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: 19 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: 44,915,325 0.55% 49,437,780 0.60%
           
(2) Cash-settled derivatives:
31,639,055 0.39% 27,428,880 0.34%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 76,554,380 0.94% 76,866,660 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 5,946,971 1.7745 GBP 1.7557 GBP
5p ORD Sale 5,283,652 1.7745 GBP 1.7557 GBP
ADR Purchase 50,496 6.8091 USD 6.8000 USD
ADR Sale 50,496 6.8091 USD 6.8000 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ORD CFD Long 689 1.7649 GBP
5p ORD CFD Long 1,280 1.7693 GBP
5p ORD CFD Long 3,348 1.7690 GBP
5p ORD CFD Long 4,055 1.7682 GBP
5p ORD CFD Long 4,286 1.7600 GBP
5p ORD CFD Long 4,543 1.7659 GBP
5p ORD CFD Long 5,183 1.7619 GBP
5p ORD CFD Long 5,392 1.7618 GBP
5p ORD CFD Long 5,456 1.7598 GBP
5p ORD CFD Long 5,773 1.7585 GBP
5p ORD CFD Long 5,968 1.7661 GBP
5p ORD CFD Long 7,307 1.7614 GBP
5p ORD CFD Long 7,692 1.7662 GBP
5p ORD CFD Long 7,838 1.7624 GBP
5p ORD CFD Long 8,662 1.7696 GBP
5p ORD CFD Long 10,114 1.7686 GBP
5p ORD CFD Long 12,460 1.7642 GBP
5p ORD CFD Long 17,434 1.7672 GBP
5p ORD CFD Long 18,012 1.7558 GBP
5p ORD CFD Long 21,483 1.7578 GBP
5p ORD CFD Long 22,516 1.7568 GBP
5p ORD CFD Long 23,875 1.7612 GBP
5p ORD SWAP Long 25,191 1.7658 GBP
5p ORD CFD Long 26,722 1.7616 GBP
5p ORD SWAP Long 28,340 1.7697 GBP
5p ORD CFD Long 30,464 1.7596 GBP
5p ORD SWAP Long 32,486 1.7727 GBP
5p ORD CFD Long 33,514 1.7610 GBP
5p ORD CFD Long 37,233 1.7611 GBP
5p ORD CFD Long 43,769 1.7701 GBP
5p ORD CFD Long 44,684 1.7677 GBP
5p ORD SWAP Long 50,630 1.7641 GBP
5p ORD CFD Long 55,170 1.7573 GBP
5p ORD CFD Long 57,971 1.7591 GBP
5p ORD CFD Long 58,731 1.7702 GBP
5p ORD SWAP Long 58,731 1.7702 GBP
5p ORD CFD Long 68,001 1.7689 GBP
5p ORD CFD Long 72,353 1.7710 GBP
5p ORD CFD Long 77,517 1.7594 GBP
5p ORD CFD Long 90,196 1.7599 GBP
5p ORD SWAP Long 95,203 1.7687 GBP
5p ORD CFD Long 117,577 1.7706 GBP
5p ORD CFD Long 172,460 1.7708 GBP
5p ORD CFD Long 178,029 1.7676 GBP
5p ORD CFD Long 287,948 1.7622 GBP
5p ORD CFD Long 344,742 1.7704 GBP
5p ORD SWAP Long 344,742 1.7704 GBP
5p ORD SWAP Short 75 1.7661 GBP
5p ORD SWAP Short 421 1.7685 GBP
5p ORD SWAP Short 438 1.7650 GBP
5p ORD CFD Short 947 1.7729 GBP
5p ORD CFD Short 1,014 1.7692 GBP
5p ORD CFD Short 1,050 1.7722 GBP
5p ORD CFD Short 1,066 1.7687 GBP
5p ORD CFD Short 1,104 1.7660 GBP
5p ORD CFD Short 1,165 1.7711 GBP
5p ORD CFD Short 1,312 1.7573 GBP
5p ORD CFD Short 1,786 1.7668 GBP
5p ORD SWAP Short 2,059 1.7675 GBP
5p ORD SWAP Short 2,584 1.7664 GBP
5p ORD SWAP Short 2,876 1.7666 GBP
5p ORD SWAP Short 16,962 1.7678 GBP
5p ORD SWAP Short 27,021 1.7643 GBP
5p ORD SWAP Short 27,709 1.7656 GBP
5p ORD CFD Short 28,061 1.7699 GBP
5p ORD SWAP Short 31,048 1.7663 GBP
5p ORD SWAP Short 50,990 1.7690 GBP
5p ORD SWAP Short 60,524 1.7646 GBP
5p ORD CFD Short 61,257 1.7617 GBP
5p ORD CFD Short 114,230 1.7561 GBP
5p ORD SWAP Short 135,945 1.7658 GBP
5p ORD SWAP Short 203,588 1.7560 GBP
5p ORD CFD Short 350,327 1.7630 GBP
5p ORD SWAP Short 402,253 1.7591 GBP
5p ORD SWAP Short 1,604,803 1.7563 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: 20 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: 582014
Time of Receipt (offset from UTC): 20170420T103206+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC