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

Morgan Stanley & Co. Int'l plc

31 October 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:	29 October 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	596,519	12.8200 GBP	12.7900 GBP
20p ordinary	SALES	1,674,733	12.8200 GBP	12.7889 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	1,970	12.7999 GBP
20p ordinary	CFD	increasing a long position	1,343	12.8000 GBP
20p ordinary	CFD	increasing a long position	54	12.8000 GBP
20p ordinary	CFD	increasing a long position	2	12.8000 GBP
20p ordinary	CFD	increasing a long position	540	12.8007 GBP
20p ordinary	CFD	increasing a long position	557	12.8016 GBP
20p ordinary	CFD	increasing a short position	938	12.7906 GBP
20p ordinary	CFD	increasing a short position	10,000	12.7964 GBP
20p ordinary	CFD	increasing a short position	47	12.8000 GBP
20p ordinary	CFD	increasing a short position	7	12.8000 GBP
20p ordinary	CFD	increasing a short position	987	12.8000 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8000 GBP
20p ordinary	CFD	increasing a short position	2,409	12.8004 GBP
20p ordinary	CFD	increasing a short position	54,000	12.8006 GBP
20p ordinary	CFD	increasing a short position	106	12.8034 GBP
20p ordinary	CFD	increasing a short position	4	12.8050 GBP
20p ordinary	CFD	increasing a short position	10,000	12.8064 GBP
20p ordinary	CFD	increasing a short position	20	12.8065 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8100 GBP
20p ordinary	CFD	increasing a short position	65,000	12.8127 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8200 GBP
20p ordinary	CFD	reducing a long position	1,343	12.8000 GBP
20p ordinary	CFD	reducing a long position	1	12.8000 GBP
20p ordinary	CFD	reducing a long position	266	12.8016 GBP
20p ordinary	CFD	reducing a short position	19	12.7890 GBP
20p ordinary	CFD	reducing a short position	4	12.7917 GBP
20p ordinary	CFD	reducing a short position	453,129	12.7986 GBP
20p ordinary	CFD	reducing a short position	37,179	12.8000 GBP
20p ordinary	CFD	reducing a short position	1,154	12.8007 GBP
20p ordinary	CFD	reducing a short position	911	12.8009 GBP
20p ordinary	CFD	reducing a short position	698	12.8012 GBP
20p ordinary	CFD	reducing a short position	15,848	12.8014 GBP
20p ordinary	CFD	reducing a short position	13,976	12.8030 GBP
20p ordinary	CFD	reducing a short position	325,544	12.8035 GBP
20p ordinary	CFD	reducing a short position	181,657	12.8042 GBP
20p ordinary	CFD	reducing a short position	573,572	12.8050 GBP
20p ordinary	CFD	reducing a short position	1,021	12.8066 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:	31 October 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