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

TescoAnnouncement

29/11/2017 12:00

RNS Number : 8704X
Societe Generale SA
29 November 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
28/11/2017
(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: 12,573,210 Shares Interests and 24,498,905 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:
12,574,710
0.15
24,498,905
0.30
(2) Cash-settled derivatives:
18,387,939
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:
47,962,649
0.59
41,169,505
0.50
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
25,259
1.952
Ordinary
Purchase
69,675
1.952
Ordinary
Purchase
104,513
1.952
Ordinary
Purchase
7,380
1.952
Ordinary
Purchase
1,750
1.9495
Ordinary
Purchase
287
1.9495
Ordinary
Purchase
410
1.949
Ordinary
Purchase
410
1.9495
Ordinary
Purchase
927
1.9565
Ordinary
Purchase
1,906
1.9465
Ordinary
Purchase
2,496
1.949
Ordinary
Purchase
1,983
1.9485
Ordinary
Purchase
726
1.9505
Ordinary
Purchase
2,414
1.9505
Ordinary
Purchase
670
1.927
Ordinary
Purchase
3
1.927
Ordinary
Purchase
850
1.9505
Ordinary
Purchase
1,300
1.9505
Ordinary
Purchase
3,378
1.9505
Ordinary
Purchase
676
1.9505
Ordinary
Purchase
2,796
1.9505
Ordinary
Purchase
3,232
1.9425
Ordinary
Purchase
1,659
1.9555
Ordinary
Purchase
3,000
1.9555
Ordinary
Purchase
2,818
1.946
Ordinary
Purchase
2,310
1.958
Ordinary
Purchase
193
1.958
Ordinary
Purchase
680
1.958
Ordinary
Purchase
232
1.958
Ordinary
Purchase
784
1.958
Ordinary
Purchase
2,036
1.946
Ordinary
Purchase
54,909
1.952
Ordinary
Purchase
53,246
1.952
Ordinary
Purchase
11,543
1.952
Ordinary
Purchase
117,283
1.952
Ordinary
Purchase
24,732
1.952
Ordinary
Purchase
2,919
1.952
Ordinary
Purchase
1,878
1.9555
Ordinary
Purchase
1,284
1.9575
Ordinary
Purchase
3,709
1.9575
Ordinary
Purchase
7,213
1.952
Ordinary
Purchase
3,048
1.952
Ordinary
Purchase
393
1.9495
Ordinary
Purchase
13,891
1.952
Ordinary
Purchase
292
1.9495
Ordinary
Purchase
3,687
1.9565
Ordinary
Purchase
1,687
1.9575
Ordinary
Purchase
644
1.9575
Ordinary
Purchase
396
1.9575
Ordinary
Purchase
835
1.9575
Ordinary
Purchase
318
1.9575
Ordinary
Purchase
5,764
1.958
Ordinary
Purchase
703
1.958
Ordinary
Purchase
210
1.958
Ordinary
Purchase
11,564
1.952
Ordinary
Purchase
1,068
1.9585
Ordinary
Purchase
819
1.9585
Ordinary
Purchase
1,785
1.9585
Ordinary
Purchase
660
1.9585
Ordinary
Purchase
136
1.9585
Ordinary
Purchase
2,798
1.9585
Ordinary
Purchase
3,158
1.958
Ordinary
Purchase
773
1.958
Ordinary
Purchase
1,858
1.939
Ordinary
Purchase
1,457
1.9475
Ordinary
Purchase
169
1.9475
Ordinary
Purchase
1,163
1.9475
Ordinary
Purchase
1,938
1.926
Ordinary
Purchase
3,297
1.926
Ordinary
Purchase
1,750
1.945
Ordinary
Purchase
2,796
1.946
Ordinary
Purchase
98
1.9575
Ordinary
Purchase
2,320
1.9565
Ordinary
Purchase
109
1.9575
Ordinary
Purchase
2,320
1.957
Ordinary
Purchase
2,320
1.957
Ordinary
Purchase
218
1.95
Ordinary
Purchase
916
1.9565
Ordinary
Purchase
934
1.9565
Ordinary
Purchase
483
1.956
Ordinary
Purchase
715
1.958
Ordinary
Purchase
1,062
1.9555
Ordinary
Purchase
1,268
1.9555
Ordinary
Purchase
2,320
1.9555
Ordinary
Purchase
2,320
1.9555
Ordinary
Purchase
2,319
1.9555
Ordinary
Purchase
2,320
1.956
Ordinary
Purchase
2,319
1.956
Ordinary
Purchase
774
1.9575
Ordinary
Purchase
2,370
1.946
Ordinary
Purchase
2,758
1.9465
Ordinary
Purchase
424
1.957
Ordinary
Purchase
588
1.9505
Ordinary
Purchase
676
1.9505
Ordinary
Purchase
2,080
1.9475
Ordinary
Purchase
839
1.9555
Ordinary
Purchase
615
1.9555
Ordinary
Purchase
1,637
1.9555
Ordinary
Purchase
510
1.946
Ordinary
Purchase
2,711
1.958
Ordinary
Purchase
2,304
1.9415
Ordinary
Purchase
2,304
1.941
Ordinary
Purchase
3,819
1.9465
Ordinary
Purchase
11,617
1.952
Ordinary
Purchase
1,509
1.948
Ordinary
Purchase
3,103
1.946
Ordinary
Purchase
4,447
1.9425
Ordinary
Purchase
4,000
1.947
Ordinary
Purchase
4,344
1.947
Ordinary
Purchase
784
1.947
Ordinary
Purchase
2,297
1.9465
Ordinary
Purchase
4,494
1.9465
Ordinary
Purchase
2,930
1.943
Ordinary
Purchase
963
1.947
Ordinary
Purchase
1,708
1.925
Ordinary
Purchase
612
1.925
Ordinary
Purchase
2,295
1.9475
Ordinary
Purchase
2,317
1.925
Ordinary
Purchase
2,295
1.9555
Ordinary
Purchase
288
1.9555
Ordinary
Purchase
1,817
1.9445
Ordinary
Purchase
3,566
1.945
Ordinary
Purchase
549
1.947
Ordinary
Purchase
1,319
1.9465
Ordinary
Purchase
2,006
1.9555
Ordinary
Purchase
3,078
1.9475
Ordinary
Purchase
1,415
1.955
Ordinary
Purchase
1,400
1.948
Ordinary
Purchase
1,141
1.948
Ordinary
Purchase
11,598
1.949
Ordinary
Purchase
4,563
1.949
Ordinary
Purchase
11,598
1.949
Ordinary
Purchase
13,846
1.949
Ordinary
Purchase
2,248
1.949
Ordinary
Purchase
1,410
1.9485
Ordinary
Purchase
482
1.9445
Ordinary
Purchase
630
1.9575
Ordinary
Purchase
251
1.9575
Ordinary
Purchase
1,410
1.9575
Ordinary
Purchase
2,292
1.957
Ordinary
Purchase
2,293
1.949
Ordinary
Purchase
2,293
1.9495
Ordinary
Purchase
2,297
1.9465
Ordinary
Purchase
11,617
1.952
Ordinary
Purchase
2,168
1.9395
Ordinary
Purchase
138
1.9395
Ordinary
Purchase
330
1.9495
Ordinary
Purchase
1,963
1.9495
Ordinary
Purchase
4,074
1.945
Ordinary
Purchase
2,298
1.956
Ordinary
Purchase
586
1.9555
Ordinary
Purchase
1,709
1.9555
Ordinary
Purchase
259
1.956
Ordinary
Purchase
700
1.956
Ordinary
Purchase
2,127
1.932
Ordinary
Purchase
1,332
1.9565
Ordinary
Purchase
1,642
1.9565
Ordinary
Purchase
185
1.932
Ordinary
Purchase
2,734
1.956
Ordinary
Purchase
2,294
1.948
Ordinary
Purchase
352
1.956
Ordinary
Purchase
2,245
1.956
Ordinary
Purchase
2,141
1.9335
Ordinary
Purchase
167
1.9335
Ordinary
Purchase
1,303
1.949
Ordinary
Purchase
6,888
1.949
Ordinary
Purchase
4,418
1.947
Ordinary
Purchase
2,294
1.956
Ordinary
Purchase
3,389
1.9565
Ordinary
Purchase
2,298
1.945
Ordinary
Purchase
1,013
1.942
Ordinary
Purchase
1,289
1.942
Ordinary
Purchase
4,599
1.9475
Ordinary
Purchase
622
1.9435
Ordinary
Purchase
865
1.943
Ordinary
Purchase
2,305
1.94
Ordinary
Purchase
2,294
1.9555
Ordinary
Purchase
2,353
1.955
Ordinary
Purchase
3,626
1.958
Ordinary
Purchase
1,121
1.958
Ordinary
Purchase
1,373
1.958
Ordinary
Purchase
1,235
1.947
Ordinary
Purchase
1,523
1.95
Ordinary
Purchase
4,316
1.945
Ordinary
Purchase
2,100
1.9435
Ordinary
Purchase
2,954
1.943
Ordinary
Purchase
143
1.943
Ordinary
Purchase
232
1.9435
Ordinary
Purchase
913
1.958
Ordinary
Purchase
106
1.948
Ordinary
Purchase
2,874
1.958
Ordinary
Purchase
1,107
1.958
Ordinary
Purchase
557
1.958
Ordinary
Purchase
2,519
1.958
Ordinary
Purchase
622
1.958
Ordinary
Purchase
1,056
1.9365
Ordinary
Purchase
874
1.9365
Ordinary
Purchase
255
1.9365
Ordinary
Purchase
2,183
1.948
Ordinary
Purchase
120
1.9365
Ordinary
Purchase
2,294
1.9485
Ordinary
Purchase
5
1.948
Ordinary
Purchase
2,294
1.9485
Ordinary
Purchase
2,293
1.949
Ordinary
Purchase
2,295
1.948
Ordinary
Purchase
2,295
1.9485
Ordinary
Purchase
1,371
1.9475
Ordinary
Purchase
925
1.9475
Ordinary
Purchase
3,506
1.9465
Ordinary
Purchase
1,436
1.943
Ordinary
Purchase
1,044
1.948
Ordinary
Purchase
1,251
1.948
Ordinary
Purchase
2,295
1.955
Ordinary
Purchase
2,356
1.947
Ordinary
Purchase
2,297
1.9465
Ordinary
Purchase
2,295
1.947
Ordinary
Purchase
884
1.9485
Ordinary
Purchase
2,294
1.9525
Ordinary
Purchase
2,300
1.9435
Ordinary
Purchase
1,773
1.9405
Ordinary
Purchase
532
1.9405
Ordinary
Purchase
2,116
1.948
Ordinary
Purchase
769
1.95
Ordinary
Purchase
4,641
1.944
Ordinary
Purchase
4,669
1.9445
Ordinary
Purchase
103
1.9575
Ordinary
Purchase
2,320
1.957
Ordinary
Purchase
2,319
1.9565
Ordinary
Sale
1,600
1.9455
Ordinary
Sale
157
1.9455
Ordinary
Sale
1,063
1.946
Ordinary
Sale
2,928
1.946
Ordinary
Sale
1,444
1.945
Ordinary
Sale
3,239
1.944
Ordinary
Sale
1,200
1.946
Ordinary
Sale
1,777
1.948
Ordinary
Sale
4,156
1.946
Ordinary
Sale
1,454
1.937
Ordinary
Sale
2,519
1.958
Ordinary
Sale
1,444
1.9455
Ordinary
Sale
417
1.946
Ordinary
Sale
1
1.952
Ordinary
Sale
437
1.9462471
Ordinary
Sale
9,819
1.952
Ordinary
Sale
967
1.952
Ordinary
Sale
6,547
1.952
Ordinary
Sale
3,213
1.952
Ordinary
Sale
9,819
1.952
Ordinary
Sale
6,546
1.952
Ordinary
Sale
8,183
1.952
Ordinary
Sale
4,970
1.952
Ordinary
Sale
8,182
1.952
Ordinary
Sale
9,282
1.952
Ordinary
Sale
9,281
1.952
Ordinary
Sale
9,281
1.952
Ordinary
Sale
9,281
1.952
Ordinary
Sale
7,734
1.952
Ordinary
Sale
1,538
1.952
Ordinary
Sale
9,281
1.952
Ordinary
Sale
4,277
1.952
Ordinary
Sale
5,004
1.952
Ordinary
Sale
51
1.946
Ordinary
Sale
3,916
1.948
Ordinary
Sale
4,166
1.9475
Ordinary
Sale
3,855
1.9495
Ordinary
Sale
2,030
1.9435
Ordinary
Sale
4,250
1.9495
Ordinary
Sale
4,174
1.95
Ordinary
Sale
1,897
1.9505
Ordinary
Sale
2,481
1.9515
Ordinary
Sale
3,107
1.952
Ordinary
Sale
4,419
1.95
Ordinary
Sale
2,651
1.949
Ordinary
Sale
2,297
1.949
Ordinary
Sale
1,036
1.9495
Ordinary
Sale
393
1.9495
Ordinary
Sale
2,510
1.9415
Ordinary
Sale
411
1.9415
Ordinary
Sale
2,847
1.9525
Ordinary
Sale
2,321
1.9425
Ordinary
Sale
2,335
1.942
Ordinary
Sale
1,852
1.946
Ordinary
Sale
1,945
1.946
Ordinary
Sale
2,297
1.9465
Ordinary
Sale
568
1.946
Ordinary
Sale
1,820
1.946
Ordinary
Sale
2,296
1.95
Ordinary
Sale
2,301
1.946
Ordinary
Sale
3,207
1.9385
Ordinary
Sale
2,098
1.939
Ordinary
Sale
271
1.939
Ordinary
Sale
240
1.949
Ordinary
Sale
1,573
1.9425
Ordinary
Sale
3,084
1.943
Ordinary
Sale
1,477
1.9425
Ordinary
Sale
8,098
1.944
Ordinary
Sale
8,148
1.9445
Ordinary
Sale
8,096
1.9435
Ordinary
Sale
8,149
1.945
Ordinary
Sale
4,458
1.9445
Ordinary
Sale
2,617
1.9425
Ordinary
Sale
4,145
1.9435
Ordinary
Sale
4,180
1.944
Ordinary
Sale
1,110
1.9315
Ordinary
Sale
998
1.9315
Ordinary
Sale
2,197
1.932
Ordinary
Sale
4,030
1.9445
Ordinary
Sale
225
1.946
Ordinary
Sale
815
1.946
Ordinary
Sale
1,209
1.946
Ordinary
Sale
9,280
1.952
Ordinary
Sale
27,000
1.947825

Total Purchases
930,573


Total Sales
317,972

  
(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
 27,000 
1.95
(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:
29/11/2017
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.

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The company news service from the London Stock Exchange
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