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

Morgan Stanley & Co. Int'l plc

12 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:	10 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	3,004,928	12.6500 GBP	12.5700 GBP
20p ordinary	SALES	2,723,645	12.6856 GBP	12.5685 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	57	12.5700 GBP
20p ordinary	CFD	increasing a long position	1,194	12.5700 GBP
20p ordinary	CFD	increasing a long position	36,514	12.5895 GBP
20p ordinary	CFD	increasing a long position	8,807	12.5896 GBP
20p ordinary	CFD	increasing a long position	13	12.6100 GBP
20p ordinary	CFD	increasing a long position	80	12.6146 GBP
20p ordinary	CFD	increasing a long position	708	12.6159 GBP
20p ordinary	CFD	increasing a long position	430	12.6254 GBP
20p ordinary	CFD	increasing a long position	350,766	12.6300 GBP
20p ordinary	CFD	increasing a long position	2,800	12.6391 GBP
20p ordinary	CFD	increasing a short position	200,212	12.5700 GBP
20p ordinary	CFD	increasing a short position	100,000	12.5700 GBP
20p ordinary	CFD	increasing a short position	13,928	12.5700 GBP
20p ordinary	CFD	increasing a short position	36	12.5700 GBP
20p ordinary	CFD	increasing a short position	3,998	12.5700 GBP
20p ordinary	CFD	increasing a short position	50,000	12.5712 GBP
20p ordinary	CFD	increasing a short position	10,231	12.5713 GBP
20p ordinary	CFD	increasing a short position	50,000	12.5754 GBP
20p ordinary	CFD	increasing a short position	50,000	12.5900 GBP
20p ordinary	CFD	increasing a short position	50,000	12.5927 GBP
20p ordinary	CFD	increasing a short position	681	12.6000 GBP
20p ordinary	CFD	increasing a short position	55,000	12.6000 GBP
20p ordinary	CFD	increasing a short position	141,484	12.6000 GBP
20p ordinary	CFD	increasing a short position	5	12.6034 GBP
20p ordinary	CFD	increasing a short position	51,630	12.6063 GBP
20p ordinary	CFD	increasing a short position	24,959	12.6063 GBP
20p ordinary	CFD	increasing a short position	150,000	12.6100 GBP
20p ordinary	CFD	increasing a short position	50,000	12.6200 GBP
20p ordinary	CFD	increasing a short position	10,195	12.6241 GBP
20p ordinary	CFD	increasing a short position	609	12.6285 GBP
20p ordinary	CFD	increasing a short position	6,214	12.6289 GBP
20p ordinary	CFD	increasing a short position	373	12.6298 GBP
20p ordinary	CFD	increasing a short position	9,696	12.6355 GBP
20p ordinary	CFD	increasing a short position	12,652	12.6357 GBP
20p ordinary	CFD	increasing a short position	8	12.6361 GBP
20p ordinary	CFD	increasing a short position	79	12.6384 GBP
20p ordinary	CFD	reducing a long position	30	12.5700 GBP
20p ordinary	CFD	reducing a long position	208	12.5700 GBP
20p ordinary	CFD	reducing a long position	13,497	12.6000 GBP
20p ordinary	CFD	reducing a long position	89,883	12.6067 GBP
20p ordinary	CFD	reducing a long position	9,558	12.6067 GBP
20p ordinary	CFD	reducing a long position	36,514	12.6134 GBP
20p ordinary	CFD	reducing a long position	21,820	12.6186 GBP
20p ordinary	CFD	reducing a long position	430	12.6220 GBP
20p ordinary	CFD	reducing a short position	20	12.5685 GBP
20p ordinary	CFD	reducing a short position	8,956	12.5690 GBP
20p ordinary	CFD	reducing a short position	1,992	12.5690 GBP
20p ordinary	CFD	reducing a short position	29,938	12.5690 GBP
20p ordinary	CFD	reducing a short position	3,303	12.5690 GBP
20p ordinary	CFD	reducing a short position	1,405	12.5690 GBP
20p ordinary	CFD	reducing a short position	13,630	12.5700 GBP
20p ordinary	CFD	reducing a short position	658	12.5700 GBP
20p ordinary	CFD	reducing a short position	27,060	12.5853 GBP
20p ordinary	CFD	reducing a short position	61	12.5993 GBP
20p ordinary	CFD	reducing a short position	180	12.6004 GBP
20p ordinary	CFD	reducing a short position	730	12.6043 GBP
20p ordinary	CFD	reducing a short position	28	12.6045 GBP
20p ordinary	CFD	reducing a short position	31	12.6046 GBP
20p ordinary	CFD	reducing a short position	87	12.6047 GBP
20p ordinary	CFD	reducing a short position	5,118	12.6047 GBP
20p ordinary	CFD	reducing a short position	3,872	12.6068 GBP
20p ordinary	CFD	reducing a short position	2,900	12.6075 GBP
20p ordinary	CFD	reducing a short position	23	12.6098 GBP
20p ordinary	CFD	reducing a short position	206	12.6129 GBP
20p ordinary	CFD	reducing a short position	141	12.6400 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:	12 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