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

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

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)   Name of exempt principal trader:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose TESCO PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt TESCO PLC
  principal trader is connected  
(d) Date position held/dealing undertaken: 15 June 2017
(e) In addition to the company in 1(b) above, is the exempt principal YES:
  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:   0.05p ORD
  Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 34,779,132 0.42% 42,183,558 0.52%
           
(2) Cash-settled derivatives:
35,819,960 0.44% 25,632,789 0.31%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           

 

(4)

TOTAL: 70,599,092 0.86% 67,816,347 0.83%

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 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   Purchase/sale   Total number of   Highest price per unit   Lowest price per unit
security   securities paid/received paid/received
0.05p ORD Purchase 2,099,897 1.8365 GBP 1.7945 GBP
0.05p ORD Sale 4,666,563 1.8538 GBP 1.7945 GBP
ADR Purchase 55,190 6.9299 USD 6.9299 USD
ADR Sale 55,190 6.9299 USD 6.9299 USD
ADR Purchase 49,124

6.9029 USD

6.9029 USD

ADR Sale 49,124

6.9029 USD

6.9029 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
0.05p ORD SWAP Long 774 1.8061 GBP
0.05p ORD SWAP Long 2,269 1.8259 GBP
0.05p ORD SWAP Long 2,334 1.8157 GBP
0.05p ORD CFD Long 2,688 1.8538 GBP
0.05p ORD SWAP Long 3,204 1.8540 GBP
0.05p ORD SWAP Long 3,654 1.8089 GBP
0.05p ORD SWAP Long 5,844 1.7973 GBP
0.05p ORD SWAP Long 6,061 1.8190 GBP
0.05p ORD SWAP Long 7,667 1.8004 GBP
0.05p ORD SWAP Long 7,705 1.8118 GBP
0.05p ORD SWAP Long 7,918 1.7995 GBP
0.05p ORD SWAP Long 8,230 1.8302 GBP
0.05p ORD SWAP Long 12,637 1.7996 GBP
0.05p ORD CFD Long 12,924 1.8013 GBP
0.05p ORD SWAP Long 13,372 1.8078 GBP
0.05p ORD SWAP Long 21,120 1.8020 GBP
0.05p ORD SWAP Long 22,560 1.8080 GBP
0.05p ORD SWAP Long 24,037 1.8200 GBP
0.05p ORD SWAP Long 38,664 1.8032 GBP
0.05p ORD SWAP Long 39,398 1.8034 GBP
0.05p ORD CFD Long 53,297 1.8015 GBP
0.05p ORD SWAP Long 53,297 1.8015 GBP
0.05p ORD SWAP Long 65,468 1.8043 GBP
0.05p ORD CFD Long 92,050 1.8126 GBP
0.05p ORD CFD Long 147,372 1.7961 GBP
0.05p ORD SWAP Long 171,891 1.8028 GBP
0.05p ORD SWAP Long 190,773 1.8149 GBP
0.05p ORD SWAP Long 2,193,477 1.8059 GBP
0.05p ORD CFD Short 879 1.8201 GBP
0.05p ORD CFD Short 1,342 1.8016 GBP
0.05p ORD CFD Short 2,506 1.8021 GBP
0.05p ORD CFD Short 2,534 1.8091 GBP
0.05p ORD CFD Short 3,525 1.8227 GBP
0.05p ORD CFD Short 4,143 1.8018 GBP
0.05p ORD SWAP Short 6,777 1.8495 GBP
0.05p ORD CFD Short 14,227 1.7985 GBP
0.05p ORD SWAP Short 38,530 1.8199 GBP
0.05p ORD CFD Short 40,000 1.7987 GBP
0.05p ORD CFD Short 78,120 1.7996 GBP
0.05p ORD CFD Short 373,455 1.7995 GBP
0.05p ORD SWAP Short 373,455 1.7995 GBP
0.05p ORD CFD Short 657,055 1.8050 GBP
0.05p ORD SWAP Short 657,055 1.8050 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 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”

(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”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 16 Jun 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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Companies

Tesco (TSCO)
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