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

TescoAnnouncement

27/12/2017 09:55

RNS Number : 3487A
Societe Generale SA
27 December 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
22/12/2017
(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: 8,940,653 Shares Interests and 24,199,499 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:
8,942,153
0.11
24,199,499
0.30
(2) Cash-settled derivatives:
16,550,161
0.20
1,455,000
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
15,000,000
0.18
3,359,000
0.04
 TOTAL:
40,492,314
0.49
29,013,499
0.35
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
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
11
2.0675
Ordinary
Purchase
1,750
2.081
Ordinary
Purchase
1,750
2.0805
Ordinary
Purchase
150
2.0805
Ordinary
Purchase
1,750
2.0755
Ordinary
Purchase
1,848
2.0725
Ordinary
Purchase
242
2.0725
Ordinary
Purchase
2,769
2.0725
Ordinary
Purchase
3,090
2.0725
Ordinary
Purchase
1,848
2.0725
Ordinary
Purchase
1,283
2.075
Ordinary
Purchase
908
2.079
Ordinary
Purchase
1,750
2.0755
Ordinary
Purchase
142
2.076
Ordinary
Purchase
961
2.076
Ordinary
Purchase
1,211
2.076
Ordinary
Purchase
1,184
2.08
Ordinary
Purchase
2,593
2.0725
Ordinary
Purchase
3,058
2.0725
Ordinary
Purchase
3,162
2.0675
Ordinary
Purchase
632
2.0675
Ordinary
Purchase
3,479
2.0675
Ordinary
Purchase
3,162
2.0675
Ordinary
Purchase
6,042
2.0675
Ordinary
Purchase
661
2.0675
Ordinary
Purchase
1,128
2.07
Ordinary
Purchase
2,873
2.0695
Ordinary
Purchase
2,142
2.069
Ordinary
Purchase
601
2.068
Ordinary
Purchase
1,843
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
12
2.0675
Ordinary
Purchase
4,854
2.0885
Ordinary
Purchase
2,126
2.083
Ordinary
Purchase
1,282
2.076
Ordinary
Purchase
1,834
2.076
Ordinary
Purchase
269
2.083
Ordinary
Purchase
4,266
2.084
Ordinary
Purchase
3,912
2.0835
Ordinary
Purchase
766
2.0835
Ordinary
Purchase
1,061
2.0835
Ordinary
Purchase
3,943
2.0845
Ordinary
Purchase
4,669
2.0835
Ordinary
Purchase
2,173
2.0835
Ordinary
Purchase
2,000
2.081
Ordinary
Purchase
720
2.081
Ordinary
Purchase
1,258
2.082
Ordinary
Purchase
957
2.082
Ordinary
Purchase
2,000
2.08
Ordinary
Purchase
532
2.08
Ordinary
Purchase
1,174
2.08
Ordinary
Purchase
1,279
2.08
Ordinary
Purchase
2,135
2.0745
Ordinary
Purchase
2,132
2.078
Ordinary
Purchase
2,132
2.0775
Ordinary
Purchase
2,131
2.0785
Ordinary
Purchase
2,132
2.078
Ordinary
Purchase
1,256
2.0765
Ordinary
Purchase
6,321
2.073
Ordinary
Purchase
1,564
2.0725
Ordinary
Purchase
2,000
2.072
Ordinary
Purchase
2,023
2.072
Ordinary
Purchase
2,135
2.073
Ordinary
Purchase
185
2.0725
Ordinary
Purchase
387
2.0725
Ordinary
Purchase
844
2.072
Ordinary
Purchase
2,000
2.072
Ordinary
Purchase
4,000
2.0725
Ordinary
Purchase
1,769
2.0725
Ordinary
Purchase
1,313
2.0725
Ordinary
Purchase
211
2.0725
Ordinary
Purchase
1,036
2.0745
Ordinary
Purchase
4,518
2.0745
Ordinary
Purchase
1,367
2.075
Ordinary
Purchase
220
2.075
Ordinary
Purchase
1,969
2.0755
Ordinary
Purchase
800
2.0745
Ordinary
Purchase
196
2.0745
Ordinary
Purchase
180
2.0755
Ordinary
Purchase
1,342
2.075
Ordinary
Purchase
1,317
2.0775
Ordinary
Purchase
1,639
2.0775
Ordinary
Purchase
284
2.075
Ordinary
Purchase
1,094
2.075
Ordinary
Purchase
2,000
2.075
Ordinary
Purchase
1,395
2.075
Ordinary
Purchase
1,281
2.075
Ordinary
Purchase
2,135
2.076
Ordinary
Purchase
254
2.075
Ordinary
Purchase
1,932
2.075
Ordinary
Purchase
1,367
2.0745
Ordinary
Purchase
2,000
2.0745
Ordinary
Purchase
2,136
2.074
Ordinary
Purchase
1,586
2.07
Ordinary
Purchase
906
2.07
Ordinary
Purchase
1,750
2.07
Ordinary
Purchase
1,575
2.0805
Ordinary
Purchase
1,575
2.0805
Ordinary
Purchase
1,155
2.083
Ordinary
Purchase
1,541
2.081
Ordinary
Purchase
1,541
2.081
Ordinary
Purchase
1,750
2.0805
Ordinary
Purchase
1,042
2.082
Ordinary
Purchase
793
2.082
Ordinary
Purchase
1,750
2.081
Ordinary
Purchase
972
2.08
Ordinary
Purchase
92
2.08
Ordinary
Purchase
1,750
2.08
Ordinary
Purchase
1,457
2.08
Ordinary
Purchase
1,287
2.0755
Ordinary
Purchase
1,246
2.0795
Ordinary
Purchase
1,750
2.072
Ordinary
Purchase
1,291
2.072
Ordinary
Purchase
1,087
2.0725
Ordinary
Purchase
1,453
2.072
Ordinary
Purchase
1,453
2.072
Ordinary
Purchase
82
2.0725
Ordinary
Purchase
1,454
2.0725
Ordinary
Purchase
1,382
2.072
Ordinary
Purchase
1,118
2.0725
Ordinary
Purchase
1,118
2.0725
Ordinary
Purchase
1,692
2.0745
Ordinary
Purchase
1,631
2.0755
Ordinary
Purchase
1,133
2.075
Ordinary
Purchase
1,405
2.0745
Ordinary
Purchase
1,155
2.075
Ordinary
Purchase
906
2.075
Ordinary
Purchase
1,337
2.0755
Ordinary
Purchase
1,133
2.074
Ordinary
Purchase
1,750
2.0745
Ordinary
Purchase
1,133
2.0745
Ordinary
Purchase
1,750
2.073
Ordinary
Purchase
1,700
2.073
Ordinary
Purchase
31,635
2.0675
Ordinary
Purchase
17,380
2.0675
Ordinary
Sale
1,750
2.0885
Ordinary
Sale
1,400
2.089
Ordinary
Sale
4,695
2.09
Ordinary
Sale
93
2.0845
Ordinary
Sale
4,661
2.0845
Ordinary
Sale
1,250
2.0875
Ordinary
Sale
5,326
2.0875
Ordinary
Sale
575
2.0735
Ordinary
Sale
1,995
2.0735
Ordinary
Sale
592
2.0735
Ordinary
Sale
2,703
2.08
Ordinary
Sale
1,630
2.0805
Ordinary
Sale
2,415
2.0815
Ordinary
Sale
2,128
2.081
Ordinary
Sale
985
2.0805
Ordinary
Sale
2,129
2.083
Ordinary
Sale
2,610
2.0925
Ordinary
Sale
1,961
2.0925
Ordinary
Sale
2,129
2.0805
Ordinary
Sale
2,284
2.084
Ordinary
Sale
2,125
2.0835
Ordinary
Sale
2,283
2.085
Ordinary
Sale
4,460
2.085
Ordinary
Sale
4,082
2.09
Ordinary
Sale
3,447
2.087
Ordinary
Sale
2,503
2.0885
Ordinary
Sale
3,790
2.091
Ordinary
Sale
4,032
2.0905
Ordinary
Sale
2,316
2.089
Ordinary
Sale
2,685
2.0885
Ordinary
Sale
2,365
2.0875
Ordinary
Sale
2,843
2.0885
Ordinary
Sale
2,143
2.088
Ordinary
Sale
2,127
2.085
Ordinary
Sale
287
2.088
Ordinary
Sale
2,124
2.088
Ordinary
Sale
2,175
2.0885
Ordinary
Sale
2,525
2.0865
Ordinary
Sale
2,566
2.086
Ordinary
Sale
2,000
2.089
Ordinary
Sale
2,000
2.089
Ordinary
Sale
2,139
2.0715
Ordinary
Sale
2,129
2.0835
Ordinary
Sale
2,138
2.0725
Ordinary
Sale
2,245
2.073
Ordinary
Sale
2,669
2.09
Ordinary
Sale
1,230
2.0735
Ordinary
Sale
906
2.0735
Ordinary
Sale
2,073
2.074
Ordinary
Sale
60
2.074
Ordinary
Sale
2,181
2.0835
Ordinary
Sale
1,255
2.0805
Ordinary
Sale
1,249
2.081
Ordinary
Sale
2,138
2.074
Ordinary
Sale
2,230
2.0785
Ordinary
Sale
450
2.0785
Ordinary
Sale
2,139
2.074
Ordinary
Sale
2,133
2.078
Ordinary
Sale
2,766
2.0905
Ordinary
Sale
238
2.0735
Ordinary
Sale
1,900
2.0735
Ordinary
Sale
1,514
2.081
Ordinary
Sale
2,132
2.079
Ordinary
Sale
2,139
2.0715
Ordinary
Sale
2,094
2.0905
Ordinary
Sale
2,140
2.071
Ordinary
Sale
5,206
2.0925
Ordinary
Sale
2,085
2.0785
Ordinary
Sale
2,079
2.0795
Ordinary
Sale
1,854
2.08
Ordinary
Sale
2,185
2.0785
Ordinary
Sale
73
2.0845
Ordinary
Sale
2,258
2.0845
Ordinary
Sale
2,185
2.0845
Ordinary
Sale
2,131
2.079
Ordinary
Sale
2,137
2.074
Ordinary
Sale
4,000
2.08
Ordinary
Sale
313
2.0815
Ordinary
Sale
2,008
2.08
Ordinary
Sale
2,129
2.081
Ordinary
Sale
1,144
2.0805
Ordinary
Sale
2,138
2.0735
Ordinary
Sale
53
2.0835
Ordinary
Sale
496
2.0675
Ordinary
Sale
9,222
2.0675
Ordinary
Sale
2,627
2.08
Ordinary
Sale
2,394
2.087
Ordinary
Sale
484
2.0905
Ordinary
Sale
1,750
2.0905
Ordinary
Sale
1,750
2.078
Ordinary
Sale
50
2.0845
Ordinary
Sale
220
2.0845
Ordinary
Sale
1,025
2.0845
Ordinary
Sale
5,380
2.08
Ordinary
Sale
6,564
2.0675

Total Purchases
264,130


Total Sales
208,416

   
(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:
27/12/2017
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
2,750,000
1.800
American options
21/12/2018
Ordinary Shares
Listed Put Option
Purchase
8,000
1.4
American options
15/06/2018
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
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
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
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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