Tesco PLC — Director's Dealing 2018

Mar 2, 2018

National Storage Mechanism | Additional information

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RNS Number : 5314G

Citigroup Global Markets Limited

02 March 2018

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH

RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader:	Citigroup Global Markets Limited
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Tesco Plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Tesco Plc
(d) Date dealing undertaken:	1 March 2018
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	YES BOOKER GROUP PLC

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received (GBP)	Lowest price per unit paid/received (GBP)
5p ordinary	Purchase	1,715,615	2.1040	2.0800
5p ordinary	Sale	2,629,281	2.0990	2.0800

(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 (GBP)
5p ordinary	TRS	Increasing Long Position	77,081	2.0811
5p ordinary	TRS	Increasing Long Position	943	2.0800
5p ordinary	TRS	Reducing Long Position	5,526	2.0895
5p ordinary	TRS	Increasing Short Position	432	2.0866
5p ordinary	TRS	Increasing Short Position	889	2.0866
5p ordinary	TRS	Increasing Long Position	48,586	2.0804
5p ordinary	TRS	Increasing Short Position	49,748	2.0855
5p ordinary	TRS	Closing Short Position	29,824	2.0860
5p ordinary	TRS	Increasing Short Position	249	2.0860
5p ordinary	TRS	Increasing Short Position	1,923	2.0860
5p ordinary	TRS	Reducing Short Position	6,345	2.0860
5p ordinary	TRS	Increasing Short Position	295	2.0860
5p ordinary	TRS	Increasing Short Position	53,465	2.0811
5p ordinary	TRS	Increasing Short Position	1,295	2.0860
5p ordinary	TRS	Reducing Short Position	23,000	2.0818
5p ordinary	TRS	Reducing Long Position	70,401	2.0856
5p ordinary	TRS	Increasing Short Position	9,311	2.0820
5p ordinary	TRS	Increasing Long Position	37,434	2.0828
5p ordinary	TRS	Increasing Short Position	149,717	2.0816
5p ordinary	TRS	Closing Short Position	990,000	2.0854
5p ordinary	TRS	Increasing Short Position	1,675	2.1080
5p ordinary	TRS	Closing Short Position	40,577	2.0833
5p ordinary	TRS	Increasing Long Position	3,127	2.0818

(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)

3. 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 exempt principal trader 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 exempt principal trader 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

Date of disclosure:	2 March 2018
Contact name:	Damian Flanagan
Telephone number:	+44 (28) 9040-9676

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information

Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing 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

END

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