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Form 8.3 - Tesco Plc

6th Feb 2017 14:40

RNS Number : 1418W
Societe Generale SA
06 February 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

03/02/2017

(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: 9,202,697 Shares interests and 26,941,850 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:

9,204,197

0.11

26,941,850

0.33

(2) Cash-settled derivatives:

 

20,931,436

0.26

10,298,881

0.13

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

2,250,000

0.03

9,819,000

0.12

 

TOTAL:

32,385,633

0.40

47,059,731

0.58

 

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

75

1.973

Ordinary

Purchase

3,699

1.97675

Ordinary

Purchase

2,000

1.99

Ordinary

Purchase

1,207

1.99

Ordinary

Purchase

252

1.99

Ordinary

Purchase

393

1.99

Ordinary

Purchase

12

1.9715

Ordinary

Purchase

4

1.9715

Ordinary

Purchase

1

1.9715

Ordinary

Purchase

9

1.9715

Ordinary

Purchase

2

1.9715

Ordinary

Purchase

12

1.9715

Ordinary

Purchase

2

1.9715

Ordinary

Purchase

2,000

1.9685

Ordinary

Purchase

2,224

1.967

Ordinary

Purchase

1,400

1.9755

Ordinary

Purchase

1,539

1.973

Ordinary

Purchase

754

1.973

Ordinary

Purchase

1,624

1.973

Ordinary

Purchase

1,761

1.973

Ordinary

Purchase

1,002

1.973

Ordinary

Purchase

2,197

1.97375

Ordinary

Purchase

1,970

1.974

Ordinary

Purchase

5,348

1.969

Ordinary

Purchase

1,792

1.9695

Ordinary

Purchase

662

1.9715

Ordinary

Purchase

323

1.9715

Ordinary

Purchase

1,665

1.9715

Ordinary

Purchase

1,206

1.9715

Ordinary

Purchase

1,657

1.968

Ordinary

Purchase

1,531

1.968

Ordinary

Purchase

32,120

1.973

Ordinary

Purchase

16,060

1.973

Ordinary

Purchase

14,214

1.973

Ordinary

Purchase

1,846

1.973

Ordinary

Purchase

32

1.973

Ordinary

Purchase

2,785

1.973

Ordinary

Purchase

3,139

1.973

Ordinary

Purchase

2,500

1.9685

Ordinary

Purchase

3,173

1.9745

Ordinary

Purchase

174

1.9745

Ordinary

Purchase

1,484

1.974

Ordinary

Purchase

1,429

1.9785

Ordinary

Purchase

1,737

1.9695

Ordinary

Purchase

1,138

1.974

Ordinary

Purchase

1,375

1.9695

Ordinary

Purchase

1,219

1.969

Ordinary

Purchase

1,240

1.968

Ordinary

Purchase

331

1.968

Ordinary

Purchase

798

1.968

Ordinary

Purchase

2,441

1.968

Ordinary

Purchase

273

1.9725

Ordinary

Purchase

1,914

1.9725

Ordinary

Purchase

2,184

1.975

Ordinary

Purchase

2,144

1.976

Ordinary

Purchase

2,500

1.97

Ordinary

Purchase

2,182

1.9765

Ordinary

Purchase

150

1.976

Ordinary

Purchase

2,179

1.9755

Ordinary

Purchase

2,182

1.9715

Ordinary

Purchase

2,182

1.9725

Ordinary

Purchase

622

1.9755

Ordinary

Purchase

1,557

1.9755

Ordinary

Purchase

2,176

1.9775

Ordinary

Purchase

2,180

1.973

Ordinary

Purchase

2,177

1.974

Ordinary

Purchase

13,240

1.9745

Ordinary

Purchase

2,176

1.9735

Ordinary

Purchase

2,189

1.973

Ordinary

Purchase

569

1.9725

Ordinary

Purchase

1,500

1.9715

Ordinary

Purchase

1,624

1.9715

Ordinary

Purchase

2,182

1.9775

Ordinary

Purchase

300

1.973

Ordinary

Purchase

2,147

1.9725

Ordinary

Purchase

2,180

1.9775

Ordinary

Purchase

32

1.9725

Ordinary

Purchase

1,889

1.973

Ordinary

Purchase

861

1.9735

Ordinary

Purchase

1,318

1.9735

Ordinary

Purchase

860

1.973

Ordinary

Purchase

1,327

1.973

Ordinary

Purchase

2,239

1.971

Ordinary

Purchase

2,182

1.9765

Ordinary

Purchase

136

1.9705

Ordinary

Purchase

861

1.9705

Ordinary

Purchase

1,190

1.9705

Ordinary

Purchase

2,282

1.9705

Ordinary

Purchase

1,292

1.973

Ordinary

Purchase

890

1.973

Ordinary

Purchase

2,181

1.977

Ordinary

Purchase

2,182

1.973

Ordinary

Purchase

2,182

1.9725

Ordinary

Purchase

525

1.9715

Ordinary

Purchase

1,663

1.9715

Ordinary

Purchase

2,504

1.973

Ordinary

Purchase

1,091

1.972

Ordinary

Purchase

2,180

1.9735

Ordinary

Purchase

1,099

1.972

Ordinary

Purchase

54

1.973

Ordinary

Purchase

2,127

1.973

Ordinary

Purchase

401

1.9715

Ordinary

Purchase

2,188

1.973

Ordinary

Purchase

2,187

1.973

Ordinary

Purchase

2,185

1.9725

Ordinary

Purchase

5,662

1.9785

Ordinary

Purchase

2,183

1.974

Ordinary

Purchase

306

1.9785

Ordinary

Purchase

2,187

1.973

Ordinary

Purchase

2,182

1.9745

Ordinary

Purchase

2,189

1.9725

Ordinary

Purchase

2,182

1.975

Ordinary

Purchase

1,375

1.9725

Ordinary

Purchase

405

1.9725

Ordinary

Purchase

2,189

1.9715

Ordinary

Purchase

2,182

1.973

Ordinary

Purchase

2,357

1.9795

Ordinary

Purchase

2,182

1.9725

Ordinary

Purchase

1,900

1.9795

Ordinary

Purchase

2,188

1.9725

Ordinary

Purchase

154

1.973

Ordinary

Purchase

1,854

1.973

Ordinary

Purchase

492

1.973

Ordinary

Purchase

2,182

1.973

Ordinary

Purchase

2,188

1.9715

Ordinary

Purchase

39

1.9715

Ordinary

Purchase

663

1.9715

Ordinary

Purchase

2,182

1.973

Ordinary

Purchase

2,183

1.973

Ordinary

Purchase

861

1.978

Ordinary

Purchase

454

1.978

Ordinary

Purchase

1,211

1.9725

Ordinary

Purchase

861

1.978

Ordinary

Purchase

1,304

1.973

Ordinary

Purchase

1,506

1.973

Ordinary

Purchase

316

1.973

Ordinary

Purchase

498

1.975

Ordinary

Purchase

1,650

1.973

Ordinary

Purchase

168

1.973

Ordinary

Purchase

1,650

1.973

Ordinary

Purchase

1,686

1.975

Ordinary

Purchase

418

1.974

Ordinary

Purchase

2,178

1.974

Ordinary

Purchase

1,766

1.974

Ordinary

Purchase

2,732

1.973

Ordinary

Purchase

2,802

1.9725

Ordinary

Purchase

2,182

1.9725

Ordinary

Purchase

2,559

1.9715

Ordinary

Purchase

2,647

1.971

Ordinary

Purchase

2,184

1.9705

Ordinary

Purchase

2,181

1.975

Ordinary

Purchase

2,457

1.9705

Ordinary

Purchase

2,356

1.97

Ordinary

Purchase

2,719

1.9685

Ordinary

Purchase

2,185

1.969

Ordinary

Purchase

1,901

1.977

Ordinary

Purchase

928

1.9755

Ordinary

Purchase

1,248

1.9755

Ordinary

Purchase

1,362

1.9775

Ordinary

Purchase

814

1.9775

Ordinary

Purchase

1,129

1.9765

Ordinary

Purchase

1,051

1.9765

Ordinary

Purchase

635

1.9765

Ordinary

Purchase

2,357

1.974

Ordinary

Purchase

1,650

1.974

Ordinary

Purchase

566

1.974

Ordinary

Purchase

1,644

1.973

Ordinary

Purchase

544

1.973

Ordinary

Purchase

1,546

1.9765

Ordinary

Purchase

2,179

1.9765

Ordinary

Purchase

1,719

1.9755

Ordinary

Purchase

461

1.9755

Ordinary

Purchase

2,352

1.975

Ordinary

Purchase

4,741

1.974

Ordinary

Purchase

2,500

1.9695

Ordinary

Purchase

1,760

1.9695

Ordinary

Purchase

2,182

1.975

Ordinary

Purchase

2,186

1.9715

Ordinary

Purchase

2,178

1.9725

Ordinary

Purchase

4,326

1.9725

Ordinary

Purchase

1,624

1.9725

Ordinary

Purchase

1,624

1.9725

Ordinary

Purchase

2,175

1.979

Ordinary

Purchase

2,186

1.9755

Ordinary

Purchase

1,599

1.975

Ordinary

Purchase

587

1.975

Ordinary

Purchase

764

1.9725

Ordinary

Purchase

1,420

1.9725

Ordinary

Purchase

2,186

1.974

Ordinary

Purchase

2,186

1.9715

Ordinary

Purchase

591

1.9705

Ordinary

Purchase

1,652

1.9705

Ordinary

Purchase

2,187

1.974

Ordinary

Purchase

2,187

1.9705

Ordinary

Purchase

1,326

1.9705

Ordinary

Purchase

394

1.974

Ordinary

Purchase

392

1.974

Ordinary

Purchase

1,400

1.974

Ordinary

Purchase

861

1.9705

Ordinary

Purchase

2,184

1.973

Ordinary

Purchase

2,187

1.973

Ordinary

Purchase

2,187

1.9715

Ordinary

Purchase

2,187

1.9725

Ordinary

Purchase

3,960

1.9705

Ordinary

Purchase

5,848

1.969

Ordinary

Purchase

2,187

1.972

Ordinary

Purchase

2,188

1.9725

Ordinary

Purchase

1,375

1.973

Ordinary

Purchase

245

1.973

Ordinary

Purchase

564

1.973

Ordinary

Purchase

2,188

1.968

Ordinary

Purchase

1,381

1.968

Ordinary

Purchase

2,357

1.968

Ordinary

Purchase

2,699

1.968

Ordinary

Purchase

1,346

1.968

Ordinary

Purchase

1,505

1.968

Ordinary

Purchase

1,620

1.968

Ordinary

Purchase

1,800

1.973

Ordinary

Purchase

382

1.973

Ordinary

Purchase

2,236

1.9725

Ordinary

Purchase

2,181

1.9725

Ordinary

Purchase

2,180

1.9715

Ordinary

Purchase

2,188

1.9715

Ordinary

Purchase

2,185

1.973

Ordinary

Purchase

683

1.9725

Ordinary

Purchase

1,558

1.9725

Ordinary

Purchase

1,458

1.9775

Ordinary

Purchase

349

1.9775

Ordinary

Purchase

367

1.9775

Ordinary

Purchase

174

1.973

Ordinary

Purchase

2,004

1.973

Ordinary

Purchase

2,233

1.9725

Ordinary

Purchase

1,318

1.9725

Ordinary

Purchase

2,182

1.973

Ordinary

Purchase

861

1.9725

Ordinary

Purchase

942

1.973

Ordinary

Purchase

443

1.9705

Ordinary

Purchase

1,354

1.9705

Ordinary

Purchase

383

1.9705

Ordinary

Purchase

1,244

1.973

Ordinary

Purchase

4,125

1.97

Ordinary

Purchase

6,088

1.9695

Ordinary

Purchase

4,334

1.9695

Ordinary

Purchase

6,365

1.9685

Ordinary

Purchase

12,029

1.9665

Ordinary

Purchase

1,565

1.9695

Ordinary

Purchase

1,306

1.968

Ordinary

Purchase

83

1.968

Ordinary

Purchase

6,424

1.973

Ordinary

Purchase

53,992

1.973

Ordinary

Purchase

12,875

1.973

Ordinary

Purchase

36,365

1.973

Ordinary

Purchase

1,124

1.973

Ordinary

Purchase

1,200

1.9765

Ordinary

Purchase

1,628

1.9765

Ordinary

Purchase

4,352

1.977

Ordinary

Purchase

579

1.9805

Ordinary

Purchase

3,767

1.9805

Ordinary

Purchase

16,060

1.973

Ordinary

Sale

547

1.973

Ordinary

Sale

1,665

1.9735

Ordinary

Sale

956

1.973

Ordinary

Sale

1,305

1.9735

Ordinary

Sale

1,979

1.986

Ordinary

Sale

2,441

1.986

Ordinary

Sale

4,568

1.9765

Ordinary

Sale

688

1.9765

Ordinary

Sale

2,324

1.9735

Ordinary

Sale

8,455

1.983

Ordinary

Sale

1,400

1.9735

Ordinary

Sale

796

1.9735

Ordinary

Sale

2,000

1.9735

Ordinary

Sale

1,565

1.9735

Ordinary

Sale

141

1.9775

Ordinary

Sale

23

1.981

Ordinary

Sale

1,359

1.981

Ordinary

Sale

141

1.9805

Ordinary

Sale

1,207

1.99

Ordinary

Sale

1,506

1.9915

Ordinary

Sale

323

1.988

Ordinary

Sale

1,212

1.988

Ordinary

Sale

1,691

1.988

Ordinary

Sale

3,151

1.98

Ordinary

Sale

611

1.98

Ordinary

Sale

1,619

1.98

Ordinary

Sale

1,679

1.9845

Ordinary

Sale

212

1.9815

Ordinary

Sale

278

1.9815

Ordinary

Sale

2,000

1.9765

Ordinary

Sale

2,988

1.9815

Ordinary

Sale

1,362

1.969

Ordinary

Sale

1,892

1.969

Ordinary

Sale

162

1.969

Ordinary

Sale

385

1.969

Ordinary

Sale

890

1.969

Ordinary

Sale

1,733

1.969

Ordinary

Sale

2,961

1.973

Ordinary

Sale

1,490

1.973

Ordinary

Sale

1,183

1.9735

Ordinary

Sale

1,477

1.9735

Ordinary

Sale

1,600

1.973

Ordinary

Sale

2,500

1.974

Ordinary

Sale

4,061

1.974

Ordinary

Sale

3,018

1.9735

Ordinary

Sale

1,230

1.9735

Ordinary

Sale

4,307

1.978

Ordinary

Sale

498

1.9735

Ordinary

Sale

1,240

1.9735

Ordinary

Sale

2,500

1.9755

Ordinary

Sale

1,686

1.9735

Ordinary

Sale

583

1.973

Ordinary

Sale

2,884

1.973

Ordinary

Sale

2,171

1.976

Ordinary

Sale

1,408

1.973

Ordinary

Sale

2,174

1.9735

Ordinary

Sale

17,715

1.975

Ordinary

Sale

4,345

1.975

Ordinary

Sale

14,241

1.973

Ordinary

Sale

2,167

1.9805

Ordinary

Sale

2,174

1.974

Ordinary

Sale

2,170

1.977

Ordinary

Sale

2,175

1.974

Ordinary

Sale

2,171

1.9765

Ordinary

Sale

2,173

1.976

Ordinary

Sale

5,921

1.98

Ordinary

Sale

2,725

1.9765

Ordinary

Sale

2,271

1.9835

Ordinary

Sale

2,174

1.9735

Ordinary

Sale

2,174

1.9745

Ordinary

Sale

2,809

1.9765

Ordinary

Sale

2,174

1.974

Ordinary

Sale

2,500

1.9755

Ordinary

Sale

7,000

1.9875

Ordinary

Sale

7,000

1.9885

Ordinary

Sale

7,000

1.9885

Ordinary

Sale

2,500

1.9885

Ordinary

Sale

1,921

1.973

Ordinary

Sale

10,982

1.9805

Ordinary

Sale

10,982

1.981

Ordinary

Sale

4,268

1.9765

Ordinary

Sale

1,148

1.9845

Ordinary

Sale

4,077

1.98175

Ordinary

Sale

3,857

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

3,904

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,686

1.973

Ordinary

Sale

4,685

1.973

Ordinary

Sale

541

1.973

Ordinary

Sale

6,424

1.973

Ordinary

Sale

18,735

1.973

Total Purchases

625,986

Total Sales

296,130

 

(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:

06/02/2017

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

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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