Form 8.5 (EPT/RI)-Britvic plc

Morgan Stanley & Co. Int'l plc

18 November 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:	15 November 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	SALES	1,263,614	12.8853 GBP	12.8587 GBP
20p ordinary	PURCHASES	366,010	12.8885 GBP	12.8600 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	7,161	12.8614 GBP
20p ordinary	CFD	increasing a long position	4,510	12.8623 GBP
20p ordinary	CFD	increasing a long position	84	12.8635 GBP
20p ordinary	CFD	increasing a long position	4,204	12.8700 GBP
20p ordinary	CFD	increasing a long position	470,902	12.8700 GBP
20p ordinary	CFD	increasing a short position	27,573	12.8600 GBP
20p ordinary	CFD	increasing a short position	70,964	12.8600 GBP
20p ordinary	CFD	increasing a short position	2,048	12.8600 GBP
20p ordinary	CFD	increasing a short position	57	12.8600 GBP
20p ordinary	CFD	increasing a short position	50,000	12.8600 GBP
20p ordinary	CFD	increasing a short position	47,795	12.8600 GBP
20p ordinary	CFD	increasing a short position	3,545	12.8600 GBP
20p ordinary	CFD	increasing a short position	632	12.8600 GBP
20p ordinary	CFD	increasing a short position	1,197	12.8600 GBP
20p ordinary	CFD	increasing a short position	21,118	12.8600 GBP
20p ordinary	CFD	increasing a short position	3,770	12.8600 GBP
20p ordinary	CFD	increasing a short position	28	12.8661 GBP
20p ordinary	CFD	increasing a short position	2,498	12.8679 GBP
20p ordinary	CFD	increasing a short position	46,029	12.8700 GBP
20p ordinary	CFD	reducing a long position	4,204	12.8600 GBP
20p ordinary	CFD	reducing a long position	352	12.8738 GBP
20p ordinary	CFD	reducing a short position	890	12.8587 GBP
20p ordinary	CFD	reducing a short position	97	12.8588 GBP
20p ordinary	CFD	reducing a short position	3,645	12.8600 GBP
20p ordinary	CFD	reducing a short position	87	12.8600 GBP
20p ordinary	CFD	reducing a short position	10,592	12.8600 GBP
20p ordinary	CFD	reducing a short position	268	12.8654 GBP
20p ordinary	CFD	reducing a short position	189	12.8656 GBP
20p ordinary	CFD	reducing a short position	127,017	12.8690 GBP
20p ordinary	CFD	reducing a short position	4,138	12.8691 GBP
20p ordinary	CFD	reducing a short position	6,237	12.8698 GBP
20p ordinary	CFD	reducing a short position	441,983	12.8701 GBP
20p ordinary	CFD	reducing a short position	24,348	12.8732 GBP
20p ordinary	CFD	reducing a short position	831	12.8734 GBP
20p ordinary	CFD	reducing a short position	4,940	12.8777 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:	18 November 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