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

TescoAnnouncement

25/01/2018 12:40

RNS Number : 9505C
Societe Generale SA
25 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
24/01/2018
(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: 8,396,363 Shares Interests and 22,960,897 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:
8,397,863
0.10
22,960,897
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:
38,512,320
0.47
27,817,897
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
2,081
2.095
Ordinary
Purchase
1,800
2.095
Ordinary
Purchase
2,000
2.095
Ordinary
Purchase
576
2.096
Ordinary
Purchase
1,724
2.096
Ordinary
Purchase
2,474
2.091
Ordinary
Purchase
2,075
2.098
Ordinary
Purchase
1,722
2.098
Ordinary
Purchase
367
2.098
Ordinary
Purchase
5,866
2.092
Ordinary
Purchase
2,078
2.099
Ordinary
Purchase
2,078
2.098
Ordinary
Purchase
92
2.097
Ordinary
Purchase
1,764
2.097
Ordinary
Purchase
5,297
2.1
Ordinary
Purchase
8,040
2.099
Ordinary
Purchase
1,786
2.097
Ordinary
Purchase
2,080
2.097
Ordinary
Purchase
830
2.098
Ordinary
Purchase
1,408
2.098
Ordinary
Purchase
1,859
2.098
Ordinary
Purchase
200
2.098
Ordinary
Purchase
152
2.098
Ordinary
Purchase
1,934
2.098
Ordinary
Purchase
2,075
2.1
Ordinary
Purchase
1,356
2.098
Ordinary
Purchase
1,767
2.099
Ordinary
Purchase
320
2.099
Ordinary
Purchase
96
2.096
Ordinary
Purchase
2,094
2.092
Ordinary
Purchase
1,711
2.098
Ordinary
Purchase
2,093
2.093
Ordinary
Purchase
510
2.098
Ordinary
Purchase
2,084
2.098
Ordinary
Purchase
2,086
2.097
Ordinary
Purchase
462
2.098
Ordinary
Purchase
1,722
2.098
Ordinary
Purchase
2,400
2.094
Ordinary
Purchase
200
2.094
Ordinary
Purchase
2,085
2.099
Ordinary
Purchase
2,087
2.098
Ordinary
Purchase
2,341
2.103
Ordinary
Purchase
2,077
2.098
Ordinary
Purchase
2,083
2.102
Ordinary
Purchase
1,232
2.094
Ordinary
Purchase
307
2.094
Ordinary
Purchase
3,149
2.094
Ordinary
Purchase
4,645
2.094
Ordinary
Purchase
2,000
2.094
Ordinary
Purchase
1,185
2.095
Ordinary
Purchase
2,723
2.095
Ordinary
Purchase
749
2.096
Ordinary
Purchase
216
2.102
Ordinary
Purchase
4,889
2.091
Ordinary
Purchase
860
2.094
Ordinary
Purchase
3,005
2.094
Ordinary
Purchase
2,079
2.099
Ordinary
Purchase
1,020
2.099
Ordinary
Purchase
2,000
2.099
Ordinary
Purchase
746
2.099
Ordinary
Purchase
685
2.099
Ordinary
Purchase
3,032
2.095
Ordinary
Purchase
2,079
2.099
Ordinary
Purchase
3,207
2.095
Ordinary
Purchase
4,705
2.101
Ordinary
Purchase
5,393
2.098
Ordinary
Purchase
2,316
2.093
Ordinary
Purchase
2,080
2.098
Ordinary
Purchase
5,400
2.095
Ordinary
Purchase
2,078
2.098
Ordinary
Purchase
2,310
2.096
Ordinary
Purchase
1,984
2.095
Ordinary
Purchase
756
2.096
Ordinary
Purchase
409
2.093
Ordinary
Purchase
1,683
2.093
Ordinary
Purchase
2,076
2.097
Ordinary
Purchase
821
2.096
Ordinary
Purchase
3,298
2.096
Ordinary
Purchase
1,006
2.096
Ordinary
Purchase
2,092
2.093
Ordinary
Purchase
5,889
2.101
Ordinary
Purchase
2,374
2.101
Ordinary
Purchase
1,077
2.096
Ordinary
Purchase
2,092
2.093
Ordinary
Purchase
4,986
2.092
Ordinary
Purchase
1,867
2.102
Ordinary
Purchase
298
2.098
Ordinary
Purchase
2,086
2.099
Ordinary
Purchase
2092
2.093
Ordinary
Purchase
1719
2.098
Ordinary
Purchase
1265
2.097
Ordinary
Purchase
367
2.098
Ordinary
Purchase
921
2.097
Ordinary
Purchase
1454
2.097
Ordinary
Purchase
1
2.089
Ordinary
Purchase
15459
2.089
Ordinary
Purchase
15864
2.089
Ordinary
Purchase
405
2.089
Ordinary
Purchase
1533
2.089
Ordinary
Purchase
5943
2.089
Ordinary
Purchase
3732
2.089
Ordinary
Purchase
851
2.095
Ordinary
Purchase
2683
2.097
Ordinary
Purchase
2097
2.097
Ordinary
Purchase
2590
2.097
Ordinary
Purchase
1452
2.095
Ordinary
Purchase
1
2.095
Ordinary
Purchase
12
2.095
Ordinary
Purchase
1600
2.094
Ordinary
Purchase
1400
2.095
Ordinary
Purchase
1904
2.094
Ordinary
Purchase
2554
2.097
Ordinary
Purchase
2096
2.097
Ordinary
Purchase
1741
2.097
Ordinary
Purchase
1750
2.097
Ordinary
Purchase
1834
2.097
Ordinary
Purchase
449
2.098
Ordinary
Purchase
849
2.097
Ordinary
Purchase
2200
2.097
Ordinary
Purchase
3148
2.097
Ordinary
Purchase
2444
2.097
Ordinary
Purchase
2444
2.097
Ordinary
Purchase
2474
2.097
Ordinary
Purchase
1750
2.095
Ordinary
Purchase
1400
2.095
Ordinary
Purchase
849
2.095
Ordinary
Purchase
1750
2.095
Ordinary
Purchase
3153
2.095
Ordinary
Purchase
2099
2.095
Ordinary
Purchase
2075
2.095
Ordinary
Purchase
2915
2.095
Ordinary
Purchase
1300
2.095
Ordinary
Purchase
5325
2.089
Ordinary
Purchase
68190
2.089
Ordinary
Purchase
9819
2.089
Ordinary
Purchase
19163
2.089
Ordinary
Purchase
1160
2.095
Ordinary
Purchase
1331
2.095
Ordinary
Purchase
4088
2.094
Ordinary
Purchase
1956
2.094
Ordinary
Purchase
1750
2.094
Ordinary
Purchase
8
2.095
Ordinary
Purchase
1171
2.083
Ordinary
Purchase
2043
2.095
Ordinary
Purchase
9,626
2.087
Ordinary
Sale
8,100
2.085
Ordinary
Sale
773
2.098
Ordinary
Sale
1,123
2.098
Ordinary
Sale
182
2.098
Ordinary
Sale
2,076
2.099
Ordinary
Sale
2,076
2.101
Ordinary
Sale
2,076
2.1
Ordinary
Sale
2,075
2.103
Ordinary
Sale
2,074
2.1
Ordinary
Sale
1,601
2.087
Ordinary
Sale
2,300
2.087
Ordinary
Sale
1,552
2.098
Ordinary
Sale
4,394
2.098
Ordinary
Sale
2,103
2.085
Ordinary
Sale
2,285
2.1
Ordinary
Sale
2,764
2.091
Ordinary
Sale
2,437
2.098
Ordinary
Sale
140
2.099
Ordinary
Sale
86
2.101
Ordinary
Sale
3,651
2.101
Ordinary
Sale
1,140
2.101
Ordinary
Sale
2,597
2.101
Ordinary
Sale
1,266
2.101
Ordinary
Sale
3,737
2.101
Ordinary
Sale
2,471
2.101
Ordinary
Sale
2,601
2.101
Ordinary
Sale
3,662
2.101
Ordinary
Sale
2,078
2.098
Ordinary
Sale
4,107
2.099
Ordinary
Sale
2,077
2.1
Ordinary
Sale
2,076
2.101
Ordinary
Sale
3,904
2.105
Ordinary
Sale
433
2.105
Ordinary
Sale
3,054
2.095
Ordinary
Sale
2,243
2.091
Ordinary
Sale
2,138
2.099
Ordinary
Sale
2,000
2.099
Ordinary
Sale
3,985
2.099
Ordinary
Sale
3,147
2.096
Ordinary
Sale
3,169
2.099
Ordinary
Sale
2,099
2.091
Ordinary
Sale
2,000
2.085
Ordinary
Sale
6,429
2.085
Ordinary
Sale
2,075
2.101
Ordinary
Sale
3,744
2.101
Ordinary
Sale
2,428
2.1
Ordinary
Sale
3,914
2.1
Ordinary
Sale
2,076
2.1
Ordinary
Sale
2,079
2.1
Ordinary
Sale
413
2.1
Ordinary
Sale
2,075
2.103
Ordinary
Sale
2,080
2.095
Ordinary
Sale
2,078
2.096
Ordinary
Sale
2,076
2.101
Ordinary
Sale
2,076
2.1
Ordinary
Sale
2,076
2.101
Ordinary
Sale
10,000
2.085
Ordinary
Sale
2,074
2.103
Ordinary
Sale
2,077
2.1
Ordinary
Sale
5,000
2.104
Ordinary
Sale
5,000
2.104
Ordinary
Sale
5,000
2.104
Ordinary
Sale
2,465
2.1
Ordinary
Sale
10,000
2.085
Ordinary
Sale
2,077
2.099
Ordinary
Sale
44
2.095
Ordinary
Sale
2,021
2.104
Ordinary
Sale
52
2.104
Ordinary
Sale
8,100
2.085
Ordinary
Sale
2,096
2.098
Ordinary
Sale
1,904
2.094
Ordinary
Sale
193
2.094
Ordinary
Sale
2,096
2.097
Ordinary
Sale
98
2.1
Ordinary
Sale
2,097
2.097
Ordinary
Sale
135
2.096
Ordinary
Sale
2,099
2.095
Ordinary
Sale
246
2.094
Ordinary
Sale
246
2.094
Ordinary
Sale
4
2.094
Ordinary
Sale
89
2.1
Ordinary
Sale
3,566
2.089
Ordinary
Sale
1
2.089
Ordinary
Sale
2,097
2.095
Ordinary
Sale
2,098
2.095
Ordinary
Sale
93
2.1
Ordinary
Sale
8,301
2.089
Ordinary
Sale
1,217
2.089
Ordinary
Sale
1,665
2.089
Ordinary
Sale
4,680
2.089
Ordinary
Sale
15,864
2.089
Ordinary
Sale
15,864
2.089
Ordinary
Sale
2,000
2.095
Ordinary
Sale
1,004
2.095
Ordinary
Sale
246
2.094
Ordinary
Sale
2,000
2.096
Ordinary
Sale
3,982
2.089
Ordinary
Sale
2,312
2.089
Ordinary
Sale
1,617
2.1
Ordinary
Sale
2,722
2.095
Ordinary
Sale
79
2.1
Ordinary
Sale
3,981
2.096
Ordinary
Sale
2,000
2.095
Ordinary
Sale
1,105
2.089
Ordinary
Sale
869
2.089
Ordinary
Sale
8,151
2.089
Ordinary
Sale
19,062
2.089
Ordinary
Sale
9,349
2.089
Ordinary
Sale
12,358
2.089
Ordinary
Sale
7,965
2.089
Ordinary
Sale
2,516
2.089
Ordinary
Sale
1,182
2.098
Ordinary
Sale
1,793
2.101
Ordinary
Sale
1,734
2.101
Ordinary
Sale
1,734
2.101
Ordinary
Sale
3,387
2.102
Ordinary
Sale
501
2.102
Ordinary
Sale
1,073
2.101
Ordinary
Sale
1,200
2.094
Ordinary
Sale
276
2.094
Ordinary
Sale
183
2.094
Ordinary
Sale
1,750
2.098
Ordinary
Sale
1,246
2.1
Ordinary
Sale
1,375
2.098
Ordinary
Sale
1,094
2.101
Ordinary
Sale
2,724
2.1
Ordinary
Sale
2,691
2.101
Ordinary
Sale
2,597
2.101
Ordinary
Sale
1,503
2.101
Ordinary
Sale
4,942
2.099
Ordinary
Sale
649
2.099
Ordinary
Sale
625
2.099
Ordinary
Sale
1,211
2.099
Ordinary
Sale
1,157
2.099
Ordinary
Sale
2,194
2.099
Ordinary
Sale
6,390
2.099
Ordinary
Sale
1,200
2.1
Ordinary
Sale
5,349
2.085
Ordinary
Sale
5,349
2.085
Ordinary
Sale
9,889
2.0982
Ordinary
Sale
9,626
2.088

Total Purchases
413,065


Total Sales
416,072

   
(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:
25/01/2018
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.

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