Form 8.3 - J SAINSBURY PLC

LONDON--()--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:  

Barclays PLC.

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

   
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

J SAINSBURY PLC

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

22 April 2016

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

YES

HOME RETAIL GROUP

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:       ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 10,541,231 0.55% 10,298,502 0.53%
           
(2) Cash-settled derivatives:
8,059,103 0.42% 336,377 0.02%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,000,000 0.05% 0 0.00%
           
(4)
TOTAL: 19,600,334 1.02% 10,634,879 0.55%
 
Class of relevant security:   Convertible Bond XS1268412993      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,300,000 0.17% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 3,300,000 0.17% 0 0.00%
 
Class of relevant security:   Convertible Bond XS1139087933      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 4,700,000 0.24% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 4,700,000 0.24% 0 0.00%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

(a)   Purchases and sales        
Class of relevant Purchase/sale Number of Price per unit
security   securities  
ORD Purchase 177 2.9200 GBP
ORD Purchase 507 2.9240 GBP
ORD Purchase 548 2.9329 GBP
ORD Purchase 769 2.9330 GBP
ORD Purchase 1,040 2.9270 GBP
ORD Purchase 1,070 2.9360 GBP
ORD Purchase 1,103 2.9010 GBP
ORD Purchase 1,429 2.8940 GBP
ORD Purchase 1,603 2.9180 GBP
ORD Purchase 1,603 2.9320 GBP
ORD Purchase 1,604 2.9150 GBP
ORD Purchase 2,053 2.9280 GBP
ORD Purchase 2,089 2.9350 GBP
ADR Purchase 2,418 16.7365 USD
ORD Purchase 2,497 2.9260 GBP
ORD Purchase 2,991 2.9364 GBP
ORD Purchase 3,206 2.9310 GBP
ORD Purchase 4,718 2.9300 GBP
ORD Purchase 4,776 2.9242 GBP
ORD Purchase 6,833 2.9328 GBP
ORD Purchase 7,000 2.9271 GBP
ORD Purchase 8,390 2.9340 GBP
ORD Purchase 8,943 2.9290 GBP
ORD Purchase 15,401 2.9309 GBP
ORD Purchase 17,943 2.8870 GBP
ORD Purchase 29,818 2.9190 GBP
ORD Purchase 79,300 2.9314 GBP
ORD Purchase 271,000 2.8900 GBP
ORD Sale 53 2.8974 GBP
ORD Sale 177 2.9200 GBP
ORD Sale 769 2.9330 GBP
ORD Sale 887 2.9270 GBP
ORD Sale 907 2.8973 GBP
ORD Sale 1,070 2.9360 GBP
ORD Sale 1,103 2.9010 GBP
ORD Sale 1,429 2.8940 GBP
ORD Sale 1,603 2.9320 GBP
ORD Sale 1,604 2.9150 GBP
ORD Sale 1,746 2.9290 GBP
ORD Sale 1,823 2.9180 GBP
ORD Sale 2,053 2.9280 GBP
ORD Sale 2,089 2.9350 GBP
ADR Sale 2,418 16.7365 USD
ORD Sale 2,497 2.9260 GBP
ORD Sale 3,206 2.9310 GBP
ORD Sale 3,216 2.9170 GBP
ORD Sale 4,718 2.9300 GBP
ORD Sale 4,776 2.9202 GBP
ORD Sale 4,839 2.9274 GBP
ORD Sale 5,094 2.9304 GBP
ORD Sale 6,781 2.9379 GBP
ORD Sale 8,390 2.9340 GBP
ORD Sale 8,900 2.9325 GBP
ORD Sale 19,750 2.9240 GBP
ORD Sale 21,458 2.9291 GBP
ORD Sale 23,267 2.9269 GBP
ORD Sale 24,936 2.8931 GBP
ORD Sale 25,929 2.9299 GBP
ORD Sale 28,587 2.9244 GBP
ORD Sale 55,074 2.9261 GBP
ORD Sale 68,449 2.9243 GBP
(b)   Cash-settled derivative transactions            
Class of Product Nature of dealing Number of Price per
relevant description reference unit
security     securities  
ORD CFD Long 1,000 2.8916 GBP
ORD CFD Long 1,000 2.8966 GBP
ORD CFD Long 1,429 2.8936 GBP
ORD CFD Long 2,000 2.8856 GBP
ORD CFD Long 4,043 2.9297 GBP
ORD CFD Long 4,776 2.9202 GBP
ORD CFD Long 4,836 2.9237 GBP
ORD CFD Long 10,953 2.9287 GBP
ORD SWAP Long 12,897 2.9259 GBP
ORD SWAP Long 19,543 2.9266 GBP
ORD SWAP Long 34,452 2.9308 GBP
ORD SWAP Long 57,542 2.9261 GBP
ORD CFD Long 30,718 2.9166 GBP
ORD CFD Long 68,360 2.9286 GBP
ORD SWAP Long 68,360 2.9286 GBP
ORD CFD Short 29 2.9393 GBP
ORD SWAP Short 500 2.9330 GBP
ORD SWAP Short 595 2.9276 GBP
ORD CFD Short 4,776 2.9242 GBP
ORD SWAP Short 4,800 2.9291 GBP
ORD CFD Short 5,400 2.8873 GBP
ORD SWAP Short 9,033 2.9304 GBP
ORD SWAP Short 22,098 2.9302 GBP
ORD SWAP Short 79,300 2.9313 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   Price per unit (if applicable)

4. 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. 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 person 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?  

YES

Date of disclosure:  

25 April 2016

Contact name:

Pinar Coktas

Telephone number:

020 7116 1165

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 monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:  

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

SAINSBURY(J)

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Written 1,000,000 260.0000 American 15 Dec 2017

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 523048
Time of Receipt (offset from UTC): 20160425T105755+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC