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Form 8.3 - Tesco Plc

12th Jun 2017 15:00

RNS Number : 8466H
Societe Generale SA
12 June 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

09/06/2017

(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: 17,724,002 Shares Interests and 39,068,600 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:

17,725,502

0.22

39,068,600

0.48

(2) Cash-settled derivatives:

 

43,680,930

0.53

5,866,712

0.07

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

2,250,000

0.03

9,101,000

0.11

 

TOTAL:

63,656,432

0.78

54,036,312

0.66

 

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

2,000

1.787

Ordinary

Purchase

1,095

1.787

Ordinary

Purchase

21

1.805

Ordinary

Purchase

680

1.7905

Ordinary

Purchase

2,794

1.7905

Ordinary

Purchase

19,227

1.8075

Ordinary

Purchase

2,445

1.809

Ordinary

Purchase

209

1.8125

Ordinary

Purchase

2,765

1.8115

Ordinary

Purchase

2,740

1.8115

Ordinary

Purchase

1,565

1.8115

Ordinary

Purchase

3,627

1.812

Ordinary

Purchase

1,507

1.812

Ordinary

Purchase

1,192

1.812

Ordinary

Purchase

37,178

1.8075

Ordinary

Purchase

34,192

1.8075

Ordinary

Purchase

202

1.812

Ordinary

Purchase

3,142

1.8145

Ordinary

Purchase

58,805

1.8075

Ordinary

Purchase

202

1.812

Ordinary

Purchase

2,861

1.8105

Ordinary

Purchase

500

1.781

Ordinary

Purchase

2,067

1.78

Ordinary

Purchase

2,100

1.786

Ordinary

Purchase

1,344

1.7725

Ordinary

Purchase

1,339

1.78

Ordinary

Purchase

3,404

1.7845

Ordinary

Purchase

2,500

1.814

Ordinary

Purchase

2,432

1.805

Ordinary

Purchase

1,934

1.8145

Ordinary

Purchase

1,542

1.8145

Ordinary

Purchase

3,033

1.8145

Ordinary

Purchase

2,500

1.8045

Ordinary

Purchase

113

1.8145

Ordinary

Purchase

150

1.8105

Ordinary

Purchase

2,500

1.798

Ordinary

Purchase

961

1.798

Ordinary

Purchase

180

1.798

Ordinary

Purchase

204

1.798

Ordinary

Purchase

2,442

1.81

Ordinary

Purchase

2,444

1.814

Ordinary

Purchase

2,443

1.8095

Ordinary

Purchase

2,444

1.81

Ordinary

Purchase

2,445

1.81

Ordinary

Purchase

94

1.81

Ordinary

Purchase

2,167

1.81

Ordinary

Purchase

16

1.81

Ordinary

Purchase

278

1.81

Ordinary

Purchase

1,150

1.81

Ordinary

Purchase

249

1.81

Ordinary

Purchase

1,047

1.81

Ordinary

Purchase

1,281

1.81

Ordinary

Purchase

1,167

1.81

Ordinary

Purchase

2,444

1.8095

Ordinary

Purchase

2,444

1.8125

Ordinary

Purchase

901

1.809

Ordinary

Purchase

951

1.809

Ordinary

Purchase

1,492

1.809

Ordinary

Purchase

2,446

1.809

Ordinary

Purchase

125

1.8145

Ordinary

Purchase

306

1.8145

Ordinary

Purchase

1,054

1.809

Ordinary

Purchase

2,138

1.8145

Ordinary

Purchase

2,445

1.81

Ordinary

Purchase

411

1.81

Ordinary

Purchase

80

1.81

Ordinary

Purchase

166

1.8105

Ordinary

Purchase

1,958

1.811

Ordinary

Purchase

484

1.811

Ordinary

Purchase

62

1.811

Ordinary

Purchase

1,331

1.81

Ordinary

Purchase

1,111

1.81

Ordinary

Purchase

2,380

1.8115

Ordinary

Purchase

36

1.812

Ordinary

Purchase

89

1.8145

Ordinary

Purchase

30

1.8145

Ordinary

Purchase

158

1.8105

Ordinary

Purchase

2,444

1.811

Ordinary

Purchase

2,440

1.81

Ordinary

Purchase

4,324

1.81

Ordinary

Purchase

1,100

1.81

Ordinary

Purchase

1,825

1.81

Ordinary

Purchase

871

1.81

Ordinary

Purchase

2,444

1.8135

Ordinary

Purchase

1,221

1.8135

Ordinary

Purchase

1,465

1.7715

Ordinary

Purchase

2,370

1.78

Ordinary

Purchase

2,442

1.799

Ordinary

Purchase

600

1.799

Ordinary

Purchase

715

1.802

Ordinary

Purchase

2,285

1.7925

Ordinary

Purchase

165

1.7925

Ordinary

Purchase

2,084

1.7935

Ordinary

Purchase

2,472

1.781

Ordinary

Purchase

79

1.79

Ordinary

Purchase

496

1.799

Ordinary

Purchase

126

1.799

Ordinary

Purchase

2,500

1.7795

Ordinary

Purchase

1,820

1.799

Ordinary

Purchase

2,469

1.783

Ordinary

Purchase

551

1.7905

Ordinary

Purchase

411

1.81

Ordinary

Purchase

2,017

1.81

Ordinary

Purchase

2,427

1.81

Ordinary

Purchase

834

1.799

Ordinary

Purchase

1,609

1.799

Ordinary

Purchase

2,429

1.81

Ordinary

Purchase

2,497

1.8085

Ordinary

Purchase

2,808

1.8135

Ordinary

Purchase

1,655

1.8135

Ordinary

Purchase

1,120

1.8135

Ordinary

Purchase

1,413

1.8135

Ordinary

Purchase

733

1.805

Ordinary

Purchase

1,700

1.805

Ordinary

Purchase

1,580

1.8

Ordinary

Purchase

1,500

1.8085

Ordinary

Purchase

2,429

1.809

Ordinary

Purchase

359

1.8085

Ordinary

Purchase

638

1.8085

Ordinary

Purchase

861

1.8

Ordinary

Purchase

2,429

1.809

Ordinary

Purchase

2,250

1.805

Ordinary

Purchase

4,243

1.805

Ordinary

Purchase

5,442

1.8045

Ordinary

Purchase

56

1.805

Ordinary

Purchase

3,702

1.776

Ordinary

Purchase

639

1.809

Ordinary

Purchase

1,790

1.8115

Ordinary

Purchase

2,425

1.8115

Ordinary

Purchase

635

1.8115

Ordinary

Purchase

2,463

1.785

Ordinary

Purchase

2,459

1.785

Ordinary

Purchase

2,425

1.8115

Ordinary

Purchase

1,972

1.794

Ordinary

Purchase

2,450

1.795

Ordinary

Purchase

2,426

1.8115

Ordinary

Purchase

2,425

1.8115

Ordinary

Purchase

1,392

1.762

Ordinary

Purchase

1,502

1.7615

Ordinary

Purchase

100

1.791

Ordinary

Purchase

1,457

1.7875

Ordinary

Purchase

1,000

1.7875

Ordinary

Purchase

2,458

1.7875

Ordinary

Purchase

1,900

1.7905

Ordinary

Purchase

80

1.8055

Ordinary

Purchase

113

1.8055

Ordinary

Purchase

2,236

1.8055

Ordinary

Purchase

73

1.809

Ordinary

Purchase

2,356

1.809

Ordinary

Purchase

1,934

1.81

Ordinary

Purchase

1,339

1.81

Ordinary

Purchase

1,934

1.81

Ordinary

Purchase

2,938

1.81

Ordinary

Purchase

2,430

1.802

Ordinary

Purchase

1,016

1.802

Ordinary

Purchase

74

1.802

Ordinary

Purchase

1,350

1.802

Ordinary

Purchase

2,436

1.804

Ordinary

Purchase

2,446

1.798

Ordinary

Purchase

1,202

1.778

Ordinary

Purchase

135

1.7785

Ordinary

Purchase

1,350

1.7785

Ordinary

Purchase

283

1.778

Ordinary

Purchase

3,655

1.788

Ordinary

Purchase

490

1.782

Ordinary

Purchase

2,428

1.81

Ordinary

Purchase

534

1.7965

Ordinary

Purchase

1,914

1.7965

Ordinary

Purchase

1,320

1.782

Ordinary

Purchase

2,456

1.789

Ordinary

Purchase

2,434

1.8035

Ordinary

Purchase

2,432

1.805

Ordinary

Purchase

1,027

1.805

Ordinary

Purchase

1,404

1.805

Ordinary

Purchase

2,430

1.8045

Ordinary

Purchase

2,371

1.79

Ordinary

Purchase

1,552

1.799

Ordinary

Purchase

3,909

1.81

Ordinary

Purchase

2,444

1.799

Ordinary

Purchase

364

1.7935

Ordinary

Purchase

621

1.799

Ordinary

Purchase

1,223

1.799

Ordinary

Purchase

23,408

1.8075

Ordinary

Sale

1,413

1.8075

Ordinary

Sale

1,413

1.8075

Ordinary

Sale

948

1.8075

Ordinary

Sale

1,414

1.8075

Ordinary

Sale

531

1.811

Ordinary

Sale

531

1.812

Ordinary

Sale

3,741

1.8115

Ordinary

Sale

4,002

1.8115

Ordinary

Sale

1,811

1.8115

Ordinary

Sale

1,791

1.8095

Ordinary

Sale

6,254

1.8075

Ordinary

Sale

665

1.8075

Ordinary

Sale

1,400

1.8075

Ordinary

Sale

2,927

1.8075

Ordinary

Sale

36,814

1.8075

Ordinary

Sale

9,039

1.8075

Ordinary

Sale

15,546

1.8075

Ordinary

Sale

58,241

1.8075

Ordinary

Sale

8,402

1.8075

Ordinary

Sale

17,745

1.8075

Ordinary

Sale

53,597

1.8075

Ordinary

Sale

52

1.7795

Ordinary

Sale

624

1.8115064

Ordinary

Sale

1,602

1.8025031

Ordinary

Sale

9,337

1.8075

Ordinary

Sale

18,793

1.8075

Ordinary

Sale

16,945

1.8075

Ordinary

Sale

2,564

1.775

Ordinary

Sale

1,923

1.785

Ordinary

Sale

3,883

1.8105

Ordinary

Sale

3,761

1.808

Ordinary

Sale

1,436

1.808

Ordinary

Sale

1,700

1.8115

Ordinary

Sale

354

1.8115

Ordinary

Sale

3,066

1.8105

Ordinary

Sale

1,517

1.808

Ordinary

Sale

86

1.808

Ordinary

Sale

1,718

1.79925

Ordinary

Sale

2,400

1.791

Ordinary

Sale

917

1.8075

Ordinary

Sale

1,917

1.798

Ordinary

Sale

1,024

1.798

Ordinary

Sale

2,180

1.798

Ordinary

Sale

4,492

1.798

Ordinary

Sale

3,678

1.8095

Ordinary

Sale

1,830

1.7855

Ordinary

Sale

4,072

1.808

Ordinary

Sale

17,415

1.785

Ordinary

Sale

12,919

1.785

Ordinary

Sale

2,424

1.81

Ordinary

Sale

2,435

1.8025

Ordinary

Sale

2,426

1.81

Ordinary

Sale

2,425

1.8085

Ordinary

Sale

2,492

1.809

Ordinary

Sale

2,426

1.809

Ordinary

Sale

2,625

1.809

Ordinary

Sale

3,305

1.808

Ordinary

Sale

1,504

1.808

Ordinary

Sale

1,850

1.7795

Ordinary

Sale

849

1.7795

Ordinary

Sale

2,503

1.804

Ordinary

Sale

2,390

1.792

Ordinary

Sale

3,114

1.8045

Ordinary

Sale

2,596

1.805

Ordinary

Sale

1,573

1.792

Ordinary

Sale

711

1.792

Ordinary

Sale

1,215

1.805

Ordinary

Sale

558

1.81

Ordinary

Sale

1,867

1.81

Ordinary

Sale

2,000

1.8105

Ordinary

Sale

562

1.8105

Ordinary

Sale

4,816

1.8095

Ordinary

Sale

1,491

1.7785

Ordinary

Sale

816

1.8045

Ordinary

Sale

2,427

1.8105

Ordinary

Sale

2,422

1.81

Ordinary

Sale

2,432

1.805

Ordinary

Sale

1,182

1.788

Ordinary

Sale

707

1.8115

Ordinary

Sale

1,025

1.8115

Ordinary

Sale

1,772

1.8115

Ordinary

Sale

510

1.806

Ordinary

Sale

1,914

1.806

Ordinary

Sale

2,432

1.8055

Ordinary

Sale

154

1.7755

Ordinary

Sale

1,470

1.7755

Ordinary

Sale

4,645

1.8095

Ordinary

Sale

2,432

1.805

Ordinary

Sale

4,058

1.775

Ordinary

Sale

2,431

1.8055

Ordinary

Sale

2,432

1.806

Ordinary

Sale

2,999

1.8105

Ordinary

Sale

1,482

1.8105

Ordinary

Sale

1,368

1.7795

Ordinary

Sale

572

1.7795

Ordinary

Sale

1,491

1.78

Ordinary

Sale

919

1.7795

Ordinary

Sale

2,424

1.809

Ordinary

Sale

3,758

1.807

Ordinary

Sale

2,362

1.7945

Ordinary

Sale

2,700

1.7985

Ordinary

Sale

2,427

1.8085

Ordinary

Sale

421

1.811

Ordinary

Sale

2,000

1.811

Ordinary

Sale

5,322

1.785

Ordinary

Sale

2,427

1.8085

Ordinary

Sale

2,492

1.8095

Ordinary

Sale

117

1.8015

Ordinary

Sale

2,499

1.8075

Ordinary

Sale

2,427

1.8085

Ordinary

Sale

2,426

1.809

Ordinary

Sale

2,637

1.81

Ordinary

Sale

2,493

1.8065

Ordinary

Sale

2,425

1.806

Ordinary

Sale

759

1.7985

Ordinary

Sale

2,426

1.8055

Ordinary

Sale

2,426

1.809

Ordinary

Sale

1,758

1.81

Ordinary

Sale

4,766

1.81

Ordinary

Sale

666

1.81

Ordinary

Sale

1,300

1.8095

Ordinary

Sale

1,239

1.8095

Ordinary

Sale

1,438

1.8045

Ordinary

Sale

2,763

1.8045

Ordinary

Sale

1,330

1.7895

Ordinary

Sale

1,229

1.7895

Ordinary

Sale

1,860

1.8075

Ordinary

Sale

2,500

1.786

Ordinary

Sale

2,427

1.81

Ordinary

Sale

1,016

1.8085

Ordinary

Sale

1,407

1.8085

Ordinary

Sale

12,919

1.785

Ordinary

Sale

566

1.811

Ordinary

Sale

1,859

1.811

Ordinary

Sale

2,423

1.8085

Ordinary

Sale

3,308

1.79

Ordinary

Sale

1,526

1.7905

Ordinary

Sale

1,810

1.7905

Ordinary

Sale

568

1.8075

Ordinary

Sale

2,763

1.804

Ordinary

Sale

2,002

1.804

Ordinary

Sale

2,700

1.8035

Ordinary

Sale

6,046

1.8045

Ordinary

Sale

2,425

1.8075

Ordinary

Sale

2,434

1.8035

Ordinary

Sale

2,493

1.7795

Ordinary

Sale

2,425

1.81

Ordinary

Sale

2,425

1.8075

Ordinary

Sale

2,435

1.803

Ordinary

Sale

9,761

1.785

Ordinary

Sale

1,720

1.8015

Ordinary

Sale

2,451

1.7895

Ordinary

Sale

395

1.7895

Ordinary

Sale

2,843

1.79

Ordinary

Sale

1,900

1.791

Ordinary

Sale

2,575

1.79

Ordinary

Sale

1,923

1.7895

Ordinary

Sale

572

1.7895

Ordinary

Sale

110

1.791

Ordinary

Sale

1,517

1.7905

Ordinary

Sale

911

1.7905

Ordinary

Sale

394

1.771145

Ordinary

Sale

22,096

1.80954

Ordinary

Sale

69,890

1.80954

Ordinary

Sale

20

1.803499

Ordinary

Sale

32,651

1.809423

Ordinary

Sale

5,139

1.809414

Ordinary

Sale

412,901

1.809352

Ordinary

Sale

398,867

1.809353

Ordinary

Sale

2,494

1.788736

Ordinary

Sale

347

1.772654

Ordinary

Sale

20

1.811

Ordinary

Sale

4,332

1.811138

Ordinary

Sale

1,291

1.811136

Ordinary

Sale

452

1.779259

Ordinary

Sale

8,937

1.779244

Ordinary

Sale

30,385

1.779164

Ordinary

Sale

1,896

1.793656

Ordinary

Sale

1,095

1.772644

Total Purchases

454,470

Total Sales

1,590,358

 

(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 short position

394

1.771145

Ordinary

CFD

Reducing a short position

22,096

1.80954

Ordinary

CFD

Reducing a short position

69,890

1.80954

Ordinary

CFD

Reducing a short position

20

1.803499

Ordinary

CFD

Reducing a short position

32,651

1.809423

Ordinary

CFD

Reducing a short position

5,139

1.809414

Ordinary

CFD

Reducing a short position

412,901

1.809352

Ordinary

CFD

Reducing a short position

398,867

1.809353

Ordinary

CFD

Reducing a short position

2,494

1.788736

Ordinary

CFD

Reducing a short position

347

1.772654

Ordinary

CFD

Reducing a short position

20

1.811

Ordinary

CFD

Reducing a short position

4,332

1.811138

Ordinary

CFD

Reducing a short position

1,291

1.811136

Ordinary

CFD

Reducing a short position

452

1.779259

Ordinary

CFD

Reducing a short position

8,937

1.779244

Ordinary

CFD

Reducing a short position

30,385

1.779164

Ordinary

CFD

Reducing a short position

1,896

1.793656

Ordinary

CFD

Reducing a short position

1,095

1.772644

 

(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:

12/06/2017

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
 
 
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