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: 10 August 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:       5p ordinary            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 52,143,544 0.64% 45,591,154 0.56%
           
(2) Cash-settled derivatives:
34,928,946 0.43% 39,609,836 0.48%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 87,072,490 1.06% 85,200,990 1.04%

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
5p ordinary Purchase 1,958,666 1.8036 GBP 1.7612 GBP
5p ordinary Sale 2,697,700 1.8035 GBP 1.7612 GBP
ADR Purchase 26,815 6.9822 USD 6.9784 USD
ADR Sale 26,815 6.9822 USD 6.9784 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ordinary SWAP Long 534 1.7685 GBP
5p ordinary CFD Long 1,194 1.7613 GBP
5p ordinary SWAP Long 1,994 1.7695 GBP
5p ordinary SWAP Long 3,892 1.7688 GBP
5p ordinary SWAP Long 5,514 1.7819 GBP
5p ordinary SWAP Long 6,760 1.7717 GBP
5p ordinary SWAP Long 9,049 1.7726 GBP
5p ordinary CFD Long 10,400 1.7655 GBP
5p ordinary CFD Long 11,976 1.7658 GBP
5p ordinary SWAP Long 12,055 1.7822 GBP
5p ordinary SWAP Long 12,299 1.7736 GBP
5p ordinary CFD Long 13,181 1.7935 GBP
5p ordinary SWAP Long 15,821 1.7732 GBP
5p ordinary SWAP Long 19,484 1.7891 GBP
5p ordinary SWAP Long 20,327 1.7781 GBP
5p ordinary SWAP Long 23,099 1.7757 GBP
5p ordinary SWAP Long 23,844 1.7883 GBP
5p ordinary CFD Long 41,184 1.7693 GBP
5p ordinary SWAP Long 43,534 1.7742 GBP
5p ordinary SWAP Long 50,883 1.7720 GBP
5p ordinary CFD Long 76,902 1.7876 GBP
5p ordinary SWAP Long 115,605 1.7752 GBP
5p ordinary SWAP Long 166,698 1.7750 GBP
5p ordinary SWAP Long 440,960 1.7689 GBP
5p ordinary CFD Long 783,118 1.7700 GBP
5p ordinary CFD Short 985 1.7756 GBP
5p ordinary CFD Short 1,441 1.7676 GBP
5p ordinary CFD Short 1,442 1.7716 GBP
5p ordinary SWAP Short 1,516 1.7885 GBP
5p ordinary CFD Short 1,714 1.7715 GBP
5p ordinary CFD Short 1,969 1.7606 GBP
5p ordinary CFD Short 3,497 1.8036 GBP
5p ordinary SWAP Short 6,646 1.7648 GBP
5p ordinary SWAP Short 9,699 1.7769 GBP
5p ordinary SWAP Short 9,766 1.7700 GBP
5p ordinary CFD Short 15,566 1.7701 GBP
5p ordinary CFD Short 16,344 1.7744 GBP
5p ordinary CFD Short 22,656 1.7687 GBP
5p ordinary CFD Short 46,531 1.7653 GBP
5p ordinary CFD Short 65,928 1.7683 GBP
5p ordinary SWAP Short 67,014 1.7745 GBP
5p ordinary SWAP Short 149,421 1.7678 GBP
5p ordinary SWAP Short 186,285 1.7665 GBP
5p ordinary CFD Short 235,843 1.7722 GBP
5p ordinary SWAP Short 293,793 1.7698 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”

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?   NO
Date of disclosure: 11 Aug 2017
Contact name: Femi Badmos
Telephone number: 020 3555 1125

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)
UK 100

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