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

 

24 May 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

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: 10,371,487 0.54% 10,204,377 0.53%
           
(2) Cash-settled derivatives:
8,744,155 0.45% 401,532 0.02%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 1,000,000 0.05% 0 0.00%
           
(4)
TOTAL: 20,115,642 1.04% 10,605,909 0.55%
 
Class of relevant security:   Convertible Bond XS1268412993      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 0 0.00% 200,000 0.01%
           
(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% 200,000 0.01%
 
Class of relevant security:   Convertible Bond XS1139087933      
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 4,700,000 0.24% 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: 4,700,000 0.24% 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

(a)   Purchases and sales        
Class of relevant Purchase/sale Number of Price per unit
security   securities  
ORD Purchase 65 2.6466 GBP
ORD Purchase 199 2.6530 GBP
ORD Purchase 292 2.6610 GBP
ORD Purchase 337 2.6467 GBP
ORD Purchase 415 2.6279 GBP
ORD Purchase 541 2.6502 GBP
ORD Purchase 663 2.6420 GBP
ORD Purchase 761 2.6105 GBP
ORD Purchase 847 2.6470 GBP
ORD Purchase 951 2.6500 GBP
ORD Purchase 1,129 2.6503 GBP
ORD Purchase 1,219 2.6095 GBP
ORD Purchase 1,406 2.6100 GBP
ORD Purchase 1,596 2.6490 GBP
ORD Purchase 1,599 2.6550 GBP
ORD Purchase 1,603 2.6590 GBP
ORD Purchase 1,604 2.6460 GBP
ORD Purchase 1,605 2.6400 GBP
ORD Purchase 1,606 2.6350 GBP
ORD Purchase 2,388 2.6560 GBP
ORD Purchase 2,923 2.6399 GBP
ORD Purchase 2,999 2.6412 GBP
ORD Purchase 3,000 2.6104 GBP
ORD Purchase 3,446 2.6280 GBP
ORD Purchase 3,816 2.6360 GBP
ORD Purchase 3,823 2.6310 GBP
ORD Purchase 3,831 2.6390 GBP
ORD Purchase 3,940 2.6140 GBP
ORD Purchase 4,030 2.6320 GBP
ORD Purchase 4,258 2.6370 GBP
ORD Purchase 5,102 2.6540 GBP
ORD Purchase 5,806 2.6510 GBP
ORD Purchase 7,616 2.6501 GBP
ORD Purchase 9,479 2.6099 GBP
ORD Purchase 10,145 2.6504 GBP
ORD Purchase 14,617 2.6282 GBP
ORD Purchase 14,621 2.6580 GBP
ORD Purchase 16,106 2.6393 GBP
ORD Purchase 77,610 2.6410 GBP
ORD Purchase 92,162 2.6353 GBP
ORD Sale 292 2.6610 GBP
ORD Sale 708 2.6288 GBP
ORD Sale 737 2.6500 GBP
ORD Sale 761 2.6105 GBP
ORD Sale 836 2.6470 GBP
ORD Sale 1,192 2.6580 GBP
ORD Sale 1,219 2.6095 GBP
ORD Sale 1,596 2.6490 GBP
ORD Sale 1,599 2.6550 GBP
ORD Sale 1,604 2.6460 GBP
ORD Sale 1,605 2.6400 GBP
ORD Sale 1,606 2.6350 GBP
ORD Sale 2,524 2.6420 GBP
ORD Sale 2,870 2.6341 GBP
ORD Sale 2,895 2.6515 GBP
ORD Sale 2,999 2.6552 GBP
ORD Sale 3,446 2.6280 GBP
ORD Sale 3,653 2.6410 GBP
ORD Sale 3,823 2.6310 GBP
ORD Sale 3,831 2.6390 GBP
ORD Sale 3,940 2.6140 GBP
ORD Sale 3,991 2.6560 GBP
ORD Sale 4,030 2.6320 GBP
ORD Sale 4,087 2.6414 GBP
ORD Sale 4,109 2.6510 GBP
ORD Sale 4,903 2.6590 GBP
ORD Sale 5,102 2.6540 GBP
ORD Sale 6,232 2.6370 GBP
ORD Sale 6,280 2.6100 GBP
ORD Sale 7,083 2.6431 GBP
ORD Sale 9,095 2.6395 GBP
ORD Sale 18,685 2.6424 GBP
ORD Sale 45,032 2.6345 GBP
ORD Sale 45,766 2.6378 GBP
ORD Sale 54,681 2.6360 GBP
ORD Sale 69,429 2.6501 GBP
ORD Sale 70,571 2.6394 GBP
ORD Sale 91,049 2.6407 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 781 2.6379 GBP
ORD SWAP Long 2,167 2.6128 GBP
ORD CFD Long 2,999 2.6552 GBP
ORD CFD Long 7,083 2.6431 GBP
ORD SWAP Long 24,880 2.6454 GBP
ORD SWAP Long 44,737 2.6360 GBP
ORD CFD Long 54,255 2.6386 GBP
ORD CFD Long 69,429 2.6500 GBP
ORD CFD Long 95,835 2.6383 GBP
ORD SWAP Short 828 2.6400 GBP
ORD CFD Short 2,999 2.6412 GBP
ORD SWAP Short 3,000 2.6107 GBP
ORD SWAP Short 3,820 2.6500 GBP
ORD CFD Short 4,943 2.6163 GBP
ORD CFD Short 7,083 2.6409 GBP
ORD SWAP Short 16,106 2.6393 GBP
ORD SWAP Short 43,911 2.6410 GBP
ORD SWAP Short 55,775 2.6302 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:

25 May 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)

2.   OPTIONS AND DERIVATIVES                    
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

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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