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	16 May 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	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		47,940,540		0.59%		46,334,560		0.57%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				35,240,386		0.43%		25,273,486		0.31%
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:		83,180,926		1.02%		71,608,046		0.88%

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		9,347,064		1.7851 GBP		1.7756 GBP
5p ORD		Sale		4,960,074		1.7850 GBP		1.7718 GBP
ADR		Purchase		7,256		6.9300 USD		6.9000 USD
ADR		Sale		7,256		6.9300 USD		6.9000 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		3,838		1.7783 GBP
5p ORD		SWAP		Long		4,263		1.7718 GBP
5p ORD		SWAP		Long		4,361		1.7812 GBP
5p ORD		SWAP		Long		4,365		1.7835 GBP
5p ORD		CFD		Long		10,000		1.7843 GBP
5p ORD		SWAP		Long		10,221		1.7742 GBP
5p ORD		SWAP		Long		13,099		1.7809 GBP
5p ORD		SWAP		Long		14,861		1.7824 GBP
5p ORD		SWAP		Long		19,336		1.7801 GBP
5p ORD		SWAP		Long		21,513		1.7790 GBP
5p ORD		CFD		Long		23,072		1.7805 GBP
5p ORD		SWAP		Long		23,072		1.7805 GBP
5p ORD		SWAP		Long		33,124		1.7845 GBP
5p ORD		SWAP		Long		69,627		1.7797 GBP
5p ORD		SWAP		Long		75,677		1.7804 GBP
5p ORD		SWAP		Long		90,315		1.7785 GBP
5p ORD		SWAP		Long		134,766		1.7798 GBP
5p ORD		SWAP		Long		563,763		1.7780 GBP
5p ORD		SWAP		Short		804		1.7826 GBP
5p ORD		CFD		Short		1,044		1.7756 GBP
5p ORD		SWAP		Short		3,407		1.7841 GBP
5p ORD		SWAP		Short		3,686		1.7851 GBP
5p ORD		SWAP		Short		11,122		1.7842 GBP
5p ORD		CFD		Short		12,191		1.7846 GBP
5p ORD		SWAP		Short		12,191		1.7846 GBP
5p ORD		SWAP		Short		15,412		1.7838 GBP
5p ORD		SWAP		Short		34,911		1.7823 GBP
5p ORD		CFD		Short		116,271		1.7836 GBP
5p ORD		SWAP		Short		116,271		1.7836 GBP
5p ORD		SWAP		Short		127,573		1.7834 GBP
5p ORD		SWAP		Short		207,573		1.7849 GBP
5p ORD		CFD		Short		214,046		1.7816 GBP
5p ORD		SWAP		Short		214,046		1.7816 GBP
5p ORD		CFD		Short		324,728		1.7847 GBP
5p ORD		SWAP		Short		324,728		1.7847 GBP
5p ORD		SWAP		Short		397,518		1.7828 GBP
5p ORD		CFD		Short		634,932		1.7845 GBP
5p ORD		SWAP		Short		634,932		1.7845 GBP
5p ORD		SWAP		Short		687,148		1.7832 GBP
5p ORD		SWAP Expires 14/01/2018		Short		1,474,218		1.7815 GBP
5p ORD		SWAP		Short		1,474,218		1.7815 GBP
5p ORD		SWAP Expires 14/01/2018		Short		2,199,000		1.7862 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:	17 May 2017
Contact name:	Jay Supaya
Telephone number:	0207 773 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170517005552/en/