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

TescoAnnouncement

01/08/2017 11:45

RNS Number : 7523M
Societe Generale SA
01 August 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
31/07/2017
(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: 21,366,475 Shares Interests and 33,124,702 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:
21,367,975
0.26
33,124,702
0.40
(2) Cash-settled derivatives:
31,264,951
0.38
5,879,600
0.07
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,940,000
0.10
14,829,000
0.18
 TOTAL:
60,572,926
0.74
53,833,302
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
1,675
1.74
Ordinary
Purchase
1,320
1.742
Ordinary
Purchase
1,213
1.742
Ordinary
Purchase
1,463
1.742
Ordinary
Purchase
1,554
1.742
Ordinary
Purchase
1,542
1.742
Ordinary
Purchase
2,000
1.7445
Ordinary
Purchase
1,368
1.74
Ordinary
Purchase
239
1.74
Ordinary
Purchase
71
1.74
Ordinary
Purchase
1,451
1.741
Ordinary
Purchase
558
1.7445
Ordinary
Purchase
6,000
1.7445
Ordinary
Purchase
1,542
1.741
Ordinary
Purchase
2,429
1.743
Ordinary
Purchase
3,707
1.74325
Ordinary
Purchase
1,921
1.741
Ordinary
Purchase
1,751
1.7445
Ordinary
Purchase
4,020
1.7425
Ordinary
Purchase
1,613
1.739
Ordinary
Purchase
1,447
1.739
Ordinary
Purchase
1,542
1.7405
Ordinary
Purchase
1,284
1.742
Ordinary
Purchase
9,701
1.742
Ordinary
Purchase
1,714
1.742
Ordinary
Purchase
3,428
1.742
Ordinary
Purchase
39,744
1.742
Ordinary
Purchase
2,610
1.742
Ordinary
Purchase
2,803
1.738
Ordinary
Purchase
2,573
1.739
Ordinary
Purchase
2,572
1.739
Ordinary
Purchase
2,572
1.739
Ordinary
Purchase
1,172
1.74
Ordinary
Purchase
2,573
1.74
Ordinary
Purchase
2,572
1.7405
Ordinary
Purchase
2,659
1.741
Ordinary
Purchase
431
1.741
Ordinary
Purchase
1,489
1.737
Ordinary
Purchase
2,924
1.7425
Ordinary
Purchase
2,241
1.739
Ordinary
Purchase
331
1.739
Ordinary
Purchase
2,571
1.7415
Ordinary
Purchase
2,574
1.738
Ordinary
Purchase
2,644
1.741
Ordinary
Purchase
2,571
1.741
Ordinary
Purchase
632
1.7375
Ordinary
Purchase
1,121
1.7405
Ordinary
Purchase
1,452
1.7405
Ordinary
Purchase
2,572
1.74
Ordinary
Purchase
2,572
1.739
Ordinary
Purchase
2,696
1.735
Ordinary
Purchase
2,569
1.7395
Ordinary
Purchase
2,110
1.7385
Ordinary
Purchase
1,331
1.7415
Ordinary
Purchase
1,238
1.7415
Ordinary
Purchase
765
1.7415
Ordinary
Purchase
1,719
1.7415
Ordinary
Purchase
86
1.7415
Ordinary
Purchase
142
1.74
Ordinary
Purchase
2,430
1.74
Ordinary
Purchase
4
1.7425
Ordinary
Purchase
2,618
1.7425
Ordinary
Purchase
4,900
1.741
Ordinary
Purchase
611
1.7405
Ordinary
Purchase
2,101
1.741
Ordinary
Purchase
2,935
1.741
Ordinary
Purchase
2,574
1.739
Ordinary
Purchase
2,572
1.74
Ordinary
Purchase
1,845
1.7415
Ordinary
Purchase
724
1.7415
Ordinary
Purchase
323
1.7395
Ordinary
Purchase
627
1.7395
Ordinary
Purchase
1,946
1.7395
Ordinary
Purchase
1,722
1.7405
Ordinary
Purchase
239
1.7405
Ordinary
Purchase
32
1.7425
Ordinary
Purchase
2,197
1.7425
Ordinary
Purchase
2,573
1.739
Ordinary
Purchase
7,238
1.7455
Ordinary
Purchase
218
1.7455
Ordinary
Purchase
2,955
1.7425
Ordinary
Purchase
2,647
1.739
Ordinary
Purchase
2,587
1.7425
Ordinary
Purchase
6,639
1.7425
Ordinary
Purchase
5,124
1.7415
Ordinary
Purchase
2,976
1.7415
Ordinary
Purchase
1,351
1.7425
Ordinary
Purchase
2,571
1.7405
Ordinary
Purchase
1,019
1.74
Ordinary
Purchase
1,553
1.74
Ordinary
Purchase
2,572
1.74
Ordinary
Purchase
1,285
1.7375
Ordinary
Purchase
510
1.739
Ordinary
Purchase
781
1.739
Ordinary
Purchase
658
1.7375
Ordinary
Purchase
2,573
1.739
Ordinary
Purchase
2,648
1.7385
Ordinary
Purchase
2,575
1.738
Ordinary
Purchase
2,573
1.739
Ordinary
Purchase
1,087
1.737
Ordinary
Purchase
3,775
1.7415
Ordinary
Purchase
1,252
1.7415
Ordinary
Purchase
1,875
1.7415
Ordinary
Purchase
2,790
1.7415
Ordinary
Purchase
1,395
1.7415
Ordinary
Purchase
4,000
1.7415
Ordinary
Purchase
2,587
1.7415
Ordinary
Purchase
620
1.7395
Ordinary
Purchase
2,804
1.7375
Ordinary
Purchase
2,574
1.739
Ordinary
Purchase
1,199
1.7395
Ordinary
Purchase
430
1.7395
Ordinary
Purchase
1
1.7405
Ordinary
Purchase
6,360
1.742
Ordinary
Purchase
9,540
1.742
Ordinary
Purchase
5
1.7425
Ordinary
Purchase
5
1.7425
Ordinary
Purchase
1,314
1.742
Ordinary
Purchase
2,000
1.74
Ordinary
Purchase
1,456
1.74
Ordinary
Purchase
1,594
1.742
Ordinary
Purchase
2,337
1.742
Ordinary
Purchase
990
1.742
Ordinary
Purchase
1,010
1.742
Ordinary
Purchase
1,374
1.7435
Ordinary
Purchase
2,319
1.7435
Ordinary
Purchase
2,000
1.744
Ordinary
Purchase
2,149
1.7445
Ordinary
Purchase
7,500
1.7425
Ordinary
Purchase
5,500
1.741
Ordinary
Purchase
899
1.7425
Ordinary
Purchase
1,524
1.739
Ordinary
Purchase
942
1.739
Ordinary
Purchase
2,024
1.742
Ordinary
Purchase
5,000
1.7435
Ordinary
Purchase
1,500
1.7445
Ordinary
Purchase
1,500
1.7445
Ordinary
Purchase
5,540
1.742
Ordinary
Purchase
861
1.7415
Ordinary
Sale
2,587
1.74
Ordinary
Sale
2,581
1.741
Ordinary
Sale
2,197
1.741
Ordinary
Sale
53
1.7405
Ordinary
Sale
2,906
1.7405
Ordinary
Sale
522
1.7405
Ordinary
Sale
1,987
1.7405
Ordinary
Sale
202
1.741
Ordinary
Sale
2,585
1.7405
Ordinary
Sale
2,411
1.741
Ordinary
Sale
2,588
1.7415
Ordinary
Sale
2,583
1.7405
Ordinary
Sale
768
1.7405
Ordinary
Sale
5,145
1.74075
Ordinary
Sale
2,581
1.7405
Ordinary
Sale
183
1.740983607
Ordinary
Sale
6,360
1.732
Ordinary
Sale
631
1.732
Ordinary
Sale
6,360
1.732
Ordinary
Sale
1,072
1.732
Ordinary
Sale
323
1.732
Ordinary
Sale
778
1.732
Ordinary
Sale
30
1.732
Ordinary
Sale
4,387
1.732
Ordinary
Sale
2,017
1.732
Ordinary
Sale
936
1.732
Ordinary
Sale
1,037
1.732
Ordinary
Sale
346
1.732
Ordinary
Sale
1,163
1.732
Ordinary
Sale
459
1.74
Ordinary
Sale
2,415
1.74
Ordinary
Sale
817
1.74
Ordinary
Sale
899
1.74
Ordinary
Sale
1,081
1.74
Ordinary
Sale
2,353
1.74
Ordinary
Sale
1,715
1.741
Ordinary
Sale
1,737
1.7415
Ordinary
Sale
1,798
1.7435
Ordinary
Sale
1,300
1.7435
Ordinary
Sale
2,497
1.7435
Ordinary
Sale
2,198
1.7425
Ordinary
Sale
461
1.74
Ordinary
Sale
1,782
1.74
Ordinary
Sale
2,243
1.74
Ordinary
Sale
1,448
1.74
Ordinary
Sale
1,799
1.74
Ordinary
Sale
152
1.74
Ordinary
Sale
1,400
1.7375
Ordinary
Sale
1,894
1.738
Ordinary
Sale
1,531
1.739
Ordinary
Sale
2,017
1.74
Ordinary
Sale
2,131
1.742
Ordinary
Sale
1,717
1.7395
Ordinary
Sale
899
1.7405
Ordinary
Sale
1,697
1.742
Ordinary
Sale
1,773
1.739
Ordinary
Sale
3,393
1.7405
Ordinary
Sale
2,832
1.7405
Ordinary
Sale
40
1.739
Ordinary
Sale
1,504
1.7405
Ordinary
Sale
899
1.7405
Ordinary
Sale
181
1.7425
Ordinary
Sale
898
1.742
Ordinary
Sale
2,000
1.737
Ordinary
Sale
1,759
1.7385
Ordinary
Sale
2,910
1.7435
Ordinary
Sale
786
1.742
Ordinary
Sale
154
1.742
Ordinary
Sale
914
1.742
Ordinary
Sale
1,736
1.7415
Ordinary
Sale
816
1.7385
Ordinary
Sale
815
1.74
Ordinary
Sale
1,730
1.742
Ordinary
Sale
1,708
1.739
Ordinary
Sale
2,349
1.7415
Ordinary
Sale
3,292
1.7415
Ordinary
Sale
2,876
1.743
Ordinary
Sale
2,671
1.743
Ordinary
Sale
2,714
1.743
Ordinary
Sale
1,888
1.737
Ordinary
Sale
53
1.737
Ordinary
Sale
1,577
1.7425
Ordinary
Sale
2,621
1.7425
Ordinary
Sale
7,950
1.7285
Ordinary
Sale
5,366
1.732
Ordinary
Sale
2,584
1.732
Ordinary
Sale
2,567
1.7415
Ordinary
Sale
2,500
1.738
Ordinary
Sale
1,897
1.738
Ordinary
Sale
187
1.74
Ordinary
Sale
1,882
1.74
Ordinary
Sale
973
1.74
Ordinary
Sale
215
1.74
Ordinary
Sale
4,740
1.741
Ordinary
Sale
4,812
1.7405
Ordinary
Sale
2,560
1.746
Ordinary
Sale
249
1.745
Ordinary
Sale
1,649
1.7365
Ordinary
Sale
1,644
1.7365
Ordinary
Sale
1,549
1.7375
Ordinary
Sale
1,807
1.737
Ordinary
Sale
1,601
1.737
Ordinary
Sale
1,591
1.738
Ordinary
Sale
1,633
1.7375
Ordinary
Sale
2,545
1.74
Ordinary
Sale
20
1.74
Ordinary
Sale
7
1.74
Ordinary
Sale
2,559
1.746
Ordinary
Sale
430
1.7405
Ordinary
Sale
225
1.7405
Ordinary
Sale
225
1.7405
Ordinary
Sale
1,607
1.7405
Ordinary
Sale
748
1.7405
Ordinary
Sale
2,671
1.742
Ordinary
Sale
329
1.742
Ordinary
Sale
2,560
1.746
Ordinary
Sale
500
1.742
Ordinary
Sale
4,728
1.74
Ordinary
Sale
90
1.739
Ordinary
Sale
123
1.739
Ordinary
Sale
2,500
1.739
Ordinary
Sale
123
1.739
Ordinary
Sale
2,562
1.745
Ordinary
Sale
2,559
1.746
Ordinary
Sale
2,569
1.74
Ordinary
Sale
5,132
1.7405
Ordinary
Sale
2,645
1.7405
Ordinary
Sale
4,994
1.7405
Ordinary
Sale
786
1.745
Ordinary
Sale
594
1.745
Ordinary
Sale
1,183
1.745
Ordinary
Sale
1,519
1.7365
Ordinary
Sale
1,060
1.7365
Ordinary
Sale
2,578
1.736
Ordinary
Sale
294
1.7395
Ordinary
Sale
2,572
1.7405
Ordinary
Sale
2,565
1.7425
Ordinary
Sale
2,573
1.739
Ordinary
Sale
2,573
1.739
Ordinary
Sale
2,253
1.7425
Ordinary
Sale
955
1.7425
Ordinary
Sale
4,660
1.7415
Ordinary
Sale
1,607
1.7425
Ordinary
Sale
3,181
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
7,162
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
2,799
1.742
Ordinary
Sale
39,744
1.742
Ordinary
Sale
16,341
1.742
Ordinary
Sale
38,211
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
35,896
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
3,181
1.742
Ordinary
Sale
1,121
1.742
Ordinary
Sale
5,691
1.7405
Ordinary
Sale
527
1.742
Ordinary
Sale
246,281
1.742
Ordinary
Sale
500
1.74
Ordinary
Sale
3,479
1.741
Ordinary
Sale
2,547
1.7415
Ordinary
Sale
542
1.7415
Ordinary
Sale
526
1.742
Ordinary
Sale
2,587
1.7425
Ordinary
Sale
528
1.742
Ordinary
Sale
2,587
1.7415
Ordinary
Sale
2,581
1.74
Ordinary
Sale
2,392
1.7405
Ordinary
Sale
2,585
1.7405
Ordinary
Sale
192
1.741
Ordinary
Sale
233
1.7405
Ordinary
Sale
2,352
1.7405
Ordinary
Sale
3,180
1.732
Ordinary
Sale
4,054
1.742
Ordinary
Sale
3,428
1.742
Ordinary
Sale
5,142
1.742
Ordinary
Sale
1,714
1.742
Ordinary
Sale
3,429
1.742
Ordinary
Sale
1,715
1.742
Ordinary
Sale
5,143
1.742
Ordinary
Sale
3,428
1.742
Ordinary
Sale
179
1.742
Ordinary
Sale
382
1.742
Ordinary
Sale
2,100
1.74
Ordinary
Sale
964
1.74
Ordinary
Sale
1,244
1.74
Ordinary
Sale
1,627
1.7405
Ordinary
Sale
1,300
1.7395
Ordinary
Sale
1,839
1.7405
Ordinary
Sale
986
1.7405
Ordinary
Sale
2,821
1.7405
Ordinary
Sale
2,073
1.7415
Ordinary
Sale
2,784
1.743
Ordinary
Sale
1,554
1.743
Ordinary
Sale
499
1.743
Ordinary
Sale
1,200
1.74
Ordinary
Sale
1,346
1.74
Ordinary
Sale
2,546
1.74
Ordinary
Sale
1,200
1.7385
Ordinary
Sale
1,532
1.7385
Ordinary
Sale
1,593
1.7445
Ordinary
Sale
669
1.7445
Ordinary
Sale
708
1.742
Ordinary
Sale
11,584
1.742
Ordinary
Sale
553
1.742
Ordinary
Sale
27,000
1.396749
Ordinary
Sale
861
1.7435

Total Purchases
336,842


Total Sales
813,237

 
(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
Equity Linked Swap
Expiry
574,462
N/A
Ordinary
Equity Linked Swap
Increasing a long position
547,060
1.742
(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:
01/08/2017
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 Call Option
Sale
2,750,000
1.800
American options
21/12/2018
Ordinary Shares
Listed Put Option
Purchase
3,000,000
1.200
American options
15/12/2017
Ordinary Shares
Listed Put Option
Purchase
8,000
1.4
American options
15/06/2018
Ordinary Shares
Listed Put Option
Purchase
79,000
1.65
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
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
Ordinary Shares
Listed Put Option
Sale
2,750,000
1.800
American options
21/12/2018
Ordinary Shares
OTC call-option
Sale
2,940,000
1.700
American options
15/09/2017
Ordinary Shares
OTC put-option
Sale
2,940,000
1.700
American options
15/09/2017
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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