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 relevant securities this form relates:

Use a separate form for each offeror/offeree

 

TESCO PLC

(c) Name of the party to the offer with which exempt principal trader is connected:  

TESCO PLC

(d) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

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”

 

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:       5p ordinary            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 57,808,932 0.71% 49,561,780 0.61%
           
(2) Cash-settled derivatives:
38,430,592 0.47% 44,773,120 0.55%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(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:  
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 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
 
(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 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   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:  

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 +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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