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 July 2017
(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:		43,275,387		0.53%		43,359,552		0.53%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				33,706,687		0.41%		32,553,308		0.40%
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:		76,982,074		0.94%		75,912,860		0.93%

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		2,286,396		1.7361 GBP		1.7072 GBP
5p ordinary		Sale		3,130,477		1.7315 GBP		1.6971 GBP
ADR		Purchase		78,221		6.7191 USD		6.6490 USD
ADR		Sale		78,221		6.7191 USD		6.6490 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		1,959		1.7205 GBP
5p ordinary		SWAP		Long		2,317		1.7204 GBP
5p ordinary		CFD		Long		5,701		1.7298 GBP
5p ordinary		CFD		Long		9,191		1.7103 GBP
5p ordinary		CFD		Long		23,752		1.7158 GBP
5p ordinary		SWAP		Long		33,720		1.7207 GBP
5p ordinary		CFD		Long		49,606		1.7150 GBP
5p ordinary		SWAP		Long		57,005		1.7234 GBP
5p ordinary		SWAP		Long		86,247		1.7233 GBP
5p ordinary		SWAP		Long		101,211		1.7259 GBP
5p ordinary		CFD		Long		150,000		1.6971 GBP
5p ordinary		SWAP		Long		226,889		1.7197 GBP
5p ordinary		CFD		Long		236,523		1.7229 GBP
5p ordinary		CFD		Long		262,459		1.7163 GBP
5p ordinary		SWAP		Long		385,805		1.7251 GBP
5p ordinary		CFD		Long		510,197		1.7105 GBP
5p ordinary		SWAP		Long		510,197		1.7105 GBP
5p ordinary		CFD		Short		915		1.7186 GBP
5p ordinary		SWAP		Short		1,518		1.7364 GBP
5p ordinary		SWAP		Short		1,815		1.7259 GBP
5p ordinary		SWAP		Short		2,248		1.7100 GBP
5p ordinary		SWAP		Short		2,342		1.7232 GBP
5p ordinary		SWAP		Short		3,102		1.7303 GBP
5p ordinary		SWAP		Short		3,208		1.7148 GBP
5p ordinary		SWAP		Short		3,475		1.7250 GBP
5p ordinary		SWAP		Short		4,419		1.7361 GBP
5p ordinary		SWAP		Short		5,635		1.7292 GBP
5p ordinary		SWAP		Short		6,282		1.7283 GBP
5p ordinary		CFD		Short		6,743		1.7179 GBP
5p ordinary		CFD		Short		6,850		1.7116 GBP
5p ordinary		SWAP		Short		6,850		1.7116 GBP
5p ordinary		SWAP		Short		7,107		1.7309 GBP
5p ordinary		SWAP		Short		7,338		1.7313 GBP
5p ordinary		SWAP		Short		9,851		1.7304 GBP
5p ordinary		SWAP		Short		17,355		1.7227 GBP
5p ordinary		SWAP		Short		19,391		1.7163 GBP
5p ordinary		CFD		Short		20,508		1.7208 GBP
5p ordinary		SWAP		Short		20,508		1.7208 GBP
5p ordinary		SWAP		Short		22,260		1.7170 GBP
5p ordinary		SWAP		Short		31,171		1.7200 GBP
5p ordinary		CFD		Short		50,179		1.7106 GBP
5p ordinary		SWAP		Short		79,861		1.7113 GBP
5p ordinary		SWAP		Short		89,314		1.7119 GBP
5p ordinary		SWAP		Short		110,596		1.7114 GBP
5p ordinary		SWAP		Short		121,355		1.7142 GBP
5p ordinary		SWAP		Short		160,943		1.7139 GBP
5p ordinary		CFD		Short		227,203		1.7115 GBP
5p ordinary		SWAP		Short		227,203		1.7115 GBP
5p ordinary		SWAP		Short		348,310		1.7192 GBP
5p ordinary		SWAP Expires 15/01/2018		Short		9,417,160		1.7105 GBP
5p ordinary		SWAP		Short		9,417,160		1.7105 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 Jul 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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