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Form 8.3 - TESCO PLC

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By LSE RNS

RNS Number : 2932N
Equiniti Share Plan Trustees Ltd
07 August 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:

Equiniti Share Plan Trustees Limited

(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.

The Tesco PLC Share Incentive Plan

(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:


(e) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

04 August 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

 

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:

 

Ordinary Shares of 5p each

 

 

Interests

Short positions


Number

%

Number

%

(1) Relevant securities owned and/or controlled:

107,426,535*

1.31%



(2) Cash-settled derivatives:

 





(3) Stock-settled derivatives (including options) and agreements to purchase/sell:





 

     TOTAL:

107,426,535

1.31%



 

*The change in the holding of 507 shares since the last disclosure on 04 August 2017 date is due to the transfer out of a discretionary holding.

 

 

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:


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

Ord 5p

Sales

 

317

£1.7995

Ord 5p

Sales

 

125

£1.7990

Ord 5p

Sales

 

243

£1.7975

Ord 5p

Sales

 

149

£1.7970

Ord 5p

Sales

 

204

£1.7970

Ord 5p

Sales

 

119

£1.7975

Ord 5p

Sales

 

200

£1.7980

Ord 5p

Sales

 

256

£1.7980

Ord 5p

Sales

 

130

£1.7990

Ord 5p

Sales

 

122

£1.7980

Ord 5p

Sales

 

250

£1.8015

Ord 5p

Sales

 

85

£1.8010

Ord 5p

Sales

 

150

£1.8020

Ord 5p

Sales

 

391

£1.8025

Ord 5p

Sales

 

687

£1.8005

Ord 5p

Sales

 

986

£1.7985

Ord 5p

Sales

 

185

£1.7985

Ord 5p

Sales

 

121

£1.7975

Ord 5p

Sales

 

64

£1.7970

Ord 5p

Sales

 

281

£1.8000

Ord 5p

Sales

 

162

£1.7960

Ord 5p

Sales

 

146

£1.7965

Ord 5p

Sales

 

133

£1.7940

Ord 5p

Sales

 

139

£1.7900

Ord 5p

Sales

 

116

£1.7955

Ord 5p

Sales

 

446

£1.8000

Ord 5p

Sales

 

170

£1.8020

Ord 5p

Sales

 

136

£1.8010

Ord 5p

Sales

 

97

£1.8015

Ord 5p

Sales

 

225

£1.8010

Ord 5p

Sales

 

214

£1.8010

Ord 5p

Sales

 

607

£1.8015

Ord 5p

Sales

 

365

£1.8015

Ord 5p

Sales

 

158

£1.8020

Ord 5p

Sales

 

229

£1.8035

Ord 5p

Sales

 

176

£1.8020

Ord 5p

Sales

 

173

£1.8000

Ord 5p

Sales

 

131

£1.8020

Ord 5p

Sales

 

81

£1.8005

Ord 5p

Sales

 

79

£1.8000

Ord 5p

Sales

 

146

£1.7980

Ord 5p

Sales

 

782

£1.7980

Ord 5p

Sales

 

708

£1.7985

Ord 5p

Sales

 

142

£1.8025

Ord 5p

Sales

 

210

£1.8035

Ord 5p

Sales

 

99

£1.8040

Ord 5p

Sales

 

760

£1.8050

Ord 5p

Sales

 

137

£1.8040

Ord 5p

Sales

 

169

£1.8050

Ord 5p

Sales

 

604

£1.8045

Ord 5p

Sales

 

315

£1.8040

Ord 5p

Sales

 

120

£1.8040

Ord 5p

Sales

 

254

£1.8040

Ord 5p

Sales

 

292

£1.8020

Ord 5p

Sales

 

886

£1.8005

Ord 5p

Sales

 

350

£1.8045

Ord 5p

Sales

 

285

£1.8040

Ord 5p

Sales

 

407

£1.8060

Ord 5p

Sales

 

95

£1.8025

Ord 5p

Sales

 

261

£1.8025

Ord 5p

Sales

 

2,735

£1.7995

Ord 5p

Sales

 

154

£1.7995

Ord 5p

Sales

 

108

£1.8000

Ord 5p

Sales

 

1,126

£1.7985

Ord 5p

Sales

 

999

£1.8020

Ord 5p

Sales

 

209

£1.8020

Ord 5p

Sales

 

113

£1.7985

Ord 5p

Sales

 

207

£1.8005

Ord 5p

Sales

 

323

£1.8010

Ord 5p

Sales

 

78

£1.8030

Ord 5p

Sales

 

23,545

£1.8010

 

 

 

(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


 

 




 

(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:

07 August 2017

Contact name:

Wendy Butcher

Telephone number:

01903 833375

 

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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