REG - Societe Generale SA Tesco PLC - Form 8.3 - TESCO PLC <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 6985RSociete Generale SA25 September 2017FORM 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:
Socit Gnrale 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
22/09/2017
(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: 18,272,169 Shares Interests and 30,687,491 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:
18,273,669
0.22
30,687,491
0.37
(2) Cash-settled derivatives:
28,351,255
0.35
1,717,600
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,000,000
0.09
14,933,000
0.18
TOTAL:
53,624,924
0.65
47,338,091
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 Form8 (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
533
1.8285
Ordinary
Purchase
1,395
1.8285
Ordinary
Purchase
3,279
1.8285
Ordinary
Purchase
1,469
1.83
Ordinary
Purchase
1,197
1.8315
Ordinary
Purchase
100
1.8315
Ordinary
Purchase
4,679
1.83
Ordinary
Purchase
3,883
1.831
Ordinary
Purchase
937
1.831
Ordinary
Purchase
3,169
1.831
Ordinary
Purchase
939
1.8315
Ordinary
Purchase
1,249
1.8315
Ordinary
Purchase
1,539
1.8315
Ordinary
Purchase
3,022
1.8315
Ordinary
Purchase
569
1.8335
Ordinary
Purchase
1,539
1.8335
Ordinary
Purchase
4,299
1.835
Ordinary
Purchase
2,770
1.834
Ordinary
Purchase
1,194
1.834
Ordinary
Purchase
560
1.83
Ordinary
Purchase
961
1.8295
Ordinary
Purchase
3,243
1.8295
Ordinary
Purchase
2,402
1.836
Ordinary
Purchase
526
1.83575
Ordinary
Purchase
150
1.836
Ordinary
Purchase
2,404
1.8365
Ordinary
Purchase
2,403
1.8345
Ordinary
Purchase
29
1.836
Ordinary
Purchase
2,409
1.8365
Ordinary
Purchase
4,603
1.836
Ordinary
Purchase
278
1.836
Ordinary
Purchase
153
1.8365
Ordinary
Purchase
307
1.8375
Ordinary
Purchase
3,311
1.836
Ordinary
Purchase
2,407
1.8375
Ordinary
Purchase
12,032
1.8385
Ordinary
Purchase
15,881
1.8385
Ordinary
Purchase
4,810
1.8385
Ordinary
Purchase
14,408
1.8385
Ordinary
Purchase
2,700
1.8385
Ordinary
Purchase
1,423
1.8385
Ordinary
Purchase
6,163
1.8385
Ordinary
Purchase
22,904
1.8385
Ordinary
Purchase
60
1.8385
Ordinary
Purchase
11,279
1.8385
Ordinary
Purchase
3,939
1.8385
Ordinary
Purchase
54,486
1.8385
Ordinary
Purchase
5,607
1.8385
Ordinary
Purchase
27,978
1.8385
Ordinary
Purchase
2,407
1.837
Ordinary
Purchase
1
1.8285
Ordinary
Purchase
143
1.8355
Ordinary
Purchase
2,403
1.8365
Ordinary
Purchase
2,406
1.836
Ordinary
Purchase
2,406
1.838
Ordinary
Purchase
2,402
1.836
Ordinary
Purchase
1,309
1.8355
Ordinary
Purchase
367
1.83575
Ordinary
Purchase
1,096
1.8355
Ordinary
Purchase
413
1.8355
Ordinary
Purchase
158
1.836
Ordinary
Purchase
2,404
1.8365
Ordinary
Purchase
924
1.8345
Ordinary
Purchase
1,478
1.8345
Ordinary
Purchase
2,405
1.8365
Ordinary
Purchase
2,407
1.837
Ordinary
Purchase
2,000
1.829
Ordinary
Purchase
1,991
1.829
Ordinary
Purchase
1,457
1.829
Ordinary
Purchase
2,873
1.829
Ordinary
Purchase
2,655
1.829
Ordinary
Purchase
3,036
1.829
Ordinary
Purchase
567
1.829
Ordinary
Purchase
965
1.829
Ordinary
Purchase
151
1.829
Ordinary
Purchase
244
1.83
Ordinary
Purchase
1,867
1.83
Ordinary
Purchase
759
1.831
Ordinary
Purchase
726
1.832
Ordinary
Purchase
1,345
1.832
Ordinary
Purchase
793
1.83
Ordinary
Purchase
1,546
1.83
Ordinary
Purchase
822
1.83
Ordinary
Purchase
87
1.8335
Ordinary
Purchase
1,908
1.8335
Ordinary
Purchase
1,910
1.8335
Ordinary
Purchase
1,609
1.8325
Ordinary
Purchase
1,017
1.8365
Ordinary
Purchase
1,395
1.8365
Ordinary
Purchase
400
1.828
Ordinary
Purchase
3,098
1.828
Ordinary
Purchase
1,019
1.8275
Ordinary
Purchase
3,358
1.834
Ordinary
Purchase
4,000
1.8285
Ordinary
Purchase
1,443
1.8285
Ordinary
Purchase
5,007
1.8285
Ordinary
Purchase
2,500
1.8285
Ordinary
Purchase
4,493
1.8285
Ordinary
Purchase
4,386
1.8285
Ordinary
Purchase
2,412
1.8295
Ordinary
Purchase
2,415
1.8315
Ordinary
Purchase
4,697
1.8315
Ordinary
Purchase
3,085
1.8355
Ordinary
Purchase
3,772
1.829
Ordinary
Purchase
2,409
1.838
Ordinary
Purchase
2,411
1.8375
Ordinary
Purchase
1,427
1.837
Ordinary
Purchase
4,603
1.829
Ordinary
Purchase
1,914
1.829
Ordinary
Purchase
741
1.829
Ordinary
Purchase
2,413
1.829
Ordinary
Purchase
4,811
1.8285
Ordinary
Purchase
756
1.833
Ordinary
Purchase
2,414
1.834
Ordinary
Purchase
2,252
1.83
Ordinary
Purchase
443
1.83
Ordinary
Purchase
3,808
1.8315
Ordinary
Purchase
3,418
1.8305
Ordinary
Purchase
464
1.8305
Ordinary
Purchase
3,198
1.83
Ordinary
Purchase
3,335
1.829
Ordinary
Purchase
1,828
1.8305
Ordinary
Purchase
2,413
1.8355
Ordinary
Purchase
865
1.829
Ordinary
Purchase
589
1.8305
Ordinary
Purchase
2,594
1.83
Ordinary
Purchase
5,753
1.829
Ordinary
Purchase
625
1.83
Ordinary
Purchase
880
1.8295
Ordinary
Purchase
3,926
1.8295
Ordinary
Purchase
2,703
1.8355
Ordinary
Purchase
2,489
1.835
Ordinary
Purchase
2,413
1.834
Ordinary
Purchase
4,770
1.8305
Ordinary
Purchase
4,957
1.8315
Ordinary
Purchase
3,799
1.831
Ordinary
Purchase
372
1.831
Ordinary
Purchase
2,518
1.8355
Ordinary
Purchase
837
1.835
Ordinary
Purchase
2,837
1.834
Ordinary
Purchase
2,252
1.835
Ordinary
Purchase
2,977
1.828
Ordinary
Purchase
1,085
1.829
Ordinary
Purchase
2,502
1.827
Ordinary
Purchase
3,136
1.829
Ordinary
Purchase
2,414
1.8305
Ordinary
Purchase
2,479
1.83
Ordinary
Purchase
1,346
1.831
Ordinary
Purchase
31
1.831
Ordinary
Purchase
4,997
1.831
Ordinary
Purchase
2,622
1.8325
Ordinary
Purchase
1,533
1.8325
Ordinary
Purchase
1,211
1.8325
Ordinary
Purchase
481
1.8325
Ordinary
Purchase
5,472
1.8315
Ordinary
Purchase
2,415
1.829
Ordinary
Purchase
4,459
1.833
Ordinary
Purchase
3,274
1.8315
Ordinary
Purchase
890
1.8315
Ordinary
Purchase
1,274
1.834
Ordinary
Purchase
4,988
1.834
Ordinary
Purchase
1,166
1.834
Ordinary
Purchase
1,960
1.834
Ordinary
Purchase
2,505
1.834
Ordinary
Purchase
2,413
1.8305
Ordinary
Purchase
3,006
1.828
Ordinary
Purchase
4,344
1.8365
Ordinary
Purchase
565
1.829
Ordinary
Purchase
2,417
1.83
Ordinary
Purchase
4,478
1.8355
Ordinary
Purchase
1,116
1.837
Ordinary
Purchase
3,803
1.834
Ordinary
Purchase
2,410
1.837
Ordinary
Purchase
126
1.8285
Ordinary
Purchase
2,481
1.8285
Ordinary
Purchase
2,465
1.8285
Ordinary
Purchase
1,872
1.8285
Ordinary
Purchase
2,416
1.8305
Ordinary
Purchase
2,119
1.829
Ordinary
Purchase
3,794
1.8335
Ordinary
Purchase
401
1.8335
Ordinary
Purchase
2,520
1.83
Ordinary
Purchase
331
1.833
Ordinary
Purchase
1,107
1.8365
Ordinary
Purchase
4,000
1.833
Ordinary
Purchase
1,305
1.8365
Ordinary
Purchase
5,092
1.8315
Ordinary
Purchase
3,072
1.8325
Ordinary
Purchase
3,697
1.833
Ordinary
Purchase
1,199
1.833
Ordinary
Purchase
1,449
1.8325
Ordinary
Purchase
1,723
1.8315
Ordinary
Purchase
690
1.8315
Ordinary
Purchase
1,769
1.8325
Ordinary
Purchase
2,946
1.8325
Ordinary
Purchase
1,318
1.828
Ordinary
Purchase
4,000
1.8315
Ordinary
Purchase
267
1.8315
Ordinary
Purchase
3,198
1.83
Ordinary
Purchase
931
1.8305
Ordinary
Purchase
2,412
1.8365
Ordinary
Purchase
1,622
1.8305
Ordinary
Purchase
2,587
1.83
Ordinary
Purchase
3,995
1.829
Ordinary
Purchase
3,430
1.828
Ordinary
Purchase
5,302
1.834
Ordinary
Purchase
5,064
1.828
Ordinary
Purchase
3,234
1.829
Ordinary
Purchase
2,410
1.838
Ordinary
Purchase
2,411
1.8375
Ordinary
Sale
3,166
1.8285
Ordinary
Sale
15,831
1.8385
Ordinary
Sale
3,200
1.8385
Ordinary
Sale
1,674
1.838
Ordinary
Sale
1,671
1.838
Ordinary
Sale
1,446
1.838
Ordinary
Sale
530
1.838
Ordinary
Sale
1,752
1.827
Ordinary
Sale
3,198
1.836
Ordinary
Sale
2,624
1.836
Ordinary
Sale
2,402
1.836
Ordinary
Sale
1,276
1.836
Ordinary
Sale
1,674
1.836
Ordinary
Sale
640
1.836
Ordinary
Sale
1,908
1.8355
Ordinary
Sale
2,232
1.83
Ordinary
Sale
2,083
1.83
Ordinary
Sale
3,682
1.8375
Ordinary
Sale
1,674
1.8375
Ordinary
Sale
1,217
1.8375
Ordinary
Sale
1,092
1.8385
Ordinary
Sale
12,807
1.8385
Ordinary
Sale
34,475
1.8385
Ordinary
Sale
1,515
1.838
Ordinary
Sale
36
1.838
Ordinary
Sale
2,576
1.838
Ordinary
Sale
16
1.838
Ordinary
Sale
3,218
1.8355
Ordinary
Sale
3,304
1.8285
Ordinary
Sale
2,306
1.8345
Ordinary
Sale
3,247
1.8385
Ordinary
Sale
3,196
1.8385
Ordinary
Sale
27,978
1.8385
Ordinary
Sale
21,317
1.8385
Ordinary
Sale
36,819
1.8385
Ordinary
Sale
2,700
1.8385
Ordinary
Sale
30,268
1.8385
Ordinary
Sale
28,201
1.8385
Ordinary
Sale
20,376
1.8385
Ordinary
Sale
28,348
1.8385
Ordinary
Sale
42,523
1.8385
Ordinary
Sale
1,673
1.8385
Ordinary
Sale
3,346
1.8385
Ordinary
Sale
1,831
1.8385
Ordinary
Sale
2,867
1.8385
Ordinary
Sale
1,673
1.8385
Ordinary
Sale
479
1.8385
Ordinary
Sale
5,019
1.8385
Ordinary
Sale
2,064
1.827
Ordinary
Sale
2,411
1.8305
Ordinary
Sale
438
1.838
Ordinary
Sale
4,181
1.838
Ordinary
Sale
2,433
1.838
Ordinary
Sale
14,500
1.83625
Ordinary
Sale
11,377
1.83575
Ordinary
Sale
1,400
1.832
Ordinary
Sale
1,264
1.825
Ordinary
Sale
3,221
1.8255
Ordinary
Sale
3,000
1.8355
Ordinary
Sale
3,000
1.8375
Ordinary
Sale
267
1.828
Ordinary
Sale
4,986
1.8295
Ordinary
Sale
2,000
1.833
Ordinary
Sale
3,238
1.8345
Ordinary
Sale
2,474
1.8375
Ordinary
Sale
1,114
1.827
Ordinary
Sale
5,760
1.827
Ordinary
Sale
1,748
1.838
Ordinary
Sale
2,409
1.838
Ordinary
Sale
3,418
1.838
Ordinary
Sale
2,041
1.838
Ordinary
Sale
1,840
1.838
Ordinary
Sale
2,485
1.838
Ordinary
Sale
4,733
1.838
Ordinary
Sale
1,600
1.838
Ordinary
Sale
7,062
1.83
Ordinary
Sale
6,726
1.83
Ordinary
Sale
2,494
1.835
Ordinary
Sale
3,951
1.83
Ordinary
Sale
4,874
1.83
Ordinary
Sale
2,317
1.827
Ordinary
Sale
4,463
1.83
Ordinary
Sale
3,644
1.825
Ordinary
Sale
3,331
1.825
Ordinary
Sale
712
1.825
Ordinary
Sale
3,331
1.825
Ordinary
Sale
3,592
1.8255
Ordinary
Sale
5,144
1.825
Ordinary
Sale
2,510
1.827
Ordinary
Sale
1,414
1.827
Ordinary
Sale
4,269
1.837
Ordinary
Sale
2,364
1.827
Ordinary
Sale
4,826
1.827
Ordinary
Sale
5,025
1.837
Ordinary
Sale
755
1.8285
Ordinary
Sale
6,626
1.828
Ordinary
Sale
1,329
1.827
Ordinary
Sale
4,431
1.827
Ordinary
Sale
3,296
1.8345
Ordinary
Sale
2,622
1.8375
Ordinary
Sale
4,278
1.8375
Ordinary
Sale
2,000
1.8375
Ordinary
Sale
900
1.8375
Ordinary
Sale
5,760
1.827
Ordinary
Sale
4,300
1.8345
Ordinary
Sale
893
1.8345
Ordinary
Sale
86,100
1.838801
Total Purchases
609,275
Total Sales
661,827
(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
Increasing a long position
86,100
1.838801
(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:
25/09/2017
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
20,000
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 RNSThe company news service from the London Stock ExchangeENDRETEANNSAFXXEEF
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