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

TescoAnnouncement

06/12/2017 14:51

RNS Number : 5935Y
BNP Paribas London
06 December 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
05 December 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:
11,122,060
0.14


(2) Cash-settled derivatives:


1,925,264
0.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
8,092,000
0.10
11,169,000
0.14
 TOTAL:
19,214,060
0.23
13,094,264
0.16
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
6,133
1.9990
GB0008847096
Purchase
125
2.0095
GB0008847096
Purchase
1,072,911
2.0100
GB0008847096
Purchase
126
2.0105
GB0008847096
Purchase
627
2.0110
GB0008847096
Purchase
2,204
2.0115
GB0008847096
Purchase
9,308
2.0120
GB0008847096
Purchase
11,272
2.0125
GB0008847096
Purchase
3,988
2.0130
GB0008847096
Purchase
18,449
2.0135
GB0008847096
Purchase
18,974
2.0140
GB0008847096
Purchase
15,586
2.0145
GB0008847096
Purchase
25,945
2.0150
GB0008847096
Purchase
29,563
2.0155
GB0008847096
Purchase
11,168
2.0160
GB0008847096
Purchase
26,982
2.0165
GB0008847096
Purchase
32,527
2.0170
GB0008847096
Purchase
4,284
2.0175
GB0008847096
Purchase
1,630
2.0180
GB0008847096
Purchase
125
2.0185
GB0008847096
Purchase
2,888
2.0190
GB0008847096
Purchase
5,242
2.0195
GB0008847096
Purchase
13,354
2.0200
GB0008847096
Purchase
28,413
2.0205
GB0008847096
Purchase
34,996
2.0210
GB0008847096
Purchase
2,241
2.0215
GB0008847096
Purchase
125
2.0220
GB0008847096
Purchase
2,547
2.0225
GB0008847096
Purchase
6,014
2.0230
GB0008847096
Purchase
3,266
2.0235
GB0008847096
Purchase
4,575
2.0240
GB0008847096
Purchase
4,819
2.0245
GB0008847096
Purchase
14,867
2.0250
GB0008847096
Purchase
5,896
2.0255
GB0008847096
Purchase
12,999
2.0260
GB0008847096
Purchase
10,011
2.0265
GB0008847096
Purchase
10,785
2.0270
GB0008847096
Purchase
54
2.0273
GB0008847096
Purchase
21,419
2.0275
GB0008847096
Purchase
512
2.0278
GB0008847096
Purchase
11,360
2.0280
GB0008847096
Purchase
6,608
2.0285
GB0008847096
Purchase
10,659
2.0290
GB0008847096
Purchase
2,628
2.0295
GB0008847096
Purchase
4,526
2.0300
GB0008847096
Purchase
3,212
2.0305
GB0008847096
Purchase
1,804
2.0310
GB0008847096
Purchase
2,007
2.0315
GB0008847096
Purchase
2,594
2.0320
GB0008847096
Purchase
2,233
2.0325
GB0008847096
Purchase
8,549
2.0330
GB0008847096
Purchase
4,892
2.0335
GB0008847096
Purchase
22,027
2.0340
GB0008847096
Purchase
3,962
2.0345
GB0008847096
Purchase
8,949
2.0350
GB0008847096
Purchase
13,444
2.0355
GB0008847096
Purchase
20,131
2.0360
GB0008847096
Purchase
34,956
2.0365
GB0008847096
Purchase
63,867
2.0370
GB0008847096
Purchase
52,453
2.0375
GB0008847096
Purchase
9,038
2.0380
GB0008847096
Purchase
2,887
2.0385
GB0008847096
Purchase
11,424
2.0390
GB0008847096
Purchase
6,326
2.0395
GB0008847096
Purchase
18,978
2.0400
GB0008847096
Purchase
3,425
2.0403
GB0008847096
Purchase
22,995
2.0405
GB0008847096
Purchase
2,052
2.0410
GB0008847096
Purchase
752
2.0415
GB0008847096
Purchase
626
2.0420
GB0008847096
Purchase
126
2.0425
GB0008847096
Purchase
627
2.0430
GB0008847096
Purchase
627
2.0435
GB0008847096
Purchase
2,064
2.0440
GB0008847096
Purchase
125
2.0445
GB0008847096
Purchase
2,509
2.0450
GB0008847096
Purchase
125
2.0455
GB0008847096
Sale
31,611
1.9995
GB0008847096
Sale
1,919
2.0085
GB0008847096
Sale
52,466
2.0100
GB0008847096
Sale
51,242
2.0105
GB0008847096
Sale
25,744
2.0110
GB0008847096
Sale
23,664
2.0115
GB0008847096
Sale
138,892
2.0120
GB0008847096
Sale
53,981
2.0125
GB0008847096
Sale
1,466
2.0130
GB0008847096
Sale
9,742
2.0135
GB0008847096
Sale
8,954
2.0140
GB0008847096
Sale
12,239
2.0145
GB0008847096
Sale
31,472
2.0150
GB0008847096
Sale
99,928
2.0155
GB0008847096
Sale
558
2.0160
GB0008847096
Sale
19,062
2.0165
GB0008847096
Sale
101,473
2.0170
GB0008847096
Sale
3,706
2.0175
GB0008847096
Sale
27,018
2.0180
GB0008847096
Sale
6,907
2.0185
GB0008847096
Sale
3,250
2.0190
GB0008847096
Sale
123,773
2.0195
GB0008847096
Sale
141,591
2.0200
GB0008847096
Sale
1,228
2.0205
GB0008847096
Sale
13,536
2.0210
GB0008847096
Sale
78,143
2.0215
GB0008847096
Sale
1,660
2.0220
GB0008847096
Sale
1,763
2.0230
GB0008847096
Sale
2,185
2.0235
GB0008847096
Sale
4,196
2.0240
GB0008847096
Sale
6,930
2.0245
GB0008847096
Sale
26,817
2.0250
GB0008847096
Sale
52,799
2.0255
GB0008847096
Sale
15,986
2.0260
GB0008847096
Sale
53,673
2.0265
GB0008847096
Sale
66,963
2.0270
GB0008847096
Sale
4,113
2.0275
GB0008847096
Sale
1,250
2.0278
GB0008847096
Sale
11,040
2.0280
GB0008847096
Sale
10,816
2.0285
GB0008847096
Sale
59,955
2.0290
GB0008847096
Sale
28,105
2.0295
GB0008847096
Sale
1,319
2.0300
GB0008847096
Sale
612
2.0305
GB0008847096
Sale
2,212
2.0320
GB0008847096
Sale
1,524
2.0325
GB0008847096
Sale
11,924
2.0350
GB0008847096
Sale
5,677
2.0355
GB0008847096
Sale
13,480
2.0360
GB0008847096
Sale
11,271
2.0365
GB0008847096
Sale
21,198
2.0370
GB0008847096
Sale
3,567
2.0375
GB0008847096
Sale
1,266
2.0380
GB0008847096
Sale
3,636
2.0385
GB0008847096
Sale
8,344
2.0395
GB0008847096
Sale
18,356
2.0400
GB0008847096
Sale
9,183
2.0435
GB0008847096
Sale
9,433
2.0440
GB0008847096
Sale
29,671
2.0445
(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:
6 December 2017
Contact name:
Charles Brown
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
4,000,000
GBp195
American
15/12/2017
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
50,000
GBp195
American
21/12/2018
Ordinary shares
Put Option
Purchased
279,000
GBp180
American
15/12/2017
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
Ordinary shares
Call Option
Purchased
239,000
GBp190
American
16/02/2018
Ordinary shares
Call Option
Purchased
153,000
GBp190
American
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
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