Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Form 8.3 - TESCO PLC

29th Mar 2017 13:34

RNS Number : 9122A

Societe Generale SA

29 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	28/03/2017
(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: 12,024,047 Shares Interests and 36,510,232 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:	12,025,547	0.15	36,510,232	0.45
(2) Cash-settled derivatives:	28,364,040	0.35	9,950,055	0.12
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	2,250,000	0.03	9,071,000	0.11
TOTAL:	42,639,587	0.52	55,531,287	0.68

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	15	1.9085
Ordinary	Purchase	1,724	1.8845
Ordinary	Purchase	1,025	1.8845
Ordinary	Purchase	2,634	1.897
Ordinary	Purchase	1,129	1.885
Ordinary	Purchase	1,377	1.885
Ordinary	Purchase	1,170	1.885
Ordinary	Purchase	1,377	1.8845
Ordinary	Purchase	1,713	1.905
Ordinary	Purchase	274	1.892
Ordinary	Purchase	2,833	1.8915
Ordinary	Purchase	2,273	1.9015
Ordinary	Purchase	11,645	1.893
Ordinary	Purchase	412	1.9025
Ordinary	Purchase	2,266	1.9075
Ordinary	Purchase	2,720	1.89
Ordinary	Purchase	2,274	1.899
Ordinary	Purchase	510	1.9025
Ordinary	Purchase	1,350	1.9025
Ordinary	Purchase	2,455	1.892
Ordinary	Purchase	124	1.898
Ordinary	Purchase	1,984	1.8965
Ordinary	Purchase	15,463	1.897
Ordinary	Purchase	1,059	1.8885
Ordinary	Purchase	4,830	1.901
Ordinary	Purchase	6,855	1.9
Ordinary	Purchase	15,692	1.897
Ordinary	Purchase	15,692	1.897
Ordinary	Purchase	9,667	1.897
Ordinary	Purchase	611	1.8915
Ordinary	Purchase	212	1.9025
Ordinary	Purchase	220	1.9025
Ordinary	Purchase	587	1.9025
Ordinary	Purchase	561	1.9025
Ordinary	Purchase	36	1.9025
Ordinary	Purchase	656	1.9025
Ordinary	Purchase	2,270	1.904
Ordinary	Purchase	2,273	1.9005
Ordinary	Purchase	2,814	1.892
Ordinary	Purchase	287	1.8895
Ordinary	Purchase	2,407	1.8895
Ordinary	Purchase	2,503	1.8905
Ordinary	Purchase	1,171	1.905
Ordinary	Purchase	1,097	1.905
Ordinary	Purchase	2,274	1.9
Ordinary	Purchase	1,841	1.9
Ordinary	Purchase	2,703	1.8965
Ordinary	Purchase	2,700	1.8955
Ordinary	Purchase	4,601	1.901
Ordinary	Purchase	2,276	1.899
Ordinary	Purchase	289	1.899
Ordinary	Purchase	170	1.899
Ordinary	Purchase	1,400	1.899
Ordinary	Purchase	417	1.899
Ordinary	Purchase	3,040	1.8865
Ordinary	Purchase	4,060	1.8855
Ordinary	Purchase	3,002	1.8855
Ordinary	Purchase	4,060	1.8845
Ordinary	Purchase	1,815	1.9085
Ordinary	Purchase	434	1.9085
Ordinary	Purchase	2,263	1.909
Ordinary	Purchase	3,137	1.886
Ordinary	Purchase	4,075	1.8865
Ordinary	Purchase	4,060	1.885
Ordinary	Purchase	4,060	1.886
Ordinary	Purchase	554	1.9
Ordinary	Purchase	2,275	1.9005
Ordinary	Purchase	2,500	1.8845
Ordinary	Purchase	1,460	1.885
Ordinary	Purchase	2,006	1.885
Ordinary	Purchase	2,578	1.8845
Ordinary	Purchase	244	1.8845
Ordinary	Purchase	2,275	1.9005
Ordinary	Purchase	2,269	1.904
Ordinary	Purchase	2,926	1.893
Ordinary	Purchase	2,269	1.9035
Ordinary	Purchase	3,246	1.898
Ordinary	Purchase	751	1.8865
Ordinary	Purchase	10,840	1.893
Ordinary	Purchase	1,808	1.904
Ordinary	Purchase	2,275	1.9005
Ordinary	Purchase	710	1.895
Ordinary	Purchase	5,863	1.895
Ordinary	Purchase	771	1.905
Ordinary	Purchase	8,780	1.897
Ordinary	Purchase	1,108	1.8965
Ordinary	Purchase	1,507	1.912
Ordinary	Purchase	2,269	1.9055
Ordinary	Purchase	658	1.9055
Ordinary	Purchase	1,610	1.9055
Ordinary	Purchase	1,504	1.9055
Ordinary	Purchase	764	1.9055
Ordinary	Purchase	1,497	1.905
Ordinary	Purchase	2,273	1.9
Ordinary	Purchase	556	1.905
Ordinary	Purchase	2,274	1.9015
Ordinary	Purchase	786	1.8915
Ordinary	Purchase	5,242	1.8925
Ordinary	Purchase	850	1.912
Ordinary	Purchase	347	1.912
Ordinary	Purchase	43,403	1.912
Ordinary	Purchase	11,854	1.912
Ordinary	Purchase	257	1.912
Ordinary	Purchase	10,668	1.9
Ordinary	Purchase	2,435	1.912
Ordinary	Purchase	615	1.8845
Ordinary	Purchase	1,135	1.8845
Ordinary	Purchase	2,935	1.8925
Ordinary	Purchase	2,500	1.885
Ordinary	Purchase	1,505	1.8845
Ordinary	Purchase	23,496	1.8896
Ordinary	Purchase	3,500,000	1.9
Ordinary	Purchase	82,740	1.897
Ordinary	Purchase	304,418	1.897
Ordinary	Sale	1,497	1.906499666
Ordinary	Sale	9,489	1.912
Ordinary	Sale	11,388	1.912
Ordinary	Sale	11,387	1.912
Ordinary	Sale	11,387	1.912
Ordinary	Sale	3,480	1.912
Ordinary	Sale	284	1.896
Ordinary	Sale	1,101	1.909
Ordinary	Sale	1,342	1.909
Ordinary	Sale	1,059	1.889
Ordinary	Sale	1,296	1.911
Ordinary	Sale	3,911	1.896
Ordinary	Sale	1,033	1.896
Ordinary	Sale	3,000	1.8915
Ordinary	Sale	50	1.8915
Ordinary	Sale	394	1.8915
Ordinary	Sale	254	1.889
Ordinary	Sale	3,000	1.889
Ordinary	Sale	990	1.889
Ordinary	Sale	3,000	1.888
Ordinary	Sale	3,156	1.888
Ordinary	Sale	346	1.888
Ordinary	Sale	2,000	1.914
Ordinary	Sale	686	1.912
Ordinary	Sale	915	1.912
Ordinary	Sale	686	1.912
Ordinary	Sale	686	1.912
Ordinary	Sale	1,081	1.912
Ordinary	Sale	686	1.912
Ordinary	Sale	4,291	1.907
Ordinary	Sale	196	1.907
Ordinary	Sale	1,756	1.909
Ordinary	Sale	1,533	1.909
Ordinary	Sale	1,368	1.909
Ordinary	Sale	2,271	1.9085
Ordinary	Sale	4,292	1.913
Ordinary	Sale	4,112	1.9125
Ordinary	Sale	4,067	1.913
Ordinary	Sale	1,463	1.8995
Ordinary	Sale	2,682	1.8995
Ordinary	Sale	1,782	1.8995
Ordinary	Sale	2,385	1.899
Ordinary	Sale	1,015	1.909
Ordinary	Sale	1,255	1.909
Ordinary	Sale	146	1.908
Ordinary	Sale	4,335	1.908
Ordinary	Sale	2,809	1.91
Ordinary	Sale	780	1.908
Ordinary	Sale	3,249	1.908
Ordinary	Sale	1,903	1.908
Ordinary	Sale	2,083	1.908
Ordinary	Sale	4,265	1.91
Ordinary	Sale	12,870	1.91
Ordinary	Sale	5,000	1.9
Ordinary	Sale	5,000	1.9
Ordinary	Sale	302	1.911
Ordinary	Sale	1,969	1.911
Ordinary	Sale	4,227	1.905
Ordinary	Sale	1,821	1.9045
Ordinary	Sale	2,371	1.9045
Ordinary	Sale	1,612	1.9055
Ordinary	Sale	11,040	1.912
Ordinary	Sale	2,271	1.911
Ordinary	Sale	1,308	1.898
Ordinary	Sale	35,140	1.912
Ordinary	Sale	52,104	1.912
Ordinary	Sale	1,671	1.9075
Ordinary	Sale	2,719	1.9075
Ordinary	Sale	1,582	1.9075
Ordinary	Sale	1,548	1.9075
Ordinary	Sale	2,600	1.8895
Ordinary	Sale	4,439	1.9
Ordinary	Sale	3,428	1.9095
Ordinary	Sale	904	1.9095
Ordinary	Sale	3,076	1.907
Ordinary	Sale	532	1.907
Ordinary	Sale	552	1.907
Ordinary	Sale	2,519	1.907
Ordinary	Sale	811	1.8965
Ordinary	Sale	200	1.897
Ordinary	Sale	1,321	1.897
Ordinary	Sale	3,516	1.897
Ordinary	Sale	1,029	1.894
Ordinary	Sale	4,462	1.894
Ordinary	Sale	1,652	1.892
Ordinary	Sale	1,666	1.8915
Ordinary	Sale	4,277	1.914
Ordinary	Sale	4,149	1.914
Ordinary	Sale	4,073	1.9135
Ordinary	Sale	3,999	1.9145
Ordinary	Sale	4,463	1.9095
Ordinary	Sale	5,796	1.893
Ordinary	Sale	279	1.8935
Ordinary	Sale	4,600	1.9065
Ordinary	Sale	2,740	1.914
Ordinary	Sale	185	1.914
Ordinary	Sale	447	1.8935
Ordinary	Sale	55	1.8935
Ordinary	Sale	2,323	1.912
Ordinary	Sale	16,879	1.912
Ordinary	Sale	5,840	1.912
Ordinary	Sale	38,760	1.912
Ordinary	Sale	3,894	1.908
Ordinary	Sale	465	1.9
Ordinary	Sale	1,874	1.9
Ordinary	Sale	1,998	1.907
Ordinary	Sale	5,129	1.907
Ordinary	Sale	2,120	1.907
Ordinary	Sale	82,740	1.89631
Ordinary	Sale	304,418	1.897
	Total Purchases	4,250,530
	Total Sales	812,387

(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

Euro Medium Term Note

Reducing a short position

221

1.9120

(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"

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	29/03/2017
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

RETEAADNADAXEFF

Related Shares:

FTSE 100 Latest

Value8,684.56

Change50.81