Form 8.5 (EPT/NON-RI) - TESCO PLC - BCSL

Form 8.5 (EPT/NON-RI) - TESCO PLC - BCSL

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		TESCO PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		TESCO PLC
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		06 July 2017
(e)		In addition to the company in 1(b) above, is the exempt principal		YES:
Â		trader making disclosures in respect of any other party to the offer?		BOOKER GROUP PLC

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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	5p ORD
	Â			Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		45,475,112		0.56%		44,242,678		0.54%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				35,291,143		0.43%		35,415,815		0.43%
Â		Â		Â		Â		Â		Â
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
											Â
		TOTAL:		80,766,255		0.99%		79,658,493		0.97%

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 EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), 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	Total number of	Â	Highest price per unit	Â	Lowest price per unit
security		Â		securities		paid/received		paid/received
5p ORD		Purchase		8,258,803		1.7267 GBP		1.7112 GBP
5p ORD		Sale		3,966,141		1.7285 GBP		1.7112 GBP
ADR		Purchase		4,400		6.8100 USD		6.7934 USD
ADR		Purchase		4,400		6.8100 USD		6.7934 USD

(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
5p ORD		CFD		Long		991		1.7253 GBP
5p ORD		SWAP		Long		2,630		1.7186 GBP
5p ORD		CFD		Long		3,042		1.7327 GBP
5p ORD		SWAP		Long		3,091		1.7240 GBP
5p ORD		CFD		Long		8,037		1.7158 GBP
5p ORD		CFD		Long		9,828		1.7188 GBP
5p ORD		CFD		Long		9,900		1.7197 GBP
5p ORD		SWAP		Long		11,837		1.7176 GBP
5p ORD		SWAP		Long		13,308		1.7267 GBP
5p ORD		CFD		Long		23,923		1.7144 GBP
5p ORD		SWAP		Long		64,400		1.7160 GBP
5p ORD		SWAP		Long		72,560		1.7198 GBP
5p ORD		CFD		Long		133,899		1.7184 GBP
5p ORD		SWAP		Long		401,765		1.7250 GBP
5p ORD		SWAP		Long		538,695		1.7214 GBP
5p ORD		CFD		Long		543,650		1.7190 GBP
5p ORD		CFD		Short		20		1.7170 GBP
5p ORD		SWAP		Short		1,510		1.7221 GBP
5p ORD		SWAP		Short		1,631		1.7239 GBP
5p ORD		SWAP		Short		2,574		1.7214 GBP
5p ORD		SWAP		Short		5,515		1.7219 GBP
5p ORD		SWAP		Short		8,851		1.7231 GBP
5p ORD		SWAP		Short		9,874		1.7181 GBP
5p ORD		SWAP		Short		11,349		1.7228 GBP
5p ORD		CFD		Short		13,063		1.7161 GBP
5p ORD		SWAP		Short		14,870		1.7209 GBP
5p ORD		SWAP		Short		20,384		1.7217 GBP
5p ORD		SWAP		Short		20,540		1.7201 GBP
5p ORD		SWAP		Short		34,565		1.7206 GBP
5p ORD		CFD		Short		41,682		1.7190 GBP
5p ORD		SWAP		Short		41,682		1.7190 GBP
5p ORD		SWAP		Short		54,790		1.7164 GBP
5p ORD		SWAP		Short		89,640		1.7189 GBP
5p ORD		SWAP		Short		96,600		1.7160 GBP
5p ORD		SWAP		Short		120,193		1.7202 GBP
5p ORD		SWAP Expires 15/01/2018		Short		134,981		1.7225 GBP
5p ORD		SWAP		Short		143,675		1.7203 GBP
5p ORD		CFD		Short		150,025		1.7213 GBP
5p ORD		SWAP		Short		150,025		1.7213 GBP
5p ORD		SWAP		Short		322,003		1.7212 GBP
5p ORD		SWAP		Short		343,024		1.7197 GBP
5p ORD		SWAP		Short		790,750		1.7188 GBP
5p ORD		SWAP		Short		1,396,570		1.7162 GBP
5p ORD		SWAP Expires 15/01/2018		Short		2,495,000		1.7198 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.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Â

Product description e.g. call option

Â

Exercising/ exercised against

Â

Number of securities

Â

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

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 exempt principal trader 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 exempt principal trader 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	NO
Date of disclosure:		7 Jul 2017
Contact name:		Hemika Mistry
Telephone number:		020 7116 3891

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

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/20170707005236/en/