Form 8.5 (EPT/RI)- Replacement of Britvic plc

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

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(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	Britvic plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Britvic plc
(d) Date dealing undertaken:	14 January 2025
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	N/A

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
20p ordinary	CFD	increasing a long position	2,642	13.1169 GBP
20p ordinary	CFD	increasing a long position	9,023	13.1197 GBP
20p ordinary	CFD	increasing a long position	3,793	13.1200 GBP
20p ordinary	CFD	increasing a long position	231	13.1200 GBP
20p ordinary	CFD	increasing a long position	819	13.1200 GBP
20p ordinary	CFD	increasing a long position	1,869	13.1200 GBP
20p ordinary	CFD	increasing a short position	9,873	13.1150 GBP
20p ordinary	CFD	increasing a short position	314,768	13.1151 GBP
20p ordinary	CFD	increasing a short position	1,142	13.1200 GBP
20p ordinary	CFD	increasing a short position	420,000	13.1200 GBP
20p ordinary	CFD	increasing a short position	503	13.1213 GBP
20p ordinary	CFD	reducing a long position	1,763	13.1100 GBP
20p ordinary	CFD	reducing a long position	10,020	13.1199 GBP
20p ordinary	CFD	reducing a long position	101	13.1200 GBP
20p ordinary	CFD	reducing a short position	242	13.1087 GBP
20p ordinary	CFD	reducing a short position	936	13.1187 GBP
20p ordinary	CFD	reducing a short position	1,935	13.1187 GBP
20p ordinary	CFD	reducing a short position	140	13.1200 GBP
20p ordinary	CFD	reducing a short position	203	13.1200 GBP
20p ordinary	CFD	reducing a short position	88	13.1200 GBP
20p ordinary	CFD	reducing a short position	28,339	13.1200 GBP
20p ordinary	CFD	reducing a short position	978	13.1200 GBP

Date of disclosure:	16 January 2025
Contact name:	Craig Horsley
Telephone number:	+44 141 245-7736

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