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

 

30 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: 17,691,853 0.92% 9,558,361 0.50%
           
(2) Cash-settled derivatives:
5,789,731 0.30% 5,599,533 0.29%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,300,000 0.07% 0 0.00%
           
(4)
TOTAL: 24,781,584 1.29% 15,157,894 0.79%
 
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 217 2.4290 GBP
ORD Purchase 401 2.4385 GBP
ORD Purchase 780 2.4420 GBP
ORD Purchase 820 2.4360 GBP
ADR Purchase 1,306 12.9000 USD
ORD Purchase 1,381 2.4140 GBP
ORD Purchase 1,464 2.4210 GBP
ORD Purchase 1,504 2.4200 GBP
ORD Purchase 1,674 2.4280 GBP
ORD Purchase 1,867 2.4040 GBP
ORD Purchase 1,976 2.4195 GBP
ORD Purchase 1,999 2.4260 GBP
ADR Purchase 2,000 12.9790 USD
ORD Purchase 2,151 2.4350 GBP
ORD Purchase 2,171 2.4255 GBP
ORD Purchase 2,493 2.4250 GBP
ORD Purchase 2,743 2.4376 GBP
ORD Purchase 3,258 2.4240 GBP
ORD Purchase 3,276 2.4050 GBP
ORD Purchase 4,000 2.4382 GBP
ORD Purchase 4,234 2.4258 GBP
ORD Purchase 4,468 2.4220 GBP
ORD Purchase 4,791 2.4370 GBP
ORD Purchase 5,081 2.4390 GBP
ORD Purchase 5,241 2.4309 GBP
ORD Purchase 5,302 2.4150 GBP
ORD Purchase 5,497 2.4100 GBP
ORD Purchase 5,520 2.4380 GBP
ORD Purchase 6,456 2.4270 GBP
ORD Purchase 8,242 2.4340 GBP
ORD Purchase 11,536 2.4259 GBP
ORD Purchase 12,539 2.4219 GBP
ADR Purchase 13,488 12.8859 USD
ORD Purchase 15,193 2.4230 GBP
ORD Purchase 15,747 2.4176 GBP
ORD Purchase 28,858 2.4278 GBP
ORD Purchase 32,010 2.4161 GBP
ORD Purchase 36,547 2.4312 GBP
ORD Purchase 43,469 2.4225 GBP
ORD Purchase 52,708 2.4282 GBP
ORD Purchase 57,779 2.4212 GBP
ORD Purchase 62,225 2.4173 GBP
ORD Purchase 131,333 2.4299 GBP
ORD Purchase 350,000 2.4266 GBP
ORD Purchase 358,529 2.4245 GBP
ORD Purchase 655,800 2.4264 GBP
ORD Sale 401 2.4385 GBP
ORD Sale 485 2.4365 GBP
ORD Sale 780 2.4420 GBP
ORD Sale 820 2.4360 GBP
ORD Sale 1,181 2.4078 GBP
ADR Sale 1,306 12.9000 USD
ORD Sale 1,367 2.4133 GBP
ORD Sale 1,381 2.4140 GBP
ORD Sale 1,464 2.4210 GBP
ORD Sale 1,750 2.4080 GBP
ORD Sale 1,862 2.4259 GBP
ORD Sale 1,867 2.4040 GBP
ORD Sale 1,976 2.4195 GBP
ADR Sale 2,000 12.9790 USD
ORD Sale 2,151 2.4350 GBP
ORD Sale 2,171 2.4255 GBP
ORD Sale 2,311 2.4147 GBP
ORD Sale 2,493 2.4250 GBP
ORD Sale 2,675 2.4208 GBP
ORD Sale 2,808 2.4180 GBP
ORD Sale 2,907 2.4190 GBP
ORD Sale 3,119 2.4200 GBP
ORD Sale 3,276 2.4050 GBP
ORD Sale 4,791 2.4370 GBP
ORD Sale 5,081 2.4390 GBP
ORD Sale 5,497 2.4100 GBP
ORD Sale 5,520 2.4380 GBP
ORD Sale 6,456 2.4270 GBP
ORD Sale 7,343 2.4220 GBP
ORD Sale 7,608 2.4305 GBP
ORD Sale 8,855 2.4260 GBP
ORD Sale 8,890 2.4265 GBP
ORD Sale 9,113 2.4132 GBP
ORD Sale 10,250 2.4225 GBP
ORD Sale 10,679 2.4211 GBP
ORD Sale 12,903 2.4129 GBP
ORD Sale 12,964 2.4290 GBP
ADR Sale 13,488 12.8859 USD
ORD Sale 14,362 2.4288 GBP
ORD Sale 15,254 2.4150 GBP
ORD Sale 15,284 2.4289 GBP
ORD Sale 16,279 2.4240 GBP
ORD Sale 16,447 2.4230 GBP
ORD Sale 24,288 2.4251 GBP
ORD Sale 25,263 2.4247 GBP
ORD Sale 34,780 2.4266 GBP
ORD Sale 49,335 2.4231 GBP
ORD Sale 153,302 2.4280 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 89 2.4340 GBP
ORD SWAP Long 911 2.4339 GBP
ORD CFD Long 1,181 2.4078 GBP
ORD SWAP Long 1,400 2.4229 GBP
ORD CFD Long 1,696 2.4152 GBP
ORD SWAP Long 1,862 2.4259 GBP
ORD CFD Long 12,898 2.4247 GBP
ORD CFD Long 23,000 2.4337 GBP
ORD CFD Long 26,976 2.4278 GBP
ORD CFD Long 28,325 2.4251 GBP
ORD SWAP Long 30,680 2.4198 GBP
ORD CFD Short 1,571 2.4283 GBP
ORD CFD Short 2,060 2.4074 GBP
ORD CFD Short 9,704 2.4142 GBP
ORD CFD Short 10,463 2.4333 GBP
ORD CFD Short 13,596 2.4175 GBP
ORD SWAP Short 18,412 2.4241 GBP
ORD CFD Short 19,984 2.4255 GBP
ORD SWAP Short 19,984 2.4255 GBP
ORD CFD Short 25,717 2.4334 GBP
ORD SWAP Short 34,930 2.4296 GBP
ORD SWAP Short 48,783 2.4146 GBP
ORD CFD Short 52,708 2.4282 GBP
ORD SWAP Short 131,333 2.4299 GBP
ORD CFD Short 350,000 2.4266 GBP
ORD CFD Short 358,529 2.4245 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:

31 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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