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)	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:		26 February 2018
(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:		37,606,998		0.46%		37,264,680		0.45%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				13,100,368		0.16%		17,335,231		0.21%
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:		50,707,366		0.62%		54,599,911		0.67%

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		2,115,671		2.0696 GBP		2.0496 GBP
5p ordinary		Sale		2,651,480		2.0675 GBP		2.0549 GBP
ADR		Purchase		3,419		8.6462 GBP		8.6438 GBP
ADR		Sale		3,419		8.6462 GBP		8.6438 GBP

(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		3,075		2.0666 GBP
5p ordinary		SWAP		Long		5,379		2.0644 GBP
5p ordinary		CFD		Long		6,851		2.0610 GBP
5p ordinary		SWAP		Long		16,733		2.0549 GBP
5p ordinary		CFD		Long		24,300		2.0512 GBP
5p ordinary		SWAP		Long		44,100		2.0597 GBP
5p ordinary		CFD		Long		48,263		2.0614 GBP
5p ordinary		CFD		Long		73,825		2.0599 GBP
5p ordinary		SWAP		Long		292,997		2.0594 GBP
5p ordinary		CFD		Long		309,509		2.0598 GBP
5p ordinary		SWAP		Long		443,008		2.0600 GBP
5p ordinary		SWAP		Long		506,899		2.0606 GBP
5p ordinary		SWAP		Short		24		2.0620 GBP
5p ordinary		CFD		Short		71		2.0591 GBP
5p ordinary		SWAP		Short		100		2.0697 GBP
5p ordinary		SWAP		Short		1,658		2.0664 GBP
5p ordinary		SWAP		Short		1,774		2.0617 GBP
5p ordinary		SWAP		Short		2,163		2.0654 GBP
5p ordinary		CFD		Short		3,867		2.0541 GBP
5p ordinary		CFD		Short		4,936		2.0496 GBP
5p ordinary		SWAP		Short		7,255		2.0643 GBP
5p ordinary		SWAP		Short		9,936		2.0651 GBP
5p ordinary		SWAP		Short		10,067		2.0613 GBP
5p ordinary		SWAP		Short		10,553		2.0596 GBP
5p ordinary		SWAP		Short		15,347		2.0628 GBP
5p ordinary		SWAP		Short		16,054		2.0619 GBP
5p ordinary		SWAP		Short		20,427		2.0587 GBP
5p ordinary		CFD		Short		23,903		2.0577 GBP
5p ordinary		CFD		Short		32,283		2.0553 GBP
5p ordinary		SWAP		Short		33,090		2.0602 GBP
5p ordinary		SWAP		Short		47,309		2.0626 GBP
5p ordinary		CFD		Short		49,179		2.0692 GBP
5p ordinary		CFD		Short		50,000		2.0581 GBP
5p ordinary		CFD		Short		71,016		2.0636 GBP
5p ordinary		SWAP		Short		95,454		2.0633 GBP
5p ordinary		CFD		Short		127,322		2.0652 GBP
5p ordinary		SWAP		Short		216,131		2.0594 GBP
5p ordinary		SWAP		Short		234,313		2.0614 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:		27 Feb 2018
Contact name:		Elise Tang
Telephone number:		0207 1163 001

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/20180227005729/en/