Form 8.5 - TESCO PLC

Form 8.5 - 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:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	TESCO PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	TESCO PLC
(d) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	Â	20 April 2017
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Â	YES 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)

	Â		Â	Interests	Â	Â	Â	Short Positions	Â	Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		48,771,013		0.60%		53,467,302		0.65%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				31,484,777		0.39%		26,982,743		0.33%
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:		80,255,790		0.98%		80,450,045		0.98%

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 ORD		Purchase		9,368,010		1.7620 GBP		1.7307 GBP
5p ORD		Sale		9,584,894		1.7620 GBP		1.7307 GBP
ADR		Purchase		34,272		6.7903 USD		6.7903 USD
ADR		Sale		34,272		6.7903 USD		6.7903 USD
									Â
(b)		Cash-settled derivative transactions		Â		Â		Â
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
5p ORD		CFD		Long		6,223		1.7596 GBP
5p ORD		SWAP		Long		10,924		1.7430 GBP
5p ORD		SWAP		Long		33,224		1.7431 GBP
5p ORD		SWAP		Long		36,448		1.7417 GBP
5p ORD		CFD		Long		49,442		1.7424 GBP
5p ORD		CFD		Long		52,987		1.7418 GBP
5p ORD		CFD		Long		57,878		1.7495 GBP
5p ORD		SWAP		Long		63,958		1.7420 GBP
5p ORD		SWAP		Long		153,191		1.7494 GBP
5p ORD		SWAP		Long		319,788		1.7350 GBP
5p ORD		SWAP		Long		768,997		1.7412 GBP
5p ORD		CFD		Long		4,296,765		1.7600 GBP
5p ORD		SWAP		Short		20		1.7337 GBP
5p ORD		SWAP		Short		195		1.7378 GBP
5p ORD		SWAP		Short		320		1.7360 GBP
5p ORD		SWAP		Short		360		1.7320 GBP
5p ORD		CFD		Short		1,095		1.7404 GBP
5p ORD		CFD		Short		1,186		1.7324 GBP
5p ORD		SWAP		Short		1,245		1.7401 GBP
5p ORD		CFD		Short		1,325		1.7457 GBP
5p ORD		SWAP		Short		1,410		1.7345 GBP
5p ORD		SWAP		Short		1,466		1.7373 GBP
5p ORD		SWAP		Short		1,603		1.7392 GBP
5p ORD		SWAP		Short		1,639		1.7413 GBP
5p ORD		CFD		Short		1,783		1.7596 GBP
5p ORD		SWAP		Short		1,978		1.7422 GBP
5p ORD		SWAP		Short		2,044		1.7382 GBP
5p ORD		SWAP		Short		2,311		1.7498 GBP
5p ORD		SWAP		Short		4,031		1.7439 GBP
5p ORD		SWAP		Short		5,702		1.7350 GBP
5p ORD		SWAP		Short		7,728		1.7435 GBP
5p ORD		CFD		Short		10,725		1.7398 GBP
5p ORD		SWAP		Short		16,205		1.7353 GBP
5p ORD		SWAP		Short		27,940		1.7377 GBP
5p ORD		SWAP		Short		33,495		1.7395 GBP
5p ORD		CFD		Short		35,433		1.7371 GBP
5p ORD		SWAP		Short		57,589		1.7363 GBP
5p ORD		SWAP		Short		68,806		1.7381 GBP
5p ORD		CFD		Short		77,250		1.7421 GBP
5p ORD		CFD		Short		100,000		1.7411 GBP
5p ORD		CFD		Short		100,000		1.7450 GBP
5p ORD		CFD		Short		107,542		1.7577 GBP
5p ORD		SWAP		Short		157,521		1.7427 GBP
5p ORD		CFD		Short		165,811		1.7420 GBP
5p ORD		SWAP		Short		165,811		1.7420 GBP
5p ORD		CFD		Short		442,226		1.7416 GBP
5p ORD		SWAP		Short		442,226		1.7416 GBP
5p ORD		CFD		Short		551,654		1.7396 GBP
5p ORD		SWAP		Short		551,654		1.7396 GBP
5p ORD		CFD		Short		1,002,090		1.7419 GBP
5p ORD		SWAP		Short		1,002,090		1.7419 GBP
5p ORD		CFD		Short		2,566,238		1.7600 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:	Â	21 April 2017
Contact name:		Hemika Mistry
Telephone number:		020 7116 3891

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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