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

TescoAnnouncement

26/01/2018 10:20

RNS Number : 0437D
Societe Generale SA
26 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
25/01/2018
(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: 6,885,192 Shares Interests and 23,130,303 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:
6,886,692
0.08
23,130,303
0.28
(2) Cash-settled derivatives:
19,910,157
0.24
1,455,000
0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
15,000,000
0.18
3,429,000
0.04
 TOTAL:
41,796,849
0.51
28,014,303
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
6,345
2.097
Ordinary
Purchase
6,345
2.097
Ordinary
Purchase
3,667
2.094
Ordinary
Purchase
695
2.081
Ordinary
Purchase
2,545
2.081
Ordinary
Purchase
2,089
2.095
Ordinary
Purchase
1,065
2.087
Ordinary
Purchase
3,277
2.091
Ordinary
Purchase
2,093
2.09
Ordinary
Purchase
1,690
2.085
Ordinary
Purchase
7,109
2.083
Ordinary
Purchase
1,255
2.083
Ordinary
Purchase
7,539
2.086
Ordinary
Purchase
1,777
2.093
Ordinary
Purchase
1,734
2.093
Ordinary
Purchase
3,598
2.092
Ordinary
Purchase
2,091
2.092
Ordinary
Purchase
2,087
2.094
Ordinary
Purchase
1,477
2.091
Ordinary
Purchase
239
2.092
Ordinary
Purchase
239
2.091
Ordinary
Purchase
1,850
2.092
Ordinary
Purchase
7,395
2.092
Ordinary
Purchase
3,655
2.092
Ordinary
Purchase
2,079
2.093
Ordinary
Purchase
5,231
2.085
Ordinary
Purchase
2,209
2.086
Ordinary
Purchase
519
2.085
Ordinary
Purchase
5,518
2.082
Ordinary
Purchase
4,391
2.084
Ordinary
Purchase
465
2.095
Ordinary
Purchase
1,623
2.095
Ordinary
Purchase
158
2.094
Ordinary
Purchase
1,929
2.094
Ordinary
Purchase
2,088
2.093
Ordinary
Purchase
828
2.092
Ordinary
Purchase
1,262
2.092
Ordinary
Purchase
780
2.092
Ordinary
Purchase
375
2.091
Ordinary
Purchase
1,309
2.092
Ordinary
Purchase
2,091
2.088
Ordinary
Purchase
3,668
2.092
Ordinary
Purchase
2,609
2.095
Ordinary
Purchase
6,859
2.089
Ordinary
Purchase
2,089
2.093
Ordinary
Purchase
2,090
2.09
Ordinary
Purchase
1,973
2.083
Ordinary
Purchase
692
2.083
Ordinary
Purchase
616
2.093
Ordinary
Purchase
1,473
2.093
Ordinary
Purchase
2,087
2.094
Ordinary
Purchase
819
2.093
Ordinary
Purchase
1,097
2.095
Ordinary
Purchase
992
2.095
Ordinary
Purchase
3,667
2.094
Ordinary
Purchase
19,103
2.097
Ordinary
Purchase
2,562
2.097
Ordinary
Purchase
4,266
2.097
Ordinary
Purchase
490
2.093
Ordinary
Purchase
2,085
2.093
Ordinary
Purchase
2,575
2.093
Ordinary
Purchase
1,191
2.087
Ordinary
Purchase
562
2.094
Ordinary
Purchase
1,724
2.092
Ordinary
Purchase
2,085
2.094
Ordinary
Purchase
1,061
2.09
Ordinary
Purchase
861
2.091
Ordinary
Purchase
1,740
2.091
Ordinary
Purchase
216
2.091
Ordinary
Purchase
871
2.091
Ordinary
Purchase
1,750
2.095
Ordinary
Purchase
716
2.097
Ordinary
Purchase
7,514
2.097
Ordinary
Purchase
716
2.097
Ordinary
Purchase
7,139
2.097
Ordinary
Purchase
20,929
2.097
Ordinary
Purchase
1,199
2.097
Ordinary
Purchase
2,000
2.091
Ordinary
Purchase
2,857
2.091
Ordinary
Purchase
2,624
2.091
Ordinary
Purchase
2,980
2.091
Ordinary
Purchase
1,392
2.091
Ordinary
Purchase
15,864
2.097
Ordinary
Purchase
15,864
2.097
Ordinary
Purchase
2,343
2.093
Ordinary
Purchase
542
2.092
Ordinary
Purchase
3,024
2.094
Ordinary
Purchase
1,105
2.091
Ordinary
Purchase
2,448
2.091
Ordinary
Purchase
6,930
2.091
Ordinary
Purchase
2,473
2.091
Ordinary
Purchase
248
2.091
Ordinary
Purchase
1,407
2.092
Ordinary
Purchase
1,150
2.092
Ordinary
Purchase
223
2.085
Ordinary
Sale
1,318
2.089
Ordinary
Sale
542
2.089
Ordinary
Sale
1,313
2.089
Ordinary
Sale
13,409
2.097
Ordinary
Sale
2,916
2.09
Ordinary
Sale
647
2.088
Ordinary
Sale
4,856
2.091
Ordinary
Sale
2,622
2.091
Ordinary
Sale
2,828
2.09
Ordinary
Sale
4,316
2.091
Ordinary
Sale
2,374
2.091
Ordinary
Sale
2,482
2.091
Ordinary
Sale
1,670
2.082
Ordinary
Sale
2,314
2.082
Ordinary
Sale
2,988
2.091
Ordinary
Sale
3,629
2.091
Ordinary
Sale
896
2.089
Ordinary
Sale
2,872
2.088
Ordinary
Sale
3,707
2.088
Ordinary
Sale
9,316
2.092
Ordinary
Sale
9,146
2.092
Ordinary
Sale
615
2.09
Ordinary
Sale
684
2.092
Ordinary
Sale
3,264
2.089
Ordinary
Sale
991
2.092
Ordinary
Sale
4,556
2.092
Ordinary
Sale
4,943
2.092
Ordinary
Sale
1,555
2.092
Ordinary
Sale
3,925
2.087
Ordinary
Sale
2,092
2.088
Ordinary
Sale
3,297
2.092
Ordinary
Sale
1,196
2.092
Ordinary
Sale
4,541
2.09
Ordinary
Sale
1,443
2.081
Ordinary
Sale
3,434
2.081
Ordinary
Sale
2,085
2.088
Ordinary
Sale
2,759
2.089
Ordinary
Sale
2,857
2.088
Ordinary
Sale
2,248
2.091
Ordinary
Sale
2,093
2.088
Ordinary
Sale
2,941
2.089
Ordinary
Sale
3,178
2.09
Ordinary
Sale
2,861
2.092
Ordinary
Sale
4,437
2.093
Ordinary
Sale
579
2.093
Ordinary
Sale
1,885
2.09
Ordinary
Sale
2,081
2.09
Ordinary
Sale
2,000
2.09
Ordinary
Sale
2,519
2.09
Ordinary
Sale
3,228
2.091
Ordinary
Sale
1,871
2.092
Ordinary
Sale
670
2.09
Ordinary
Sale
1,288
2.09
Ordinary
Sale
2,780
2.09
Ordinary
Sale
2,000
2.092
Ordinary
Sale
2,121
2.092
Ordinary
Sale
1,411
2.09
Ordinary
Sale
1,035
2.092
Ordinary
Sale
715
2.092
Ordinary
Sale
4,484
2.091
Ordinary
Sale
808
2.09
Ordinary
Sale
2,093
2.091
Ordinary
Sale
9,928
2.092
Ordinary
Sale
675
2.097
Ordinary
Sale
1,776
2.093
Ordinary
Sale
665
2.093
Ordinary
Sale
665
2.093
Ordinary
Sale
3,548
2.089
Ordinary
Sale
2,910
2.09
Ordinary
Sale
2,876
2.091
Ordinary
Sale
1,957
2.093
Ordinary
Sale
1,633
2.093
Ordinary
Sale
2,184
2.09
Ordinary
Sale
2,032
2.089
Ordinary
Sale
260
2.089
Ordinary
Sale
3,742
2.091
Ordinary
Sale
4,884
2.091
Ordinary
Sale
2,758
2.09
Ordinary
Sale
19,015
2.0935
Ordinary
Sale
19,015
2.0935
Ordinary
Sale
3,338
2.09
Ordinary
Sale
1,944
2.09
Ordinary
Sale
540
2.09
Ordinary
Sale
1,543
2.09
Ordinary
Sale
1,192
2.091
Ordinary
Sale
4,226
2.091
Ordinary
Sale
5,379
2.092
Ordinary
Sale
4,832
2.091
Ordinary
Sale
4,262
2.092
Ordinary
Sale
2,084
2.089
Ordinary
Sale
2,106
2.09
Ordinary
Sale
5,171
2.095
Ordinary
Sale
4,307
2.09
Ordinary
Sale
1,778
2.091
Ordinary
Sale
685
2.09
Ordinary
Sale
4,868
2.091
Ordinary
Sale
2,653
2.09
Ordinary
Sale
832
2.091
Ordinary
Sale
2,622
2.091
Ordinary
Sale
1,510
2.09
Ordinary
Sale
2,945
2.091
Ordinary
Sale
2,418
2.086
Ordinary
Sale
2,165
2.096
Ordinary
Sale
4,024
2.096
Ordinary
Sale
4,330
2.096
Ordinary
Sale
3,231
2.089
Ordinary
Sale
373
2.092
Ordinary
Sale
1,233
2.092
Ordinary
Sale
2,093
2.081
Ordinary
Sale
5,741
2.09
Ordinary
Sale
1,528
2.092
Ordinary
Sale
4,822
2.09
Ordinary
Sale
3,746
2.091
Ordinary
Sale
294
2.091
Ordinary
Sale
2,226
2.091
Ordinary
Sale
52
2.091
Ordinary
Sale
2,278
2.091
Ordinary
Sale
2,266
2.095
Ordinary
Sale
3,641
2.095
Ordinary
Sale
722
2.091
Ordinary
Sale
722
2.091
Ordinary
Sale
639
2.091
Ordinary
Sale
571
2.091
Ordinary
Sale
774
2.091
Ordinary
Sale
722
2.091
Ordinary
Sale
2,570
2.09
Ordinary
Sale
488
2.092
Ordinary
Sale
3,090
2.089
Ordinary
Sale
2,083
2.09
Ordinary
Sale
2,082
2.091
Ordinary
Sale
2,187
2.088
Ordinary
Sale
2,132
2.089
Ordinary
Sale
162
2.089
Ordinary
Sale
3,473
2.088
Ordinary
Sale
1,198
2.095
Ordinary
Sale
1,810
2.095
Ordinary
Sale
1,291
2.093
Ordinary
Sale
1,614
2.093
Ordinary
Sale
3,028
2.093
Ordinary
Sale
4,672
2.09
Ordinary
Sale
1,907
2.092
Ordinary
Sale
7,057
2.092
Ordinary
Sale
3,025
2.091
Ordinary
Sale
2,083
2.089
Ordinary
Sale
618
2.09
Ordinary
Sale
2,214
2.095
Ordinary
Sale
1,994
2.095
Ordinary
Sale
2,943
2.091
Ordinary
Sale
1,661
2.09
Ordinary
Sale
1,291
2.09
Ordinary
Sale
2,214
2.095
Ordinary
Sale
689
2.091
Ordinary
Sale
3,008
2.086
Ordinary
Sale
2,201
2.09
Ordinary
Sale
1,437
2.088
Ordinary
Sale
1,080
2.086
Ordinary
Sale
1,804
2.086
Ordinary
Sale
4,130
2.09
Ordinary
Sale
2,094
2.09
Ordinary
Sale
2,682
2.091
Ordinary
Sale
5,501
2.091
Ordinary
Sale
3,823
2.086
Ordinary
Sale
16,700
2.097
Ordinary
Sale
50,802
2.097
Ordinary
Sale
244,437
2.097
Ordinary
Sale
319
2.097
Ordinary
Sale
1,593
2.097
Ordinary
Sale
25,306
2.097
Ordinary
Sale
275,102
2.097
Ordinary
Sale
72,392
2.097
Ordinary
Sale
63,704
2.097
Ordinary
Sale
15,864
2.097
Ordinary
Sale
31,727
2.097
Ordinary
Sale
19,576
2.097
Ordinary
Sale
500,000
2.097
Ordinary
Sale
18,754
2.097
Ordinary
Sale
1,724
2.097
Ordinary
Sale
1,250
2.09
Ordinary
Sale
1,299
2.093
Ordinary
Sale
581
2.093
Ordinary
Sale
1,250
2.093
Ordinary
Sale
352
2.093
Ordinary
Sale
308
2.093
Ordinary
Sale
2,000
2.091
Ordinary
Sale
2,000
2.091
Ordinary
Sale
1,780
2.096
Ordinary
Sale
1,274
2.092
Ordinary
Sale
144
2.094
Ordinary
Sale
789
2.094
Ordinary
Sale
208
2.094
Ordinary
Sale
109
2.094
Ordinary
Sale
6,345
2.089
Ordinary
Sale
1,798
2.091
Ordinary
Sale
1,254
2.082
Ordinary
Sale
1,085
2.09
Ordinary
Sale
899
2.094
Ordinary
Sale
1,044
2.094
Ordinary
Sale
2,004
2.094
Ordinary
Sale
1,177
2.094
Ordinary
Sale
570
2.094
Ordinary
Sale
901
2.094
Ordinary
Sale
811
2.094
Ordinary
Sale
842
2.094
Ordinary
Sale
1,750
2.09
Ordinary
Sale
1,176
2.091
Ordinary
Sale
3,294
2.096
Ordinary
Sale
130
2.096
Ordinary
Sale
1,517
2.093
Ordinary
Sale
684
2.093
Ordinary
Sale
1,400
2.093
Ordinary
Sale
26
2.093
Ordinary
Sale
2,164
2.093
Ordinary
Sale
574
2.093
Ordinary
Sale
1,267
2.095
Ordinary
Sale
1,400
2.095
Ordinary
Sale
747
2.095
Ordinary
Sale
1,322
2.095
Ordinary
Sale
2,619
2.095
Ordinary
Sale
2,039
2.095
Ordinary
Sale
2,205
2.096
Ordinary
Sale
2,595
2.096
Ordinary
Sale
584
2.091
Ordinary
Sale
1,838
2.091
Ordinary
Sale
254
2.091
Ordinary
Sale
4,230
2.095
Ordinary
Sale
687
2.095
Ordinary
Sale
1,400
2.09
Ordinary
Sale
3,633
2.09
Ordinary
Sale
1,587
2.097
Ordinary
Sale
716
2.097
Ordinary
Sale
716
2.097
Ordinary
Sale
1,433
2.097
Ordinary
Sale
1,432
2.097
Ordinary
Sale
717
2.097
Ordinary
Sale
1,433
2.097
Ordinary
Sale
1,433
2.097
Ordinary
Sale
717
2.097
Ordinary
Sale
716
2.097
Ordinary
Sale
1,433
2.097
Ordinary
Sale
716
2.097
Ordinary
Sale
3,173
2.089
Ordinary
Sale
2,690
2.084
Ordinary
Sale
483
2.084
Ordinary
Sale
3,293
2.091
Ordinary
Sale
5,651
2.091
Ordinary
Sale
5,651
2.091
Ordinary
Sale
2,358
2.091
Ordinary
Sale
1,096
2.094
Ordinary
Sale
4,849
2.094
Ordinary
Sale
2,482
2.094
Ordinary
Sale
1,088
2.094
Ordinary
Sale
356
2.094
Ordinary
Sale
3,806
2.094
Ordinary
Sale
354
2.094
Ordinary
Sale
1,750
2.09
Ordinary
Sale
217
2.092
Ordinary
Sale
953
2.092
Ordinary
Sale
5,875
2.092
Ordinary
Sale
3,795
2.092
Ordinary
Sale
3,250
2.092
Ordinary
Sale
1,750
2.089
Ordinary
Sale
3,104
2.093
Ordinary
Sale
1,557
2.093
Ordinary
Sale
2,074
2.093
Ordinary
Sale
289
2.093
Ordinary
Sale
1,128
2.093
Ordinary
Sale
832
2.093
Ordinary
Sale
2,091
2.095
Ordinary
Sale
4,659
2.091
Ordinary
Sale
992
2.091
Ordinary
Sale
2,068
2.096
Ordinary
Sale
2,527
2.095
Ordinary
Sale
1,878
2.095
Ordinary
Sale
3,521
2.095
Ordinary
Sale
870
2.095
Ordinary
Sale
132
2.095
Ordinary
Sale
8,260
2.09
Ordinary
Sale
54
2.091
Ordinary
Sale
223
2.085

Total Purchases
282,271


Total Sales
1,962,848

   
(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
OTC Call Option
Opening a long position
4,795,700
0.0356
(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
Ordinary
Listed Put-Option
Purchasing
27,000
2.05
American
15/06/18
0.105
(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:
26/01/2018
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
27,000
2.05
American options
15/06/2018
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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