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 “Codeâ€)
1. KEY INFORMATION
(a) | Â | Full name of discloser: | Â | 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: | 08 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: | Â | ORD | |||||||||
 | Interests |  | Short Positions | ||||||||
 |  | Number |  | (%) | Number |  | (%) | ||||
(1) | Relevant securities owned | ||||||||||
and/or controlled: | 14,290,712 | 0.74% | 11,808,226 | 0.61% | |||||||
 |  |  |  |  |  | ||||||
(2) | Cash-settled derivatives: | ||||||||||
10,688,055 | 0.56% | 5,959,311 | 0.31% | ||||||||
 |  |  |  |  |  | ||||||
(3) | Stock-settled derivatives (including options) | ||||||||||
and agreements to purchase/sell: | 1,300,000 | 0.07% | 0 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
 | |||||||||||
TOTAL: | 26,278,767 | 1.36% | 17,767,537 | 0.92% | |||||||
 | |||||||||||
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: | 1,600,000 | 0.08% | 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: | 1,600,000 | 0.08% | 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: | Â |
Details, including nature of the rights concerned and relevant percentages: | Â |
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 | Â | Purchase/sale | Â | Number of | Â | Price per unit | |
security | Â | securities | Â | ||||
ORD | Purchase | 14 | 2.3485 GBP | ||||
ORD | Purchase | 150 | 2.3315 GBP | ||||
ORD | Purchase | 319 | 2.3370 GBP | ||||
ORD | Purchase | 400 | 2.3310 GBP | ||||
ORD | Purchase | 490 | 2.3475 GBP | ||||
ORD | Purchase | 559 | 2.3390 GBP | ||||
ORD | Purchase | 559 | 2.3387 GBP | ||||
ORD | Purchase | 1,438 | 2.3320 GBP | ||||
ORD | Purchase | 1,601 | 2.3300 GBP | ||||
ORD | Purchase | 1,751 | 2.3301 GBP | ||||
ORD | Purchase | 2,368 | 2.3335 GBP | ||||
ORD | Purchase | 2,800 | 2.3322 GBP | ||||
ADR | Purchase | 4,200 | 12.3400 USD | ||||
ORD | Purchase | 4,280 | 2.3473 GBP | ||||
ORD | Purchase | 4,476 | 2.3399 GBP | ||||
ORD | Purchase | 6,185 | 2.3256 GBP | ||||
ORD | Purchase | 6,974 | 2.3396 GBP | ||||
ORD | Purchase | 8,000 | 2.3280 GBP | ||||
ORD | Purchase | 28,055 | 2.3189 GBP | ||||
ORD | Purchase | 35,812 | 2.3271 GBP | ||||
ORD | Purchase | 49,719 | 2.3404 GBP | ||||
ORD | Purchase | 62,763 | 2.3355 GBP | ||||
ORD | Purchase | 113,111 | 2.3371 GBP | ||||
ORD | Purchase | 1,190,000 | 2.3000 GBP | ||||
ORD | Sale | 14 | 2.3485 GBP | ||||
ORD | Sale | 150 | 2.3315 GBP | ||||
ORD | Sale | 400 | 2.3310 GBP | ||||
ORD | Sale | 490 | 2.3475 GBP | ||||
ORD | Sale | 562 | 2.3390 GBP | ||||
ORD | Sale | 1,000 | 2.3290 GBP | ||||
ORD | Sale | 1,138 | 2.3480 GBP | ||||
ORD | Sale | 1,337 | 2.3288 GBP | ||||
ORD | Sale | 1,567 | 2.3342 GBP | ||||
ORD | Sale | 2,101 | 2.3300 GBP | ||||
ORD | Sale | 3,584 | 2.3353 GBP | ||||
ADR | Sale | 4,200 | 12.3400 USD | ||||
ORD | Sale | 6,922 | 2.2998 GBP | ||||
ORD | Sale | 6,935 | 2.3430 GBP | ||||
ORD | Sale | 13,680 | 2.3330 GBP | ||||
ORD | Sale | 14,000 | 2.3280 GBP | ||||
ORD | Sale | 24,196 | 2.3407 GBP | ||||
ORD | Sale | 30,472 | 2.3331 GBP | ||||
ORD | Sale | 45,075 | 2.3385 GBP | ||||
ORD | Sale | 46,076 | 2.3380 GBP | ||||
ORD | Sale | 55,145 | 2.3211 GBP | ||||
ORD | Sale | 62,450 | 2.3347 GBP |
(b) Cash-settled derivative transactions
Class of | Â | Product | Â | Nature of dealing | Â | Number of | Â | Price per | |
relevant | description | reference | unit | ||||||
security | Â | Â | securities | Â | |||||
ORD | CFD | Long | 100 | 2.3478 GBP | |||||
ORD | SWAP | Long | 3,000 | 2.3442 GBP | |||||
ORD | CFD | Long | 3,727 | 2.3432 GBP | |||||
ORD | CFD | Long | 6,922 | 2.2998 GBP | |||||
ORD | CFD | Long | 8,400 | 2.3279 GBP | |||||
ORD | SWAP | Long | 13,700 | 2.3430 GBP | |||||
ORD | CFD | Long | 20,000 | 2.3327 GBP | |||||
ORD | CFD | Long | 30,472 | 2.3331 GBP | |||||
ORD | CFD | Long | 43,374 | 2.3416 GBP | |||||
ORD | SWAP | Long | 55,145 | 2.3212 GBP | |||||
ORD | SWAP | Long | 66,581 | 2.3328 GBP | |||||
ORD | SWAP | Short | 1,700 | 2.3318 GBP | |||||
ORD | SWAP | Short | 4,700 | 2.3432 GBP | |||||
ORD | CFD | Short | 10,031 | 2.3152 GBP | |||||
ORD | SWAP | Short | 15,942 | 2.3340 GBP | |||||
ORD | CFD | Short | 9,497 | 2.3042 GBP | |||||
ORD | CFD | Short | 10,604 | 2.3177 GBP | |||||
ORD | SWAP | Short | 49,719 | 2.3404 GBP | |||||
ORD | CFD | Short | 58,488 | 2.3371 GBP | |||||
ORD | SWAP | Short | 81,224 | 2.3350 GBP | |||||
ORD | SWAP Expires 05/09/2016 | Short | 1,190,000 | 2.3000 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Â | Product description e.g. call option | Â | Writing, purchasing, selling, varying etc. | Â | Number of securities to which option relates | Â | Exercise price per unit | Â |
Type
e.g. American, European etc. |
 | Expiry date |  | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Â |
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 | Â |
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? | Â | YES |
Date of disclosure: | 9 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 “Codeâ€)
1. KEY INFORMATION
Identity of the person whose positions/dealings | Â | Barclays PLC. |
are being disclosed: | Â | |
Name of offeror/offeree in relation to whose | J SAINSBURY PLC | |
relevant securities this from relates: | Â |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
Class | Â | Product | Â | Writing, | Â | Number | Â | Exercise | Â | Type | Â | 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160809005880/en/