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: 01 June 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:       0.5p ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 47,029,903 0.57% 45,907,045 0.56%
           
(2) Cash-settled derivatives:
31,844,349 0.39% 22,534,275 0.28%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 78,874,252 0.96% 68,441,320 0.84%

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
0.5p ORD Purchase 2,929,697 1.8415 GBP 1.8165 GBP
0.5p ORD Sale 1,684,015 1.8415 GBP 1.8157 GBP

ADR

Purchase

13, 546

7.1400 USD

7.1025 USD

ADR

Sale

13, 546

7.1400 USD

7.1025 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
0.5p ORD CFD Long 413 1.8178 GBP
0.5p ORD CFD Long 4,505 1.8152 GBP
0.5p ORD CFD Long 4,575 1.8387 GBP
0.5p ORD SWAP Long 4,596 1.8217 GBP
0.5p ORD CFD Long 4,678 1.8362 GBP
0.5p ORD CFD Long 8,900 1.8343 GBP
0.5p ORD SWAP Long 8,900 1.8343 GBP
0.5p ORD SWAP Long 25,664 1.8367 GBP
0.5p ORD CFD Long 30,724 1.8390 GBP
0.5p ORD SWAP Long 40,819 1.8193 GBP
0.5p ORD CFD Long 41,838 1.8368 GBP
0.5p ORD SWAP Long 183,966 1.8317 GBP
0.5p ORD SWAP Long 187,878 1.8157 GBP
0.5p ORD CFD Short 1,003 1.8281 GBP
0.5p ORD SWAP Short 1,555 1.8274 GBP
0.5p ORD SWAP Short 2,884 1.8229 GBP
0.5p ORD SWAP Short 4,345 1.8359 GBP
0.5p ORD CFD Short 4,374 1.8366 GBP
0.5p ORD SWAP Short 4,854 1.8386 GBP
0.5p ORD SWAP Short 8,198 1.8339 GBP
0.5p ORD SWAP Short 11,343 1.8364 GBP
0.5p ORD SWAP Short 13,913 1.8303 GBP
0.5p ORD SWAP Short 16,718 1.8263 GBP
0.5p ORD SWAP Short 21,098 1.8342 GBP
0.5p ORD SWAP Short 26,614 1.8319 GBP
0.5p ORD SWAP Short 138,938 1.8316 GBP
0.5p ORD CFD Short 172,024 1.8347 GBP
0.5p ORD SWAP Short 172,024 1.8347 GBP
0.5p ORD CFD Short 331,173 1.8365 GBP
0.5p ORD SWAP Short 331,173 1.8365 GBP
0.5p ORD CFD Short 374,876 1.8363 GBP
0.5p ORD CFD Short 424,060 1.8310 GBP
0.5p ORD SWAP Short 527,003 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: 2 Jun 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: 584428
Time of Receipt (offset from UTC): 20170602T104902+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC