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Form 8.3 - Tesco Plc

7th Mar 2017 10:37

RNS Number : 7419Y
Societe Generale SA
07 March 2017
 

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:

Société Générale S.A.

(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

Tesco 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

06/03/2017

(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: Booker 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:

 

Ordinary shares: 12,795,542 Shares Interests and 36,191,811 short position

ADR (referencing the ordinary): 1,500 equivalent Shares interests and 0 equivalent Shares as short position

Where (1 ADR = 3 ordinary shares)

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

12,797,042

0.16

36,191,811

0.44

(2) Cash-settled derivatives:

 

28,982,125

0.35

9,147,548

0.11

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

2,250,000

0.03

9,824,000

0.12

 

TOTAL:

44,029,167

0.54

55,163,359

0.67

 

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 security

Purchase/sale

 

Number of securities

Price per unit

GBP

Ordinary

Purchase

2,376

1.8885

Ordinary

Purchase

4,130

1.89125

Ordinary

Purchase

1,735

1.877

Ordinary

Purchase

3,734

1.89125

Ordinary

Purchase

2,603

1.89575

Ordinary

Purchase

6,900

1.891

Ordinary

Purchase

1,091

1.891

Ordinary

Purchase

2,934

1.893

Ordinary

Purchase

2,192

1.893

Ordinary

Purchase

26

1.8915

Ordinary

Purchase

3

1.8905

Ordinary

Purchase

37

1.89

Ordinary

Purchase

364

1.89

Ordinary

Purchase

29

1.8895

Ordinary

Purchase

148

1.89

Ordinary

Purchase

304

1.892

Ordinary

Purchase

549

1.8905

Ordinary

Purchase

1,736

1.88875

Ordinary

Purchase

21,509

1.903

Ordinary

Purchase

102

1.903

Ordinary

Purchase

548

1.8915

Ordinary

Purchase

324

1.8915

Ordinary

Purchase

200

1.8905

Ordinary

Purchase

182

1.8895

Ordinary

Purchase

215

1.8885

Ordinary

Purchase

238

1.8885

Ordinary

Purchase

1,284

1.891503115

Ordinary

Purchase

27

1.88962963

Ordinary

Purchase

1,058

1.8895

Ordinary

Purchase

1,257

1.903

Ordinary

Purchase

7

1.891

Ordinary

Purchase

4,879

1.89

Ordinary

Purchase

4,726

1.89

Ordinary

Purchase

5,812

1.89

Ordinary

Purchase

818

1.88

Ordinary

Purchase

102

1.883

Ordinary

Purchase

2,516

1.883

Ordinary

Purchase

2,724

1.88

Ordinary

Purchase

13,889

1.8915

Ordinary

Purchase

683

1.8775

Ordinary

Purchase

1,263

1.8775

Ordinary

Purchase

87

1.8775

Ordinary

Purchase

869

1.8775

Ordinary

Purchase

2,993

1.8785

Ordinary

Purchase

4,898

1.883

Ordinary

Purchase

224

1.89

Ordinary

Purchase

2,221

1.89

Ordinary

Purchase

12,438

1.8915

Ordinary

Purchase

24,946

1.8915

Ordinary

Purchase

54

1.8915

Ordinary

Purchase

1,218

1.8915

Ordinary

Purchase

4,368

1.8805

Ordinary

Purchase

4,367

1.881

Ordinary

Purchase

3,471

1.8915

Ordinary

Purchase

7,001

1.89

Ordinary

Sale

1,058

1.89

Ordinary

Sale

2,100

1.89

Ordinary

Sale

3,056

1.89

Ordinary

Sale

3,056

1.89

Ordinary

Sale

2,143

1.903

Ordinary

Sale

4,117

1.88

Ordinary

Sale

113

1.8955

Ordinary

Sale

101

1.893

Ordinary

Sale

2,192

1.8955

Ordinary

Sale

2,305

1.8965

Ordinary

Sale

1,074

1.9005

Ordinary

Sale

923

1.8935

Ordinary

Sale

2,308

1.8975

Ordinary

Sale

913

1.8935

Ordinary

Sale

2,297

1.897

Ordinary

Sale

2,200

1.8975

Ordinary

Sale

2,295

1.8955

Ordinary

Sale

1,741

1.8965

Ordinary

Sale

405

1.897

Ordinary

Sale

1,892

1.897

Ordinary

Sale

2,297

1.892

Ordinary

Sale

993

1.8975

Ordinary

Sale

1,305

1.8975

Ordinary

Sale

2,298

1.893

Ordinary

Sale

402

1.89875

Ordinary

Sale

1

1.899

Ordinary

Sale

722

1.899

Ordinary

Sale

1,576

1.899

Ordinary

Sale

2,296

1.8995

Ordinary

Sale

2,299

1.9

Ordinary

Sale

2,298

1.9005

Ordinary

Sale

2,299

1.9015

Ordinary

Sale

2,305

1.898

Ordinary

Sale

460

1.8935

Ordinary

Sale

2,298

1.9025

Ordinary

Sale

2,297

1.8955

Ordinary

Sale

2,304

1.896

Ordinary

Sale

95

1.8975

Ordinary

Sale

2,296

1.896

Ordinary

Sale

824

1.8965

Ordinary

Sale

1,472

1.8965

Ordinary

Sale

424

1.8955

Ordinary

Sale

1,875

1.8955

Ordinary

Sale

554

1.8965

Ordinary

Sale

2,942

1.89875

Ordinary

Sale

112

1.893

Ordinary

Sale

2,461

1.893

Ordinary

Sale

2,192

1.893

Ordinary

Sale

2,305

1.8955

Ordinary

Sale

54

1.891

Ordinary

Sale

4,695

1.903

Ordinary

Sale

102

1.903

Ordinary

Sale

3,187

1.903

Ordinary

Sale

5,563

1.903

Ordinary

Sale

6,676

1.903

Ordinary

Sale

3,758

1.903

Ordinary

Sale

5,564

1.903

Ordinary

Sale

2,313

1.903

Ordinary

Sale

503

1.903

Ordinary

Sale

3,490

1.903

Ordinary

Sale

6,677

1.903

Ordinary

Sale

6,677

1.903

Ordinary

Sale

5,564

1.903

Ordinary

Sale

858

1.903

Ordinary

Sale

82

1.8925

Ordinary

Sale

543

1.903

Ordinary

Sale

11

1.903

Ordinary

Sale

42

1.903

Ordinary

Sale

59

1.903

Ordinary

Sale

3,765

1.8985

Ordinary

Sale

1,535

1.8985

Ordinary

Sale

239

1.903

Ordinary

Sale

513

1.903

Ordinary

Sale

369

1.903

Ordinary

Sale

921

1.903

Ordinary

Sale

71,694

1.903

Ordinary

Sale

3,109

1.903

Ordinary

Sale

109

1.8955

Ordinary

Sale

1,440

1.8985

Ordinary

Sale

101

1.8985

Ordinary

Sale

1,692

1.8985

Ordinary

Sale

73

1.8985

Ordinary

Sale

661

1.903

Ordinary

Sale

10

1.903

Ordinary

Sale

683

1.903

Ordinary

Sale

683

1.903

Ordinary

Sale

336

1.903

Ordinary

Sale

84,688

1.903

Ordinary

Sale

7,625

1.903

Ordinary

Sale

644

1.903

Ordinary

Sale

165

1.903

Ordinary

Sale

10,596

1.903

Ordinary

Sale

1,276

1.902

Ordinary

Sale

2,755

1.901

Ordinary

Sale

2,500

1.8965

Ordinary

Sale

4,896

1.903

Ordinary

Sale

48,981

1.903

Ordinary

Sale

147

1.901

Ordinary

Sale

2,305

1.8955

Ordinary

Sale

2,211

1.899

Ordinary

Sale

92

1.899

Ordinary

Sale

4,535

1.899

Ordinary

Sale

1,021

1.893

Ordinary

Sale

2,304

1.898

Ordinary

Sale

900

1.893

Ordinary

Sale

1,596

1.8995

Ordinary

Sale

5,059

1.903

Ordinary

Sale

55,583

1.89

Ordinary

Sale

2,305

1.8955

Ordinary

Sale

2,301

1.892

Ordinary

Sale

117

1.896

Ordinary

Sale

2,295

1.8965

Ordinary

Sale

2,298

1.897

Ordinary

Sale

946

1.898

Ordinary

Sale

1,359

1.898

Ordinary

Sale

2,295

1.896

Ordinary

Sale

1,285

1.896

Ordinary

Sale

894

1.896

Ordinary

Sale

2,306

1.8955

Ordinary

Sale

106

1.893

Ordinary

Sale

1,447

1.8905

Ordinary

Sale

903

1.8905

Ordinary

Sale

850

1.903

Ordinary

Sale

2,541

1.903

Ordinary

Sale

337

1.89

Ordinary

Sale

1,291

1.89

Ordinary

Sale

2,289

1.8885

Ordinary

Sale

2,284

1.89

Ordinary

Sale

2,283

1.89

Ordinary

Sale

2,283

1.8905

Ordinary

Sale

1,294

1.8965

Ordinary

Sale

2,592

1.891

Ordinary

Sale

2,284

1.8935

Ordinary

Sale

50

1.888

Ordinary

Sale

3,131

1.888

Ordinary

Sale

2,282

1.8915

Ordinary

Sale

2,286

1.89

Ordinary

Sale

28

1.89

Ordinary

Sale

2,261

1.89

Ordinary

Sale

2,284

1.8935

Ordinary

Sale

2,287

1.892

Ordinary

Sale

2,288

1.8875

Ordinary

Sale

1,670

1.891

Ordinary

Sale

972

1.891

Ordinary

Sale

2,289

1.89

Ordinary

Sale

7,897

1.89

Ordinary

Sale

2,283

1.891

Ordinary

Sale

1,159

1.8925

Ordinary

Sale

2,286

1.892

Ordinary

Sale

4,078

1.89

Ordinary

Sale

1,370

1.89

Ordinary

Sale

515

1.89

Ordinary

Sale

1,044

1.8925

Ordinary

Sale

1,806

1.89

Ordinary

Sale

2,285

1.8905

Ordinary

Sale

480

1.89

Ordinary

Sale

2,287

1.889

Ordinary

Sale

2,285

1.8895

Ordinary

Sale

2,284

1.89

Ordinary

Sale

1,568

1.8965

Ordinary

Sale

1,255

1.888

Ordinary

Sale

2,290

1.8885

Ordinary

Sale

1,557

1.886

Ordinary

Sale

1,614

1.8855

Ordinary

Sale

1,850

1.89

Ordinary

Sale

1,561

1.89

Ordinary

Sale

670

1.89

Ordinary

Sale

604

1.89

Ordinary

Sale

1,584

1.89

Ordinary

Sale

1,035

1.888

Ordinary

Sale

456

1.889

Ordinary

Sale

94

1.889

Ordinary

Sale

2,284

1.891

Ordinary

Sale

17,720

1.88

Ordinary

Sale

2,284

1.891

Ordinary

Sale

204

1.891

Ordinary

Sale

572

1.891

Ordinary

Sale

2,515

1.891

Ordinary

Sale

2,289

1.8875

Ordinary

Sale

2,286

1.8895

Ordinary

Sale

2,285

1.8895

Ordinary

Sale

2,284

1.89

Ordinary

Sale

54

1.89

Ordinary

Sale

1,838

1.89

Ordinary

Sale

2,284

1.8915

Ordinary

Sale

1,825

1.89

Ordinary

Sale

932

1.89

Ordinary

Sale

5,051

1.89

Ordinary

Sale

702

1.89

Ordinary

Sale

1,582

1.89

Ordinary

Sale

234

1.891

Ordinary

Sale

186

1.89

Ordinary

Sale

3,755

1.903

Ordinary

Sale

5,468

1.903

Ordinary

Sale

4,025

1.9035

Ordinary

Sale

5,168

1.9035

Ordinary

Sale

1,350

1.9025

Ordinary

Sale

174

1.9025

Ordinary

Sale

2,284

1.89

Ordinary

Sale

2,286

1.8895

Ordinary

Sale

1,014

1.9025

Ordinary

Sale

2,281

1.896

Ordinary

Sale

392

1.89

Ordinary

Sale

2,349

1.892

Ordinary

Sale

2,286

1.892

Ordinary

Sale

2,412

1.8925

Ordinary

Sale

819

1.891

Ordinary

Sale

2,581

1.8895

Ordinary

Sale

173

1.8895

Ordinary

Sale

1,411

1.891

Ordinary

Sale

2,500

1.889

Ordinary

Sale

2,285

1.8895

Ordinary

Sale

986

1.8965

Ordinary

Sale

2,289

1.889

Ordinary

Sale

274

1.8895

Ordinary

Sale

854

1.8895

Ordinary

Sale

2,281

1.8965

Ordinary

Sale

2,284

1.891

Ordinary

Sale

149

1.8915

Ordinary

Sale

151

1.8915

Ordinary

Sale

150

1.8915

Ordinary

Sale

1,275

1.8915

Ordinary

Sale

161

1.8915

Ordinary

Sale

161

1.8915

Ordinary

Sale

148

1.8915

Ordinary

Sale

88

1.8915

Ordinary

Sale

214

1.89

Ordinary

Sale

1,868

1.89

Ordinary

Sale

788

1.8905

Ordinary

Sale

1,040

1.8905

Ordinary

Sale

457

1.8905

Ordinary

Sale

2,896

1.888

Ordinary

Sale

250

1.8895

Ordinary

Sale

2,037

1.8895

Ordinary

Sale

713

1.8965

Ordinary

Sale

1,512

1.89

Ordinary

Sale

497

1.89

Ordinary

Sale

2,287

1.8895

Ordinary

Sale

1,788

1.89

Ordinary

Sale

2,288

1.8895

Ordinary

Sale

2,287

1.891

Ordinary

Sale

2,128

1.887

Ordinary

Sale

2,288

1.89

Ordinary

Sale

1,514

1.891

Ordinary

Sale

2,288

1.8905

Ordinary

Sale

2,282

1.895

Ordinary

Sale

211

1.89

Ordinary

Sale

2,074

1.89

Ordinary

Sale

2,343

1.8955

Ordinary

Sale

2,288

1.8895

Ordinary

Sale

1,064

1.89

Ordinary

Sale

1,220

1.89

Ordinary

Sale

2,285

1.8895

Ordinary

Sale

658

1.89

Ordinary

Sale

2,286

1.8905

Total Purchases

164,409

Total Sales

729,257

 

 

(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 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 GBP

 

(ii) Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit GBP

 

 

 

(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) GBP

 

 

 

 

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"

 

 

 

 

(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"

 

 

 

 

(c) Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

YES

 

 

Date of disclosure:

07/03/2017

Contact name:

Olivier Vero

Telephone number:

+44 20 7676 6821 / 6969

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

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:

SOCIETE GENERALE SA

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Tesco Plc

 

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

EUR

Type

e.g. American, European etc.

Expiry date

Ordinary Shares

Listed Call Option

Sale

1,000

2.200

American options

19/01/2018

Ordinary Shares

Listed Call Option

Sale

5,000,000

2.600

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

3,000,000

1.200

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

1,253,000

1.600

American options

17/03/2017

Ordinary Shares

Listed Put Option

Purchase

1,000

1.600

American options

19/01/2018

Ordinary Shares

Listed Put Option

Purchase

35,000

1.700

American options

16/06/2017

Ordinary Shares

Listed Put Option

Purchase

14,000

1.800

American options

16/06/2017

Ordinary Shares

Listed Put Option

Purchase

15,000

1.950

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

500,000

2.400

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

5,000

1.400

American options

16/03/2018

Ordinary Shares

Listed Put Option

Sale

2,250,000

1

American options

18/09/2020

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RETEAEDXEDDXEFF

Related Shares:

Tesco
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Change4.37