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

TescoAnnouncement

26/02/2018 11:30

RNS Number : 9238F
Societe Generale SA
26 February 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
23/02/2018
(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: 7,749,422 Shares Interests and 24,614,167 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:
7,750,922
0.09
24,614,167
0.30
(2) Cash-settled derivatives:
20,166,186
0.25
2,157,937
0.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
15,085,000
0.18
3,443,000
0.04
 TOTAL:
43,002,108
0.52
30,215,104
0.37
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
11,426
2.054
Ordinary
Purchase
14,916
2.054
Ordinary
Purchase
10,949
2.054
Ordinary
Purchase
7,458
2.054
Ordinary
Purchase
7,583
2.054
Ordinary
Purchase
14,916
2.054
Ordinary
Purchase
2,054
2.049
Ordinary
Purchase
1,275
2.061
Ordinary
Purchase
1,244
2.055
Ordinary
Purchase
176
2.052
Ordinary
Purchase
2,580
2.052
Ordinary
Purchase
2,691
2.054
Ordinary
Purchase
324
2.051
Ordinary
Purchase
1,698
2.051
Ordinary
Purchase
3,337
2.051
Ordinary
Purchase
2,153
2.05
Ordinary
Purchase
3,995
2.058
Ordinary
Purchase
1,509
2.05
Ordinary
Purchase
10,802
2.053
Ordinary
Purchase
1,169
2.05
Ordinary
Purchase
716
2.05
Ordinary
Purchase
516
2.05
Ordinary
Purchase
4,066
2.051
Ordinary
Purchase
2,750
2.051
Ordinary
Purchase
2,523
2.051
Ordinary
Purchase
2,928
2.05
Ordinary
Purchase
3,835
2.057
Ordinary
Purchase
3,299
2.06
Ordinary
Purchase
2,147
2.051
Ordinary
Purchase
428
2.053
Ordinary
Purchase
716
2.053
Ordinary
Purchase
507
2.053
Ordinary
Purchase
4,117
2.053
Ordinary
Purchase
1,596
2.061
Ordinary
Purchase
1,561
2.061
Ordinary
Purchase
2,014
2.051
Ordinary
Purchase
5,954
2.051
Ordinary
Purchase
5,039
2.051
Ordinary
Purchase
3,973
2.051
Ordinary
Purchase
599
2.051
Ordinary
Purchase
2,844
2.05
Ordinary
Purchase
3,202
2.051
Ordinary
Purchase
4,090
2.051
Ordinary
Purchase
304
2.053
Ordinary
Purchase
599
2.051
Ordinary
Purchase
3,791
2.051
Ordinary
Purchase
1,700
2.05
Ordinary
Purchase
3,928
2.05
Ordinary
Purchase
2,720
2.051
Ordinary
Purchase
1,959
2.051
Ordinary
Purchase
3,653
2.049
Ordinary
Purchase
1,629
2.05
Ordinary
Purchase
977
2.049
Ordinary
Purchase
1,035
2.05
Ordinary
Purchase
1,722
2.05
Ordinary
Purchase
1,721
2.049
Ordinary
Purchase
708
2.049
Ordinary
Purchase
4,131
2.052
Ordinary
Purchase
3,638
2.052
Ordinary
Purchase
2,138
2.062
Ordinary
Purchase
2,451
2.053
Ordinary
Purchase
173
2.049
Ordinary
Purchase
2,138
2.063
Ordinary
Purchase
2,136
2.064
Ordinary
Purchase
2,144
2.055
Ordinary
Purchase
5,703
2.053
Ordinary
Purchase
2,975
2.049
Ordinary
Purchase
1,997
2.052
Ordinary
Purchase
1,550
2.05
Ordinary
Purchase
117
2.051
Ordinary
Purchase
1,139
2.05
Ordinary
Purchase
746
2.05
Ordinary
Purchase
3,197
2.049
Ordinary
Purchase
461
2.05
Ordinary
Purchase
991
2.049
Ordinary
Purchase
1,386
2.05
Ordinary
Purchase
4,448
2.05
Ordinary
Purchase
183
2.052
Ordinary
Purchase
1,538
2.052
Ordinary
Purchase
517
2.052
Ordinary
Purchase
1,020
2.052
Ordinary
Purchase
1,512
2.052
Ordinary
Purchase
6,462
2.051
Ordinary
Purchase
5,554
2.053
Ordinary
Purchase
2,144
2.057
Ordinary
Purchase
977
2.052
Ordinary
Purchase
978
2.05
Ordinary
Purchase
2,152
2.05
Ordinary
Purchase
333
2.05
Ordinary
Purchase
2,306
2.053
Ordinary
Purchase
2,662
2.051
Ordinary
Purchase
5,880
2.051
Ordinary
Purchase
1,177
2.051
Ordinary
Purchase
972
2.051
Ordinary
Purchase
3,853
2.058
Ordinary
Purchase
1,773
2.05
Ordinary
Purchase
670
2.05
Ordinary
Purchase
472
2.05
Ordinary
Purchase
3,418
2.053
Ordinary
Purchase
1,187
2.051
Ordinary
Purchase
4,547
2.052
Ordinary
Purchase
2,132
2.067
Ordinary
Purchase
4,916
2.05
Ordinary
Purchase
1,488
2.049
Ordinary
Purchase
1,483
2.049
Ordinary
Purchase
2,990
2.055
Ordinary
Purchase
2,500
2.055
Ordinary
Purchase
5,371
2.053
Ordinary
Purchase
2,492
2.052
Ordinary
Purchase
2,897
2.053
Ordinary
Purchase
412
2.052
Ordinary
Purchase
2,610
2.057
Ordinary
Purchase
2,994
2.049
Ordinary
Purchase
4,558
2.049
Ordinary
Purchase
6,890
2.051
Ordinary
Purchase
10,107
2.051
Ordinary
Purchase
881
2.051
Ordinary
Purchase
3,489
2.052
Ordinary
Purchase
1,878
2.052
Ordinary
Purchase
7,907
2.05
Ordinary
Purchase
9,774
2.05
Ordinary
Purchase
4,607
2.052
Ordinary
Purchase
2,145
2.051
Ordinary
Purchase
1,875
2.05
Ordinary
Purchase
3,245
2.049
Ordinary
Purchase
275
2.051
Ordinary
Purchase
872
2.051
Ordinary
Purchase
1,222
2.05
Ordinary
Purchase
842
2.051
Ordinary
Purchase
1,226
2.051
Ordinary
Purchase
2,728
2.052
Ordinary
Purchase
1,365
2.057
Ordinary
Purchase
2,143
2.052
Ordinary
Purchase
6,402
2.063
Ordinary
Purchase
3,402
2.05
Ordinary
Purchase
2,697
2.052
Ordinary
Purchase
4,682
2.052
Ordinary
Purchase
3,069
2.063
Ordinary
Purchase
1,053
2.05
Ordinary
Purchase
1,980
2.05
Ordinary
Purchase
2,195
2.052
Ordinary
Purchase
3,255
2.069
Ordinary
Purchase
3,187
2.068
Ordinary
Purchase
753
2.067
Ordinary
Purchase
1,003
2.052
Ordinary
Purchase
1,075
2.052
Ordinary
Purchase
309
2.052
Ordinary
Purchase
1,068
2.052
Ordinary
Purchase
2,807
2.049
Ordinary
Purchase
463
2.051
Ordinary
Purchase
3,754
2.049
Ordinary
Purchase
3,330
2.058
Ordinary
Purchase
1,711
2.05
Ordinary
Purchase
2,911
2.05
Ordinary
Purchase
2,972
2.049
Ordinary
Purchase
2,046
2.049
Ordinary
Purchase
343
2.051
Ordinary
Purchase
5,607
2.052
Ordinary
Purchase
3,572
2.05
Ordinary
Purchase
39
2.058
Ordinary
Purchase
2,372
2.05
Ordinary
Purchase
2,350
2.053
Ordinary
Purchase
1,248
2.052
Ordinary
Purchase
645
2.052
Ordinary
Purchase
452
2.052
Ordinary
Purchase
5,566
2.054
Ordinary
Purchase
2,011
2.055
Ordinary
Purchase
2,005
2.053
Ordinary
Purchase
1,722
2.053
Ordinary
Purchase
1,722
2.053
Ordinary
Purchase
3,166
2.053
Ordinary
Purchase
1,978
2.053
Ordinary
Purchase
1,256
2.049
Ordinary
Purchase
1,034
2.049
Ordinary
Purchase
2,098
2.049
Ordinary
Purchase
2,811
2.049
Ordinary
Purchase
91,096
2.054
Ordinary
Purchase
430
2.063163
Ordinary
Purchase
13,109
2.062821
Ordinary
Purchase
3,276
2.062821
Ordinary
Purchase
346
2.063173
Ordinary
Purchase
1,385
2.063166
Ordinary
Purchase
93,169
2.053446
Ordinary
Purchase
372,688
2.053446
Ordinary
Purchase
5,965
2.063164
Ordinary
Purchase
26,003
2.055438
Ordinary
Purchase
2,234
2.060999
Ordinary
Purchase
8,929
2.061003
Ordinary
Purchase
103,553
2.053558
Ordinary
Purchase
44,120
2.05086
Ordinary
Purchase
11,030
2.05086
Ordinary
Purchase
10,790
2.063063
Ordinary
Purchase
2,699
2.063065
Ordinary
Purchase
1,720
2.063163
Ordinary
Purchase
1,491
2.063168
Ordinary
Purchase
1,722,000
2.0495
Ordinary
Sale
172
2.051
Ordinary
Sale
4,414
2.051
Ordinary
Sale
777
2.051
Ordinary
Sale
2,477
2.051
Ordinary
Sale
2,000
2.051
Ordinary
Sale
1,871
2.051
Ordinary
Sale
6,663
2.054
Ordinary
Sale
5,207
2.054
Ordinary
Sale
1,045
2.054
Ordinary
Sale
114
2.054
Ordinary
Sale
9,081
2.054
Ordinary
Sale
3,173
2.054
Ordinary
Sale
124
2.054
Ordinary
Sale
1,810
2.054
Ordinary
Sale
1,338
2.054
Ordinary
Sale
76
2.053
Ordinary
Sale
76
2.052
Ordinary
Sale
2,579
2.05
Ordinary
Sale
900
2.052
Ordinary
Sale
9,473
2.052
Ordinary
Sale
16,701
2.054
Ordinary
Sale
1,067
2.05
Ordinary
Sale
1,135
2.053
Ordinary
Sale
1,849
2.053
Ordinary
Sale
9,685
2.052
Ordinary
Sale
9,425
2.052
Ordinary
Sale
6,737
2.052
Ordinary
Sale
3,483
2.053
Ordinary
Sale
1,289
2.051
Ordinary
Sale
115
2.053
Ordinary
Sale
132
2.05
Ordinary
Sale
1,643
2.05
Ordinary
Sale
118
2.05
Ordinary
Sale
150
2.052
Ordinary
Sale
2,254
2.053
Ordinary
Sale
185
2.054
Ordinary
Sale
8,400
2.051
Ordinary
Sale
5,600
2.051
Ordinary
Sale
2,143
2.053
Ordinary
Sale
1,778
2.05
Ordinary
Sale
3,654
2.054
Ordinary
Sale
150
2.054
Ordinary
Sale
4,114
2.051
Ordinary
Sale
7,077
2.052
Ordinary
Sale
2,072
2.053
Ordinary
Sale
1,788
2.053
Ordinary
Sale
14,000
2.051
Ordinary
Sale
3,000
2.051
Ordinary
Sale
1,831
2.051
Ordinary
Sale
1,526
2.051
Ordinary
Sale
1,831
2.051
Ordinary
Sale
3,000
2.051
Ordinary
Sale
2,094
2.057
Ordinary
Sale
4,168
2.053
Ordinary
Sale
2,143
2.053
Ordinary
Sale
2,599
2.057
Ordinary
Sale
330
2.051
Ordinary
Sale
2,646
2.053
Ordinary
Sale
2,876
2.053
Ordinary
Sale
1,505
2.053
Ordinary
Sale
1,505
2.053
Ordinary
Sale
160
2.053
Ordinary
Sale
2,627
2.053
Ordinary
Sale
1,639
2.053
Ordinary
Sale
1,597
2.053
Ordinary
Sale
286
2.053
Ordinary
Sale
3,749
2.057
Ordinary
Sale
2,477
2.049
Ordinary
Sale
4,920
2.051
Ordinary
Sale
2,900
2.049
Ordinary
Sale
811
2.053
Ordinary
Sale
1,332
2.053
Ordinary
Sale
1,550
2.072
Ordinary
Sale
10,949
2.054
Ordinary
Sale
2,633
2.049
Ordinary
Sale
5,752
2.054
Ordinary
Sale
2,091
2.053
Ordinary
Sale
10,548
2.052
Ordinary
Sale
2,142
2.054
Ordinary
Sale
343
2.051
Ordinary
Sale
1,805
2.051
Ordinary
Sale
5,179
2.051
Ordinary
Sale
2,142
2.054
Ordinary
Sale
2,549
2.05
Ordinary
Sale
2,273
2.05
Ordinary
Sale
819
2.054
Ordinary
Sale
4,147
2.051
Ordinary
Sale
4,433
2.05
Ordinary
Sale
8,116
2.057
Ordinary
Sale
2,148
2.053
Ordinary
Sale
1,504
2.054
Ordinary
Sale
2,579
2.051
Ordinary
Sale
4,294
2.05
Ordinary
Sale
888
2.053
Ordinary
Sale
432
2.053
Ordinary
Sale
4,300
2.049
Ordinary
Sale
137
2.053
Ordinary
Sale
3,127
2.049
Ordinary
Sale
8,375
2.052
Ordinary
Sale
150
2.052
Ordinary
Sale
132
2.052
Ordinary
Sale
190
2.051
Ordinary
Sale
2,143
2.053
Ordinary
Sale
15,864
2.054
Ordinary
Sale
15,864
2.054
Ordinary
Sale
15,864
2.054
Ordinary
Sale
15,864
2.054
Ordinary
Sale
15,864
2.054
Ordinary
Sale
15,864
2.054
Ordinary
Sale
1,946
2.051
Ordinary
Sale
1,469
2.051
Ordinary
Sale
1,677
2.049
Ordinary
Sale
73
2.049
Ordinary
Sale
46
2.051
Ordinary
Sale
76
2.054
Ordinary
Sale
4,941
2.052
Ordinary
Sale
641
2.052
Ordinary
Sale
1,335
2.051
Ordinary
Sale
542
2.051
Ordinary
Sale
1,512
2.051
Ordinary
Sale
1,995
2.051
Ordinary
Sale
1,026
2.051
Ordinary
Sale
2,090
2.051
Ordinary
Sale
2,268
2.051
Ordinary
Sale
5,075
2.049
Ordinary
Sale
5,075
2.049
Ordinary
Sale
41
2.053
Ordinary
Sale
29
2.053
Ordinary
Sale
9
2.052
Ordinary
Sale
4,889
2.054
Ordinary
Sale
9,443
2.054
Ordinary
Sale
73,920
2.054
Ordinary
Sale
994
2.054
Ordinary
Sale
7,458
2.054
Ordinary
Sale
301,350
2.055956
Ordinary
Sale
10,000
2.053692
Ordinary
Sale
1,722,000
2.0495

Total Purchases
2,998,535


Total Sales
2,568,640

  
(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 short position
430
2.063163
Ordinary
CFD
Increasing a short position
13,109
2.062821
Ordinary
CFD
Increasing a short position
3,276
2.062821
Ordinary
CFD
Increasing a short position
346
2.063173
Ordinary
CFD
Increasing a short position
1,385
2.063166
Ordinary
CFD
Increasing a short position
93,169
2.053446
Ordinary
CFD
Increasing a short position
372,688
2.053446
Ordinary
CFD
Increasing a short position
5,965
2.063164
Ordinary
CFD
Increasing a short position
26,003
2.055438
Ordinary
CFD
Increasing a short position
2,234
2.060999
Ordinary
CFD
Increasing a short position
8,929
2.061003
Ordinary
CFD
Increasing a short position
103,553
2.053558
Ordinary
CFD
Increasing a short position
44,120
2.05086
Ordinary
CFD
Increasing a short position
11,030
2.05086
Ordinary
CFD
Increasing a short position
10,790
2.063063
Ordinary
CFD
Increasing a short position
2,699
2.063065
Ordinary
CFD
Increasing a short position
1,720
2.063163
Ordinary
CFD
Increasing a short position
1,491
2.063168
Ordinary
CFD
Increasing a long position
301,350
2.055956
Ordinary
CFD
Increasing a long position
10,000
2.053692
(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:
26/02/2018
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
4,81,000
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
1,40,000
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
Listed Put Option
Sale
75,000
2.10
American options
21/12/2018
Ordinary Shares
Listed Put Option
Sale
400,000
2.05
American options
15/06/2018
Ordinary Shares
Listed Put Option
Sale
150,000
2
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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