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
		relevant securities this form relates:
(c)		Name of the party to the offer with which exempt		TESCO PLC
		principal trader is connected
(d)		Date position held/dealing undertaken:		30 January 2018
(e)		In addition to the company in 1(b) above, is the exempt principal		YES:
		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	5p ordinary	Â		Â		Â
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		29,505,875		0.36%		42,673,062		0.52%
										Â
(2)		Cash-settled derivatives:
				16,157,722		0.20%		8,631,024		0.11%
										Â
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
										Â
										Â
		TOTAL:		45,663,597		0.56%		51,304,086		0.63%

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:
Details, including nature of the rights concerned and relevant percentages:

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				securities		paid/received		paid/received
5p ordinary		Purchase		1,537,311		2.1102 GBP		2.0868 GBP
5p ordinary		Sale		2,038,272		2.1140 GBP		2.086 GBP
ADR		Purchase		8,060		8.8502 GBP		8.8487 GBP
ADR		Sale		8,060		8.8502 GBP		8.8487 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						securities
5p ordinary		CFD		Long		628		2.0999 GBP
5p ordinary		SWAP		Long		3,078		2.0975 GBP
5p ordinary		SWAP		Long		3,814		2.0868 GBP
5p ordinary		CFD		Long		4,561		2.0985 GBP
5p ordinary		SWAP		Long		4,713		2.0990 GBP
5p ordinary		CFD		Long		4,907		2.0983 GBP
5p ordinary		CFD		Long		7,956		2.0936 GBP
5p ordinary		CFD		Long		10,463		2.1080 GBP
5p ordinary		SWAP		Long		10,463		2.1080 GBP
5p ordinary		SWAP		Long		10,852		2.0951 GBP
5p ordinary		CFD		Long		13,571		2.0901 GBP
5p ordinary		CFD		Long		32,700		2.0959 GBP
5p ordinary		CFD		Long		34,197		2.0933 GBP
5p ordinary		CFD		Long		70,948		2.1045 GBP
5p ordinary		CFD		Long		251,206		2.0938 GBP
5p ordinary		CFD		Long		312,326		2.0946 GBP
5p ordinary		SWAP		Long		312,326		2.0946 GBP
5p ordinary		SWAP		Long		1,075,024		2.0939 GBP
5p ordinary		SWAP		Short		31		2.1005 GBP
5p ordinary		SWAP		Short		100		2.0914 GBP
5p ordinary		CFD		Short		222		2.1090 GBP
5p ordinary		SWAP		Short		237		2.1093 GBP
5p ordinary		SWAP		Short		362		2.0925 GBP
5p ordinary		SWAP		Short		394		2.1052 GBP
5p ordinary		SWAP		Short		797		2.1102 GBP
5p ordinary		CFD		Short		861		2.0868 GBP
5p ordinary		SWAP		Short		950		2.0985 GBP
5p ordinary		SWAP		Short		1,615		2.1060 GBP
5p ordinary		SWAP		Short		1,655		2.1047 GBP
5p ordinary		SWAP		Short		2,893		2.1004 GBP
5p ordinary		SWAP		Short		3,874		2.1043 GBP
5p ordinary		CFD		Short		6,557		2.1002 GBP
5p ordinary		SWAP		Short		6,557		2.1002 GBP
5p ordinary		CFD		Short		10,724		2.0996 GBP
5p ordinary		CFD		Short		11,424		2.0882 GBP
5p ordinary		SWAP		Short		11,590		2.0932 GBP
5p ordinary		CFD		Short		13,175		2.0879 GBP
5p ordinary		SWAP		Short		24,947		2.0910 GBP
5p ordinary		CFD		Short		35,467		2.0980 GBP
5p ordinary		SWAP		Short		35,882		2.0878 GBP
5p ordinary		SWAP		Short		50,972		2.0874 GBP
5p ordinary		CFD		Short		70,356		2.0956 GBP
5p ordinary		CFD		Short		94,979		2.0919 GBP
5p ordinary		SWAP		Short		144,917		2.0935 GBP
5p ordinary		CFD		Short		225,736		2.0909 GBP
5p ordinary		SWAP		Short		230,021		2.0940 GBP
5p ordinary		SWAP		Short		377,616		2.0928 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:		31 Jan 2018
Contact name:		Elise Tang
Telephone number:		0207 1163 001

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/20180131005647/en/