Morgan Stanley & Co. Int'l plc

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

FirstGroup plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Apollo Management IX L.P.

(d) Date dealing undertaken:

25 APRIL 2018

(e)Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

No

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

5p ordinary

PURCHASES

725,329

1.1450 GBP

1.1220 GBP

5p ordinary

SALES

463,874

1.1420 GBP

1.1220 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

5p ordinary

CFD

LONG

1,267

1.1280 GBP

5p ordinary

CFD

LONG

22,444

1.1295 GBP

5p ordinary

CFD

LONG

2,933

1.1300 GBP

5p ordinary

CFD

LONG

10,584

1.1301 GBP

5p ordinary

CFD

LONG

8,301

1.1315 GBP

5p ordinary

CFD

LONG

44,700

1.1315 GBP

5p ordinary

CFD

LONG

3,935

1.1315 GBP

5p ordinary

CFD

LONG

667

1.1330 GBP

5p ordinary

CFD

LONG

3,754

1.1333 GBP

5p ordinary

CFD

LONG

1,891

1.1333 GBP

5p ordinary

CFD

LONG

100,000

1.1380 GBP

5p ordinary

CFD

SHORT

858

1.1220 GBP

5p ordinary

CFD

SHORT

1,144

1.1220 GBP

5p ordinary

CFD

SHORT

3,629

1.1256 GBP

5p ordinary

CFD

SHORT

2,723

1.1256 GBP

5p ordinary

CFD

SHORT

3,600

1.1274 GBP

5p ordinary

CFD

SHORT

6,200

1.1290 GBP

5p ordinary

CFD

SHORT

3,448

1.1293 GBP

5p ordinary

CFD

SHORT

3,227

1.1296 GBP

5p ordinary

CFD

SHORT

2,419

1.1296 GBP

5p ordinary

CFD

SHORT

27,100

1.1297 GBP

5p ordinary

CFD

SHORT

4,754

1.1298 GBP

5p ordinary

CFD

SHORT

22,899

1.1300 GBP

5p ordinary

CFD

SHORT

3,611

1.1302 GBP

5p ordinary

CFD

SHORT

5,645

1.1307 GBP

5p ordinary

CFD

SHORT

246

1.1315 GBP

5p ordinary

CFD

SHORT

105,300

1.1315 GBP

5p ordinary

CFD

SHORT

1,918

1.1316 GBP

5p ordinary

CFD

SHORT

16,799

1.1319 GBP

5p ordinary

CFD

SHORT

1,891

1.1319 GBP

5p ordinary

CFD

SHORT

8,742

1.1321 GBP

5p ordinary

CFD

SHORT

5,000

1.1328 GBP

5p ordinary

CFD

SHORT

1,200

1.1328 GBP

5p ordinary

CFD

SHORT

1,019

1.1331 GBP

5p ordinary

CFD

SHORT

1

1.1340 GBP

5p ordinary

CFD

SHORT

4

1.1340 GBP

5p ordinary

CFD

SHORT

3

1.1340 GBP

5p ordinary

CFD

SHORT

40,000

1.1390 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

Typee.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 descriptione.g. call option

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealinge.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

The currency of all prices and other monetary amounts should be stated.

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.

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:

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:

26 APRIL 2018

Contact name:

Craig Horsley

Telephone number:

+44(141) 245 7736

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 atmonitoring@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 atwww.thetakeoverpanel.org.uk.

Attachments

  • Original document
  • Permalink

Disclaimer

Firstgroup plc published this content on 26 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2018 09:38:00 UTC