Tesco PLC — Director's Dealing 2018

Jan 26, 2018

National Storage Mechanism | Additional information

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RNS Number : 0743D

Equiniti Share Plan Trustees Ltd

26 January 2018

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	25.01.2018
(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:	98,615,851*	1.20%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	98,615,851	1.20%

*The change in the holding of 8,376 shares since the last disclosure on 25.01.2018 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	295	£2.0920
Ord 5p	Sales	949	£2.0910
Ord 5p	Sales	1,027	£2.0910
Ord 5p	Sales	589	£2.0900
Ord 5p	Sales	130	£2.0900
Ord 5p	Sales	491	£2.0900
Ord 5p	Sales	242	£2.0900
Ord 5p	Sales	211	£2.0900
Ord 5p	Sales	108	£2.0900
Ord 5p	Sales	190	£2.0900
Ord 5p	Sales	109	£2.0900
Ord 5p	Sales	739	£2.0900
Ord 5p	Sales	1,790	£2.0910
Ord 5p	Sales	311	£2.0910
Ord 5p	Sales	523	£2.0930
Ord 5p	Sales	852	£2.0930
Ord 5p	Sales	263	£2.0920
Ord 5p	Sales	859	£2.0900
Ord 5p	Sales	330	£2.0900
Ord 5p	Sales	280	£2.0900
Ord 5p	Sales	294	£2.0900
Ord 5p	Sales	154	£2.0910
Ord 5p	Sales	414	£2.0940
Ord 5p	Sales	96	£2.0900
Ord 5p	Sales	805	£2.0900
Ord 5p	Sales	647	£2.0900
Ord 5p	Sales	279	£2.0890
Ord 5p	Sales	255	£2.0910
Ord 5p	Sales	252	£2.0910
Ord 5p	Sales	284	£2.0900
Ord 5p	Sales	221	£2.0900
Ord 5p	Sales	87	£2.0900
Ord 5p	Sales	287	£2.0920
Ord 5p	Sales	368	£2.0900
Ord 5p	Sales	119	£2.0920
Ord 5p	Sales	167	£2.0920
Ord 5p	Sales	52	£2.0910
Ord 5p	Sales	43	£2.0910
Ord 5p	Sales	438	£2.0910
Ord 5p	Sales	47	£2.0880
Ord 5p	Sales	285	£2.0870
Ord 5p	Sales	162	£2.0880
Ord 5p	Sales	195	£2.0890
Ord 5p	Sales	370	£2.0900
Ord 5p	Sales	62	£2.0900
Ord 5p	Sales	485	£2.0870
Ord 5p	Sales	45	£2.0870
Ord 5p	Sales	145	£2.0870
Ord 5p	Sales	1,173	£2.0870
Ord 5p	Sales	482	£2.0880
Ord 5p	Sales	116	£2.0880
Ord 5p	Sales	214	£2.0890
Ord 5p	Sales	244	£2.0920
Ord 5p	Sales	77	£2.0920
Ord 5p	Sales	215	£2.0920
Ord 5p	Sales	61	£2.0920
Ord 5p	Sales	215	£2.0910
Ord 5p	Sales	317	£2.0850
Ord 5p	Sales	925	£2.0840
Ord 5p	Sales	301	£2.0810
Ord 5p	Sales	187	£2.0800
Ord 5p	Sales	972	£2.0800
Ord 5p	Sales	22	£2.0770
Ord 5p	Sales	94	£2.0820
Ord 5p	Sales	27,673	£2.0940

(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:	26.01.2018
###### 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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