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: 12 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: 43,391,900 0.53% 50,674,341 0.62%
           
(2) Cash-settled derivatives:
31,649,910 0.39% 24,053,788 0.29%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           

 

(4)

TOTAL: 75,041,810 0.92% 74,728,129 0.91%
 

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 13,560,422 1.9657 GBP 1.8352 GBP
5p ORD Sale 24,191,111 1.9657 GBP 1.8352 GBP

(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 545 1.9407 GBP
5p ORD SWAP Long 1,548 1.9158 GBP
5p ORD SWAP Long 1,551 1.9126 GBP
5p ORD SWAP Long 1,971 1.9021 GBP
5p ORD SWAP Long 4,140 1.9120 GBP
5p ORD SWAP Long 4,395 1.9005 GBP
5p ORD SWAP Long 5,143 1.8874 GBP
5p ORD SWAP Long 7,161 1.8792 GBP
5p ORD SWAP Long 8,008 1.9060 GBP
5p ORD SWAP Long 8,442 1.8983 GBP
5p ORD SWAP Long 12,229 1.8785 GBP
5p ORD SWAP Long 15,474 1.8901 GBP
5p ORD SWAP Long 16,670 1.8734 GBP
5p ORD SWAP Long 19,014 1.8521 GBP
5p ORD SWAP Long 26,674 1.8921 GBP
5p ORD SWAP Long 27,103 1.8947 GBP
5p ORD SWAP Long 27,552 1.8964 GBP
5p ORD SWAP Long 29,622 1.8894 GBP
5p ORD SWAP Long 30,622 1.8895 GBP
5p ORD CFD Long 31,466 1.8546 GBP
5p ORD SWAP Long 34,186 1.8455 GBP
5p ORD SWAP Long 40,160 1.8942 GBP
5p ORD CFD Long 51,717 1.8494 GBP
5p ORD SWAP Long 57,829 1.8837 GBP
5p ORD SWAP Long 59,872 1.8488 GBP
5p ORD SWAP Long 62,859 1.8825 GBP
5p ORD CFD Long 73,523 1.8653 GBP
5p ORD SWAP Long 79,444 1.8632 GBP
5p ORD SWAP Long 83,854 1.8820 GBP
5p ORD CFD Long 106,937 1.8438 GBP
5p ORD SWAP Long 116,459 1.8813 GBP
5p ORD CFD Long 126,477 1.8783 GBP
5p ORD SWAP Long 139,166 1.8729 GBP
5p ORD SWAP Long 207,594 1.8787 GBP
5p ORD CFD Long 216,828 1.8595 GBP
5p ORD CFD Long 250,000 1.8559 GBP
5p ORD CFD Long 250,000 1.8681 GBP
5p ORD SWAP Long 281,340 1.8764 GBP
5p ORD CFD Long 317,697 1.8738 GBP
5p ORD SWAP Long 319,788 1.8612 GBP
5p ORD SWAP Long 319,788 1.8630 GBP
5p ORD SWAP Long 365,537 1.8878 GBP
5p ORD CFD Long 450,000 1.8507 GBP
5p ORD CFD Long 578,454 1.8436 GBP
5p ORD SWAP Long 914,776 1.8609 GBP
5p ORD SWAP Long 1,715,032 1.8910 GBP
5p ORD CFD Long 1,941,446 1.8634 GBP
5p ORD SWAP Long 8,598,397 1.8557 GBP
5p ORD CFD Short 1,265 1.8551 GBP
5p ORD SWAP Short 4,254 1.8606 GBP
5p ORD SWAP Short 7,412 1.8527 GBP
5p ORD SWAP Short 12,656 1.8511 GBP
5p ORD SWAP Short 20,308 1.8595 GBP
5p ORD CFD Short 25,000 1.8451 GBP
5p ORD CFD Short 25,000 1.8505 GBP
5p ORD CFD Short 25,000 1.8621 GBP
5p ORD CFD Short 25,000 1.8691 GBP
5p ORD SWAP Short 26,611 1.8524 GBP
5p ORD SWAP Short 27,303 1.8900 GBP
5p ORD CFD Short 31,046 1.8441 GBP
5p ORD SWAP Short 31,979 1.8440 GBP
5p ORD CFD Short 40,000 1.8641 GBP
5p ORD CFD Short 45,171 1.9041 GBP
5p ORD CFD Short 50,000 1.8401 GBP
5p ORD CFD Short 50,000 1.8402 GBP
5p ORD CFD Short 63,070 1.8874 GBP
5p ORD SWAP Short 84,518 1.8475 GBP
5p ORD CFD Short 85,340 1.8689 GBP
5p ORD SWAP Short 89,247 1.8600 GBP
5p ORD SWAP Short 115,555 1.8572 GBP
5p ORD SWAP Short 118,494 1.8597 GBP
5p ORD SWAP Short 138,348 1.8523 GBP
5p ORD CFD Short 150,000 1.8450 GBP
5p ORD CFD Short 150,000 1.8679 GBP
5p ORD SWAP Short 216,531 1.8574 GBP
5p ORD CFD Short 223,878 1.8619 GBP
5p ORD SWAP Short 367,150 1.8804 GBP
5p ORD SWAP Short 414,228 1.8664 GBP
5p ORD CFD Short 1,391,767 1.8589 GBP
5p ORD SWAP Short 1,506,390 1.8476 GBP
5p ORD SWAP Short 1,620,979 1.8557 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: 13 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: 581649
Time of Receipt (offset from UTC): 20170413T100752+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC