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REG - Citadel Group Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>

TescoAnnouncement
20/11/2017 15:05
RNS Number : 0050X
Citadel Group
20 November 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: Citadel Group
(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 17 November, 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" 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: Common Stock ISIN GB0008847096

Interests Short Positions

Number % Number %
(1) Relevant securities owned and/or controlled: 0 0.00 543,660 0.01
(2) Cash-settled derivatives: 83,307,072 1.02 0 0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 38,000 0.00 170,000 0.00
 TOTAL: 83,345,072 1.02 713,660 0.01
























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
ISIN GB0008847096 Purchase/sale Number of securities Price per unit
Common Stock Purchase 4,738 1.8165 GBP
Common Stock Purchase 1,463 1.8175 GBP
Common Stock Purchase 15,273 1.819 GBP
Common Stock Purchase 6 1.8195 GBP
Common Stock Purchase 12,418 1.82 GBP
Common Stock Purchase 20,484 1.8205 GBP
Common Stock Purchase 1,407 1.82075 GBP
Common Stock Purchase 15,934 1.821 GBP
Common Stock Purchase 4,366 1.8215 GBP
Common Stock Purchase 778 1.822 GBP
Common Stock Purchase 2,000 1.823 GBP
Common Stock Purchase 3,856 1.8235 GBP
Common Stock Purchase 2,296 1.824 GBP
Common Stock Purchase 4,168 1.8245 GBP
Common Stock Purchase 1,749 1.825 GBP
Common Stock Purchase 6,341 1.8255 GBP
Common Stock Purchase 11,533 1.826 GBP
Common Stock Purchase 5,994 1.8265 GBP
Common Stock Purchase 25,516 1.827 GBP
Common Stock Purchase 55,099 1.8275 GBP
Common Stock Purchase 28,049 1.828 GBP
Common Stock Purchase 13,933 1.8285 GBP
Common Stock Purchase 9,411 1.829 GBP
Common Stock Purchase 32,531 1.8295 GBP
Common Stock Purchase 63,561 1.83 GBP
Common Stock Purchase 186,263 1.8305 GBP
Common Stock Purchase 85,715 1.831 GBP
Common Stock Purchase 92,906 1.8315 GBP
Common Stock Purchase 84,337 1.832 GBP
Common Stock Purchase 135 1.83225 GBP
Common Stock Purchase 98,408 1.8325 GBP
Common Stock Purchase 26,709 1.833 GBP
Common Stock Purchase 45,188 1.8335 GBP
Common Stock Purchase 55,338 1.834 GBP
Common Stock Purchase 40,155 1.8345 GBP
Common Stock Purchase 131,849 1.835 GBP
Common Stock Purchase 2,992 1.83525 GBP
Common Stock Purchase 85,767 1.8355 GBP
Common Stock Purchase 55,609 1.836 GBP
Common Stock Purchase 33,847 1.8365 GBP
Common Stock Purchase 57,104 1.837 GBP
Common Stock Purchase 104,214 1.8375 GBP
Common Stock Purchase 48,798 1.838 GBP
Common Stock Purchase 17,070 1.8385 GBP
Common Stock Purchase 18,490 1.839 GBP
Common Stock Purchase 41,286 1.8395 GBP
Common Stock Purchase 9,924 1.84 GBP
Common Stock Purchase 19,869 1.8405 GBP
Common Stock Purchase 40,333 1.841 GBP
Common Stock Purchase 45,027 1.8415 GBP
Common Stock Purchase 14,490 1.842 GBP
Common Stock Purchase 25,912 1.8425 GBP
Common Stock Purchase 65,566 1.843 GBP
Common Stock Purchase 119,666 1.8435 GBP
Common Stock Purchase 55,083 1.844 GBP
Common Stock Purchase 15,448 1.8445 GBP
Common Stock Purchase 24,492 1.845 GBP
Common Stock Purchase 31,369 1.8455 GBP
Common Stock Purchase 17,919 1.846 GBP
Common Stock Sale -4,400 1.817 GBP
Common Stock Sale -3,900 1.8175 GBP
Common Stock Sale -2,000 1.818 GBP
Common Stock Sale -8,840 1.8185 GBP
Common Stock Sale -1,200 1.819 GBP
Common Stock Sale -3,629 1.8195 GBP
Common Stock Sale -4,585 1.82 GBP
Common Stock Sale -11,170 1.8205 GBP
Common Stock Sale -6,874 1.821 GBP
Common Stock Sale -9,250 1.8215 GBP
Common Stock Sale -4,395 1.8235 GBP
Common Stock Sale -7,018 1.824 GBP
Common Stock Sale -10,404 1.8245 GBP
Common Stock Sale -2,000 1.825 GBP
Common Stock Sale -16,695 1.8255 GBP
Common Stock Sale -13,500 1.826 GBP
Common Stock Sale -7,184 1.8265 GBP
Common Stock Sale -13,778 1.827 GBP
Common Stock Sale -31,028 1.8275 GBP
Common Stock Sale -21,915 1.828 GBP
Common Stock Sale -23,932 1.8285 GBP
Common Stock Sale -32,868 1.829 GBP
Common Stock Sale -14,536 1.8295 GBP
Common Stock Sale -86,279 1.83 GBP
Common Stock Sale -64,904 1.8305 GBP
Common Stock Sale -35,329 1.831 GBP
Common Stock Sale -20,729 1.8315 GBP
Common Stock Sale -65,001 1.832 GBP
Common Stock Sale -24,269 1.8325 GBP
Common Stock Sale -21,581 1.833 GBP
Common Stock Sale -74,329 1.8335 GBP
Common Stock Sale -50,715 1.834 GBP
Common Stock Sale -94,484 1.8345 GBP
Common Stock Sale -41,563 1.835 GBP
Common Stock Sale -48,755 1.8355 GBP
Common Stock Sale -9,299 1.836 GBP
Common Stock Sale -66,240 1.8365 GBP
Common Stock Sale -67,165 1.837 GBP
Common Stock Sale -72,807 1.8375 GBP
Common Stock Sale -37,767 1.838 GBP
Common Stock Sale -18,658 1.8385 GBP
Common Stock Sale -7,823 1.839 GBP
Common Stock Sale -36,247 1.8395 GBP
Common Stock Sale -57,847 1.84 GBP
Common Stock Sale -42,339 1.8405 GBP
Common Stock Sale -28,693 1.841 GBP
Common Stock Sale -15,706 1.8415 GBP
Common Stock Sale -75,828 1.842 GBP
Common Stock Sale -19,840 1.84225 GBP
Common Stock Sale -85,388 1.8425 GBP
Common Stock Sale -7,563 1.84275 GBP
Common Stock Sale -40,128 1.843 GBP
Common Stock Sale -100,950 1.8435 GBP
Common Stock Sale -57,257 1.844 GBP
Common Stock Sale -21,296 1.8445 GBP
Common Stock Sale -16,993 1.845 GBP
Common Stock Sale -13,079 1.8455 GBP
Common Stock Sale -4,333 1.846 GBP
Common Stock Sale -51,827 1.847 GBP





















(b) Cash-settled derivative transactions



















Class of relevant security
ISIN GB0008847096 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
Common Stock CFD Increasing long position 5,429 1.827444 GBP
Common Stock CFD Increasing long position 67,435 1.829378 GBP
Common Stock CFD Increasing long position 14,954 1.83025 GBP
Common Stock CFD Increasing long position 10,844 1.831966 GBP
Common Stock CFD Increasing long position 84,531 1.831972 GBP
Common Stock CFD Increasing long position 196 1.8325 GBP
Common Stock CFD Increasing long position 627 1.8325 GBP
Common Stock CFD Increasing long position 1,447 1.8325 GBP
Common Stock CFD Increasing long position 5,589 1.833241 GBP
Common Stock CFD Increasing long position 16,864 1.833511 GBP
Common Stock CFD Increasing long position 10,361 1.833791 GBP
Common Stock CFD Increasing long position 2,197 1.833901 GBP
Common Stock CFD Increasing long position 34,103 1.834126 GBP
Common Stock CFD Increasing long position 71,238 1.834664 GBP
Common Stock CFD Increasing long position 24,789 1.835187 GBP
Common Stock CFD Increasing long position 79,528 1.835536 GBP
Common Stock CFD Increasing long position 2,693 1.835749 GBP
Common Stock CFD Reducing long position -23,672 1.833438 GBP
Common Stock CFD Reducing long position -7,897 1.833438 GBP
Common Stock CFD Reducing long position -3,768 1.833438 GBP
Common Stock CFD Reducing long position -2,113 1.833438 GBP
Common Stock CFD Reducing long position -11,681 1.833689 GBP
Common Stock CFD Reducing long position -1,155 1.833689 GBP
Common Stock CFD Reducing long position -33,983 1.836264 GBP
Common Stock CFD Reducing long position -159 1.836264 GBP
Common Stock CFD Reducing long position -24,875 1.83702 GBP
Common Stock CFD Reducing long position -483 1.8425 GBP
Common Stock CFD Reducing long position -436 1.8425 GBP
Common Stock CFD Reducing long position -26,826 1.843177 GBP
Common Stock CFD Reducing long position -1,396 1.843177 GBP
Common Stock CFD Reducing long position -442 1.844 GBP
Common Stock CFD Reducing long position -121 1.8445 GBP
Common Stock CFD Reducing long position -4,765 1.844597 GBP
Common Stock CFD Reducing long position -1,938 1.844711 GBP
Common Stock CFD Reducing long position -2,417 1.8455 GBP
Common Stock CFD Reducing short position 122,505 1.834664 GBP























(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying






















Class of relevant security
ISIN
GB0008847096 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
Common Call Option Purchasing 16,000 1.9 GBP American 19/01/2018 0.0425 GBP
Common Call Option Writing -16,000 1.85 GBP American 17/11/2017 0.0025 GBP















(ii) Exercise




















Class of relevant security
ISIN
GB0008847096 Product description
e.g. call option Exercising/ exercised against Number of securities Exercise price per unit
Common Put Option Exercise 30,000 1.85 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)























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: 20 November, 2017
Contact name: Alasdair Putt
Telephone number: 020 7645 9700


















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: Citadel Group
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
ISIN
GB0008847096

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
Common Call Option Purchased 2000 1.7 USD American 15/12/2017
Common Put Option Purchased -2000 1.8 USD American 19/01/2018
Common Call Option Purchased 3000 1.9 USD American 15/12/2017
Common Call Option Purchased 20000 1.85 USD American 15/12/2017
Common Put Option Written 3000 2 USD American 16/03/2018
Common Put Option Purchased -30000 1.6 USD American 15/12/2017
Common Call Option Purchased 10000 2 USD American 16/03/2018
Common Call Option Purchased 5000 1.8 USD American 15/12/2017
Common Put Option Purchased -35000 1.6 USD American 19/01/2018
Common Call Option Purchased 23000 1.9 USD American 19/01/2018
Common Call Option Written -49000 1.95 USD American 19/01/2018
Common Put Option Purchased -30000 1.7 USD American 19/01/2018
Common Put Option Purchased -6000 1.7 USD American 16/03/2018
Common Call Option Purchased 4000 1.9 USD American 16/03/2018
Common Call Option Purchased 20000 1.95 USD American 16/03/2018
Common Put Option Purchased -35000 1.5 USD American 16/03/2018
Common Put Option Purchased -35000 1.65 USD American 19/01/2018
Common Call Option Purchased 500000 75 USD 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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TSCO — Tesco News Story

REG - Citadel Group Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>

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