TIDMSBRY 
 
 

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                      J SAINSBURY PLC 
in relation to whose 
relevant securities  this form relates: 
Use a separate form for each offeror/offeree 
(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:       21 July 2016 
For an opening position disclosure, 
state the latest 
practicable  date prior to the disclosure 
(f) In addition to the company in                YES 
1(c) above, is the discloser                     HOME RETAIL GROUP PLC 
making disclosures in respect of 
any other party to the offer? 
If it is a cash offer or possible 
cash offer, state "N/A" 
 
 

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:         11,500,299                     0.60%  12,418,528       0.64% 
(2)                           Cash-settled derivatives: 
                                                         11,258,687                     0.58%  3,437,150        0.18% 
(3)                           Stock-settled derivatives 
                              (including options) 
                              and agreements to          1,000,000                      0.05%  0                0.00% 
                              purchase/DEALING: 
(4) 
                              TOTAL:                     23,758,986                     1.23%  15,855,678       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          0                              0.00%  0                0.00% 
                              purchase/DEALING: 
(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:         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          0                              0.00%  0                0.00% 
                              purchase/DEALING: 
(4) 
                              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/DEALING  Number of   Price per unit 
security                           securities 
ORD                 Purchase       3           2.2860 GBP 
ORD                 Purchase       303         2.2845 GBP 
ORD                 Purchase       580         2.2780 GBP 
ORD                 Purchase       800         2.2830 GBP 
ORD                 Purchase       800         2.2770 GBP 
ORD                 Purchase       1,320       2.2820 GBP 
ADR                 Purchase       1,530       12.0500 USD 
ORD                 Purchase       1,720       2.2813 GBP 
ORD                 Purchase       1,998       2.2827 GBP 
ORD                 Purchase       2,425       2.2786 GBP 
ORD                 Purchase       2,495       2.2734 GBP 
ORD                 Purchase       3,929       2.2764 GBP 
ORD                 Purchase       4,323       2.2794 GBP 
ORD                 Purchase       5,747       2.2829 GBP 
ORD                 Purchase       5,954       2.2776 GBP 
ORD                 Purchase       9,085       2.2968 GBP 
ORD                 Purchase       11,254      2.2817 GBP 
ORD                 Purchase       13,873      2.3011 GBP 
ORD                 Purchase       15,237      2.2831 GBP 
ORD                 Purchase       20,768      2.2875 GBP 
ORD                 Purchase       22,828      2.2801 GBP 
ORD                 Purchase       23,205      2.2840 GBP 
ORD                 Purchase       30,134      2.2818 GBP 
ORD                 Purchase       30,945      2.2806 GBP 
ORD                 Purchase       35,563      2.2863 GBP 
ADR                 Purchase       64,240      12.1071 USD 
ORD                 Purchase       69,979      2.2800 GBP 
ORD                 Sale           5           2.2880 GBP 
ORD                 Sale           520         2.2820 GBP 
ORD                 Sale           580         2.2780 GBP 
ORD                 Sale           740         2.2860 GBP 
ORD                 Sale           920         2.2732 GBP 
ADR                 Sale           1,530       12.0500 USD 
ORD                 Sale           1,632       2.2794 GBP 
ORD                 Sale           2,000       2.2770 GBP 
ORD                 Sale           2,164       2.2830 GBP 
ORD                 Sale           5,154       2.2904 GBP 
ORD                 Sale           5,712       2.2804 GBP 
ORD                 Sale           6,665       2.2803 GBP 
ORD                 Sale           7,881       2.2814 GBP 
ORD                 Sale           9,085       2.3008 GBP 
ORD                 Sale           10,394      2.2819 GBP 
ORD                 Sale           10,712      2.2817 GBP 
ORD                 Sale           11,254      2.2795 GBP 
ORD                 Sale           17,200      2.2789 GBP 
ORD                 Sale           19,591      2.2800 GBP 
ORD                 Sale           23,788      2.2851 GBP 
ORD                 Sale           35,074      2.2787 GBP 
ORD                 Sale           48,101      2.2799 GBP 
ADR                 Sale           64,240      12.1071 USD 
 
 

(b) Cash-settled derivative transactions

 
Class of   Product      Nature of dealing  Number of   Price per 
relevant   description                     reference   unit 
security                                   securities 
ORD        CFD          Long               5,712       2.2804 GBP 
ORD        CFD          Long               6,780       2.2922 GBP 
ORD        CFD          Long               9,085       2.3008 GBP 
ORD        CFD          Long               11,254      2.2795 GBP 
ORD        SWAP         Long               12,230      2.2895 GBP 
ORD        CFD          Long               16,407      2.2794 GBP 
ORD        CFD          Long               19,231      2.2809 GBP 
ORD        CFD          Long               54,755      2.2787 GBP 
ORD        SWAP         Short              303         2.2845 GBP 
ORD        SWAP         Short              500         2.2860 GBP 
ORD        CFD          Short              2,425       2.2786 GBP 
ORD        CFD          Short              3,933       2.2806 GBP 
ORD        CFD          Short              9,085       2.2968 GBP 
ORD        CFD          Short              11,254      2.2817 GBP 
ORD        SWAP         Short              11,425      2.2763 GBP 
ORD        CFD          Short              13,873      2.3011 GBP 
ORD        SWAP         Short              23,139      2.2833 GBP 
ORD        CFD          Short              24,492      2.2801 GBP 
ORD        SWAP         Short              30,134      2.2818 GBP 
ORD        CFD          Short              34,846      2.2911 GBP 
ORD        CFD          Short              43,095      2.2800 GBP 
ORD        SWAP         Short              53,889      2.2820 GBP 
 
 

(c) Stock-settled derivative transactions (including options)

 

(i) Writing, selling, purchasing or varying

 
Class of   Product      Writing,     Number      Exercise  Type       Expiry date  Option 
relevant   description  purchasing,  of          price     e.g.                    money 
security   e.g.         selling,     securities  per unit  American,               paid/ 
           call         varying      to                    European                received 
           option       etc.         which                 etc.                    per 
                                     option                                        unit 
                                     relates 
 
 

(ii) Exercise

 
Class of relevant   Product      Exercising/  Number         Exercise price 
security            description  exercised    of securities  per unit 
                    e.g. call    against 
                    option 
 
 

(d) Other dealings (including subscribing for new securities)

 
Class of relevant   Nature of dealing   Details  Price per unit (if 
security            e.g. subscription,           applicable) 
                    conversion 
 
 

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:  22 July 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  J SAINSBURY PLC 
securities the  disclosure 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          Written      1,000,000   260.0000  American  15 Dec 2017 
           Options 
 
 
 

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/DEALING/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

July 22, 2016 10:00 ET (14:00 GMT)

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