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: 11 July 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: 43,275,387 0.53% 43,359,552 0.53%
           
(2) Cash-settled derivatives:
33,706,687 0.41% 32,553,308 0.40%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 76,982,074 0.94% 75,912,860 0.93%

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 2,286,396 1.7361 GBP 1.7072 GBP
5p ordinary Sale 3,130,477 1.7315 GBP 1.6971 GBP
ADR Purchase 78,221 6.7191 USD 6.6490 USD
ADR Sale 78,221 6.7191 USD 6.6490 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ordinary SWAP Long 1,959 1.7205 GBP
5p ordinary SWAP Long 2,317 1.7204 GBP
5p ordinary CFD Long 5,701 1.7298 GBP
5p ordinary CFD Long 9,191 1.7103 GBP
5p ordinary CFD Long 23,752 1.7158 GBP
5p ordinary SWAP Long 33,720 1.7207 GBP
5p ordinary CFD Long 49,606 1.7150 GBP
5p ordinary SWAP Long 57,005 1.7234 GBP
5p ordinary SWAP Long 86,247 1.7233 GBP
5p ordinary SWAP Long 101,211 1.7259 GBP
5p ordinary CFD Long 150,000 1.6971 GBP
5p ordinary SWAP Long 226,889 1.7197 GBP
5p ordinary CFD Long 236,523 1.7229 GBP
5p ordinary CFD Long 262,459 1.7163 GBP
5p ordinary SWAP Long 385,805 1.7251 GBP
5p ordinary CFD Long 510,197 1.7105 GBP
5p ordinary SWAP Long 510,197 1.7105 GBP
5p ordinary CFD Short 915 1.7186 GBP
5p ordinary SWAP Short 1,518 1.7364 GBP
5p ordinary SWAP Short 1,815 1.7259 GBP
5p ordinary SWAP Short 2,248 1.7100 GBP
5p ordinary SWAP Short 2,342 1.7232 GBP
5p ordinary SWAP Short 3,102 1.7303 GBP
5p ordinary SWAP Short 3,208 1.7148 GBP
5p ordinary SWAP Short 3,475 1.7250 GBP
5p ordinary SWAP Short 4,419 1.7361 GBP
5p ordinary SWAP Short 5,635 1.7292 GBP
5p ordinary SWAP Short 6,282 1.7283 GBP
5p ordinary CFD Short 6,743 1.7179 GBP
5p ordinary CFD Short 6,850 1.7116 GBP
5p ordinary SWAP Short 6,850 1.7116 GBP
5p ordinary SWAP Short 7,107 1.7309 GBP
5p ordinary SWAP Short 7,338 1.7313 GBP
5p ordinary SWAP Short 9,851 1.7304 GBP
5p ordinary SWAP Short 17,355 1.7227 GBP
5p ordinary SWAP Short 19,391 1.7163 GBP
5p ordinary CFD Short 20,508 1.7208 GBP
5p ordinary SWAP Short 20,508 1.7208 GBP
5p ordinary SWAP Short 22,260 1.7170 GBP
5p ordinary SWAP Short 31,171 1.7200 GBP
5p ordinary CFD Short 50,179 1.7106 GBP
5p ordinary SWAP Short 79,861 1.7113 GBP
5p ordinary SWAP Short 89,314 1.7119 GBP
5p ordinary SWAP Short 110,596 1.7114 GBP
5p ordinary SWAP Short 121,355 1.7142 GBP
5p ordinary SWAP Short 160,943 1.7139 GBP
5p ordinary CFD Short 227,203 1.7115 GBP
5p ordinary SWAP Short 227,203 1.7115 GBP
5p ordinary SWAP Short 348,310 1.7192 GBP
5p ordinary SWAP Expires 15/01/2018 Short 9,417,160 1.7105 GBP
5p ordinary SWAP Short 9,417,160 1.7105 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 Jul 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: 587481
Time of Receipt (offset from UTC): 20170712T103137+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC