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:		09 February 2018
(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:		33,931,959		0.41%		42,680,036		0.52%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				16,072,906		0.20%		12,415,501		0.15%
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:		50,004,865		0.61%		55,095,537		0.67%

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		4,116,608		2.0429 GBP		1.988 GBP
5p ordinary		Sale		3,816,044		2.0430 GBP		1.9869 GBP
ADR		Purchase		9,830		8.2611 GBP		8.2611 GBP
ADR		Sale		9,830		8.2611 GBP		8.2611 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		CFD		Long		753		2.0142 GBP
5p ordinary		CFD		Long		7,974		1.9924 GBP
5p ordinary		CFD		Long		12,976		2.0394 GBP
5p ordinary		CFD		Long		16,249		2.0196 GBP
5p ordinary		SWAP		Long		18,001		1.9934 GBP
5p ordinary		CFD		Long		21,792		2.0243 GBP
5p ordinary		CFD		Long		22,607		2.0192 GBP
5p ordinary		SWAP		Long		24,342		1.9930 GBP
5p ordinary		CFD		Long		26,381		2.0318 GBP
5p ordinary		CFD		Long		27,112		2.0256 GBP
5p ordinary		CFD		Long		38,250		2.0398 GBP
5p ordinary		CFD		Long		72,967		1.9928 GBP
5p ordinary		CFD		Long		78,255		2.0265 GBP
5p ordinary		CFD		Long		86,939		1.9976 GBP
5p ordinary		SWAP		Long		387,185		2.0001 GBP
5p ordinary		SWAP		Long		462,600		1.9969 GBP
5p ordinary		SWAP		Long		601,556		1.9966 GBP
5p ordinary		SWAP		Short		1,727		2.0095 GBP
5p ordinary		CFD		Short		2,430		2.0240 GBP
5p ordinary		SWAP		Short		2,498		2.0234 GBP
5p ordinary		SWAP		Short		2,940		2.0289 GBP
5p ordinary		SWAP		Short		3,708		2.0067 GBP
5p ordinary		CFD		Short		5,362		2.0076 GBP
5p ordinary		SWAP		Short		6,345		2.0180 GBP
5p ordinary		SWAP		Short		6,594		2.0172 GBP
5p ordinary		SWAP		Short		7,931		2.0311 GBP
5p ordinary		CFD		Short		9,642		2.0014 GBP
5p ordinary		CFD		Short		14,368		1.9917 GBP
5p ordinary		SWAP		Short		14,533		2.0326 GBP
5p ordinary		CFD		Short		24,366		1.9987 GBP
5p ordinary		SWAP		Short		26,212		2.0083 GBP
5p ordinary		SWAP		Short		26,562		2.0181 GBP
5p ordinary		CFD		Short		28,271		2.0183 GBP
5p ordinary		SWAP		Short		34,370		2.0184 GBP
5p ordinary		CFD		Short		41,295		2.0032 GBP
5p ordinary		CFD		Short		42,265		2.0153 GBP
5p ordinary		SWAP		Short		44,842		1.9901 GBP
5p ordinary		CFD		Short		65,571		2.0069 GBP
5p ordinary		CFD		Short		73,506		1.9915 GBP
5p ordinary		SWAP		Short		76,977		1.9899 GBP
5p ordinary		CFD		Short		93,872		2.0179 GBP
5p ordinary		CFD		Short		100,000		2.0081 GBP
5p ordinary		SWAP		Short		107,795		1.9923 GBP
5p ordinary		CFD		Short		156,965		2.0020 GBP
5p ordinary		CFD		Short		166,983		1.9908 GBP
5p ordinary		SWAP		Short		235,771		2.0203 GBP
5p ordinary		SWAP		Short		498,596		2.0348 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:		12 Feb 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/20180212005615/en/