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)   Name of exempt principal trader:   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:     5p ordinary      
Interests Short Positions
Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 29,505,875 0.36% 42,673,062 0.52%
 
(2) Cash-settled derivatives:
16,157,722 0.20% 8,631,024 0.11%
 
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
 
 
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   Purchase/sale   Total number of   Highest price per unit   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   Product   Nature of dealing   Number of   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   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   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?   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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Companies

Tesco (TSCO)
UK 100

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