Announcement
Company GoldmanSachs International
TIDMTTP
Headline EMM Disclosure
Released 16:04 20 Mar 2003
Number 0165J
EMM DISCLOSURE
FORM 38.5 (SUMMARY)
Lodge with a RIS and the Takeover 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
Goldman Sachs International
Date of disclosure
20 March 2003
Contact name
Peter Highton
Telephone number
0207-774-1935
Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:
Safeway plc
Sainsbury plc
Tesco plc
Oxford Glycosciences plc
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 the 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.
Email: monitoring@disclosure.org.uk
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 Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
21 August 2012
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
500,000 (customer bought to close)
CFD closing out price
1.8547 GBP Sterling
Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
27 August 2012
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
500,000 (customer bought to close)
CFD closing out price
1.8547 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
2 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
150,000 (customer sold to close)
CFD closing out price
1.8577 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
3 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
100,000 (customer sold to close)
CFD closing out price
1.8577 GBP Sterling
Further disclosure should be made where necessary so that the nature
of the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
13 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
150,000 (customer sold to close)
CFD closing out price
1.8606 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Tesco plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
18 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
150,000 (customer bought to open)
CFD reference price
1.8797 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD closing out price
0.00 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
5 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
55,727 (customer sold to close)
CFD closing out price
2.9893 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
13 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
11,847 (customer sold to close)
CFD closing out price
2.9894 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
19 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
291 (customer sold to close)
CFD closing out price
2.7553 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
5 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
500,000 (customer bought to close)
CFD closing out price
2.9965 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
28 January 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
9,493 (customer sold to close)
CFD closing out price
2.9894 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
17 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
16,309 (customer sold to close)
CFD closing out price
2.7553 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Safeway plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
18 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
88,200 (customer bought to open)
CFD reference price
2.7245 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD closing out price
0.00 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
19 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
264,000 (customer bought to close)
CFD closing out price
2.5250 GBP Sterling
Further disclosure should be made where necessary so that the nature of
he dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
24 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
75,000 (customer bought to close)
CFD closing out price
2.5230 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
25 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
100,000 (customer bought to close)
CFD closing out price
2.5230 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
13 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
25,000 (customer bought to close)
CFD closing out price
2.5230 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Long CFD
Maturity Date
18 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
427,000 (customer sold to open)
CFD reference price
2.3776 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD closing out price
0.00 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Sainsbury plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Sainsbury plc
Product Type
Short CFD
Maturity Date
18 March 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
150,000 (customer bought to close)
CFD closing out price
2.5125 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Difference ("CFD") referenced to
Oxford Glycosciences plc Ordinary Shares
Date of disclosure
20 March 2003
Date of dealing
19 March 2003
Name of EMM/EPT
Goldman Sachs International
Name of offeree/offeror with whom connected
Oxford Glycosciences plc
Product Type
Short CFD
Maturity Date
18 February 2013
Writing of CFD
Number of ordinary shares to which the CFD is referenced
0
CFD reference price
0.00 GBP Sterling
Closing out of CFD
Number of ordinary shares to which the CFD is referenced
25,000 (customer bought to close)
CFD closing out price
1.8540 GBP Sterling
Further disclosure should be made where necessary so that the nature of
the dealings can be fully understood.
END