Form 8.5 (EPT/NON-RI) - TESCO

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
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeror
  principal trader is connected  
(d) Date position held/dealing undertaken: 11 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: 40,307,780 0.49% 44,345,900 0.54%
           
(2) Cash-settled derivatives:
32,902,160 0.40% 18,703,331 0.23%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 73,209,940 0.90% 63,049,231 0.77%

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 3,880,426 1.8366 GBP 1.7942 GBP
5p ORD Sale 4,128,428 1.8364 GBP 1.7942 GBP
ADR Purchase 17,536 6.9677 USD 6.9 USD
ADR Sale 17,536 6.9677 USD 6.9 USD

(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 371 1.8298 GBP
5p ORD SWAP Long 471 1.8027 GBP
5p ORD SWAP Long 714 1.8282 GBP
5p ORD SWAP Long 1,335 1.8004 GBP
5p ORD SWAP Long 1,662 1.8161 GBP
5p ORD SWAP Long 3,801 1.8067 GBP
5p ORD SWAP Long 3,972 1.8136 GBP
5p ORD CFD Long 4,367 1.8363 GBP
5p ORD CFD Long 5,740 1.8093 GBP
5p ORD SWAP Long 6,443 1.8127 GBP
5p ORD SWAP Long 9,697 1.8175 GBP
5p ORD SWAP Long 11,446 1.8051 GBP
5p ORD SWAP Long 25,622 1.8117 GBP
5p ORD SWAP Long 27,445 1.8143 GBP
5p ORD SWAP Long 39,105 1.8056 GBP
5p ORD CFD Long 54,750 1.8100 GBP
5p ORD CFD Long 68,000 1.8001 GBP
5p ORD SWAP Long 196,741 1.8110 GBP
5p ORD CFD Long 226,875 1.8062 GBP
5p ORD SWAP Long 494,945 1.8155 GBP
5p ORD CFD Long 841,075 1.8035 GBP
5p ORD SWAP Long 1,220,593 1.8044 GBP
5p ORD CFD Short 997 1.8066 GBP
5p ORD CFD Short 1,340 1.7998 GBP
5p ORD CFD Short 5,119 1.8366 GBP
5p ORD SWAP Short 9,071 1.8315 GBP
5p ORD CFD Short 15,146 1.8011 GBP
5p ORD CFD Short 24,238 1.8310 GBP
5p ORD SWAP Short 24,992 1.8082 GBP
5p ORD SWAP Short 31,991 1.8035 GBP
5p ORD SWAP Short 49,012 1.8029 GBP
5p ORD CFD Short 78,175 1.8036 GBP
5p ORD SWAP Short 78,175 1.8036 GBP
5p ORD CFD Short 127,869 1.8007 GBP
5p ORD SWAP Short 127,869 1.8007 GBP
5p ORD CFD Short 153,731 1.8005 GBP
5p ORD SWAP Short 165,309 1.8063 GBP
5p ORD SWAP Short 206,011 1.8088 GBP
5p ORD SWAP Short 439,885 1.8032 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: 12 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: 583264
Time of Receipt (offset from UTC): 20170512T110655+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC