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: 26 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:       5p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 43,932,352 0.54% 39,227,656 0.48%
           
(2) Cash-settled derivatives:
31,081,466 0.38% 26,812,708 0.33%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 75,013,818 0.92% 66,040,364 0.81%

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 ordinary Purchase 2,027,786 1.8190 GBP 1.767 GBP
5p ordinary Sale 5,007,733 1.8190 GBP 1.767 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ordinary SWAP Long 746 1.8160 GBP
5p ordinary CFD Long 944 1.8140 GBP
5p ordinary SWAP Long 1,823 1.7973 GBP
5p ordinary SWAP Long 2,168 1.8138 GBP
5p ordinary CFD Long 2,500 1.8098 GBP
5p ordinary SWAP Long 4,200 1.7826 GBP
5p ordinary SWAP Long 10,811 1.8148 GBP
5p ordinary SWAP Long 15,246 1.7888 GBP
5p ordinary SWAP Long 26,809 1.7685 GBP
5p ordinary CFD Long 43,134 1.8043 GBP
5p ordinary CFD Long 50,000 1.7868 GBP
5p ordinary CFD Long 50,000 1.8048 GBP
5p ordinary CFD Long 50,000 1.8088 GBP
5p ordinary CFD Long 50,000 1.8113 GBP
5p ordinary CFD Long 55,682 1.8014 GBP
5p ordinary SWAP Long 56,304 1.7840 GBP
5p ordinary CFD Long 56,529 1.8051 GBP
5p ordinary SWAP Long 57,404 1.8062 GBP
5p ordinary SWAP Long 62,911 1.7921 GBP
5p ordinary SWAP Long 68,534 1.8066 GBP
5p ordinary SWAP Long 76,575 1.8057 GBP
5p ordinary SWAP Long 95,158 1.8134 GBP
5p ordinary CFD Long 98,847 1.7929 GBP
5p ordinary CFD Long 110,000 1.8019 GBP
5p ordinary SWAP Long 126,792 1.8021 GBP
5p ordinary CFD Long 312,731 1.8053 GBP
5p ordinary SWAP Long 521,887 1.8070 GBP
5p ordinary CFD Long 672,575 1.8001 GBP
5p ordinary CFD Long 804,927 1.7970 GBP
5p ordinary SWAP Short 25 1.7956 GBP
5p ordinary SWAP Short 720 1.7859 GBP
5p ordinary SWAP Short 1,152 1.7887 GBP
5p ordinary SWAP Short 1,346 1.7881 GBP
5p ordinary SWAP Short 2,192 1.7908 GBP
5p ordinary SWAP Short 2,922 1.7725 GBP
5p ordinary SWAP Short 3,638 1.7709 GBP
5p ordinary SWAP Short 3,766 1.8125 GBP
5p ordinary CFD Short 4,200 1.8016 GBP
5p ordinary SWAP Short 4,620 1.7773 GBP
5p ordinary SWAP Short 4,661 1.8079 GBP
5p ordinary SWAP Short 5,163 1.7686 GBP
5p ordinary SWAP Short 7,615 1.7729 GBP
5p ordinary SWAP Short 7,623 1.7701 GBP
5p ordinary SWAP Short 7,957 1.7741 GBP
5p ordinary SWAP Short 8,757 1.7917 GBP
5p ordinary CFD Short 9,953 1.8051 GBP
5p ordinary SWAP Short 12,366 1.7867 GBP
5p ordinary SWAP Short 13,119 1.7913 GBP
5p ordinary CFD Short 21,966 1.7856 GBP
5p ordinary SWAP Short 48,748 1.7995 GBP
5p ordinary SWAP Short 56,304 1.7840 GBP
5p ordinary SWAP Short 114,419 1.7820 GBP
5p ordinary SWAP Short 297,405 1.8040 GBP
5p ordinary SWAP Short 426,192 1.7842 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: 27 Apr 2017
Contact name: Rajesh Muthanna
Telephone number: 020 3555 4634

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: 582434
Time of Receipt (offset from UTC): 20170427T105206+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC