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

J SainsburyAnnouncement

27/06/2016 13:15

RNS Number : 3708C
Societe Generale SA
27 June 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
24/06/2016
(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: 4,678,334 Shares interests and 12,758,569 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:
4,701,838
0.24
12,758,569
0.66
(2) Cash-settled derivatives:
10,982,249
0.57
733,302
0.04
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,222,000
0.38
4,534,253
0.24
 TOTAL:
22,906,087
1.19
18,026,124
0.94
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
1
2.254
Ordinary
Purchase
65
2.277
Ordinary
Purchase
1
2.291
Ordinary
Purchase
1,007
2.296
Ordinary
Purchase
307,972
2.2480364
Ordinary
Purchase
22
2.309
Ordinary
Purchase
14,958
2.2027043
Ordinary
Purchase
1
2.239
Ordinary
Purchase
1
2.272
Ordinary
Purchase
1
2.272
Ordinary
Purchase
2,180
2.2932087
Ordinary
Purchase
1
2.275
Ordinary
Purchase
1
2.295
Ordinary
Purchase
1,047,978
2.2477774
Ordinary
Purchase
35
2.215
Ordinary
Purchase
1
2.292
Ordinary
Purchase
36
2.254
Ordinary
Purchase
1
2.287
Ordinary
Purchase
7
2.272
Ordinary
Purchase
1
2.251
Ordinary
Purchase
19,366
2.3287173
Ordinary
Purchase
1
2.293
Ordinary
Purchase
55
2.293
Ordinary
Purchase
57
2.295
Ordinary
Purchase
5
2.283
Ordinary
Purchase
11
2.292
Ordinary
Purchase
293,173
2.2553359
Ordinary
Purchase
40,314
2.272
Ordinary
Purchase
1
2.271
Ordinary
Purchase
5,268
2.2811503
Ordinary
Purchase
52,668
2.2531554
Ordinary
Purchase
925
2.1510054
Ordinary
Purchase
1
2.307
Ordinary
Purchase
1,632
2.2
Ordinary
Purchase
18
2.288
Ordinary
Purchase
58,687
2.2815419
Ordinary
Purchase
1
2.269
Ordinary
Purchase
6
2.333
Ordinary
Purchase
36
2.263
Ordinary
Purchase
38,996
2.2764693
Ordinary
Purchase
22
2.312
Ordinary
Purchase
14
2.176
Ordinary
Purchase
213,898
2.2621213
Ordinary
Purchase
14,822
2.3153312
Ordinary
Purchase
17
2.261
Ordinary
Purchase
85
2.263
Ordinary
Purchase
20,971
2.2806571
Ordinary
Purchase
2,058
2.272
Ordinary
Purchase
21
2.313
Ordinary
Purchase
9
2.296
Ordinary
Purchase
1
2.267
Ordinary
Purchase
17
2.267
Ordinary
Purchase
1
2.267
Ordinary
Purchase
9,836
2.291376
Ordinary
Purchase
3,024
2.272
Ordinary
Purchase
3,302
2.339
Ordinary
Purchase
3,302
2.339
Ordinary
Purchase
1,074,870
2.336836
Ordinary
Purchase
1,449,844
2.337749
Ordinary
Purchase
1,242
2.316
Ordinary
Purchase
904
2.458
Ordinary
Purchase
16,050
2.447
Ordinary
Purchase
470
2.289
Ordinary
Sale
95
2.303
Ordinary
Sale
9,768
2.308371
Ordinary
Sale
292,801
2.2475966
Ordinary
Sale
2
2.287
Ordinary
Sale
27,934
2.2404674
Ordinary
Sale
54,394
2.254928
Ordinary
Sale
1
2.319
Ordinary
Sale
69
2.296
Ordinary
Sale
17,613
2.282221
Ordinary
Sale
870
2.293
Ordinary
Sale
1,360
2.272
Ordinary
Sale
858,815
2.2571882
Ordinary
Sale
38
2.202
Ordinary
Sale
54,394
2.298271
Ordinary
Sale
1,914
2.2139969
Ordinary
Sale
34
2.212
Ordinary
Sale
459,902
2.2422218
Ordinary
Sale
5
2.219
Ordinary
Sale
34
2.212
Ordinary
Sale
26,287
2.2583863
Ordinary
Sale
34
2.288
Ordinary
Sale
27
2.292
Ordinary
Sale
10,880
2.272
Ordinary
Sale
1
2.269
Ordinary
Sale
4,657
2.272
Ordinary
Sale
65
2.299
Ordinary
Sale
76
2.289
Ordinary
Sale
11,723
2.272
Ordinary
Sale
15,106
2.3099816
Ordinary
Sale
135,409
2.302853
Ordinary
Sale
54,394
2.237
Ordinary
Sale
3,302
2.345
Ordinary
Sale
1,074,870
2.337984
Ordinary
Sale
3,302
2.334
Ordinary
Sale
1,449,844
2.335744
Ordinary
Sale
1,242
2.396
Ordinary
Sale
904
2.415
Ordinary
Sale
16,050
2.4514
Ordinary
Sale
470
2.203

Total Purchases
4,700,271


Total Sales
4,588,686

  
(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
CFD
Increasing a long position
135,409
2.302853
Ordinary
Euro Medium Term Note
Reducing a short position
480
227.20

(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








(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:
27/06/2016
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 Note
Sale
3,253
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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