a short position	73	11.6889 GBP
20p ordinary	CFD	reducing a short position	1,805	11.6889 GBP
20p ordinary	CFD	reducing a short position	528	11.6889 GBP
20p ordinary	CFD	reducing a short position	197	11.6889 GBP
20p ordinary	CFD	reducing a short position	5,000	11.6900 GBP
20p ordinary	CFD	reducing a short position	235	11.6936 GBP
20p ordinary	CFD	reducing a short position	32	11.6936 GBP
20p ordinary	CFD	reducing a short position	24	11.6936 GBP
20p ordinary	CFD	reducing a short position	88	11.6936 GBP
20p ordinary	CFD	reducing a short position	806	11.6936 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:	25 June 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