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

TescoAnnouncement

02/01/2018 10:20

RNS Number : 6975A
Societe Generale SA
02 January 2018
 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
29/12/2017
(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: 8,814,460 Shares Interests and 23,649,466 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:
8,815,960
0.11
23,649,466
0.29
(2) Cash-settled derivatives:
16,557,948
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:
40,373,908
0.49
28,463,466
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
1,250
2.085504
Ordinary
Purchase
1,456
2.0925
Ordinary
Purchase
1,254
2.095
Ordinary
Purchase
70
2.095
Ordinary
Purchase
1,838
2.095
Ordinary
Purchase
2,971
2.0945
Ordinary
Purchase
191
2.0945
Ordinary
Purchase
3,162
2.094
Ordinary
Purchase
7,906
2.096
Ordinary
Purchase
7,906
2.099
Ordinary
Purchase
7,906
2.0925
Ordinary
Purchase
7,906
2.0925
Ordinary
Purchase
31,624
2.0925
Ordinary
Purchase
2,000
2.0895
Ordinary
Purchase
1,162
2.0895
Ordinary
Purchase
2,148
2.0855
Ordinary
Purchase
1,006
2.0855
Ordinary
Purchase
3,162
2.0925
Ordinary
Purchase
545
2.0815
Ordinary
Purchase
2,843
2.0815
Ordinary
Purchase
5,538
2.0815
Ordinary
Purchase
3,800
2.0855
Ordinary
Purchase
2,655
2.1
Ordinary
Purchase
24
2.1
Ordinary
Purchase
816
2.1
Ordinary
Purchase
84,004
2.1
Ordinary
Purchase
584
2.1
Ordinary
Purchase
3,418
2.0845
Ordinary
Purchase
932
2.0815
Ordinary
Purchase
4,036
2.082
Ordinary
Purchase
3,062
2.08
Ordinary
Purchase
930
2.086
Ordinary
Purchase
2,000
2.086
Ordinary
Purchase
1,800
2.087
Ordinary
Purchase
2,000
2.087
Ordinary
Purchase
3,644
2.089
Ordinary
Purchase
2,000
2.0915
Ordinary
Purchase
2,319
2.0915
Ordinary
Purchase
5,912
2.086
Ordinary
Purchase
3,645
2.082
Ordinary
Purchase
3,547
2.0815
Ordinary
Purchase
616
2.083
Ordinary
Purchase
2,546
2.083
Ordinary
Purchase
3,162
2.096
Ordinary
Purchase
1,043
2.098
Ordinary
Purchase
2,119
2.098
Ordinary
Purchase
3,125
2.099
Ordinary
Purchase
31,624
2.0925
Ordinary
Purchase
31,624
2.0925
Ordinary
Purchase
9,487
2.0925
Ordinary
Purchase
145
2.089
Ordinary
Purchase
1,000
2.089
Ordinary
Purchase
2,017
2.089
Ordinary
Purchase
296
2.087
Ordinary
Purchase
2,330
2.089
Ordinary
Purchase
536
2.089
Ordinary
Purchase
1,162
2.0915
Ordinary
Purchase
2,000
2.091
Ordinary
Purchase
1,087
2.097
Ordinary
Purchase
3,128
2.0815
Ordinary
Purchase
1,284
2.086
Ordinary
Purchase
2,033
2.1
Ordinary
Purchase
368
2.1
Ordinary
Purchase
817
2.1
Ordinary
Purchase
1,056
2.1
Ordinary
Purchase
3,117
2.0835
Ordinary
Purchase
1,848
2.086
Ordinary
Purchase
1,750
2.082
Ordinary
Purchase
1,750
2.082
Ordinary
Purchase
1,750
2.082
Ordinary
Purchase
1,750
2.087
Ordinary
Purchase
1,200
2.0885
Ordinary
Purchase
1,300
2.0885
Ordinary
Purchase
2,092
2.0905
Ordinary
Purchase
1,849
2.088
Ordinary
Purchase
2,241
2.078
Ordinary
Purchase
2,975
2.08
Ordinary
Purchase
1,750
2.097
Ordinary
Purchase
1,750
2.0855
Ordinary
Purchase
1,100
2.0885
Ordinary
Purchase
1,300
2.0885
Ordinary
Purchase
1,750
2.0885
Ordinary
Purchase
1,750
2.0905
Ordinary
Purchase
1,750
2.0915
Ordinary
Purchase
13
2.099
Ordinary
Purchase
24
2.099
Ordinary
Purchase
8
2.0855
Ordinary
Purchase
140,028
2.0925
Ordinary
Sale
1,549
2.085
Ordinary
Sale
1,250
2.0835
Ordinary
Sale
2,128
2.085
Ordinary
Sale
1,401
2.0805
Ordinary
Sale
93
2.08
Ordinary
Sale
2,039
2.08
Ordinary
Sale
730
2.0805
Ordinary
Sale
4,669
2.083
Ordinary
Sale
1,076
2.085
Ordinary
Sale
140
2.085
Ordinary
Sale
682
2.085
Ordinary
Sale
230
2.085
Ordinary
Sale
723
2.0855
Ordinary
Sale
2,130
2.0835
Ordinary
Sale
2,132
2.081
Ordinary
Sale
1,452
2.085
Ordinary
Sale
728
2.085
Ordinary
Sale
2,180
2.0855
Ordinary
Sale
2,177
2.085
Ordinary
Sale
2,476
2.083
Ordinary
Sale
2,383
2.0835
Ordinary
Sale
805
2.085
Ordinary
Sale
2,126
2.085
Ordinary
Sale
1,317
2.0855
Ordinary
Sale
808
2.0855
Ordinary
Sale
2,129
2.084
Ordinary
Sale
624
2.085
Ordinary
Sale
1,250
2.085
Ordinary
Sale
723
2.085
Ordinary
Sale
2,187
2.079
Ordinary
Sale
2,127
2.0855
Ordinary
Sale
2,126
2.084
Ordinary
Sale
115
2.0855
Ordinary
Sale
1,155
2.0855
Ordinary
Sale
1,665
2.0855
Ordinary
Sale
2,901
2.086
Ordinary
Sale
2,192
2.082
Ordinary
Sale
2,251
2.0815
Ordinary
Sale
2,131
2.0815
Ordinary
Sale
2,155
2.0825
Ordinary
Sale
1,813
2.085
Ordinary
Sale
712
2.0855
Ordinary
Sale
546
2.085
Ordinary
Sale
940
2.0855
Ordinary
Sale
844
2.0855
Ordinary
Sale
2,132
2.0815
Ordinary
Sale
723
2.088
Ordinary
Sale
2,179
2.0855
Ordinary
Sale
73
2.085
Ordinary
Sale
1,750
2.0785029
Ordinary
Sale
492
2.0925
Ordinary
Sale
1,376
2.0925
Ordinary
Sale
1,812
2.0925
Ordinary
Sale
885
2.0925
Ordinary
Sale
1,377
2.0925
Ordinary
Sale
1,600
2.083
Ordinary
Sale
1,173
2.0815
Ordinary
Sale
2,094
2.081
Ordinary
Sale
44
2.0925
Ordinary
Sale
4,050
2.0925
Ordinary
Sale
932
2.0925
Ordinary
Sale
5,808
2.0925
Ordinary
Sale
22,750
2.0925
Ordinary
Sale
140,028
2.0925
Ordinary
Sale
140,028
2.0925

Total Purchases
504,422


Total Sales
399,316

   
(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:
02/01/2018
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.

This information is provided by RNS
The company news service from the London Stock Exchange
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