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: 09 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:       5p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 48,498,644 0.59% 46,149,180 0.56%
           
(2) Cash-settled derivatives:
33,904,291 0.41% 26,043,938 0.32%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 82,402,935 1.01% 72,193,118 0.88%

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 3,660,524 1.8140 GBP 1.7605 GBP
5p ordinary Sale 4,587,278 1.8140 GBP 1.7605 GBP
ADR Purchase 2,618 6.9500 USD 6.8877 USD
ADR Sale 2,618 6.9500 USD 6.8877 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ordinary CFD Long 662 1.8066 GBP
5p ordinary CFD Long 1,066 1.8108 GBP
5p ordinary CFD Long 1,945 1.8093 GBP
5p ordinary SWAP Long 2,196 1.8034 GBP
5p ordinary SWAP Long 5,805 1.7964 GBP
5p ordinary SWAP Long 10,676 1.8063 GBP
5p ordinary SWAP Long 12,418 1.8071 GBP
5p ordinary SWAP Long 16,550 1.8043 GBP
5p ordinary SWAP Long 17,373 1.8074 GBP
5p ordinary SWAP Long 20,597 1.8028 GBP
5p ordinary SWAP Long 22,041 1.7891 GBP
5p ordinary SWAP Long 26,883 1.8007 GBP
5p ordinary SWAP Long 27,878 1.8003 GBP
5p ordinary SWAP Long 30,458 1.8049 GBP
5p ordinary CFD Long 35,865 1.8001 GBP
5p ordinary SWAP Long 35,865 1.8001 GBP
5p ordinary SWAP Long 42,502 1.8004 GBP
5p ordinary SWAP Long 44,988 1.7865 GBP
5p ordinary CFD Long 59,393 1.7798 GBP
5p ordinary SWAP Long 75,437 1.7749 GBP
5p ordinary SWAP Long 91,252 1.8014 GBP
5p ordinary CFD Long 108,312 1.8075 GBP
5p ordinary SWAP Long 108,312 1.8075 GBP
5p ordinary SWAP Long 111,598 1.7959 GBP
5p ordinary SWAP Long 286,941 1.7840 GBP
5p ordinary SWAP Long 337,403 1.7809 GBP
5p ordinary SWAP Long 338,196 1.8045 GBP
5p ordinary SWAP Long 1,423,376 1.8041 GBP
5p ordinary CFD Short 2,760 1.8094 GBP
5p ordinary CFD Short 2,880 1.8076 GBP
5p ordinary CFD Short 11,232 1.7809 GBP
5p ordinary CFD Short 16,116 1.7637 GBP
5p ordinary CFD Short 22,663 1.8034 GBP
5p ordinary SWAP Short 47,537 1.8028 GBP
5p ordinary SWAP Short 48,510 1.8075 GBP
5p ordinary CFD Short 347,693 1.7981 GBP
5p ordinary SWAP Short 806,713 1.8057 GBP
5p ordinary SWAP Short 913,080 1.8046 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 Jun 2017
Contact name: Jay Supaya
Telephone number: 0207 773 0635

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: 584974
Time of Receipt (offset from UTC): 20170612T100829+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC