REG - Societe Generale SA Sainsbury(J) PLC - Form 8.3 - J SAINSBURY PLC <Origin Href="QuoteRef">SBRY.L</Origin>

J SainsburyAnnouncement

13/05/2016 15:20

RNS Number : 2519Y
Societe Generale SA
13 May 2016
 
  
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:
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
J SAINSBURY 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
12/05/2016
(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"
Home Retail 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: 3,088,007 Shares interests and 17,572,740 short position
ADR (referencing the ordinary) : 23,504 equivalent Shares interests and 0 equivalent Shares as short position
Where (1 ADR = 4 ordinary share)
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
3,111,511
0.16
17,572,740
0.91
(2) Cash-settled derivatives:
15,962,008
0.83
732,794
0.04
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,222,000
0.38
4,534,297
0.24
 TOTAL:
26,295,519
1.37
22,839,831
1.19
Class of relevant security:
Convertible bonds due November 2019
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
3,500,000
0.18
0
0.00
(2) Cash-settled derivatives:
0
0.00
0
0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
0
0.00
0
0.00
 TOTAL:
3,500,000
0.18
0
0.00
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
Ordinary
Purchase
766
2.525
Ordinary
Purchase
36,599
2.5563365
Ordinary
Purchase
26,575
2.5513693
Ordinary
Purchase
4,580
2.5508886
Ordinary
Purchase
55,321
2.5547167
Ordinary
Purchase
39,570
2.550594
Ordinary
Purchase
1
2.525
Ordinary
Purchase
3
2.559
Ordinary
Purchase
10,597
2.5393102
Ordinary
Purchase
21,515
2.5442115
Ordinary
Purchase
4
2.556
Ordinary
Purchase
26,922
2.525
Ordinary
Purchase
1,174
2.525
Ordinary
Purchase
45,887
2.5502007
Ordinary
Purchase
2,982
2.523302
ADR
Purchase
5,792
3.22
Ordinary
Sale
29,282
2.5539513
Ordinary
Sale
10,622
2.5489164
Ordinary
Sale
8,817
2.5487864
Ordinary
Sale
45
2.563
Ordinary
Sale
2,320
2.5583793
Ordinary
Sale
32,738
2.5526465
Ordinary
Sale
96,753
2.5272626
Ordinary
Sale
474
2.532519
Ordinary
Sale
1,307
2.56
Ordinary
Sale
12
2.524
Ordinary
Sale
18,265
2.5372494
Ordinary
Sale
8,335
2.524811
Ordinary
Sale
17
2.531
Ordinary
Sale
14
2.531
Ordinary
Sale
14
2.531
Ordinary
Sale
17
2.531
Ordinary
Sale
20
2.531
Ordinary
Sale
1,097
2.525
Ordinary
Sale
2,742
2.525
Ordinary
Sale
4,233
2.5595476
Ordinary
Sale
1,097
2.538
Ordinary
Sale
17
2.535
Ordinary
Sale
75
2.535
Ordinary
Sale
61
2.535
Ordinary
Sale
12,785
2.525
Ordinary
Sale
3,578
2.5587032
Ordinary
Sale
15,902
2.525
Ordinary
Sale
37,006
2.5283032
Ordinary
Sale
1,097
2.552
Ordinary
Sale
41
2.537

Total Purchases
278,288


Total Sales
288,783

(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
Ordinary
Euro Medium Term Note
Increasing a short position
55
252.5

(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
Ordinary
Euro Medium Term Note
Sale
88
252.50
NA
28/04/2017
NA
(ii) Exercise
Class of relevant security
Product description
e.g. call option
Exercising/ exercised against
Number of securities
Exercise price per unit





(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)




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:
13/05/2016
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 and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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:
Socit Gnrale S.A.
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:
J SAINSBURY 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
Type
e.g. American, European etc.
Expiry date
Ordinary
Euro Medium Term Notes
Sale
3,297
N/A
N/A
28/04/2017
Ordinary
Listed Call-option
Purchase
 22,000 
2.8
American options
16/06/2017
Ordinary
Listed put-option
Purchase
1,005,000
2.4
American options
16/12/2016
Ordinary
Listed put-option
Purchase
750,000
2.6
American options
21/12/2018
Ordinary
Listed put-option
Purchase
10,000
2.5
American options
15/12/2017
Ordinary
Listed put-option
Purchase
1,040,000
2.6
American options
15/12/2017
Ordinary
Listed put-option
Purchase
76,000
2.4
American options
15/12/2017
Ordinary
Listed put-option
Purchase
1,600,000
2.2
American options
17/03/2017
Ordinary
Listed put-option
Purchase
50,000
2.4
American options
16/06/2017
Ordinary
Listed put-option
Sale
3,600,000
1.6
American options
18/09/2020
Ordinary
Listed put-option
Sale
3,600,000
1.8
American options
19/03/2021
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
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