Portfolio

Company Announcements

Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 6608O
Societe Generale SA
22 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

21/08/2017

(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: 22,190,408 Shares Interests and 29,401,046 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:

22,191,908

0.27

29,401,046

0.36

(2) Cash-settled derivatives:

 

34,756,606

0.42

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:

64,888,514

0.79

45,947,836

0.56

 

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

28

1.7535

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

26,751

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

953

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

1,143

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

952

1.7695

Ordinary

Purchase

2,171

1.7690005

Ordinary

Purchase

2,375

1.769

Ordinary

Purchase

1,721

1.7505

Ordinary

Purchase

90

1.7485

Ordinary

Purchase

1,587

1.7695

Ordinary

Purchase

2,677

1.76

Ordinary

Purchase

2,642

1.76

Ordinary

Purchase

2,827

1.758

Ordinary

Purchase

2,821

1.7595

Ordinary

Purchase

2,959

1.759

Ordinary

Purchase

2,301

1.758

Ordinary

Purchase

2,970

1.758

Ordinary

Purchase

1,082

1.7515

Ordinary

Purchase

1,527

1.7515

Ordinary

Purchase

2,610

1.7505

Ordinary

Purchase

684

1.751

Ordinary

Purchase

5,649

1.7625

Ordinary

Purchase

2,412

1.7515

Ordinary

Purchase

4,798

1.753

Ordinary

Purchase

5,232

1.7525

Ordinary

Purchase

3,862

1.752

Ordinary

Purchase

4,783

1.753

Ordinary

Purchase

4,949

1.752

Ordinary

Purchase

1,119

1.7515

Ordinary

Purchase

1,649

1.7515

Ordinary

Purchase

2,850

1.7565

Ordinary

Purchase

2,283

1.756

Ordinary

Purchase

2,937

1.756

Ordinary

Purchase

2,221

1.7605

Ordinary

Purchase

2,650

1.763

Ordinary

Purchase

2,654

1.7625

Ordinary

Purchase

2,213

1.7615

Ordinary

Purchase

2,206

1.762

Ordinary

Purchase

2,123

1.761

Ordinary

Purchase

2,636

1.76

Ordinary

Purchase

2,671

1.7615

Ordinary

Purchase

2,687

1.7605

Ordinary

Purchase

2,603

1.7635

Ordinary

Purchase

2,320

1.76

Ordinary

Purchase

2,611

1.7505

Ordinary

Purchase

2,751

1.758

Ordinary

Purchase

5,767

1.7505

Ordinary

Purchase

3,556

1.7515

Ordinary

Purchase

3,688

1.751

Ordinary

Purchase

3,823

1.7505

Ordinary

Purchase

3,913

1.751

Ordinary

Purchase

3,872

1.7505

Ordinary

Purchase

2,594

1.764

Ordinary

Purchase

1,403

1.7635

Ordinary

Purchase

2,926

1.7635

Ordinary

Purchase

1,976

1.7505

Ordinary

Purchase

635

1.7505

Ordinary

Purchase

2,595

1.7625

Ordinary

Purchase

2,596

1.762

Ordinary

Purchase

3,826

1.751

Ordinary

Purchase

3,775

1.7505

Ordinary

Purchase

2,968

1.758

Ordinary

Purchase

2,614

1.7475

Ordinary

Purchase

3,029

1.7425

Ordinary

Purchase

4,228

1.7495

Ordinary

Purchase

834

1.7495

Ordinary

Purchase

2,643

1.7525

Ordinary

Purchase

755

1.7505

Ordinary

Purchase

532

1.7505

Ordinary

Purchase

1,323

1.7505

Ordinary

Purchase

2,363

1.7605

Ordinary

Purchase

8,496

1.758

Ordinary

Purchase

4,914

1.7515

Ordinary

Purchase

2,683

1.7515

Ordinary

Purchase

3,629

1.7505

Ordinary

Purchase

3,828

1.751

Ordinary

Purchase

2,276

1.7535

Ordinary

Purchase

1,694

1.7535

Ordinary

Purchase

4,492

1.772

Ordinary

Purchase

3,710

1.7535

Ordinary

Purchase

2,000

1.7535

Ordinary

Purchase

5,112

1.7505

Ordinary

Purchase

701

1.7535

Ordinary

Purchase

2,610

1.7505

Ordinary

Purchase

2,610

1.7505

Ordinary

Purchase

2,685

1.75

Ordinary

Purchase

2,211

1.762

Ordinary

Purchase

2,058

1.762

Ordinary

Purchase

3,272

1.757

Ordinary

Purchase

2,421

1.7565

Ordinary

Purchase

5

1.758

Ordinary

Purchase

4,200

1.77

Ordinary

Purchase

2,600

1.759

Ordinary

Purchase

2,601

1.759

Ordinary

Purchase

4,087

1.7485

Ordinary

Purchase

4,365

1.749

Ordinary

Purchase

2,641

1.7605

Ordinary

Purchase

2,658

1.7595

Ordinary

Purchase

2,155

1.7595

Ordinary

Purchase

2,641

1.76

Ordinary

Purchase

2,145

1.7625

Ordinary

Purchase

2,082

1.761

Ordinary

Purchase

2,188

1.761

Ordinary

Purchase

2,094

1.7605

Ordinary

Purchase

2,300

1.7615

Ordinary

Purchase

2,134

1.762

Ordinary

Purchase

926

1.761

Ordinary

Purchase

847

1.761

Ordinary

Purchase

402

1.761

Ordinary

Purchase

576

1.761

Ordinary

Purchase

2,199

1.7615

Ordinary

Purchase

2,083

1.7605

Ordinary

Purchase

3,395

1.7465

Ordinary

Purchase

523

1.751

Ordinary

Purchase

4,000

1.751

Ordinary

Purchase

3,477

1.751

Ordinary

Purchase

992

1.7695

Ordinary

Purchase

100

1.7695

Ordinary

Purchase

1,082

1.7695

Ordinary

Purchase

2,604

1.769

Ordinary

Purchase

531

1.778983

Ordinary

Sale

3,874

1.7695

Ordinary

Sale

1,854

1.7695

Ordinary

Sale

1,718

1.7695

Ordinary

Sale

3,436

1.7695

Ordinary

Sale

1,719

1.7695

Ordinary

Sale

599

1.7695

Ordinary

Sale

952

1.7695

Ordinary

Sale

4,324

1.7605

Ordinary

Sale

1,717

1.7615

Ordinary

Sale

283

1.7615

Ordinary

Sale

2,694

1.76

Ordinary

Sale

9,229

1.7615

Ordinary

Sale

3,747

1.7725

Ordinary

Sale

2,000

1.7725

Ordinary

Sale

1,305

1.7725

Ordinary

Sale

1,144

1.7725

Ordinary

Sale

1,100

1.7725

Ordinary

Sale

2,292

1.7725

Ordinary

Sale

1,113

1.7725

Ordinary

Sale

3,933

1.771

Ordinary

Sale

4,530

1.7595

Ordinary

Sale

9,229

1.7615

Ordinary

Sale

5,200

1.7605

Ordinary

Sale

1,611

1.7695

Ordinary

Sale

4,199

1.749

Ordinary

Sale

4,308

1.7695

Ordinary

Sale

41,485

1.7695

Ordinary

Sale

23,107

1.7695

Ordinary

Sale

6,278

1.76

Ordinary

Sale

1,441

1.76

Ordinary

Sale

1,208

1.76

Ordinary

Sale

101

1.7605

Ordinary

Sale

2,500

1.76

Ordinary

Sale

2,488

1.76

Ordinary

Sale

7,651

1.7525

Ordinary

Sale

2,609

1.755

Ordinary

Sale

7,971

1.75

Ordinary

Sale

7,089

1.75

Ordinary

Sale

7,966

1.749

Ordinary

Sale

7,968

1.7495

Ordinary

Sale

7,617

1.7535

Ordinary

Sale

7,679

1.754

Ordinary

Sale

2,986

1.761

Ordinary

Sale

1,809

1.761

Ordinary

Sale

4,619

1.7605

Ordinary

Sale

4,600

1.762

Ordinary

Sale

7,540

1.7545

Ordinary

Sale

298

1.7565

Ordinary

Sale

1,507

1.7565

Ordinary

Sale

1,507

1.7565

Ordinary

Sale

1,507

1.7565

Ordinary

Sale

313

1.7565

Ordinary

Sale

639

1.7565

Ordinary

Sale

3,800

1.757

Ordinary

Sale

1,772

1.757

Ordinary

Sale

3,800

1.7595

Ordinary

Sale

230

1.7595

Ordinary

Sale

1,507

1.7595

Ordinary

Sale

882

1.7595

Ordinary

Sale

3,470

1.7605

Ordinary

Sale

5,214

1.75

Ordinary

Sale

2,501

1.7595

Ordinary

Sale

5,984

1.7595

Ordinary

Sale

3,078

1.7605

Ordinary

Sale

1

1.7615

Ordinary

Sale

1,499

1.7615

Ordinary

Sale

1,300

1.7595

Ordinary

Sale

270

1.7655

Ordinary

Sale

1,602

1.7655

Ordinary

Sale

1,431

1.7655

Ordinary

Sale

1,549

1.7675

Ordinary

Sale

1,129

1.7595

Ordinary

Sale

2,268

1.7595

Ordinary

Sale

387

1.762

Ordinary

Sale

2,057

1.768

Ordinary

Sale

5,791

1.7695

Ordinary

Sale

1,201

1.767

Ordinary

Sale

1,667

1.763

Ordinary

Sale

408

1.7635

Ordinary

Sale

409

1.7645

Ordinary

Sale

1,643

1.7675

Ordinary

Sale

1,653

1.763

Ordinary

Sale

815

1.763

Ordinary

Sale

1,982

1.762

Ordinary

Sale

606

1.7655

Ordinary

Sale

1,099

1.7655

Ordinary

Sale

6,958

1.7505

Ordinary

Sale

12,995

1.7565

Ordinary

Sale

2,779

1.7695

Ordinary

Sale

531

1.7555


Total Purchases

349,154



Total Sales

326,861


 

                                                                                                      

(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:

22/08/2017
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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