Form 8.5 - 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 relevant securities this form relates:

Use a separate form for each offeror/offeree

 

TESCO PLC

(c) Name of the party to the offer with which exempt principal trader is connected:  

TESCO PLC

(d) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

28 FEB 2018

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

YES 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: 40,560,681 0.50% 34,685,111 0.42%
           
(2) Cash-settled derivatives:
8,789,608 0.11% 16,015,291 0.20%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 49,350,289 0.60% 50,700,402 0.62%

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 14,541,939 2.1470 GBP 2.0629 GBP
5p ordinary Sale 14,052,783 2.1460 GBP 2.0668 GBP
ADR Purchase 4,414 8.8200 GBP 8.7576 GBP
ADR Sale 4,414 8.8200 GBP 8.7576 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 200 2.1215 GBP
5p ordinary CFD Long 9,206 2.1251 GBP
5p ordinary CFD Long 22,921 2.1225 GBP
5p ordinary CFD Long 27,418 2.1297 GBP
5p ordinary CFD Long 28,045 2.1094 GBP
5p ordinary CFD Long 31,509 2.1423 GBP
5p ordinary SWAP Long 37,674 2.1083 GBP
5p ordinary SWAP Long 44,200 2.1077 GBP
5p ordinary CFD Long 47,746 2.1121 GBP
5p ordinary CFD Long 53,350 2.0668 GBP
5p ordinary SWAP Long 53,350 2.0668 GBP
5p ordinary SWAP Long 62,097 2.1285 GBP
5p ordinary SWAP Long 88,490 2.1080 GBP
5p ordinary CFD Long 139,344 2.1266 GBP
5p ordinary CFD Long 148,770 2.1283 GBP
5p ordinary CFD Long 203,191 2.1231 GBP
5p ordinary SWAP Long 397,175 2.1226 GBP
5p ordinary CFD Long 397,199 2.1256 GBP
5p ordinary SWAP Long 462,667 2.0750 GBP
5p ordinary CFD Long 466,516 2.0990 GBP
5p ordinary CFD Long 493,411 2.1262 GBP
5p ordinary CFD Long 881,288 2.1161 GBP
5p ordinary CFD Long 1,794,369 2.1171 GBP
5p ordinary CFD Short 34 2.0629 GBP
5p ordinary CFD Short 381 2.1290 GBP
5p ordinary CFD Short 1,501 2.1175 GBP
5p ordinary CFD Short 1,686 2.1160 GBP
5p ordinary CFD Short 3,227 2.0725 GBP
5p ordinary CFD Short 8,100 2.1271 GBP
5p ordinary CFD Short 10,000 2.0621 GBP
5p ordinary CFD Short 11,685 2.1088 GBP
5p ordinary CFD Short 15,409 2.1233 GBP
5p ordinary SWAP Short 17,891 2.1130 GBP
5p ordinary SWAP Short 18,089 2.1127 GBP
5p ordinary CFD Short 20,031 2.1057 GBP
5p ordinary SWAP Short 25,037 2.1110 GBP
5p ordinary CFD Short 31,277 2.0752 GBP
5p ordinary CFD Short 31,584 2.1166 GBP
5p ordinary SWAP Short 31,727 2.1080 GBP
5p ordinary SWAP Short 33,075 2.1120 GBP
5p ordinary CFD Short 56,247 2.0790 GBP
5p ordinary SWAP Short 56,530 2.1151 GBP
5p ordinary SWAP Short 60,572 2.1293 GBP
5p ordinary SWAP Short 70,444 2.1228 GBP
5p ordinary CFD Short 99,033 2.1208 GBP
5p ordinary CFD Short 170,876 2.1470 GBP
5p ordinary CFD Short 185,755 2.1081 GBP
5p ordinary CFD Short 215,575 2.1005 GBP
5p ordinary SWAP Short 230,672 2.1132 GBP
5p ordinary CFD Short 327,808 2.1365 GBP
5p ordinary CFD Short 350,000 2.1397 GBP
5p ordinary SWAP Short 369,798 2.1023 GBP
5p ordinary SWAP Short 1,028,921 2.1188 GBP
5p ordinary CFD Short 1,159,503 2.1201 GBP
5p ordinary SWAP Short 1,159,503 2.1201 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:  

1 March 2018

Contact name:

Elise Tang

Telephone number:

0207 1163 001

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: 642258
Time of Receipt (offset from UTC): 20180301T105744+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC