Tesco PLC — Major Shareholding Notification 2018

Feb 21, 2018

National Storage Mechanism | Additional information

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RNS Number : 5477F

Equiniti Share Plan Trustees Ltd

21 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	20.02.2018
(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:	97,827,301*	1.19%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	97,827,301	1.19%

*The change in the holding of 4,619 shares since the last disclosure on 20.02.2018 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	99	£2.0580
Ord 5p	Sales	579	£2.0570
Ord 5p	Sales	391	£2.0590
Ord 5p	Sales	745	£2.0590
Ord 5p	Sales	882	£2.0600
Ord 5p	Sales	2,806	£2.0620
Ord 5p	Sales	342	£2.0680
Ord 5p	Sales	160	£2.0660
Ord 5p	Sales	32	£2.0610
Ord 5p	Sales	144	£2.0550
Ord 5p	Sales	220	£2.0550
Ord 5p	Sales	339	£2.0540
Ord 5p	Sales	111	£2.0550
Ord 5p	Sales	163	£2.0540
Ord 5p	Sales	260	£2.0540
Ord 5p	Sales	783	£2.0570
Ord 5p	Sales	321	£2.0570
Ord 5p	Sales	319	£2.0610
Ord 5p	Sales	581	£2.0610
Ord 5p	Sales	698	£2.0620
Ord 5p	Sales	250	£2.0610
Ord 5p	Sales	911	£2.0620
Ord 5p	Sales	120	£2.0570
Ord 5p	Sales	95	£2.0600
Ord 5p	Sales	238	£2.0590
Ord 5p	Sales	432	£2.0590
Ord 5p	Sales	546	£2.0600
Ord 5p	Sales	58	£2.0620
Ord 5p	Sales	104	£2.0580
Ord 5p	Sales	151	£2.0530
Ord 5p	Sales	328	£2.0530
Ord 5p	Sales	600	£2.0530
Ord 5p	Sales	232	£2.0550
Ord 5p	Sales	84	£2.0530
Ord 5p	Sales	210	£2.0570
Ord 5p	Sales	547	£2.0580
Ord 5p	Sales	154	£2.0630
Ord 5p	Sales	65	£2.0650
Ord 5p	Sales	1,165	£2.0680
Ord 5p	Sales	586	£2.0680
Ord 5p	Sales	176	£2.0680
Ord 5p	Sales	135	£2.0660
Ord 5p	Sales	1,972	£2.0660
Ord 5p	Sales	60	£2.0630
Ord 5p	Sales	117	£2.0670
Ord 5p	Sales	449	£2.0660
Ord 5p	Sales	28,489	£2.0580
Ord 5p	Sales	19	£2.0590

(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:	21.02.2018
###### 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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