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

TescoAnnouncement

24/01/2018 15:20

RNS Number : 8325C
Societe Generale SA
24 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
23/01/2018
(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: 8,391,955 Shares Interests and 22,953,482 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:
8,393,455
0.10
22,953,482
0.28
(2) Cash-settled derivatives:
15,114,457
0.18
1,455,000
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
15,000,000
0.18
3,402,000
0.04
 TOTAL:
38,507,912
0.47
27,810,482
0.34
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
79
2.075
Ordinary
Purchase
1,636
2.1
Ordinary
Purchase
273
2.097
Ordinary
Purchase
3,309
2.097
Ordinary
Purchase
1,922
2.097
Ordinary
Purchase
1,477
2.073
Ordinary
Purchase
1,294
2.075
Ordinary
Purchase
2,085
2.099
Ordinary
Purchase
2,364
2.099
Ordinary
Purchase
1,750
2.092
Ordinary
Purchase
685
2.092
Ordinary
Purchase
181
2.092
Ordinary
Purchase
685
2.092
Ordinary
Purchase
278
2.092
Ordinary
Purchase
2,002
2.092
Ordinary
Purchase
1,129
2.071
Ordinary
Purchase
1,814
2.073
Ordinary
Purchase
1,750
2.073
Ordinary
Purchase
15,864
2.096
Ordinary
Purchase
6,345
2.096
Ordinary
Purchase
15,864
2.096
Ordinary
Purchase
269
2.1
Ordinary
Purchase
1,022
2.1
Ordinary
Purchase
552
2.1
Ordinary
Purchase
290
2.092
Ordinary
Purchase
1,750
2.092
Ordinary
Purchase
289
2.092
Ordinary
Purchase
1,750
2.092
Ordinary
Purchase
1,705
2.098
Ordinary
Purchase
647
2.098
Ordinary
Purchase
1,750
2.072
Ordinary
Purchase
979
2.073
Ordinary
Purchase
1,750
2.073
Ordinary
Purchase
2,124
2.1
Ordinary
Purchase
1,093
2.097
Ordinary
Purchase
1,926
2.1
Ordinary
Purchase
4,418
2.074
Ordinary
Purchase
784
2.1
Ordinary
Purchase
1,221
2.077
Ordinary
Purchase
1,114
2.092
Ordinary
Purchase
1,806
2.092
Ordinary
Purchase
1,250
2.073
Ordinary
Purchase
1,037
2.073
Ordinary
Purchase
3,315
2.097
Ordinary
Purchase
2,068
2.077
Ordinary
Purchase
2,000
2.097
Ordinary
Purchase
1,953
2.097
Ordinary
Purchase
2,700
2.097
Ordinary
Purchase
455
2.097
Ordinary
Purchase
4,651
2.097
Ordinary
Purchase
2,113
2.077
Ordinary
Purchase
2,367
2.074
Ordinary
Purchase
2,329
2.073
Ordinary
Purchase
2,618
2.072
Ordinary
Purchase
2,000
2.073
Ordinary
Purchase
4,539
2.077
Ordinary
Purchase
2,787
2.073
Ordinary
Purchase
2,113
2.077
Ordinary
Purchase
2,717
2.077
Ordinary
Purchase
4,640
2.075
Ordinary
Purchase
2,108
2.08
Ordinary
Purchase
2,056
2.078
Ordinary
Purchase
327
2.078
Ordinary
Purchase
814
2.074
Ordinary
Purchase
1,302
2.074
Ordinary
Purchase
2,118
2.074
Ordinary
Purchase
2,037
2.075
Ordinary
Purchase
1,884
2.083
Ordinary
Purchase
224
2.083
Ordinary
Purchase
2,113
2.077
Ordinary
Purchase
2,116
2.075
Ordinary
Purchase
659
2.073
Ordinary
Purchase
4,188
2.073
Ordinary
Purchase
132
2.073
Ordinary
Purchase
2,318
2.075
Ordinary
Purchase
3,601
2.078
Ordinary
Purchase
2,007
2.072
Ordinary
Purchase
2,210
2.074
Ordinary
Purchase
1,444
2.073
Ordinary
Purchase
777
2.073
Ordinary
Purchase
2,217
2.075
Ordinary
Purchase
2,118
2.072
Ordinary
Purchase
2,641
2.073
Ordinary
Purchase
2,115
2.074
Ordinary
Purchase
2,063
2.075
Ordinary
Purchase
2,115
2.077
Ordinary
Purchase
1,712
2.072
Ordinary
Purchase
407
2.072
Ordinary
Purchase
1,762
2.073
Ordinary
Purchase
1,526
2.073
Ordinary
Purchase
245
2.092
Ordinary
Purchase
4,494
2.092
Ordinary
Purchase
2,000
2.092
Ordinary
Purchase
3,551
2.092
Ordinary
Purchase
1,284
2.092
Ordinary
Purchase
1,163
2.092
Ordinary
Purchase
1,476
2.092
Ordinary
Purchase
8,779
2.096
Ordinary
Purchase
8,779
2.096
Ordinary
Purchase
1,143
2.1
Ordinary
Purchase
173
2.092
Ordinary
Purchase
464
2.092
Ordinary
Purchase
3,512
2.092
Ordinary
Purchase
4,419
2.098
Ordinary
Purchase
2,081
2.075
Ordinary
Purchase
50
2.075
Ordinary
Purchase
2,420
2.069
Ordinary
Purchase
1,247
2.1
Ordinary
Purchase
104
2.1
Ordinary
Purchase
2,117
2.073
Ordinary
Purchase
2,112
2.078
Ordinary
Purchase
2,118
2.074
Ordinary
Purchase
2,112
2.077
Ordinary
Purchase
2,116
2.072
Ordinary
Purchase
2,110
2.079
Ordinary
Purchase
3,369
2.071
Ordinary
Purchase
2,728
2.073
Ordinary
Purchase
2,000
2.073
Ordinary
Purchase
2,875
2.073
Ordinary
Purchase
2,117
2.072
Ordinary
Purchase
313
2.072
Ordinary
Purchase
3,054
2.072
Ordinary
Purchase
61,661
2.096
Ordinary
Purchase
104,991
2.096
Ordinary
Purchase
17,884
2.096
Ordinary
Purchase
8,234
2.096
Ordinary
Purchase
152,744
2.096
Ordinary
Purchase
69,994
2.096
Ordinary
Purchase
58,328
2.096
Ordinary
Purchase
69,994
2.096
Ordinary
Purchase
33
2.075
Ordinary
Purchase
3,173
2.075
Ordinary
Purchase
3,173
2.075
Ordinary
Purchase
1,119,300
2.0862
Ordinary
Purchase
1,841,200
2.076
Ordinary
Sale
139,076
2.074922
Ordinary
Sale
3,474
2.096
Ordinary
Sale
14
2.094
Ordinary
Sale
2,091
2.102
Ordinary
Sale
2,803
2.097
Ordinary
Sale
1,133
2.102
Ordinary
Sale
2,230
2.102
Ordinary
Sale
1,750
2.105
Ordinary
Sale
9,167
2.096
Ordinary
Sale
998
2.104
Ordinary
Sale
1,750
2.077
Ordinary
Sale
1,296
2.097
Ordinary
Sale
1,296
2.097
Ordinary
Sale
1,688
2.102
Ordinary
Sale
1,898
2.102
Ordinary
Sale
2,197
2.106
Ordinary
Sale
1,119
2.106
Ordinary
Sale
407
2.106
Ordinary
Sale
577
2.106
Ordinary
Sale
468
2.106
Ordinary
Sale
1,250
2.077
Ordinary
Sale
1,250
2.079
Ordinary
Sale
687
2.088
Ordinary
Sale
1,256
2.088
Ordinary
Sale
2,037
2.103
Ordinary
Sale
900
2.103
Ordinary
Sale
1,889
2.096
Ordinary
Sale
1,889
2.096
Ordinary
Sale
2,889
2.096
Ordinary
Sale
2,519
2.096
Ordinary
Sale
1,260
2.096
Ordinary
Sale
1,889
2.096
Ordinary
Sale
1,889
2.096
Ordinary
Sale
1,259
2.096
Ordinary
Sale
1,259
2.096
Ordinary
Sale
1,259
2.096
Ordinary
Sale
2,430
2.096
Ordinary
Sale
312
2.099
Ordinary
Sale
2,000
2.079
Ordinary
Sale
3,845
2.095
Ordinary
Sale
1,342
2.1
Ordinary
Sale
2,792
2.1
Ordinary
Sale
1,215
2.101
Ordinary
Sale
876
2.101
Ordinary
Sale
2,086
2.103
Ordinary
Sale
1,506
2.091
Ordinary
Sale
4,297
2.096
Ordinary
Sale
2,834
2.086
Ordinary
Sale
4,838
2.099
Ordinary
Sale
236
2.1
Ordinary
Sale
5,136
2.077
Ordinary
Sale
2,478
2.104
Ordinary
Sale
2,752
2.096
Ordinary
Sale
1,601
2.077
Ordinary
Sale
603
2.099
Ordinary
Sale
4,474
2.099
Ordinary
Sale
2,210
2.104
Ordinary
Sale
5,157
2.077
Ordinary
Sale
216
2.1
Ordinary
Sale
2,561
2.086
Ordinary
Sale
5,254
2.098
Ordinary
Sale
172
2.094
Ordinary
Sale
3,600
2.094
Ordinary
Sale
2,797
2.101
Ordinary
Sale
635
2.101
Ordinary
Sale
2,092
2.1
Ordinary
Sale
4,484
2.094
Ordinary
Sale
630
2.1
Ordinary
Sale
1,597
2.094
Ordinary
Sale
3,232
2.1
Ordinary
Sale
632
2.1
Ordinary
Sale
365
2.1
Ordinary
Sale
4,480
2.094
Ordinary
Sale
2,506
2.079
Ordinary
Sale
1,142
2.091
Ordinary
Sale
516
2.091
Ordinary
Sale
215
2.096
Ordinary
Sale
634
2.095
Ordinary
Sale
2,107
2.086
Ordinary
Sale
976
2.096
Ordinary
Sale
1,899
2.094
Ordinary
Sale
1,739
2.096
Ordinary
Sale
1,301
2.097
Ordinary
Sale
2,952
2.097
Ordinary
Sale
3,978
2.098
Ordinary
Sale
4,243
2.099
Ordinary
Sale
3,018
2.103
Ordinary
Sale
1,000
2.105
Ordinary
Sale
3,572
2.103
Ordinary
Sale
1,937
2.1
Ordinary
Sale
8,376
2.082
Ordinary
Sale
2,934
2.1
Ordinary
Sale
2,230
2.1
Ordinary
Sale
4,473
2.099
Ordinary
Sale
1,042
2.096
Ordinary
Sale
215
2.098
Ordinary
Sale
2,517
2.1
Ordinary
Sale
4,727
2.094
Ordinary
Sale
1,590
2.094
Ordinary
Sale
3,471
2.093
Ordinary
Sale
2,863
2.09
Ordinary
Sale
3,147
2.104
Ordinary
Sale
1,626
2.105
Ordinary
Sale
3,787
2.098
Ordinary
Sale
3,033
2.104
Ordinary
Sale
2,206
2.098
Ordinary
Sale
5,779
2.098
Ordinary
Sale
74
2.098
Ordinary
Sale
4,710
2.098
Ordinary
Sale
2,614
2.103
Ordinary
Sale
266
2.103
Ordinary
Sale
2,940
2.091
Ordinary
Sale
4,091
2.093
Ordinary
Sale
225
2.095
Ordinary
Sale
4,329
2.095
Ordinary
Sale
3,024
2.084
Ordinary
Sale
1,138
2.092
Ordinary
Sale
3,001
2.092
Ordinary
Sale
3,182
2.091
Ordinary
Sale
475
2.091
Ordinary
Sale
4,350
2.096
Ordinary
Sale
203
2.096
Ordinary
Sale
6,650
2.098
Ordinary
Sale
6,554
2.099
Ordinary
Sale
111
2.098
Ordinary
Sale
215
2.1
Ordinary
Sale
3,894
2.091
Ordinary
Sale
536
2.096
Ordinary
Sale
3,788
2.1
Ordinary
Sale
4,254
2.087
Ordinary
Sale
4,031
2.087
Ordinary
Sale
6,743
2.101
Ordinary
Sale
3,576
2.102
Ordinary
Sale
901
2.102
Ordinary
Sale
3,535
2.102
Ordinary
Sale
1,273
2.102
Ordinary
Sale
8,769
2.087
Ordinary
Sale
2,000
2.102
Ordinary
Sale
2,389
2.102
Ordinary
Sale
4,300
2.096
Ordinary
Sale
5,172
2.089
Ordinary
Sale
5,052
2.089
Ordinary
Sale
9,226
2.097
Ordinary
Sale
2,914
2.098
Ordinary
Sale
8,943
2.097
Ordinary
Sale
2,187
2.099
Ordinary
Sale
3,361
2.093
Ordinary
Sale
3,443
2.085
Ordinary
Sale
2,343
2.104
Ordinary
Sale
2,152
2.103
Ordinary
Sale
1,719
2.105
Ordinary
Sale
731
2.105
Ordinary
Sale
3,759
2.106
Ordinary
Sale
2,647
2.085
Ordinary
Sale
1,454
2.106
Ordinary
Sale
1,839
2.106
Ordinary
Sale
4,886
2.106
Ordinary
Sale
1,127
2.106
Ordinary
Sale
2,191
2.085
Ordinary
Sale
2,630
2.107
Ordinary
Sale
2,092
2.099
Ordinary
Sale
458
2.101
Ordinary
Sale
982
2.101
Ordinary
Sale
689
2.099
Ordinary
Sale
5,152
2.094
Ordinary
Sale
3,561
2.104
Ordinary
Sale
3,794
2.095
Ordinary
Sale
2,629
2.105
Ordinary
Sale
782
2.105
Ordinary
Sale
4,459
2.099
Ordinary
Sale
3,603
2.106
Ordinary
Sale
3,225
2.093
Ordinary
Sale
1,640
2.1
Ordinary
Sale
6,208
2.107
Ordinary
Sale
4,657
2.088
Ordinary
Sale
4,309
2.1
Ordinary
Sale
199
2.086
Ordinary
Sale
3,048
2.106
Ordinary
Sale
2,343
2.106
Ordinary
Sale
1,680
2.106
Ordinary
Sale
2,931
2.106
Ordinary
Sale
4,154
2.086
Ordinary
Sale
5,182
2.094
Ordinary
Sale
4,106
2.094
Ordinary
Sale
48
2.094
Ordinary
Sale
2,833
2.101
Ordinary
Sale
4,651
2.095
Ordinary
Sale
1,102
2.085
Ordinary
Sale
1,577
2.085
Ordinary
Sale
2,626
2.086
Ordinary
Sale
3,530
2.084
Ordinary
Sale
2,519
2.099
Ordinary
Sale
4,156
2.098
Ordinary
Sale
2,879
2.106
Ordinary
Sale
2,518
2.106
Ordinary
Sale
3,267
2.091
Ordinary
Sale
3,642
2.091
Ordinary
Sale
3,202
2.099
Ordinary
Sale
3,688
2.105
Ordinary
Sale
1,036
2.106
Ordinary
Sale
305
2.105
Ordinary
Sale
1,780
2.086
Ordinary
Sale
4,558
2.093
Ordinary
Sale
326
2.086
Ordinary
Sale
4,354
2.095
Ordinary
Sale
3,981
2.096
Ordinary
Sale
49
2.099
Ordinary
Sale
2,070
2.099
Ordinary
Sale
3,228
2.096
Ordinary
Sale
979
2.096
Ordinary
Sale
4,805
2.097
Ordinary
Sale
2,752
2.098
Ordinary
Sale
781
2.098
Ordinary
Sale
2,855
2.096
Ordinary
Sale
664
2.097
Ordinary
Sale
983
2.098
Ordinary
Sale
3,802
2.086
Ordinary
Sale
415
2.098
Ordinary
Sale
564
2.086
Ordinary
Sale
2,293
2.086
Ordinary
Sale
346
2.086
Ordinary
Sale
3,315
2.103
Ordinary
Sale
1,478
2.093
Ordinary
Sale
1,708
2.093
Ordinary
Sale
3,127
2.103
Ordinary
Sale
3,953
2.1
Ordinary
Sale
2,580
2.086
Ordinary
Sale
4,579
2.087
Ordinary
Sale
8,952
2.087
Ordinary
Sale
3,831
2.102
Ordinary
Sale
194
2.096
Ordinary
Sale
5,940
2.096
Ordinary
Sale
7,919
2.096
Ordinary
Sale
5,939
2.096
Ordinary
Sale
5,940
2.096
Ordinary
Sale
5,939
2.096
Ordinary
Sale
5,940
2.096
Ordinary
Sale
1,119,300
2.0862
Ordinary
Sale
1,841,200
2.076

Total Purchases
3,778,022


Total Sales
3,731,129

   
(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
CFD
Increasing a long position
139,076
2.074922
(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:
24/01/2018
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
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
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
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