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: 18 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: 48,777,232 0.60% 49,891,666 0.61%
           
(2) Cash-settled derivatives:
31,730,546 0.39% 26,620,053 0.33%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 80,507,778 0.98% 76,511,719 0.94%

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 11,263,985 1.8145 GBP 1.7619 GBP
5p ORD Sale 5,756,757 1.8300 GBP 1.7618 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 77 1.7995 GBP
5p ORD SWAP Long 865 1.8246 GBP
5p ORD SWAP Long 1,562 1.8159 GBP
5p ORD SWAP Long 1,600 1.7861 GBP
5p ORD SWAP Long 2,950 1.8115 GBP
5p ORD CFD Long 3,042 1.7742 GBP
5p ORD SWAP Long 4,346 1.8019 GBP
5p ORD SWAP Long 7,805 1.7991 GBP
5p ORD CFD Long 9,429 1.7618 GBP
5p ORD SWAP Long 10,271 1.8084 GBP
5p ORD CFD Long 16,623 1.7643 GBP
5p ORD SWAP Long 18,125 1.8042 GBP
5p ORD CFD Long 31,326 1.7865 GBP
5p ORD SWAP Long 31,979 1.7620 GBP
5p ORD SWAP Long 33,056 1.7844 GBP
5p ORD SWAP Long 37,087 1.7771 GBP
5p ORD SWAP Long 40,390 1.8014 GBP
5p ORD CFD Long 41,032 1.8208 GBP
5p ORD SWAP Long 60,743 1.7809 GBP
5p ORD CFD Long 62,235 1.7659 GBP
5p ORD CFD Long 97,957 1.7886 GBP
5p ORD SWAP Long 120,330 1.7964 GBP
5p ORD CFD Long 133,758 1.7747 GBP
5p ORD SWAP Long 184,478 1.7948 GBP
5p ORD SWAP Long 994,219 1.8011 GBP
5p ORD SWAP Long 1,553,293 1.7785 GBP
5p ORD CFD Short 100 1.7817 GBP
5p ORD CFD Short 970 1.7838 GBP
5p ORD CFD Short 1,021 1.7992 GBP
5p ORD CFD Short 5,456 1.7621 GBP
5p ORD SWAP Short 19,594 1.7883 GBP
5p ORD CFD Short 21,381 1.7622 GBP
5p ORD SWAP Short 48,455 1.7758 GBP
5p ORD SWAP Short 52,081 1.7930 GBP
5p ORD SWAP Short 64,035 1.7626 GBP
5p ORD SWAP Short 83,658 1.7752 GBP
5p ORD SWAP Short 108,282 1.7722 GBP
5p ORD CFD Short 110,389 1.7861 GBP
5p ORD SWAP Short 111,927 1.7620 GBP
5p ORD CFD Short 130,000 1.7679 GBP
5p ORD SWAP Short 203,304 1.7707 GBP
5p ORD SWAP Short 226,133 1.8067 GBP
5p ORD CFD Short 257,740 1.7771 GBP
5p ORD SWAP Short 444,684 1.7661 GBP
5p ORD CFD Short 547,671 1.7929 GBP
5p ORD CFD Short 610,545 1.7836 GBP
5p ORD CFD Short 632,529 1.7680 GBP
5p ORD SWAP Short 799,469 1.7694 GBP
5p ORD SWAP Short 1,333,625 1.7705 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: 19 Apr 2017
Contact name: Jay Supaya
Telephone number: 0207 773 0635

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: 581864
Time of Receipt (offset from UTC): 20170419T103103+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC