REG - Societe Generale SA Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 0761XSociete Generale SA16 February 2017FORM 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
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
15/02/2017
(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: 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: 10,288,696 Shares interests and 33,993,493 short position
ADR (referencing the ordinary): 1,500 equivalent Shares interests and 0 equivalent Shares as short position
Where (1 ADR = 3 ordinary shares)
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
10,290,196
0.13
33,993,493
0.42
(2) Cash-settled derivatives:
28,399,718
0.35
10,298,858
0.13
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
2,250,000
0.03
9,819,000
0.12
TOTAL:
40,939,914
0.50
54,111,351
0.66
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
GBP
Ordinary
Purchase
6,664
1.96475
Ordinary
Purchase
1,294
1.9625
Ordinary
Purchase
1,356
1.9625
Ordinary
Purchase
20
1.9625
Ordinary
Purchase
42
1.9625
Ordinary
Purchase
1,958
1.9625
Ordinary
Purchase
505
1.967
Ordinary
Purchase
1,065
1.967
Ordinary
Purchase
5,799
1.964
Ordinary
Purchase
1,471
1.964
Ordinary
Purchase
253
1.9605
Ordinary
Purchase
1,491
1.9605
Ordinary
Purchase
1,616
1.9625
Ordinary
Purchase
1,574
1.966
Ordinary
Purchase
662
1.966
Ordinary
Purchase
248
1.9605
Ordinary
Purchase
2,000
1.9615
Ordinary
Purchase
997
1.9605
Ordinary
Purchase
1,607
1.968
Ordinary
Purchase
3,000
1.968
Ordinary
Purchase
13
1.968
Ordinary
Purchase
981
1.968
Ordinary
Purchase
1,198
1.9685
Ordinary
Purchase
2,161
1.967
Ordinary
Purchase
2,154
1.9655
Ordinary
Purchase
2,161
1.9655
Ordinary
Purchase
2,156
1.9655
Ordinary
Purchase
1,057
1.9665
Ordinary
Purchase
1,089
1.9665
Ordinary
Purchase
1,064
1.9665
Ordinary
Purchase
101
1.9655
Ordinary
Purchase
2,160
1.962
Ordinary
Purchase
2,156
1.9655
Ordinary
Purchase
2,215
1.9645
Ordinary
Purchase
1,467
1.966
Ordinary
Purchase
1,018
1.963
Ordinary
Purchase
1,138
1.9635
Ordinary
Purchase
2,156
1.964
Ordinary
Purchase
2,158
1.961
Ordinary
Purchase
689
1.964
Ordinary
Purchase
9
1.9665
Ordinary
Purchase
376
1.9595
Ordinary
Purchase
599
1.9595
Ordinary
Purchase
1,020
1.966
Ordinary
Purchase
2,224
1.9655
Ordinary
Purchase
245
1.96
Ordinary
Purchase
2,426
1.96
Ordinary
Purchase
907
1.96
Ordinary
Purchase
1,570
1.96
Ordinary
Purchase
2,500
1.965
Ordinary
Purchase
1,071
1.9645
Ordinary
Purchase
1,338
1.9645
Ordinary
Purchase
1,338
1.9635
Ordinary
Purchase
970
1.9635
Ordinary
Purchase
2,500
1.9605
Ordinary
Purchase
798
1.9645
Ordinary
Purchase
603
1.9645
Ordinary
Purchase
1,861
1.9645
Ordinary
Purchase
1,420
1.964
Ordinary
Purchase
548
1.9625
Ordinary
Purchase
1,866
1.9625
Ordinary
Purchase
1,523
1.96
Ordinary
Purchase
2,160
1.967
Ordinary
Purchase
1,338
1.9655
Ordinary
Purchase
599
1.96
Ordinary
Purchase
1,991
1.96
Ordinary
Purchase
356
1.96
Ordinary
Purchase
2,500
1.9645
Ordinary
Purchase
2,000
1.96
Ordinary
Purchase
1,623
1.964
Ordinary
Purchase
469
1.964
Ordinary
Purchase
1,365
1.965
Ordinary
Purchase
3
1.9645
Ordinary
Purchase
1,170
1.9645
Ordinary
Purchase
401
1.967
Ordinary
Purchase
913
1.967
Ordinary
Purchase
828
1.9655
Ordinary
Purchase
1,327
1.9655
Ordinary
Purchase
839
1.967
Ordinary
Purchase
3,590
1.9655
Ordinary
Purchase
96
1.9655
Ordinary
Purchase
146
1.9655
Ordinary
Purchase
2,154
1.9615
Ordinary
Purchase
3,397
1.966
Ordinary
Purchase
836
1.9645
Ordinary
Purchase
1,488
1.9685
Ordinary
Purchase
481
1.965
Ordinary
Purchase
927
1.965
Ordinary
Purchase
1,026
1.9675
Ordinary
Purchase
3,185
1.9675
Ordinary
Purchase
2,500
1.9625
Ordinary
Purchase
1,287
1.967
Ordinary
Purchase
1,338
1.967
Ordinary
Purchase
797
1.964
Ordinary
Purchase
4,142
1.964
Ordinary
Purchase
1,613
1.965
Ordinary
Purchase
2,162
1.9625
Ordinary
Purchase
668
1.9645
Ordinary
Purchase
1,493
1.9645
Ordinary
Purchase
2,500
1.965
Ordinary
Purchase
494
1.965
Ordinary
Purchase
357
1.965
Ordinary
Purchase
2,642
1.9625
Ordinary
Purchase
595
1.9625
Ordinary
Purchase
2,217
1.962
Ordinary
Purchase
2,162
1.9605
Ordinary
Purchase
4,420
1.963
Ordinary
Purchase
2,161
1.963
Ordinary
Purchase
2,164
1.9615
Ordinary
Purchase
2,163
1.9615
Ordinary
Purchase
2,096
1.965
Ordinary
Purchase
3,004
1.967
Ordinary
Purchase
2,500
1.967
Ordinary
Purchase
2,162
1.965
Ordinary
Purchase
2,164
1.9615
Ordinary
Purchase
2,500
1.964
Ordinary
Purchase
1,696
1.964
Ordinary
Purchase
3,833
1.964
Ordinary
Purchase
1,091
1.964
Ordinary
Purchase
3,632
1.962
Ordinary
Purchase
3,914
1.9625
Ordinary
Purchase
3,772
1.9605
Ordinary
Purchase
3,867
1.9615
Ordinary
Purchase
3,959
1.961
Ordinary
Purchase
2,162
1.964
Ordinary
Purchase
2,500
1.963
Ordinary
Purchase
661
1.966
Ordinary
Purchase
5,129
1.966
Ordinary
Purchase
3,633
1.967
Ordinary
Purchase
505
1.96
Ordinary
Purchase
3,147
1.96
Ordinary
Purchase
4,492
1.9605
Ordinary
Purchase
4,543
1.96
Ordinary
Purchase
2,048
1.965
Ordinary
Purchase
113
1.965
Ordinary
Purchase
295
1.9735
Ordinary
Purchase
1,378
1.974
Ordinary
Purchase
993
1.9735
Ordinary
Purchase
3,857
1.9685
Ordinary
Purchase
1,467
1.9595
Ordinary
Purchase
697
1.9595
Ordinary
Purchase
2,164
1.96
Ordinary
Purchase
7,181
1.9685
Ordinary
Purchase
8,874
1.9685
Ordinary
Purchase
60,133
1.9685
Ordinary
Purchase
4,719
1.9685
Ordinary
Purchase
335
1.9685
Ordinary
Purchase
8,982
1.9685
Ordinary
Purchase
65
1.965
Ordinary
Purchase
2,153
1.967
Ordinary
Purchase
150
1.965
Ordinary
Purchase
310
1.965
Ordinary
Purchase
710
1.965
Ordinary
Purchase
91
1.9655
Ordinary
Purchase
178
1.9655
Ordinary
Purchase
285
1.9655
Ordinary
Purchase
527
1.9665
Ordinary
Purchase
1,071
1.9685
Ordinary
Purchase
1,359
1.9595
Ordinary
Purchase
5,070
1.9595
Ordinary
Purchase
293
1.967
Ordinary
Purchase
1,737
1.964
Ordinary
Purchase
2,156
1.968
Ordinary
Purchase
236
1.967
Ordinary
Purchase
2,834
1.967
Ordinary
Purchase
1,800
1.961
Ordinary
Purchase
66,013
1.9685
Ordinary
Purchase
21,202
1.9685
Ordinary
Purchase
2,789
1.968
Ordinary
Purchase
11,171
1.9685
Ordinary
Purchase
1,850
1.9655
Ordinary
Purchase
39,300
1.962801
Ordinary
Sale
975
1.96
Ordinary
Sale
1,192
1.9645
Ordinary
Sale
1,976
1.9645
Ordinary
Sale
1,220
1.9645
Ordinary
Sale
1,547
1.964
Ordinary
Sale
1,295
1.964
Ordinary
Sale
1,736
1.964
Ordinary
Sale
2,291
1.9665
Ordinary
Sale
453
1.96
Ordinary
Sale
567
1.96
Ordinary
Sale
1,247
1.9595
Ordinary
Sale
233
1.9595
Ordinary
Sale
79
1.963
Ordinary
Sale
597
1.964
Ordinary
Sale
657
1.9615
Ordinary
Sale
542
1.968
Ordinary
Sale
534
1.9645
Ordinary
Sale
105
1.9635
Ordinary
Sale
8
1.9675
Ordinary
Sale
576
1.964
Ordinary
Sale
88
1.968
Ordinary
Sale
694
1.968
Ordinary
Sale
573
1.966
Ordinary
Sale
687
1.9595
Ordinary
Sale
2,500
1.9615
Ordinary
Sale
390
1.9615
Ordinary
Sale
140
1.969
Ordinary
Sale
5
1.962
Ordinary
Sale
898
1.964
Ordinary
Sale
795
1.96775
Ordinary
Sale
4,719
1.9685
Ordinary
Sale
1,973
1.9645
Ordinary
Sale
2,500
1.9665
Ordinary
Sale
1,338
1.96
Ordinary
Sale
7,289
1.965
Ordinary
Sale
2,500
1.9605
Ordinary
Sale
573
1.9685
Ordinary
Sale
2,162
1.9645
Ordinary
Sale
2,162
1.965
Ordinary
Sale
3,442
1.9675
Ordinary
Sale
4,887
1.9625
Ordinary
Sale
2,054
1.9625
Ordinary
Sale
7,691
1.9645
Ordinary
Sale
8,521
1.9625
Ordinary
Sale
8,055
1.96
Ordinary
Sale
262
1.96
Ordinary
Sale
2,163
1.9645
Ordinary
Sale
1,930
1.964
Ordinary
Sale
2,162
1.965
Ordinary
Sale
1,295
1.964
Ordinary
Sale
1,632
1.964
Ordinary
Sale
1,995
1.9645
Ordinary
Sale
168
1.9645
Ordinary
Sale
1,685
1.963
Ordinary
Sale
479
1.963
Ordinary
Sale
1,876
1.9645
Ordinary
Sale
2,167
1.96
Ordinary
Sale
2,162
1.9645
Ordinary
Sale
953
1.9685
Ordinary
Sale
4,460
1.9685
Ordinary
Sale
28,406
1.9685
Ordinary
Sale
1,359
1.9645
Ordinary
Sale
803
1.9645
Ordinary
Sale
24
1.9665
Ordinary
Sale
1,792
1.9685
Ordinary
Sale
28,942
1.9685
Ordinary
Sale
1,853
1.9685
Ordinary
Sale
3,211
1.9685
Ordinary
Sale
5,275
1.9685
Ordinary
Sale
17,957
1.9685
Ordinary
Sale
17,719
1.9685
Ordinary
Sale
2,862
1.9685
Ordinary
Sale
7,181
1.9685
Ordinary
Sale
2,118
1.9685
Ordinary
Sale
3,211
1.9685
Ordinary
Sale
15,859
1.9685
Ordinary
Sale
29,206
1.9685
Ordinary
Sale
11,171
1.9685
Ordinary
Sale
60,133
1.9685
Ordinary
Sale
3,211
1.9685
Ordinary
Sale
3,054
1.9685
Ordinary
Sale
16,370
1.9685
Ordinary
Sale
4,305
1.9685
Ordinary
Sale
16,380
1.9685
Ordinary
Sale
69
1.9615
Ordinary
Sale
361
1.968504155
Ordinary
Sale
184
1.9685
Ordinary
Sale
56
1.9775
Ordinary
Sale
100
1.969
Ordinary
Sale
1,031
1.9605
Ordinary
Sale
359
1.9655
Total Purchases
499,257
Total Sales
394,417
(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 GBP
Ordinary
Euro Medium Term Note
Increasing a short position
517
1.9685
Ordinary
Euro Medium Term Note
Increasing a short position
22
1.9685
Ordinary
Euro Medium Term Note
Reducing a short position
540
1.9685
(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 GBP
(ii) Exercise
Class of relevant security
Product description
e.g. call option
Exercising/ exercised against
Number of securities
Exercise price per unit 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) GBP
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:
16/02/2017
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.
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:
SOCIETE GENERALE 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
EUR
Type
e.g. American, European etc.
Expiry date
Ordinary Shares
Listed Call Option
Sale
1,000
2.200
American options
19/01/2018
Ordinary Shares
Listed Call Option
Sale
5,000,000
2.600
American options
15/12/2017
Ordinary Shares
Listed Put Option
Purchase
3,000,000
1.200
American options
15/12/2017
Ordinary Shares
Listed Put Option
Purchase
1,253,000
1.600
American options
17/03/2017
Ordinary Shares
Listed Put Option
Purchase
1,000
1.600
American options
19/01/2018
Ordinary Shares
Listed Put Option
Purchase
35,000
1.700
American options
16/06/2017
Ordinary Shares
Listed Put Option
Purchase
14,000
1.800
American options
16/06/2017
Ordinary Shares
Listed Put Option
Purchase
15,000
1.950
American options
15/12/2017
Ordinary Shares
Listed Put Option
Purchase
500,000
2.400
American options
21/12/2018
Ordinary Shares
Listed Put Option
Sale
2,250,000
1
American options
18/09/2020
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 RNSThe company news service from the London Stock ExchangeENDRETEAEAKFFFXEFF
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