EMM Disclosure
March 12 2003 - 5:01AM
UK Regulatory
RNS Number:6168I
UBS Warburg(EMM)
12 March 2003
FORM 38.5 (SUMMARY)
Lodge with Company Announcements Office and the Panel. Use a separate form for each class of securities in which
dealings have been made.
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Name of EMM UBS WARBURG
....................................................................................
Date of disclosure 12 March 2003
....................................................................................
Contact Name Bianca Brown
....................................................................................
Telephone number 020-7568 9658
....................................................................................
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
Safeway Plc
Sainsbury (J) Plc
Tesco Plc
Tesco Plc - Contract for Difference
_______________________________________
AMENDMENT
If the attached Rule 38.5 disclosure is to amend a previous disclosure, please state which element(s) of previous
disclosure was incorrect:
In the case of option business or dealings in derivatives full details should be given on a separate sheet so
that the nature of the dealings can be fully understood. For options this should include the number of securities
under option, the exercise period (or in the case of exercise, the exercise date), the exercise price and any
option money paid or received. For derivatives this should include, at least, the number of reference securities
to which they relate (when relevant), the maturity date (or if applicable the closing out date) and the reference
price.
For full details of disclosure requirements see Rules 8 and 38 of the Code. If in doubt contact the Monitoring
Section of the Panel, Tel No: 020-7638 0129.
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in SAINSBURY (J) PLC (name of company)
Class of Security ORD GBP 0.25.........................................................
Date of disclosure 12-Mar-03
...............................................................
Date of dealing 11-Mar-03
...............................................................
Name of EMM UBS WARBURG ........................................................................
...
Name of offeree / offeror with whom connected SAINSBURY (J) PLC.....................
Total Number of securities bought 393,253
........................
Highest p444,002rice paid* 226.25 GBP
........................
Lowest price paid* 218.50 GBP
........................
Total number of securities sold 469,453
........................
Highest price received* 227 GBP
........................
Lowest price paid* 218.25 GBP
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in SAFEWAY PLC (name of company)
Class of Security ORD GBP 0.25.........................................................
Date of disclosure 12-Mar-03
...............................................................
Date of dealing 11-Mar-03
...............................................................
Name of EMM UBS WARBURG ........................................................................
...
Name of offeree / offeror with whom connected SAINSBURY (J) PLC.....................
Total Number of securities bought 431,001
........................
Highest price paid* 282.75 GBP
........................
Lowest price paid* 278 GBP
........................
Total number of securities sold 256,341
........................
Highest price received* 284 GBP
........................
Lowest price paid* 278.50 GBP
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in TESCO PLC (name of company)
...........................................
Class of Security ORD GBP0.50
...............................................................
Date of disclosure 12-Mar-03
...............................................................
Date of dealing 11-Mar-03
...............................................................
Name of EMM UBS WARBURG
...............................................................
Name of offeree / offeror with whom connected SAINSBURY (J)
....................................
Total Number of securities bought 2,615,840
........................
Highest price paid* 165.55 GBP
........................
Lowest price paid* 161 GBP
........................
Total number of securities sold 2,462,410
........................
Highest price received* 163.75 GBP
........................
Lowest price received* 160 GBP
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in TESCO PLC (name of company)
...........................................
Class of Security ADR-EACH CNV INTO 3 ORD
...............................................................
Date of disclosure 12-Mar-03
...............................................................
Date of dealing 11-Mar-03
...............................................................
Name of EMM UBS WARBURG
...............................................................
Name of offeree / offeror with whom connected SAINSBURY (J)
....................................
Total Number of securities bought 476,500
........................
Highest price paid* 802.36 USD
........................
Lowest price paid* 790 USD
........................
Total number of securities sold 238,250
........................
Highest price received* 802.36 GBP
........................
Lowest price received* 790 GBP
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in AZLAN GROUP PLC (name of company)
...........................................
Class of Security ORD GBP0.05
...............................................................
Date of disclosure 12-Mar-03
...............................................................
Date of dealing 11-Mar-03
...............................................................
Name of EMM UBS WARBURG
...............................................................
Name of offeree / offeror with whom connected SAINSBURY (J)
....................................
Total Number of securities bought 0
........................
Highest price paid* 0 GBP
........................
Lowest price paid* 0 GBP
........................
Total number of securities sold 6,550
........................
Highest price received* 124 GBP
........................
Lowest price received* 124 GBP
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Differences ("CFD") referenced to...TESCO ORD GBP0.50
Date of Disclosure: 12 March 2003
Date of Dealing 11 March 2003
Name of EMM/EPT... UBS WARBURG
Name of offeree / offeror with whom connected SAINSBURY(J) PLC
Product Type.........(long/short) CFD LONG
Maturity Date 11 Dec 2003
Writing of CFD
Number of (class of security) to which the CFD is referenced 1,000,000
CFD reference price: (High)......164.10 GBP............................(Low)...
...164.40 GBP...........................
Closing out of CFD
Number of (class of security) to which the CFD is referenced ..................
...............................
CFD reference price: (High)..................................(Low)............
..................... ...........
Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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