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Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 6707N
Societe Generale SA
10 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

09/08/2017

(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: 22,233,506 Shares Interests and 37,984,968 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:

22,235,006

0.27

37,984,968

0.46

(2) Cash-settled derivatives:

 

31,263,361

0.38

1,717,790

0.02

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

7,940,000

0.10

14,829,000

0.18

 

     TOTAL:

61,438,367

0.75

54,531,758

0.67

 

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

2,000

1.794

Ordinary

Purchase

695

1.794

Ordinary

Purchase

338

1.8015

Ordinary

Purchase

2,979

1.8015

Ordinary

Purchase

5,940

1.8015

Ordinary

Purchase

14,358

1.8015

Ordinary

Purchase

15,901

1.8015

Ordinary

Purchase

9,961

1.8015

Ordinary

Purchase

15,901

1.8015

Ordinary

Purchase

15,901

1.8015

Ordinary

Purchase

1,543

1.8015

Ordinary

Purchase

318,011

1.793006

Ordinary

Purchase

3,000

1.7935

Ordinary

Purchase

1,691

1.7945

Ordinary

Purchase

1,513

1.7945

Ordinary

Purchase

900

1.7945

Ordinary

Purchase

76

1.7905

Ordinary

Purchase

2,592

1.7995

Ordinary

Purchase

1,372

1.7995

Ordinary

Purchase

1,822

1.7995

Ordinary

Purchase

4,932

1.7995

Ordinary

Purchase

2,575

1.7955

Ordinary

Purchase

3,081

1.7995

Ordinary

Purchase

6,360

1.8015

Ordinary

Purchase

15,901

1.8015

Ordinary

Purchase

3,099

1.8015

Ordinary

Purchase

300

1.7915

Ordinary

Purchase

280

1.7915

Ordinary

Purchase

2,248

1.7915

Ordinary

Purchase

1,737

1.7975

Ordinary

Purchase

829

1.7945

Ordinary

Purchase

2,016

1.7945

Ordinary

Purchase

904

1.7945

Ordinary

Purchase

2,000

1.797

Ordinary

Purchase

3,265

1.8015

Ordinary

Purchase

3,917

1.8015

Ordinary

Purchase

3,918

1.8015

Ordinary

Purchase

2,390

1.8015

Ordinary

Purchase

3,265

1.8015

Ordinary

Purchase

3,265

1.8015

Ordinary

Purchase

3,918

1.8015

Ordinary

Purchase

3,265

1.8015

Ordinary

Purchase

3,264

1.8015

Ordinary

Purchase

3,947

1.789

Ordinary

Purchase

446

1.797

Ordinary

Purchase

3,274

1.7975

Ordinary

Purchase

2,314

1.7975

Ordinary

Purchase

2,742

1.798

Ordinary

Purchase

6,253

1.7955

Ordinary

Purchase

2,722

1.7825

Ordinary

Purchase

953

1.7955

Ordinary

Purchase

2,526

1.7955

Ordinary

Purchase

3,000

1.7955

Ordinary

Purchase

471

1.7835

Ordinary

Purchase

1,047

1.7835

Ordinary

Purchase

400

1.784

Ordinary

Purchase

1,000

1.784

Ordinary

Purchase

2,433

1.784

Ordinary

Purchase

2,134

1.797

Ordinary

Purchase

1,577

1.797

Ordinary

Purchase

3,364

1.798

Ordinary

Purchase

3,185

1.798

Ordinary

Purchase

3,289

1.7975

Ordinary

Purchase

2,275

1.79

Ordinary

Purchase

176

1.7995

Ordinary

Purchase

3,000

1.7995

Ordinary

Purchase

4,193

1.7995

Ordinary

Purchase

99

1.7995

Ordinary

Purchase

5,860

1.7995

Ordinary

Purchase

402

1.7905

Ordinary

Purchase

5,634

1.8005

Ordinary

Purchase

1,310

1.798

Ordinary

Purchase

1,508

1.799

Ordinary

Purchase

3,093

1.7935

Ordinary

Purchase

3,375

1.7935

Ordinary

Purchase

2,829

1.794

Ordinary

Purchase

5,723

1.797

Ordinary

Purchase

1,741

1.789

Ordinary

Purchase

1,235

1.789

Ordinary

Purchase

1,948

1.7945

Ordinary

Purchase

1,200

1.7945

Ordinary

Purchase

1,948

1.7945

Ordinary

Purchase

3,774

1.7945

Ordinary

Purchase

2,664

1.7945

Ordinary

Purchase

1,748

1.7945

Ordinary

Purchase

3,479

1.7945

Ordinary

Purchase

2,500

1.7945

Ordinary

Purchase

5,497

1.7945

Ordinary

Purchase

5,202

1.7945

Ordinary

Purchase

6,000

1.7945

Ordinary

Purchase

725

1.799

Ordinary

Purchase

107

1.799

Ordinary

Purchase

1,319

1.789

Ordinary

Purchase

900

1.789

Ordinary

Purchase

3,120

1.7875

Ordinary

Purchase

1,705

1.7865

Ordinary

Purchase

1,177

1.7905

Ordinary

Purchase

1,512

1.79

Ordinary

Purchase

1,247

1.7965

Ordinary

Purchase

4,477

1.7965

Ordinary

Purchase

3,350

1.7865

Ordinary

Purchase

802

1.7995

Ordinary

Purchase

3,000

1.8005

Ordinary

Purchase

1,550

1.7965

Ordinary

Purchase

16,177

1.7965

Ordinary

Purchase

2,179

1.7885

Ordinary

Purchase

4,548

1.7915

Ordinary

Purchase

1,466

1.7885

Ordinary

Purchase

4,397

1.788

Ordinary

Purchase

516

1.788

Ordinary

Purchase

3,000

1.799

Ordinary

Purchase

1,868

1.7885

Ordinary

Purchase

6,360

1.8015

Ordinary

Purchase

6,360

1.8015

Ordinary

Purchase

676

1.7955

Ordinary

Sale

1,558

1.7975

Ordinary

Sale

2,524

1.797

Ordinary

Sale

1,754

1.7965

Ordinary

Sale

1,347

1.7965

Ordinary

Sale

41

1.7965

Ordinary

Sale

1,000

1.7975

Ordinary

Sale

1,722

1.7975

Ordinary

Sale

952

1.7975

Ordinary

Sale

1,349

1.7975

Ordinary

Sale

2,171

1.7975

Ordinary

Sale

846

1.7975

Ordinary

Sale

3,021

1.79625

Ordinary

Sale

1,475

1.795

Ordinary

Sale

166

1.794

Ordinary

Sale

2,429

1.794

Ordinary

Sale

101

1.794

Ordinary

Sale

1,330

1.794

Ordinary

Sale

2,292

1.794

Ordinary

Sale

969

1.7975

Ordinary

Sale

2,074

1.795

Ordinary

Sale

1,507

1.795

Ordinary

Sale

1,025

1.795

Ordinary

Sale

1,786

1.7975

Ordinary

Sale

3,835

1.7975

Ordinary

Sale

2,103

1.7965

Ordinary

Sale

4,288

1.7965

Ordinary

Sale

2,531

1.7965

Ordinary

Sale

2,416

1.8015

Ordinary

Sale

11

1.7995

Ordinary

Sale

1,392

1.8015

Ordinary

Sale

1,222

1.796

Ordinary

Sale

511

1.796

Ordinary

Sale

13

1.7995

Ordinary

Sale

1,000

1.7995

Ordinary

Sale

48

1.7995

Ordinary

Sale

61

1.7995

Ordinary

Sale

2,170

1.79625

Ordinary

Sale

3,191

1.8

Ordinary

Sale

2,000

1.8005

Ordinary

Sale

2,357

1.79825

Ordinary

Sale

221

1.798

Ordinary

Sale

530

1.8005

Ordinary

Sale

2,843

1.8005

Ordinary

Sale

5,292

1.799

Ordinary

Sale

1,357

1.796

Ordinary

Sale

6,438

1.791

Ordinary

Sale

30

1.7995

Ordinary

Sale

2,531

1.796

Ordinary

Sale

1,444

1.7965

Ordinary

Sale

2,714

1.7995

Ordinary

Sale

1,818

1.8005

Ordinary

Sale

670

1.8005

Ordinary

Sale

1,620

1.8015

Ordinary

Sale

4,860

1.8015

Ordinary

Sale

3,240

1.8015

Ordinary

Sale

1,620

1.8015

Ordinary

Sale

3,240

1.8015

Ordinary

Sale

3,337

1.8015

Ordinary

Sale

1,793

1.798

Ordinary

Sale

616

1.796

Ordinary

Sale

2,491

1.796

Ordinary

Sale

1,573

1.801

Ordinary

Sale

807

1.801

Ordinary

Sale

819

1.8

Ordinary

Sale

449

1.8

Ordinary

Sale

150

1.794

Ordinary

Sale

312

1.794

Ordinary

Sale

118

1.794

Ordinary

Sale

2,099

1.794

Ordinary

Sale

3,211

1.7955

Ordinary

Sale

1,544

1.8015

Ordinary

Sale

2,522

1.7975

Ordinary

Sale

157

1.794

Ordinary

Sale

584

1.794

Ordinary

Sale

656

1.794

Ordinary

Sale

1,286

1.794

Ordinary

Sale

16

1.795

Ordinary

Sale

2,503

1.795

Ordinary

Sale

18

1.8005

Ordinary

Sale

1,559

1.8015

Ordinary

Sale

2,516

1.7925

Ordinary

Sale

616

1.796

Ordinary

Sale

2,587

1.797

Ordinary

Sale

2,518

1.795

Ordinary

Sale

2,516

1.794

Ordinary

Sale

3,811

1.7915

Ordinary

Sale

3,188

1.7895

Ordinary

Sale

2,515

1.794

Ordinary

Sale

826

1.7995

Ordinary

Sale

5,435

1.796

Ordinary

Sale

2,100

1.796

Ordinary

Sale

332

1.796

Ordinary

Sale

2,586

1.795

Ordinary

Sale

3,000

1.798

Ordinary

Sale

3,059

1.8005

Ordinary

Sale

2,514

1.793

Ordinary

Sale

2,516

1.7935

Ordinary

Sale

2,515

1.796

Ordinary

Sale

2,587

1.7965

Ordinary

Sale

2,516

1.7925

Ordinary

Sale

2,664

1.7945

Ordinary

Sale

800

1.7895

Ordinary

Sale

439

1.7895

Ordinary

Sale

2,514

1.796

Ordinary

Sale

3,091

1.7845

Ordinary

Sale

2,514

1.796

Ordinary

Sale

2,514

1.796

Ordinary

Sale

2,515

1.794

Ordinary

Sale

2,518

1.796

Ordinary

Sale

2,514

1.7965

Ordinary

Sale

656

1.7845

Ordinary

Sale

2,056

1.7845

Ordinary

Sale

1,819

1.793

Ordinary

Sale

612

1.796

Ordinary

Sale

1,902

1.796

Ordinary

Sale

1,033

1.8

Ordinary

Sale

1,491

1.8

Ordinary

Sale

12,720

1.7935

Ordinary

Sale

5,634

1.8005

Ordinary

Sale

2,513

1.796

Ordinary

Sale

2,585

1.7975

Ordinary

Sale

984

1.7935

Ordinary

Sale

1,533

1.7935

Ordinary

Sale

2,515

1.7965

Ordinary

Sale

3,180

1.7935

Ordinary

Sale

19,492

1.8015

Ordinary

Sale

3,364

1.798

Ordinary

Sale

181,628

1.8015

Ordinary

Sale

6,360

1.8015

Ordinary

Sale

159

1.8015

Ordinary

Sale

14,865

1.8015

Ordinary

Sale

3,147

1.7975

Ordinary

Sale

5,750

1.7975

Ordinary

Sale

1,050

1.8005

Ordinary

Sale

14,019

1.8015

Ordinary

Sale

6,215

1.8015

Ordinary

Sale

1,440

1.8015

Ordinary

Sale

1,939

1.8015

Ordinary

Sale

15,901

1.8015

Ordinary

Sale

15,794

1.8015

Ordinary

Sale

7,439

1.8015

Ordinary

Sale

1,543

1.8015

Ordinary

Sale

2,851

1.796

Ordinary

Sale

567

1.799

Ordinary

Sale

1,650

1.7975


Total Purchases

691,251



Total Sales

550,418


 

                                                                                                      

(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:

10/08/2017
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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