Level 2

Company Announcements

Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 9188M
Societe Generale SA
02 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

01/08/2017

(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: 21,405,330 Shares Interests and 33,206,862 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:

21,406,830

0.26

33,206,862

0.41

(2) Cash-settled derivatives:

 

31,263,361

0.38

5,880,790

0.07

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

7,940,000

0.10

14,829,000

0.18

 

     TOTAL:

60,610,191

0.74

53,916,652

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

11

1.759

Ordinary

Purchase

325

1.7595

Ordinary

Purchase

658

1.752

Ordinary

Purchase

1,460

1.752

Ordinary

Purchase

3,000

1.74225

Ordinary

Purchase

658

1.752

Ordinary

Purchase

1,245

1.752

Ordinary

Purchase

1,345

1.749

Ordinary

Purchase

1,443

1.7505

Ordinary

Purchase

474

1.75

Ordinary

Purchase

2,462

1.75

Ordinary

Purchase

1,000

1.7585

Ordinary

Purchase

1,392

1.7585

Ordinary

Purchase

1,749

1.7585

Ordinary

Purchase

926

1.7585

Ordinary

Purchase

661

1.748

Ordinary

Purchase

1,600

1.7455

Ordinary

Purchase

61

1.7455

Ordinary

Purchase

1,700

1.7575

Ordinary

Purchase

1,200

1.7505

Ordinary

Purchase

2,426

1.7485

Ordinary

Purchase

1,460

1.744

Ordinary

Purchase

1,044

1.7485

Ordinary

Purchase

2,000

1.747

Ordinary

Purchase

558

1.747

Ordinary

Purchase

1,618

1.748

Ordinary

Purchase

291

1.7535

Ordinary

Purchase

2,764

1.7535

Ordinary

Purchase

871

1.7535

Ordinary

Purchase

2,631

1.7535

Ordinary

Purchase

1,921

1.7535

Ordinary

Purchase

1,434

1.754

Ordinary

Purchase

2,000

1.7505

Ordinary

Purchase

234

1.754

Ordinary

Purchase

1,200

1.754

Ordinary

Purchase

1,558

1.7545

Ordinary

Purchase

1,436

1.7545

Ordinary

Purchase

367

1.745

Ordinary

Purchase

2,000

1.745

Ordinary

Purchase

2,000

1.7445

Ordinary

Purchase

3,000

1.742

Ordinary

Purchase

1,478

1.75

Ordinary

Purchase

2,000

1.7445

Ordinary

Purchase

1,298

1.7485

Ordinary

Purchase

553

1.7415

Ordinary

Purchase

1,037

1.7415

Ordinary

Purchase

15,901

1.7595

Ordinary

Purchase

14,717

1.7595

Ordinary

Purchase

1,184

1.7595

Ordinary

Purchase

1,288

1.7505

Ordinary

Purchase

2,105

1.7505

Ordinary

Purchase

2,000

1.752

Ordinary

Purchase

2,000

1.752

Ordinary

Purchase

1,385

1.7485

Ordinary

Purchase

455

1.7485

Ordinary

Purchase

1,100

1.7465

Ordinary

Purchase

1,435

1.748

Ordinary

Purchase

2,099

1.747

Ordinary

Purchase

2,100

1.7465

Ordinary

Purchase

1,230

1.7465

Ordinary

Purchase

10

1.7575

Ordinary

Purchase

46

1.7595

Ordinary

Purchase

33,625

1.7595

Ordinary

Purchase

3,371

1.7595

Ordinary

Purchase

1,686

1.7595

Ordinary

Purchase

32,586

1.7595

Ordinary

Purchase

8,910

1.7595

Ordinary

Purchase

1,212

1.749

Ordinary

Purchase

1,964

1.749

Ordinary

Purchase

1,500

1.7535

Ordinary

Purchase

1,354

1.7485

Ordinary

Purchase

2,467

1.748

Ordinary

Purchase

736

1.749

Ordinary

Purchase

2,397

1.754

Ordinary

Purchase

1,468

1.7475

Ordinary

Purchase

2,997

1.752

Ordinary

Purchase

4,729

1.752

Ordinary

Purchase

2,229

1.756

Ordinary

Purchase

2,539

1.7585

Ordinary

Purchase

1,503

1.745

Ordinary

Purchase

1,061

1.745

Ordinary

Purchase

2,563

1.7465

Ordinary

Purchase

2,548

1.753

Ordinary

Purchase

124

1.759

Ordinary

Purchase

2,984

1.755

Ordinary

Purchase

2,016

1.7535

Ordinary

Purchase

2,834

1.7545

Ordinary

Purchase

3,056

1.754

Ordinary

Purchase

1,122

1.7535

Ordinary

Purchase

1,570

1.7535

Ordinary

Purchase

3,601

1.75

Ordinary

Purchase

1,465

1.75

Ordinary

Purchase

2,548

1.75

Ordinary

Purchase

500

1.75

Ordinary

Purchase

1,537

1.7435

Ordinary

Purchase

2,542

1.7435

Ordinary

Purchase

4,362

1.75

Ordinary

Purchase

300

1.7525

Ordinary

Purchase

2,541

1.7575

Ordinary

Purchase

3,000

1.7555

Ordinary

Purchase

2,541

1.7565

Ordinary

Purchase

4,395

1.75

Ordinary

Purchase

88

1.75

Ordinary

Purchase

1,887

1.7585

Ordinary

Purchase

1,887

1.7585

Ordinary

Purchase

1,000

1.7585

Ordinary

Purchase

2,695

1.7585

Ordinary

Purchase

6,030

1.7585

Ordinary

Purchase

250

1.7585

Ordinary

Purchase

216

1.7585

Ordinary

Purchase

1,040

1.7585

Ordinary

Purchase

1,548

1.7585

Ordinary

Purchase

2,541

1.758

Ordinary

Purchase

867

1.748

Ordinary

Purchase

1,596

1.748

Ordinary

Purchase

2,551

1.7515

Ordinary

Purchase

1,852

1.758

Ordinary

Purchase

2,542

1.7575

Ordinary

Purchase

2,248

1.7525

Ordinary

Purchase

2,687

1.7575

Ordinary

Purchase

2,271

1.7525

Ordinary

Purchase

277

1.7525

Ordinary

Purchase

6,966

1.75

Ordinary

Purchase

459

1.7575

Ordinary

Purchase

2,081

1.7575

Ordinary

Purchase

1,183

1.7485

Ordinary

Purchase

345

1.744

Ordinary

Purchase

2,441

1.744

Ordinary

Purchase

2,550

1.753

Ordinary

Purchase

1,746

1.7485

Ordinary

Purchase

216

1.747

Ordinary

Purchase

351

1.747

Ordinary

Purchase

2,500

1.747

Ordinary

Purchase

642

1.747

Ordinary

Purchase

553

1.759

Ordinary

Purchase

7,762

1.748

Ordinary

Purchase

2,541

1.757

Ordinary

Purchase

2,540

1.758

Ordinary

Purchase

2,539

1.758

Ordinary

Purchase

4,200

1.7475

Ordinary

Purchase

2,541

1.7575

Ordinary

Purchase

257

1.7475

Ordinary

Purchase

613

1.7475

Ordinary

Purchase

2,540

1.7575

Ordinary

Purchase

1,568

1.7515

Ordinary

Purchase

52

1.759

Ordinary

Purchase

292

1.759

Ordinary

Purchase

366

1.753

Ordinary

Purchase

1,887

1.753

Ordinary

Purchase

2,666

1.753

Ordinary

Purchase

3,222

1.756

Ordinary

Purchase

3,203

1.7565

Ordinary

Purchase

1,479

1.7535

Ordinary

Purchase

1,642

1.759

Ordinary

Purchase

498

1.753

Ordinary

Purchase

2,612

1.7585

Ordinary

Purchase

3,001

1.7545

Ordinary

Purchase

3,218

1.754

Ordinary

Purchase

3,099

1.7555

Ordinary

Purchase

216

1.748

Ordinary

Purchase

3,937

1.748

Ordinary

Purchase

2,553

1.7595

Ordinary

Purchase

791

1.754

Ordinary

Purchase

1,583

1.7595

Ordinary

Purchase

1,756

1.754

Ordinary

Purchase

723

1.747

Ordinary

Purchase

2,560

1.748

Ordinary

Purchase

759

1.754

Ordinary

Purchase

1,789

1.754

Ordinary

Purchase

4,809

1.7535

Ordinary

Purchase

1,276

1.7535

Ordinary

Purchase

345

1.7535

Ordinary

Purchase

2,549

1.7525

Ordinary

Purchase

3,000

1.754

Ordinary

Purchase

2,425

1.754

Ordinary

Purchase

3,225

1.754

Ordinary

Purchase

2,540

1.7575

Ordinary

Purchase

776

1.745

Ordinary

Purchase

2,537

1.759

Ordinary

Purchase

2,537

1.759

Ordinary

Purchase

2,500

1.7535

Ordinary

Purchase

1,402

1.7535

Ordinary

Purchase

2,360

1.745

Ordinary

Purchase

2,500

1.745

Ordinary

Purchase

2,538

1.7585

Ordinary

Purchase

2,538

1.758

Ordinary

Purchase

216

1.7545

Ordinary

Purchase

2,605

1.7545

Ordinary

Purchase

1,365

1.7545

Ordinary

Purchase

1,887

1.7545

Ordinary

Purchase

4,957

1.754

Ordinary

Purchase

2,548

1.7535

Ordinary

Purchase

300

1.7575

Ordinary

Purchase

2,231

1.7575

Ordinary

Purchase

1,555

1.7515

Ordinary

Purchase

1,801

1.7515

Ordinary

Purchase

309

1.757

Ordinary

Purchase

2,500

1.747

Ordinary

Purchase

2,538

1.759

Ordinary

Purchase

461

1.747

Ordinary

Purchase

131

1.747

Ordinary

Purchase

2,551

1.7525

Ordinary

Purchase

109

1.747

Ordinary

Purchase

2,549

1.7525

Ordinary

Purchase

2,550

1.7515

Ordinary

Purchase

2,537

1.76

Ordinary

Purchase

2,559

1.748

Ordinary

Purchase

1,382

1.7595

Ordinary

Purchase

3,664

1.7545

Ordinary

Purchase

614

1.7545

Ordinary

Purchase

2,830

1.759853

Ordinary

Sale

5,056

1.7595

Ordinary

Sale

8,428

1.7595

Ordinary

Sale

8,428

1.7595

Ordinary

Sale

5,057

1.7595

Ordinary

Sale

6,743

1.7595

Ordinary

Sale

3,371

1.7595

Ordinary

Sale

3,371

1.7595

Ordinary

Sale

8,428

1.7595

Ordinary

Sale

6,742

1.7595

Ordinary

Sale

5,057

1.7595

Ordinary

Sale

2,105

1.7595

Ordinary

Sale

1,686

1.7595

Ordinary

Sale

1,685

1.7595

Ordinary

Sale

1,713

1.759

Ordinary

Sale

824

1.759

Ordinary

Sale

37

1.7595

Ordinary

Sale

1,912

1.7595

Ordinary

Sale

2,068

1.7595

Ordinary

Sale

1,184

1.7595

Ordinary

Sale

15,901

1.7595

Ordinary

Sale

24,588

1.7595

Ordinary

Sale

77

1.7585

Ordinary

Sale

43

1.7585

Ordinary

Sale

112

1.758

Ordinary

Sale

2,568

1.758

Ordinary

Sale

23

1.76

Ordinary

Sale

5,059

1.75875

Ordinary

Sale

3,375

1.7595

Ordinary

Sale

1,554

1.7595

Ordinary

Sale

637

1.7595

Ordinary

Sale

3,903

1.76

Ordinary

Sale

1,335

1.76

Ordinary

Sale

3,231

1.76

Ordinary

Sale

563

1.76

Ordinary

Sale

143

1.759

Ordinary

Sale

2,805

1.759

Ordinary

Sale

337

1.759

Ordinary

Sale

5,469

1.7595

Ordinary

Sale

126

1.7585

Ordinary

Sale

1,364

1.7575

Ordinary

Sale

777

1.758

Ordinary

Sale

118

1.758

Ordinary

Sale

1,799

1.758

Ordinary

Sale

1,977

1.759

Ordinary

Sale

2,801

1.759

Ordinary

Sale

897

1.75975

Ordinary

Sale

104

1.76

Ordinary

Sale

50

1.76

Ordinary

Sale

207

1.76

Ordinary

Sale

1,374

1.76

Ordinary

Sale

1,407

1.759

Ordinary

Sale

763

1.759

Ordinary

Sale

282

1.759

Ordinary

Sale

229

1.759

Ordinary

Sale

34

1.7595

Ordinary

Sale

4,000

1.7595

Ordinary

Sale

1,875

1.7595

Ordinary

Sale

618

1.7595

Ordinary

Sale

197

1.7575

Ordinary

Sale

2,390

1.7575

Ordinary

Sale

2,143

1.758

Ordinary

Sale

1,000

1.7595

Ordinary

Sale

1,332

1.7595

Ordinary

Sale

694

1.7595

Ordinary

Sale

393

1.7595

Ordinary

Sale

114

1.7595

Ordinary

Sale

2,990

1.7585

Ordinary

Sale

1,428

1.76

Ordinary

Sale

853

1.76

Ordinary

Sale

53,307

1.7595

Ordinary

Sale

2,804

1.7595

Ordinary

Sale

169,485

1.7595

Ordinary

Sale

4,729

1.752

Ordinary

Sale

2,551

1.747

Ordinary

Sale

840

1.747

Ordinary

Sale

6,148

1.757

Ordinary

Sale

6,030

1.7585

Ordinary

Sale

6,320

1.7595

Ordinary

Sale

637

1.759

Ordinary

Sale

5,166

1.759

Ordinary

Sale

2,468

1.7475

Ordinary

Sale

4,664

1.748

Ordinary

Sale

4,738

1.753

Ordinary

Sale

2,988

1.7595

Ordinary

Sale

5,703

1.747

Ordinary

Sale

4,775

1.754

Ordinary

Sale

5,586

1.7525

Ordinary

Sale

5,554

1.752

Ordinary

Sale

5,363

1.759

Ordinary

Sale

3,807

1.7415

Ordinary

Sale

762

1.7515

Ordinary

Sale

4,777

1.7465

Ordinary

Sale

689

1.7585

Ordinary

Sale

1,732

1.7585

Ordinary

Sale

1,469

1.75925

Ordinary

Sale

38

1.7595

Ordinary

Sale

2,572

1.7595

Ordinary

Sale

2,533

1.7595

Ordinary

Sale

2,576

1.759

Ordinary

Sale

1,522

1.758

Ordinary

Sale

477

1.7595

Ordinary

Sale

440

1.7585

Ordinary

Sale

14

1.7575

Ordinary

Sale

312

1.759

Ordinary

Sale

350

1.7575

Ordinary

Sale

703

1.7575

Ordinary

Sale

425

1.7575

Ordinary

Sale

2,571

1.758

Ordinary

Sale

124

1.758

Ordinary

Sale

1,617

1.758

Ordinary

Sale

954

1.758

Ordinary

Sale

185

1.76

Ordinary

Sale

507

1.76

Ordinary

Sale

19

1.76

Ordinary

Sale

2,571

1.7575

Ordinary

Sale

2,064

1.759

Ordinary

Sale

2,571

1.7575

Ordinary

Sale

541

1.759

Ordinary

Sale

1,027

1.759

Ordinary

Sale

142

1.759

Ordinary

Sale

1,719

1.759

Ordinary

Sale

2,570

1.7575

Ordinary

Sale

132

1.759

Ordinary

Sale

2,262

1.759

Ordinary

Sale

525

1.7595


Total Purchases

483,804



Total Sales

527,109


 

                                                                                                      

(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

Reducing a long position

1,640

1.759853

Ordinary

CFD

Increasing a short position

1,190

1.759853

Ordinary

Listed put warrant

Increasing a long position

50

0.39

 

(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:

02/08/2017
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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