Tesco PLC — Director's Dealing 2018

Feb 27, 2018

National Storage Mechanism | Additional information

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RNS Number : 0880G

Equiniti Share Plan Trustees Ltd

27 February 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	26.02.2018
(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:	97,956,873*	1.20%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	97,956,873	1.20%

*The change in the holding of 5,902 shares since the last disclosure on 26.02.2018 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	182	£2.0560
Ord 5p	Sales	78	£2.0560
Ord 5p	Sales	79	£2.0580
Ord 5p	Sales	94	£2.0590
Ord 5p	Sales	81	£2.0570
Ord 5p	Sales	99	£2.0600
Ord 5p	Sales	547	£2.0600
Ord 5p	Sales	433	£2.0590
Ord 5p	Sales	198	£2.0590
Ord 5p	Sales	70	£2.0570
Ord 5p	Sales	68	£2.0560
Ord 5p	Sales	19	£2.0660
Ord 5p	Sales	44	£2.0660
Ord 5p	Sales	320	£2.0630
Ord 5p	Sales	246	£2.0630
Ord 5p	Sales	91	£2.0630
Ord 5p	Sales	197	£2.0620
Ord 5p	Sales	339	£2.0660
Ord 5p	Sales	371	£2.0670
Ord 5p	Sales	362	£2.0670
Ord 5p	Sales	123	£2.0680
Ord 5p	Sales	193	£2.0680
Ord 5p	Sales	246	£2.0690
Ord 5p	Sales	129	£2.0690
Ord 5p	Sales	574	£2.0690
Ord 5p	Sales	132	£2.0690
Ord 5p	Sales	105	£2.0700
Ord 5p	Sales	73	£2.0700
Ord 5p	Sales	300	£2.0720
Ord 5p	Sales	810	£2.0670
Ord 5p	Sales	120	£2.0650
Ord 5p	Sales	226	£2.0650
Ord 5p	Sales	3,510	£2.0660
Ord 5p	Sales	1,000	£2.0680
Ord 5p	Sales	250	£2.0680
Ord 5p	Sales	810	£2.0660
Ord 5p	Sales	51	£2.0650
Ord 5p	Sales	103	£2.0660
Ord 5p	Sales	37	£2.0660
Ord 5p	Sales	489	£2.0650
Ord 5p	Sales	42	£2.0640
Ord 5p	Sales	230	£2.0650
Ord 5p	Sales	158	£2.0650
Ord 5p	Sales	488	£2.0630
Ord 5p	Sales	121	£2.0630
Ord 5p	Sales	160	£2.0720
Ord 5p	Sales	1,102	£2.0720
Ord 5p	Sales	346	£2.0680
Ord 5p	Sales	140	£2.0680
Ord 5p	Sales	100	£2.0690
Ord 5p	Sales	208	£2.0650
Ord 5p	Sales	46	£2.0650
Ord 5p	Sales	183	£2.0600
Ord 5p	Sales	101	£2.0600
Ord 5p	Sales	121	£2.0600
Ord 5p	Sales	241	£2.0590
Ord 5p	Sales	23	£2.0590
Ord 5p	Sales	1,471	£2.0570
Ord 5p	Sales	79	£2.0570
Ord 5p	Sales	153	£2.0540
Ord 5p	Sales	216	£2.0530
Ord 5p	Sales	141	£2.0530
Ord 5p	Sales	88	£2.0570
Ord 5p	Sales	185	£2.0580
Ord 5p	Sales	723	£2.0580
Ord 5p	Sales	916	£2.0580
Ord 5p	Sales	54	£2.0560
Ord 5p	Sales	1,327	£2.0570
Ord 5p	Sales	104	£2.0560
Ord 5p	Sales	92	£2.0570
Ord 5p	Sales	21,796	£2.0720

(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:	27.02.2018
###### 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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