REG - BNP Paribas London Tesco PLC - Form 8.3 - [Tesco Plc] <Origin Href="QuoteRef">TSCO.L</Origin>

TescoAnnouncement

23/08/2017 14:30

RNS Number : 8096O
BNP Paribas London
23 August 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:
BNP PARIBAS GROUP SA
(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 August 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
If YES, specify which: 
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 (ISIN: GB0008847096)
Interests
Short positions

Number
%
Number
%
(1) Relevant securities owned and/or controlled:
4,005,829
0.05


(2) Cash-settled derivatives:


18,682,635
0.23
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,700,000
0.09
10,990,000
0.13
 TOTAL:
11,705,829
0.14
29,672,635
0.36
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
GB0008847096
Purchase
2,575
GBP 1.7995
GB0008847096
Purchase
2,545
GBP 1.8075
GB0008847096
Purchase
949
GBP 1.8145
GB0008847096
Purchase
986
GBP 1.8180
GB0008847096
Purchase
926
GBP 1.8200
GB0008847096
Purchase
7,467
GBP 1.8215
GB0008847096
Purchase
375
GBP 1.8220
GB0008847096
Purchase
3,650
GBP 1.8270
GB0008847096
Purchase
1,029
GBP 1.8275
GB0008847096
Purchase
8,236
GBP 1.8280
GB0008847096
Purchase
10,088
GBP 1.8300
GB0008847096
Purchase
12,747
GBP 1.8310
GB0008847096
Purchase
1,190
GBP 1.8315
GB0008847096
Purchase
3,780
GBP 1.8335
GB0008847096
Purchase
1,971
GBP 1.8340
GB0008847096
Purchase
546
GBP 1.8355
GB0008847096
Purchase
22,790
GBP 1.8365
GB0008847096
Purchase
2,098
GBP 1.8400
GB0008847096
Purchase
610,473
GBP 1.8420
GB0008847096
Purchase
2,000
GBP 1.8465
GB0008847096
Purchase
31,148
GBP 1.8485
GB0008847096
Purchase
43,982
GBP 1.8490
GB0008847096
Purchase
13,954
GBP 1.8500
GB0008847096
Sale
1,229
GBP 1.7765
GB0008847096
Sale
1,035
GBP 1.7805
GB0008847096
Sale
1,211
GBP 1.7905
GB0008847096
Sale
680
GBP 1.7965
GB0008847096
Sale
2,131
GBP 1.7975
GB0008847096
Sale
1,344
GBP 1.8005
GB0008847096
Sale
2,509
GBP 1.8020
GB0008847096
Sale
1,362
GBP 1.8035
GB0008847096
Sale
1,140
GBP 1.8060
GB0008847096
Sale
1,094
GBP 1.8095
GB0008847096
Sale
2,040
GBP 1.8110
GB0008847096
Sale
1,526
GBP 1.8140
GB0008847096
Sale
2,782
GBP 1.8170
GB0008847096
Sale
2,376
GBP 1.8200
GB0008847096
Sale
2,075
GBP 1.8205
GB0008847096
Sale
3,214
GBP 1.8210
GB0008847096
Sale
2,588
GBP 1.8215
GB0008847096
Sale
6,333
GBP 1.8220
GB0008847096
Sale
2,868
GBP 1.8225
GB0008847096
Sale
6,953
GBP 1.8230
GB0008847096
Sale
7,004
GBP 1.8235
GB0008847096
Sale
3,029
GBP 1.8240
GB0008847096
Sale
9,519
GBP 1.8245
GB0008847096
Sale
2,251
GBP 1.8250
GB0008847096
Sale
10,426
GBP 1.8260
GB0008847096
Sale
1,967
GBP 1.8265
GB0008847096
Sale
1,424
GBP 1.8270
GB0008847096
Sale
8,889
GBP 1.8275
GB0008847096
Sale
15,437
GBP 1.8280
GB0008847096
Sale
15,292
GBP 1.8285
GB0008847096
Sale
5,830
GBP 1.8290
GB0008847096
Sale
10,994
GBP 1.8295
GB0008847096
Sale
19,945
GBP 1.8300
GB0008847096
Sale
7,031
GBP 1.8305
GB0008847096
Sale
1,222
GBP 1.8315
GB0008847096
Sale
1,495
GBP 1.8325
GB0008847096
Sale
1,105
GBP 1.8330
GB0008847096
Sale
2,123
GBP 1.8335
GB0008847096
Sale
1,424
GBP 1.8345
GB0008847096
Sale
1,028
GBP 1.8360
GB0008847096
Sale
1,248
GBP 1.8370
GB0008847096
Sale
25,000
GBP 1.8390
GB0008847096
Sale
25,000
GBP 1.8400
GB0008847096
Sale
867,740
GBP 1.8420
GB0008847096
Sale
2,820
GBP 1.8445
GB0008847096
Sale
15,813
GBP 1.8450
GB0008847096
Sale
8,820
GBP 1.8460
GB0008847096
Sale
1,702
GBP 1.8470
GB0008847096
Sale
1,620
GBP 1.8475
GB0008847096
Sale
9,011
GBP 1.8495
(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





(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"
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"
None
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached?
YES
Date of disclosure:
23 August 2017
Contact name:
David Burfoot
Telephone number:
0207 595 9695
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:
BNP PARIBAS GROUP 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
Type
e.g. American, European etc.
Expiry date
Ordinary shares
Put Option
Purchased
1,000,000
GBp100
American
18/09/2020
Ordinary shares
Put Option
Purchased
4,340,000
GBp180
American
15/12/2017
Ordinary shares
Put Option
Purchased
1,500,000
GBp160
American
21/12/2018
Ordinary shares
Call Option
Written
4,100,000
GBp230
American
15/09/2017
Ordinary shares
Put Option
Written
1,000,000
GBp190
American
17/12/2017
Ordinary shares
Put Option
Written
2,000,000
GBp100
American
18/12/2020
Ordinary shares
Put Option
Written
3,000,000
GBp100
American
16/10/2020
Ordinary shares
Put Option
Written
1,700,000
GBp100
American
18/12/2020
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
RETPJMJTMBTTBIR