Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Form 8.3 - Tesco Plc

11th May 2017 09:41

RNS Number : 8506E
Societe Generale SA
11 May 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

10/05/2017

(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: 14,452,284 Shares Interests and 44,668,271 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:

14,453,784

0.18

44,668,271

0.55

(2) Cash-settled derivatives:

 

38,664,622

0.47

5,991,271

0.07

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

2,250,000

0.03

9,101,000

0.11

 

TOTAL:

55,368,406

0.68

59,760,542

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

1,217

1.8350041

Ordinary

Purchase

38

1.8326316

Ordinary

Purchase

349

1.819

Ordinary

Purchase

190

1.819

Ordinary

Purchase

2,371

1.819

Ordinary

Purchase

36

1.8325

Ordinary

Purchase

960

1.802

Ordinary

Purchase

2,293

1.834

Ordinary

Purchase

2,291

1.835

Ordinary

Purchase

1,076

1.839

Ordinary

Purchase

977

1.834

Ordinary

Purchase

1,207

1.839

Ordinary

Purchase

783

1.838

Ordinary

Purchase

509

1.838

Ordinary

Purchase

400

1.798

Ordinary

Purchase

1,323

1.838

Ordinary

Purchase

618

1.8335

Ordinary

Purchase

2,890

1.8335

Ordinary

Purchase

445

1.8375

Ordinary

Purchase

2,298

1.8375

Ordinary

Purchase

2,282

1.839

Ordinary

Purchase

2,292

1.835

Ordinary

Purchase

228

1.84

Ordinary

Purchase

1,777

1.84

Ordinary

Purchase

277

1.84

Ordinary

Purchase

2,291

1.835

Ordinary

Purchase

1,315

1.834

Ordinary

Purchase

2,291

1.835

Ordinary

Purchase

600

1.835

Ordinary

Purchase

911

1.8385

Ordinary

Purchase

1,148

1.839

Ordinary

Purchase

1,198

1.839

Ordinary

Purchase

2,291

1.834

Ordinary

Purchase

2,281

1.8405

Ordinary

Purchase

2,292

1.834

Ordinary

Purchase

2,354

1.8335

Ordinary

Purchase

2,292

1.834

Ordinary

Purchase

2,291

1.833

Ordinary

Purchase

7,304

1.833

Ordinary

Purchase

2,280

1.8415

Ordinary

Purchase

2,290

1.835

Ordinary

Purchase

2,287

1.8355

Ordinary

Purchase

2,350

1.835

Ordinary

Purchase

2,290

1.8355

Ordinary

Purchase

2,280

1.8415

Ordinary

Purchase

4,339

1.8335

Ordinary

Purchase

33,306

1.8335

Ordinary

Purchase

1,558

1.8335

Ordinary

Purchase

2,288

1.8365

Ordinary

Purchase

2,287

1.836

Ordinary

Purchase

2,293

1.833

Ordinary

Purchase

2,293

1.833

Ordinary

Purchase

2,281

1.8405

Ordinary

Purchase

1,373

1.833

Ordinary

Purchase

920

1.833

Ordinary

Purchase

2,288

1.8365

Ordinary

Purchase

2,287

1.8365

Ordinary

Purchase

2,287

1.8355

Ordinary

Purchase

1,060

1.8365

Ordinary

Purchase

2,286

1.8375

Ordinary

Purchase

114

1.838

Ordinary

Purchase

2,285

1.839

Ordinary

Purchase

2,291

1.8355

Ordinary

Purchase

725

1.835

Ordinary

Purchase

966

1.835

Ordinary

Purchase

2,172

1.838

Ordinary

Purchase

2,291

1.834

Ordinary

Purchase

960

1.802

Ordinary

Purchase

2,286

1.838

Ordinary

Purchase

1,690

1.802

Ordinary

Purchase

2,286

1.8375

Ordinary

Purchase

2,286

1.8385

Ordinary

Purchase

689

1.8365

Ordinary

Purchase

2,346

1.838

Ordinary

Purchase

9,724

1.8155

Ordinary

Purchase

2,285

1.8375

Ordinary

Purchase

1,597

1.8365

Ordinary

Purchase

2,286

1.8365

Ordinary

Purchase

2,291

1.835

Ordinary

Purchase

2,292

1.834

Ordinary

Purchase

1,936

1.833

Ordinary

Purchase

357

1.833

Ordinary

Purchase

2,293

1.833

Ordinary

Purchase

2,293

1.833

Ordinary

Purchase

2,289

1.835

Ordinary

Purchase

692

1.8375

Ordinary

Purchase

1,946

1.8375

Ordinary

Purchase

2,364

1.838

Ordinary

Purchase

2,292

1.834

Ordinary

Purchase

1,636

1.8335

Ordinary

Purchase

850

1.8335

Ordinary

Purchase

2,346

1.838

Ordinary

Purchase

2,285

1.8375

Ordinary

Purchase

2,151

1.834

Ordinary

Purchase

960

1.802

Ordinary

Purchase

1,737

1.802

Ordinary

Purchase

960

1.802

Ordinary

Purchase

960

1.802

Ordinary

Purchase

2,284

1.839

Ordinary

Purchase

141

1.834

Ordinary

Purchase

1,857

1.8335

Ordinary

Purchase

70

1.8385

Ordinary

Purchase

40

1.832

Ordinary

Purchase

189

1.8335

Ordinary

Purchase

35,238

1.8335

Ordinary

Purchase

51,243

1.8335

Ordinary

Purchase

17,582

1.8335

Ordinary

Purchase

1,408

1.8335

Ordinary

Purchase

2,082

1.833

Ordinary

Purchase

2,656

1.833

Ordinary

Purchase

2,137

1.833

Ordinary

Purchase

695

1.832

Ordinary

Purchase

224

1.837

Ordinary

Purchase

182

1.839

Ordinary

Purchase

10,823

1.805748

Ordinary

Sale

1,189

1.8389992

Ordinary

Sale

33,306

1.8335

Ordinary

Sale

13,746

1.8335

Ordinary

Sale

47,761

1.8335

Ordinary

Sale

4,638

1.8335

Ordinary

Sale

21,094

1.8335

Ordinary

Sale

47,761

1.8335

Ordinary

Sale

39,800

1.8335

Ordinary

Sale

39,801

1.8335

Ordinary

Sale

47,761

1.8335

Ordinary

Sale

15,722

1.8335

Ordinary

Sale

41,439

1.8335

Ordinary

Sale

26,667

1.8335

Ordinary

Sale

1,857

1.8335

Ordinary

Sale

759

1.8335

Ordinary

Sale

9,573

1.8335

Ordinary

Sale

652

1.8165

Ordinary

Sale

1,650

1.8235

Ordinary

Sale

832

1.8235

Ordinary

Sale

9,920

1.8235

Ordinary

Sale

111

1.838

Ordinary

Sale

2,324

1.8365

Ordinary

Sale

113

1.8405

Ordinary

Sale

404

1.837

Ordinary

Sale

1,820

1.837

Ordinary

Sale

2,323

1.836

Ordinary

Sale

2,324

1.8365

Ordinary

Sale

2,331

1.8355

Ordinary

Sale

2,572

1.8385

Ordinary

Sale

1,867

1.8415

Ordinary

Sale

1,591

1.8405

Ordinary

Sale

1,000

1.8405

Ordinary

Sale

2,000

1.8405

Ordinary

Sale

1,240

1.8405

Ordinary

Sale

1,399

1.8385

Ordinary

Sale

4,085

1.83825

Ordinary

Sale

10

1.8165

Ordinary

Sale

29

1.8175

Ordinary

Sale

107

1.8405

Ordinary

Sale

105

1.838

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

98

1.805

Ordinary

Sale

532

1.805

Ordinary

Sale

1,066

1.805

Ordinary

Sale

202

1.805

Ordinary

Sale

4,500

1.805

Ordinary

Sale

21

1.816

Ordinary

Sale

2,347

1.8175

Ordinary

Sale

2,312

1.815

Ordinary

Sale

589

1.805

Ordinary

Sale

2,310

1.816

Ordinary

Sale

2,377

1.8155

Ordinary

Sale

1,050

1.8045

Ordinary

Sale

3,329

1.8105

Ordinary

Sale

2,312

1.8165

Ordinary

Sale

590

1.8045

Ordinary

Sale

2,304

1.8215

Ordinary

Sale

602

1.8175

Ordinary

Sale

1,708

1.8175

Ordinary

Sale

5,133

1.8395

Ordinary

Sale

2,164

1.8175

Ordinary

Sale

144

1.8175

Ordinary

Sale

1,542

1.832

Ordinary

Sale

616

1.8175

Ordinary

Sale

1,692

1.8175

Ordinary

Sale

4,979

1.8395

Ordinary

Sale

5,070

1.8395

Ordinary

Sale

2,311

1.816

Ordinary

Sale

152

1.8175

Ordinary

Sale

717

1.805

Ordinary

Sale

682

1.816

Ordinary

Sale

1,608

1.816

Ordinary

Sale

5,265

1.84

Ordinary

Sale

5,069

1.8395

Ordinary

Sale

280

1.841

Ordinary

Sale

333

1.815

Ordinary

Sale

5,078

1.8415

Ordinary

Sale

2,170

1.842

Ordinary

Sale

2,954

1.842

Ordinary

Sale

1,978

1.815

Ordinary

Sale

2,310

1.8175

Ordinary

Sale

1,004

1.818

Ordinary

Sale

1,306

1.818

Ordinary

Sale

5,241

1.817

Ordinary

Sale

563

1.817

Ordinary

Sale

2,560

1.837

Ordinary

Sale

1,753

1.837

Ordinary

Sale

208

1.8175

Ordinary

Sale

2,100

1.8175

Ordinary

Sale

1,378

1.822

Ordinary

Sale

990

1.822

Ordinary

Sale

1,351

1.8225

Ordinary

Sale

952

1.8225

Ordinary

Sale

2,720

1.821

Ordinary

Sale

5,241

1.821

Ordinary

Sale

1,003

1.821

Ordinary

Sale

4,957

1.821

Ordinary

Sale

2,526

1.8415

Ordinary

Sale

2,700

1.8415

Ordinary

Sale

2,158

1.8175

Ordinary

Sale

2,306

1.82

Ordinary

Sale

1,708

1.816

Ordinary

Sale

604

1.816

Ordinary

Sale

2,308

1.818

Ordinary

Sale

935

1.816

Ordinary

Sale

443

1.816

Ordinary

Sale

5,614

1.838

Ordinary

Sale

935

1.816

Ordinary

Sale

1,089

1.8185

Ordinary

Sale

460

1.804

Ordinary

Sale

1,640

1.8045

Ordinary

Sale

4,622

1.8395

Ordinary

Sale

5,241

1.8205

Ordinary

Sale

2,304

1.8215

Ordinary

Sale

221

1.8165

Ordinary

Sale

2,969

1.8195

Ordinary

Sale

2,176

1.8195

Ordinary

Sale

2,089

1.8165

Ordinary

Sale

1,050

1.8035

Ordinary

Sale

590

1.8035

Ordinary

Sale

1,180

1.804

Ordinary

Sale

230

1.805

Ordinary

Sale

2,311

1.816

Ordinary

Sale

5,500

1.832

Ordinary

Sale

398

1.816

Ordinary

Sale

1,913

1.816

Ordinary

Sale

2,500

1.8135

Ordinary

Sale

527

1.8215

Ordinary

Sale

2,884

1.8215

Ordinary

Sale

904

1.8175

Ordinary

Sale

818

1.8175

Ordinary

Sale

587

1.8175

Ordinary

Sale

2,302

1.8235

Ordinary

Sale

981

1.8165

Ordinary

Sale

981

1.8165

Ordinary

Sale

64

1.82

Ordinary

Sale

2,244

1.82

Ordinary

Sale

2,308

1.8165

Ordinary

Sale

340

1.8165

Ordinary

Sale

3,199

1.802

Ordinary

Sale

962

1.802

Ordinary

Sale

2,237

1.802

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

2,331

1.8375

Ordinary

Sale

2,331

1.837

Ordinary

Sale

1,326

1.838

Ordinary

Sale

1,005

1.838

Ordinary

Sale

117

1.838

Ordinary

Sale

908

1.8365

Ordinary

Sale

451

1.8365

Ordinary

Sale

1,873

1.8365

Ordinary

Sale

119

1.8405

Ordinary

Sale

1,263

1.8415

Ordinary

Sale

2,324

1.8355

Ordinary

Sale

1,260

1.841

Ordinary

Sale

995

1.841

Ordinary

Sale

403

1.841

Ordinary

Sale

900

1.841

Ordinary

Sale

72

1.841

Ordinary

Sale

2,328

1.836

Ordinary

Sale

63

1.8355

Ordinary

Sale

2,261

1.8355

Ordinary

Sale

2,323

1.84

Ordinary

Sale

2,323

1.838

Ordinary

Sale

2,325

1.837

Ordinary

Sale

2,015

1.836

Ordinary

Sale

313

1.836

Ordinary

Sale

1,219

1.8365

Ordinary

Sale

1,106

1.8365

Ordinary

Sale

2,332

1.837

Ordinary

Sale

2,332

1.8375

Ordinary

Sale

2,324

1.8355

Ordinary

Sale

1,420

1.8375

Ordinary

Sale

42

1.842

Ordinary

Sale

64

1.841

Ordinary

Sale

1,737

1.802

Ordinary

Sale

1,462

1.802

Ordinary

Sale

15,995

1.8335

Ordinary

Sale

26

1.8375

Ordinary

Sale

4,673

1.8335

Ordinary

Sale

43

1.8225

Ordinary

Sale

2,315

1.8415

Ordinary

Sale

2,500

1.8395

Ordinary

Sale

2,500

1.8395

Ordinary

Sale

1,031

1.8355

Ordinary

Sale

1,300

1.8355

Ordinary

Sale

2,817

1.836

Ordinary

Sale

511

1.836

Ordinary

Sale

1,820

1.836

Ordinary

Sale

2,013

1.838

Ordinary

Sale

783

1.838

Ordinary

Sale

2,500

1.838

Ordinary

Sale

34,686

1.8335

Ordinary

Sale

6,160

1.8335

Ordinary

Sale

107,072

1.8335

Ordinary

Sale

2,051

1.8405

Ordinary

Sale

14,704

1.8335

Ordinary

Sale

65

1.8335

Ordinary

Sale

65

1.8335

Ordinary

Sale

49,912

1.8335

Ordinary

Sale

1,684

1.841

Ordinary

Sale

2,302

1.8375

Ordinary

Sale

2,330

1.836

Ordinary

Sale

126

1.8375

Ordinary

Sale

2,205

1.8375

Ordinary

Sale

800

1.835

Ordinary

Sale

1,315

1.8375

Ordinary

Sale

2,439

1.8375

Ordinary

Sale

404

1.837

Ordinary

Sale

368

1.838

Ordinary

Sale

689

1.8365

Ordinary

Sale

715

1.837

Ordinary

Sale

2,326

1.835

Ordinary

Sale

2,327

1.8355

Ordinary

Sale

2,736

1.835

Ordinary

Sale

2,327

1.836

Ordinary

Sale

13,079

1.8335

Ordinary

Sale

1,870

1.8335

Ordinary

Sale

2,494

1.8335

Ordinary

Sale

1,558

1.8335

Ordinary

Sale

1,559

1.8335

Ordinary

Sale

1,247

1.8335

Ordinary

Sale

1,247

1.8335

Ordinary

Sale

2,265

1.8335

Ordinary

Sale

2,183

1.8335

Ordinary

Sale

1,870

1.8335

Ordinary

Sale

2,182

1.8335

Ordinary

Sale

1,559

1.8335

Ordinary

Sale

1,247

1.8335

Ordinary

Sale

935

1.8335

Ordinary

Sale

624

1.8335

Ordinary

Sale

10,823

1.835

Total Purchases

339,969

Total Sales

1,098,578

 

(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:

11/05/2017

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

30,000

1.600

American options

15/06/2018

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
 
 
RETEAPSFFDNXEEF

Related Shares:

Tesco
FTSE 100 Latest
Value8,684.56
Change50.81