Barclays Regulatory News (BARC)

31 Aug 2016 14:57

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:		Barclays PLC.
(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.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree		J SAINSBURY 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		30 August 2016
(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”		YES HOME RETAIL GROUP PLC

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:				ORD
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		17,691,853		0.92%		9,558,361		0.50%
(2)		Cash-settled derivatives:
				5,789,731		0.30%		5,599,533		0.29%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		1,300,000		0.07%		0		0.00%
(4)
		TOTAL:		24,781,584		1.29%		15,157,894		0.79%
Class of relevant security:				Convertible Bond XS1268412993
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		0		0.00%		300,000		0.02%
(2)		Cash-settled derivatives:
				0		0.00%		0		0.00%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
(4)
		TOTAL:		0		0.00%		300,000		0.02%
Class of relevant security:				Convertible Bond XS1139087933
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		3,100,000		0.16%		0		0.00%
(2)		Cash-settled derivatives:
				0		0.00%		0		0.00%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
(4)
		TOTAL:		3,100,000		0.16%		0		0.00%

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		Purchase/sale		Number of		Price per unit
security				securities
ORD		Purchase		217		2.4290 GBP
ORD		Purchase		401		2.4385 GBP
ORD		Purchase		780		2.4420 GBP
ORD		Purchase		820		2.4360 GBP
ADR		Purchase		1,306		12.9000 USD
ORD		Purchase		1,381		2.4140 GBP
ORD		Purchase		1,464		2.4210 GBP
ORD		Purchase		1,504		2.4200 GBP
ORD		Purchase		1,674		2.4280 GBP
ORD		Purchase		1,867		2.4040 GBP
ORD		Purchase		1,976		2.4195 GBP
ORD		Purchase		1,999		2.4260 GBP
ADR		Purchase		2,000		12.9790 USD
ORD		Purchase		2,151		2.4350 GBP
ORD		Purchase		2,171		2.4255 GBP
ORD		Purchase		2,493		2.4250 GBP
ORD		Purchase		2,743		2.4376 GBP
ORD		Purchase		3,258		2.4240 GBP
ORD		Purchase		3,276		2.4050 GBP
ORD		Purchase		4,000		2.4382 GBP
ORD		Purchase		4,234		2.4258 GBP
ORD		Purchase		4,468		2.4220 GBP
ORD		Purchase		4,791		2.4370 GBP
ORD		Purchase		5,081		2.4390 GBP
ORD		Purchase		5,241		2.4309 GBP
ORD		Purchase		5,302		2.4150 GBP
ORD		Purchase		5,497		2.4100 GBP
ORD		Purchase		5,520		2.4380 GBP
ORD		Purchase		6,456		2.4270 GBP
ORD		Purchase		8,242		2.4340 GBP
ORD		Purchase		11,536		2.4259 GBP
ORD		Purchase		12,539		2.4219 GBP
ADR		Purchase		13,488		12.8859 USD
ORD		Purchase		15,193		2.4230 GBP
ORD		Purchase		15,747		2.4176 GBP
ORD		Purchase		28,858		2.4278 GBP
ORD		Purchase		32,010		2.4161 GBP
ORD		Purchase		36,547		2.4312 GBP
ORD		Purchase		43,469		2.4225 GBP
ORD		Purchase		52,708		2.4282 GBP
ORD		Purchase		57,779		2.4212 GBP
ORD		Purchase		62,225		2.4173 GBP
ORD		Purchase		131,333		2.4299 GBP
ORD		Purchase		350,000		2.4266 GBP
ORD		Purchase		358,529		2.4245 GBP
ORD		Purchase		655,800		2.4264 GBP
ORD		Sale		401		2.4385 GBP
ORD		Sale		485		2.4365 GBP
ORD		Sale		780		2.4420 GBP
ORD		Sale		820		2.4360 GBP
ORD		Sale		1,181		2.4078 GBP
ADR		Sale		1,306		12.9000 USD
ORD		Sale		1,367		2.4133 GBP
ORD		Sale		1,381		2.4140 GBP
ORD		Sale		1,464		2.4210 GBP
ORD		Sale		1,750		2.4080 GBP
ORD		Sale		1,862		2.4259 GBP
ORD		Sale		1,867		2.4040 GBP
ORD		Sale		1,976		2.4195 GBP
ADR		Sale		2,000		12.9790 USD
ORD		Sale		2,151		2.4350 GBP
ORD		Sale		2,171		2.4255 GBP
ORD		Sale		2,311		2.4147 GBP
ORD		Sale		2,493		2.4250 GBP
ORD		Sale		2,675		2.4208 GBP
ORD		Sale		2,808		2.4180 GBP
ORD		Sale		2,907		2.4190 GBP
ORD		Sale		3,119		2.4200 GBP
ORD		Sale		3,276		2.4050 GBP
ORD		Sale		4,791		2.4370 GBP
ORD		Sale		5,081		2.4390 GBP
ORD		Sale		5,497		2.4100 GBP
ORD		Sale		5,520		2.4380 GBP
ORD		Sale		6,456		2.4270 GBP
ORD		Sale		7,343		2.4220 GBP
ORD		Sale		7,608		2.4305 GBP
ORD		Sale		8,855		2.4260 GBP
ORD		Sale		8,890		2.4265 GBP
ORD		Sale		9,113		2.4132 GBP
ORD		Sale		10,250		2.4225 GBP
ORD		Sale		10,679		2.4211 GBP
ORD		Sale		12,903		2.4129 GBP
ORD		Sale		12,964		2.4290 GBP
ADR		Sale		13,488		12.8859 USD
ORD		Sale		14,362		2.4288 GBP
ORD		Sale		15,254		2.4150 GBP
ORD		Sale		15,284		2.4289 GBP
ORD		Sale		16,279		2.4240 GBP
ORD		Sale		16,447		2.4230 GBP
ORD		Sale		24,288		2.4251 GBP
ORD		Sale		25,263		2.4247 GBP
ORD		Sale		34,780		2.4266 GBP
ORD		Sale		49,335		2.4231 GBP
ORD		Sale		153,302		2.4280 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security						securities
ORD		SWAP		Long		89		2.4340 GBP
ORD		SWAP		Long		911		2.4339 GBP
ORD		CFD		Long		1,181		2.4078 GBP
ORD		SWAP		Long		1,400		2.4229 GBP
ORD		CFD		Long		1,696		2.4152 GBP
ORD		SWAP		Long		1,862		2.4259 GBP
ORD		CFD		Long		12,898		2.4247 GBP
ORD		CFD		Long		23,000		2.4337 GBP
ORD		CFD		Long		26,976		2.4278 GBP
ORD		CFD		Long		28,325		2.4251 GBP
ORD		SWAP		Long		30,680		2.4198 GBP
ORD		CFD		Short		1,571		2.4283 GBP
ORD		CFD		Short		2,060		2.4074 GBP
ORD		CFD		Short		9,704		2.4142 GBP
ORD		CFD		Short		10,463		2.4333 GBP
ORD		CFD		Short		13,596		2.4175 GBP
ORD		SWAP		Short		18,412		2.4241 GBP
ORD		CFD		Short		19,984		2.4255 GBP
ORD		SWAP		Short		19,984		2.4255 GBP
ORD		CFD		Short		25,717		2.4334 GBP
ORD		SWAP		Short		34,930		2.4296 GBP
ORD		SWAP		Short		48,783		2.4146 GBP
ORD		CFD		Short		52,708		2.4282 GBP
ORD		SWAP		Short		131,333		2.4299 GBP
ORD		CFD		Short		350,000		2.4266 GBP
ORD		CFD		Short		358,529		2.4245 GBP

(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?

YES

Date of disclosure:	31 August 2016
Contact name:	Pinar Coktas
Telephone number:	020 7116 1165

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 disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:	Barclays PLC.
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	J SAINSBURY PLC

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class

Product

Writing,

Number

Exercise

Type

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

relates

ORD

Put Options

Written

1,000,000

260.0000

American

15 Dec 2017

ORD

Call Options

Purchased

300,000

230.0000

American

16 Sep 2016

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

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.

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