Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

21 October 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:	18 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	223,540	12.8602 GBP	12.8216 GBP
20p ordinary	SALES	52,489	12.8605 GBP	12.8235 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	1,024	12.8393 GBP
20p ordinary	CFD	increasing a long position	192	12.8600 GBP
20p ordinary	CFD	increasing a long position	289	12.8600 GBP
20p ordinary	CFD	increasing a short position	449	12.8256 GBP
20p ordinary	CFD	increasing a short position	3,606	12.8264 GBP
20p ordinary	CFD	increasing a short position	4,500	12.8264 GBP
20p ordinary	CFD	increasing a short position	7,181	12.8264 GBP
20p ordinary	CFD	increasing a short position	2,155	12.8264 GBP
20p ordinary	CFD	increasing a short position	1	12.8300 GBP
20p ordinary	CFD	increasing a short position	61	12.8307 GBP
20p ordinary	CFD	increasing a short position	222	12.8309 GBP
20p ordinary	CFD	increasing a short position	371	12.8309 GBP
20p ordinary	CFD	increasing a short position	3,605	12.8310 GBP
20p ordinary	CFD	increasing a short position	7,179	12.8310 GBP
20p ordinary	CFD	increasing a short position	4,498	12.8310 GBP
20p ordinary	CFD	increasing a short position	2,154	12.8310 GBP
20p ordinary	CFD	increasing a short position	993	12.8313 GBP
20p ordinary	CFD	increasing a short position	959	12.8313 GBP
20p ordinary	CFD	increasing a short position	687	12.8317 GBP
20p ordinary	CFD	increasing a short position	3,852	12.8336 GBP
20p ordinary	CFD	increasing a short position	4,499	12.8363 GBP
20p ordinary	CFD	increasing a short position	7,179	12.8363 GBP
20p ordinary	CFD	increasing a short position	2,154	12.8363 GBP
20p ordinary	CFD	increasing a short position	3,605	12.8363 GBP
20p ordinary	CFD	increasing a short position	7,180	12.8364 GBP
20p ordinary	CFD	increasing a short position	4,499	12.8364 GBP
20p ordinary	CFD	increasing a short position	2,154	12.8364 GBP
20p ordinary	CFD	increasing a short position	3,605	12.8364 GBP
20p ordinary	CFD	increasing a short position	1,776	12.8371 GBP
20p ordinary	CFD	increasing a short position	907	12.8400 GBP
20p ordinary	CFD	increasing a short position	14	12.8600 GBP
20p ordinary	CFD	increasing a short position	293	12.8600 GBP
20p ordinary	CFD	increasing a short position	4,068	12.8602 GBP
20p ordinary	CFD	reducing a long position	5,035	12.8436 GBP
20p ordinary	CFD	reducing a long position	14,891	12.8484 GBP
20p ordinary	CFD	reducing a long position	808	12.8600 GBP
20p ordinary	CFD	reducing a long position	1,294	12.8602 GBP
20p ordinary	CFD	reducing a short position	1,631,584	12.8200 GBP
20p ordinary	CFD	reducing a short position	580	12.8297 GBP
20p ordinary	CFD	reducing a short position	12,530	12.8429 GBP
20p ordinary	CFD	reducing a short position	1,187	12.8600 GBP
20p ordinary	CFD	reducing a short position	1,739	12.8600 GBP
20p ordinary	CFD	reducing a short position	671	12.8600 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:	21 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