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: 02 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: 53,131,966 0.65% 45,623,482 0.56%
           
(2) Cash-settled derivatives:
35,095,163 0.43% 41,449,575 0.51%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 88,227,129 1.08% 87,073,057 1.06%

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 1,599,473 1.7862 GBP 1.7657 GBP
5p ordinary Sale 1,743,068 1.7835 GBP 1.7623 GBP
ADR Purchase 159,483 7.1844 USD 7.1421 USD
ADR Sale 159,483 7.1844 USD 7.1421 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 250 1.7656 GBP
5p ordinary SWAP Long 352 1.7808 GBP
5p ordinary SWAP Long 577 1.7828 GBP
5p ordinary CFD Long 892 1.7778 GBP
5p ordinary CFD Long 915 1.7768 GBP
5p ordinary SWAP Long 1,182 1.7690 GBP
5p ordinary CFD Long 1,207 1.7773 GBP
5p ordinary CFD Long 1,366 1.7803 GBP
5p ordinary SWAP Long 2,708 1.7809 GBP
5p ordinary CFD Long 2,943 1.7813 GBP
5p ordinary CFD Long 2,972 1.7623 GBP
5p ordinary SWAP Long 3,295 1.7793 GBP
5p ordinary SWAP Long 7,149 1.7736 GBP
5p ordinary SWAP Long 7,270 1.7763 GBP
5p ordinary SWAP Long 8,559 1.7725 GBP
5p ordinary CFD Long 32,349 1.7806 GBP
5p ordinary SWAP Long 53,156 1.7781 GBP
5p ordinary CFD Long 59,379 1.7677 GBP
5p ordinary CFD Long 74,129 1.7728 GBP
5p ordinary CFD Long 122,166 1.7795 GBP
5p ordinary SWAP Long 170,612 1.7753 GBP
5p ordinary SWAP Long 184,749 1.7734 GBP
5p ordinary SWAP Long 193,801 1.7743 GBP
5p ordinary SWAP Long 284,178 1.7721 GBP
5p ordinary SWAP Short 7,767 1.7790 GBP
5p ordinary CFD Short 10,753 1.7821 GBP
5p ordinary SWAP Short 15,768 1.7665 GBP
5p ordinary SWAP Short 17,920 1.7763 GBP
5p ordinary CFD Short 36,000 1.7823 GBP
5p ordinary CFD Short 36,445 1.7735 GBP
5p ordinary CFD Short 37,713 1.7759 GBP
5p ordinary SWAP Short 38,699 1.7797 GBP
5p ordinary CFD Short 72,815 1.7820 GBP
5p ordinary SWAP Short 72,815 1.7820 GBP
5p ordinary SWAP Short 95,403 1.7680 GBP
5p ordinary CFD Short 103,267 1.7819 GBP
5p ordinary SWAP Short 114,908 1.7724 GBP
5p ordinary SWAP Short 127,120 1.7658 GBP
5p ordinary CFD Short 600,000 1.7862 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: 3 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: 601659
Time of Receipt (offset from UTC): 20170803T104710+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC