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: 21 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:       5p ordinary            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 37,917,095 0.46% 46,956,973 0.57%
           
(2) Cash-settled derivatives:
40,106,522 0.49% 28,855,256 0.35%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 78,023,617 0.95% 75,812,229 0.93%

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 4,830,619 1.6867 GBP 1.6704 GBP
5p ordinary Sale 2,114,455 1.6867 GBP 1.6747 GBP
ADR Purchase 85,395 6.4349 USD 6.4188 USD
ADR Sale 85,395 6.4349 USD 6.4188 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
5p ordinary CFD Long 1,098 1.6859 GBP
5p ordinary CFD Long 7,325 1.6763 GBP
5p ordinary CFD Long 7,562 1.6833 GBP
5p ordinary CFD Long 15,285 1.6798 GBP
5p ordinary SWAP Long 35,119 1.6769 GBP
5p ordinary SWAP Long 35,449 1.6792 GBP
5p ordinary CFD Long 55,973 1.6788 GBP
5p ordinary CFD Long 57,815 1.6753 GBP
5p ordinary SWAP Long 65,772 1.6803 GBP
5p ordinary SWAP Long 123,201 1.6784 GBP
5p ordinary CFD Long 125,561 1.6789 GBP
5p ordinary SWAP Long 172,457 1.6832 GBP
5p ordinary CFD Long 174,297 1.6754 GBP
5p ordinary CFD Long 420,453 1.6790 GBP
5p ordinary SWAP Short 118 1.6800 GBP
5p ordinary CFD Short 791 1.6751 GBP
5p ordinary SWAP Short 2,549 1.6839 GBP
5p ordinary SWAP Short 3,678 1.6704 GBP
5p ordinary CFD Short 3,684 1.6831 GBP
5p ordinary SWAP Short 5,499 1.6811 GBP
5p ordinary SWAP Short 6,309 1.6809 GBP
5p ordinary CFD Short 7,441 1.6791 GBP
5p ordinary CFD Short 8,342 1.6813 GBP
5p ordinary SWAP Short 10,358 1.6786 GBP
5p ordinary CFD Short 11,628 1.6768 GBP
5p ordinary SWAP Short 12,158 1.6780 GBP
5p ordinary SWAP Short 20,855 1.6823 GBP
5p ordinary SWAP Short 24,023 1.6821 GBP
5p ordinary SWAP Short 39,251 1.6808 GBP
5p ordinary SWAP Short 53,068 1.6817 GBP
5p ordinary CFD Short 61,856 1.6815 GBP
5p ordinary SWAP Short 61,856 1.6815 GBP
5p ordinary CFD Short 227,732 1.6820 GBP
5p ordinary SWAP Short 227,732 1.6820 GBP
5p ordinary CFD Short 246,963 1.6806 GBP
5p ordinary SWAP Short 259,351 1.6801 GBP
5p ordinary CFD Short 283,018 1.6788 GBP
5p ordinary SWAP Short 431,410 1.6789 GBP
5p ordinary SWAP Short 440,840 1.6790 GBP
5p ordinary CFD Short 639,067 1.6804 GBP
5p ordinary SWAP Short 639,067 1.6804 GBP
5p ordinary SWAP Short 992,886 1.6785 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: 22 Jun 2017
Contact name: Jay Supaya
Telephone number: 0207 773 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 +44 (0)20 7638 0129.

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

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