Get startedLog in
    Picture of J Sainsbury logo

    SBRY — J Sainsbury News Story

    0.000.00%
    gb flag iconLast trade - 00:00
    Consumer DefensivesBalancedLarge CapNeutral
    All News

    REG - BkofA Merrill Lynch Sainsbury(J) PLC - Form 8.5 (EPT/RI) <Origin Href="QuoteRef">SBRY.L</Origin>

    Picture of J Sainsbury logoJ SainsburyAnnouncement
    12/04/2016 11:05
    RNS Number : 9304U
    Bank of America Merrill Lynch
    12 April 2016
    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: 
    Bank of America Merrill Lynch
    (b) 
    Name of offeror/offeree in relation to whose
    relevant securities this form relates:
    Use a separate form for each offeror/offeree
    J Sainsbury PLC
    (c) 
    Name of the party to the offer with which exempt principal trader is connected: 
    Home Retail Group PLC
    (d) 
    Date dealing undertaken: 
    11/04/2016
    (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" 
    YES 
    If YES, specify which: 

    (Home Retail Group PLC) 
    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 
    Convertibles - ISIN 
    XS1268412993
    Purchase
    700,000
    100.25 GBP
    100.25 GBP
    Common - ISIN GB00B019KW72
    Purchase
    2,413,516
    2.924 GBP
    2.87 GBP
    Common - ISIN GB00B019KW72
    Sale
    1,968,933
    2.923 GBP
    2.875 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
    Common - ISIN GB00B019KW72
    Swaps
    Short
    66,510
    2.91 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    351
    2.878 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    16,958
    2.91 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    944
    2.915 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    2,707
    2.914 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    1,812
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    7,691
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    3,190
    2.902 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    4,319
    2.902 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    6,285
    2.902 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    200
    2.914 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    838
    2.907 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    3,250
    2.907 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    14,012
    2.907 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    533
    2.908 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    769,308
    2.908 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    102
    2.92 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    225
    2.92 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    10,267
    2.917 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    15,742
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    25,227
    2.898 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    85,836
    2.911 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    1,750
    2.901 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    7,814
    2.901 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    21,681
    2.88 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    37,161
    2.88 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    3,579
    2.915 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    321,000
    2.919 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    481,500
    2.919 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    108,056
    2.896 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    66,944
    2.896 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Short
    5,192
    2.909 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    118,104
    2.912 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    32,111
    2.912 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    21,602
    2.912 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    13,992
    2.912 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    944
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    2,638
    2.881 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    6,970
    2.913 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    20,676
    2.887 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    13,025
    2.893 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    12,196
    2.907 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,021
    2.921 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    986
    2.905 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    768,865
    2.908 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    334
    2.885 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    225
    2.885 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    25,227
    2.898 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,750
    2.905 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,600
    2.917 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    7,324
    2.914 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    7,470
    2.915 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    4,885
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    2,888
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,848
    2.914 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,444
    2.913 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,299
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    1,182
    2.917 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    864
    2.908 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    604
    2.912 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    512
    2.913 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    135
    2.915 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    101
    2.919 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    64,200
    2.916 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    34,970
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    17,494
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    17,485
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    192,335
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    104,966
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    17,485
    2.918 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    31,120
    2.911 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    15,190
    2.911 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    18,880
    2.911 GBP
    Common - ISIN GB00B019KW72
    Swaps
    Long
    9,810
    2.911 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    1,000
    100.25 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    6,000
    100.25 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    2,000
    100.25 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    11,000
    100.25 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    1,000
    100.25 GBP
    Convertibles - ISIN 
    XS1268412993
    Swaps
    Short
    1,000
    100.25 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:
    12/04/2016
    Contact name:
    Harshini Gopa
    Telephone number:
    +44207 996 3410
    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
    Service and must also be emailed to the Takeover Panel at     monitoring@disclosure.org.uk.
    The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
    dealing disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel's website at     www.thetakeoverpanel.org.uk. 

    This information is provided by RNS
    The company news service from the London Stock Exchange
      END
    FERBGGDSBGBBGLD

    Recent news on J Sainsbury

    See all news