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:		14 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 ordinary
	Â			Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		43,639,716		0.53%		46,039,980		0.56%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				35,498,382		0.43%		32,294,429		0.39%
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:		79,138,098		0.97%		78,334,409		0.96%

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 ordinary		Purchase		1,879,757		1.7500 GBP		1.7308 GBP
5p ordinary		Sale		4,547,982		1.7500 GBP		1.7312 GBP
ADR		Purchase		2,345		6.9000 USD		6.8897 USD
ADR		Sale		2,345		6.9000 USD		6.8897 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 ordinary		CFD		Long		10		1.7500 GBP
5p ordinary		CFD		Long		20		1.7485 GBP
5p ordinary		CFD		Long		20		1.7490 GBP
5p ordinary		CFD		Long		70		1.7472 GBP
5p ordinary		CFD		Long		75		1.7418 GBP
5p ordinary		CFD		Long		933		1.7443 GBP
5p ordinary		CFD		Long		1,102		1.7403 GBP
5p ordinary		CFD		Long		2,835		1.7468 GBP
5p ordinary		SWAP		Long		4,648		1.7406 GBP
5p ordinary		SWAP		Long		5,105		1.7357 GBP
5p ordinary		SWAP Expires 18/08/2018		Long		7,125		1.7386 GBP
5p ordinary		CFD		Long		7,443		1.7473 GBP
5p ordinary		SWAP		Long		8,399		1.7315 GBP
5p ordinary		SWAP		Long		10,063		1.7462 GBP
5p ordinary		CFD		Long		11,373		1.7451 GBP
5p ordinary		CFD		Long		33,829		1.7434 GBP
5p ordinary		SWAP		Long		46,092		1.7437 GBP
5p ordinary		CFD		Long		71,692		1.7348 GBP
5p ordinary		SWAP		Long		212,640		1.7452 GBP
5p ordinary		CFD		Long		230,000		1.7312 GBP
5p ordinary		SWAP		Long		242,805		1.7461 GBP
5p ordinary		CFD		Long		254,847		1.7448 GBP
5p ordinary		CFD		Long		258,246		1.7463 GBP
5p ordinary		SWAP		Long		273,700		1.7350 GBP
5p ordinary		SWAP		Long		280,043		1.7352 GBP
5p ordinary		SWAP		Long		288,592		1.7460 GBP
5p ordinary		SWAP Expires 18/08/2018		Long		861,000		1.7430 GBP
5p ordinary		SWAP		Long		903,038		1.7416 GBP
5p ordinary		SWAP		Short		3		1.7474 GBP
5p ordinary		SWAP		Short		69		1.7469 GBP
5p ordinary		SWAP		Short		348		1.7456 GBP
5p ordinary		SWAP		Short		830		1.7489 GBP
5p ordinary		SWAP		Short		1,147		1.7470 GBP
5p ordinary		SWAP		Short		1,234		1.7463 GBP
5p ordinary		SWAP		Short		1,573		1.7479 GBP
5p ordinary		SWAP		Short		1,602		1.7451 GBP
5p ordinary		SWAP		Short		4,365		1.7363 GBP
5p ordinary		SWAP		Short		4,943		1.7457 GBP
5p ordinary		CFD		Short		5,089		1.7476 GBP
5p ordinary		SWAP		Short		5,089		1.7476 GBP
5p ordinary		SWAP		Short		9,264		1.7387 GBP
5p ordinary		SWAP		Short		10,079		1.7477 GBP
5p ordinary		SWAP		Short		12,419		1.7316 GBP
5p ordinary		SWAP		Short		28,125		1.7314 GBP
5p ordinary		SWAP		Short		74,243		1.7460 GBP
5p ordinary		SWAP		Short		80,501		1.7308 GBP
5p ordinary		SWAP		Short		161,002		1.7367 GBP
5p ordinary		SWAP		Short		304,361		1.7458 GBP
5p ordinary		CFD		Short		329,335		1.7350 GBP
5p ordinary		CFD		Short		444,349		1.7462 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:		17 Jul 2017
Contact name:		Jay Supaya
Telephone number:		020 7773 0635

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/20170717005422/en/