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Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 7523M
Societe Generale SA
01 August 2017
 

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:

Société Générale 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

31/07/2017

(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: 21,366,475 Shares Interests and 33,124,702 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:

21,367,975

0.26

33,124,702

0.40

(2) Cash-settled derivatives:

 

31,264,951

0.38

5,879,600

0.07

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

7,940,000

0.10

14,829,000

0.18

 

     TOTAL:

60,572,926

0.74

53,833,302

0.66

 

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 Form 8 (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

1,675

1.74

Ordinary

Purchase

1,320

1.742

Ordinary

Purchase

1,213

1.742

Ordinary

Purchase

1,463

1.742

Ordinary

Purchase

1,554

1.742

Ordinary

Purchase

1,542

1.742

Ordinary

Purchase

2,000

1.7445

Ordinary

Purchase

1,368

1.74

Ordinary

Purchase

239

1.74

Ordinary

Purchase

71

1.74

Ordinary

Purchase

1,451

1.741

Ordinary

Purchase

558

1.7445

Ordinary

Purchase

6,000

1.7445

Ordinary

Purchase

1,542

1.741

Ordinary

Purchase

2,429

1.743

Ordinary

Purchase

3,707

1.74325

Ordinary

Purchase

1,921

1.741

Ordinary

Purchase

1,751

1.7445

Ordinary

Purchase

4,020

1.7425

Ordinary

Purchase

1,613

1.739

Ordinary

Purchase

1,447

1.739

Ordinary

Purchase

1,542

1.7405

Ordinary

Purchase

1,284

1.742

Ordinary

Purchase

9,701

1.742

Ordinary

Purchase

1,714

1.742

Ordinary

Purchase

3,428

1.742

Ordinary

Purchase

39,744

1.742

Ordinary

Purchase

2,610

1.742

Ordinary

Purchase

2,803

1.738

Ordinary

Purchase

2,573

1.739

Ordinary

Purchase

2,572

1.739

Ordinary

Purchase

2,572

1.739

Ordinary

Purchase

1,172

1.74

Ordinary

Purchase

2,573

1.74

Ordinary

Purchase

2,572

1.7405

Ordinary

Purchase

2,659

1.741

Ordinary

Purchase

431

1.741

Ordinary

Purchase

1,489

1.737

Ordinary

Purchase

2,924

1.7425

Ordinary

Purchase

2,241

1.739

Ordinary

Purchase

331

1.739

Ordinary

Purchase

2,571

1.7415

Ordinary

Purchase

2,574

1.738

Ordinary

Purchase

2,644

1.741

Ordinary

Purchase

2,571

1.741

Ordinary

Purchase

632

1.7375

Ordinary

Purchase

1,121

1.7405

Ordinary

Purchase

1,452

1.7405

Ordinary

Purchase

2,572

1.74

Ordinary

Purchase

2,572

1.739

Ordinary

Purchase

2,696

1.735

Ordinary

Purchase

2,569

1.7395

Ordinary

Purchase

2,110

1.7385

Ordinary

Purchase

1,331

1.7415

Ordinary

Purchase

1,238

1.7415

Ordinary

Purchase

765

1.7415

Ordinary

Purchase

1,719

1.7415

Ordinary

Purchase

86

1.7415

Ordinary

Purchase

142

1.74

Ordinary

Purchase

2,430

1.74

Ordinary

Purchase

4

1.7425

Ordinary

Purchase

2,618

1.7425

Ordinary

Purchase

4,900

1.741

Ordinary

Purchase

611

1.7405

Ordinary

Purchase

2,101

1.741

Ordinary

Purchase

2,935

1.741

Ordinary

Purchase

2,574

1.739

Ordinary

Purchase

2,572

1.74

Ordinary

Purchase

1,845

1.7415

Ordinary

Purchase

724

1.7415

Ordinary

Purchase

323

1.7395

Ordinary

Purchase

627

1.7395

Ordinary

Purchase

1,946

1.7395

Ordinary

Purchase

1,722

1.7405

Ordinary

Purchase

239

1.7405

Ordinary

Purchase

32

1.7425

Ordinary

Purchase

2,197

1.7425

Ordinary

Purchase

2,573

1.739

Ordinary

Purchase

7,238

1.7455

Ordinary

Purchase

218

1.7455

Ordinary

Purchase

2,955

1.7425

Ordinary

Purchase

2,647

1.739

Ordinary

Purchase

2,587

1.7425

Ordinary

Purchase

6,639

1.7425

Ordinary

Purchase

5,124

1.7415

Ordinary

Purchase

2,976

1.7415

Ordinary

Purchase

1,351

1.7425

Ordinary

Purchase

2,571

1.7405

Ordinary

Purchase

1,019

1.74

Ordinary

Purchase

1,553

1.74

Ordinary

Purchase

2,572

1.74

Ordinary

Purchase

1,285

1.7375

Ordinary

Purchase

510

1.739

Ordinary

Purchase

781

1.739

Ordinary

Purchase

658

1.7375

Ordinary

Purchase

2,573

1.739

Ordinary

Purchase

2,648

1.7385

Ordinary

Purchase

2,575

1.738

Ordinary

Purchase

2,573

1.739

Ordinary

Purchase

1,087

1.737

Ordinary

Purchase

3,775

1.7415

Ordinary

Purchase

1,252

1.7415

Ordinary

Purchase

1,875

1.7415

Ordinary

Purchase

2,790

1.7415

Ordinary

Purchase

1,395

1.7415

Ordinary

Purchase

4,000

1.7415

Ordinary

Purchase

2,587

1.7415

Ordinary

Purchase

620

1.7395

Ordinary

Purchase

2,804

1.7375

Ordinary

Purchase

2,574

1.739

Ordinary

Purchase

1,199

1.7395

Ordinary

Purchase

430

1.7395

Ordinary

Purchase

1

1.7405

Ordinary

Purchase

6,360

1.742

Ordinary

Purchase

9,540

1.742

Ordinary

Purchase

5

1.7425

Ordinary

Purchase

5

1.7425

Ordinary

Purchase

1,314

1.742

Ordinary

Purchase

2,000

1.74

Ordinary

Purchase

1,456

1.74

Ordinary

Purchase

1,594

1.742

Ordinary

Purchase

2,337

1.742

Ordinary

Purchase

990

1.742

Ordinary

Purchase

1,010

1.742

Ordinary

Purchase

1,374

1.7435

Ordinary

Purchase

2,319

1.7435

Ordinary

Purchase

2,000

1.744

Ordinary

Purchase

2,149

1.7445

Ordinary

Purchase

7,500

1.7425

Ordinary

Purchase

5,500

1.741

Ordinary

Purchase

899

1.7425

Ordinary

Purchase

1,524

1.739

Ordinary

Purchase

942

1.739

Ordinary

Purchase

2,024

1.742

Ordinary

Purchase

5,000

1.7435

Ordinary

Purchase

1,500

1.7445

Ordinary

Purchase

1,500

1.7445

Ordinary

Purchase

5,540

1.742

Ordinary

Purchase

861

1.7415

Ordinary

Sale

2,587

1.74

Ordinary

Sale

2,581

1.741

Ordinary

Sale

2,197

1.741

Ordinary

Sale

53

1.7405

Ordinary

Sale

2,906

1.7405

Ordinary

Sale

522

1.7405

Ordinary

Sale

1,987

1.7405

Ordinary

Sale

202

1.741

Ordinary

Sale

2,585

1.7405

Ordinary

Sale

2,411

1.741

Ordinary

Sale

2,588

1.7415

Ordinary

Sale

2,583

1.7405

Ordinary

Sale

768

1.7405

Ordinary

Sale

5,145

1.74075

Ordinary

Sale

2,581

1.7405

Ordinary

Sale

183

1.740983607

Ordinary

Sale

6,360

1.732

Ordinary

Sale

631

1.732

Ordinary

Sale

6,360

1.732

Ordinary

Sale

1,072

1.732

Ordinary

Sale

323

1.732

Ordinary

Sale

778

1.732

Ordinary

Sale

30

1.732

Ordinary

Sale

4,387

1.732

Ordinary

Sale

2,017

1.732

Ordinary

Sale

936

1.732

Ordinary

Sale

1,037

1.732

Ordinary

Sale

346

1.732

Ordinary

Sale

1,163

1.732

Ordinary

Sale

459

1.74

Ordinary

Sale

2,415

1.74

Ordinary

Sale

817

1.74

Ordinary

Sale

899

1.74

Ordinary

Sale

1,081

1.74

Ordinary

Sale

2,353

1.74

Ordinary

Sale

1,715

1.741

Ordinary

Sale

1,737

1.7415

Ordinary

Sale

1,798

1.7435

Ordinary

Sale

1,300

1.7435

Ordinary

Sale

2,497

1.7435

Ordinary

Sale

2,198

1.7425

Ordinary

Sale

461

1.74

Ordinary

Sale

1,782

1.74

Ordinary

Sale

2,243

1.74

Ordinary

Sale

1,448

1.74

Ordinary

Sale

1,799

1.74

Ordinary

Sale

152

1.74

Ordinary

Sale

1,400

1.7375

Ordinary

Sale

1,894

1.738

Ordinary

Sale

1,531

1.739

Ordinary

Sale

2,017

1.74

Ordinary

Sale

2,131

1.742

Ordinary

Sale

1,717

1.7395

Ordinary

Sale

899

1.7405

Ordinary

Sale

1,697

1.742

Ordinary

Sale

1,773

1.739

Ordinary

Sale

3,393

1.7405

Ordinary

Sale

2,832

1.7405

Ordinary

Sale

40

1.739

Ordinary

Sale

1,504

1.7405

Ordinary

Sale

899

1.7405

Ordinary

Sale

181

1.7425

Ordinary

Sale

898

1.742

Ordinary

Sale

2,000

1.737

Ordinary

Sale

1,759

1.7385

Ordinary

Sale

2,910

1.7435

Ordinary

Sale

786

1.742

Ordinary

Sale

154

1.742

Ordinary

Sale

914

1.742

Ordinary

Sale

1,736

1.7415

Ordinary

Sale

816

1.7385

Ordinary

Sale

815

1.74

Ordinary

Sale

1,730

1.742

Ordinary

Sale

1,708

1.739

Ordinary

Sale

2,349

1.7415

Ordinary

Sale

3,292

1.7415

Ordinary

Sale

2,876

1.743

Ordinary

Sale

2,671

1.743

Ordinary

Sale

2,714

1.743

Ordinary

Sale

1,888

1.737

Ordinary

Sale

53

1.737

Ordinary

Sale

1,577

1.7425

Ordinary

Sale

2,621

1.7425

Ordinary

Sale

7,950

1.7285

Ordinary

Sale

5,366

1.732

Ordinary

Sale

2,584

1.732

Ordinary

Sale

2,567

1.7415

Ordinary

Sale

2,500

1.738

Ordinary

Sale

1,897

1.738

Ordinary

Sale

187

1.74

Ordinary

Sale

1,882

1.74

Ordinary

Sale

973

1.74

Ordinary

Sale

215

1.74

Ordinary

Sale

4,740

1.741

Ordinary

Sale

4,812

1.7405

Ordinary

Sale

2,560

1.746

Ordinary

Sale

249

1.745

Ordinary

Sale

1,649

1.7365

Ordinary

Sale

1,644

1.7365

Ordinary

Sale

1,549

1.7375

Ordinary

Sale

1,807

1.737

Ordinary

Sale

1,601

1.737

Ordinary

Sale

1,591

1.738

Ordinary

Sale

1,633

1.7375

Ordinary

Sale

2,545

1.74

Ordinary

Sale

20

1.74

Ordinary

Sale

7

1.74

Ordinary

Sale

2,559

1.746

Ordinary

Sale

430

1.7405

Ordinary

Sale

225

1.7405

Ordinary

Sale

225

1.7405

Ordinary

Sale

1,607

1.7405

Ordinary

Sale

748

1.7405

Ordinary

Sale

2,671

1.742

Ordinary

Sale

329

1.742

Ordinary

Sale

2,560

1.746

Ordinary

Sale

500

1.742

Ordinary

Sale

4,728

1.74

Ordinary

Sale

90

1.739

Ordinary

Sale

123

1.739

Ordinary

Sale

2,500

1.739

Ordinary

Sale

123

1.739

Ordinary

Sale

2,562

1.745

Ordinary

Sale

2,559

1.746

Ordinary

Sale

2,569

1.74

Ordinary

Sale

5,132

1.7405

Ordinary

Sale

2,645

1.7405

Ordinary

Sale

4,994

1.7405

Ordinary

Sale

786

1.745

Ordinary

Sale

594

1.745

Ordinary

Sale

1,183

1.745

Ordinary

Sale

1,519

1.7365

Ordinary

Sale

1,060

1.7365

Ordinary

Sale

2,578

1.736

Ordinary

Sale

294

1.7395

Ordinary

Sale

2,572

1.7405

Ordinary

Sale

2,565

1.7425

Ordinary

Sale

2,573

1.739

Ordinary

Sale

2,573

1.739

Ordinary

Sale

2,253

1.7425

Ordinary

Sale

955

1.7425

Ordinary

Sale

4,660

1.7415

Ordinary

Sale

1,607

1.7425

Ordinary

Sale

3,181

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

7,162

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

2,799

1.742

Ordinary

Sale

39,744

1.742

Ordinary

Sale

16,341

1.742

Ordinary

Sale

38,211

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

35,896

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

3,181

1.742

Ordinary

Sale

1,121

1.742

Ordinary

Sale

5,691

1.7405

Ordinary

Sale

527

1.742

Ordinary

Sale

246,281

1.742

Ordinary

Sale

500

1.74

Ordinary

Sale

3,479

1.741

Ordinary

Sale

2,547

1.7415

Ordinary

Sale

542

1.7415

Ordinary

Sale

526

1.742

Ordinary

Sale

2,587

1.7425

Ordinary

Sale

528

1.742

Ordinary

Sale

2,587

1.7415

Ordinary

Sale

2,581

1.74

Ordinary

Sale

2,392

1.7405

Ordinary

Sale

2,585

1.7405

Ordinary

Sale

192

1.741

Ordinary

Sale

233

1.7405

Ordinary

Sale

2,352

1.7405

Ordinary

Sale

3,180

1.732

Ordinary

Sale

4,054

1.742

Ordinary

Sale

3,428

1.742

Ordinary

Sale

5,142

1.742

Ordinary

Sale

1,714

1.742

Ordinary

Sale

3,429

1.742

Ordinary

Sale

1,715

1.742

Ordinary

Sale

5,143

1.742

Ordinary

Sale

3,428

1.742

Ordinary

Sale

179

1.742

Ordinary

Sale

382

1.742

Ordinary

Sale

2,100

1.74

Ordinary

Sale

964

1.74

Ordinary

Sale

1,244

1.74

Ordinary

Sale

1,627

1.7405

Ordinary

Sale

1,300

1.7395

Ordinary

Sale

1,839

1.7405

Ordinary

Sale

986

1.7405

Ordinary

Sale

2,821

1.7405

Ordinary

Sale

2,073

1.7415

Ordinary

Sale

2,784

1.743

Ordinary

Sale

1,554

1.743

Ordinary

Sale

499

1.743

Ordinary

Sale

1,200

1.74

Ordinary

Sale

1,346

1.74

Ordinary

Sale

2,546

1.74

Ordinary

Sale

1,200

1.7385

Ordinary

Sale

1,532

1.7385

Ordinary

Sale

1,593

1.7445

Ordinary

Sale

669

1.7445

Ordinary

Sale

708

1.742

Ordinary

Sale

11,584

1.742

Ordinary

Sale

553

1.742

Ordinary

Sale

27,000

1.396749

Ordinary

Sale

861

1.7435


Total Purchases

336,842



Total Sales

813,237


 

                                                                                                      

(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

Equity Linked Swap

Expiry

574,462

N/A

Ordinary

Equity Linked Swap

Increasing a long position

547,060

1.742

 

(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:

01/08/2017

Contact name:

Olivier Vero

Telephone number:

+44 20 7676 6821 / 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

EUR

Type

e.g. American, European etc.

Expiry date

Ordinary Shares

Listed Call Option

Sale

1,000

2.200

American options

19/01/2018

Ordinary Shares

Listed Call Option

Sale

5,000,000

2.600

American options

15/12/2017

Ordinary Shares

Listed Call Option

Sale

2,750,000

1.800

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

3,000,000

1.200

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

8,000

1.4

American options

15/06/2018

Ordinary Shares

Listed Put Option

Purchase

79,000

1.65

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

1,000

1.600

American options

19/01/2018

Ordinary Shares

Listed Put Option

Purchase

30,000

1.600

American options

15/06/2018

Ordinary Shares

Listed Put Option

Purchase

15,000

1.950

American options

15/12/2017

Ordinary Shares

Listed Put Option

Purchase

500,000

2.400

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

5,000

1.400

American options

16/03/2018

Ordinary Shares

Listed Put Option

Purchase

500,000

1.900

American options

15/12/2017

Ordinary Shares

Listed Put Option

Sale

2,250,000

1

American options

18/09/2020

Ordinary Shares

Listed Put Option

Sale

2,750,000

1.800

American options

21/12/2018

Ordinary Shares

OTC call-option

Sale

2,940,000

1.700

American options

15/09/2017

Ordinary Shares

OTC put-option

Sale

2,940,000

1.700

American options

15/09/2017

 

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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