Tesco PLC — Major Shareholding Notification 2018

Mar 1, 2018

National Storage Mechanism | Additional information

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RNS Number : 4114G

Equiniti Share Plan Trustees Ltd

01 March 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	28.02.2018
(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:	97,795,450*	1.19%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	97,795,450	1.19%

*The change in the holding of 7,623 shares since the last disclosure on 28.02.2018 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	465	£2.1130
Ord 5p	Sales	72	£2.1180
Ord 5p	Sales	155	£2.1150
Ord 5p	Sales	662	£2.1160
Ord 5p	Sales	193	£2.1150
Ord 5p	Sales	1,462	£2.1200
Ord 5p	Sales	1,823	£2.1200
Ord 5p	Sales	404	£2.1200
Ord 5p	Sales	153	£2.1210
Ord 5p	Sales	389	£2.1210
Ord 5p	Sales	374	£2.1210
Ord 5p	Sales	440	£2.1170
Ord 5p	Sales	180	£2.1190
Ord 5p	Sales	72	£2.1170
Ord 5p	Sales	287	£2.1160
Ord 5p	Sales	119	£2.1210
Ord 5p	Sales	200	£2.1200
Ord 5p	Sales	198	£2.1230
Ord 5p	Sales	802	£2.1250
Ord 5p	Sales	369	£2.1270
Ord 5p	Sales	347	£2.1280
Ord 5p	Sales	260	£2.1270
Ord 5p	Sales	764	£2.1270
Ord 5p	Sales	299	£2.1310
Ord 5p	Sales	548	£2.1310
Ord 5p	Sales	2,047	£2.1300
Ord 5p	Sales	160	£2.1290
Ord 5p	Sales	328	£2.1270
Ord 5p	Sales	1,271	£2.1250
Ord 5p	Sales	1,473	£2.1270
Ord 5p	Sales	127	£2.1270
Ord 5p	Sales	95	£2.1250
Ord 5p	Sales	306	£2.1240
Ord 5p	Sales	241	£2.1260
Ord 5p	Sales	1,189	£2.1230
Ord 5p	Sales	354	£2.1240
Ord 5p	Sales	162	£2.1260
Ord 5p	Sales	66	£2.1270
Ord 5p	Sales	949	£2.1340
Ord 5p	Sales	1,000	£2.1430
Ord 5p	Sales	4,400	£2.1430
Ord 5p	Sales	1,645	£2.1440
Ord 5p	Sales	36	£2.1420
Ord 5p	Sales	102	£2.1390
Ord 5p	Sales	584	£2.1420
Ord 5p	Sales	176	£2.1420
Ord 5p	Sales	651	£2.1440
Ord 5p	Sales	122	£2.1440
Ord 5p	Sales	678	£2.1440
Ord 5p	Sales	465	£2.1440
Ord 5p	Sales	136	£2.1480
Ord 5p	Sales	80	£2.1270
Ord 5p	Sales	303	£2.1270
Ord 5p	Sales	381	£2.1300
Ord 5p	Sales	269	£2.1290
Ord 5p	Sales	248	£2.1250
Ord 5p	Sales	319	£2.1270
Ord 5p	Sales	47	£2.1330
Ord 5p	Sales	530	£2.1220
Ord 5p	Sales	256	£2.1120
Ord 5p	Sales	215	£2.1060
Ord 5p	Sales	118	£2.1080
Ord 5p	Sales	60	£2.1030
Ord 5p	Sales	98	£2.1060
Ord 5p	Sales	1,726	£2.0940
Ord 5p	Sales	128	£2.0780
Ord 5p	Sales	1,190	£2.0760
Ord 5p	Sales	2,932	£2.0760
Ord 5p	Sales	57	£2.0750
Ord 5p	Sales	56	£2.0750
Ord 5p	Sales	451	£2.0740
Ord 5p	Sales	176	£2.0740
Ord 5p	Sales	523	£2.0790
Ord 5p	Sales	590	£2.0780
Ord 5p	Sales	161	£2.0760
Ord 5p	Sales	1,729	£2.0650
Ord 5p	Sales	199	£2.0570
Ord 5p	Sales	153	£2.0610
Ord 5p	Sales	34,188	£2.1440

(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:	01.03.2018
###### 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

END

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