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

TescoAnnouncement

19/01/2018 11:30

RNS Number : 4054C
Societe Generale SA
19 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
18/01/2018
(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: 8,118,947 Shares Interests and 23,756,643 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:
8,120,447
0.10
23,756,643
0.29
(2) Cash-settled derivatives:
15,965,382
0.19
1,455,000
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
15,000,000
0.18
3,404,000
0.04
 TOTAL:
39,085,829
0.48
28,615,643
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
2,879
2.111
Ordinary
Purchase
1,624
2.111
Ordinary
Purchase
1,800
2.1
Ordinary
Purchase
1,750
2.121
Ordinary
Purchase
2,741
2.098
Ordinary
Purchase
678
2.098
Ordinary
Purchase
1,849
2.102
Ordinary
Purchase
1,943
2.103
Ordinary
Purchase
1,406
2.097
Ordinary
Purchase
703
2.097
Ordinary
Purchase
703
2.097
Ordinary
Purchase
1,662
2.097
Ordinary
Purchase
703
2.097
Ordinary
Purchase
704
2.097
Ordinary
Purchase
6,007
2.097
Ordinary
Purchase
5,571
2.097
Ordinary
Purchase
6,006
2.097
Ordinary
Purchase
1,318
2.097
Ordinary
Purchase
870
2.098
Ordinary
Purchase
116
2.113
Ordinary
Purchase
1,974
2.113
Ordinary
Purchase
2,943
2.115
Ordinary
Purchase
4,110
2.102
Ordinary
Purchase
6,061
2.103
Ordinary
Purchase
6,340
2.103
Ordinary
Purchase
2,247
2.116
Ordinary
Purchase
2,085
2.115
Ordinary
Purchase
1,976
2.111
Ordinary
Purchase
5,599
2.099
Ordinary
Purchase
4,609
2.099
Ordinary
Purchase
1,513
2.099
Ordinary
Purchase
1,088
2.116
Ordinary
Purchase
3,839
2.121
Ordinary
Purchase
2,103
2.1
Ordinary
Purchase
2,601
2.101
Ordinary
Purchase
2,277
2.101
Ordinary
Purchase
997
2.116
Ordinary
Purchase
3,456
2.121
Ordinary
Purchase
2,329
2.097
Ordinary
Purchase
2,694
2.097
Ordinary
Purchase
2,377
2.114
Ordinary
Purchase
2,423
2.121
Ordinary
Purchase
2,254
2.121
Ordinary
Purchase
2,742
2.101
Ordinary
Purchase
2,346
2.101
Ordinary
Purchase
1,749
2.101
Ordinary
Purchase
2,080
2.121
Ordinary
Purchase
3,153
2.101
Ordinary
Purchase
2,180
2.119
Ordinary
Purchase
165
2.121
Ordinary
Purchase
1,915
2.121
Ordinary
Purchase
11,298
2.1
Ordinary
Purchase
2,087
2.115
Ordinary
Purchase
2,086
2.116
Ordinary
Purchase
2,247
2.116
Ordinary
Purchase
3,197
2.121
Ordinary
Purchase
62
2.121
Ordinary
Purchase
4,651
2.098
Ordinary
Purchase
2,085
2.117
Ordinary
Purchase
4,129
2.122
Ordinary
Purchase
6,704
2.098
Ordinary
Purchase
2,086
2.116
Ordinary
Purchase
2,740
2.1
Ordinary
Purchase
7,224
2.1
Ordinary
Purchase
2,156
2.115
Ordinary
Purchase
7,001
2.103
Ordinary
Purchase
3,121
2.117
Ordinary
Purchase
581
2.101
Ordinary
Purchase
3,359
2.101
Ordinary
Purchase
481
2.097
Ordinary
Purchase
2,700
2.097
Ordinary
Purchase
903
2.098
Ordinary
Purchase
1,277
2.098
Ordinary
Purchase
2,951
2.098
Ordinary
Purchase
2,047
2.121
Ordinary
Purchase
2,993
2.115
Ordinary
Purchase
3,848
2.122
Ordinary
Purchase
6,690
2.115
Ordinary
Purchase
2,119
2.115
Ordinary
Purchase
1,694
2.121
Ordinary
Purchase
43
2.1
Ordinary
Purchase
2,278
2.101
Ordinary
Purchase
3,585
2.098
Ordinary
Purchase
2,087
2.115
Ordinary
Purchase
5,280
2.098
Ordinary
Purchase
4,828
2.098
Ordinary
Purchase
2,236
2.122
Ordinary
Purchase
46
2.122
Ordinary
Purchase
29
2.101
Ordinary
Purchase
12,246
2.113
Ordinary
Purchase
4,053
2.098
Ordinary
Purchase
1,124
2.099
Ordinary
Purchase
250
2.099
Ordinary
Purchase
649
2.099
Ordinary
Purchase
2,562
2.099
Ordinary
Purchase
2,443
2.124
Ordinary
Purchase
550
2.119
Ordinary
Purchase
1,648
2.119
Ordinary
Purchase
1,132
2.125
Ordinary
Purchase
1,117
2.125
Ordinary
Purchase
2,281
2.121
Ordinary
Purchase
1,127
2.115
Ordinary
Purchase
960
2.115
Ordinary
Purchase
3,100
2.117
Ordinary
Purchase
3,271
2.116
Ordinary
Purchase
4,917
2.102
Ordinary
Purchase
548
2.121
Ordinary
Purchase
2,278
2.121
Ordinary
Purchase
1,901
2.108
Ordinary
Purchase
505
2.101
Ordinary
Purchase
2,077
2.124
Ordinary
Purchase
11,404
2.112
Ordinary
Purchase
2,086
2.115
Ordinary
Purchase
6,475
2.102
Ordinary
Purchase
2,102
2.1
Ordinary
Purchase
849
2.098
Ordinary
Purchase
849
2.102
Ordinary
Purchase
3,219
2.098
Ordinary
Purchase
3,543
2.102
Ordinary
Purchase
4,055
2.101
Ordinary
Purchase
2,492
2.101
Ordinary
Purchase
678
2.115
Ordinary
Purchase
1,409
2.115
Ordinary
Purchase
2,081
2.121
Ordinary
Purchase
2,076
2.125
Ordinary
Purchase
2,379
2.101
Ordinary
Purchase
78
2.101
Ordinary
Purchase
2,582
2.101
Ordinary
Purchase
2,262
2.117
Ordinary
Purchase
4,001
2.101
Ordinary
Purchase
3,263
2.101
Ordinary
Purchase
5,468
2.101
Ordinary
Purchase
2,847
2.101
Ordinary
Purchase
3,474
2.1
Ordinary
Purchase
3,635
2.102
Ordinary
Purchase
3,718
2.101
Ordinary
Purchase
2,000
2.102
Ordinary
Purchase
366
2.102
Ordinary
Purchase
3,982
2.1
Ordinary
Purchase
2,087
2.115
Ordinary
Purchase
2,019
2.121
Ordinary
Purchase
2,371
2.123
Ordinary
Purchase
2,713
2.099
Ordinary
Purchase
2,089
2.113
Ordinary
Purchase
700
2.123
Ordinary
Purchase
1,340
2.12
Ordinary
Purchase
540
2.12
Ordinary
Purchase
300
2.12
Ordinary
Purchase
2,732
2.12
Ordinary
Purchase
424
2.103
Ordinary
Purchase
315
2.121
Ordinary
Purchase
2,205
2.098
Ordinary
Purchase
2,246
2.103
Ordinary
Purchase
3,458
2.099
Ordinary
Purchase
2,802
2.098
Ordinary
Purchase
11,282
2.103
Ordinary
Purchase
1,092
2.102
Ordinary
Purchase
2,533
2.102
Ordinary
Purchase
681
2.111
Ordinary
Purchase
2,184
2.116
Ordinary
Purchase
1,209
2.111
Ordinary
Purchase
12,107
2.116
Ordinary
Purchase
297
2.097
Ordinary
Purchase
304
2.101
Ordinary
Purchase
1,754
2.099
Ordinary
Purchase
2,108
2.099
Ordinary
Purchase
3,370
2.099
Ordinary
Purchase
630
2.101
Ordinary
Purchase
78,033
2.097
Ordinary
Purchase
28,550
2.11
Ordinary
Sale
6,345
2.097
Ordinary
Sale
6,345
2.097
Ordinary
Sale
3,173
2.097
Ordinary
Sale
907
2.11
Ordinary
Sale
2,550
2.11
Ordinary
Sale
1,750
2.11
Ordinary
Sale
100
2.11
Ordinary
Sale
269
2.116
Ordinary
Sale
2,098
2.104
Ordinary
Sale
2,099
2.101
Ordinary
Sale
2,086
2.115
Ordinary
Sale
2,100
2.101
Ordinary
Sale
3,879
2.114
Ordinary
Sale
1,449
2.116
Ordinary
Sale
987
2.116
Ordinary
Sale
287
2.116
Ordinary
Sale
2,100
2.101
Ordinary
Sale
7,375
2.122
Ordinary
Sale
2,714
2.123
Ordinary
Sale
4,741
2.111
Ordinary
Sale
2,306
2.111
Ordinary
Sale
794
2.111
Ordinary
Sale
1,321
2.11
Ordinary
Sale
2,609
2.11
Ordinary
Sale
1,425
2.11
Ordinary
Sale
6,547
2.11
Ordinary
Sale
2,095
2.106
Ordinary
Sale
492
2.113
Ordinary
Sale
3,717
2.113
Ordinary
Sale
1,176
2.111
Ordinary
Sale
598
2.111
Ordinary
Sale
8,636
2.12
Ordinary
Sale
2,000
2.12
Ordinary
Sale
1,482
2.12
Ordinary
Sale
705
2.111
Ordinary
Sale
5,086
2.11
Ordinary
Sale
2,101
2.101
Ordinary
Sale
2,101
2.101
Ordinary
Sale
9,690
2.102
Ordinary
Sale
943
2.102
Ordinary
Sale
10,347
2.102
Ordinary
Sale
1,178
2.104
Ordinary
Sale
919
2.104
Ordinary
Sale
2,134
2.104
Ordinary
Sale
2,123
2.104
Ordinary
Sale
3,989
2.097
Ordinary
Sale
13,514
2.097
Ordinary
Sale
1,318
2.097
Ordinary
Sale
703
2.097
Ordinary
Sale
6,663
2.097
Ordinary
Sale
15,864
2.097
Ordinary
Sale
3,660
2.097
Ordinary
Sale
1,696
2.123
Ordinary
Sale
1,750
2.123
Ordinary
Sale
1,246
2.119
Ordinary
Sale
1,100
2.119
Ordinary
Sale
28,550
2.113241

Total Purchases
548,774


Total Sales
205,932

   
(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:
19/01/2018
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
Type
Expiry date
EUR
e.g. American, European etc.
Ordinary Shares
Listed Call Option
Sale
1,000
2.2
American options
19/01/2018
Ordinary Shares
Listed Call Option
Sale
2,750,000
1.8
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
1.6
American options
19/01/2018
Ordinary Shares
Listed Put Option
Purchase
30,000
1.6
American options
15/06/2018
Ordinary Shares
Listed Put Option
Purchase
500,000
2.4
American options
21/12/2018
Ordinary Shares
Listed Put Option
Purchase
5,000
1.4
American options
16/03/2018
Ordinary Shares
Listed Put Option
Purchase
40,000
1.4
American options
21/12/2018
Ordinary Shares
Listed Put Option
Purchase
24,000
1.4
American options
21/09/2018
Ordinary Shares
Listed Put Option
Purchase
40,000
2
American options
21/09/2018
Ordinary Shares
Listed Put Option
Purchase
5,000
2
American options
15/06/2018
Ordinary Shares
Listed Put Option
Sale
2,250,000
1
American options
18/09/2020
Ordinary Shares
Listed Put Option
Sale
2,750,000
1.8
American options
21/12/2018
Ordinary Shares
Listed Put Option
Sale
4,000,000
1.6
American options
21/09/2018
Ordinary Shares
OTC Put Option
Sale
6,000,000
1.6
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
  END
RETEAFFNFAXPEFF