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Form 8.3 - Tesco Plc

27th Mar 2017 12:00

RNS Number : 6243A
Societe Generale SA
27 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

24/03/2017

(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: 11,512,209 Shares Interests and 40,463,780 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:

11,513,709

0.14

40,463,780

0.49

(2) Cash-settled derivatives:

 

28,364,040

0.35

9,950,276

0.12

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

2,250,000

0.03

9,071,000

0.11

 

TOTAL:

42,127,749

0.52

59,485,056

0.73

 

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

1,060

1.91

Ordinary

Purchase

6,880

1.9025

Ordinary

Purchase

2,351

1.91

Ordinary

Purchase

2,114

1.91

Ordinary

Purchase

1,360

1.8985

Ordinary

Purchase

2,147

1.89975

Ordinary

Purchase

1,579

1.899

Ordinary

Purchase

2,899

1.898

Ordinary

Purchase

600

1.898

Ordinary

Purchase

3,183

1.907

Ordinary

Purchase

1,438

1.8975

Ordinary

Purchase

1,500

1.8985

Ordinary

Purchase

2,000

1.8985

Ordinary

Purchase

1,575

1.8925

Ordinary

Purchase

629

1.8925

Ordinary

Purchase

1,361

1.8915

Ordinary

Purchase

2,276

1.907

Ordinary

Purchase

990

1.907

Ordinary

Purchase

2,500

1.899

Ordinary

Purchase

1,706

1.897

Ordinary

Purchase

2,500

1.8925

Ordinary

Purchase

792

1.8925

Ordinary

Purchase

4,500

1.8945

Ordinary

Purchase

1,021

1.8945

Ordinary

Purchase

55,004

1.91

Ordinary

Purchase

5,559

1.91

Ordinary

Purchase

1,750

1.8915

Ordinary

Purchase

1,100

1.907

Ordinary

Purchase

2,122

1.907

Ordinary

Purchase

3,240

1.9005

Ordinary

Purchase

1,439

1.9015

Ordinary

Purchase

2,873

1.903

Ordinary

Purchase

2,277

1.8975

Ordinary

Purchase

5,057

1.906

Ordinary

Purchase

5,117

1.9085

Ordinary

Purchase

4,967

1.907

Ordinary

Purchase

4,937

1.908

Ordinary

Purchase

5,094

1.908

Ordinary

Purchase

4,868

1.9075

Ordinary

Purchase

5,053

1.906

Ordinary

Purchase

5,082

1.9065

Ordinary

Purchase

3,336

1.906

Ordinary

Purchase

5,228

1.907

Ordinary

Purchase

5,187

1.9075

Ordinary

Purchase

5,098

1.9065

Ordinary

Purchase

1,806

1.906

Ordinary

Purchase

1,844

1.9085

Ordinary

Purchase

7,830

1.9085

Ordinary

Purchase

2,466

1.899

Ordinary

Purchase

1,648

1.899

Ordinary

Purchase

2,500

1.899

Ordinary

Purchase

7,099

1.908

Ordinary

Purchase

8,317

1.908

Ordinary

Purchase

2,109

1.8925

Ordinary

Purchase

2,759

1.8925

Ordinary

Purchase

2,940

1.8925

Ordinary

Purchase

2,500

1.899

Ordinary

Purchase

400,000

1.905158

Ordinary

Sale

2,278

1.9105

Ordinary

Sale

2,279

1.9085

Ordinary

Sale

2,278

1.909

Ordinary

Sale

2,278

1.909

Ordinary

Sale

103

1.912

Ordinary

Sale

197

1.91

Ordinary

Sale

2,279

1.908

Ordinary

Sale

2,279

1.9105

Ordinary

Sale

1,617

1.9095

Ordinary

Sale

2,279

1.91

Ordinary

Sale

107

1.9085

Ordinary

Sale

2,277

1.912

Ordinary

Sale

2,005

1.9085

Ordinary

Sale

2,278

1.912

Ordinary

Sale

1,071

1.909

Ordinary

Sale

2,282

1.9075

Ordinary

Sale

2,281

1.908

Ordinary

Sale

98

1.9120408

Ordinary

Sale

2,283

1.908

Ordinary

Sale

2,279

1.9085

Ordinary

Sale

2,279

1.9095

Ordinary

Sale

32

1.91

Ordinary

Sale

3,497

1.912

Ordinary

Sale

1,907

1.91

Ordinary

Sale

372

1.91

Ordinary

Sale

392

1.9075

Ordinary

Sale

3,275

1.9075

Ordinary

Sale

1,224

1.907

Ordinary

Sale

4

1.907

Ordinary

Sale

1,300

1.894

Ordinary

Sale

890

1.894

Ordinary

Sale

1,695

1.894

Ordinary

Sale

285

1.91

Ordinary

Sale

2,652

1.9085

Ordinary

Sale

2,000

1.9025

Ordinary

Sale

3,081

1.9025

Ordinary

Sale

8,674

1.9105

Ordinary

Sale

3,973

1.914

Ordinary

Sale

9

1.914

Ordinary

Sale

1,616

1.8985

Ordinary

Sale

1,672

1.8985

Ordinary

Sale

2,277

1.9045

Ordinary

Sale

2,198

1.904

Ordinary

Sale

1,688

1.904

Ordinary

Sale

344

1.908

Ordinary

Sale

1,452

1.908

Ordinary

Sale

2,500

1.9055

Ordinary

Sale

4,248

1.9075

Ordinary

Sale

2,500

1.914

Ordinary

Sale

3,687

1.8985

Ordinary

Sale

2,100

1.9025

Ordinary

Sale

1,592

1.9045

Ordinary

Sale

2,500

1.9045

Ordinary

Sale

23

1.905

Ordinary

Sale

15,996

1.91

Ordinary

Sale

93

1.91

Ordinary

Sale

1,366

1.91

Ordinary

Sale

685

1.91

Ordinary

Sale

913

1.91

Ordinary

Sale

1,143

1.91

Ordinary

Sale

685

1.91

Ordinary

Sale

579

1.91

Ordinary

Sale

686

1.91

Ordinary

Sale

685

1.91

Ordinary

Sale

685

1.91

Ordinary

Sale

1,439

1.91

Ordinary

Sale

9,510

1.91

Ordinary

Sale

1,957

1.91

Ordinary

Sale

9,455

1.91

Ordinary

Sale

11,411

1.91

Ordinary

Sale

11,412

1.91

Ordinary

Sale

11,411

1.91

Ordinary

Sale

1,750

1.908

Ordinary

Sale

2,358

1.906

Ordinary

Sale

3,000

1.9055

Ordinary

Sale

3,368

1.899

Ordinary

Sale

2,442

1.899

Ordinary

Sale

1,750

1.9025

Ordinary

Sale

4,682

1.914

Ordinary

Sale

1,640

1.9045

Ordinary

Sale

93

1.912043

Ordinary

Sale

2,335

1.9

Ordinary

Sale

1,518

1.905

Ordinary

Sale

754

1.905

Ordinary

Sale

2,266

1.91

Ordinary

Sale

2,286

1.8935

Ordinary

Sale

499

1.907

Ordinary

Sale

2,266

1.91

Ordinary

Sale

2,266

1.9105

Ordinary

Sale

6,790

1.907

Ordinary

Sale

2,270

1.9075

Ordinary

Sale

2,270

1.908

Ordinary

Sale

3,455

1.9085

Ordinary

Sale

1,889

1.9085

Ordinary

Sale

2,281

1.8975

Ordinary

Sale

970

1.8985

Ordinary

Sale

1,309

1.8985

Ordinary

Sale

2,144

1.8985

Ordinary

Sale

135

1.8985

Ordinary

Sale

1,978

1.899

Ordinary

Sale

2,277

1.8975

Ordinary

Sale

2,077

1.917

Ordinary

Sale

897

1.917

Ordinary

Sale

1,321

1.917

Ordinary

Sale

241

1.917

Ordinary

Sale

2,342

1.917

Ordinary

Sale

989

1.9175

Ordinary

Sale

10,427

1.9165

Ordinary

Sale

1,269

1.9175

Ordinary

Sale

250

1.9165

Ordinary

Sale

4,353

1.9165

Ordinary

Sale

2,512

1.9165

Ordinary

Sale

1,871

1.915

Ordinary

Sale

1,297

1.915

Ordinary

Sale

2,500

1.915

Ordinary

Sale

2,420

1.8925

Ordinary

Sale

2,286

1.8925

Ordinary

Sale

2,281

1.899

Ordinary

Sale

2,340

1.9

Ordinary

Sale

2,882

1.914

Ordinary

Sale

1,289

1.906

Ordinary

Sale

1,770

1.906

Ordinary

Sale

2,500

1.906

Ordinary

Sale

2,194

1.906

Ordinary

Sale

3,110

1.906

Ordinary

Sale

2,269

1.9085

Ordinary

Sale

3,381

1.9055

Ordinary

Sale

2,026

1.9085

Ordinary

Sale

490

1.9085

Ordinary

Sale

1,777

1.913

Ordinary

Sale

2,276

1.8975

Ordinary

Sale

485

1.913

Ordinary

Sale

4,523

1.9125

Ordinary

Sale

1,366

1.9125

Ordinary

Sale

1,569

1.9125

Ordinary

Sale

1,999

1.9125

Ordinary

Sale

2,500

1.9125

Ordinary

Sale

1,680

1.9125

Ordinary

Sale

2,286

1.8915

Ordinary

Sale

2,287

1.8925

Ordinary

Sale

2,282

1.895

Ordinary

Sale

2,285

1.8935

Ordinary

Sale

300

1.9

Ordinary

Sale

1,181

1.9

Ordinary

Sale

797

1.9

Ordinary

Sale

2,266

1.9105

Ordinary

Sale

2,338

1.9005

Ordinary

Sale

152

1.901

Ordinary

Sale

6,067

1.901

Ordinary

Sale

1,384

1.9105

Ordinary

Sale

882

1.9105

Ordinary

Sale

3,616

1.9

Ordinary

Sale

2,338

1.901

Ordinary

Sale

2,280

1.8985

Ordinary

Sale

2,280

1.895

Ordinary

Sale

1,418

1.894

Ordinary

Sale

2,262

1.9135

Ordinary

Sale

2,285

1.8925

Ordinary

Sale

2,928

1.892

Ordinary

Sale

5,906

1.91

Ordinary

Sale

2,456

1.91

Ordinary

Sale

2,500

1.9085

Ordinary

Sale

2,267

1.9085

Ordinary

Sale

2,268

1.9085

Ordinary

Sale

2,269

1.9085

Ordinary

Sale

2,320

1.915

Ordinary

Sale

1,328

1.9085

Ordinary

Sale

940

1.9085

Ordinary

Sale

5,176

1.9095

Ordinary

Sale

2,274

1.903

Ordinary

Sale

2,438

1.9095

Ordinary

Sale

3,742

1.9095

Ordinary

Sale

4,858

1.902

Ordinary

Sale

4,685

1.9025

Ordinary

Sale

733

1.913

Ordinary

Sale

1,767

1.9125

Ordinary

Sale

2,267

1.909

Ordinary

Sale

5,118

1.91

Ordinary

Sale

2,276

1.901

Ordinary

Sale

3,689

1.912

Ordinary

Sale

2,556

1.9095

Ordinary

Sale

2,339

1.9

Ordinary

Sale

763

1.901

Ordinary

Sale

2,268

1.9085

Ordinary

Sale

2,277

1.9

Ordinary

Sale

1,415

1.912

Ordinary

Sale

2,110

1.912

Ordinary

Sale

2,277

1.9005

Ordinary

Sale

2,279

1.8965

Ordinary

Sale

2,347

1.892

Ordinary

Sale

2,263

1.9125

Ordinary

Sale

1,669

1.894

Ordinary

Sale

1,164

1.908

Ordinary

Sale

2,103

1.908

Ordinary

Sale

1,913

1.908

Ordinary

Sale

3,573

1.8995

Ordinary

Sale

2,339

1.8975

Ordinary

Sale

1,369

1.8995

Ordinary

Sale

3,708

1.91

Ordinary

Sale

2,214

1.913

Ordinary

Sale

50

1.913

Ordinary

Sale

615

1.894

Ordinary

Sale

2,286

1.8915

Ordinary

Sale

2,266

1.9105

Ordinary

Sale

781

1.895

Ordinary

Sale

1,502

1.895

Ordinary

Sale

2,276

1.901

Ordinary

Sale

2,280

1.896

Ordinary

Sale

3,152

1.907

Ordinary

Sale

2,373

1.907

Ordinary

Sale

3,058

1.9065

Ordinary

Sale

3,689

1.9065

Ordinary

Sale

5,156

1.907

Ordinary

Sale

1,255

1.907

Ordinary

Sale

2,262

1.913

Ordinary

Sale

2,265

1.9105

Ordinary

Sale

2,279

1.8975

Ordinary

Sale

925

1.9125

Ordinary

Sale

2,466

1.899

Ordinary

Sale

2,035

1.915

Ordinary

Sale

180

1.8965

Ordinary

Sale

2,101

1.8965

Ordinary

Sale

2,261

1.915

Ordinary

Sale

500

1.901

Ordinary

Sale

1,777

1.901

Ordinary

Sale

2,277

1.901

Ordinary

Sale

2,327

1.91

Ordinary

Sale

1,404

1.8965

Ordinary

Sale

2,500

1.8965

Ordinary

Sale

4,355

1.891

Ordinary

Sale

2,269

1.9075

Ordinary

Sale

2,265

1.9115

Ordinary

Sale

3,396

1.91

Ordinary

Sale

2,268

1.9085

Ordinary

Sale

588

1.91

Ordinary

Sale

2,282

1.896

Ordinary

Sale

4,078

1.9135

Ordinary

Sale

2,286

1.893

Ordinary

Sale

2,278

1.9

Ordinary

Sale

2,263

1.914

Ordinary

Sale

441

1.896

Ordinary

Sale

679

1.896

Ordinary

Sale

441

1.896

Ordinary

Sale

719

1.896

Ordinary

Sale

375

1.9025

Ordinary

Sale

1,899

1.9025

Ordinary

Sale

2,321

1.915

Ordinary

Sale

2,295

1.904

Ordinary

Sale

2,339

1.897

Ordinary

Sale

1,834

1.9125

Ordinary

Sale

1,871

1.9125

Ordinary

Sale

2,500

1.8945

Ordinary

Sale

1,990

1.905

Ordinary

Sale

319

1.905

Ordinary

Sale

2,282

1.8955

Ordinary

Sale

24,656

1.9045

Ordinary

Sale

1,897

1.8975

Ordinary

Sale

2,270

1.9075

Ordinary

Sale

2,282

1.895

Ordinary

Sale

2,342

1.897

Ordinary

Sale

2,270

1.9085

Ordinary

Sale

2,273

1.905

Ordinary

Sale

1,947

1.9

Ordinary

Sale

389

1.9

Ordinary

Sale

2,273

1.905

Ordinary

Sale

2,272

1.9055

Ordinary

Sale

2,259

1.9165

Ordinary

Sale

654

1.917

Total Purchases

627,167

Total Sales

632,529

 

 

(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

Ordinary

CFD

Reducing a long position

400,000

1.905158

 

 (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:

27/03/2017

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

1,000

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

Purchase

500,000

1.900

American options

15/12/2017

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
 
 
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