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	14 August 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)

Class of relevant security:	Â	Â	Â	5p ordinary	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		52,409,705		0.64%		46,321,564		0.57%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				35,649,071		0.44%		39,618,883		0.48%
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:		88,058,776		1.08%		85,940,447		1.05%

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		652,877		1.7721 GBP		1.7622 GBP
5p ordinary		Sale		1,494,452		1.7716 GBP		1.7617 GBP
ADR		Purchase		3,084		6.9700 USD		6.9600 USD
ADR		Sale		3,084		6.9700 USD		6.9600 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 ordinary		SWAP		Long		3		1.7637 GBP
5p ordinary		SWAP		Long		24		1.7653 GBP
5p ordinary		SWAP		Long		123		1.7668 GBP
5p ordinary		SWAP		Long		917		1.7737 GBP
5p ordinary		CFD		Long		1,198		1.7633 GBP
5p ordinary		SWAP		Long		1,198		1.7633 GBP
5p ordinary		CFD		Long		1,480		1.7617 GBP
5p ordinary		SWAP		Long		2,181		1.7709 GBP
5p ordinary		SWAP		Long		2,422		1.7676 GBP
5p ordinary		SWAP		Long		2,587		1.7647 GBP
5p ordinary		SWAP		Long		2,633		1.7645 GBP
5p ordinary		CFD		Long		2,806		1.7623 GBP
5p ordinary		SWAP		Long		2,883		1.7716 GBP
5p ordinary		SWAP		Long		3,625		1.7687 GBP
5p ordinary		SWAP		Long		4,122		1.7682 GBP
5p ordinary		SWAP		Long		4,718		1.7670 GBP
5p ordinary		CFD		Long		8,349		1.7664 GBP
5p ordinary		SWAP		Long		8,499		1.7739 GBP
5p ordinary		SWAP		Long		8,856		1.7702 GBP
5p ordinary		SWAP		Long		9,620		1.7661 GBP
5p ordinary		SWAP		Long		10,186		1.7660 GBP
5p ordinary		SWAP		Long		13,501		1.7742 GBP
5p ordinary		CFD		Long		16,588		1.7662 GBP
5p ordinary		SWAP		Long		21,916		1.7649 GBP
5p ordinary		CFD		Long		33,372		1.7642 GBP
5p ordinary		CFD		Long		53,260		1.7644 GBP
5p ordinary		SWAP		Long		59,501		1.7634 GBP
5p ordinary		CFD		Long		166,753		1.7639 GBP
5p ordinary		CFD		Long		192,202		1.7625 GBP
5p ordinary		SWAP		Long		244,733		1.7677 GBP
5p ordinary		CFD		Long		488,029		1.7650 GBP
5p ordinary		SWAP		Long		488,029		1.7650 GBP
5p ordinary		CFD		Short		1,049		1.7641 GBP
5p ordinary		CFD		Short		10,219		1.7721 GBP
5p ordinary		SWAP		Short		12,111		1.7657 GBP
5p ordinary		CFD		Short		17,655		1.7644 GBP
5p ordinary		CFD		Short		20,748		1.7680 GBP
5p ordinary		SWAP		Short		22,086		1.7690 GBP
5p ordinary		CFD		Short		31,055		1.7664 GBP
5p ordinary		SWAP		Short		59,434		1.7646 GBP
5p ordinary		CFD		Short		318,674		1.7670 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	15 August 2017
Contact name:		Jay Supaya
Telephone number:		020 7773 0635

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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