Form 8.5 - 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 relevant securities this form relates:

Use a separate form for each offeror/offeree

 

TESCO PLC

(c) Name of the party to the offer with which exempt principal trader is connected:  

TESCO PLC

(d) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

10 May 2017

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

YES 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: 39,234,421 0.48% 43,348,095 0.53%
           
(2) Cash-settled derivatives:
33,038,496 0.40% 20,751,951 0.25%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 72,272,917 0.88% 64,100,046 0.78%

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 3,428,981 1.8415 GBP 1.8007 GBP
5p ORD Sale 3,809,048 1.8415 GBP 1.8007 GBP
ADR Purchase 51,790 7.1399 USD 7.13 USD
ADR Sale 51,790 7.1399 USD 7.13 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 100 1.8392 GBP
5p ORD SWAP Long 282 1.8095 GBP
5p ORD SWAP Long 554 1.8138 GBP
5p ORD SWAP Long 845 1.8209 GBP
5p ORD SWAP Long 1,088 1.8264 GBP
5p ORD SWAP Long 1,744 1.8322 GBP
5p ORD SWAP Long 4,344 1.8293 GBP
5p ORD SWAP Long 4,527 1.8099 GBP
5p ORD CFD Long 4,826 1.8018 GBP
5p ORD SWAP Long 5,137 1.8350 GBP
5p ORD SWAP Long 6,751 1.8192 GBP
5p ORD SWAP Long 7,384 1.8339 GBP
5p ORD SWAP Long 8,447 1.8378 GBP
5p ORD SWAP Long 9,541 1.8328 GBP
5p ORD SWAP Long 26,701 1.8353 GBP
5p ORD SWAP Expires 12/06/2018 Long 29,248 1.8364 GBP
5p ORD SWAP Long 31,006 1.8145 GBP
5p ORD SWAP Long 35,179 1.8262 GBP
5p ORD SWAP Long 47,984 1.8335 GBP
5p ORD CFD Long 52,759 1.8372 GBP
5p ORD CFD Long 113,306 1.8286 GBP
5p ORD CFD Long 172,542 1.8314 GBP
5p ORD SWAP Long 174,454 1.8342 GBP
5p ORD SWAP Long 180,321 1.8373 GBP
5p ORD SWAP Long 457,759 1.8276 GBP
5p ORD SWAP Short 3,581 1.8375 GBP
5p ORD CFD Short 4,367 1.8336 GBP
5p ORD SWAP Short 5,034 1.8309 GBP
5p ORD CFD Short 5,840 1.8137 GBP
5p ORD SWAP Short 22,358 1.8341 GBP
5p ORD SWAP Short 25,181 1.8246 GBP
5p ORD SWAP Short 174,596 1.8289 GBP
5p ORD SWAP Short 201,660 1.8266 GBP
5p ORD SWAP Short 987,587 1.8322 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:

11 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: 583144
Time of Receipt (offset from UTC): 20170511T101411+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC