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:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	TESCO PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	TESCO PLC
(d) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	Â	22 August 2017
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Â	YES 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	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		57,808,932		0.71%		49,561,780		0.61%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				38,430,592		0.47%		44,773,120		0.55%
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:		96,239,524		1.18%		94,334,900		1.15%

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		7,144,362		1.8500 GBP		1.7747 GBP
5p ordinary		Sale		5,205,656		1.8500 GBP		1.7747 GBP
ADR		Purchase		2,800		7.2156 USD		7.1800 USD
ADR		Sale		2,800		7.2156 USD		7.1800 USD
									Â
(b)		Cash-settled derivative transactions		Â		Â		Â
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
5p ordinary		SWAP		Long		49		1.8315 GBP
5p ordinary		CFD		Long		985		1.8333 GBP
5p ordinary		CFD		Long		1,037		1.8273 GBP
5p ordinary		CFD		Long		1,385		1.8237 GBP
5p ordinary		CFD		Long		1,568		1.8403 GBP
5p ordinary		CFD		Long		1,827		1.8261 GBP
5p ordinary		SWAP		Long		1,950		1.8385 GBP
5p ordinary		SWAP		Long		2,127		1.8339 GBP
5p ordinary		CFD		Long		2,670		1.8303 GBP
5p ordinary		SWAP		Long		3,176		1.8322 GBP
5p ordinary		CFD		Long		5,826		1.8419 GBP
5p ordinary		SWAP		Long		6,350		1.7785 GBP
5p ordinary		SWAP		Long		8,244		1.8295 GBP
5p ordinary		CFD		Long		8,941		1.7717 GBP
5p ordinary		SWAP		Long		9,114		1.8328 GBP
5p ordinary		SWAP		Long		9,719		1.8318 GBP
5p ordinary		SWAP		Long		10,114		1.8384 GBP
5p ordinary		SWAP		Long		17,519		1.8321 GBP
5p ordinary		CFD		Long		20,048		1.8311 GBP
5p ordinary		SWAP		Long		26,329		1.8290 GBP
5p ordinary		SWAP		Long		39,314		1.8420 GBP
5p ordinary		CFD		Long		42,459		1.8310 GBP
5p ordinary		SWAP		Long		51,848		1.8182 GBP
5p ordinary		SWAP		Long		52,401		1.8325 GBP
5p ordinary		SWAP		Long		54,316		1.8285 GBP
5p ordinary		SWAP		Long		55,122		1.8316 GBP
5p ordinary		CFD		Long		57,248		1.8238 GBP
5p ordinary		CFD		Long		80,345		1.8304 GBP
5p ordinary		SWAP		Long		139,319		1.8320 GBP
5p ordinary		CFD		Long		160,000		1.8459 GBP
5p ordinary		SWAP		Long		230,743		1.8191 GBP
5p ordinary		SWAP		Long		271,396		1.8203 GBP
5p ordinary		SWAP		Long		417,942		1.8253 GBP
5p ordinary		CFD		Short		287		1.8275 GBP
5p ordinary		CFD		Short		300		1.8316 GBP
5p ordinary		SWAP		Short		2,200		1.7770 GBP
5p ordinary		CFD		Short		8,941		1.8322 GBP
5p ordinary		CFD		Short		10,864		1.8311 GBP
5p ordinary		SWAP		Short		32,000		1.8295 GBP
5p ordinary		SWAP		Short		41,937		1.8363 GBP
5p ordinary		CFD		Short		46,097		1.8180 GBP
5p ordinary		SWAP		Short		95,599		1.8410 GBP
5p ordinary		SWAP		Short		153,352		1.8420 GBP
5p ordinary		CFD		Short		164,436		1.8323 GBP
5p ordinary		CFD		Short		639,747		1.8368 GBP
5p ordinary		SWAP		Short		933,966		1.8325 GBP
5p ordinary		SWAP		Short		1,728,500		1.8328 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:	Â	NO
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 [phone].

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

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