FORM 8.5 (EPT/NON-RI) - TESCO PLC - AMENDMENT

LONDON--()--

FORM 8.5 (EPT/NON-RI)

AMENDMENT TO PURCHASES

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: 06 February 2018
(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: 26,860,284 0.33% 41,834,571 0.51%
           
(2) Cash-settled derivatives:
17,894,449 0.22% 8,497,697 0.10%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 44,754,733 0.55% 50,332,268 0.61%

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 2,820,701 2.0030 GBP 1.929 GBP
5p ordinary Sale 3,779,248 2.0005 GBP 1.9618 GBP
ADR Purchase 7,174 8.3520 GBP 8.3520 GBP
ADR Sale 7,174 8.3520 GBP 8.3520 GBP

(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 1,757 1.9715 GBP
5p ordinary SWAP Long 5,057 1.9895 GBP
5p ordinary SWAP Long 14,275 1.9400 GBP
5p ordinary SWAP Long 14,624 1.9860 GBP
5p ordinary SWAP Long 15,126 1.9920 GBP
5p ordinary SWAP Long 22,728 1.9903 GBP
5p ordinary CFD Long 56,943 1.9791 GBP
5p ordinary SWAP Long 102,660 1.9990 GBP
5p ordinary CFD Long 148,285 1.9793 GBP
5p ordinary CFD Long 154,426 1.9848 GBP
5p ordinary SWAP Long 154,426 1.9848 GBP
5p ordinary CFD Long 210,550 1.9820 GBP
5p ordinary SWAP Expires 08/02/2019 Long 260,929 1.9909 GBP
5p ordinary CFD Long 435,583 1.9988 GBP
5p ordinary SWAP Long 635,600 1.9753 GBP
5p ordinary SWAP Long 985,172 1.9923 GBP
5p ordinary CFD Short 441 1.9156 GBP
5p ordinary SWAP Short 1,500 1.9375 GBP
5p ordinary SWAP Short 3,200 1.9382 GBP
5p ordinary CFD Short 4,922 1.9820 GBP
5p ordinary SWAP Short 5,531 1.9854 GBP
5p ordinary CFD Short 14,780 1.9689 GBP
5p ordinary CFD Short 21,064 1.9882 GBP
5p ordinary SWAP Short 22,526 1.9977 GBP
5p ordinary CFD Short 22,736 1.9754 GBP
5p ordinary CFD Short 24,551 1.9900 GBP
5p ordinary CFD Short 30,531 1.9993 GBP
5p ordinary SWAP Short 32,573 1.9778 GBP
5p ordinary CFD Short 35,882 1.9991 GBP
5p ordinary CFD Short 56,545 1.9901 GBP
5p ordinary CFD Short 75,849 1.9379 GBP
5p ordinary SWAP Short 106,452 1.9800 GBP
5p ordinary SWAP Short 121,500 1.9992 GBP
5p ordinary CFD Short 142,503 1.9525 GBP
5p ordinary SWAP Short 190,362 1.9990 GBP
5p ordinary SWAP Short 283,600 1.9918 GBP
5p ordinary CFD Short 334,686 1.9483 GBP
5p ordinary SWAP Short 643,048 1.9803 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: 14 Feb 2018
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: 641349
Time of Receipt (offset from UTC): 20180214T150115+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC