Last checked at 28 Jul 2016 14:42
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: | 27 July 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: | ORD | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 12,344,223 | 0.64% | 11,911,241 | 0.62% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 10,454,426 | 0.54% | 3,938,346 | 0.20% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 1,000,000 | 0.05% | 0 | 0.00% | |||||||
| TOTAL: | 23,798,649 | 1.24% | 15,849,587 | 0.82% | |||||||
| 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% | |||||||
| 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: | 1,600,000 | 0.08% | 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: | 1,600,000 | 0.08% | 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 | 122 | 2.2317 GBP | ||||
| ORD | Purchase | 437 | 2.2650 GBP | ||||
| ORD | Purchase | 442 | 2.2422 GBP | ||||
| ORD | Purchase | 2,020 | 2.2617 GBP | ||||
| ORD | Purchase | 2,615 | 2.2610 GBP | ||||
| ORD | Purchase | 3,023 | 2.2517 GBP | ||||
| ORD | Purchase | 3,168 | 2.2552 GBP | ||||
| ORD | Purchase | 3,889 | 2.2596 GBP | ||||
| ORD | Purchase | 4,395 | 2.2590 GBP | ||||
| ORD | Purchase | 5,905 | 2.2600 GBP | ||||
| ADR | Purchase | 9,160 | 12.0845 USD | ||||
| ORD | Purchase | 20,152 | 2.2655 GBP | ||||
| ORD | Purchase | 30,568 | 2.2601 GBP | ||||
| ORD | Purchase | 43,599 | 2.2528 GBP | ||||
| ORD | Purchase | 52,595 | 2.2584 GBP | ||||
| ORD | Purchase | 57,601 | 2.2518 GBP | ||||
| ORD | Purchase | 66,167 | 2.2500 GBP | ||||
| ORD | Purchase | 77,973 | 2.2501 GBP | ||||
| ORD | Purchase | 91,010 | 2.2591 GBP | ||||
| ORD | Purchase | 195,291 | 2.2527 GBP | ||||
| ORD | Sale | 50 | 2.2300 GBP | ||||
| ORD | Sale | 209 | 2.2500 GBP | ||||
| ORD | Sale | 437 | 2.2650 GBP | ||||
| ORD | Sale | 800 | 2.2560 GBP | ||||
| ORD | Sale | 809 | 2.2630 GBP | ||||
| ORD | Sale | 1,604 | 2.2592 GBP | ||||
| ORD | Sale | 2,340 | 2.2439 GBP | ||||
| ORD | Sale | 2,615 | 2.2610 GBP | ||||
| ORD | Sale | 3,416 | 2.2378 GBP | ||||
| ORD | Sale | 3,416 | 2.2288 GBP | ||||
| ORD | Sale | 3,416 | 2.2474 GBP | ||||
| ORD | Sale | 3,416 | 2.2593 GBP | ||||
| ORD | Sale | 3,416 | 2.2558 GBP | ||||
| ORD | Sale | 3,717 | 2.2590 GBP | ||||
| ADR | Sale | 9,160 | 12.0845 USD | ||||
| ORD | Sale | 12,900 | 2.2598 GBP | ||||
| ORD | Sale | 16,166 | 2.2600 GBP | ||||
| ORD | Sale | 23,168 | 2.2564 GBP | ||||
| ORD | Sale | 49,062 | 2.2579 GBP | ||||
| ORD | Sale | 50,800 | 2.2616 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 | 3,416 | 2.2288 GBP | |||||
| ORD | CFD | Long | 3,416 | 2.2378 GBP | |||||
| ORD | CFD | Long | 3,416 | 2.2474 GBP | |||||
| ORD | CFD | Long | 3,416 | 2.2558 GBP | |||||
| ORD | CFD | Long | 3,416 | 2.2593 GBP | |||||
| ORD | CFD | Long | 4,635 | 2.2596 GBP | |||||
| ORD | CFD | Long | 16,562 | 2.2571 GBP | |||||
| ORD | CFD | Long | 28,317 | 2.2618 GBP | |||||
| ORD | SWAP | Long | 86,190 | 2.2587 GBP | |||||
| ORD | SWAP | Short | 442 | 2.2422 GBP | |||||
| ORD | CFD | Short | 2,020 | 2.2617 GBP | |||||
| ORD | SWAP | Short | 3,000 | 2.2300 GBP | |||||
| ORD | SWAP | Short | 11,366 | 2.2582 GBP | |||||
| ORD | CFD | Short | 20,152 | 2.2655 GBP | |||||
| ORD | SWAP | Short | 20,209 | 2.2526 GBP | |||||
| ORD | CFD | Short | 30,568 | 2.2600 GBP | |||||
| ORD | CFD | Short | 17,848 | 2.2592 GBP | |||||
| ORD | CFD | Short | 91,010 | 2.2591 GBP | |||||
| ORD | SWAP | Short | 110,421 | 2.2570 GBP | |||||
| ORD | CFD | Short | 152,599 | 2.2493 GBP | |||||
| ORD | CFD | Short | 136,554 | 2.2500 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: | 28 Jul 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.
143221.01
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160728005973/en/
Copyright Business Wire 2016