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:		12 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
				Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		37,514,004		0.46%		41,873,606		0.51%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				15,497,545		0.19%		15,832,271		0.19%
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
(4)
		TOTAL:		53,011,549		0.65%		57,705,877		0.70%

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		7,384,588		2.0230 GBP		2 GBP
5p ordinary		Sale		2,996,113		2.0226 GBP		2.0001 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		256		2.0224 GBP
5p ordinary		CFD		Long		854		2.0226 GBP
5p ordinary		CFD		Long		1,738		2.0104 GBP
5p ordinary		CFD		Long		2,002		2.0134 GBP
5p ordinary		SWAP		Long		2,586		2.0124 GBP
5p ordinary		SWAP		Long		2,700		2.0239 GBP
5p ordinary		SWAP		Long		2,831		1.9964 GBP
5p ordinary		SWAP		Long		3,007		2.0019 GBP
5p ordinary		CFD		Long		3,893		2.0123 GBP
5p ordinary		SWAP		Long		4,712		2.0084 GBP
5p ordinary		CFD		Long		7,599		1.9977 GBP
5p ordinary		SWAP		Long		8,069		2.0143 GBP
5p ordinary		CFD		Long		9,089		2.0112 GBP
5p ordinary		SWAP		Long		17,696		2.0129 GBP
5p ordinary		CFD		Long		53,630		2.0127 GBP
5p ordinary		SWAP		Long		58,206		2.0119 GBP
5p ordinary		SWAP		Long		60,468		2.0157 GBP
5p ordinary		CFD		Long		90,112		2.0183 GBP
5p ordinary		SWAP Expires 14/02/2019		Long		102,858		2.0133 GBP
5p ordinary		SWAP		Long		180,132		2.0151 GBP
5p ordinary		CFD		Long		195,425		2.0167 GBP
5p ordinary		SWAP		Long		200,881		2.0158 GBP
5p ordinary		SWAP		Long		434,732		2.0122 GBP
5p ordinary		CFD		Short		56		2.0230 GBP
5p ordinary		CFD		Short		583		2.0015 GBP
5p ordinary		SWAP		Short		893		2.0221 GBP
5p ordinary		SWAP		Short		1,375		2.0054 GBP
5p ordinary		SWAP		Short		1,565		2.0058 GBP
5p ordinary		SWAP		Short		1,696		2.0100 GBP
5p ordinary		SWAP		Short		1,926		2.0002 GBP
5p ordinary		SWAP		Short		5,584		2.0063 GBP
5p ordinary		CFD		Short		8,165		2.0020 GBP
5p ordinary		SWAP		Short		8,165		2.0020 GBP
5p ordinary		SWAP		Short		21,978		2.0112 GBP
5p ordinary		SWAP		Short		24,659		2.0116 GBP
5p ordinary		CFD		Short		25,679		2.0167 GBP
5p ordinary		CFD		Short		27,120		2.0093 GBP
5p ordinary		SWAP		Short		33,424		2.0025 GBP
5p ordinary		SWAP		Short		42,357		2.0022 GBP
5p ordinary		CFD		Short		53,482		2.0070 GBP
5p ordinary		SWAP		Short		82,776		2.0128 GBP
5p ordinary		CFD		Short		83,225		2.0001 GBP
5p ordinary		SWAP		Short		84,566		2.0178 GBP
5p ordinary		CFD		Short		88,026		2.0074 GBP
5p ordinary		SWAP		Short		88,026		2.0074 GBP
5p ordinary		SWAP		Short		101,322		2.0174 GBP
5p ordinary		CFD		Short		111,754		2.0161 GBP
5p ordinary		CFD		Short		148,095		2.0088 GBP
5p ordinary		SWAP		Short		159,315		2.0190 GBP
5p ordinary		CFD		Short		179,138		2.0102 GBP
5p ordinary		CFD		Short		200,310		2.0037 GBP
5p ordinary		SWAP		Short		200,310		2.0037 GBP
5p ordinary		CFD		Short		220,945		2.0136 GBP
5p ordinary		SWAP		Short		536,605		2.0160 GBP
5p ordinary		SWAP		Short		1,454,608		2.0158 GBP
5p ordinary		SWAP		Short		1,734,380		2.0105 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:		13 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.

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