Holding(s) in Company

RNS Number : 7759P

Tesco PLC

22 February 2016

 

On 19 February 2016, Tesco PLC received the following notification from Deutsche Bank AG of its interests in the Company as of 17 February 2016:

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Tesco Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				x
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				x
An event changing the breakdown of voting rights
Other (please specify):	Change in denominator
3. Full name of person(s) subject to the notification obligation: iii		Deutsche Bank AG
4. Full name of shareholder(s)  (if different from 3.):iv		Deutsche Bank AG, London Branch
5. Date of the transaction and date on which the threshold is crossed or reached: v		17/02/2016
6. Date on which issuer notified:		19/02/2016
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0008847096

Below notifiable threshold

Below notifiable threshold

229,808,650

229,808,650

0

2.82%

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Right to Recall Call Options

17-Jun-16

1,224,808 4,000,000

0.02% 0.05%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Swaps Call Options Put Options

24-Jul-17 19-May-16 15-Jul-16

172,425,514 16,098,008 6,656,428

Nominal

Delta

2.12% 0.20% 0.08%

2.12% 0.20% 0.08%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

430,213,408

5.28%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Deutsche Bank AG, London Branch - 5.28%
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Stacy Otieno
15. Contact telephone number:	02075476268

 

END

 

 

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