Tesco PLC — Director's Dealing 2018

Feb 28, 2018

National Storage Mechanism | Additional information

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RNS Number : 2605G

Equiniti Share Plan Trustees Ltd

28 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	27.02.2018
(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:	97,880,056*	1.19%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	97,880,056	1.19%

*The change in the holding of 26,965 shares since the last disclosure on 27.02.2018 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	674	£2.0670
Ord 5p	Sales	96	£2.0660
Ord 5p	Sales	214	£2.0640
Ord 5p	Sales	93	£2.0690
Ord 5p	Sales	439	£2.0730
Ord 5p	Sales	2,496	£2.0730
Ord 5p	Sales	468	£2.0670
Ord 5p	Sales	611	£2.0720
Ord 5p	Sales	414	£2.0690
Ord 5p	Sales	185	£2.0690
Ord 5p	Sales	729	£2.0700
Ord 5p	Sales	202	£2.0740
Ord 5p	Sales	490	£2.0740
Ord 5p	Sales	343	£2.0710
Ord 5p	Sales	73	£2.0670
Ord 5p	Sales	180	£2.0660
Ord 5p	Sales	565	£2.0630
Ord 5p	Sales	135	£2.0630
Ord 5p	Sales	212	£2.0640
Ord 5p	Sales	897	£2.0650
Ord 5p	Sales	605	£2.0640
Ord 5p	Sales	131	£2.0640
Ord 5p	Sales	154	£2.0630
Ord 5p	Sales	260	£2.0630
Ord 5p	Sales	220	£2.0620
Ord 5p	Sales	352	£2.0640
Ord 5p	Sales	614	£2.0680
Ord 5p	Sales	81	£2.0720
Ord 5p	Sales	199	£2.0790
Ord 5p	Sales	79	£2.0790
Ord 5p	Sales	167	£2.0800
Ord 5p	Sales	188	£2.0800
Ord 5p	Sales	301	£2.0790
Ord 5p	Sales	402	£2.0800
Ord 5p	Sales	111	£2.0800
Ord 5p	Sales	769	£2.0800
Ord 5p	Sales	66	£2.0760
Ord 5p	Sales	120	£2.0760
Ord 5p	Sales	531	£2.0760
Ord 5p	Sales	114	£2.0760
Ord 5p	Sales	570	£2.0770
Ord 5p	Sales	120	£2.0800
Ord 5p	Sales	89	£2.0820
Ord 5p	Sales	125	£2.0760
Ord 5p	Sales	1,115	£2.0760
Ord 5p	Sales	21	£2.0750
Ord 5p	Sales	120	£2.0760
Ord 5p	Sales	73	£2.0750
Ord 5p	Sales	143	£2.0730
Ord 5p	Sales	126	£2.0720
Ord 5p	Sales	138	£2.0710
Ord 5p	Sales	164	£2.0680
Ord 5p	Sales	702	£2.0680
Ord 5p	Sales	497	£2.0650
Ord 5p	Sales	845	£2.0680
Ord 5p	Sales	159	£2.0680
Ord 5p	Sales	29,826	£2.0630
Ord 5p	Sales	39	£2.0630

(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:	28.02.2018
###### 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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