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Company Announcements

Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 6364V
Societe Generale SA
06 November 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

03/11/2017

(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: 16,252,815 Shares Interests and 23,493,005                                                           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:

16,254,315

0.20

23,493,005

0.29

(2) Cash-settled derivatives:

 

21,017,150

0.26

1,717,600

0.02

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

11,000,000

0.13

14,953,000

0.18

 

     TOTAL:

48,271,465

0.59

40,163,605

0.49

 

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

30,267

1.791

Ordinary

Purchase

2,171

1.791

Ordinary

Purchase

1,971

1.791

Ordinary

Purchase

1,493

1.7935

Ordinary

Purchase

549

1.7935

Ordinary

Purchase

1,919

1.7935

Ordinary

Purchase

353

1.7935

Ordinary

Purchase

1,400

1.7965

Ordinary

Purchase

3,511

1.797

Ordinary

Purchase

1,170

1.7965

Ordinary

Purchase

2,359

1.7965

Ordinary

Purchase

2,546

1.7935

Ordinary

Purchase

1,547

1.7935

Ordinary

Purchase

298

1.7935

Ordinary

Purchase

4,432

1.7935

Ordinary

Purchase

1,145

1.7935

Ordinary

Purchase

2,548

1.7975

Ordinary

Purchase

2,497

1.799

Ordinary

Purchase

270

1.7935

Ordinary

Purchase

97

1.7935

Ordinary

Purchase

1,007

1.7935

Ordinary

Purchase

8,964

1.7935

Ordinary

Purchase

5,240

1.7935

Ordinary

Purchase

993

1.7935

Ordinary

Purchase

3,711

1.7965

Ordinary

Purchase

4,849

1.793

Ordinary

Purchase

1,022

1.7975

Ordinary

Purchase

1,458

1.7975

Ordinary

Purchase

4,499

1.7975

Ordinary

Purchase

2,475

1.795

Ordinary

Purchase

4,947

1.795

Ordinary

Purchase

2,481

1.798

Ordinary

Purchase

1,940

1.798

Ordinary

Purchase

2,659

1.798

Ordinary

Purchase

4,765

1.792

Ordinary

Purchase

2,481

1.7975

Ordinary

Purchase

4,806

1.7955

Ordinary

Purchase

1,681

1.7965

Ordinary

Purchase

2,482

1.7965

Ordinary

Purchase

241

1.7975

Ordinary

Purchase

2,481

1.797

Ordinary

Purchase

4,021

1.7995

Ordinary

Purchase

3,074

1.799

Ordinary

Purchase

2,480

1.799

Ordinary

Purchase

364

1.7935

Ordinary

Purchase

861

1.7935

Ordinary

Purchase

512

1.7935

Ordinary

Purchase

1,673

1.7935

Ordinary

Purchase

2,479

1.7985

Ordinary

Purchase

2,480

1.799

Ordinary

Purchase

802

1.7965

Ordinary

Purchase

4,624

1.791

Ordinary

Purchase

4,820

1.794

Ordinary

Purchase

2,933

1.7965

Ordinary

Purchase

438

1.7955

Ordinary

Purchase

1,274

1.7955

Ordinary

Purchase

3,062

1.7955

Ordinary

Purchase

2,407

1.7895

Ordinary

Purchase

2,221

1.7895

Ordinary

Purchase

767

1.7925

Ordinary

Purchase

4,797

1.7925

Ordinary

Purchase

2,483

1.7975

Ordinary

Purchase

4,875

1.796

Ordinary

Purchase

904

1.7955

Ordinary

Purchase

4,476

1.796

Ordinary

Purchase

2,926

1.794

Ordinary

Purchase

1,578

1.7955

Ordinary

Purchase

3,063

1.7965

Ordinary

Purchase

438

1.793

Ordinary

Purchase

2,039

1.793

Ordinary

Purchase

2,481

1.7995

Ordinary

Purchase

3,877

1.7965

Ordinary

Purchase

1,005

1.7962488

Ordinary

Purchase

3,916

1.791

Ordinary

Purchase

1,958

1.791

Ordinary

Purchase

2,567

1.791

Ordinary

Purchase

3,915

1.791

Ordinary

Purchase

1,957

1.791

Ordinary

Purchase

3,916

1.791

Ordinary

Purchase

3,915

1.791

Ordinary

Purchase

1,005

1.7965

Ordinary

Purchase

1,005

1.79625

Ordinary

Purchase

77,770

1.794701

Ordinary

Purchase

344,400

1.794425

Ordinary

Sale

3,597

1.7955

Ordinary

Sale

2,277

1.7955

Ordinary

Sale

2,998

1.796

Ordinary

Sale

2,538

1.7965

Ordinary

Sale

804

1.794

Ordinary

Sale

1,750

1.788

Ordinary

Sale

1,750

1.796

Ordinary

Sale

209,467

1.791

Ordinary

Sale

25,804

1.791

Ordinary

Sale

1,123

1.7935

Ordinary

Sale

8,964

1.7935

Ordinary

Sale

2,660

1.795

Ordinary

Sale

822

1.795

Ordinary

Sale

3,106

1.794

Ordinary

Sale

1,622

1.794

Ordinary

Sale

2,610

1.794

Ordinary

Sale

2,873

1.794

Ordinary

Sale

6,273

1.791

Ordinary

Sale

5,793

1.791

Ordinary

Sale

25,804

1.791

Ordinary

Sale

1,073

1.791

Ordinary

Sale

19,680

1.791

Ordinary

Sale

7,085

1.791

Ordinary

Sale

530

1.794

Ordinary

Sale

1,222

1.794

Ordinary

Sale

1,976

1.7935

Ordinary

Sale

2,405

1.7935

Ordinary

Sale

400

1.794

Ordinary

Sale

815

1.793

Ordinary

Sale

1,976

1.7935

Ordinary

Sale

2,000

1.7935

Ordinary

Sale

1,085

1.793

Ordinary

Sale

1,394

1.794

Ordinary

Sale

12,254

1.791

Ordinary

Sale

1,652

1.794

Ordinary

Sale

724

1.793

Ordinary

Sale

1,636

1.794

Ordinary

Sale

4,793

1.793

Ordinary

Sale

455

1.793

Ordinary

Sale

18,050

1.791

Ordinary

Sale

1,371

1.7935

Ordinary

Sale

1,750

1.7995

Ordinary

Sale

19

1.794

Ordinary

Sale

1,729

1.794

Ordinary

Sale

1,925

1.795

Ordinary

Sale

1,347

1.795

Ordinary

Sale

106

1.795

Ordinary

Sale

344

1.794

Ordinary

Sale

2,143

1.794

Ordinary

Sale

870

1.793

Ordinary

Sale

1,160,000

1.8

Ordinary

Sale

55

1.793

Ordinary

Sale

734

1.796

Ordinary

Sale

2,487

1.789

Ordinary

Sale

2,583

1.796

Ordinary

Sale

2,478

1.794

Ordinary

Sale

4,519

1.797

Ordinary

Sale

306

1.796

Ordinary

Sale

2,582

1.794

Ordinary

Sale

2,785

1.7935

Ordinary

Sale

235

1.794

Ordinary

Sale

2,314

1.794

Ordinary

Sale

1,160

1.794

Ordinary

Sale

5,660

1.7945

Ordinary

Sale

3,263

1.796

Ordinary

Sale

2,479

1.7935

Ordinary

Sale

2,942

1.7965

Ordinary

Sale

4,490

1.7935

Ordinary

Sale

541

1.7935

Ordinary

Sale

2,485

1.791

Ordinary

Sale

2,484

1.791

Ordinary

Sale

2,491

1.7875

Ordinary

Sale

1,646

1.795

Ordinary

Sale

1,551

1.795

Ordinary

Sale

3,001

1.7935

Ordinary

Sale

2,845

1.794

Ordinary

Sale

2,473

1.7975

Ordinary

Sale

2,483

1.7915

Ordinary

Sale

2,553

1.792

Ordinary

Sale

1,010

1.7975

Ordinary

Sale

2,474

1.7965

Ordinary

Sale

2,466

1.795

Ordinary

Sale

864

1.7945

Ordinary

Sale

2,476

1.794

Ordinary

Sale

2,505

1.795

Ordinary

Sale

12

1.795

Ordinary

Sale

2,486

1.79

Ordinary

Sale

1,584

1.795

Ordinary

Sale

891

1.795

Ordinary

Sale

911

1.7885

Ordinary

Sale

925

1.7945

Ordinary

Sale

2,632

1.7945

Ordinary

Sale

2,491

1.7885

Ordinary

Sale

2,484

1.79

Ordinary

Sale

2,556

1.7905

Ordinary

Sale

2,492

1.7875

Ordinary

Sale

2,475

1.795

Ordinary

Sale

2,475

1.795

Ordinary

Sale

2,632

1.796

Ordinary

Sale

984

1.789

Ordinary

Sale

4,605

1.796

Ordinary

Sale

4,497

1.796

Ordinary

Sale

2,552

1.792

Ordinary

Sale

2,940

1.7925

Ordinary

Sale

1,506

1.789

Ordinary

Sale

2,336

1.792

Ordinary

Sale

4,210

1.792

Ordinary

Sale

781

1.79

Ordinary

Sale

2,474

1.795

Ordinary

Sale

875

1.79

Ordinary

Sale

829

1.79

Ordinary

Sale

599

1.789

Ordinary

Sale

723

1.789

Ordinary

Sale

2,559

1.79

Ordinary

Sale

1,888

1.789

Ordinary

Sale

917

1.7885

Ordinary

Sale

900

1.7935

Ordinary

Sale

1,583

1.7935

Ordinary

Sale

2,475

1.795

Ordinary

Sale

1,881

1.7915

Ordinary

Sale

598

1.7915

Ordinary

Sale

820

1.7885

Ordinary

Sale

2,475

1.7955

Ordinary

Sale

751

1.7885

Ordinary

Sale

842

1.789

Ordinary

Sale

1,576

1.7885

Ordinary

Sale

913

1.7885

Ordinary

Sale

1,716

1.796

Ordinary

Sale

912

1.796

Ordinary

Sale

1,000

1.789

Ordinary

Sale

1,488

1.789

Ordinary

Sale

536

1.7885

Ordinary

Sale

2,036

1.795

Ordinary

Sale

754

1.7885

Ordinary

Sale

519

1.7885

Ordinary

Sale

1,954

1.7885

Ordinary

Sale

1,216

1.7885

Ordinary

Sale

2,482

1.7935

Ordinary

Sale

2,475

1.795

Ordinary

Sale

2,057

1.7935

Ordinary

Sale

441

1.795

Ordinary

Sale

426

1.7935

Ordinary

Sale

813

1.7935

Ordinary

Sale

784

1.797

Ordinary

Sale

3,436

1.7965

Ordinary

Sale

446

1.7965

Ordinary

Sale

1,669

1.7935

Ordinary

Sale

2,484

1.7925

Ordinary

Sale

2,482

1.793

Ordinary

Sale

1,881

1.7935

Ordinary

Sale

3,099

1.7965

Ordinary

Sale

2,489

1.7885

Ordinary

Sale

2,478

1.794

Ordinary

Sale

3,369

1.7925

Ordinary

Sale

4,199

1.7945

Ordinary

Sale

3,306

1.7935

Ordinary

Sale

2,553

1.794

Ordinary

Sale

2,475

1.796

Ordinary

Sale

3,290

1.793

Ordinary

Sale

3,000

1.793

Ordinary

Sale

2,488

1.789

Ordinary

Sale

2,488

1.7885

Ordinary

Sale

2,476

1.795

Ordinary

Sale

839

1.7945

Ordinary

Sale

960

1.7935

Ordinary

Sale

1,519

1.7935

Ordinary

Sale

6,315

1.7945

Ordinary

Sale

2,476

1.795

Ordinary

Sale

958

1.793

Ordinary

Sale

784

1.793

Ordinary

Sale

2,484

1.791

Ordinary

Sale

1,668

1.795

Ordinary

Sale

882

1.795

Ordinary

Sale

2,483

1.7915

Ordinary

Sale

2,484

1.791

Ordinary

Sale

1,772

1.7925

Ordinary

Sale

781

1.7925

Ordinary

Sale

1,643

1.7925

Ordinary

Sale

835

1.7925

Ordinary

Sale

1,554

1.789

Ordinary

Sale

934

1.789

Ordinary

Sale

2,480

1.7915

Ordinary

Sale

1,296

1.793

Ordinary

Sale

2,480

1.7915

Ordinary

Sale

4,426

1.792

Ordinary

Sale

2,479

1.7925

Ordinary

Sale

904

1.7945

Ordinary

Sale

2,901

1.7945

Ordinary

Sale

2,805

1.7945

Ordinary

Sale

3,057

1.7975

Ordinary

Sale

2,171

1.791

Ordinary

Sale

111

1.795

Ordinary

Sale

2,494

1.796

Ordinary

Sale

1,841

1.796

Ordinary

Sale

651

1.796

Ordinary

Sale

2,487

1.794

Ordinary

Sale

504

1.7955

Ordinary

Sale

1,790

1.796

Ordinary

Sale

2,994

1.7965

Ordinary

Sale

1,817

1.7925

Ordinary

Sale

72

1.793

Ordinary

Sale

2,805

1.791

Ordinary

Sale

1,971

1.791

Ordinary

Sale

117

1.795

Ordinary

Sale

2,492

1.795

Ordinary

Sale

477

1.796

Ordinary

Sale

2,016

1.796

Ordinary

Sale

1,658

1.796

Ordinary

Sale

834

1.796

Ordinary

Sale

1,827

1.796

Ordinary

Sale

664

1.796

Ordinary

Sale

2,492

1.7955

Ordinary

Sale

331

1.794

Ordinary

Sale

2,170

1.794

Ordinary

Sale

446

1.7935

Ordinary

Sale

2,044

1.7935

Ordinary

Sale

251

1.791

Ordinary

Sale

12,970

1.791

Ordinary

Sale

4,751

1.791

Ordinary

Sale

49,684

1.791

Ordinary

Sale

475,133

1.794

Ordinary

Sale

344,400

1.794425


Total Purchases

650,283



Total Sales

2,772,380


 

                                               

(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

Ordinary

Listed put-option

Selling

4,000,000

1.600

American

21/09/18

0.0925

 

(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:

06/11/2017
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 Call Option

Sale

1,000,000

1.90

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

40,000

1.400

American options

21/12/2018

Ordinary Shares

Listed Put Option

Purchase

24,000

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

Listed Put Option

Sale

4,000,000

1.600

American options

21/09/2018

 

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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