On 13 December 2013, Tesco PLC received the following notification from BlackRock Inc. of its interests in the Company as of 10 December following an adjustment by BlackRock to the calculation of its notifiable interests in voting rights:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
Tesco PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
an adjustment by BlackRock to the calculation of notifiable interest in voting rights |
X |
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3. Full name of person(s) subject to the |
BlackRock, Inc. |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
10th December 2013 |
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6. Date on which issuer notified: |
13th December 2013 |
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7. Threshold(s) that is/are crossed or |
Holding has gone below 5% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB0008847096 |
406,665,281 |
406,665,281 |
N/A |
N/A |
N/A |
N/A |
Below 5% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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N/A |
Below 5% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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BlackRock Investment Management (UK) Limited - N/A (Below 5%) |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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BlackRock Regulatory Threshold Reporting Team |
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14. Contact name: |
Duncan Murray |
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15. Contact telephone number: |
020 7743 3334 |
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