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: 03 May 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: 37,724,838 0.46% 40,996,993 0.50%
           
(2) Cash-settled derivatives:
31,643,056 0.39% 19,231,987 0.24%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 69,367,894 0.85% 60,228,980 0.74%

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 5,884,226 1.8473 GBP 1.762 GBP
5p ORD Sale 5,058,359 1.8497 GBP 1.762 GBP
ADR Purchase 20,523 6.9313 USD 6.93 USD
ADR Sale 20,523 6.9313 USD 6.93 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 391 1.8638 GBP
5p ORD SWAP Long 895 1.8316 GBP
5p ORD SWAP Long 1,029 1.7658 GBP
5p ORD SWAP Long 1,810 1.8194 GBP
5p ORD SWAP Long 2,974 1.7998 GBP
5p ORD SWAP Long 4,575 1.7912 GBP
5p ORD SWAP Long 5,052 1.7795 GBP
5p ORD SWAP Long 9,285 1.7813 GBP
5p ORD SWAP Long 9,427 1.7664 GBP
5p ORD CFD Long 10,830 1.8258 GBP
5p ORD SWAP Long 17,552 1.7935 GBP
5p ORD SWAP Long 18,751 1.7870 GBP
5p ORD CFD Long 23,018 1.8233 GBP
5p ORD SWAP Long 23,279 1.7787 GBP
5p ORD SWAP Long 26,692 1.7754 GBP
5p ORD CFD Long 31,601 1.7878 GBP
5p ORD SWAP Long 32,804 1.7728 GBP
5p ORD SWAP Long 33,284 1.7937 GBP
5p ORD SWAP Long 34,438 1.7843 GBP
5p ORD SWAP Long 50,223 1.7794 GBP
5p ORD SWAP Long 76,934 1.8380 GBP
5p ORD SWAP Long 115,829 1.8366 GBP
5p ORD CFD Long 155,667 1.7681 GBP
5p ORD SWAP Long 194,662 1.7765 GBP
5p ORD SWAP Long 215,457 1.7675 GBP
5p ORD SWAP Long 392,715 1.7696 GBP
5p ORD SWAP Long 407,543 1.7945 GBP
5p ORD CFD Long 920,034 1.7736 GBP
5p ORD SWAP Short 445 1.8157 GBP
5p ORD SWAP Short 735 1.8211 GBP
5p ORD CFD Short 1,109 1.7776 GBP
5p ORD SWAP Short 1,522 1.8139 GBP
5p ORD SWAP Short 1,736 1.8227 GBP
5p ORD SWAP Short 1,881 1.8178 GBP
5p ORD SWAP Short 1,977 1.7639 GBP
5p ORD SWAP Short 2,008 1.8224 GBP
5p ORD SWAP Short 2,158 1.8221 GBP
5p ORD SWAP Short 2,656 1.8076 GBP
5p ORD SWAP Short 2,662 1.8184 GBP
5p ORD SWAP Short 3,519 1.8226 GBP
5p ORD SWAP Short 6,537 1.8131 GBP
5p ORD CFD Short 10,000 1.7671 GBP
5p ORD SWAP Short 14,164 1.7935 GBP
5p ORD CFD Short 17,872 1.7676 GBP
5p ORD SWAP Short 25,507 1.7666 GBP
5p ORD SWAP Short 25,539 1.7930 GBP
5p ORD SWAP Short 29,626 1.7715 GBP
5p ORD SWAP Short 63,553 1.7705 GBP
5p ORD CFD Short 64,519 1.7663 GBP
5p ORD SWAP Short 70,591 1.7721 GBP
5p ORD SWAP Short 87,885 1.7662 GBP
5p ORD CFD Short 105,561 1.7675 GBP
5p ORD SWAP Short 157,499 1.7807 GBP
5p ORD CFD Short 166,788 1.7716 GBP
5p ORD CFD Short 281,164 1.7674 GBP
5p ORD SWAP Short 449,260 1.7693 GBP
5p ORD CFD Short 519,131 1.7681 GBP
5p ORD SWAP Short 866,731 1.8317 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: 4 May 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: 582790
Time of Receipt (offset from UTC): 20170504T101528+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC