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:		11 January 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	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		38,678,248		0.47%		47,139,002		0.58%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				19,918,106		0.24%		15,733,544		0.19%
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:		58,596,354		0.72%		62,872,546		0.77%

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		8,478,036		2.0475 GBP		2.0114 GBP
5p ordinary		Sale		10,069,315		2.0475 GBP		2.0117 GBP
ADR		Purchase		39,573		8.1870 USD		8.1850 USD
ADR		Sale		39,573		8.1870 USD		8.1850 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		SWAP		Long		199		2.0117 GBP
5p ordinary		SWAP		Long		700		2.0228 GBP
5p ordinary		SWAP		Long		712		2.0217 GBP
5p ordinary		SWAP		Long		1,007		2.0194 GBP
5p ordinary		SWAP		Long		1,700		2.0417 GBP
5p ordinary		SWAP		Long		2,118		2.0174 GBP
5p ordinary		CFD		Long		2,452		2.0343 GBP
5p ordinary		SWAP		Long		10,027		2.0162 GBP
5p ordinary		CFD		Long		10,344		2.0259 GBP
5p ordinary		SWAP		Long		10,875		2.0152 GBP
5p ordinary		CFD		Long		17,616		2.0357 GBP
5p ordinary		SWAP		Long		53,523		2.0242 GBP
5p ordinary		SWAP		Long		71,485		2.0230 GBP
5p ordinary		SWAP		Long		282,260		2.0215 GBP
5p ordinary		SWAP		Long		487,891		2.0275 GBP
5p ordinary		SWAP		Long		1,359,115		2.0288 GBP
5p ordinary		CFD		Short		760		2.0378 GBP
5p ordinary		CFD		Short		839		2.0461 GBP
5p ordinary		SWAP		Short		2,051		2.0254 GBP
5p ordinary		CFD		Short		3,004		2.0114 GBP
5p ordinary		CFD		Short		5,149		2.0153 GBP
5p ordinary		SWAP		Short		6,041		2.0307 GBP
5p ordinary		CFD		Short		7,792		2.0394 GBP
5p ordinary		CFD		Short		21,071		2.0266 GBP
5p ordinary		CFD		Short		25,066		2.0327 GBP
5p ordinary		CFD		Short		26,410		2.0392 GBP
5p ordinary		CFD		Short		42,023		2.0234 GBP
5p ordinary		CFD		Short		46,284		2.0318 GBP
5p ordinary		CFD		Short		50,000		2.0321 GBP
5p ordinary		CFD		Short		52,735		2.0294 GBP
5p ordinary		CFD		Short		54,415		2.0426 GBP
5p ordinary		CFD		Short		59,222		2.0311 GBP
5p ordinary		CFD		Short		63,126		2.0386 GBP
5p ordinary		CFD		Short		64,501		2.0319 GBP
5p ordinary		CFD		Short		88,482		2.0419 GBP
5p ordinary		CFD		Short		123,736		2.0249 GBP
5p ordinary		SWAP		Short		130,992		2.0226 GBP
5p ordinary		CFD		Short		205,636		2.0361 GBP
5p ordinary		CFD		Short		246,450		2.0284 GBP
5p ordinary		SWAP		Short		316,266		2.0241 GBP
5p ordinary		SWAP		Short		355,417		2.0265 GBP
5p ordinary		CFD		Short		507,698		2.0287 GBP
5p ordinary		CFD		Short		551,029		2.0324 GBP
5p ordinary		SWAP		Short		824,661		2.0501 GBP
5p ordinary		CFD		Short		1,072,430		2.0248 GBP
5p ordinary		SWAP Expires 15/01/2019		Short		8,999,954		2.0230 GBP
5p ordinary		SWAP		Short		8,999,954		2.0230 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:		12 Jan 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180112005211/en/