Form 8.3 - J SAINSBURY PLC - Amendment

LONDON--()--

FORM 8.5 (EPT/NON-RI) - Amendment to 2(a) & 3(a)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Full name of discloser:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose J SAINSBURY PLC
  relevant securities this form relates:  
(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: 02 June 2016
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? HOME RETAIL GROUP

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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:                    
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 9,904,930 0.51% 11,651,571 0.61%
           
(2) Cash-settled derivatives:
10,451,952 0.54% 417,114 0.02%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,000,000 0.05% 0 0.00%
           
 
TOTAL: 21,356,882 1.11% 12,068,685 0.63%
Class of relevant security:       Convertible Bond XS1268412993            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 0 0.00% 200,000 0.01%
           
(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%
           
 
TOTAL: 0 0.00% 200,000 0.01%
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%
           
 
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 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 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

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ADR Purchase 200 14.7400 USD
ORD Purchase 395 2.5590 GBP
ORD Purchase 1,604 2.5760 GBP
ORD Purchase 1,731 2.5671 GBP
ORD Purchase 2,398 2.5720 GBP
ORD Purchase 2,617 2.5710 GBP
ORD Purchase 3,940 2.5670 GBP
ORD Purchase 6,029 2.5740 GBP
ORD Purchase 6,251 2.5737 GBP
ORD Purchase 6,338 2.5741 GBP
ORD Purchase 6,619 2.5680 GBP
ORD Purchase 7,700 2.5691 GBP
ORD Purchase 9,041 2.5725 GBP
ORD Purchase 9,620 2.5717 GBP
ORD Purchase 10,185 2.5735 GBP
ORD Purchase 11,486 2.5750 GBP
ORD Purchase 17,394 2.5755 GBP
ORD Purchase 23,782 2.5700 GBP
ORD Purchase 31,988 2.5682 GBP
ORD Purchase 35,885 2.5730 GBP
ORD Purchase 40,519 2.5706 GBP
ORD Purchase 48,996 2.5690 GBP
ORD Purchase 49,391 2.5745 GBP
ORD Purchase 53,490 2.5742 GBP
ORD Purchase 65,977 2.5715 GBP
ORD Purchase 127,477 2.5711 GBP
ORD Purchase 127,530 2.5695 GBP
ORD Purchase 136,727 2.5707 GBP
ADR Sale 200 14.7400 USD
ORD Sale 395 2.5590 GBP
ORD Sale 927 2.5650 GBP
ORD Sale 1,604 2.5760 GBP
ORD Sale 2,287 2.5680 GBP
ORD Sale 2,398 2.5720 GBP
ORD Sale 2,871 2.5722 GBP
ORD Sale 3,090 2.5670 GBP
ORD Sale 3,886 2.5700 GBP
ORD Sale 4,283 2.5710 GBP
ORD Sale 5,552 2.5713 GBP
ORD Sale 5,677 2.5691 GBP
ORD Sale 6,029 2.5740 GBP
ORD Sale 8,243 2.5750 GBP
ORD Sale 9,041 2.5725 GBP
ORD Sale 10,185 2.5735 GBP
ORD Sale 10,841 2.5745 GBP
ORD Sale 13,621 2.5697 GBP
ORD Sale 14,874 2.5690 GBP
ORD Sale 14,998 2.5732 GBP
ORD Sale 17,394 2.5755 GBP
ORD Sale 17,850 2.5677 GBP
ORD Sale 26,593 2.5687 GBP
ORD Sale 27,322 2.5686 GBP
ORD Sale 33,168 2.5706 GBP
ORD Sale 46,937 2.5694 GBP
ORD Sale 52,794 2.5693 GBP
ORD Sale 64,026 2.5684 GBP
ORD Sale 85,384 2.5692 GBP
ORD Sale 134,571 2.5751 GBP
ORD Sale 651,857 2.5660 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 2,871 2.5722 GBP
ORD SWAP Long 3,446 2.5682 GBP
ORD SWAP Long 5,122 2.5690 GBP
ORD CFD Long 7,094 2.5689 GBP
ORD CFD Long 9,200 2.5659 GBP
ORD SWAP Long 9,347 2.5693 GBP
ORD CFD Long 10,451 2.5742 GBP
ORD CFD Long 17,850 2.5677 GBP
ORD CFD Long 26,593 2.5687 GBP
ORD CFD Long 33,168 2.5706 GBP
ORD CFD Long 42,510 2.5685 GBP
ORD CFD Long 64,026 2.5684 GBP
ORD CFD Long 85,384 2.5692 GBP
ORD SWAP Expires 04/07/2016 Long 651,857 2.5660 GBP
ORD CFD Short 364 2.5690 GBP
ORD SWAP Short 8,150 2.5696 GBP
ORD SWAP Short 21,133 2.5683 GBP
ORD SWAP Short 62,428 2.5706 GBP
ORD CFD Short 63,290 2.5725 GBP
ORD CFD Short 127,530 2.5695 GBP
ORD SWAP Short 248,099 2.5704 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 exempt principal trader 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 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   YES
Date of disclosure: 14 Jun 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

Identity of the person whose positions/dealings   Barclays PLC.
are being disclosed:  
Name of offeror/offeree in relation to whose J SAINSBURY PLC
relevant securities this from relates:  

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: 531779
Time of Receipt (offset from UTC): 20160614T152830+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC