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:		02 March 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	Â	Â	5p ordinary
				Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		33,004,517		0.40%		59,826,570		0.73%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				8,265,419		0.10%		12,885,309		0.16%
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
(4)
		TOTAL:		41,269,936		0.50%		72,711,879		0.89%

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		48,943,004		2.0850 GBP		2.0197 GBP
5p ordinary		Sale		79,519,729		2.0790 GBP		2.0198 GBP
ADR		Purchase		27,131		8.4046 USD		8.4046 USD
ADR		Sale		27,131		8.4046 USD		8.4046 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		2,990		2.0304 GBP
5p ordinary		SWAP		Long		5,881		2.0809 GBP
5p ordinary		SWAP		Long		9,680		2.0820 GBP
5p ordinary		CFD		Long		11,840		2.0612 GBP
5p ordinary		SWAP		Long		17,748		2.0846 GBP
5p ordinary		SWAP		Long		27,845		2.0650 GBP
5p ordinary		CFD		Long		32,673		2.0808 GBP
5p ordinary		SWAP		Long		45,200		2.0197 GBP
5p ordinary		CFD		Long		51,589		2.0198 GBP
5p ordinary		SWAP		Long		54,587		2.0463 GBP
5p ordinary		CFD		Long		60,775		2.0530 GBP
5p ordinary		SWAP		Long		83,127		2.0335 GBP
5p ordinary		CFD		Long		102,062		2.0697 GBP
5p ordinary		CFD		Long		131,131		2.0698 GBP
5p ordinary		SWAP		Long		152,536		2.0649 GBP
5p ordinary		SWAP		Long		153,546		2.0680 GBP
5p ordinary		CFD		Long		257,006		2.0536 GBP
5p ordinary		CFD		Long		268,122		2.0529 GBP
5p ordinary		SWAP		Long		334,156		2.0584 GBP
5p ordinary		SWAP		Long		440,322		2.0616 GBP
5p ordinary		SWAP		Long		671,305		2.0362 GBP
5p ordinary		SWAP		Long		1,702,178		2.0407 GBP
5p ordinary		CFD		Long		4,730,295		2.0200 GBP
5p ordinary		CFD		Short		6,818		2.0456 GBP
5p ordinary		SWAP		Short		12,900		2.0655 GBP
5p ordinary		SWAP		Short		15,612		2.0681 GBP
5p ordinary		CFD		Short		20,723		2.0391 GBP
5p ordinary		SWAP		Short		23,669		2.0682 GBP
5p ordinary		CFD		Short		29,562		2.0359 GBP
5p ordinary		CFD		Short		30,465		2.0850 GBP
5p ordinary		CFD		Short		70,542		2.0341 GBP
5p ordinary		CFD		Short		71,458		2.0416 GBP
5p ordinary		CFD		Short		78,869		2.0570 GBP
5p ordinary		CFD		Short		100,000		2.0489 GBP
5p ordinary		SWAP		Short		144,840		2.0688 GBP
5p ordinary		SWAP		Short		158,635		2.0400 GBP
5p ordinary		SWAP		Short		158,635		2.0721 GBP
5p ordinary		SWAP		Short		163,187		2.0511 GBP
5p ordinary		CFD		Short		170,876		2.0832 GBP
5p ordinary		SWAP		Short		253,884		2.0200 GBP
5p ordinary		SWAP		Short		262,700		2.0422 GBP
5p ordinary		CFD		Short		323,187		2.0430 GBP
5p ordinary		SWAP		Short		323,187		2.0430 GBP
5p ordinary		SWAP		Short		366,905		2.0204 GBP
5p ordinary		CFD		Short		451,491		2.0576 GBP
5p ordinary		SWAP		Short		731,029		2.0474 GBP
5p ordinary		CFD		Short		4,356,661		2.0201 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:		5 Mar 2018
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.

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