FORM 8.3 - J SAINSBURY PLC

LONDON--()--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Full name of discloser:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose J SAINSBURY PLC
  relevant securities this form relates:  
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
  offeror/offeree:  
(e) Date position held/dealing undertaken: 20 June 2016
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? HOME RETAIL GROUP PLC

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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(c), 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:                    
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 11,375,981 0.59% 11,086,543 0.58%
           
(2) Cash-settled derivatives:
9,371,550 0.49% 859,664 0.04%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,000,000 0.05% 0 0.00%
           
 
TOTAL: 21,747,531 1.13% 11,946,207 0.62%
Class of relevant security:       Convertible Bond XS1268412993            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,300,000 0.07% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 1,300,000 0.07% 0 0.00%
Class of relevant security:       Convertible Bond XS1139087933            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 100,000 0.01% 200,000 0.01%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 100,000 0.01% 200,000 0.01%

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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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   Number of   Price per unit
security   securities  
ORD Purchase 279 2.4419 GBP
ORD Purchase 1,027 2.3847 GBP
ADR Purchase 1,054 14.3094 USD
ORD Purchase 1,283 2.4422 GBP
ADR Purchase 1,400 14.2871 USD
ORD Purchase 1,430 2.4292 GBP
ORD Purchase 2,409 2.4375 GBP
ORD Purchase 2,483 2.4410 GBP
ORD Purchase 3,200 2.4400 GBP
ORD Purchase 9,258 2.4226 GBP
ORD Purchase 9,513 2.4402 GBP
ORD Purchase 15,972 2.4326 GBP
ORD Purchase 31,248 2.3924 GBP
ORD Purchase 89,932 2.4448 GBP
ORD Purchase 93,926 2.4339 GBP
ORD Purchase 136,056 2.4470 GBP
ORD Purchase 160,928 2.4450 GBP
ORD Sale 881 2.4340 GBP
ADR Sale 1,054 14.3094 USD
ADR Sale 1,400 14.2871 USD
ORD Sale 1,500 2.4330 GBP
ORD Sale 1,500 2.3970 GBP
ORD Sale 1,600 2.4400 GBP
ORD Sale 7,371 2.4318 GBP
ORD Sale 8,862 2.4321 GBP
ORD Sale 10,549 2.4339 GBP
ORD Sale 14,634 2.4319 GBP
ORD Sale 16,740 2.4271 GBP
ORD Sale 24,306 2.4384 GBP
ORD Sale 48,645 2.4252 GBP
ORD Sale 78,569 2.4433 GBP
ORD Sale 124,875 2.4450 GBP
ORD Sale 131,893 2.4182 GBP
ORD Sale 143,883 2.4206 GBP
ORD Sale 211,275 2.4102 GBP
ORD Sale 384,031 2.4215 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 908 2.4493 GBP
ORD CFD Long 1,018 2.4206 GBP
ORD SWAP Long 1,300 2.4298 GBP
ORD CFD Long 5,582 2.4097 GBP
ORD CFD Long 8,371 2.3947 GBP
ORD CFD Long 8,862 2.4321 GBP
ORD CFD Long 19,254 2.4306 GBP
ORD CFD Long 24,306 2.4384 GBP
ORD CFD Long 31,000 2.4341 GBP
ORD CFD Long 34,063 2.4405 GBP
ORD CFD Long 36,379 2.4293 GBP
ORD CFD Long 44,506 2.4454 GBP
ORD CFD Long 131,893 2.4182 GBP
ORD SWAP Long 235,986 2.4096 GBP
ORD CFD Long 462,544 2.4208 GBP
ORD SWAP Short 979 2.4348 GBP
ORD SWAP Short 1,027 2.3848 GBP
ORD CFD Short 1,600 2.4401 GBP
ORD SWAP Short 10,324 2.4356 GBP
ORD SWAP Short 31,248 2.3924 GBP
ORD CFD Short 93,926 2.4339 GBP
ORD CFD Short 136,056 2.4470 GBP
ORD CFD Short 212,010 2.4450 GBP
ORD SWAP Short 212,010 2.4450 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 person 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 person 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?   YES
Date of disclosure: 21 Jun 2016
Contact name: Pinar Coktas
Telephone number: 020 7116 1165

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of the person whose positions/dealings   Barclays PLC.
are being disclosed:  
Name of offeror/offeree in relation to whose J SAINSBURY PLC
relevant securities this from relates:  

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Written 1,000,000 260.0000 American 15 Dec 2017

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

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: RET
Sequence Number: 533065
Time of Receipt (offset from UTC): 20160621T115912+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC