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

TescoAnnouncement

21/09/2017 10:20

RNS Number : 4241R
Societe Generale SA
21 September 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
20/09/2017
(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: 17,243,228 Shares Interests and 30,671,816
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:
17,244,728
0.21
30,671,816
0.37
(2) Cash-settled derivatives:
28,238,415
0.34
1,717,600
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,000,000
0.09
13,929,000
0.17
 TOTAL:
52,483,143
0.64
46,318,416
0.57
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
56
1.8535
Ordinary
Purchase
1,538
1.852002601
Ordinary
Purchase
25,679
1.865
Ordinary
Purchase
12,634
1.865
Ordinary
Purchase
7,408
1.865
Ordinary
Purchase
19,716
1.865
Ordinary
Purchase
2,864
1.865
Ordinary
Purchase
51,495
1.865
Ordinary
Purchase
23,387
1.865
Ordinary
Purchase
110,514
1.865
Ordinary
Purchase
44,968
1.865
Ordinary
Purchase
16,203
1.865
Ordinary
Purchase
2,479
1.868
Ordinary
Purchase
48,578
1.865
Ordinary
Purchase
1,491
1.865
Ordinary
Purchase
2,393
1.8565
Ordinary
Purchase
1,632
1.8535
Ordinary
Purchase
224
1.8535
Ordinary
Purchase
112
1.8535
Ordinary
Purchase
1,327
1.8605
Ordinary
Purchase
3,375
1.8665
Ordinary
Purchase
2,379
1.86
Ordinary
Purchase
368
1.8665
Ordinary
Purchase
537
1.854
Ordinary
Purchase
4,510
1.865
Ordinary
Purchase
368
1.854
Ordinary
Purchase
732
1.8605
Ordinary
Purchase
600
1.8605
Ordinary
Purchase
717
1.8595
Ordinary
Purchase
1,668
1.8595
Ordinary
Purchase
2,062
1.858
Ordinary
Purchase
3,309
1.867
Ordinary
Purchase
2,389
1.859
Ordinary
Purchase
4,217
1.867
Ordinary
Purchase
360
1.854
Ordinary
Purchase
413
1.8605
Ordinary
Purchase
4,155
1.8605
Ordinary
Purchase
4,372
1.8675
Ordinary
Purchase
2,389
1.859
Ordinary
Purchase
2,394
1.865
Ordinary
Purchase
283
1.8555
Ordinary
Purchase
103
1.854
Ordinary
Purchase
1,731
1.858
Ordinary
Purchase
2,393
1.855
Ordinary
Purchase
1,781
1.8555
Ordinary
Purchase
611
1.8555
Ordinary
Purchase
6,734
1.855
Ordinary
Purchase
142
1.8555
Ordinary
Purchase
2,411
1.858
Ordinary
Purchase
778
1.854
Ordinary
Purchase
2,520
1.857
Ordinary
Purchase
317
1.8605
Ordinary
Purchase
800
1.8605
Ordinary
Purchase
100
1.8555
Ordinary
Purchase
616
1.854
Ordinary
Purchase
1,405
1.8665
Ordinary
Purchase
1,397
1.8605
Ordinary
Purchase
4,284
1.8665
Ordinary
Purchase
687
1.8665
Ordinary
Purchase
413
1.8605
Ordinary
Purchase
4,604
1.865
Ordinary
Purchase
3,648
1.86
Ordinary
Purchase
2,376
1.8615
Ordinary
Purchase
1,877
1.859
Ordinary
Purchase
2,777
1.859
Ordinary
Purchase
4,286
1.866
Ordinary
Purchase
280
1.8665
Ordinary
Purchase
717
1.858
Ordinary
Purchase
2,427
1.8575
Ordinary
Purchase
2,380
1.8635
Ordinary
Purchase
2,127
1.8605
Ordinary
Purchase
1,490
1.8605
Ordinary
Purchase
4,408
1.8655
Ordinary
Purchase
547
1.8605
Ordinary
Purchase
3,147
1.859
Ordinary
Purchase
7,151
1.865
Ordinary
Purchase
7,413
1.865
Ordinary
Purchase
20,610
1.8631053
Ordinary
Purchase
200,000
1.858
Ordinary
Purchase
700,000
1.863427
Ordinary
Sale
3,397
1.865
Ordinary
Sale
4,802
1.865
Ordinary
Sale
3,202
1.865
Ordinary
Sale
4,801
1.865
Ordinary
Sale
1,600
1.865
Ordinary
Sale
3,202
1.865
Ordinary
Sale
3,201
1.865
Ordinary
Sale
1,601
1.865
Ordinary
Sale
3,201
1.865
Ordinary
Sale
1,287
1.865
Ordinary
Sale
1,120
1.8655
Ordinary
Sale
472
1.8655
Ordinary
Sale
118
1.8655
Ordinary
Sale
31
1.8655
Ordinary
Sale
42
1.8655
Ordinary
Sale
1,606
1.8655
Ordinary
Sale
123
1.8655
Ordinary
Sale
526
1.8655
Ordinary
Sale
540
1.8655
Ordinary
Sale
494
1.8655
Ordinary
Sale
655
1.8655
Ordinary
Sale
538
1.8655
Ordinary
Sale
13
1.8655
Ordinary
Sale
54
1.8655
Ordinary
Sale
2,001
1.857
Ordinary
Sale
730
1.867
Ordinary
Sale
2,024
1.86725
Ordinary
Sale
2,389
1.8675
Ordinary
Sale
934
1.8675
Ordinary
Sale
1,792
1.8665
Ordinary
Sale
2,019
1.869
Ordinary
Sale
1,185
1.8675
Ordinary
Sale
1,424
1.8685
Ordinary
Sale
707
1.8675
Ordinary
Sale
1,864
1.8595
Ordinary
Sale
1,982
1.862
Ordinary
Sale
1,200
1.865
Ordinary
Sale
1,428
1.8635
Ordinary
Sale
1,982
1.8635
Ordinary
Sale
2,259
1.8635
Ordinary
Sale
2,000
1.857
Ordinary
Sale
1,992
1.857
Ordinary
Sale
1,428
1.8635
Ordinary
Sale
2,158
1.8655
Ordinary
Sale
2,005
1.8665
Ordinary
Sale
1,300
1.8665
Ordinary
Sale
224
1.859
Ordinary
Sale
2,766
1.859
Ordinary
Sale
1,645
1.865
Ordinary
Sale
117
1.861
Ordinary
Sale
81
1.867
Ordinary
Sale
130
1.861
Ordinary
Sale
244
1.868
Ordinary
Sale
1,585
1.861
Ordinary
Sale
810
1.8605
Ordinary
Sale
90
1.867
Ordinary
Sale
19,455
1.865
Ordinary
Sale
34,162
1.865
Ordinary
Sale
1,517
1.865
Ordinary
Sale
21,130
1.865
Ordinary
Sale
2,402
1.8595
Ordinary
Sale
44
1.8595
Ordinary
Sale
5,098
1.861
Ordinary
Sale
2,396
1.86
Ordinary
Sale
4,112
1.8595
Ordinary
Sale
2,396
1.86
Ordinary
Sale
99
1.8655
Ordinary
Sale
2,394
1.8605
Ordinary
Sale
1,544
1.867
Ordinary
Sale
455
1.8595
Ordinary
Sale
3,166
1.8595
Ordinary
Sale
257
1.8565
Ordinary
Sale
2,243
1.8565
Ordinary
Sale
1,758
1.8555
Ordinary
Sale
2,683
1.8555
Ordinary
Sale
2,375
1.864
Ordinary
Sale
2,378
1.8615
Ordinary
Sale
1,300
1.8625
Ordinary
Sale
728
1.8625
Ordinary
Sale
348
1.8625
Ordinary
Sale
900
1.858
Ordinary
Sale
339
1.8685
Ordinary
Sale
2,098
1.8685
Ordinary
Sale
4,956
1.867
Ordinary
Sale
2,440
1.8675
Ordinary
Sale
2,372
1.8685
Ordinary
Sale
2,445
1.8675
Ordinary
Sale
918
1.865
Ordinary
Sale
918
1.865
Ordinary
Sale
2,376
1.868
Ordinary
Sale
2,378
1.8605
Ordinary
Sale
4,612
1.8605
Ordinary
Sale
2,759
1.8685
Ordinary
Sale
2,809
1.8675
Ordinary
Sale
2,418
1.8685
Ordinary
Sale
2,503
1.869
Ordinary
Sale
2,371
1.869
Ordinary
Sale
2,375
1.8675
Ordinary
Sale
2,440
1.865
Ordinary
Sale
4,504
1.8555
Ordinary
Sale
2,374
1.8685
Ordinary
Sale
2,061
1.868
Ordinary
Sale
1,773
1.868
Ordinary
Sale
2,379
1.865
Ordinary
Sale
2,380
1.8625
Ordinary
Sale
2,373
1.8675
Ordinary
Sale
1,212
1.855
Ordinary
Sale
7,600
1.858
Ordinary
Sale
1,753
1.859
Ordinary
Sale
2,244
1.8605
Ordinary
Sale
2,175
1.8605
Ordinary
Sale
2,376
1.866
Ordinary
Sale
3,515
1.857
Ordinary
Sale
4,610
1.861
Ordinary
Sale
1,609
1.8635
Ordinary
Sale
2,377
1.866
Ordinary
Sale
5,515
1.8615
Ordinary
Sale
4,276
1.865
Ordinary
Sale
4,459
1.857
Ordinary
Sale
944
1.857
Ordinary
Sale
4,459
1.857
Ordinary
Sale
452
1.868
Ordinary
Sale
40
1.868
Ordinary
Sale
678
1.868
Ordinary
Sale
2,084
1.8565
Ordinary
Sale
1,674
1.8565
Ordinary
Sale
839
1.868
Ordinary
Sale
11,054
1.868
Ordinary
Sale
9,045
1.868
Ordinary
Sale
2,376
1.864
Ordinary
Sale
1,400
1.8675
Ordinary
Sale
2,373
1.8675
Ordinary
Sale
1,743
1.862
Ordinary
Sale
2,437
1.8675
Ordinary
Sale
2,376
1.8615
Ordinary
Sale
3,314
1.863
Ordinary
Sale
303
1.8665
Ordinary
Sale
277
1.8665
Ordinary
Sale
445
1.8665
Ordinary
Sale
251
1.8665
Ordinary
Sale
62
1.8665
Ordinary
Sale
1,762
1.8665
Ordinary
Sale
482
1.855
Ordinary
Sale
2,550
1.864
Ordinary
Sale
4,324
1.85925
Ordinary
Sale
136
1.864
Ordinary
Sale
1,304
1.865
Ordinary
Sale
123
1.861
Ordinary
Sale
1,746
1.8605
Ordinary
Sale
85
1.867
Ordinary
Sale
1,084
1.865
Ordinary
Sale
3,665
1.865
Ordinary
Sale
6,981
1.865738
Ordinary
Sale
1,610
1.864627
Ordinary
Sale
200,000
1.858
Ordinary
Sale
700,000
1.863427

Total Purchases
1,417,783


Total Sales
1,276,031

 
(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 short position
1,610
1.864627
(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:
21/09/2017
Contact name:
Olivier Vero
Telephone number:
+44 20 7676 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 Call Option
Sale
2,000,000
1.850
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
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
Purchase
20,000
1.400
American options
21/12/2018
Ordinary Shares
Listed Put Option
Purchase
20,000
1.400
American options
21/09/2018
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
Listed Put Option
Sale
1,000,000
1.700
American options
15/12/2017
Ordinary Shares
Listed Put Option
Sale
1,000,000
1.850
American options
15/12/2017
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
  END
RETEANNFAFLXEEF