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 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: 21 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 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: 11,258,939 0.58% 11,010,230 0.57%
           
(2) Cash-settled derivatives:
9,399,465 0.49% 832,133 0.04%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,000,000 0.05% 0 0.00%
           
 
TOTAL: 21,658,404 1.12% 11,842,363 0.62%
 
Class of relevant security: Convertible Bond XS1268412993
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,300,000 0.07% 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: 1,300,000 0.07% 0 0.00%
 
Class of relevant security: Convertible Bond XS1139087933
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 100,000 0.01% 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: 100,000 0.01% 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

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 172 2.4670 GBP
ORD Purchase 204 2.4500 GBP
ORD Purchase 272 2.4390 GBP
ORD Purchase 303 2.4410 GBP
ORD Purchase 401 2.4280 GBP
ORD Purchase 596 2.4260 GBP
ORD Purchase 660 2.4300 GBP
ORD Purchase 688 2.4350 GBP
ORD Purchase 829 2.4470 GBP
ORD Purchase 863 2.4310 GBP
ORD Purchase 1,007 2.4449 GBP
ORD Purchase 1,009 2.4413 GBP
ORD Purchase 2,186 2.4450 GBP
ORD Purchase 2,478 2.4370 GBP
ORD Purchase 3,561 2.4347 GBP
ORD Purchase 4,334 2.4501 GBP
ORD Purchase 4,950 2.4317 GBP
ORD Purchase 5,172 2.4405 GBP
ORD Purchase 5,729 2.4380 GBP
ORD Purchase 6,633 2.4476 GBP
ORD Purchase 7,392 2.4558 GBP
ORD Purchase 11,230 2.4550 GBP
ORD Purchase 11,364 2.4341 GBP
ORD Purchase 16,859 2.4561 GBP
ORD Purchase 16,892 2.4321 GBP
ORD Purchase 18,290 2.4620 GBP
ORD Purchase 20,894 2.4386 GBP
ORD Purchase 51,945 2.4464 GBP
ORD Purchase 80,253 2.4566 GBP
ORD Sale 33 2.4373 GBP
ORD Sale 57 2.4371 GBP
ORD Sale 113 2.4372 GBP
ORD Sale 172 2.4670 GBP
ORD Sale 203 2.4370 GBP
ORD Sale 272 2.4390 GBP
ORD Sale 303 2.4410 GBP
ORD Sale 596 2.4260 GBP
ORD Sale 660 2.4300 GBP
ORD Sale 688 2.4350 GBP
ORD Sale 800 2.4430 GBP
ORD Sale 802 2.4280 GBP
ORD Sale 863 2.4310 GBP
ORD Sale 1,007 2.4398 GBP
ORD Sale 1,603 2.4380 GBP
ORD Sale 1,750 2.4287 GBP
ORD Sale 2,186 2.4450 GBP
ORD Sale 2,695 2.4321 GBP
ORD Sale 3,929 2.4393 GBP
ORD Sale 7,750 2.4491 GBP
ORD Sale 30,503 2.4469 GBP
ORD Sale 36,502 2.4550 GBP
ORD Sale 72,673 2.4356 GBP
ORD Sale 151,735 2.4405 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 1,007 2.4398 GBP
ORD SWAP Long 2,794 2.4523 GBP
ORD CFD Long 4,761 2.4462 GBP
ORD CFD Long 6,881 2.4430 GBP
ORD CFD Long 17,476 2.4423 GBP
ORD SWAP Long 30,845 2.4540 GBP
ORD SWAP Long 31,249 2.4625 GBP
ORD CFD Long 27,531 2.4392 GBP
ORD CFD Long 166,214 2.4361 GBP
ORD SWAP Short 1,007 2.4449 GBP
ORD CFD Short 7,392 2.4558 GBP
ORD CFD Short 10,642 2.4363 GBP
ORD SWAP Short 12,871 2.4353 GBP
ORD CFD Short 16,859 2.4561 GBP
ORD CFD Short 18,290 2.4620 GBP
ORD SWAP Short 25,051 2.4347 GBP
ORD SWAP Short 60,947 2.4439 GBP
ORD CFD Short 80,253 2.4566 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: 22 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: 533324
Time of Receipt (offset from UTC): 20160622T122854+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC