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Form 8.3 - Tesco Plc

18 Oct 2017 12:03

RNS Number : 9662T
Societe Generale SA
18 October 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

17/10/2017

(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: 15,312,039 Shares Interests and 20,861,102 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:

15,313,539

0.19

20,861,102

0.25

(2) Cash-settled derivatives:

 

19,240,847

0.23

1,757,820

0.02

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

7,000,000

0.09

14,953,000

0.18

 

TOTAL:

41,554,386

0.51

37,571,922

0.46

 

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

1,608

1.8635

Ordinary

Purchase

852

1.8645

Ordinary

Purchase

1,600

1.8645

Ordinary

Purchase

28

1.8645

Ordinary

Purchase

396

1.8735

Ordinary

Purchase

1,750

1.8735

Ordinary

Purchase

1,295

1.86325

Ordinary

Purchase

1,880

1.8635

Ordinary

Purchase

815

1.86325

Ordinary

Purchase

5,869

1.864

Ordinary

Purchase

1,185

1.864

Ordinary

Purchase

1,750

1.865

Ordinary

Purchase

1,439

1.8625

Ordinary

Purchase

1,439

1.861

Ordinary

Purchase

1,400

1.8695

Ordinary

Purchase

912

1.8695

Ordinary

Purchase

1,974

1.8635

Ordinary

Purchase

515

1.8635

Ordinary

Purchase

2,297

1.865

Ordinary

Purchase

1,296

1.865

Ordinary

Purchase

399

1.865

Ordinary

Purchase

1,860

1.864

Ordinary

Purchase

529

1.864

Ordinary

Purchase

880

1.8625

Ordinary

Purchase

3,633

1.8605

Ordinary

Purchase

3,633

1.8605

Ordinary

Purchase

1,115

1.863

Ordinary

Purchase

1,329

1.863

Ordinary

Purchase

2,223

1.8635

Ordinary

Purchase

2,391

1.863

Ordinary

Purchase

2,394

1.864

Ordinary

Purchase

2,395

1.864

Ordinary

Purchase

1,935

1.873

Ordinary

Purchase

2,395

1.8635

Ordinary

Purchase

169

1.8635

Ordinary

Purchase

4,574

1.8675

Ordinary

Purchase

191

1.864

Ordinary

Purchase

215

1.866

Ordinary

Purchase

1,285

1.866

Ordinary

Purchase

1,088

1.866

Ordinary

Purchase

2,521

1.8645

Ordinary

Purchase

1,215

1.864

Ordinary

Purchase

1,215

1.864

Ordinary

Purchase

3,409

1.8635

Ordinary

Purchase

1,432

1.864

Ordinary

Purchase

1,168

1.864

Ordinary

Purchase

803

1.8645

Ordinary

Purchase

1,406

1.8645

Ordinary

Purchase

279

1.8645

Ordinary

Purchase

640

1.8645

Ordinary

Purchase

8,614

1.875

Ordinary

Purchase

2,391

1.8655

Ordinary

Purchase

2,390

1.8655

Ordinary

Purchase

1,348

1.8645

Ordinary

Purchase

669

1.8645

Ordinary

Purchase

908

1.8645

Ordinary

Purchase

869

1.8645

Ordinary

Purchase

2,000

1.8645

Ordinary

Purchase

2,100

1.8645

Ordinary

Purchase

445

1.861

Ordinary

Purchase

2,470

1.8615

Ordinary

Purchase

2,396

1.8615

Ordinary

Purchase

237

1.864

Ordinary

Purchase

717

1.8615

Ordinary

Purchase

1,434

1.8615

Ordinary

Purchase

1,444

1.864

Ordinary

Purchase

2,390

1.8675

Ordinary

Purchase

731

1.865

Ordinary

Purchase

246

1.8615

Ordinary

Purchase

1,048

1.865

Ordinary

Purchase

610

1.865

Ordinary

Purchase

3,301

1.866

Ordinary

Purchase

1,381

1.8615

Ordinary

Purchase

266

1.8615

Ordinary

Purchase

2,932

1.8635

Ordinary

Purchase

3,794

1.8635

Ordinary

Purchase

2,382

1.8635

Ordinary

Purchase

1,812

1.8735

Ordinary

Purchase

1,351

1.8735

Ordinary

Purchase

880

1.8735

Ordinary

Purchase

750

1.8615

Ordinary

Purchase

1,861

1.864

Ordinary

Purchase

458

1.864

Ordinary

Purchase

1,032

1.867

Ordinary

Purchase

1,421

1.867

Ordinary

Purchase

1,898

1.8635

Ordinary

Purchase

2,390

1.865

Ordinary

Purchase

838

1.864

Ordinary

Purchase

2,388

1.864

Ordinary

Purchase

70

1.864

Ordinary

Purchase

2,393

1.865

Ordinary

Purchase

2,675

1.861

Ordinary

Purchase

3,030

1.875

Ordinary

Purchase

2,390

1.8675

Ordinary

Purchase

4,200

1.864

Ordinary

Purchase

4,303

1.8695

Ordinary

Purchase

1,607

1.8695

Ordinary

Purchase

701

1.8695

Ordinary

Purchase

4,038

1.8695

Ordinary

Purchase

3,225

1.8695

Ordinary

Purchase

1,424

1.869

Ordinary

Purchase

2,090

1.864

Ordinary

Purchase

3,234

1.864

Ordinary

Purchase

2,438

1.868

Ordinary

Purchase

3,527

1.866

Ordinary

Purchase

2,435

1.87

Ordinary

Purchase

1,415

1.87

Ordinary

Purchase

2,155

1.87

Ordinary

Purchase

280

1.87

Ordinary

Purchase

874

1.8685

Ordinary

Purchase

2,180

1.8685

Ordinary

Purchase

2,544

1.8685

Ordinary

Purchase

7,440

1.8655

Ordinary

Purchase

1,479

1.8635

Ordinary

Purchase

3,154

1.8635

Ordinary

Purchase

1,607

1.8635

Ordinary

Purchase

1,250

1.864

Ordinary

Purchase

1,243

1.8695

Ordinary

Purchase

1,973

1.8635

Ordinary

Purchase

11,724

1.8605

Ordinary

Purchase

65,344

1.8605

Ordinary

Purchase

66,392

1.8605

Ordinary

Purchase

15,836

1.8605

Ordinary

Purchase

15,836

1.8605

Ordinary

Purchase

15,836

1.8605

Ordinary

Purchase

15,836

1.8605

Ordinary

Purchase

15,836

1.8605

Ordinary

Purchase

2,507

1.8605

Ordinary

Purchase

2,653

1.8605

Ordinary

Purchase

5,688

1.8605

Ordinary

Purchase

228

1.867

Ordinary

Purchase

786

1.8645

Ordinary

Purchase

300

1.8645

Ordinary

Purchase

759

1.8645

Ordinary

Purchase

291

1.8645

Ordinary

Purchase

805

1.863

Ordinary

Purchase

539

1.8625

Ordinary

Purchase

7,570

1.8625

Ordinary

Purchase

909

1.8625

Ordinary

Purchase

960

1.863

Ordinary

Purchase

1,552

1.8625

Ordinary

Purchase

1,006

1.865

Ordinary

Purchase

915

1.865

Ordinary

Purchase

1,589

1.865

Ordinary

Purchase

2,256

1.865

Ordinary

Purchase

1,254

1.865

Ordinary

Purchase

1,584

1.8625

Ordinary

Purchase

302

1.8645

Ordinary

Purchase

1,200

1.8645

Ordinary

Purchase

223

1.8645

Ordinary

Purchase

244

1.8645

Ordinary

Purchase

1,412

1.8645

Ordinary

Purchase

134

1.8645

Ordinary

Purchase

245

1.8645

Ordinary

Purchase

1,819

1.863

Ordinary

Purchase

1,161

1.8635

Ordinary

Purchase

666

1.8635

Ordinary

Purchase

796

1.864

Ordinary

Purchase

1,767

1.864

Ordinary

Purchase

792

1.864

Ordinary

Purchase

1,258

1.864

Ordinary

Purchase

286

1.864

Ordinary

Purchase

1,528

1.873

Ordinary

Purchase

284

1.8695

Ordinary

Purchase

124

1.8695

Ordinary

Purchase

943

1.8695

Ordinary

Purchase

1,750

1.864

Ordinary

Purchase

1,750

1.863

Ordinary

Purchase

1,750

1.866

Ordinary

Purchase

6,448,890

1.874151

Ordinary

Purchase

2,298,153

1.867365

Ordinary

Purchase

1,490

1.867

Ordinary

Purchase

6,448,890

1.8745

Ordinary

Sale

1,730

1.8685

Ordinary

Sale

1,750

1.871

Ordinary

Sale

1,558

1.867

Ordinary

Sale

1,720

1.864

Ordinary

Sale

3,000

1.8675

Ordinary

Sale

3,000

1.8685

Ordinary

Sale

2,002

1.8685

Ordinary

Sale

1,776

1.8685

Ordinary

Sale

7,427

1.86975

Ordinary

Sale

3,000

1.8695

Ordinary

Sale

7,796

1.86875

Ordinary

Sale

801

1.8685

Ordinary

Sale

759

1.8685

Ordinary

Sale

5,403

1.8685

Ordinary

Sale

8,403

1.86875

Ordinary

Sale

2,565

1.8685

Ordinary

Sale

3,000

1.8685

Ordinary

Sale

1,899

1.868

Ordinary

Sale

1,287

1.868

Ordinary

Sale

157

1.867

Ordinary

Sale

3,685

1.8665

Ordinary

Sale

2,019

1.864

Ordinary

Sale

440

1.864

Ordinary

Sale

2,458

1.865

Ordinary

Sale

4,659

1.8645

Ordinary

Sale

3,211

1.8645

Ordinary

Sale

2,384

1.87

Ordinary

Sale

701

1.872

Ordinary

Sale

1,081

1.872

Ordinary

Sale

990

1.8665

Ordinary

Sale

3,569

1.867

Ordinary

Sale

1,076

1.8715

Ordinary

Sale

1,294

1.8715

Ordinary

Sale

2,021

1.8725

Ordinary

Sale

348

1.8725

Ordinary

Sale

3,452

1.8665

Ordinary

Sale

2,928

1.867

Ordinary

Sale

2,369

1.8735

Ordinary

Sale

1,565

1.865

Ordinary

Sale

4,500

1.8635

Ordinary

Sale

879

1.865

Ordinary

Sale

3,568

1.865

Ordinary

Sale

3,515

1.865

Ordinary

Sale

2,382

1.865

Ordinary

Sale

4,353

1.861

Ordinary

Sale

3,655

1.864

Ordinary

Sale

2,374

1.8675

Ordinary

Sale

1,966

1.8745

Ordinary

Sale

2,374

1.8675

Ordinary

Sale

2,388

1.866

Ordinary

Sale

4,062

1.8645

Ordinary

Sale

4,657

1.866

Ordinary

Sale

270

1.8665

Ordinary

Sale

2,535

1.866

Ordinary

Sale

2,382

1.8635

Ordinary

Sale

874

1.8665

Ordinary

Sale

1,829

1.8665

Ordinary

Sale

3,794

1.8635

Ordinary

Sale

3,730

1.8655

Ordinary

Sale

3,744

1.865

Ordinary

Sale

800

1.866

Ordinary

Sale

1,777

1.866

Ordinary

Sale

1,506

1.8705

Ordinary

Sale

507

1.8705

Ordinary

Sale

2,008

1.871

Ordinary

Sale

1,712

1.866

Ordinary

Sale

3,765

1.863

Ordinary

Sale

4,455

1.864

Ordinary

Sale

200

1.872

Ordinary

Sale

4,763

1.8685

Ordinary

Sale

2,234

1.872

Ordinary

Sale

467

1.8745

Ordinary

Sale

1,845

1.8635

Ordinary

Sale

4,019

1.8675

Ordinary

Sale

6,852

1.867

Ordinary

Sale

2,385

1.869

Ordinary

Sale

2,448

1.87

Ordinary

Sale

3,236

1.866

Ordinary

Sale

2,000

1.866

Ordinary

Sale

500

1.866

Ordinary

Sale

3,000

1.8685

Ordinary

Sale

2,509

1.8685

Ordinary

Sale

474

1.8685

Ordinary

Sale

364

1.8685

Ordinary

Sale

2,832

1.8685

Ordinary

Sale

3,192

1.8645

Ordinary

Sale

2,376

1.866

Ordinary

Sale

2,090

1.864

Ordinary

Sale

1,593

1.867

Ordinary

Sale

861

1.8695

Ordinary

Sale

4,303

1.8695

Ordinary

Sale

2,118

1.8695

Ordinary

Sale

1,607

1.8695

Ordinary

Sale

2,384

1.864

Ordinary

Sale

1,279

1.8645

Ordinary

Sale

2,025

1.8675

Ordinary

Sale

5,832

1.8645

Ordinary

Sale

350

1.8675

Ordinary

Sale

4,074

1.867

Ordinary

Sale

1,997

1.868

Ordinary

Sale

1,997

1.868

Ordinary

Sale

2,000

1.868

Ordinary

Sale

1,134

1.868

Ordinary

Sale

2,000

1.868

Ordinary

Sale

4,258

1.865

Ordinary

Sale

3,183

1.865

Ordinary

Sale

683

1.865

Ordinary

Sale

1,518

1.865

Ordinary

Sale

1,426

1.865

Ordinary

Sale

3,285

1.8685

Ordinary

Sale

3,527

1.866

Ordinary

Sale

2,917

1.8685

Ordinary

Sale

158

1.866

Ordinary

Sale

494

1.866

Ordinary

Sale

1,679

1.868

Ordinary

Sale

2,694

1.868

Ordinary

Sale

1,956

1.868

Ordinary

Sale

2,376

1.866

Ordinary

Sale

1,796

1.868

Ordinary

Sale

1,597

1.869

Ordinary

Sale

241

1.869

Ordinary

Sale

5,597

1.8605

Ordinary

Sale

1,725

1.866

Ordinary

Sale

4,695

1.866

Ordinary

Sale

2,047

1.866

Ordinary

Sale

3,987

1.8695

Ordinary

Sale

1,000

1.8685

Ordinary

Sale

1,720

1.8685

Ordinary

Sale

3,524

1.868

Ordinary

Sale

3,910

1.868

Ordinary

Sale

1,633

1.8605

Ordinary

Sale

5,688

1.8605

Ordinary

Sale

1,126

1.8605

Ordinary

Sale

2,653

1.8605

Ordinary

Sale

39

1.8645

Ordinary

Sale

3,116

1.8685

Ordinary

Sale

492

1.869

Ordinary

Sale

713

1.869

Ordinary

Sale

3,115

1.868

Ordinary

Sale

561

1.868

Ordinary

Sale

1,000

1.868

Ordinary

Sale

4,167,240

1.8745

Ordinary

Sale

1,490

1.862

Ordinary

Sale

6,448,890

1.8745

Total Purchases

15,691,635

Total Sales

10,958,733

(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

6,448,890

1.874151

Ordinary

CFD

Reducing a long position

2,298,153

1.867365

Ordinary

CFD

Increasing a long position

4,167,240

1.8745

 

(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:

18/10/2017

Contact name:

Olivier Vero

Telephone number:

+44 20 7676 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 Call Option

Sale

2,750,000

1.800

American options

21/12/2018

Ordinary Shares

Listed Call Option

Sale

2,000,000

1.850

American options

15/12/2017

Ordinary Shares

Listed Call Option

Sale

1,000,000

1.90

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

8,000

1.4

American options

15/06/2018

Ordinary Shares

Listed Put Option

Purchase

79,000

1.65

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

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

Purchase

40,000

1.400

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

24,000

1.400

American options

21/09/2018

Ordinary Shares

Listed Put Option

Sale

2,250,000

1

American options

18/09/2020

Ordinary Shares

Listed Put Option

Sale

2,750,000

1.800

American options

21/12/2018

Ordinary Shares

Listed Put Option

Sale

1,000,000

1.700

American options

15/12/2017

Ordinary Shares

Listed Put Option

Sale

1,000,000

1.850

American options

15/12/2017

 

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
 
 
RETEAFEPFEFXFFF
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