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 May 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	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		49,243,563		0.60%		48,273,310		0.59%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				35,474,950		0.43%		24,881,810		0.30%
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:		84,718,513		1.04%		73,155,120		0.89%

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 ORD		Purchase		6,817,692		1.8425 GBP		1.8091 GBP
5p ORD		Sale		6,328,714		1.8425 GBP		1.8095 GBP
ADR		Purchase		10,370		7.1526 USD		7.14 USD
ADR		Sale		10,370		7.1526 USD		7.14 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 ORD		CFD		Long		872		1.8283 GBP
5p ORD		SWAP		Long		1,060		1.8304 GBP
5p ORD		SWAP		Long		1,682		1.8342 GBP
5p ORD		SWAP		Long		1,900		1.8394 GBP
5p ORD		CFD		Long		3,940		1.8228 GBP
5p ORD		SWAP		Long		7,440		1.8320 GBP
5p ORD		CFD		Long		13,690		1.8330 GBP
5p ORD		CFD		Long		16,425		1.8398 GBP
5p ORD		SWAP		Long		21,523		1.8326 GBP
5p ORD		SWAP		Long		47,966		1.8344 GBP
5p ORD		CFD		Long		59,943		1.8307 GBP
5p ORD		SWAP		Long		118,054		1.8260 GBP
5p ORD		SWAP		Long		175,412		1.8337 GBP
5p ORD		SWAP		Long		687,889		1.8258 GBP
5p ORD		CFD		Long		1,183,941		1.8357 GBP
5p ORD		CFD		Short		500		1.8331 GBP
5p ORD		SWAP		Short		844		1.8186 GBP
5p ORD		SWAP		Short		844		1.8350 GBP
5p ORD		SWAP		Short		1,761		1.8233 GBP
5p ORD		SWAP		Short		2,035		1.8311 GBP
5p ORD		SWAP		Short		2,277		1.8268 GBP
5p ORD		CFD		Short		2,500		1.8351 GBP
5p ORD		SWAP		Short		3,011		1.8338 GBP
5p ORD		SWAP		Short		3,227		1.8258 GBP
5p ORD		SWAP		Short		3,425		1.8287 GBP
5p ORD		SWAP		Short		4,174		1.8327 GBP
5p ORD		SWAP		Short		4,410		1.8241 GBP
5p ORD		SWAP		Short		5,280		1.8251 GBP
5p ORD		SWAP		Short		6,363		1.8278 GBP
5p ORD		SWAP		Short		9,166		1.8271 GBP
5p ORD		SWAP		Short		10,065		1.8296 GBP
5p ORD		SWAP		Short		12,169		1.8292 GBP
5p ORD		SWAP		Short		14,002		1.8328 GBP
5p ORD		CFD		Short		16,348		1.8230 GBP
5p ORD		CFD		Short		25,000		1.8401 GBP
5p ORD		SWAP		Short		27,590		1.8317 GBP
5p ORD		SWAP		Short		33,953		1.8302 GBP
5p ORD		CFD		Short		36,498		1.8198 GBP
5p ORD		SWAP		Short		37,353		1.8281 GBP
5p ORD		SWAP		Short		92,182		1.8362 GBP
5p ORD		SWAP		Short		279,386		1.8367 GBP
5p ORD		SWAP		Short		375,843		1.8266 GBP
5p ORD		CFD		Short		652,109		1.8400 GBP
5p ORD		SWAP		Short		652,109		1.8400 GBP
5p ORD		SWAP		Short		879,214		1.8314 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 May 2017
Contact name:		Hemika Mistry
Telephone number:		020 7116 3891

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/20170519005203/en/