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:		20 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:		41,622,151		0.51%		47,773,161		0.58%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				36,881,780		0.45%		29,943,098		0.37%
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:		78,503,931		0.96%		77,716,259		0.95%

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		2,269,353		1.7905 GBP		1.754 GBP
5p ordinary		Sale		5,184,275		1.7907 GBP		1.7503 GBP

(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		101		1.7908 GBP
5p ordinary		SWAP		Long		396		1.7614 GBP
5p ordinary		SWAP		Long		972		1.7613 GBP
5p ordinary		SWAP		Long		1,197		1.7659 GBP
5p ordinary		SWAP		Long		1,207		1.7568 GBP
5p ordinary		SWAP		Long		2,398		1.7667 GBP
5p ordinary		SWAP		Long		2,972		1.7722 GBP
5p ordinary		SWAP		Long		3,319		1.7598 GBP
5p ordinary		SWAP		Long		3,659		1.7602 GBP
5p ordinary		CFD		Long		4,005		1.7503 GBP
5p ordinary		SWAP		Long		4,080		1.7652 GBP
5p ordinary		SWAP		Long		5,179		1.7782 GBP
5p ordinary		SWAP		Long		5,423		1.7676 GBP
5p ordinary		SWAP		Long		5,731		1.7694 GBP
5p ordinary		SWAP		Long		8,096		1.7683 GBP
5p ordinary		CFD		Long		11,020		1.7505 GBP
5p ordinary		SWAP		Long		11,020		1.7505 GBP
5p ordinary		CFD		Long		13,045		1.7739 GBP
5p ordinary		SWAP		Long		16,092		1.7575 GBP
5p ordinary		SWAP		Long		17,103		1.7624 GBP
5p ordinary		SWAP		Long		17,773		1.7670 GBP
5p ordinary		CFD		Long		18,937		1.7761 GBP
5p ordinary		CFD		Long		21,130		1.7817 GBP
5p ordinary		CFD		Long		23,384		1.7615 GBP
5p ordinary		SWAP		Long		29,817		1.7705 GBP
5p ordinary		CFD		Long		30,118		1.7808 GBP
5p ordinary		SWAP		Long		72,532		1.7745 GBP
5p ordinary		CFD		Long		80,314		1.7704 GBP
5p ordinary		SWAP		Long		83,434		1.7766 GBP
5p ordinary		CFD		Long		100,000		1.7548 GBP
5p ordinary		SWAP		Long		106,850		1.7545 GBP
5p ordinary		SWAP		Long		227,069		1.7686 GBP
5p ordinary		SWAP		Long		290,883		1.7636 GBP
5p ordinary		CFD		Long		543,426		1.7641 GBP
5p ordinary		CFD		Long		2,439,698		1.7540 GBP
5p ordinary		SWAP		Short		610		1.7582 GBP
5p ordinary		CFD		Short		2,311		1.7541 GBP
5p ordinary		CFD		Short		2,608		1.7650 GBP
5p ordinary		SWAP		Short		4,930		1.7606 GBP
5p ordinary		SWAP		Short		5,700		1.7604 GBP
5p ordinary		SWAP		Short		8,700		1.7563 GBP
5p ordinary		SWAP		Short		11,168		1.7667 GBP
5p ordinary		SWAP		Short		26,951		1.7548 GBP
5p ordinary		SWAP		Short		43,428		1.7556 GBP
5p ordinary		CFD		Short		50,948		1.7624 GBP
5p ordinary		SWAP		Short		454,601		1.7632 GBP
5p ordinary		SWAP		Short		752,398		1.7540 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:		21 Jul 2017
Contact name:		Femi Badmos
Telephone number:		020 3555 1125

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/20170721005252/en/