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Form 8.3 - TESCO PLC

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By LSE RNS

RNS Number : 1696O
Equiniti Share Plan Trustees Ltd
16 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

15.08.2017

(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:

107,175,045*

1.31%



(2) Cash-settled derivatives:

 





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





 

     TOTAL:

107,175,045

1.31%



 

*The change in the holding of 1,695 shares since the last disclosure on 15.08.2017 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

 

293

£1.7715

Ord 5p

Sales

 

358

£1.7710

Ord 5p

Sales

 

63

£1.7740

Ord 5p

Sales

 

639

£1.7730

Ord 5p

Sales

 

99

£1.7740

Ord 5p

Sales

 

264

£1.7730

Ord 5p

Sales

 

295

£1.7730

Ord 5p

Sales

 

263

£1.7715

Ord 5p

Sales

 

241

£1.7730

Ord 5p

Sales

 

570

£1.7735

Ord 5p

Sales

 

500

£1.7720

Ord 5p

Sales

 

60

£1.7710

Ord 5p

Sales

 

159

£1.7715

Ord 5p

Sales

 

201

£1.7730

Ord 5p

Sales

 

227

£1.7730

Ord 5p

Sales

 

293

£1.7720

Ord 5p

Sales

 

180

£1.7725

Ord 5p

Sales

 

424

£1.7740

Ord 5p

Sales

 

86

£1.7750

Ord 5p

Sales

 

305

£1.7780

Ord 5p

Sales

 

31

£1.7780

Ord 5p

Sales

 

355

£1.7780

Ord 5p

Sales

 

118

£1.7765

Ord 5p

Sales

 

230

£1.7805

Ord 5p

Sales

 

78

£1.7820

Ord 5p

Sales

 

146

£1.7830

Ord 5p

Sales

 

30

£1.7835

Ord 5p

Sales

 

210

£1.7845

Ord 5p

Sales

 

167

£1.7880

Ord 5p

Sales

 

199

£1.7880

Ord 5p

Sales

 

242

£1.7880

Ord 5p

Sales

 

96

£1.7880

Ord 5p

Sales

 

1,530

£1.7880

Ord 5p

Sales

 

114

£1.7905

Ord 5p

Sales

 

1,082

£1.7935

Ord 5p

Sales

 

120

£1.7930

Ord 5p

Sales

 

307

£1.7935

Ord 5p

Sales

 

159

£1.7935

Ord 5p

Sales

 

1,369

£1.7950

Ord 5p

Sales

 

257

£1.7970

Ord 5p

Sales

 

120

£1.7975

Ord 5p

Sales

 

702

£1.7930

Ord 5p

Sales

 

37

£1.7930

Ord 5p

Sales

 

93

£1.7925

Ord 5p

Sales

 

115

£1.7915

Ord 5p

Sales

 

144

£1.7895

Ord 5p

Sales

 

300

£1.7925

Ord 5p

Sales

 

158

£1.7910

Ord 5p

Sales

 

286

£1.7890

Ord 5p

Sales

 

269

£1.7900

Ord 5p

Sales

 

364

£1.7880

Ord 5p

Sales

 

216

£1.7885

Ord 5p

Sales

 

203

£1.7915

Ord 5p

Sales

 

334

£1.7865

Ord 5p

Sales

 

638

£1.7855

Ord 5p

Sales

 

653

£1.7845

Ord 5p

Sales

 

140

£1.7855

Ord 5p

Sales

 

88

£1.7770

Ord 5p

Sales

 

57

£1.7765

Ord 5p

Sales

 

140

£1.7750

Ord 5p

Sales

 

235

£1.7720

Ord 5p

Sales

 

34

£1.7695

Ord 5p

Sales

 

112

£1.7665

Ord 5p

Sales

 

119

£1.7675

Ord 5p

Sales

 

195

£1.7670

Ord 5p

Sales

 

2,878

£1.7675

Ord 5p

Sales

 

98

£1.7685

Ord 5p

Sales

 

321

£1.7685

Ord 5p

Sales

 

197

£1.7685

Ord 5p

Sales

 

135

£1.7690

Ord 5p

Sales

 

282

£1.7685

Ord 5p

Sales

 

156

£1.7690

Ord 5p

Sales

 

202

£1.7705

Ord 5p

Sales

 

743

£1.7705

Ord 5p

Sales

 

225

£1.7705

Ord 5p

Sales

 

1,000

£1.7745

Ord 5p

Sales

 

78

£1.7735

Ord 5p

Sales

 

127

£1.7735

Ord 5p

Sales

 

164

£1.7705

Ord 5p

Sales

 

109

£1.7695

Ord 5p

Sales

 

106

£1.7695

Ord 5p

Sales

 

131

£1.7690

Ord 5p

Sales

 

141

£1.7680

Ord 5p

Sales

 

60

£1.7665

Ord 5p

Sales

 

44

£1.7665

Ord 5p

Sales

 

117

£1.7670

Ord 5p

Sales

 

132

£1.7700

Ord 5p

Sales

 

797

£1.7705

Ord 5p

Sales

 

300

£1.7715

Ord 5p

Sales

 

108

£1.7710

Ord 5p

Sales

 

557

£1.7710

Ord 5p

Sales

 

169

£1.7710

Ord 5p

Sales

 

104

£1.7695

Ord 5p

Sales

 

312

£1.7690

Ord 5p

Sales

 

69

£1.7720

Ord 5p

Sales

 

170

£1.7720

Ord 5p

Sales

 

75,896

£1.7865

Ord 5p

Sales

 

23

£1.7910

 

(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:

16.08.2017

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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