REG - Bank of Nova Scotia Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">BNS.TO</Origin> <Origin Href="QuoteRef">TSCO.L</Origin>

TescoAnnouncement

28/04/2017 15:35

RNS Number : 7467D
Bank of Nova Scotia
28 April 2017
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY 
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code") 
1. KEY INFORMATION
(a) Full name of discloser:
The Bank of Nova Scotia
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
 The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
n/a
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
 Use a separate form for each offeror/offeree
Tesco Plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A
(e) Date position held/dealing undertaken:
 For an opening position disclosure, state the latest practicable date prior to the disclosure
27/04/2017
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
 If it is a cash offer or possible cash offer, state "N/A"
NO
If YES, specify which:
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(c), 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:
5p ordinary
Interests
Short positions

Number
%
Number
%
(1) Relevant securities owned and/or controlled:
24,577,604
0.30
97,107,271
1.19
(2) Cash-settled derivatives:
100,495,230
1.23
20,514,624
0.25
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:




 TOTAL:
125,072,834
1.53
117,621,895
1.44
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 Form8 (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:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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 security
Purchase/sale
Number of securities
Price per unit
5p ordinary
Purchase
11,659
1.80 GBP
5p ordinary
Purchase
176
1.80 GBP
5p ordinary
Purchase
167
1.80 GBP
5p ordinary
Purchase
528
1.80 GBP
5p ordinary
Purchase
42
1.80 GBP
5p ordinary
Purchase
1,318
1.80 GBP
5p ordinary
Purchase
657
1.80 GBP
5p ordinary
Purchase
560
1.81 GBP
5p ordinary
Purchase
4,356
1.81 GBP
5p ordinary
Purchase
4,635
1.81 GBP
5p ordinary
Purchase
4,307
1.81 GBP
5p ordinary
Purchase
4,050
1.81 GBP
5p ordinary
Purchase
1,372
1.81 GBP
5p ordinary
Purchase
8,913
1.81 GBP
5p ordinary
Purchase
662
1.81 GBP
5p ordinary
Purchase
619
1.81 GBP
5p ordinary
Purchase
9,726
1.81 GBP
5p ordinary
Purchase
52,891
1.81 GBP
5p ordinary
Purchase
49,717
1.81 GBP
5p ordinary
Purchase
122,415
1.81 GBP
5p ordinary
Purchase
885
1.81 GBP
5p ordinary
Purchase
3,032
1.81 GBP
5p ordinary
Purchase
3,224
1.81 GBP
5p ordinary
Purchase
10,698
1.81 GBP
5p ordinary
Purchase
19,733,527
1.81 GBP
5p ordinary
Purchase
35,572
1.82 GBP
5p ordinary
Purchase
10,731
1.82 GBP
5p ordinary
Purchase
33,438
1.82 GBP
5p ordinary
Purchase
79,741
1.82 GBP
5p ordinary
Purchase
325,006
1.82 GBP
(b) Cash-settled derivative transactions
Class of relevant security
Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities
Price per unit
5p ordinary
Total Return Swap
Increasing a short position
11,659
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
176
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
167
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
528
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
42
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
1,318
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
657
1.80 GBP
5p ordinary
Total Return Swap
Increasing a short position
560
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
4,356
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
4,635
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
4,307
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
4,050
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
1,372
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
8,913
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
662
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
619
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
9,726
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
52,891
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
49,717
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
122,415
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
885
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
3,032
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
3,224
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
10,698
1.81 GBP
5p ordinary
Total Return Swap
Opening a short positon
19,733,527
1.81 GBP
5p ordinary
Total Return Swap
Increasing a short position
35,572
1.82 GBP
5p ordinary
Total Return Swap
Increasing a short position
10,731
1.82 GBP
5p ordinary
Total Return Swap
Increasing a short position
33,438
1.82 GBP
5p ordinary
Total Return Swap
Increasing a short position
79,741
1.82 GBP
5p ordinary
Total Return Swap
Increasing a short position
325,006
1.82 GBP
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security
Product description e.g. call option
Writing, purchasing, selling, varying etc.
Number of securities to which option relates
Exercise price per unit
Type
e.g. American, European etc.
Expiry date
Option money paid/ received per unit








(ii) Exercise
Class of relevant security
Product description
e.g. call option
Exercising/ exercised against
Number of securities
Exercise price per unit




(d) Other dealings (including subscribing for new securities)
Class of relevant security
Nature of dealing
e.g. subscription, conversion
Details
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 person 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 person 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?
NO
Date of disclosure:
28/04/2017
Contact name:
Charlie Jones
Telephone number:
020 7392 1255
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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS
The company news service from the London Stock Exchange
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