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:		14 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:		37,191,042		0.45%		40,245,331		0.49%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				14,316,954		0.17%		15,384,582		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:		51,507,996		0.63%		55,629,913		0.68%

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		2,739,832		2.0380 GBP		2.0207 GBP
5p ordinary		Sale		1,627,394		2.0399 GBP		2.0215 GBP
ADR		Purchase		1,333		8.4971 GBP		8.4300 GBP
ADR		Sale		1,333		8.4971 GBP		8.4300 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		16		2.0287 GBP
5p ordinary		CFD		Long		1,899		2.0271 GBP
5p ordinary		SWAP		Long		3,388		2.0230 GBP
5p ordinary		CFD		Long		5,875		2.0316 GBP
5p ordinary		SWAP		Long		7,399		2.0250 GBP
5p ordinary		SWAP		Long		12,016		2.0260 GBP
5p ordinary		SWAP		Long		15,128		2.0307 GBP
5p ordinary		SWAP		Long		15,347		2.0291 GBP
5p ordinary		CFD		Long		31,931		2.0221 GBP
5p ordinary		CFD		Long		38,172		2.0350 GBP
5p ordinary		SWAP		Long		38,664		2.0342 GBP
5p ordinary		SWAP		Long		53,933		2.0261 GBP
5p ordinary		CFD		Long		54,060		2.0289 GBP
5p ordinary		SWAP Expires 16/02/2019		Long		157,189		2.0259 GBP
5p ordinary		SWAP		Long		359,966		2.0300 GBP
5p ordinary		SWAP		Short		2,300		2.0260 GBP
5p ordinary		SWAP		Short		2,383		2.0399 GBP
5p ordinary		SWAP		Short		2,700		2.0222 GBP
5p ordinary		SWAP		Short		3,773		2.0307 GBP
5p ordinary		SWAP		Short		4,236		2.0291 GBP
5p ordinary		SWAP		Short		4,552		2.0257 GBP
5p ordinary		SWAP		Short		6,300		2.0282 GBP
5p ordinary		CFD		Short		7,106		2.0359 GBP
5p ordinary		SWAP		Short		7,320		2.0313 GBP
5p ordinary		SWAP		Short		9,122		2.0299 GBP
5p ordinary		SWAP		Short		13,712		2.0349 GBP
5p ordinary		SWAP		Short		15,030		2.0116 GBP
5p ordinary		SWAP		Short		16,608		2.0207 GBP
5p ordinary		SWAP		Short		23,689		2.0292 GBP
5p ordinary		SWAP		Short		29,243		2.0290 GBP
5p ordinary		CFD		Short		35,674		2.0298 GBP
5p ordinary		SWAP Expires 15/01/2019		Short		38,871		2.0319 GBP
5p ordinary		CFD		Short		47,812		2.0280 GBP
5p ordinary		SWAP		Short		47,812		2.0280 GBP
5p ordinary		CFD		Short		57,632		2.0251 GBP
5p ordinary		CFD		Short		60,900		2.0261 GBP
5p ordinary		CFD		Short		72,368		2.0351 GBP
5p ordinary		SWAP		Short		106,874		2.0266 GBP
5p ordinary		SWAP		Short		159,685		2.0223 GBP
5p ordinary		SWAP		Short		189,556		2.0220 GBP
5p ordinary		SWAP		Short		205,902		2.0300 GBP
5p ordinary		CFD		Short		207,237		2.0221 GBP
5p ordinary		CFD		Short		223,546		2.0244 GBP
5p ordinary		CFD		Short		313,173		2.0331 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:		15 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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