REG - Societe Generale SA Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 3037XSociete Generale SA20 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
17/02/2017
(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: 10,587,581 Shares interests and 34,051,560 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:
10,589,081
0.13
34,051,560
0.42
(2) Cash-settled derivatives:
28,345,662
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:
41,184,743
0.50
54,169,418
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
3,172
1.9575
Ordinary
Purchase
1,066
1.9575
Ordinary
Purchase
745
1.9575
Ordinary
Purchase
166
1.9575
Ordinary
Purchase
2,577
1.9575
Ordinary
Purchase
2,428
1.9575
Ordinary
Purchase
12,831
1.9575
Ordinary
Purchase
4,410
1.9575
Ordinary
Purchase
851
1.9575
Ordinary
Purchase
668
1.9575
Ordinary
Purchase
9,633
1.9595
Ordinary
Purchase
349
1.9515
Ordinary
Purchase
1,847
1.9515
Ordinary
Purchase
2,200
1.958
Ordinary
Purchase
2,036
1.958
Ordinary
Purchase
2,200
1.952
Ordinary
Purchase
2,191
1.9575
Ordinary
Purchase
3,534
1.9535
Ordinary
Purchase
2,200
1.9535
Ordinary
Purchase
2,199
1.9505
Ordinary
Purchase
971
1.9555
Ordinary
Purchase
800
1.9555
Ordinary
Purchase
416
1.9555
Ordinary
Purchase
2,500
1.953
Ordinary
Purchase
2,186
1.9555
Ordinary
Purchase
2,191
1.958
Ordinary
Purchase
2,191
1.957
Ordinary
Purchase
2,299
1.955
Ordinary
Purchase
2,300
1.9545
Ordinary
Purchase
2,500
1.9555
Ordinary
Purchase
2,197
1.9525
Ordinary
Purchase
1,533
1.9555
Ordinary
Purchase
1,303
1.953
Ordinary
Purchase
4,000
1.953
Ordinary
Purchase
1,028
1.953
Ordinary
Purchase
1,280
1.953
Ordinary
Purchase
915
1.953
Ordinary
Purchase
1,648
1.953
Ordinary
Purchase
2,186
1.956
Ordinary
Purchase
2,194
1.9565
Ordinary
Purchase
2,191
1.956
Ordinary
Purchase
284
1.9515
Ordinary
Purchase
1,914
1.9515
Ordinary
Purchase
2,576
1.96
Ordinary
Purchase
2,500
1.9565
Ordinary
Purchase
2,196
1.952
Ordinary
Purchase
14,437
1.954
Ordinary
Purchase
2,444
1.958
Ordinary
Purchase
1,697
1.958
Ordinary
Purchase
2,500
1.957
Ordinary
Purchase
2,412
1.9565
Ordinary
Purchase
1,750
1.9565
Ordinary
Purchase
750
1.9565
Ordinary
Purchase
1,350
1.9555
Ordinary
Purchase
836
1.9555
Ordinary
Purchase
1,309
1.9555
Ordinary
Purchase
878
1.9555
Ordinary
Purchase
2,198
1.9515
Ordinary
Purchase
1,108
1.9575
Ordinary
Purchase
1,082
1.9575
Ordinary
Purchase
2,187
1.955
Ordinary
Purchase
426
1.9555
Ordinary
Purchase
1,760
1.9555
Ordinary
Purchase
2,186
1.9555
Ordinary
Purchase
2,186
1.9555
Ordinary
Purchase
148
1.9515
Ordinary
Purchase
1,532
1.9515
Ordinary
Purchase
665
1.9515
Ordinary
Purchase
323
1.9565
Ordinary
Purchase
1,862
1.9565
Ordinary
Purchase
2,185
1.9555
Ordinary
Purchase
2,184
1.9575
Ordinary
Purchase
2,251
1.9515
Ordinary
Purchase
2,130
1.954
Ordinary
Purchase
2,196
1.953
Ordinary
Purchase
2,190
1.959
Ordinary
Purchase
2,192
1.9515
Ordinary
Purchase
2,502
1.958
Ordinary
Purchase
2,208
1.9565
Ordinary
Purchase
2,225
1.957
Ordinary
Purchase
1,440
1.9555
Ordinary
Purchase
2,377
1.9575
Ordinary
Purchase
2,338
1.958
Ordinary
Purchase
2,502
1.9575
Ordinary
Purchase
2,339
1.956
Ordinary
Purchase
2,190
1.953
Ordinary
Purchase
2,187
1.9555
Ordinary
Purchase
2,191
1.9525
Ordinary
Purchase
2,027
1.953
Ordinary
Purchase
1,332
1.953
Ordinary
Purchase
689
1.953
Ordinary
Purchase
1,302
1.953
Ordinary
Purchase
1,287
1.953
Ordinary
Purchase
474
1.9495
Ordinary
Purchase
1,724
1.9495
Ordinary
Purchase
2,200
1.954
Ordinary
Purchase
2,500
1.9565
Ordinary
Purchase
2,500
1.9565
Ordinary
Purchase
2,185
1.9565
Ordinary
Purchase
382
1.956
Ordinary
Purchase
1,534
1.9545
Ordinary
Purchase
3,258
1.9545
Ordinary
Purchase
100
1.9545
Ordinary
Purchase
669
1.954
Ordinary
Purchase
1,520
1.954
Ordinary
Purchase
2,185
1.956
Ordinary
Purchase
291
1.9555
Ordinary
Purchase
1,896
1.9555
Ordinary
Purchase
2,243
1.955
Ordinary
Purchase
1,257
1.9525
Ordinary
Purchase
2,500
1.9525
Ordinary
Purchase
3,447
1.9525
Ordinary
Purchase
1,800
1.9525
Ordinary
Purchase
208
1.9525
Ordinary
Purchase
209
1.9515
Ordinary
Purchase
2,188
1.955
Ordinary
Purchase
1,989
1.9515
Ordinary
Purchase
1,902
1.954
Ordinary
Purchase
1,753
1.954
Ordinary
Purchase
441
1.954
Ordinary
Purchase
2,244
1.954
Ordinary
Purchase
2,196
1.952
Ordinary
Purchase
12,306
1.9505
Ordinary
Purchase
4,000
1.9495
Ordinary
Purchase
4,000
1.9495
Ordinary
Purchase
100
1.9495
Ordinary
Purchase
2,197
1.9515
Ordinary
Purchase
1,358
1.9495
Ordinary
Purchase
1,508
1.9495
Ordinary
Purchase
4,000
1.9495
Ordinary
Purchase
2,255
1.951
Ordinary
Purchase
2,187
1.9555
Ordinary
Purchase
1,421
1.959
Ordinary
Purchase
770
1.959
Ordinary
Purchase
2,282
1.958
Ordinary
Purchase
1,790
1.956
Ordinary
Purchase
5,010
1.956
Ordinary
Purchase
2,444
1.956
Ordinary
Purchase
1,529
1.9615
Ordinary
Purchase
1,533
1.9555
Ordinary
Purchase
2,571
1.9555
Ordinary
Purchase
248
1.952
Ordinary
Purchase
1,273
1.952
Ordinary
Purchase
227
1.952
Ordinary
Purchase
1,532
1.957
Ordinary
Purchase
13,286
1.95175
Ordinary
Purchase
1,638
1.9695
Ordinary
Purchase
2,000
1.97
Ordinary
Purchase
2,332
1.9525
Ordinary
Purchase
1,251
1.952
Ordinary
Purchase
3,250
1.953
Ordinary
Purchase
2,600
1.953
Ordinary
Purchase
4,138
1.9545
Ordinary
Purchase
1,400
1.9545
Ordinary
Purchase
2,000
1.9555
Ordinary
Purchase
2,277
1.9545
Ordinary
Purchase
2,447
1.95425
Ordinary
Purchase
1,200
1.968
Ordinary
Purchase
800
1.968
Ordinary
Purchase
1,364
1.95575
Ordinary
Purchase
509
1.956
Ordinary
Purchase
1,935
1.955
Ordinary
Purchase
2,939
1.955
Ordinary
Purchase
1,190
1.955
Ordinary
Purchase
2,000
1.97
Ordinary
Purchase
2,827
1.95
Ordinary
Purchase
50
1.9575
Ordinary
Purchase
2,032
1.9575
Ordinary
Purchase
1,550
1.955
Ordinary
Purchase
66
1.954
Ordinary
Purchase
4,581
1.953
Ordinary
Purchase
4,242
1.953
Ordinary
Purchase
560
1.953
Ordinary
Purchase
1,250
1.953
Ordinary
Purchase
84
1.953
Ordinary
Purchase
2,500
1.954
Ordinary
Purchase
638
1.954
Ordinary
Purchase
2,200
1.954
Ordinary
Purchase
2,000
1.956
Ordinary
Purchase
1,100
1.952
Ordinary
Purchase
2,670
1.95
Ordinary
Purchase
4,311
1.95
Ordinary
Purchase
1,300
1.9595
Ordinary
Purchase
551
1.9595
Ordinary
Purchase
149
1.9595
Ordinary
Purchase
2,500
1.9525
Ordinary
Purchase
7,001
1.9545
Ordinary
Purchase
7,001
1.9545
Ordinary
Purchase
3,246
1.9545
Ordinary
Purchase
2,500
1.955
Ordinary
Purchase
10,107
1.9575
Ordinary
Purchase
400
1.9525
Ordinary
Purchase
955
1.9525
Ordinary
Purchase
2,998
1.9525
Ordinary
Purchase
321,103
1.958152
Ordinary
Purchase
180,689
1.955702
Ordinary
Purchase
104,367
1.955939
Ordinary
Sale
31
1.959
Ordinary
Sale
32
1.956
Ordinary
Sale
16,055
1.96
Ordinary
Sale
1
1.96
Ordinary
Sale
1,535
1.9515
Ordinary
Sale
2,438
1.9515
Ordinary
Sale
4,464
1.9515
Ordinary
Sale
9,695
1.9515
Ordinary
Sale
5,086
1.9515
Ordinary
Sale
2,391
1.9515
Ordinary
Sale
3,957
1.9515
Ordinary
Sale
1,543
1.9515
Ordinary
Sale
800
1.9525
Ordinary
Sale
1,011
1.9525
Ordinary
Sale
1,799
1.9525
Ordinary
Sale
1,587
1.9525
Ordinary
Sale
3,415
1.9725
Ordinary
Sale
3,985
1.972
Ordinary
Sale
5,999
1.9515
Ordinary
Sale
3,830
1.9505
Ordinary
Sale
3,045
1.9505
Ordinary
Sale
664
1.955
Ordinary
Sale
3,377
1.9515
Ordinary
Sale
1,410
1.9515
Ordinary
Sale
2,175
1.955
Ordinary
Sale
5,658
1.955
Ordinary
Sale
1,643
1.9515
Ordinary
Sale
2,898
1.9515
Ordinary
Sale
2,637
1.957
Ordinary
Sale
1,071
1.957
Ordinary
Sale
7,096
1.95
Ordinary
Sale
9,833
1.9575
Ordinary
Sale
3,200
1.9645
Ordinary
Sale
2,167
1.957
Ordinary
Sale
3,560
1.957
Ordinary
Sale
1
1.9545
Ordinary
Sale
52,481
1.9575
Ordinary
Sale
12,532
1.9575
Ordinary
Sale
38,939
1.9575
Ordinary
Sale
246
1.9575
Ordinary
Sale
1
1.96
Ordinary
Sale
36
1.953
Ordinary
Sale
36
1.956
Ordinary
Sale
1
1.959
Ordinary
Sale
23
1.9555
Ordinary
Sale
8,028
1.9745
Ordinary
Sale
2,972
1.9575
Ordinary
Sale
834
1.96
Ordinary
Sale
78
1.96
Ordinary
Sale
16,055
1.96
Ordinary
Sale
2,536
1.96
Ordinary
Sale
2,943
1.96
Ordinary
Sale
17
1.96
Ordinary
Sale
6,315
1.9575
Ordinary
Sale
8,028
1.96
Ordinary
Sale
1,259
1.96
Ordinary
Sale
1,118
1.96
Ordinary
Sale
10,340
1.96
Ordinary
Sale
21,771
1.96
Ordinary
Sale
158
1.96
Ordinary
Sale
1,380
1.96
Ordinary
Sale
8,942
1.96
Ordinary
Sale
16,055
1.96
Ordinary
Sale
8,028
1.96
Ordinary
Sale
3,211
1.96
Ordinary
Sale
13,083
1.9575
Ordinary
Sale
9,740
1.9575
Ordinary
Sale
18
1.9525
Ordinary
Sale
2,000
1.971
Ordinary
Sale
791
1.95
Ordinary
Sale
976
1.95
Ordinary
Sale
2,500
1.957
Ordinary
Sale
1,285
1.953501946
Ordinary
Sale
224,772
1.952
Ordinary
Sale
231,000
1.9571
Ordinary
Sale
32,084
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
32,110
1.96
Ordinary
Sale
26
1.96
Total Purchases
1,032,512
Total Sales
1,087,497
(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
CFD
Reducing a long position
180,689
1.955702
Ordinary
CFD
Reducing a long position
104,367
1.955939
Ordinary
Future
Expiry
231,000
N/A
(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:
20/02/2017
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.
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