Form 8.3 - J SAINSBURY PLC

LONDON--(BUSINESS WIRE)--

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:	29 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 PLC

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:	12,062,174	0.63%	9,531,945	0.50%
(2)	Cash-settled derivatives:
		8,672,017	0.45%	2,725,174	0.14%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	1,000,000	0.05%	0	0.00%
(4)
	TOTAL:	21,734,191	1.13%	12,257,119	0.64%
Class of relevant security:		Convertible Bond XS1268412993
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	1,200,000	0.06%	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:	1,200,000	0.06%	0	0.00%
Class of relevant security:		Convertible Bond XS1139087933
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	0	0.00%	300,000	0.02%
(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:	0	0.00%	300,000	0.02%

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	84	2.2835 GBP
ORD	Purchase	184	2.2965 GBP
ORD	Purchase	553	2.2935 GBP
ORD	Purchase	919	2.2900 GBP
ORD	Purchase	1,015	2.2920 GBP
ORD	Purchase	1,217	2.2870 GBP
ORD	Purchase	1,229	2.2765 GBP
ORD	Purchase	1,285	2.3080 GBP
ORD	Purchase	1,348	2.2825 GBP
ORD	Purchase	1,349	2.2670 GBP
ORD	Purchase	1,509	2.2740 GBP
ORD	Purchase	1,534	2.2830 GBP
ORD	Purchase	1,871	2.2542 GBP
ORD	Purchase	1,982	2.2905 GBP
ORD	Purchase	2,327	2.2975 GBP
ORD	Purchase	2,437	2.2940 GBP
ORD	Purchase	2,875	2.2990 GBP
ORD	Purchase	2,902	2.2770 GBP
ORD	Purchase	3,029	2.2609 GBP
ORD	Purchase	3,363	2.2760 GBP
ORD	Purchase	4,223	2.2970 GBP
ORD	Purchase	4,847	2.2850 GBP
ORD	Purchase	5,642	2.2967 GBP
ORD	Purchase	5,950	2.2565 GBP
ORD	Purchase	6,134	2.2995 GBP
ORD	Purchase	6,161	2.2780 GBP
ORD	Purchase	6,351	2.2960 GBP
ADR	Purchase	6,600	12.3130 USD
ORD	Purchase	8,021	2.2955 GBP
ORD	Purchase	8,055	2.2882 GBP
ORD	Purchase	8,071	2.3000 GBP
ORD	Purchase	8,708	2.2629 GBP
ORD	Purchase	9,329	2.2820 GBP
ORD	Purchase	9,765	2.2862 GBP
ORD	Purchase	12,467	2.2903 GBP
ORD	Purchase	15,950	2.2614 GBP
ORD	Purchase	20,704	2.2978 GBP
ORD	Purchase	28,036	2.2821 GBP
ORD	Purchase	32,752	2.2980 GBP
ORD	Purchase	44,959	2.2858 GBP
ORD	Purchase	46,065	2.2874 GBP
ORD	Purchase	56,784	2.2867 GBP
ORD	Purchase	90,093	2.2937 GBP
ORD	Purchase	157,767	2.2971 GBP
ORD	Purchase	169,253	2.2988 GBP
ORD	Purchase	186,470	2.2916 GBP
ORD	Purchase	211,988	2.2946 GBP
ORD	Purchase	213,777	2.2868 GBP
ORD	Purchase	295,566	2.2974 GBP
ORD	Sale	43	2.2920 GBP
ORD	Sale	84	2.2835 GBP
ORD	Sale	184	2.2965 GBP
ORD	Sale	553	2.2935 GBP
ORD	Sale	919	2.2900 GBP
ORD	Sale	977	2.2950 GBP
ORD	Sale	1,170	2.2618 GBP
ORD	Sale	1,217	2.2870 GBP
ORD	Sale	1,229	2.2765 GBP
ORD	Sale	1,285	2.3080 GBP
ORD	Sale	1,312	2.2980 GBP
ORD	Sale	1,349	2.2670 GBP
ORD	Sale	1,509	2.2740 GBP
ORD	Sale	1,982	2.2905 GBP
ORD	Sale	2,437	2.2940 GBP
ORD	Sale	2,875	2.2990 GBP
ORD	Sale	2,902	2.2770 GBP
ORD	Sale	3,363	2.2760 GBP
ORD	Sale	4,223	2.2970 GBP
ORD	Sale	4,457	2.2650 GBP
ORD	Sale	5,773	2.2960 GBP
ORD	Sale	6,134	2.2995 GBP
ORD	Sale	6,534	2.2830 GBP
ADR	Sale	6,600	12.3130 USD
ORD	Sale	6,807	2.2838 GBP
ORD	Sale	7,148	2.2820 GBP
ORD	Sale	8,021	2.2955 GBP
ORD	Sale	8,071	2.3000 GBP
ORD	Sale	8,460	2.2780 GBP
ORD	Sale	18,113	2.2791 GBP
ORD	Sale	19,605	2.2617 GBP
ORD	Sale	22,321	2.2936 GBP
ORD	Sale	33,710	2.2825 GBP
ORD	Sale	49,119	2.2796 GBP
ORD	Sale	52,840	2.2724 GBP
ORD	Sale	63,747	2.2975 GBP
ORD	Sale	75,386	2.2843 GBP
ORD	Sale	151,450	2.2865 GBP
ORD	Sale	351,000	2.3004 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	1,170	2.2618 GBP
ORD	SWAP	Long	8,138	2.2837 GBP
ORD	CFD	Long	13,200	2.2862 GBP
ORD	SWAP	Long	14,365	2.2826 GBP
ORD	CFD	Long	22,834	2.2831 GBP
ORD	CFD	Long	13,688	2.2568 GBP
ORD	SWAP	Long	28,223	2.2860 GBP
ORD	CFD	Long	18,590	2.2608 GBP
ORD	CFD	Long	61,420	2.2975 GBP
ORD	CFD	Short	1,449	2.2802 GBP
ORD	SWAP	Short	6,773	2.2867 GBP
ORD	CFD	Short	8,055	2.2882 GBP
ORD	SWAP	Short	8,708	2.2629 GBP
ORD	CFD	Short	15,355	2.2980 GBP
ORD	CFD	Short	20,704	2.2978 GBP
ORD	SWAP	Short	20,836	2.2905 GBP
ORD	CFD	Short	46,065	2.2874 GBP
ORD	CFD	Short	63,498	2.2926 GBP
ORD	SWAP	Short	169,253	2.2988 GBP
ORD	SWAP	Short	222,314	2.2889 GBP
ORD	CFD	Short	318,985	2.2974 GBP
ORD	SWAP	Short	318,985	2.2974 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:	30 Jun 2016
Contact name:	Femi Badmos
Telephone number:	020 3555 1125

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 [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

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 [phone].

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

Category Code: RET

Sequence Number: 534820

Time of Receipt (offset from UTC): 20160630T143020+0100