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:		18 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	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		44,590,518		0.54%		47,006,818		0.57%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				36,283,566		0.44%		32,486,564		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
											Â
		TOTAL:		80,874,084		0.99%		79,493,382		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) 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		1,786,585		1.7485 GBP		1.737 GBP
5p ordinary		Sale		3,420,111		1.7485 GBP		1.737 GBP
ADR		Purchase		5,404		6.9140 USD		6.8766 USD
ADR		Sale		5,404		6.9140 USD		6.8766 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		590		1.7453 GBP
5p ordinary		SWAP		Long		9,856		1.7432 GBP
5p ordinary		CFD		Long		17,049		1.7392 GBP
5p ordinary		CFD		Long		24,502		1.7423 GBP
5p ordinary		CFD		Long		26,722		1.7457 GBP
5p ordinary		CFD		Long		28,661		1.7447 GBP
5p ordinary		SWAP		Long		45,254		1.7436 GBP
5p ordinary		SWAP		Long		127,758		1.7451 GBP
5p ordinary		SWAP		Long		141,380		1.7448 GBP
5p ordinary		CFD		Long		144,024		1.7446 GBP
5p ordinary		SWAP		Long		144,024		1.7446 GBP
5p ordinary		SWAP		Long		197,731		1.7425 GBP
5p ordinary		SWAP		Long		456,760		1.7440 GBP
5p ordinary		CFD		Long		560,303		1.7428 GBP
5p ordinary		SWAP		Long		560,303		1.7428 GBP
5p ordinary		SWAP Expires 20/08/2018		Long		645,750		1.7467 GBP
5p ordinary		CFD		Short		983		1.7466 GBP
5p ordinary		SWAP		Short		1,719		1.7463 GBP
5p ordinary		SWAP		Short		2,300		1.7420 GBP
5p ordinary		SWAP		Short		2,514		1.7381 GBP
5p ordinary		SWAP		Short		2,682		1.7396 GBP
5p ordinary		SWAP		Short		3,582		1.7429 GBP
5p ordinary		CFD		Short		4,187		1.7426 GBP
5p ordinary		SWAP		Short		4,285		1.7411 GBP
5p ordinary		SWAP		Short		4,908		1.7431 GBP
5p ordinary		SWAP		Short		8,949		1.7413 GBP
5p ordinary		SWAP		Short		10,383		1.7450 GBP
5p ordinary		SWAP		Short		10,906		1.7419 GBP
5p ordinary		SWAP		Short		15,875		1.7458 GBP
5p ordinary		SWAP		Short		18,020		1.7482 GBP
5p ordinary		CFD		Short		31,535		1.7464 GBP
5p ordinary		SWAP		Short		52,634		1.7421 GBP
5p ordinary		CFD		Short		58,210		1.7467 GBP
5p ordinary		SWAP		Short		117,585		1.7453 GBP
5p ordinary		SWAP		Short		161,002		1.7408 GBP
5p ordinary		CFD		Short		289,597		1.7454 GBP
5p ordinary		SWAP		Short		289,597		1.7454 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:		19 Jul 2017
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/20170719005567/en/