Announcement
Company Merrill Lynch International
TIDMTTP
Headline EMM Disclosure
Released 15:10 13 Mar 2003
Number 7071I
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 Merrill Lynch International
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Telephone number 020 7996 1038
Please see attached disclosure of dealings under Rule 38.5 in the
securities of the following companies:
11 March 2003
Safeway Plc - Common
Cambridge Antibody Tech Group - Common
Oxford Glycosciences Plc
Morrison (W.M) Supermarkets - Common
AMENDMENT
state which element(s) of 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: 0171 638 0129
FORM 38.5
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
Dealing in Safeway Plc
Class of security Common
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Name of EMM Merrill Lynch International
Name of offeree/offeror with whom connected Trackdean Investments Ltd
Number of securities purchased 1,209,957
Highest price paid* GBP2.84
Lowest price paid* GBP2.82
Number of securities sold 269,755
Highest price paid* GBP2.85
Lowest price paid* GBP2.81
*Currency must be stated
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS / EXEMPT PRINCIPAL TRADERS:
Dealing in Contract for Differences ("CFD") referenced to Safeway
Plc
Ordinary
Date of Disclosure:
Date of Dealing
Name of EMM / EPT Merrill Lynch International
Name of offeree/offeror with whom connected
Product Type SHORT CFD
Maturity Date 07 December 2003
Writing of CFD
Number of Ordinary to which the CFD is referenced Nil
CFD Reference Price Range n/a
Closing Out of CFD
Number of Ordinary to which the CFD is referenced 450,000
CFD Reference Price Range 2.81 to 2.83 GBP
Further Disclosure should be made where necessary so that the
nature of the dealings can be fully understood
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS / EXEMPT PRINCIPAL TRADERS:
Dealing in Contract for Differences ("CFD") referenced to Safeway
Plc
Ordinary
Date of Disclosure:
Date of Dealing
Name of EMM / EPT Merrill Lynch International
Name of offeree/offeror with whom connected Trackdean Investments
Ltd
Product TypeLONG CFD
Maturity Date 07 December 2003
Writing of CFD
Number of Ordinary to which the CFD is referenced 1,100,000
CFD Reference Price Range 2.56 to 2.56 GBP
Closing Out of CFD
Number of Ordinary to which the CFD is referencedNil
CFD Reference Price Rangen/a
Further Disclosure should be made where necessary so that the nature
of the dealings can be fully understood
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS / EXEMPT PRINCIPAL TRADERS:
Dealing in Contract for Differences ("CFD") referenced to Safeway
Plc
Ordinary
Date of Disclosure:
Date of Dealing
Name of EMM / EPT Merrill Lynch International
Name of offeree/offeror with whom connected
Product Type SHORT CFD
Maturity Date 07 December 2003
Writing of CFD
Number of Ordinary to which the CFD is referenced Nil
CFD Reference Price Range n/a
Closing Out of CFD
Number of Ordinary to which the CFD is referenced 1,109,400
CFD Reference Price Range 2.56 to 2.83 GBP
Further Disclosure should be made where necessary so that the nature
of the dealings can be fully understood
FORM 38.5
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
Dealing in Cambridge Antibody Tech Group
Class of security Common
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Name of EMM Merrill Lynch International
Name of offeree/offeror with whom connected Cambridge Antibody Tech
Group
Number of securities purchased 320
Highest price paid* GBP4.16
Lowest price paid* GBP4.14
Number of securities sold Nil
Highest price paid*n/a
Lowest Price Paid*n/a
*Currency must be stated
FORM 38.5
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
Dealing in Six Continents Plc
Class of security Ordinary
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Name of EMM Merrill Lynch International
Name of offeree/offeror with whom connected Six Continents Plc
Number of securities purchased 397,529
Highest price paid* GBP6.04
Lowest price paid* GBP5.71
Number of securities sold 335,101
Highest price paid* GBP6.00
Lowest price paid* GBP5.71
*Currency must be stated
FORM 38.5
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
Dealing in Oxford Glycosciences Plc
Class of security Common
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Name of EMM Merrill Lynch International
Name of offeree/offeror with whom connected Cambridge Antibody Tech
Group
Number of securities purchased 13,600
Highest price paid* GBP1.92
Lowest price paid* GBP1.90
Number of securities sold Nil
Highest price paid*n/a
Lowest Price Paid*n/a
*Currency must be stated
FORM 38.5
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
Dealing in Morrison (W.M) Supermarkets
Class of security Common
Date of disclosure 13 March 2003
Date of dealing 12 March 2003
Name of EMM Merrill Lynch International
Name of offeree/offeror with whom connected rackdean Investments Ltd
Number of securities purchased 138,299
Highest price paid* GBP1.51
Lowest price paid* GBP1.48
Number of securities sold 139,712
Highest price paid* GBP1.54
Lowest price paid* GBP1.46
*Currency must be stated
END