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: 28 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: 43,140,247 0.53% 44,919,426 0.55%
           
(2) Cash-settled derivatives:
37,854,967 0.46% 34,505,368 0.42%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 80,995,214 0.99% 79,424,794 0.97%

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 4,194,686 1.7305 GBP 1.697 GBP
5p ordinary Sale 4,002,754 1.7225 GBP 1.6898 GBP
ADR Purchase 136,914 6.7700 USD 6.7104 USD
ADR Sale 136,914 6.7700 USD 6.7104 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 1,242 1.7078 GBP
5p ordinary CFD Long 1,256 1.7168 GBP
5p ordinary CFD Long 1,283 1.7089 GBP
5p ordinary CFD Long 1,465 1.7108 GBP
5p ordinary CFD Long 1,515 1.7088 GBP
5p ordinary CFD Long 1,532 1.7148 GBP
5p ordinary SWAP Long 6,404 1.7144 GBP
5p ordinary CFD Long 7,112 1.7173 GBP
5p ordinary CFD Long 7,996 1.6898 GBP
5p ordinary SWAP Long 10,255 1.7136 GBP
5p ordinary SWAP Long 18,412 1.7123 GBP
5p ordinary SWAP Long 23,508 1.7169 GBP
5p ordinary CFD Long 95,759 1.7044 GBP
5p ordinary SWAP Long 104,642 1.7145 GBP
5p ordinary CFD Long 172,914 1.7175 GBP
5p ordinary SWAP Long 408,802 1.7117 GBP
5p ordinary CFD Long 545,718 1.7111 GBP
5p ordinary SWAP Long 653,696 1.7132 GBP
5p ordinary SWAP Long 707,450 1.7152 GBP
5p ordinary SWAP Short 920 1.7096 GBP
5p ordinary SWAP Short 1,034 1.7170 GBP
5p ordinary CFD Short 1,182 1.7001 GBP
5p ordinary SWAP Short 2,357 1.7002 GBP
5p ordinary SWAP Short 3,066 1.7095 GBP
5p ordinary SWAP Short 3,218 1.7111 GBP
5p ordinary SWAP Short 4,009 1.7087 GBP
5p ordinary SWAP Short 4,596 1.7102 GBP
5p ordinary SWAP Short 6,965 1.7079 GBP
5p ordinary CFD Short 9,930 1.7176 GBP
5p ordinary SWAP Short 13,317 1.7082 GBP
5p ordinary SWAP Short 18,060 1.7146 GBP
5p ordinary SWAP Short 18,275 1.7098 GBP
5p ordinary SWAP Short 19,257 1.7161 GBP
5p ordinary SWAP Short 21,732 1.7144 GBP
5p ordinary SWAP Short 23,282 1.7112 GBP
5p ordinary SWAP Short 24,740 1.7099 GBP
5p ordinary CFD Short 32,242 1.7189 GBP
5p ordinary SWAP Short 43,476 1.7131 GBP
5p ordinary SWAP Short 53,869 1.7124 GBP
5p ordinary SWAP Short 73,671 1.7136 GBP
5p ordinary CFD Short 136,161 1.7137 GBP
5p ordinary SWAP Short 144,125 1.7143 GBP
5p ordinary CFD Short 300,000 1.7305 GBP
5p ordinary SWAP Short 302,672 1.7175 GBP
5p ordinary SWAP Short 306,397 1.7128 GBP
5p ordinary SWAP Short 479,306 1.7085 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:
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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 29 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: 586468
Time of Receipt (offset from UTC): 20170629T102046+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC