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: 08 August 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: 52,639,986 0.64% 45,288,636 0.55%
           
(2) Cash-settled derivatives:
34,629,274 0.42% 40,065,244 0.49%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 87,269,260 1.07% 85,353,880 1.04%

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 1,534,283 1.8040 GBP 1.779 GBP
5p ordinary Sale 1,687,483 1.8040 GBP 1.779 GBP
ADR Purchase 8,873 7.0767 USD 7.0767 USD
ADR Sale 8,873 7.0767 USD 7.0767 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 246 1.7865 GBP
5p ordinary SWAP Long 474 1.8021 GBP
5p ordinary SWAP Long 480 1.7850 GBP
5p ordinary SWAP Long 948 1.7993 GBP
5p ordinary SWAP Long 1,800 1.7985 GBP
5p ordinary CFD Long 4,000 1.7943 GBP
5p ordinary SWAP Long 4,546 1.7962 GBP
5p ordinary SWAP Long 5,848 1.7886 GBP
5p ordinary SWAP Long 7,785 1.7889 GBP
5p ordinary SWAP Long 7,871 1.7875 GBP
5p ordinary CFD Long 8,367 1.7922 GBP
5p ordinary CFD Long 12,154 1.7907 GBP
5p ordinary SWAP Long 12,154 1.7907 GBP
5p ordinary SWAP Long 13,329 1.7879 GBP
5p ordinary SWAP Long 14,227 1.7822 GBP
5p ordinary CFD Long 21,912 1.7973 GBP
5p ordinary SWAP Long 24,825 1.7994 GBP
5p ordinary SWAP Long 35,819 1.7997 GBP
5p ordinary CFD Long 36,724 1.7942 GBP
5p ordinary CFD Long 37,272 1.7869 GBP
5p ordinary SWAP Long 48,619 1.7914 GBP
5p ordinary CFD Long 48,810 1.7887 GBP
5p ordinary SWAP Long 107,134 1.7928 GBP
5p ordinary CFD Long 133,468 1.7958 GBP
5p ordinary SWAP Long 207,780 1.7924 GBP
5p ordinary SWAP Long 216,839 1.7945 GBP
5p ordinary CFD Short 598 1.7850 GBP
5p ordinary CFD Short 1,001 1.8031 GBP
5p ordinary CFD Short 2,368 1.7886 GBP
5p ordinary CFD Short 3,762 1.7891 GBP
5p ordinary SWAP Short 4,783 1.7966 GBP
5p ordinary SWAP Short 7,233 1.7906 GBP
5p ordinary CFD Short 7,274 1.7842 GBP
5p ordinary SWAP Short 8,026 1.7934 GBP
5p ordinary CFD Short 14,891 1.7805 GBP
5p ordinary SWAP Short 16,000 1.7938 GBP
5p ordinary CFD Short 16,162 1.7939 GBP
5p ordinary CFD Short 17,215 1.7861 GBP
5p ordinary SWAP Short 18,522 1.7919 GBP
5p ordinary CFD Short 20,387 1.7887 GBP
5p ordinary CFD Short 20,700 1.7915 GBP
5p ordinary CFD Short 26,012 1.7841 GBP
5p ordinary CFD Short 28,527 1.7816 GBP
5p ordinary CFD Short 32,051 1.7831 GBP
5p ordinary CFD Short 42,703 1.7927 GBP
5p ordinary SWAP Short 60,222 1.7852 GBP
5p ordinary SWAP Short 94,438 1.7851 GBP
5p ordinary SWAP Short 96,814 1.7971 GBP
5p ordinary SWAP Short 173,424 1.7909 GBP
5p ordinary CFD Short 326,264 1.7945 GBP
5p ordinary SWAP Short 326,264 1.7945 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”

(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”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 9 Aug 2017
Contact name: Jay Supaya
Telephone number: 020 7773 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: 613160
Time of Receipt (offset from UTC): 20170809T110620+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC