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Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 2275Q
Societe Generale SA
08 September 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

07/09/2017

(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: 32,518,393 Shares Interests and 29,250,012 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:

32,519,893

0.40

29,250,012

0.36

(2) Cash-settled derivatives:

 

28,438,425

0.35

1,719,210

0.02

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

9,940,000

0.12

16,859,000

0.21

 

     TOTAL:

70,898,318

0.87

47,828,222

0.58

 

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

600

1.863

Ordinary

Purchase

1,400

1.863

Ordinary

Purchase

390

1.863

Ordinary

Purchase

10

1.863

Ordinary

Purchase

1,773

1.863

Ordinary

Purchase

37

1.863

Ordinary

Purchase

100

1.8635

Ordinary

Purchase

334

1.8625

Ordinary

Purchase

1,268

1.8625

Ordinary

Purchase

864

1.8625

Ordinary

Purchase

331

1.8635

Ordinary

Purchase

2,466

1.8625

Ordinary

Purchase

1,177

1.8625

Ordinary

Purchase

1,283

1.8625

Ordinary

Purchase

2,389

1.8625

Ordinary

Purchase

76

1.8625

Ordinary

Purchase

2,235

1.863

Ordinary

Purchase

231

1.863

Ordinary

Purchase

130

1.863

Ordinary

Purchase

100

1.8635

Ordinary

Purchase

100

1.8635

Ordinary

Purchase

1,174

1.86275

Ordinary

Purchase

100

1.8635

Ordinary

Purchase

100

1.8635

Ordinary

Purchase

2,065

1.8635

Ordinary

Purchase

100

1.863

Ordinary

Purchase

100

1.863

Ordinary

Purchase

100

1.863

Ordinary

Purchase

100

1.863

Ordinary

Purchase

2,464

1.863

Ordinary

Purchase

100

1.863

Ordinary

Purchase

300

1.863

Ordinary

Purchase

1,991

1.859

Ordinary

Purchase

6,333

1.8645

Ordinary

Purchase

6,333

1.8645

Ordinary

Purchase

6,021

1.8645

Ordinary

Purchase

6,680

1.8645

Ordinary

Purchase

2,457

1.8625

Ordinary

Purchase

124

1.863

Ordinary

Purchase

489

1.86275

Ordinary

Purchase

155

1.8645

Ordinary

Purchase

1,739

1.8645

Ordinary

Purchase

15,834

1.8645

Ordinary

Purchase

15,834

1.8645

Ordinary

Purchase

4,846

1.8635

Ordinary

Purchase

4,836

1.863

Ordinary

Purchase

4,877

1.8625

Ordinary

Purchase

4,441

1.863

Ordinary

Purchase

2,460

1.8635

Ordinary

Purchase

4,698

1.8615

Ordinary

Purchase

1,203

1.864

Ordinary

Purchase

1,395

1.8625

Ordinary

Purchase

3,175

1.8625

Ordinary

Purchase

7,740

1.864

Ordinary

Purchase

2,279

1.864

Ordinary

Purchase

2,258

1.864

Ordinary

Purchase

2,220

1.864

Ordinary

Purchase

587

1.864

Ordinary

Purchase

3,391

1.8585

Ordinary

Purchase

4,445

1.8645

Ordinary

Purchase

4,852

1.8635

Ordinary

Purchase

2,088

1.864

Ordinary

Purchase

7,364

1.864

Ordinary

Purchase

5,192

1.864

Ordinary

Purchase

2,246

1.8625

Ordinary

Purchase

3,750

1.8635

Ordinary

Purchase

3,800

1.8635

Ordinary

Purchase

2,469

1.8635

Ordinary

Purchase

206,146

1.8645

Ordinary

Purchase

2,488

1.863

Ordinary

Purchase

2,983

1.863

Ordinary

Purchase

1,003

1.8635

Ordinary

Purchase

2,983

1.8635

Ordinary

Purchase

3,611

1.863

Ordinary

Purchase

1,742

1.8525

Ordinary

Purchase

1,000

1.8525

Ordinary

Purchase

2,500

1.852

Ordinary

Purchase

1,405

1.8525

Ordinary

Purchase

500

1.8525

Ordinary

Purchase

2,500

1.8525

Ordinary

Purchase

1,351

1.853

Ordinary

Purchase

700

1.852

Ordinary

Purchase

1,405

1.852

Ordinary

Purchase

3,745

1.8525

Ordinary

Purchase

3,598

1.8525

Ordinary

Purchase

2,060

1.853

Ordinary

Purchase

2,081

1.853

Ordinary

Purchase

92

1.8515

Ordinary

Purchase

2,852

1.8515

Ordinary

Purchase

2,040

1.86

Ordinary

Purchase

453

1.8635

Ordinary

Purchase

1,272

1.8635

Ordinary

Purchase

2,000

1.8635

Ordinary

Purchase

1,402

1.864

Ordinary

Purchase

3,750

1.864

Ordinary

Purchase

3,691

1.864

Ordinary

Purchase

688

1.864

Ordinary

Purchase

834

1.864

Ordinary

Purchase

1,332

1.864

Ordinary

Purchase

3,578

1.864

Ordinary

Purchase

100

1.863

Ordinary

Purchase

18

1.863

Ordinary

Purchase

820

1.863

Ordinary

Sale

280

1.8535

Ordinary

Sale

150

1.853

Ordinary

Sale

150

1.853

Ordinary

Sale

1

1.8515

Ordinary

Sale

4,577

1.8645

Ordinary

Sale

2,726

1.8645

Ordinary

Sale

1,526

1.8645

Ordinary

Sale

3,051

1.8645

Ordinary

Sale

1,526

1.8645

Ordinary

Sale

762

1.8645

Ordinary

Sale

6,680

1.8645

Ordinary

Sale

155

1.8645

Ordinary

Sale

8,451

1.8645

Ordinary

Sale

250

1.8625

Ordinary

Sale

657

1.8625

Ordinary

Sale

437

1.8625

Ordinary

Sale

579

1.8625

Ordinary

Sale

193

1.8625

Ordinary

Sale

250

1.8625

Ordinary

Sale

263

1.8625

Ordinary

Sale

250

1.8625

Ordinary

Sale

288

1.8625

Ordinary

Sale

1,989

1.8585

Ordinary

Sale

1,178

1.8585

Ordinary

Sale

1,066

1.8585

Ordinary

Sale

2,101

1.8585

Ordinary

Sale

3,167

1.8585

Ordinary

Sale

3,167

1.8585

Ordinary

Sale

3,167

1.8585

Ordinary

Sale

1,118

1.8565

Ordinary

Sale

1,127

1.8565

Ordinary

Sale

2,070

1.8565

Ordinary

Sale

1,530

1.8545

Ordinary

Sale

4,080

1.8545

Ordinary

Sale

1,520

1.8545

Ordinary

Sale

5,369

1.855

Ordinary

Sale

6,670

1.8545

Ordinary

Sale

6,161

1.86

Ordinary

Sale

3,050

1.857

Ordinary

Sale

4,305

1.857

Ordinary

Sale

5,000

1.859

Ordinary

Sale

4,044

1.857

Ordinary

Sale

18

1.855

Ordinary

Sale

4,044

1.857

Ordinary

Sale

5,307

1.8545

Ordinary

Sale

5,901

1.85

Ordinary

Sale

1,300

1.85

Ordinary

Sale

1,734

1.85

Ordinary

Sale

1,734

1.85

Ordinary

Sale

3,934

1.85

Ordinary

Sale

639

1.85

Ordinary

Sale

5,000

1.859

Ordinary

Sale

5,000

1.859

Ordinary

Sale

150

1.853

Ordinary

Sale

23

1.853

Ordinary

Sale

64

1.853

Ordinary

Sale

263

1.8515

Ordinary

Sale

426

1.852

Ordinary

Sale

6,968

1.85975

Ordinary

Sale

120

1.857

Ordinary

Sale

4,879

1.857

Ordinary

Sale

1,962

1.864

Ordinary

Sale

15,980

1.8645


Total Purchases

443,322



Total Sales

160,527


 

                                                                                                      

(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:

08/09/2017
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

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 Call Option

Sale

2,000,000

1.850

American options

15/12/2017

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

Purchase

20,000

1.400

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

10,000

1.400

American options

21/09/2018

Ordinary Shares

Listed Put Option

Sale

2,250,000

1

American options

18/09/2020

Ordinary Shares

Listed Put Option

Sale

2,750,000

1.800

American options

21/12/2018

Ordinary Shares

Listed Put Option

Sale

1,000,000

1.700

American options

15/12/2017

Ordinary Shares

Listed Put Option

Sale

1,000,000

1.850

American options

15/12/2017

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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