Form 8.3 - J SAINSBURY PLC

Form 8.3 - J SAINSBURY PLC

BARCLAYS PLC

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 interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

   
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

J SAINSBURY PLC

(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:

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

 

10 August 2016

(f) In addition to the company in 1(c) above, is the discloser 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

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:       ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 14,310,090 0.74% 12,067,716 0.63%
           
(2) Cash-settled derivatives:
11,017,277 0.57% 6,181,367 0.32%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,300,000 0.07% 0 0.00%
           
(4)
TOTAL: 26,627,367 1.38% 18,249,083 0.95%
 
Class of relevant security:   Convertible Bond XS1268412993      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 0 0.00% 300,000 0.02%
           
(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%
           
(4)
TOTAL: 0 0.00% 300,000 0.02%
 
Class of relevant security:   Convertible Bond XS1139087933      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,100,000 0.16% 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%
           
(4)
TOTAL: 3,100,000 0.16% 0 0.00%

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 3 2.3460 GBP
ORD Purchase 15 2.3468 GBP
ORD Purchase 615 2.3490 GBP
ORD Purchase 1,000 2.3590 GBP
ORD Purchase 1,229 2.3380 GBP
ORD Purchase 1,322 2.3454 GBP
ORD Purchase 1,750 2.3395 GBP
ORD Purchase 1,761 2.3500 GBP
ORD Purchase 1,883 2.3470 GBP
ORD Purchase 2,141 2.3370 GBP
ORD Purchase 2,356 2.3400 GBP
ORD Purchase 2,376 2.3497 GBP
ORD Purchase 2,458 2.3445 GBP
ORD Purchase 2,679 2.3440 GBP
ORD Purchase 3,528 2.3420 GBP
ORD Purchase 4,555 2.3456 GBP
ORD Purchase 5,395 2.3535 GBP
ADR Purchase 5,400 12.4577 USD
ADR Purchase 6,400 12.3993 USD
ORD Purchase 7,621 2.3434 GBP
ORD Purchase 7,800 2.3450 GBP
ORD Purchase 15,093 2.3451 GBP
ORD Purchase 21,073 2.3472 GBP
ORD Purchase 47,384 2.3448 GBP
ORD Purchase 48,113 2.3511 GBP
ORD Purchase 84,564 2.3503 GBP
ORD Purchase 89,324 2.3435 GBP
ORD Sale 3 2.3460 GBP
ORD Sale 172 2.3430 GBP
ORD Sale 250 2.3550 GBP
ORD Sale 615 2.3490 GBP
ORD Sale 1,000 2.3412 GBP
ORD Sale 1,070 2.3580 GBP
ORD Sale 1,229 2.3380 GBP
ORD Sale 1,531 2.3420 GBP
ORD Sale 1,538 2.3590 GBP
ORD Sale 1,750 2.3375 GBP
ORD Sale 1,761 2.3500 GBP
ORD Sale 1,856 2.3560 GBP
ORD Sale 1,883 2.3470 GBP
ORD Sale 2,141 2.3370 GBP
ORD Sale 2,194 2.3435 GBP
ORD Sale 2,356 2.3400 GBP
ORD Sale 2,458 2.3445 GBP
ORD Sale 2,611 2.3530 GBP
ORD Sale 2,679 2.3440 GBP
ADR Sale 5,400 12.4577 USD
ORD Sale 5,956 2.3454 GBP
ORD Sale 5,988 2.3471 GBP
ORD Sale 6,286 2.3397 GBP
ADR Sale 6,400 12.3993 USD
ORD Sale 6,627 2.3450 GBP
ORD Sale 10,270 2.3452 GBP
ORD Sale 12,218 2.3562 GBP
ORD Sale 39,552 2.3426 GBP
ORD Sale 56,775 2.3457 GBP
ORD Sale 65,530 2.3434 GBP
ORD Sale 79,817 2.3592 GBP
ORD Sale 92,405 2.3446 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 269 2.3397 GBP
ORD CFD Long 2,000 2.3424 GBP
ORD CFD Long 4,767 2.3467 GBP
ORD CFD Long 20,199 2.3446 GBP
ORD CFD Long 28,062 2.3463 GBP
ORD CFD Long 28,713 2.3449 GBP
ORD CFD Long 79,817 2.3593 GBP
ORD CFD Long 100,083 2.3440 GBP
ORD CFD Short 496 2.3592 GBP
ORD SWAP Short 1,322 2.3453 GBP
ORD CFD Short 3,287 2.3682 GBP
ORD SWAP Short 4,555 2.3456 GBP
ORD SWAP Short 12,941 2.3483 GBP
ORD SWAP Short 48,287 2.3423 GBP
ORD SWAP Short 121,511 2.3502 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:

11 August 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

Full name of person making disclosure:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

J SAINSBURY PLC

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
ORD Call Options Purchased 300,000 230.0000 American 16 Sep 2016

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.

Companies

Sainsbury (J) (SBRY)
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