Tesco PLC — Major Shareholding Notification 2014

Oct 16, 2014

National Storage Mechanism | Additional information

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RNS Number : 4752U

Tesco PLC

16 October 2014

On 15 October 2014, Tesco PLC received the following notification from Berkshire Hathaway Inc. of its interests in the Company as of 13 October 2014:

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Tesco Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				√
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Berkshire Hathaway Inc.
4. Full name of shareholder(s) (if different from 3.):iv		The following wholly owned subsidiaries of Berkshire Hathaway Inc. hold voting rights: Government Employees Insurance Company; General Reinsurance Corporation; General Reinsurance   AG; U.S. Liability Insurance Company; National Fire & Marine Insurance Company and National Indemnity Company.
5. Date of the transaction and date on which the threshold is crossed or reached: v		13 October 2014
6. Date on which issuer notified:		15 October 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		Less than 3%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB0008847096	245,298,335			245,298,335								Less than 3%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
								Less than 3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The following wholly owned subsidiaries of Berkshire Hathaway Inc. own shares with voting rights Government Employees Insurance Company; General Reinsurance Corporation, General Reinsurance AG, U.S. Liability Insurance Company, National Fire & Marine Insurance Company and National Indemnity Company
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Marc D. Hamburg
15. Contact telephone number:	1-402-346-1400 (United States of America)

This information is provided by RNS

The company news service from the London Stock Exchange

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