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 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: 23 August 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:   ORD
  Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 15,228,218 0.79% 10,641,462 0.55%
           
(2) Cash-settled derivatives:
8,481,579 0.44% 5,671,575 0.29%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,300,000 0.07% 0 0.00%
           
 
TOTAL: 25,009,797 1.30% 16,313,037 0.85%
 
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%
           
 
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%
           
 
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 184 2.4435 GBP
ORD Purchase 184 2.4415 GBP
ORD Purchase 514 2.4311 GBP
ADR Purchase 640 13.1206 USD
ORD Purchase 1,229 2.4420 GBP
ORD Purchase 1,303 2.4340 GBP
ORD Purchase 1,845 2.4540 GBP
ORD Purchase 1,912 2.4470 GBP
ORD Purchase 2,155 2.4447 GBP
ORD Purchase 2,469 2.4410 GBP
ORD Purchase 2,475 2.4450 GBP
ORD Purchase 3,302 2.4530 GBP
ORD Purchase 4,199 2.4440 GBP
ORD Purchase 4,229 2.4560 GBP
ORD Purchase 4,716 2.4580 GBP
ORD Purchase 4,930 2.4510 GBP
ORD Purchase 5,236 2.4570 GBP
ORD Purchase 5,638 2.4480 GBP
ORD Purchase 6,431 2.4495 GBP
ORD Purchase 6,567 2.4490 GBP
ORD Purchase 6,685 2.4476 GBP
ORD Purchase 10,229 2.4500 GBP
ORD Purchase 12,937 2.4468 GBP
ORD Purchase 15,558 2.4563 GBP
ORD Purchase 60,091 2.4519 GBP
ORD Purchase 75,000 2.4479 GBP
ORD Purchase 81,479 2.4460 GBP
ORD Purchase 96,966 2.4499 GBP
ORD Purchase 102,820 2.4485 GBP
ORD Purchase 116,946 2.4505 GBP
ORD Purchase 150,348 2.4531 GBP
ORD Purchase 269,034 2.4498 GBP
ORD Purchase 408,247 2.4528 GBP
ORD Sale 184 2.4435 GBP
ORD Sale 184 2.4415 GBP
ORD Sale 430 2.4425 GBP
ORD Sale 615 2.4428 GBP
ADR Sale 640 13.1206 USD
ORD Sale 693 2.4475 GBP
ORD Sale 1,229 2.4470 GBP
ORD Sale 1,303 2.4340 GBP
ORD Sale 1,662 2.4460 GBP
ORD Sale 1,844 2.4500 GBP
ORD Sale 1,844 2.4420 GBP
ORD Sale 1,845 2.4540 GBP
ORD Sale 2,155 2.4450 GBP
ORD Sale 2,469 2.4410 GBP
ORD Sale 3,207 2.4504 GBP
ORD Sale 3,715 2.4526 GBP
ORD Sale 4,750 2.4560 GBP
ORD Sale 5,638 2.4480 GBP
ORD Sale 6,159 2.4510 GBP
ORD Sale 6,220 2.4580 GBP
ORD Sale 6,249 2.4532 GBP
ORD Sale 7,330 2.4530 GBP
ORD Sale 7,694 2.4570 GBP
ORD Sale 8,063 2.4440 GBP
ORD Sale 9,088 2.4490 GBP
ORD Sale 11,369 2.4430 GBP
ORD Sale 13,945 2.4507 GBP
ORD Sale 15,714 2.4474 GBP
ORD Sale 26,762 2.4497 GBP
ORD Sale 41,148 2.4505 GBP
ORD Sale 109,331 2.4483 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 100 2.4508 GBP
ORD CFD Long 1,594 2.4339 GBP
ORD SWAP Long 8,656 2.4505 GBP
ORD CFD Long 53,141 2.4493 GBP
ORD CFD Short 514 2.4311 GBP
ORD CFD Short 5,596 2.4543 GBP
ORD CFD Short 15,558 2.4563 GBP
ORD SWAP Short 16,132 2.4479 GBP
ORD SWAP Short 16,323 2.4519 GBP
ORD CFD Short 23,848 2.4294 GBP
ORD CFD Short 31,812 2.4490 GBP
ORD CFD Short 31,920 2.4493 GBP
ORD CFD Short 33,234 2.4512 GBP
ORD CFD Short 79,817 2.4459 GBP
ORD SWAP Short 109,022 2.4531 GBP
ORD SWAP Short 263,430 2.4522 GBP
ORD CFD Short 269,034 2.4498 GBP
ORD CFD Short 408,247 2.4528 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: 24 Aug 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
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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