Barclays Regulatory News (BARC)

21 Jun 2016 13:09

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 interest and short
		positions disclosed, if different from 1(a):
(c)		Name of offeror/offeree in relation to whose		J SAINSBURY PLC
		relevant securities this form relates:
(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:		20 June 2016
(f)		In addition to the company in 1(c) above, is the discloser making		YES:
		disclosures in respect of any other party to the offer?		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:
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		11,375,981		0.59%		11,086,543		0.58%
(2)		Cash-settled derivatives:
				9,371,550		0.49%		859,664		0.04%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		1,000,000		0.05%		0		0.00%
		TOTAL:		21,747,531		1.13%		11,946,207		0.62%

Class of relevant security:				Convertible Bond XS1268412993
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,300,000		0.07%		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%
		TOTAL:		1,300,000		0.07%		0		0.00%

Class of relevant security:				Convertible Bond XS1139087933
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		100,000		0.01%		200,000		0.01%
(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%
		TOTAL:		100,000		0.01%		200,000		0.01%

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		279		2.4419 GBP
ORD		Purchase		1,027		2.3847 GBP
ADR		Purchase		1,054		14.3094 USD
ORD		Purchase		1,283		2.4422 GBP
ADR		Purchase		1,400		14.2871 USD
ORD		Purchase		1,430		2.4292 GBP
ORD		Purchase		2,409		2.4375 GBP
ORD		Purchase		2,483		2.4410 GBP
ORD		Purchase		3,200		2.4400 GBP
ORD		Purchase		9,258		2.4226 GBP
ORD		Purchase		9,513		2.4402 GBP
ORD		Purchase		15,972		2.4326 GBP
ORD		Purchase		31,248		2.3924 GBP
ORD		Purchase		89,932		2.4448 GBP
ORD		Purchase		93,926		2.4339 GBP
ORD		Purchase		136,056		2.4470 GBP
ORD		Purchase		160,928		2.4450 GBP
ORD		Sale		881		2.4340 GBP
ADR		Sale		1,054		14.3094 USD
ADR		Sale		1,400		14.2871 USD
ORD		Sale		1,500		2.4330 GBP
ORD		Sale		1,500		2.3970 GBP
ORD		Sale		1,600		2.4400 GBP
ORD		Sale		7,371		2.4318 GBP
ORD		Sale		8,862		2.4321 GBP
ORD		Sale		10,549		2.4339 GBP
ORD		Sale		14,634		2.4319 GBP
ORD		Sale		16,740		2.4271 GBP
ORD		Sale		24,306		2.4384 GBP
ORD		Sale		48,645		2.4252 GBP
ORD		Sale		78,569		2.4433 GBP
ORD		Sale		124,875		2.4450 GBP
ORD		Sale		131,893		2.4182 GBP
ORD		Sale		143,883		2.4206 GBP
ORD		Sale		211,275		2.4102 GBP
ORD		Sale		384,031		2.4215 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security						securities
ORD		CFD		Long		908		2.4493 GBP
ORD		CFD		Long		1,018		2.4206 GBP
ORD		SWAP		Long		1,300		2.4298 GBP
ORD		CFD		Long		5,582		2.4097 GBP
ORD		CFD		Long		8,371		2.3947 GBP
ORD		CFD		Long		8,862		2.4321 GBP
ORD		CFD		Long		19,254		2.4306 GBP
ORD		CFD		Long		24,306		2.4384 GBP
ORD		CFD		Long		31,000		2.4341 GBP
ORD		CFD		Long		34,063		2.4405 GBP
ORD		CFD		Long		36,379		2.4293 GBP
ORD		CFD		Long		44,506		2.4454 GBP
ORD		CFD		Long		131,893		2.4182 GBP
ORD		SWAP		Long		235,986		2.4096 GBP
ORD		CFD		Long		462,544		2.4208 GBP
ORD		SWAP		Short		979		2.4348 GBP
ORD		SWAP		Short		1,027		2.3848 GBP
ORD		CFD		Short		1,600		2.4401 GBP
ORD		SWAP		Short		10,324		2.4356 GBP
ORD		SWAP		Short		31,248		2.3924 GBP
ORD		CFD		Short		93,926		2.4339 GBP
ORD		CFD		Short		136,056		2.4470 GBP
ORD		CFD		Short		212,010		2.4450 GBP
ORD		SWAP		Short		212,010		2.4450 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:		21 Jun 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

Identity of the person whose positions/dealings		Barclays PLC.
are being disclosed:
Name of offeror/offeree in relation to whose		J SAINSBURY PLC
relevant securities this from relates:

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

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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