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	7 July 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 ORD	Â	Â	Â	0	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		45,883,324		0.56%		44,047,724		0.54%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				34,957,011		0.43%		35,599,978		0.43%
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:		80,840,335		0.99%		79,647,702		0.97%

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)	Â	Purchases and sales	Â	Â	Â	Â	Â	Â
Class of relevant		Purchase/sale		Total number of		Highest price per unit		Lowest price per unit
security		Â		securities		paid/received		paid/received
5p ORD		Purchase		4,988,690		1.7197 GBP		1.6955 GBP
5p ORD		Sale		5,341,898		1.7197 GBP		1.6955 GBP
ADR		Purchase		2,000		6.7580 USD		6.7368 USD
ADR		Sale		2,000		6.7580 USD		6.7368 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 ORD		SWAP		Long		191		1.7063 GBP
5p ORD		CFD		Long		1,242		1.7143 GBP
5p ORD		CFD		Long		3,000		1.7171 GBP
5p ORD		CFD		Long		3,059		1.7001 GBP
5p ORD		SWAP		Long		4,993		1.7031 GBP
5p ORD		CFD		Long		10,489		1.7048 GBP
5p ORD		CFD		Long		13,063		1.7158 GBP
5p ORD		CFD		Long		14,829		1.7037 GBP
5p ORD		SWAP		Long		24,718		1.7059 GBP
5p ORD		CFD		Long		81,834		1.7047 GBP
5p ORD		CFD		Long		127,203		1.7041 GBP
5p ORD		CFD		Long		177,022		1.7052 GBP
5p ORD		SWAP		Long		178,205		1.7070 GBP
5p ORD		SWAP		Long		193,196		1.7084 GBP
5p ORD		SWAP		Long		499,864		1.7056 GBP
5p ORD		SWAP		Long		1,316,085		1.7071 GBP
5p ORD		CFD		Long		1,709,260		1.7050 GBP
5p ORD		SWAP		Long		1,709,260		1.7050 GBP
5p ORD		SWAP		Short		926		1.7006 GBP
5p ORD		SWAP		Short		2,100		1.6930 GBP
5p ORD		SWAP		Short		2,182		1.7190 GBP
5p ORD		SWAP		Short		2,605		1.7041 GBP
5p ORD		CFD		Short		3,300		1.7093 GBP
5p ORD		SWAP		Short		3,368		1.7053 GBP
5p ORD		SWAP		Short		3,500		1.7096 GBP
5p ORD		SWAP		Short		4,612		1.7089 GBP
5p ORD		SWAP		Short		9,667		1.7118 GBP
5p ORD		SWAP		Short		12,079		1.7074 GBP
5p ORD		SWAP		Short		14,236		1.7050 GBP
5p ORD		SWAP		Short		14,703		1.7099 GBP
5p ORD		SWAP		Short		15,286		1.7039 GBP
5p ORD		SWAP		Short		22,676		1.7100 GBP
5p ORD		SWAP		Short		32,851		1.7109 GBP
5p ORD		SWAP		Short		67,350		1.7067 GBP
5p ORD		SWAP		Short		67,432		1.7058 GBP
5p ORD		SWAP		Short		70,830		1.7072 GBP
5p ORD		SWAP		Short		133,620		1.7037 GBP
5p ORD		SWAP		Short		161,002		1.6965 GBP
5p ORD		SWAP		Short		229,542		1.7105 GBP
5p ORD		CFD		Short		324,127		1.7051 GBP
5p ORD		SWAP		Short		324,127		1.7051 GBP
5p ORD		SWAP		Short		371,269		1.7069 GBP
5p ORD		SWAP Expires 15/01/2018		Short		1,180,000		1.7018 GBP
5p ORD		SWAP Expires 15/01/2018		Short		1,180,019		1.7052 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

YES/NO

Date of disclosure:	Â	10 July 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 [phone].

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

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