REG - Societe Generale SA Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 8450RSociete Generale SA26 September 2017FORM 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
25/09/2017
(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: 17,988,639 Shares Interests and 30,132,547 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:
17,990,139
0.22
30,132,547
0.37
(2) Cash-settled derivatives:
28,351,255
0.35
1,757,820
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
7,000,000
0.09
14,933,000
0.18
TOTAL:
53,341,394
0.65
46,823,367
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
3,373
1.8295
Ordinary
Purchase
1,686
1.8295
Ordinary
Purchase
3,373
1.8295
Ordinary
Purchase
672
1.8295
Ordinary
Purchase
1,458
1.8295
Ordinary
Purchase
3,373
1.8295
Ordinary
Purchase
1,687
1.8295
Ordinary
Purchase
5,060
1.8295
Ordinary
Purchase
5,060
1.8295
Ordinary
Purchase
2,000
1.8305
Ordinary
Purchase
2,251
1.8295
Ordinary
Purchase
1,401
1.834
Ordinary
Purchase
1,988
1.834
Ordinary
Purchase
317
1.832
Ordinary
Purchase
1,536
1.832
Ordinary
Purchase
524
1.832
Ordinary
Purchase
1,542
1.832
Ordinary
Purchase
18,664
1.8295
Ordinary
Purchase
1,639
1.8295
Ordinary
Purchase
16,866
1.8295
Ordinary
Purchase
10,793
1.8295
Ordinary
Purchase
26,209
1.8295
Ordinary
Purchase
4,486
1.8295
Ordinary
Purchase
11,645
1.8295
Ordinary
Purchase
21,885
1.8295
Ordinary
Purchase
1,055
1.8295
Ordinary
Purchase
8,376
1.8295
Ordinary
Purchase
27
1.8355
Ordinary
Purchase
3,964
1.8325
Ordinary
Purchase
2,397
1.835
Ordinary
Purchase
6,969
1.8335
Ordinary
Purchase
6,415
1.8325
Ordinary
Purchase
5,637
1.833
Ordinary
Purchase
5,296
1.833
Ordinary
Purchase
2,485
1.8325
Ordinary
Purchase
3,463
1.834
Ordinary
Purchase
3,658
1.833
Ordinary
Purchase
2,463
1.833
Ordinary
Purchase
4,721
1.833
Ordinary
Purchase
6,126
1.83
Ordinary
Purchase
3,760
1.8295
Ordinary
Purchase
2,251
1.833
Ordinary
Purchase
2,395
1.8355
Ordinary
Purchase
7,140
1.8325
Ordinary
Purchase
143
1.832
Ordinary
Purchase
4,703
1.832
Ordinary
Purchase
2,430
1.832
Ordinary
Purchase
123
1.833
Ordinary
Purchase
11,115
1.8295
Ordinary
Purchase
5,548
1.828
Ordinary
Purchase
4,588
1.829
Ordinary
Purchase
6,309
1.8295
Ordinary
Purchase
4,013
1.8325
Ordinary
Purchase
7,073
1.8325
Ordinary
Purchase
7,066
1.833
Ordinary
Purchase
4,409
1.8325
Ordinary
Purchase
1,177
1.831
Ordinary
Purchase
4,794
1.8315
Ordinary
Purchase
6,811
1.8315
Ordinary
Purchase
6,019
1.831
Ordinary
Purchase
793
1.8315
Ordinary
Purchase
6,930
1.8365
Ordinary
Purchase
3,772
1.8365
Ordinary
Purchase
2,718
1.8365
Ordinary
Purchase
5,306
1.8325
Ordinary
Purchase
438
1.8365
Ordinary
Purchase
1,272
1.834
Ordinary
Purchase
2,876
1.8305
Ordinary
Purchase
2,500
1.8305
Ordinary
Purchase
1,267
1.8375
Ordinary
Purchase
4,437
1.8375
Ordinary
Purchase
5,543
1.831
Ordinary
Purchase
4,633
1.8325
Ordinary
Purchase
5,040
1.832
Ordinary
Purchase
3,599
1.8305
Ordinary
Purchase
4,198
1.8305
Ordinary
Purchase
1,513
1.8305
Ordinary
Purchase
2,500
1.8305
Ordinary
Purchase
6,040
1.83
Ordinary
Purchase
3,283
1.8375
Ordinary
Purchase
4,388
1.829
Ordinary
Purchase
1,437
1.8375
Ordinary
Purchase
1,125
1.834
Ordinary
Purchase
2,401
1.83
Ordinary
Purchase
3,499
1.8295
Ordinary
Purchase
4,522
1.8305
Ordinary
Purchase
525
1.8305
Ordinary
Purchase
4,098
1.838
Ordinary
Purchase
3,511
1.838
Ordinary
Purchase
3,857
1.8295
Ordinary
Purchase
5,092
1.8295
Ordinary
Purchase
2,500
1.8295
Ordinary
Purchase
1,499
1.833
Ordinary
Purchase
2,398
1.8335
Ordinary
Purchase
7,242
1.833
Ordinary
Purchase
4,825
1.83
Ordinary
Purchase
5,323
1.835
Ordinary
Purchase
505
1.8355
Ordinary
Purchase
3,849
1.8355
Ordinary
Purchase
1,749
1.835
Ordinary
Purchase
1,222
1.83
Ordinary
Purchase
1,181
1.83
Ordinary
Purchase
794
1.8355
Ordinary
Purchase
3,200
1.835
Ordinary
Purchase
5,681
1.834
Ordinary
Purchase
4,523
1.8305
Ordinary
Purchase
2,404
1.829
Ordinary
Purchase
5,208
1.8315
Ordinary
Purchase
5,890
1.8315
Ordinary
Purchase
2,402
1.83
Ordinary
Purchase
3,819
1.834
Ordinary
Purchase
4,169
1.8315
Ordinary
Purchase
4,904
1.8315
Ordinary
Purchase
4,739
1.83
Ordinary
Purchase
2,790
1.832
Ordinary
Purchase
1,029
1.8305
Ordinary
Purchase
4,953
1.8335
Ordinary
Purchase
1,229
1.8335
Ordinary
Purchase
2,389
1.844
Ordinary
Purchase
3,993
1.8305
Ordinary
Purchase
4,895
1.8305
Ordinary
Purchase
2,398
1.8335
Ordinary
Purchase
5,200
1.8315
Ordinary
Purchase
4,804
1.8315
Ordinary
Purchase
3,559
1.8315
Ordinary
Purchase
4,339
1.8295
Ordinary
Purchase
4,566
1.8315
Ordinary
Purchase
4,496
1.833
Ordinary
Purchase
456
1.828
Ordinary
Purchase
1,083
1.828
Ordinary
Purchase
1,583
1.828
Ordinary
Purchase
2,594
1.8315
Ordinary
Purchase
2,485
1.829
Ordinary
Purchase
1,817
1.829
Ordinary
Purchase
431
1.829
Ordinary
Purchase
403
1.829
Ordinary
Purchase
3,232
1.8315
Ordinary
Purchase
3,907
1.8315
Ordinary
Purchase
11,115
1.8295
Ordinary
Purchase
4,384
1.8315
Ordinary
Purchase
938
1.833
Ordinary
Purchase
3,019
1.833
Ordinary
Purchase
1,891
1.8325
Ordinary
Purchase
2,389
1.84
Ordinary
Purchase
2,491
1.832
Ordinary
Purchase
8,858
1.832
Ordinary
Purchase
5,009
1.832
Ordinary
Purchase
3,212
1.8405
Ordinary
Purchase
2,540
1.834
Ordinary
Purchase
5,522
1.8315
Ordinary
Purchase
1,120
1.8405
Ordinary
Purchase
2,500
1.8325
Ordinary
Purchase
51
1.8325
Ordinary
Purchase
900
1.8325
Ordinary
Purchase
4,451
1.8315
Ordinary
Purchase
379
1.8335
Ordinary
Purchase
2,048
1.8325
Ordinary
Purchase
4,122
1.8315
Ordinary
Purchase
6,828
1.8335
Ordinary
Purchase
1,112
1.8335
Ordinary
Purchase
4,904
1.8305
Ordinary
Purchase
2,124
1.8325
Ordinary
Purchase
176
1.8325
Ordinary
Purchase
1,071
1.8325
Ordinary
Purchase
40,220
1.8317365
Ordinary
Purchase
100,694
1.83823
Ordinary
Sale
2,774
1.83
Ordinary
Sale
1,539
1.83
Ordinary
Sale
1,268
1.8345
Ordinary
Sale
4,340
1.83
Ordinary
Sale
5,464
1.83
Ordinary
Sale
2,000
1.8335
Ordinary
Sale
1,618
1.844
Ordinary
Sale
1,501
1.833
Ordinary
Sale
2,096
1.833
Ordinary
Sale
1,088
1.8335
Ordinary
Sale
1,316
1.8335
Ordinary
Sale
1,923
1.8335
Ordinary
Sale
476
1.8335
Ordinary
Sale
432
1.8345
Ordinary
Sale
1,086
1.8345
Ordinary
Sale
1,100
1.834
Ordinary
Sale
1,585
1.834
Ordinary
Sale
124
1.8335
Ordinary
Sale
1,449
1.8335
Ordinary
Sale
428
1.8325
Ordinary
Sale
1,449
1.8325
Ordinary
Sale
3,101
1.831
Ordinary
Sale
107
1.8315
Ordinary
Sale
3,605
1.832
Ordinary
Sale
102
1.8314706
Ordinary
Sale
6,333
1.8295
Ordinary
Sale
7,097
1.8295
Ordinary
Sale
4,184
1.8295
Ordinary
Sale
6,333
1.8295
Ordinary
Sale
4,550
1.8295
Ordinary
Sale
115
1.8345
Ordinary
Sale
3,380
1.836
Ordinary
Sale
383
1.836
Ordinary
Sale
2,029
1.8295
Ordinary
Sale
753
1.8325
Ordinary
Sale
3,835
1.8335
Ordinary
Sale
1,506
1.8335
Ordinary
Sale
6,415
1.8325
Ordinary
Sale
788
1.8325
Ordinary
Sale
1,853
1.8315
Ordinary
Sale
2,148
1.8325
Ordinary
Sale
6,500
1.8345
Ordinary
Sale
2,100
1.83
Ordinary
Sale
1,400
1.8345
Ordinary
Sale
2,535
1.83
Ordinary
Sale
1,261
1.83
Ordinary
Sale
2,248
1.8345
Ordinary
Sale
4,596
1.8325
Ordinary
Sale
4,591
1.845
Ordinary
Sale
2,388
1.845
Ordinary
Sale
4,000
1.842
Ordinary
Sale
4,409
1.83
Ordinary
Sale
1,200
1.83
Ordinary
Sale
1,748
1.83
Ordinary
Sale
2,500
1.838
Ordinary
Sale
1,285
1.8405
Ordinary
Sale
3,395
1.8405
Ordinary
Sale
1,443
1.841
Ordinary
Sale
900
1.8495
Ordinary
Sale
1,200
1.8495
Ordinary
Sale
900
1.8495
Ordinary
Sale
171
1.8495
Ordinary
Sale
1,059
1.8495
Ordinary
Sale
4,408
1.83
Ordinary
Sale
4,340
1.83
Ordinary
Sale
1,199
1.83
Ordinary
Sale
5,846
1.83
Ordinary
Sale
2,381
1.85
Ordinary
Sale
2,500
1.8445
Ordinary
Sale
1,752
1.8345
Ordinary
Sale
1,748
1.8345
Ordinary
Sale
4,339
1.8345
Ordinary
Sale
2,240
1.844
Ordinary
Sale
6,750
1.8395
Ordinary
Sale
2,900
1.8375
Ordinary
Sale
1,800
1.8375
Ordinary
Sale
14,000
1.8335
Ordinary
Sale
2,398
1.8335
Ordinary
Sale
4,760
1.84
Ordinary
Sale
2,805
1.844
Ordinary
Sale
4,436
1.8335
Ordinary
Sale
1,600
1.8335
Ordinary
Sale
1,274
1.8335
Ordinary
Sale
1,446
1.836
Ordinary
Sale
2,057
1.842
Ordinary
Sale
517
1.8455
Ordinary
Sale
3,931
1.836
Ordinary
Sale
2,226
1.8445
Ordinary
Sale
827
1.8455
Ordinary
Sale
2,384
1.846
Ordinary
Sale
2,586
1.8435
Ordinary
Sale
2,258
1.8435
Ordinary
Sale
2,300
1.8435
Ordinary
Sale
8,834
1.8375
Ordinary
Sale
7,923
1.8375
Ordinary
Sale
8,834
1.8375
Ordinary
Sale
8,834
1.8375
Ordinary
Sale
4,476
1.835
Ordinary
Sale
1,740
1.8455
Ordinary
Sale
4,443
1.843
Ordinary
Sale
4,323
1.8405
Ordinary
Sale
143
1.8405
Ordinary
Sale
6,126
1.83
Ordinary
Sale
4,616
1.841
Ordinary
Sale
4,630
1.84
Ordinary
Sale
4,550
1.844
Ordinary
Sale
672
1.8295
Ordinary
Sale
8,830
1.8295
Ordinary
Sale
2,154
1.833
Ordinary
Sale
1,094
1.833
Ordinary
Sale
2,926
1.833
Ordinary
Sale
3,198
1.833
Ordinary
Sale
1,421
1.833
Ordinary
Sale
2,500
1.833
Ordinary
Sale
4,826
1.833
Ordinary
Sale
4,496
1.833
Ordinary
Sale
1,413
1.8335032
Ordinary
Sale
97
1.8315464
Ordinary
Sale
2,199
1.8295
Ordinary
Sale
271
1.8455
Ordinary
Sale
440
1.83
Ordinary
Sale
2,031
1.83
Ordinary
Sale
1,200
1.836
Ordinary
Sale
2,000
1.836
Ordinary
Sale
1,009
1.836
Ordinary
Sale
4,503
1.836
Ordinary
Sale
2,693
1.836
Ordinary
Sale
3,085
1.836
Ordinary
Sale
1,424
1.836
Ordinary
Sale
1,449
1.835
Ordinary
Sale
1,140
1.845
Ordinary
Sale
100
1.8455
Ordinary
Sale
630
1.8435
Ordinary
Sale
1,455
1.8435
Ordinary
Sale
5,337
1.8335
Ordinary
Sale
43
1.8335
Ordinary
Sale
1,698
1.8455
Ordinary
Sale
2,010
1.8365
Ordinary
Sale
1,300
1.845
Ordinary
Sale
1
1.844
Ordinary
Sale
18,059
1.8375
Ordinary
Sale
2,021
1.8375
Ordinary
Sale
2,174
1.8375
Ordinary
Sale
2,031
1.8375
Ordinary
Sale
1,746
1.833
Ordinary
Sale
1,451
1.83
Ordinary
Sale
2,000
1.83
Ordinary
Sale
28
1.841
Ordinary
Sale
100,694
1.837186
Total Purchases
780,245
Total Sales
508,831
(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
40,220
1.83173645
(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:
26/09/2017
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 Call Option
Sale
1,000,000
1.90
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
24,000
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 RNSThe company news service from the London Stock ExchangeENDRETEAENKAEFXEFF
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