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

TescoAnnouncement

22/08/2017 10:20

RNS Number : 6608O
Societe Generale SA
22 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
21/08/2017
(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: 22,190,408 Shares Interests and 29,401,046 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:
22,191,908
0.27
29,401,046
0.36
(2) Cash-settled derivatives:
34,756,606
0.42
1,717,790
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,940,000
0.10
14,829,000
0.18
 TOTAL:
64,888,514
0.79
45,947,836
0.56
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
28
1.7535
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
26,751
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
953
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
1,143
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
952
1.7695
Ordinary
Purchase
2,171
1.7690005
Ordinary
Purchase
2,375
1.769
Ordinary
Purchase
1,721
1.7505
Ordinary
Purchase
90
1.7485
Ordinary
Purchase
1,587
1.7695
Ordinary
Purchase
2,677
1.76
Ordinary
Purchase
2,642
1.76
Ordinary
Purchase
2,827
1.758
Ordinary
Purchase
2,821
1.7595
Ordinary
Purchase
2,959
1.759
Ordinary
Purchase
2,301
1.758
Ordinary
Purchase
2,970
1.758
Ordinary
Purchase
1,082
1.7515
Ordinary
Purchase
1,527
1.7515
Ordinary
Purchase
2,610
1.7505
Ordinary
Purchase
684
1.751
Ordinary
Purchase
5,649
1.7625
Ordinary
Purchase
2,412
1.7515
Ordinary
Purchase
4,798
1.753
Ordinary
Purchase
5,232
1.7525
Ordinary
Purchase
3,862
1.752
Ordinary
Purchase
4,783
1.753
Ordinary
Purchase
4,949
1.752
Ordinary
Purchase
1,119
1.7515
Ordinary
Purchase
1,649
1.7515
Ordinary
Purchase
2,850
1.7565
Ordinary
Purchase
2,283
1.756
Ordinary
Purchase
2,937
1.756
Ordinary
Purchase
2,221
1.7605
Ordinary
Purchase
2,650
1.763
Ordinary
Purchase
2,654
1.7625
Ordinary
Purchase
2,213
1.7615
Ordinary
Purchase
2,206
1.762
Ordinary
Purchase
2,123
1.761
Ordinary
Purchase
2,636
1.76
Ordinary
Purchase
2,671
1.7615
Ordinary
Purchase
2,687
1.7605
Ordinary
Purchase
2,603
1.7635
Ordinary
Purchase
2,320
1.76
Ordinary
Purchase
2,611
1.7505
Ordinary
Purchase
2,751
1.758
Ordinary
Purchase
5,767
1.7505
Ordinary
Purchase
3,556
1.7515
Ordinary
Purchase
3,688
1.751
Ordinary
Purchase
3,823
1.7505
Ordinary
Purchase
3,913
1.751
Ordinary
Purchase
3,872
1.7505
Ordinary
Purchase
2,594
1.764
Ordinary
Purchase
1,403
1.7635
Ordinary
Purchase
2,926
1.7635
Ordinary
Purchase
1,976
1.7505
Ordinary
Purchase
635
1.7505
Ordinary
Purchase
2,595
1.7625
Ordinary
Purchase
2,596
1.762
Ordinary
Purchase
3,826
1.751
Ordinary
Purchase
3,775
1.7505
Ordinary
Purchase
2,968
1.758
Ordinary
Purchase
2,614
1.7475
Ordinary
Purchase
3,029
1.7425
Ordinary
Purchase
4,228
1.7495
Ordinary
Purchase
834
1.7495
Ordinary
Purchase
2,643
1.7525
Ordinary
Purchase
755
1.7505
Ordinary
Purchase
532
1.7505
Ordinary
Purchase
1,323
1.7505
Ordinary
Purchase
2,363
1.7605
Ordinary
Purchase
8,496
1.758
Ordinary
Purchase
4,914
1.7515
Ordinary
Purchase
2,683
1.7515
Ordinary
Purchase
3,629
1.7505
Ordinary
Purchase
3,828
1.751
Ordinary
Purchase
2,276
1.7535
Ordinary
Purchase
1,694
1.7535
Ordinary
Purchase
4,492
1.772
Ordinary
Purchase
3,710
1.7535
Ordinary
Purchase
2,000
1.7535
Ordinary
Purchase
5,112
1.7505
Ordinary
Purchase
701
1.7535
Ordinary
Purchase
2,610
1.7505
Ordinary
Purchase
2,610
1.7505
Ordinary
Purchase
2,685
1.75
Ordinary
Purchase
2,211
1.762
Ordinary
Purchase
2,058
1.762
Ordinary
Purchase
3,272
1.757
Ordinary
Purchase
2,421
1.7565
Ordinary
Purchase
5
1.758
Ordinary
Purchase
4,200
1.77
Ordinary
Purchase
2,600
1.759
Ordinary
Purchase
2,601
1.759
Ordinary
Purchase
4,087
1.7485
Ordinary
Purchase
4,365
1.749
Ordinary
Purchase
2,641
1.7605
Ordinary
Purchase
2,658
1.7595
Ordinary
Purchase
2,155
1.7595
Ordinary
Purchase
2,641
1.76
Ordinary
Purchase
2,145
1.7625
Ordinary
Purchase
2,082
1.761
Ordinary
Purchase
2,188
1.761
Ordinary
Purchase
2,094
1.7605
Ordinary
Purchase
2,300
1.7615
Ordinary
Purchase
2,134
1.762
Ordinary
Purchase
926
1.761
Ordinary
Purchase
847
1.761
Ordinary
Purchase
402
1.761
Ordinary
Purchase
576
1.761
Ordinary
Purchase
2,199
1.7615
Ordinary
Purchase
2,083
1.7605
Ordinary
Purchase
3,395
1.7465
Ordinary
Purchase
523
1.751
Ordinary
Purchase
4,000
1.751
Ordinary
Purchase
3,477
1.751
Ordinary
Purchase
992
1.7695
Ordinary
Purchase
100
1.7695
Ordinary
Purchase
1,082
1.7695
Ordinary
Purchase
2,604
1.769
Ordinary
Purchase
531
1.778983
Ordinary
Sale
3,874
1.7695
Ordinary
Sale
1,854
1.7695
Ordinary
Sale
1,718
1.7695
Ordinary
Sale
3,436
1.7695
Ordinary
Sale
1,719
1.7695
Ordinary
Sale
599
1.7695
Ordinary
Sale
952
1.7695
Ordinary
Sale
4,324
1.7605
Ordinary
Sale
1,717
1.7615
Ordinary
Sale
283
1.7615
Ordinary
Sale
2,694
1.76
Ordinary
Sale
9,229
1.7615
Ordinary
Sale
3,747
1.7725
Ordinary
Sale
2,000
1.7725
Ordinary
Sale
1,305
1.7725
Ordinary
Sale
1,144
1.7725
Ordinary
Sale
1,100
1.7725
Ordinary
Sale
2,292
1.7725
Ordinary
Sale
1,113
1.7725
Ordinary
Sale
3,933
1.771
Ordinary
Sale
4,530
1.7595
Ordinary
Sale
9,229
1.7615
Ordinary
Sale
5,200
1.7605
Ordinary
Sale
1,611
1.7695
Ordinary
Sale
4,199
1.749
Ordinary
Sale
4,308
1.7695
Ordinary
Sale
41,485
1.7695
Ordinary
Sale
23,107
1.7695
Ordinary
Sale
6,278
1.76
Ordinary
Sale
1,441
1.76
Ordinary
Sale
1,208
1.76
Ordinary
Sale
101
1.7605
Ordinary
Sale
2,500
1.76
Ordinary
Sale
2,488
1.76
Ordinary
Sale
7,651
1.7525
Ordinary
Sale
2,609
1.755
Ordinary
Sale
7,971
1.75
Ordinary
Sale
7,089
1.75
Ordinary
Sale
7,966
1.749
Ordinary
Sale
7,968
1.7495
Ordinary
Sale
7,617
1.7535
Ordinary
Sale
7,679
1.754
Ordinary
Sale
2,986
1.761
Ordinary
Sale
1,809
1.761
Ordinary
Sale
4,619
1.7605
Ordinary
Sale
4,600
1.762
Ordinary
Sale
7,540
1.7545
Ordinary
Sale
298
1.7565
Ordinary
Sale
1,507
1.7565
Ordinary
Sale
1,507
1.7565
Ordinary
Sale
1,507
1.7565
Ordinary
Sale
313
1.7565
Ordinary
Sale
639
1.7565
Ordinary
Sale
3,800
1.757
Ordinary
Sale
1,772
1.757
Ordinary
Sale
3,800
1.7595
Ordinary
Sale
230
1.7595
Ordinary
Sale
1,507
1.7595
Ordinary
Sale
882
1.7595
Ordinary
Sale
3,470
1.7605
Ordinary
Sale
5,214
1.75
Ordinary
Sale
2,501
1.7595
Ordinary
Sale
5,984
1.7595
Ordinary
Sale
3,078
1.7605
Ordinary
Sale
1
1.7615
Ordinary
Sale
1,499
1.7615
Ordinary
Sale
1,300
1.7595
Ordinary
Sale
270
1.7655
Ordinary
Sale
1,602
1.7655
Ordinary
Sale
1,431
1.7655
Ordinary
Sale
1,549
1.7675
Ordinary
Sale
1,129
1.7595
Ordinary
Sale
2,268
1.7595
Ordinary
Sale
387
1.762
Ordinary
Sale
2,057
1.768
Ordinary
Sale
5,791
1.7695
Ordinary
Sale
1,201
1.767
Ordinary
Sale
1,667
1.763
Ordinary
Sale
408
1.7635
Ordinary
Sale
409
1.7645
Ordinary
Sale
1,643
1.7675
Ordinary
Sale
1,653
1.763
Ordinary
Sale
815
1.763
Ordinary
Sale
1,982
1.762
Ordinary
Sale
606
1.7655
Ordinary
Sale
1,099
1.7655
Ordinary
Sale
6,958
1.7505
Ordinary
Sale
12,995
1.7565
Ordinary
Sale
2,779
1.7695
Ordinary
Sale
531
1.7555

Total Purchases
349,154


Total Sales
326,861

 
(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:
22/08/2017
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.

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The company news service from the London Stock Exchange
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