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

Morgan Stanley & Co. Int'l plc

03 July 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:	01 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	207,300	11.9100 GBP	11.7495 GBP
20p ordinary	SALES	2,026,675	11.9100 GBP	11.7476 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	13,250	11.7500 GBP
20p ordinary	CFD	increasing a long position	60	11.7500 GBP
20p ordinary	CFD	increasing a long position	1,770	11.7840 GBP
20p ordinary	CFD	increasing a long position	26,566	11.7840 GBP
20p ordinary	CFD	increasing a long position	2,940	11.7867 GBP
20p ordinary	CFD	increasing a long position	7,251	11.7910 GBP
20p ordinary	CFD	increasing a long position	8,247	11.8644 GBP
20p ordinary	CFD	increasing a long position	798	11.8700 GBP
20p ordinary	CFD	increasing a long position	358	11.8700 GBP
20p ordinary	CFD	increasing a long position	1,164	11.8783 GBP
20p ordinary	CFD	increasing a long position	800,951	11.9100 GBP
20p ordinary	CFD	increasing a long position	1,080,742	11.9100 GBP
20p ordinary	CFD	increasing a short position	294	11.7500 GBP
20p ordinary	CFD	increasing a short position	1,310	11.7500 GBP
20p ordinary	CFD	increasing a short position	42,269	11.7500 GBP
20p ordinary	CFD	increasing a short position	4	11.7507 GBP
20p ordinary	CFD	increasing a short position	11,000	11.7512 GBP
20p ordinary	CFD	increasing a short position	10,000	11.7661 GBP
20p ordinary	CFD	increasing a short position	3,643	11.7983 GBP
20p ordinary	CFD	increasing a short position	74,941	11.8253 GBP
20p ordinary	CFD	increasing a short position	16	11.8400 GBP
20p ordinary	CFD	increasing a short position	1,914	11.8552 GBP
20p ordinary	CFD	increasing a short position	11	11.8700 GBP
20p ordinary	CFD	increasing a short position	587	11.8707 GBP
20p ordinary	CFD	increasing a short position	5,059	11.8735 GBP
20p ordinary	CFD	increasing a short position	3,669	11.8788 GBP
20p ordinary	CFD	increasing a short position	70	11.8800 GBP
20p ordinary	CFD	increasing a short position	25,334	11.8814 GBP
20p ordinary	CFD	increasing a short position	93	11.8828 GBP
20p ordinary	CFD	increasing a short position	38	11.8839 GBP
20p ordinary	CFD	increasing a short position	18	11.8847 GBP
20p ordinary	CFD	increasing a short position	11	11.8942 GBP
20p ordinary	CFD	increasing a short position	11	11.8995 GBP
20p ordinary	CFD	increasing a short position	3	11.9000 GBP
20p ordinary	CFD	increasing a short position	997	11.9006 GBP
20p ordinary	CFD	increasing a short position	22	11.9030 GBP
20p ordinary	CFD	increasing a short position	28	11.9092 GBP
20p ordinary	CFD	reducing a long position	338	11.7631 GBP
20p ordinary	CFD	reducing a long position	436	11.7651 GBP
20p ordinary	CFD	reducing a long position	6,800	11.7661 GBP
20p ordinary	CFD	reducing a long position	2,791	11.7708 GBP
20p ordinary	CFD	reducing a long position	71	11.7872 GBP
20p ordinary	CFD	reducing a long position	507	11.8505 GBP
20p ordinary	CFD	reducing a long position	650	11.8535 GBP
20p ordinary	CFD	reducing a short position	2,285	11.7477 GBP
20p ordinary	CFD	reducing a short position	15	11.7484 GBP
20p ordinary	CFD	reducing a short position	494	11.7498 GBP
20p ordinary	CFD	reducing a short position	116	11.7500 GBP
20p ordinary	CFD	reducing a short position	1,593	11.7500 GBP
20p ordinary	CFD	reducing a short position	202	11.7500 GBP
20p ordinary	CFD	reducing a short position	2,431	11.7655 GBP
20p ordinary	CFD	reducing a short position	15,535	11.7794 GBP
20p ordinary	CFD	reducing a short position	8,532	11.7838 GBP
20p ordinary	CFD	reducing a short position	6,500	11.7958 GBP
20p ordinary	CFD	reducing a short position	9,975	11.8458 GBP
20p ordinary	CFD	reducing a short position	2,019	11.8578 GBP
20p ordinary	CFD	reducing a short position	189	11.8590 GBP
20p ordinary	CFD	reducing a short position	6	11.8590 GBP
20p ordinary	CFD	reducing a short position	251	11.8591 GBP
20p ordinary	CFD	reducing a short position	2	11.8663 GBP
20p ordinary	CFD	reducing a short position	705	11.8714 GBP
20p ordinary	CFD	reducing a short position	5	11.8740 GBP
20p ordinary	CFD	reducing a short position	16	11.8813 GBP
20p ordinary	CFD	reducing a short position	326	11.8817 GBP
20p ordinary	CFD	reducing a short position	233	11.8868 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:	03 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