4th Apr 2017 10:15
Investec Asset Management Limited - Form 8.3 - Tesco PlcInvestec Asset Management Limited - Form 8.3 - Tesco Plc
PR Newswire
London, April 4
FORM 8.6
PRIVATE DEALING DISCLOSURE BY AN EXEMPT FUND MANAGER WITH
NO INTERESTS IN SECURITIES REPRESENTING 1% OR MORE IN ANY PARTY
Rule 8.6 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| (a) Name of exempt fund manager: | Investec Asset Management Limited |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a disclosure form for each offeror/offeree | N/A |
| (c) Name of offeror/offeree with which exempt fund manager is connected: | Tesco Plc |
| (d) Date dealing undertaken: | 3rd April 2017 |
| (e) In addition to the company in 1(b) above, is the exempt fund manager making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state “N/A” | Yes – Booker Group Plc |
2. POSITIONS OF THE EXEMPT FUND MANAGER
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the same offeror or offeree named in 1(b), 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
| Class of relevant security: | ||||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | 56,561,834 | 0.69 | ||
| (2) Cash-settled derivatives: | ||||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
| TOTAL: | 56,561,834 | 0.69 | ||
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 BY THE EXEMPT FUND MANAGER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), 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 |
| Common Stock GBP 0.05 | Sale | 202,890 | 1.850832 |
(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 exempt fund manager 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 exempt fund manager 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: | 4th April 2017 |
| Contact name: | IAN GARTSHORE |
| Telephone number: | 02075971825 |
Private disclosures under Rule 8 of the Code must be emailed to the Takeover Panel at [email protected]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
Related Shares:
Tesco