REG - Societe Generale SA Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>

TescoAnnouncement

10/05/2017 10:40

RNS Number : 7282E
Societe Generale SA
10 May 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:
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
09/05/2017
(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: 15,211,240 Shares Interests and 44,668,618 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:
15,212,740
0.19
44,668,618
0.55
(2) Cash-settled derivatives:
38,664,622
0.47
5,991,271
0.07
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
2,250,000
0.03
9,101,000
0.11
 TOTAL:
56,127,362
0.69
59,760,889
0.73
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
2,326
1.8105
Ordinary
Purchase
2,326
1.81
Ordinary
Purchase
2,330
1.809
Ordinary
Purchase
2,334
1.8075
Ordinary
Purchase
2,324
1.813
Ordinary
Purchase
2,325
1.813
Ordinary
Purchase
2,325
1.8125
Ordinary
Purchase
235
1.8105
Ordinary
Purchase
7,400
1.8105
Ordinary
Purchase
2,326
1.811
Ordinary
Purchase
959
1.8105
Ordinary
Purchase
2,325
1.81
Ordinary
Purchase
2,327
1.8105
Ordinary
Purchase
2,319
1.815
Ordinary
Purchase
2,327
1.8115
Ordinary
Purchase
2,327
1.811
Ordinary
Purchase
2,324
1.814
Ordinary
Purchase
2,397
1.8065
Ordinary
Purchase
3,781
1.807
Ordinary
Purchase
4,069
1.807
Ordinary
Purchase
2,117
1.811
Ordinary
Purchase
3,000
1.811
Ordinary
Purchase
2,325
1.813
Ordinary
Purchase
2,320
1.8125
Ordinary
Purchase
1,100
1.814
Ordinary
Purchase
13,170
1.8105
Ordinary
Purchase
1,224
1.814
Ordinary
Purchase
2,329
1.8105
Ordinary
Purchase
2,325
1.8105
Ordinary
Purchase
2,325
1.8115
Ordinary
Purchase
2,324
1.8115
Ordinary
Purchase
2,326
1.8115
Ordinary
Purchase
2,398
1.8055
Ordinary
Purchase
2,465
1.805
Ordinary
Purchase
2,320
1.8165
Ordinary
Purchase
1,703
1.8165
Ordinary
Purchase
617
1.8165
Ordinary
Purchase
2,323
1.813
Ordinary
Purchase
2,325
1.813
Ordinary
Purchase
2,583
1.811
Ordinary
Purchase
2,333
1.8065
Ordinary
Purchase
2,324
1.8115
Ordinary
Purchase
1,916
1.813
Ordinary
Purchase
1,916
1.813
Ordinary
Purchase
500
1.813
Ordinary
Purchase
1,504
1.813
Ordinary
Purchase
1,610
1.813
Ordinary
Purchase
100
1.813
Ordinary
Purchase
2,322
1.8125
Ordinary
Purchase
879
1.809
Ordinary
Purchase
1,451
1.809
Ordinary
Purchase
2,330
1.8085
Ordinary
Purchase
2,321
1.812
Ordinary
Purchase
2,323
1.8115
Ordinary
Purchase
864
1.813
Ordinary
Purchase
1,459
1.813
Ordinary
Purchase
2,316
1.8165
Ordinary
Purchase
2,316
1.8165
Ordinary
Purchase
39
1.809
Ordinary
Purchase
1,693
1.809
Ordinary
Purchase
1,513
1.809
Ordinary
Purchase
1,485
1.809
Ordinary
Purchase
12,425
1.8105
Ordinary
Purchase
2,500
1.807
Ordinary
Purchase
3,000
1.809
Ordinary
Purchase
2,333
1.8065
Ordinary
Purchase
1,511
1.81
Ordinary
Purchase
736
1.81
Ordinary
Purchase
1,469
1.81
Ordinary
Purchase
1,483
1.8065
Ordinary
Purchase
3,000
1.8065
Ordinary
Purchase
1,519
1.8065
Ordinary
Purchase
4,917
1.8105
Ordinary
Purchase
2,335
1.8055
Ordinary
Purchase
2,067
1.8125012
Ordinary
Purchase
44,053
1.8105
Ordinary
Purchase
2,656
1.8105
Ordinary
Purchase
22,819
1.8105
Ordinary
Purchase
93,098
1.8105
Ordinary
Purchase
522
1.8105
Ordinary
Purchase
6,589
1.8105
Ordinary
Purchase
530
1.8105
Ordinary
Purchase
5,354
1.8109993
Ordinary
Purchase
1,534
1.8170013
Ordinary
Purchase
2,496
1.8115
Ordinary
Purchase
4,162
1.8115
Ordinary
Purchase
784
1.8115
Ordinary
Purchase
1,691
1.8115
Ordinary
Purchase
1,326
1.8115
Ordinary
Purchase
1,918
1.8105
Ordinary
Purchase
42,039
1.8105
Ordinary
Purchase
4,023
1.8105
Ordinary
Purchase
4,387
1.8105
Ordinary
Purchase
1,055
1.8105
Ordinary
Purchase
1,582
1.8105
Ordinary
Purchase
669
1.8105
Ordinary
Sale
24,624
1.8105
Ordinary
Sale
4,023
1.8105
Ordinary
Sale
5,548
1.8105
Ordinary
Sale
42,039
1.8105
Ordinary
Sale
28,238
1.8105
Ordinary
Sale
4,653
1.8105
Ordinary
Sale
19,971
1.8105
Ordinary
Sale
6,249
1.8105
Ordinary
Sale
7,259
1.8105
Ordinary
Sale
189
1.8105
Ordinary
Sale
1,582
1.8105
Ordinary
Sale
28,891
1.8105
Ordinary
Sale
12,425
1.8105
Ordinary
Sale
1,055
1.8105
Ordinary
Sale
4,568
1.8105
Ordinary
Sale
18,696
1.8105
Ordinary
Sale
2,000
1.8165
Ordinary
Sale
212
1.8165
Ordinary
Sale
1,803
1.806
Ordinary
Sale
1,169
1.806
Ordinary
Sale
8,139
1.815
Ordinary
Sale
1,960
1.8155
Ordinary
Sale
2,775
1.805
Ordinary
Sale
1,209
1.805
Ordinary
Sale
2,466
1.801
Ordinary
Sale
4,637
1.8165
Ordinary
Sale
2,274
1.8165
Ordinary
Sale
1,394
1.8165
Ordinary
Sale
212
1.8165
Ordinary
Sale
2,316
1.8165
Ordinary
Sale
2,046
1.8165
Ordinary
Sale
1,918
1.8105
Ordinary
Sale
801
1.817
Ordinary
Sale
2,000
1.817
Ordinary
Sale
1,443
1.815
Ordinary
Sale
724
1.8115
Ordinary
Sale
1,733
1.8115
Ordinary
Sale
1,644
1.801
Ordinary
Sale
4,346
1.817
Ordinary
Sale
547
1.817
Ordinary
Sale
2
1.8045
Ordinary
Sale
2,209
1.8045
Ordinary
Sale
6,768
1.8105
Ordinary
Sale
37
1.8105
Ordinary
Sale
48,318
1.8105
Ordinary
Sale
1,113
1.8105
Ordinary
Sale
40,764
1.8105
Ordinary
Sale
1,100
1.817
Ordinary
Sale
2,500
1.817
Ordinary
Sale
700
1.817
Ordinary
Sale
500
1.817
Ordinary
Sale
1,144
1.8115
Ordinary
Sale
2,500
1.8115
Ordinary
Sale
1,291
1.8165
Ordinary
Sale
41
1.81625
Ordinary
Sale
3,199
1.8015
Ordinary
Sale
3,199
1.8015
Ordinary
Sale
116,285
1.8029

Total Purchases
423,121


Total Sales
491,448

(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





(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:
10/05/2017
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
1,000
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
30,000
1.600
American options
15/06/2018
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
Purchase
5,000
1.400
American options
16/03/2018
Ordinary Shares
Listed Put Option
Purchase
500,000
1.900
American options
15/12/2017
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 RNS
The company news service from the London Stock Exchange
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