REG - Societe Generale SA Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 2345XSociete Generale SA22 November 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
21/11/2017
(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: 12,245,343 Shares Interests and 25,294,056 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:
12,246,843
0.15
25,294,056
0.31
(2) Cash-settled derivatives:
18,360,939
0.22
1,717,600
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
17,000,000
0.21
14,953,000
0.18
TOTAL:
47,607,782
0.58
41,964,656
0.51
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
1,750
1.871
Ordinary
Purchase
1,455
1.872
Ordinary
Purchase
1,076
1.872
Ordinary
Purchase
431
1.872
Ordinary
Purchase
3,342
1.8725
Ordinary
Purchase
188
1.8725
Ordinary
Purchase
2,371
1.873
Ordinary
Purchase
293
1.873
Ordinary
Purchase
1,428
1.876
Ordinary
Purchase
1,800
1.876
Ordinary
Purchase
1,750
1.873
Ordinary
Purchase
1,421
1.8715
Ordinary
Purchase
1,457
1.8755
Ordinary
Purchase
266
1.872
Ordinary
Purchase
350
1.872
Ordinary
Purchase
914
1.872
Ordinary
Purchase
812
1.873
Ordinary
Purchase
211
1.873
Ordinary
Purchase
460
1.873
Ordinary
Purchase
1,582
1.873
Ordinary
Purchase
94
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,370
1.89
Ordinary
Purchase
1,370
1.89
Ordinary
Purchase
1,141
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,358
1.89
Ordinary
Purchase
1,047
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,141
1.89
Ordinary
Purchase
1,141
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,141
1.89
Ordinary
Purchase
1,141
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,369
1.89
Ordinary
Purchase
1,240
1.875
Ordinary
Purchase
1,124
1.875
Ordinary
Purchase
75
1.8695
Ordinary
Purchase
2,297
1.8695
Ordinary
Purchase
285
1.8805
Ordinary
Purchase
496
1.8805
Ordinary
Purchase
1,708
1.8805
Ordinary
Purchase
2,366
1.8725
Ordinary
Purchase
2,365
1.8725
Ordinary
Purchase
2,370
1.871
Ordinary
Purchase
2,364
1.8745
Ordinary
Purchase
2,364
1.875
Ordinary
Purchase
1,712
1.871
Ordinary
Purchase
1,417
1.871
Ordinary
Purchase
2,368
1.872
Ordinary
Purchase
3,831
1.872
Ordinary
Purchase
1,938
1.874
Ordinary
Purchase
2,370
1.8705
Ordinary
Purchase
3,552
1.872
Ordinary
Purchase
3,242
1.875
Ordinary
Purchase
433
1.874
Ordinary
Purchase
58
1.874
Ordinary
Purchase
2,371
1.8685
Ordinary
Purchase
25,916
1.89
Ordinary
Purchase
8,172
1.873
Ordinary
Purchase
1,615
1.873
Ordinary
Purchase
2,000
1.873
Ordinary
Purchase
2,369
1.871
Ordinary
Purchase
2,351
1.8855
Ordinary
Purchase
2,363
1.8745
Ordinary
Purchase
2,365
1.8725
Ordinary
Purchase
25,916
1.89
Ordinary
Purchase
3,059
1.875
Ordinary
Purchase
2,433
1.87
Ordinary
Purchase
2,362
1.8765
Ordinary
Purchase
2,369
1.8705
Ordinary
Purchase
2,362
1.876
Ordinary
Purchase
290
1.872
Ordinary
Purchase
2,365
1.8725
Ordinary
Purchase
2,344
1.889
Ordinary
Purchase
1,108
1.8865
Ordinary
Purchase
2,369
1.871
Ordinary
Purchase
1,240
1.8865
Ordinary
Purchase
2,365
1.8745
Ordinary
Purchase
2,343
1.89
Ordinary
Purchase
2,352
1.8805
Ordinary
Purchase
2,364
1.8755
Ordinary
Purchase
1,025
1.875
Ordinary
Purchase
2,369
1.871
Ordinary
Purchase
2,000
1.8725
Ordinary
Purchase
1,500
1.8725
Ordinary
Purchase
1,071
1.871
Ordinary
Purchase
2,369
1.8715
Ordinary
Purchase
2,364
1.8755
Ordinary
Purchase
2,366
1.875
Ordinary
Purchase
1,338
1.875
Ordinary
Purchase
2,371
1.87
Ordinary
Purchase
2,431
1.874
Ordinary
Purchase
2,368
1.872
Ordinary
Purchase
164
1.87
Ordinary
Purchase
2,194
1.88
Ordinary
Purchase
79
1.8715
Ordinary
Purchase
2,290
1.8715
Ordinary
Purchase
2,206
1.87
Ordinary
Purchase
1,484
1.872
Ordinary
Purchase
1,142
1.872
Ordinary
Purchase
160
1.88
Ordinary
Purchase
1,790
1.8745
Ordinary
Purchase
574
1.8745
Ordinary
Purchase
2,367
1.8745
Ordinary
Purchase
1,298
1.871
Ordinary
Purchase
2,366
1.8755
Ordinary
Purchase
2,287
1.8745
Ordinary
Purchase
76
1.8745
Ordinary
Purchase
1,402
1.874
Ordinary
Purchase
1,467
1.871
Ordinary
Purchase
903
1.871
Ordinary
Purchase
2,359
1.878
Ordinary
Purchase
2,359
1.879
Ordinary
Purchase
2,415
1.8815
Ordinary
Purchase
2,414
1.882
Ordinary
Purchase
2,368
1.8715
Ordinary
Purchase
961
1.874
Ordinary
Purchase
2,366
1.874
Ordinary
Purchase
2,365
1.8745
Ordinary
Purchase
2,365
1.874
Ordinary
Purchase
2,414
1.881
Ordinary
Purchase
2,364
1.875
Ordinary
Purchase
2,365
1.874
Ordinary
Purchase
2,366
1.874
Ordinary
Purchase
994
1.8695
Ordinary
Purchase
1,376
1.8695
Ordinary
Purchase
2,370
1.871
Ordinary
Sale
1,529
1.8825
Ordinary
Sale
810
1.891
Ordinary
Sale
2,406
1.891
Ordinary
Sale
1,860
1.8895
Ordinary
Sale
4,622
1.8895
Ordinary
Sale
2,275
1.8895
Ordinary
Sale
1,750
1.893
Ordinary
Sale
4
1.893
Ordinary
Sale
182
1.8925
Ordinary
Sale
1,622
1.8925
Ordinary
Sale
1,079
1.8925
Ordinary
Sale
876
1.8925
Ordinary
Sale
1,750
1.8925
Ordinary
Sale
166
1.8925
Ordinary
Sale
621
1.8925
Ordinary
Sale
1,700
1.8925
Ordinary
Sale
48
1.8895
Ordinary
Sale
892
1.8895
Ordinary
Sale
3,574
1.89
Ordinary
Sale
446
1.8915
Ordinary
Sale
2,463
1.8915
Ordinary
Sale
24,592
1.891
Ordinary
Sale
1,379
1.8895
Ordinary
Sale
982
1.894
Ordinary
Sale
308
1.8935
Ordinary
Sale
1,054
1.8935
Ordinary
Sale
562
1.893
Ordinary
Sale
1,080
1.893
Ordinary
Sale
3,444
1.893
Ordinary
Sale
1,750
1.8925
Ordinary
Sale
308
1.8925
Ordinary
Sale
1,442
1.8925
Ordinary
Sale
1,136
1.8925
Ordinary
Sale
279
1.8925
Ordinary
Sale
260
1.8925
Ordinary
Sale
3,128
1.8915
Ordinary
Sale
1,217
1.8915
Ordinary
Sale
3,551
1.89
Ordinary
Sale
1,098
1.89
Ordinary
Sale
1,941
1.8875
Ordinary
Sale
804
1.8875
Ordinary
Sale
1,250
1.893
Ordinary
Sale
1,250
1.893
Ordinary
Sale
2,470
1.89075
Ordinary
Sale
3,355
1.8935
Ordinary
Sale
2,909
1.89175
Ordinary
Sale
446
1.89175
Ordinary
Sale
3,345
1.889500747
Ordinary
Sale
537
1.891
Ordinary
Sale
29,305
1.89
Ordinary
Sale
403
1.89
Ordinary
Sale
1,436
1.89
Ordinary
Sale
847
1.89
Ordinary
Sale
697
1.89
Ordinary
Sale
7,152
1.89
Ordinary
Sale
2,921
1.89
Ordinary
Sale
3,339
1.8745
Ordinary
Sale
2,759
1.875
Ordinary
Sale
2,354
1.891
Ordinary
Sale
1,303
1.875
Ordinary
Sale
1,862
1.8745
Ordinary
Sale
3,410
1.872
Ordinary
Sale
865
1.8915
Ordinary
Sale
1,140
1.8915
Ordinary
Sale
337
1.8915
Ordinary
Sale
3,831
1.872
Ordinary
Sale
2,955
1.885
Ordinary
Sale
500
1.8905
Ordinary
Sale
1,847
1.8905
Ordinary
Sale
2,476
1.869
Ordinary
Sale
5,191
1.869
Ordinary
Sale
3,411
1.88
Ordinary
Sale
1,890
1.8895
Ordinary
Sale
4,355
1.8895
Ordinary
Sale
2,490
1.892
Ordinary
Sale
3,237
1.872
Ordinary
Sale
425
1.872
Ordinary
Sale
828
1.892
Ordinary
Sale
4,356
1.892
Ordinary
Sale
4,284
1.892
Ordinary
Sale
1,340
1.892
Ordinary
Sale
2,000
1.893
Ordinary
Sale
1,006
1.893
Ordinary
Sale
2,596
1.893
Ordinary
Sale
1,583
1.893
Ordinary
Sale
1,965
1.893
Ordinary
Sale
1,008
1.893
Ordinary
Sale
3,183
1.887
Ordinary
Sale
4,551
1.8945
Ordinary
Sale
2,855
1.876
Ordinary
Sale
2,401
1.8925
Ordinary
Sale
1,952
1.8925
Ordinary
Sale
2,339
1.8935
Ordinary
Sale
2,343
1.889
Ordinary
Sale
2,343
1.8885
Ordinary
Sale
6,542
1.89
Ordinary
Sale
4,566
1.8695
Ordinary
Sale
2,341
1.89
Ordinary
Sale
1,234
1.8745
Ordinary
Sale
3,419
1.8735
Ordinary
Sale
1,702
1.8745
Ordinary
Sale
2,292
1.8745
Ordinary
Sale
2,340
1.8905
Ordinary
Sale
2,441
1.874
Ordinary
Sale
3,507
1.8745
Ordinary
Sale
2,844
1.89
Ordinary
Sale
2,340
1.8935
Ordinary
Sale
4,276
1.893
Ordinary
Sale
4,572
1.89
Ordinary
Sale
8,788
1.89
Ordinary
Sale
225
1.875
Ordinary
Sale
3,324
1.892
Ordinary
Sale
400
1.892
Ordinary
Sale
668
1.892
Ordinary
Sale
2,339
1.891
Ordinary
Sale
5,944
1.89
Ordinary
Sale
2,790
1.89
Ordinary
Sale
8,788
1.89
Ordinary
Sale
5,030
1.89
Ordinary
Sale
8,788
1.89
Ordinary
Sale
2,739
1.89
Ordinary
Sale
8,788
1.89
Ordinary
Sale
4,975
1.8795
Ordinary
Sale
225
1.875
Ordinary
Sale
4,303
1.8745
Ordinary
Sale
91
1.8695
Ordinary
Sale
792
1.8695
Ordinary
Sale
1,183
1.8695
Ordinary
Sale
1,549
1.8695
Ordinary
Sale
100
1.89
Ordinary
Sale
945
1.8745
Ordinary
Sale
4,572
1.89
Ordinary
Sale
6,858
1.89
Ordinary
Sale
3,123
1.89
Ordinary
Sale
1,989
1.89
Ordinary
Sale
2,303
1.8745
Ordinary
Sale
613
1.8865
Ordinary
Sale
1,733
1.8865
Ordinary
Sale
5,186
1.8695
Ordinary
Sale
5,180
1.87
Ordinary
Sale
2,341
1.89
Ordinary
Sale
9,921
1.89
Ordinary
Sale
1,984
1.89
Ordinary
Sale
7,936
1.89
Ordinary
Sale
9,217
1.89
Ordinary
Sale
5,953
1.89
Ordinary
Sale
11,905
1.89
Ordinary
Sale
5,952
1.89
Ordinary
Sale
9,921
1.89
Ordinary
Sale
9,921
1.89
Ordinary
Sale
5,952
1.89
Ordinary
Sale
5,953
1.89
Ordinary
Sale
4,000
1.874831
Total Purchases
275,802
Total Sales
471,926
(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
Future
Increasing a long position
4,000
1.874831
(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:
22/11/2017
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
40,000
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
Ordinary Shares
Listed Put Option
Sale
4,000,000
1.600
American options
21/09/2018
Ordinary Shares
OTC Put Option
Sale
6,000,000
1.600
American options
21/09/2018
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 ExchangeENDRETEAEFAASPXFFF
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