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Man Group PLC : Form 8.3 - [Tesco plc]

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By GlobeNewswire

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: Man Group Plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
                                                                    
N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
                                                                    
Tesco plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
(e) Date position held/dealing undertaken:
                                                                    
03rd November 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?
    
YES / NO / N/A
If YES, specify which:

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

 
5p ordinary
 

 
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 24,602,501

 
0.3004

 
0 0
(2) Cash-settled derivatives:

 
 

36,368,865

 

 
 

0.4441

 
 

24,124,246

 
 

0.2946

 
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 25,023,000

 
0.3055

 
10,009,000

 
0.1222

 
 

     TOTAL:
85,994,366

 
1.0500

 
34,133,246

 
0.4168

 

 

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
5p ordinary Purchase 6,800 1.7941
5p ordinary Purchase 49,200 1.7941
5p ordinary Purchase 9,300 1.7941
5p ordinary Purchase 13,600 1.7941
5p ordinary Purchase 82,700 1.7941
5p ordinary Purchase 9,700 1.7941
5p ordinary Purchase 59,200 1.7941
5p ordinary Purchase 114,600 1.7941
5p ordinary Purchase 28,700 1.7941
5p ordinary Purchase 25,000 1.7941
5p ordinary Purchase 66,600 1.7941
5p ordinary Purchase 42,700 1.7941
5p ordinary Purchase 16,100 1.7941
5p ordinary Purchase 43,200 1.7941
5p ordinary Purchase 13,900 1.7941
5p ordinary Purchase 5,100 1.7941

(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)
5p ordinary CFD Increasing a short position 3,939 1.7965
5p ordinary CFD Increasing a short position 103,427 1.7965
5p ordinary CFD Increasing a short position 313 1.7965
5p ordinary CFD Increasing a short position 254 1.7965
5p ordinary CFD Increasing a short position 6,079 1.7965
5p ordinary CFD Increasing a short position 5,306 1.7965
5p ordinary CFD Increasing a short position 14,029 1.7965
5p ordinary CFD Increasing a short position 200 1.7965
5p ordinary CFD Increasing a short position 3,952 1.7965
5p ordinary CFD Increasing a short position 2,104 1.7965
5p ordinary CFD Increasing a short position 532 1.7965
5p ordinary CFD Increasing a short position 904 1.7965
5p ordinary CFD Increasing a long position 86,560 1.7965
5p ordinary CFD Increasing a short position 2,946 1.7965
5p ordinary CFD Reducing a long position 29,212 1.7965
5p ordinary CFD Reducing a long position 38,743 1.7965
5p ordinary CFD Reducing a long position 52,175 1.7965
5p ordinary CFD Reducing a long position 54,326 1.7965
5p ordinary CFD Reducing a long position 32,242 1.7965
5p ordinary CFD Reducing a long position 170,186 1.7965
5p ordinary CFD Reducing a long position 15,747 1.7965
5p ordinary CFD Reducing a long position 83,116 1.7965
5p ordinary CFD Opening a long position 63,900 1.7965
5p ordinary CFD Increasing a long position 39,249 1.7965
5p ordinary CFD Reducing a long position 24,035 1.7965
5p ordinary CFD Reducing a long position 126,863 1.7965
5p ordinary CFD Reducing a long position 41,775 1.7965
5p ordinary CFD Reducing a long position 220,490 1.7965
5p ordinary CFD Increasing a long position 68,070 1.7965
5p ordinary CFD Increasing a long position 8,377 1.7965
5p ordinary CFD Reducing a long position 5,179 1.7965
5p ordinary CFD Reducing a long position 27,342 1.7965
5p ordinary CFD Reducing a long position 7,507 1.7965
5p ordinary CFD Reducing a long position 39,630 1.7965
5p ordinary CFD Increasing a long position 12,260 1.7965
5p ordinary CFD Reducing a long position 6,546 1.7965
5p ordinary CFD Reducing a long position 34,556 1.7965
5p ordinary CFD Reducing a long position 2,177 1.7965
5p ordinary CFD Reducing a long position 11,493 1.7965
5p ordinary CFD Reducing a long position 3,580 1.7965
5p ordinary CFD Reducing a long position 113,442 1.7965
5p ordinary CFD Increasing a long position 11,233 1.7965
5p ordinary CFD Reducing a long position 6,881 1.7965
5p ordinary CFD Reducing a long position 36,324 1.7965
5p ordinary CFD Increasing a long position 8,069 1.7965

(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

(ii)        Exercise

Class of relevant security Product description
e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit
         

 

(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)
       

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"
 

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"
 

None

 

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached? YES/NO

Date of disclosure:
06th November 2017
Contact name:
Matthew Irwin

 
Telephone number:
02071447255

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  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: Man Group Plc
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 Type
e.g. American, European etc.
Expiry date
Call Option Purchased 1,654.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 806.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 1,290.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 2,062.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 2,237.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 3,579.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 278.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 445.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 402.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 644.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 347.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 115.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 186.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 371.00 1.95 American 19/01/2018 Call Option
Call Option Purchased 598.00 1.95 American 19/01/2018 Call Option
Put Option Purchased 2,747.00 1.7 American 17/11/2017 Put Option
Put Option Purchased 4,769.00 1.7 American 17/11/2017 Put Option
Put Option Purchased 592.00 1.7 American 17/11/2017 Put Option
Put Option Purchased 858.00 1.7 American 17/11/2017 Put Option
Put Option Purchased 247.00 1.7 American 17/11/2017 Put Option
Put Option Purchased 796.00 1.7 American 17/11/2017 Put Option
Put Option Written 2,747.00 1.8 American 17/11/2017 Put Option
Put Option Written 4,769.00 1.8 American 17/11/2017 Put Option
Put Option Written 592.00 1.8 American 17/11/2017 Put Option
Put Option Written 858.00 1.8 American 17/11/2017 Put Option
Put Option Written 247.00 1.8 American 17/11/2017 Put Option
Put Option Written 796.00 1.8 American 17/11/2017 Put Option

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 announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Man Group PLC via Globenewswire

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