Morgan Stanley & Co. LLC Form 8.5 (EPT/RI) - Fenner plc (0208P)

TIDMFENR

RNS Number : 0208P

Morgan Stanley & Co. LLC

23 May 2018

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. LLC 
 (b) Name of offeror/offeree in relation to whose relevant          FENNER PLC 
 securities this form relates: 
 Use a separate form for each offeror/offeree 
                                                                   --------------------------------------------------- 
 (c) Name of the party to the offer with which exempt principal     COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN SCA 
 trader is connected: 
                                                                   --------------------------------------------------- 
 (d) Date dealing undertaken:                                       22 MAY 2018 
                                                                   --------------------------------------------------- 
 (e) Has the EPT previously disclosed, or is it today disclosing,   NO 
 under the Code in respect 
 of any other party to this offer? 
                                                                   --------------------------------------------------- 
 
   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   Purchases/sales   Total number     Highest price             Lowest price 
  security                              of securities    per unit paid/received    per unit paid/received 
 25P ORDINARY        PURCHASES         6,809            6.1116 GBP                6.1116 GBP 
                    ----------------  ---------------  ------------------------  ------------------------ 
 25P ORDINARY        SALES             6,809            6.0811 GBP                6.0811 GBP 
                    ----------------  ---------------  ------------------------  ------------------------ 
 
   (b)        Cash-settled derivative transactions 
 
 Class of relevant   Product description   Nature of dealing         Number of reference   Price per 
  security            e.g. CFD              e.g. opening/closing      securities            unit 
                                            a long/short position, 
                                            increasing/reducing 
                                            a long/short position 
 N/A                 N/A                   N/A                       N/A                   N/A 
                    --------------------  ------------------------  --------------------  ---------- 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
 Class          Product        Writing,       Number           Exercise     Type e.g.    Expiry   Option 
  of relevant    description    purchasing,    of securities    price per    American,    date     money paid/ 
  security       e.g. call      selling,       to which         unit         European              received 
                 option         varying        option                        etc.                  per unit 
                                etc.           relates 
 N/A            N/A            N/A            N/A              N/A          N/A          N/A      N/A 
               -------------  -------------  ---------------  -----------  -----------  -------  ------------- 
 
   (ii)        Exercise 
 
 Class of relevant   Product description   Number of securities   Exercise price 
  security            e.g. call option                             per unit 
 N/A                 N/A                   N/A                    N/A 
                    --------------------  ---------------------  --------------- 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant   Nature of dealing     Details   Price per unit 
  security            e.g. subscription,              (if applicable) 
                      conversion 
 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:    23 MAY 2018 
 Contact name:          Craig Horsley 
                       ------------------ 
 Telephone number:      [phone] 
                       ------------------ 
 

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 [e-mail]. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 23, 2018 05:11 ET (09:11 GMT)