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REG-BARCLAYS PLC Form 8.5 (EPT/NON-RI) - TESCO PLC <Origin Href="QuoteRef">BARC.L</Origin> <Origin Href="QuoteRef">TSCO.L</Origin>

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05/06/2017 10:20
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      Form 8.5 (EPT/NON-RI) - TESCO 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:                                                    BARCLAYS CAPITAL SECURITIES LTD                              
      
                  (b)                                          Name of offeror/offeree in relation to whose                                          TESCO PLC                              
      
                                                            relevant securities this form relates:                                                                        
      
                  (c)                                          Name of the party to the offer with which exempt                                          TESCO PLC                              
      
                                                            principal trader is connected                                                                        
      
                  (d)                                          Date position held/dealing undertaken:                                          02 June 2017                              
      
                  (e)                                          In addition to the company in 1(b) above, is the exempt principal                                          YES:                              
      
                                                            trader making disclosures in respect of any other party to the offer?                                          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:                                                                                                        5p ordinary                                                                                                                                                                                          
      
                                                                                  Interests                                          Short Positions                              
      
                                                                                                      Number                                          (%)                                          Number                                          (%)                              
      
                  (1)                                          Relevant securities owned                                                                                                                                                              
      
                                                  and/or controlled:                                          47,548,604                                          0.58%                                          45,751,517                                          0.56%                              
      
                                                                                                                                                                                                                                                                  
      
                  (2)                                          Cash-settled derivatives:                                                                                                                                                              
      
                                                                                  31,685,248                                          0.39%                                          23,158,501                                          0.28%                              
      
                                                                                                                                                                                                                                                                  
      
                  (3)                                          Stock-settled derivatives (including options)                                                                                                                                                              
      
                                                  and agreements to purchase/sell:                                          0                                          0.00%                                          0                                          0.00%                              
      
                                                                                                                                                                                                                                                                  
      
                                                                                                                                                                                                                
      
                                                  TOTAL:                                          79,233,852                                          0.97%                                          68,910,018                                          0.84%                              
    
      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 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                                                    Purchase/sale                                                    Total number of                                                    Highest price per unit                                                    Lowest price per unit                              
      
                  security                                                                                    securities                                          paid/received                                          paid/received                              
      
                  5p ordinary                                          Purchase                                          2,131,439                                          1.8457 GBP                                          1.823 GBP                              
      
                  5p ordinary                                          Sale                                          1,467,405                                          1.8499 GBP                                          1.8232 GBP                              
      
                  ADR                                          Purchase                                          5,854                                          7.0626 USD                                          7.0626 USD                              
      
                  ADR                                          Sale                                          5,854                                          7.0626 USD                                          7.0626 USD                              
    
      (b) Cash-settled derivative transactions    
      
                  Class of                                                    Product                                                    Nature of dealing                                                    Number of                                                    Price per                              
      
                  relevant                                          description                                                                          reference                                          unit                              
      
                  security                                                                                                                              securities                                                                        
      
                  5p ordinary                                          SWAP                                          Long                                          3,004                                          1.8254 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          3,225                                          1.8342 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          4,374                                          1.8498 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          6,482                                          1.8323 GBP                              
      
                  5p ordinary                                          SWAP                                          Long                                          8,400                                          1.8256 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          9,745                                          1.8264 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          11,432                                          1.8440 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          12,224                                          1.8247 GBP                              
      
                  5p ordinary                                          SWAP                                          Long                                          15,535                                          1.8255 GBP                              
      
                  5p ordinary                                          CFD                                          Long                                          19,768                                          1.8253 GBP                              
      
                  5p ordinary                                          SWAP                                          Long                                          337,366                                          1.8401 GBP                              
      
                  5p ordinary                                          SWAP                                          Long                                          357,162                                          1.8344 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          294                                          1.8306 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          393                                          1.8242 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          453                                          1.8311 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          2,813                                          1.8468 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          3,622                                          1.8441 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          3,831                                          1.8292 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          8,208                                          1.8422 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          10,729                                          1.8308 GBP                              
      
                  5p ordinary                                          CFD                                          Short                                          11,470                                          1.8255 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          11,470                                          1.8255 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          20,696                                          1.8375 GBP                              
      
                  5p ordinary                                          CFD                                          Short                                          22,362                                          1.8300 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          24,477                                          1.8331 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          30,705                                          1.8258 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          30,711                                          1.8368 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          46,610                                          1.8333 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          70,496                                          1.8277 GBP                              
      
                  5p ordinary                                          CFD                                          Short                                          79,433                                          1.8352 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          283,233                                          1.8266 GBP                              
      
                  5p ordinary                                          CFD                                          Short                                          447,063                                          1.8351 GBP                              
      
                  5p ordinary                                          SWAP                                          Short                                          474,445                                          1.8325 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 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?                                                    NO                              
      
                  Date of disclosure:                                          5 Jun 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 Panels Market Surveillance Unit is available for consultation in       relation to the Codes disclosure requirements on +44 (0)20 7638 0129.    
      The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.    
      BARCLAYS PLC

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