Picture of Tesco logo

TSCO Tesco News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapSuper Stock

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

RNS Number : 1438H
Societe Generale SA
05 June 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

02/06/2017

(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: 16,024,321 Shares Interests and 40,361,451 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:

16,025,821

0.20

40,361,451

0.49

(2) Cash-settled derivatives:

43,680,930

0.53

5,992,849

0.07

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

2,250,000

0.03

9,101,000

0.11

TOTAL:

61,956,751

0.76

55,455,300

0.68

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

7,685

1.8255

Ordinary

Purchase

11,469

1.8255

Ordinary

Purchase

32,989

1.8255

Ordinary

Purchase

25,470

1.8255

Ordinary

Purchase

52,731

1.8255

Ordinary

Purchase

4,959

1.8255

Ordinary

Purchase

3,601

1.8255

Ordinary

Purchase

5,714

1.8255

Ordinary

Purchase

8,121

1.8255

Ordinary

Purchase

7,405

1.8255

Ordinary

Purchase

44,107

1.8255

Ordinary

Purchase

1,601

1.8304997

Ordinary

Purchase

2,142

1.8255

Ordinary

Purchase

1,260

1.823

Ordinary

Purchase

3,032

1.83

Ordinary

Purchase

2,996

1.831

Ordinary

Purchase

2,364

1.8335

Ordinary

Purchase

3,357

1.8345

Ordinary

Purchase

2,000

1.834

Ordinary

Purchase

3,029

1.833

Ordinary

Purchase

1,515

1.836

Ordinary

Purchase

2,026

1.833

Ordinary

Purchase

2,786

1.834

Ordinary

Purchase

1,457

1.83

Ordinary

Purchase

2,022

1.835

Ordinary

Purchase

1,479

1.8425

Ordinary

Purchase

1,223

1.835

Ordinary

Purchase

2,690

1.8335

Ordinary

Purchase

2,000

1.8435

Ordinary

Purchase

3,082

1.833

Ordinary

Purchase

1,196

1.829

Ordinary

Purchase

1,231

1.8235

Ordinary

Purchase

929

1.836

Ordinary

Purchase

1,549

1.836

Ordinary

Purchase

975

1.836

Ordinary

Purchase

4,122

1.8345

Ordinary

Purchase

2,642

1.834

Ordinary

Purchase

1,913

1.831

Ordinary

Purchase

845

1.8335

Ordinary

Purchase

366

1.8335

Ordinary

Purchase

2,488

1.8335

Ordinary

Purchase

2,500

1.8345

Ordinary

Purchase

1,320

1.824

Ordinary

Purchase

2,500

1.8335

Ordinary

Purchase

1,967

1.8345

Ordinary

Purchase

533

1.8345

Ordinary

Purchase

2,500

1.8345

Ordinary

Purchase

2,500

1.8335

Ordinary

Purchase

1,710

1.834

Ordinary

Purchase

1,767

1.8335

Ordinary

Purchase

2,500

1.8335

Ordinary

Purchase

1,774

1.833

Ordinary

Purchase

2,500

1.8335

Ordinary

Purchase

5,498

1.8355

Ordinary

Purchase

1,164

1.8355

Ordinary

Purchase

1,159

1.8355

Ordinary

Purchase

1,389

1.83

Ordinary

Purchase

818

1.83

Ordinary

Purchase

41

1.8355

Ordinary

Purchase

2,564

1.834

Ordinary

Purchase

2,916

1.834

Ordinary

Purchase

3,282

1.8335

Ordinary

Purchase

545

1.835

Ordinary

Purchase

1,520

1.835

Ordinary

Purchase

4,133

1.835

Ordinary

Purchase

1,548

1.833

Ordinary

Purchase

3,079

1.833

Ordinary

Purchase

2,378

1.834

Ordinary

Purchase

4,408

1.834

Ordinary

Purchase

4,311

1.835

Ordinary

Purchase

644

1.8355

Ordinary

Purchase

2,384

1.83

Ordinary

Purchase

965

1.8355

Ordinary

Purchase

4,744

1.83

Ordinary

Purchase

529

1.831

Ordinary

Purchase

4,184

1.831

Ordinary

Purchase

4,422

1.83

Ordinary

Purchase

728

1.8355

Ordinary

Purchase

1,200

1.8295

Ordinary

Purchase

681

1.833

Ordinary

Purchase

739

1.833

Ordinary

Purchase

3,042

1.833

Ordinary

Purchase

2,444

1.835

Ordinary

Purchase

1,017

1.839

Ordinary

Purchase

1,355

1.839

Ordinary

Purchase

3,250

1.834

Ordinary

Purchase

2,065

1.834

Ordinary

Purchase

312

1.834

Ordinary

Purchase

2,379

1.8325

Ordinary

Purchase

2,378

1.833

Ordinary

Purchase

2,300

1.834

Ordinary

Purchase

2,378

1.834

Ordinary

Purchase

992

1.8365

Ordinary

Purchase

1,384

1.8365

Ordinary

Purchase

2,378

1.834

Ordinary

Purchase

2,375

1.835

Ordinary

Purchase

5,454

1.832

Ordinary

Purchase

2,380

1.834

Ordinary

Purchase

3,546

1.834

Ordinary

Purchase

771

1.834

Ordinary

Purchase

3,450

1.8455

Ordinary

Purchase

2,372

1.8375

Ordinary

Purchase

736

1.834

Ordinary

Purchase

836

1.834

Ordinary

Purchase

809

1.834

Ordinary

Purchase

4,406

1.833

Ordinary

Purchase

2,673

1.83

Ordinary

Purchase

1,635

1.83

Ordinary

Purchase

185

1.8335

Ordinary

Purchase

2,328

1.8335

Ordinary

Purchase

88

1.833

Ordinary

Purchase

4,369

1.833

Ordinary

Purchase

3,883

1.833

Ordinary

Purchase

2,377

1.8355

Ordinary

Purchase

254

1.831

Ordinary

Purchase

4,127

1.831

Ordinary

Purchase

2,378

1.833

Ordinary

Purchase

723

1.8345

Ordinary

Purchase

273

1.835

Ordinary

Purchase

2,166

1.835

Ordinary

Purchase

2,333

1.8355

Ordinary

Purchase

2,377

1.8355

Ordinary

Purchase

1,423

1.836

Ordinary

Purchase

2,081

1.836

Ordinary

Purchase

2,325

1.8365

Ordinary

Purchase

2,103

1.8365

Ordinary

Purchase

436

1.8365

Ordinary

Purchase

343

1.8355

Ordinary

Purchase

2,331

1.8355

Ordinary

Purchase

2,032

1.8355

Ordinary

Purchase

3,348

1.834

Ordinary

Purchase

215

1.834

Ordinary

Purchase

1,414

1.834

Ordinary

Purchase

1,753

1.834

Ordinary

Purchase

2,380

1.834

Ordinary

Purchase

2,376

1.8355

Ordinary

Purchase

2,049

1.8355

Ordinary

Purchase

1,432

1.835

Ordinary

Purchase

944

1.835

Ordinary

Purchase

738

1.835

Ordinary

Purchase

1,504

1.835

Ordinary

Purchase

1,450

1.835

Ordinary

Purchase

1,028

1.835

Ordinary

Purchase

1,383

1.835

Ordinary

Purchase

653

1.835

Ordinary

Purchase

2,500

1.835

Ordinary

Purchase

1,568

1.835

Ordinary

Purchase

1,511

1.835

Ordinary

Purchase

2,381

1.833

Ordinary

Purchase

1,894

1.8335

Ordinary

Purchase

2,377

1.834

Ordinary

Purchase

2,377

1.834

Ordinary

Purchase

4,862

1.8335

Ordinary

Purchase

3,843

1.826

Ordinary

Purchase

2,443

1.8335

Ordinary

Purchase

765

1.8325

Ordinary

Purchase

2,500

1.8335

Ordinary

Purchase

145

1.8335

Ordinary

Purchase

1,077

1.833

Ordinary

Purchase

1,389

1.833

Ordinary

Purchase

934

1.833

Ordinary

Purchase

23

1.833

Ordinary

Purchase

1,882

1.8325

Ordinary

Purchase

745

1.833

Ordinary

Purchase

1,636

1.833

Ordinary

Purchase

1,149

1.834

Ordinary

Purchase

4,621

1.8335

Ordinary

Purchase

2,380

1.833

Ordinary

Purchase

3,384

1.834

Ordinary

Purchase

3,378

1.833

Ordinary

Purchase

2,072

1.833

Ordinary

Purchase

3,460

1.833

Ordinary

Purchase

3,121

1.833

Ordinary

Purchase

2,313

1.833

Ordinary

Purchase

1,069

1.833

Ordinary

Purchase

311

1.8355

Ordinary

Purchase

375

1.8355

Ordinary

Purchase

2,379

1.835

Ordinary

Purchase

1,816

1.8355

Ordinary

Purchase

560

1.8355

Ordinary

Purchase

126

1.826

Ordinary

Purchase

2,445

1.8325

Ordinary

Purchase

1,195

1.834

Ordinary

Purchase

1,032

1.834

Ordinary

Purchase

2,381

1.8325

Ordinary

Purchase

151

1.834

Ordinary

Purchase

4,561

1.83

Ordinary

Purchase

2,691

1.8355

Ordinary

Purchase

2,402

1.823

Ordinary

Purchase

2,278

1.8355

Ordinary

Purchase

289

1.833

Ordinary

Purchase

3,500

1.836

Ordinary

Purchase

2,401

1.823

Ordinary

Purchase

3,094

1.834

Ordinary

Purchase

2,384

1.8295

Ordinary

Purchase

2,401

1.823

Ordinary

Purchase

2,090

1.833

Ordinary

Purchase

971

1.826

Ordinary

Purchase

2,382

1.832

Ordinary

Purchase

2,507

1.8345

Ordinary

Purchase

5,117

1.8225

Ordinary

Purchase

4,708

1.8275

Ordinary

Purchase

78

1.834

Ordinary

Purchase

4,443

1.8315

Ordinary

Purchase

1,053

1.821

Ordinary

Purchase

2,962

1.832

Ordinary

Purchase

1,548

1.833

Ordinary

Purchase

3,204

1.85

Ordinary

Purchase

3,204

1.85

Ordinary

Purchase

3,204

1.85

Ordinary

Purchase

6,065

1.8255

Ordinary

Purchase

1,347

1.8255

Ordinary

Purchase

1,135

1.8255

Ordinary

Purchase

1,010

1.8255

Ordinary

Purchase

673

1.8255

Ordinary

Purchase

1,346

1.8255

Ordinary

Purchase

1,009

1.8255

Ordinary

Purchase

674

1.8255

Ordinary

Purchase

673

1.8255

Ordinary

Purchase

970

1.825861

Ordinary

Purchase

1,100,000

1.8324

Ordinary

Sale

39

1.8265

Ordinary

Sale

1,274

1.828

Ordinary

Sale

286

1.8255

Ordinary

Sale

988

1.8255

Ordinary

Sale

62

1.824

Ordinary

Sale

698

1.824

Ordinary

Sale

576

1.824

Ordinary

Sale

1,274

1.827

Ordinary

Sale

637

1.8255

Ordinary

Sale

425

1.822

Ordinary

Sale

1,776

1.8255

Ordinary

Sale

638

1.828

Ordinary

Sale

17,189

1.82825

Ordinary

Sale

1,565

1.828

Ordinary

Sale

3,601

1.8255

Ordinary

Sale

10,345

1.836

Ordinary

Sale

4,732

1.823

Ordinary

Sale

1,359

1.8235

Ordinary

Sale

6,322

1.8235

Ordinary

Sale

1,750

1.828

Ordinary

Sale

483

1.828

Ordinary

Sale

5,843

1.828

Ordinary

Sale

1,659

1.8285

Ordinary

Sale

1,100

1.8265

Ordinary

Sale

2,385

1.834

Ordinary

Sale

5,363

1.8325

Ordinary

Sale

2,384

1.8335

Ordinary

Sale

2,385

1.8335

Ordinary

Sale

2,126

1.8345

Ordinary

Sale

2,000

1.8345

Ordinary

Sale

1,450

1.8345

Ordinary

Sale

2,378

1.835

Ordinary

Sale

703

1.8445

Ordinary

Sale

1,182

1.845

Ordinary

Sale

279

1.845

Ordinary

Sale

472

1.844

Ordinary

Sale

718

1.8445

Ordinary

Sale

982

1.844

Ordinary

Sale

2,376

1.836

Ordinary

Sale

2,376

1.8365

Ordinary

Sale

2,384

1.834

Ordinary

Sale

7,323

1.835

Ordinary

Sale

2,407

1.846

Ordinary

Sale

743

1.8350067

Ordinary

Sale

56

1.8239286

Ordinary

Sale

3,895

1.8255

Ordinary

Sale

50,349

1.8255

Ordinary

Sale

4,959

1.8255

Ordinary

Sale

9,087

1.8255

Ordinary

Sale

52,731

1.8255

Ordinary

Sale

674

1.8255

Ordinary

Sale

26,921

1.8255

Ordinary

Sale

59

1.8240678

Ordinary

Sale

21,600

1.826203

Ordinary

Sale

43,900

1.825627

Ordinary

Sale

101,024

1.824247

Ordinary

Sale

20,868

1.8365

Ordinary

Sale

1,100,000

1.832436


Total Purchases

1,728,275



Total Sales

1,543,160


(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

Increasing a short position

970

1.825861

Ordinary

CFD

Increasing a long position

21,600

1.826203

Ordinary

CFD

Increasing a long position

43,900

1.825627

Ordinary

Euro Medium Term Note

Expiry

142

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:

05/06/2017

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
END
RETEANKSEASXEEF

Recent news on Tesco

See all news