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Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 5900X
Societe Generale SA
27 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

24/11/2017

(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: 12,434,478 Shares Interests and 24,369,387                                                           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:

12,435,978

0.15

24,369,387

0.30

(2) Cash-settled derivatives:

 

18,360,939

0.22

1,717,600

0.02

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

17,000,000

0.21

14,953,000

0.18

 

     TOTAL:

47,796,917

0.58

41,039,987

0.50

 

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

1,147

1.9355

Ordinary

Purchase

7,076

1.9355

Ordinary

Purchase

543

1.9445

Ordinary

Purchase

866

1.9425

Ordinary

Purchase

3,850

1.935

Ordinary

Purchase

1,286

1.9425

Ordinary

Purchase

1,750

1.9425

Ordinary

Purchase

1,361

1.9425

Ordinary

Purchase

1,750

1.9445

Ordinary

Purchase

1,147

1.944

Ordinary

Purchase

1,214

1.944

Ordinary

Purchase

4,580

1.939

Ordinary

Purchase

1,687

1.938

Ordinary

Purchase

2,000

1.938

Ordinary

Purchase

1,046

1.9425

Ordinary

Purchase

1,335

1.9425

Ordinary

Purchase

1,376

1.9425

Ordinary

Purchase

1,663

1.9425

Ordinary

Purchase

2,348

1.9345

Ordinary

Purchase

3,762

1.926

Ordinary

Purchase

5,643

1.926

Ordinary

Purchase

3,762

1.926

Ordinary

Purchase

3,762

1.926

Ordinary

Purchase

3,762

1.926

Ordinary

Purchase

7,524

1.926

Ordinary

Purchase

2,663

1.926

Ordinary

Purchase

1,704

1.926

Ordinary

Purchase

4,470

1.926

Ordinary

Purchase

1,777

1.926

Ordinary

Purchase

4,043

1.926

Ordinary

Purchase

1,173

1.926

Ordinary

Purchase

3,762

1.926

Ordinary

Purchase

2,316

1.927

Ordinary

Purchase

2,301

1.936

Ordinary

Purchase

2,549

1.9355

Ordinary

Purchase

2,299

1.938

Ordinary

Purchase

2,238

1.9345

Ordinary

Purchase

2,297

1.9375

Ordinary

Purchase

2,317

1.9265

Ordinary

Purchase

2,299

1.938

Ordinary

Purchase

323

1.944

Ordinary

Purchase

2,294

1.941

Ordinary

Purchase

2,295

1.9405

Ordinary

Purchase

1,693

1.9405

Ordinary

Purchase

5,585

1.9375

Ordinary

Purchase

1,512

1.9435

Ordinary

Purchase

1,708

1.94

Ordinary

Purchase

641

1.9345

Ordinary

Purchase

1,720

1.9345

Ordinary

Purchase

2,296

1.939

Ordinary

Purchase

2,025

1.927

Ordinary

Purchase

1,387

1.927

Ordinary

Purchase

2,025

1.927

Ordinary

Purchase

799

1.9345

Ordinary

Purchase

1,504

1.9345

Ordinary

Purchase

2,000

1.9355

Ordinary

Purchase

2,413

1.9355

Ordinary

Purchase

1,054

1.939

Ordinary

Purchase

4,786

1.94

Ordinary

Purchase

2,295

1.94

Ordinary

Purchase

2,350

1.9435

Ordinary

Purchase

2,292

1.9435

Ordinary

Purchase

1,245

1.9435

Ordinary

Purchase

2,299

1.938

Ordinary

Purchase

101

1.9375

Ordinary

Purchase

2,258

1.9375

Ordinary

Purchase

2,298

1.9385

Ordinary

Purchase

2,294

1.9405

Ordinary

Purchase

2,298

1.9385

Ordinary

Purchase

2,296

1.9405

Ordinary

Purchase

6,827

1.9355

Ordinary

Purchase

2,294

1.941

Ordinary

Purchase

2,316

1.9285

Ordinary

Purchase

2,297

1.939

Ordinary

Purchase

1,800

1.941

Ordinary

Purchase

2,301

1.9365

Ordinary

Purchase

678

1.936

Ordinary

Purchase

1,623

1.936

Ordinary

Purchase

2,302

1.9355

Ordinary

Purchase

857

1.94

Ordinary

Purchase

1,049

1.94

Ordinary

Purchase

799

1.9405

Ordinary

Purchase

1,827

1.936

Ordinary

Purchase

475

1.936

Ordinary

Purchase

2,321

1.924

Ordinary

Purchase

4,491

1.939

Ordinary

Purchase

854

1.9355

Ordinary

Purchase

650

1.9355

Ordinary

Purchase

799

1.9355

Ordinary

Purchase

2,295

1.9415

Ordinary

Purchase

2,486

1.9345

Ordinary

Purchase

2,300

1.9365

Ordinary

Purchase

2,295

1.94

Ordinary

Purchase

50

1.937

Ordinary

Purchase

1,562

1.936

Ordinary

Purchase

1,629

1.9395

Ordinary

Purchase

666

1.9395

Ordinary

Purchase

2,295

1.939

Ordinary

Purchase

2,318

1.926

Ordinary

Purchase

2,304

1.934

Ordinary

Purchase

2,300

1.9375

Ordinary

Purchase

2,300

1.937

Ordinary

Purchase

2,298

1.939

Ordinary

Purchase

2,300

1.9375

Ordinary

Purchase

4,839

1.9385

Ordinary

Purchase

2,294

1.942

Ordinary

Purchase

2,315

1.9275

Ordinary

Purchase

2,302

1.935

Ordinary

Purchase

1,211

1.9405

Ordinary

Purchase

509

1.924

Ordinary

Purchase

2,302

1.935

Ordinary

Purchase

694

1.9375

Ordinary

Purchase

2,292

1.9405

Ordinary

Purchase

2,300

1.9375

Ordinary

Purchase

2,317

1.926

Ordinary

Purchase

1,536

1.937

Ordinary

Purchase

1,684

1.9375

Ordinary

Purchase

2,302

1.934

Ordinary

Purchase

2,321

1.9275

Ordinary

Purchase

2,290

1.944

Ordinary

Purchase

1,896

1.9405

Ordinary

Purchase

498

1.9435

Ordinary

Purchase

2,351

1.943

Ordinary

Purchase

1,676

1.938

Ordinary

Purchase

2,295

1.941

Ordinary

Purchase

4,709

1.938

Ordinary

Purchase

4,486

1.9375

Ordinary

Purchase

400

1.9405

Ordinary

Purchase

2,217

1.9405

Ordinary

Purchase

6,406

1.938

Ordinary

Purchase

2,315

1.928

Ordinary

Purchase

2,580

1.9275

Ordinary

Purchase

10,741

1.9275

Ordinary

Purchase

2,294

1.9405

Ordinary

Purchase

2,321

1.927

Ordinary

Purchase

2,292

1.9435

Ordinary

Purchase

2,300

1.9365

Ordinary

Purchase

2,321

1.925

Ordinary

Purchase

1,968

1.944

Ordinary

Purchase

2,296

1.939

Ordinary

Purchase

2,293

1.9415

Ordinary

Purchase

2,385

1.9345

Ordinary

Purchase

549

1.9435

Ordinary

Purchase

2,292

1.943

Ordinary

Purchase

2,293

1.9415

Ordinary

Purchase

493

1.941

Ordinary

Purchase

2,315

1.9415

Ordinary

Purchase

2,300

1.9375

Ordinary

Purchase

2,250

1.937

Ordinary

Purchase

2,360

1.941

Ordinary

Purchase

2,290

1.944

Ordinary

Purchase

2,314

1.9285

Ordinary

Purchase

2,421

1.9365

Ordinary

Purchase

799

1.936

Ordinary

Purchase

2,318

1.928

Ordinary

Purchase

2,265

1.935

Ordinary

Purchase

313

1.94

Ordinary

Purchase

1,204

1.9405

Ordinary

Purchase

1,088

1.9405

Ordinary

Purchase

5,146

1.94

Ordinary

Purchase

4,513

1.94

Ordinary

Purchase

2,318

1.928

Ordinary

Purchase

861

1.9275

Ordinary

Purchase

1,517

1.9275

Ordinary

Purchase

2,316

1.9285

Ordinary

Purchase

1,786

1.9405

Ordinary

Purchase

506

1.9405

Ordinary

Purchase

2,298

1.939

Ordinary

Purchase

2,000

1.9265

Ordinary

Purchase

830

1.9265

Ordinary

Purchase

415

1.9265

Ordinary

Purchase

633

1.94

Ordinary

Purchase

2,295

1.939

Ordinary

Purchase

2,559

1.938

Ordinary

Purchase

2,355

1.9385

Ordinary

Purchase

2,301

1.937

Ordinary

Purchase

1,900

1.9265

Ordinary

Purchase

1,660

1.9265

Ordinary

Purchase

588

1.94

Ordinary

Purchase

861

1.939

Ordinary

Purchase

102

1.935

Ordinary

Purchase

523

1.9395

Ordinary

Purchase

1,771

1.9395

Ordinary

Purchase

2,199

1.935

Ordinary

Purchase

2,316

1.9275

Ordinary

Purchase

764

1.937

Ordinary

Purchase

1,685

1.926

Ordinary

Purchase

1,385

1.9295

Ordinary

Purchase

444

1.9295

Ordinary

Purchase

1,674

1.929

Ordinary

Purchase

416

1.929

Ordinary

Purchase

1,008

1.9275

Ordinary

Purchase

532

1.9275

Ordinary

Purchase

1,386

1.9275

Ordinary

Purchase

1,063

1.9275

Ordinary

Purchase

1,876

1.9265

Ordinary

Purchase

1,385

1.9285

Ordinary

Purchase

3,494

1.926

Ordinary

Purchase

245

1.926

Ordinary

Purchase

2,912

1.926

Ordinary

Purchase

3,493

1.926

Ordinary

Purchase

308

1.926

Ordinary

Purchase

3,494

1.926

Ordinary

Purchase

3,494

1.926

Ordinary

Purchase

1,749

1.926

Ordinary

Purchase

1,744

1.926

Ordinary

Purchase

3,493

1.926

Ordinary

Purchase

3,248

1.926

Ordinary

Purchase

1,638

1.9265

Ordinary

Purchase

534

1.9265

Ordinary

Purchase

1,179

1.9265

Ordinary

Purchase

974

1.9275

Ordinary

Purchase

188

1.9275

Ordinary

Purchase

1,000

1.9275

Ordinary

Purchase

1,305

1.9275

Ordinary

Purchase

854

1.9275

Ordinary

Purchase

351

1.9265

Ordinary

Purchase

1,000

1.9265

Ordinary

Purchase

2,500

1.935

Ordinary

Purchase

2,000

1.93775

Ordinary

Purchase

15,838

1.926

Ordinary

Purchase

88,880

1.926

Ordinary

Sale

50

1.9305

Ordinary

Sale

17

1.9305

Ordinary

Sale

2

1.9305

Ordinary

Sale

5,543

1.926

Ordinary

Sale

18

1.9305

Ordinary

Sale

24

1.9305

Ordinary

Sale

4,524

1.926

Ordinary

Sale

4,473

1.9395

Ordinary

Sale

2,276

1.926

Ordinary

Sale

245

1.926

Ordinary

Sale

1,251

1.926

Ordinary

Sale

492

1.926

Ordinary

Sale

1,173

1.926

Ordinary

Sale

8,451

1.927

Ordinary

Sale

230

1.927

Ordinary

Sale

2,904

1.927

Ordinary

Sale

3,063

1.926

Ordinary

Sale

1,500

1.9332533

Ordinary

Sale

2,443

1.9305

Ordinary

Sale

2,643

1.931

Ordinary

Sale

770

1.9315

Ordinary

Sale

791

1.931

Ordinary

Sale

1,520

1.931

Ordinary

Sale

2,367

1.9335

Ordinary

Sale

2,449

1.934

Ordinary

Sale

2,303

1.9335

Ordinary

Sale

2,372

1.93

Ordinary

Sale

2,311

1.93

Ordinary

Sale

2,311

1.9305

Ordinary

Sale

2,340

1.9325

Ordinary

Sale

2,311

1.9305

Ordinary

Sale

2,372

1.93

Ordinary

Sale

2,311

1.9315

Ordinary

Sale

1,181

1.9325

Ordinary

Sale

1,908

1.9325

Ordinary

Sale

1,722

1.935

Ordinary

Sale

466

1.934

Ordinary

Sale

2,000

1.934

Ordinary

Sale

2,305

1.934

Ordinary

Sale

2,312

1.93

Ordinary

Sale

2,308

1.9325

Ordinary

Sale

2,311

1.9305

Ordinary

Sale

2,312

1.931

Ordinary

Sale

654

1.9315

Ordinary

Sale

1,656

1.9315

Ordinary

Sale

2,312

1.93

Ordinary

Sale

2,304

1.9325

Ordinary

Sale

3,447

1.9325

Ordinary

Sale

3,126

1.933

Ordinary

Sale

440

1.933

Ordinary

Sale

1,728

1.933

Ordinary

Sale

596

1.933

Ordinary

Sale

2,304

1.933

Ordinary

Sale

2,085

1.936

Ordinary

Sale

520

1.936

Ordinary

Sale

2,303

1.935

Ordinary

Sale

168

1.935

Ordinary

Sale

2,135

1.935

Ordinary

Sale

2,062

1.9375

Ordinary

Sale

2,009

1.9375

Ordinary

Sale

489

1.9375

Ordinary

Sale

1,183

1.9375

Ordinary

Sale

3,309

1.9395

Ordinary

Sale

467

1.94

Ordinary

Sale

400

1.94

Ordinary

Sale

52

1.94

Ordinary

Sale

3,987

1.936

Ordinary

Sale

373

1.9355

Ordinary

Sale

2,400

1.9355

Ordinary

Sale

3,451

1.935

Ordinary

Sale

2,322

1.938

Ordinary

Sale

2,133

1.9385

Ordinary

Sale

1,227

1.9385

Ordinary

Sale

3,093

1.9385

Ordinary

Sale

3,254

1.9394991

Ordinary

Sale

482

1.9395

Ordinary

Sale

482

1.9395

Ordinary

Sale

1,446

1.9395

Ordinary

Sale

2,159

1.926

Ordinary

Sale

17,369

1.926

Ordinary

Sale

3,394

1.926

Ordinary

Sale

5,643

1.926

Ordinary

Sale

3,493

1.926

Ordinary

Sale

4,043

1.926

Ordinary

Sale

4,470

1.926

Ordinary

Sale

17,368

1.926

Ordinary

Sale

7,544

1.926

Ordinary

Sale

29,255

1.926

Ordinary

Sale

3,762

1.926

Ordinary

Sale

87

1.9305

Ordinary

Sale

112

1.9305

Ordinary

Sale

61

1.9305

Ordinary

Sale

405

1.9305

Ordinary

Sale

177

1.9305

Ordinary

Sale

651

1.9305

Ordinary

Sale

464

1.9305

Ordinary

Sale

142

1.9305

Ordinary

Sale

75

1.9305

Ordinary

Sale

462

1.9305

Ordinary

Sale

421

1.9305

Ordinary

Sale

319

1.9315

Ordinary

Sale

2,000

1.9315

Ordinary

Sale

849

1.9315

Ordinary

Sale

1,600

1.933

Ordinary

Sale

1,568

1.933


Total Purchases

563,006



Total Sales

254,967


 

                                               

(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:

27/11/2017

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

Ordinary Shares

OTC Put Option

Sale

            6,000,000

 

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
 
END
 
 
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