FORM 8.5 (EPT/NON-RI) - TESCO PLC

LONDON--()--

FORM 8.5 (EPT/NON-RI)

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)   Name of exempt principal trader:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose TESCO PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt TESCO PLC
  principal trader is connected  
(d) Date position held/dealing undertaken: 11 April 2017
(e) In addition to the company in 1(b) above, is the exempt principal YES:
  trader making disclosures in respect of any other party to the offer? BOOKER GROUP PLC

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:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 47,043,854 0.58% 43,396,762 0.53%
           
(2) Cash-settled derivatives:
24,254,218 0.30% 27,513,086 0.34%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 71,298,072 0.87% 70,909,848 0.87%

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   Total number of   Highest price per unit   Lowest price per unit
security   securities paid/received paid/received
5p ORD Purchase 3,955,433 1.9595 GBP 1.9325 GBP
5p ORD Sale 8,735,414 1.9595 GBP 1.9325 GBP
ADR Purchase 6,664 7.2896 USD 7.35 USD
ADR Sale 6,664 7.2896 USD 7.35 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ORD SWAP Long 3,709 1.9563 GBP
5p ORD SWAP Long 4,015 1.9500 GBP
5p ORD SWAP Long 4,073 1.9496 GBP
5p ORD SWAP Long 6,274 1.9495 GBP
5p ORD SWAP Long 10,031 1.9550 GBP
5p ORD CFD Long 11,235 1.9552 GBP
5p ORD SWAP Long 15,489 1.9493 GBP
5p ORD SWAP Long 18,004 1.9450 GBP
5p ORD SWAP Long 22,418 1.9539 GBP
5p ORD SWAP Long 40,442 1.9481 GBP
5p ORD SWAP Long 41,617 1.9513 GBP
5p ORD SWAP Long 48,041 1.9559 GBP
5p ORD CFD Long 59,084 1.9551 GBP
5p ORD SWAP Long 59,818 1.9510 GBP
5p ORD SWAP Long 84,360 1.9506 GBP
5p ORD CFD Long 92,549 1.9560 GBP
5p ORD SWAP Long 92,549 1.9560 GBP
5p ORD CFD Long 100,000 1.9546 GBP
5p ORD SWAP Long 114,026 1.9535 GBP
5p ORD CFD Long 166,286 1.9558 GBP
5p ORD SWAP Long 166,286 1.9558 GBP
5p ORD SWAP Long 177,076 1.9517 GBP
5p ORD SWAP Long 238,211 1.9526 GBP
5p ORD CFD Long 249,607 1.9518 GBP
5p ORD SWAP Long 319,788 1.9505 GBP
5p ORD SWAP Long 319,788 1.9516 GBP
5p ORD CFD Long 495,004 1.9457 GBP
5p ORD SWAP Long 495,004 1.9457 GBP
5p ORD CFD Long 616,722 1.9528 GBP
5p ORD SWAP Long 3,339,954 1.9515 GBP
5p ORD SWAP Short 6,180 1.9545 GBP
5p ORD CFD Short 12,543 1.9561 GBP
5p ORD CFD Short 16,852 1.9450 GBP
5p ORD SWAP Short 50,723 1.9515 GBP
5p ORD SWAP Short 55,932 1.9496 GBP
5p ORD CFD Short 80,563 1.9451 GBP
5p ORD SWAP Short 80,563 1.9451 GBP
5p ORD CFD Short 199,729 1.9525 GBP
5p ORD SWAP Short 1,220,107 1.9530 GBP
5p ORD SWAP Expires 14/01/2018 Short 3,664,783 1.9560 GBP
5p ORD SWAP Short 3,664,783 1.9560 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?   NO
Date of disclosure: 12 Apr 2017
Contact name: Hemika Mistry
Telephone number: 020 7116 3891

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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: FEO
Sequence Number: 581502
Time of Receipt (offset from UTC): 20170412T102453+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC