Register for Digital Look

Company Announcements

Form 8.3 - Tesco Plc

Related Companies

By LSE RNS

RNS Number : 8704X
Societe Generale SA
29 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

28/11/2017

(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: 12,573,210 Shares Interests and 24,498,905                                                           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:

12,574,710

0.15

24,498,905

0.30

(2) Cash-settled derivatives:

 

18,387,939

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:

47,962,649

0.59

41,169,505

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

25,259

1.952

Ordinary

Purchase

69,675

1.952

Ordinary

Purchase

104,513

1.952

Ordinary

Purchase

7,380

1.952

Ordinary

Purchase

1,750

1.9495

Ordinary

Purchase

287

1.9495

Ordinary

Purchase

410

1.949

Ordinary

Purchase

410

1.9495

Ordinary

Purchase

927

1.9565

Ordinary

Purchase

1,906

1.9465

Ordinary

Purchase

2,496

1.949

Ordinary

Purchase

1,983

1.9485

Ordinary

Purchase

726

1.9505

Ordinary

Purchase

2,414

1.9505

Ordinary

Purchase

670

1.927

Ordinary

Purchase

3

1.927

Ordinary

Purchase

850

1.9505

Ordinary

Purchase

1,300

1.9505

Ordinary

Purchase

3,378

1.9505

Ordinary

Purchase

676

1.9505

Ordinary

Purchase

2,796

1.9505

Ordinary

Purchase

3,232

1.9425

Ordinary

Purchase

1,659

1.9555

Ordinary

Purchase

3,000

1.9555

Ordinary

Purchase

2,818

1.946

Ordinary

Purchase

2,310

1.958

Ordinary

Purchase

193

1.958

Ordinary

Purchase

680

1.958

Ordinary

Purchase

232

1.958

Ordinary

Purchase

784

1.958

Ordinary

Purchase

2,036

1.946

Ordinary

Purchase

54,909

1.952

Ordinary

Purchase

53,246

1.952

Ordinary

Purchase

11,543

1.952

Ordinary

Purchase

117,283

1.952

Ordinary

Purchase

24,732

1.952

Ordinary

Purchase

2,919

1.952

Ordinary

Purchase

1,878

1.9555

Ordinary

Purchase

1,284

1.9575

Ordinary

Purchase

3,709

1.9575

Ordinary

Purchase

7,213

1.952

Ordinary

Purchase

3,048

1.952

Ordinary

Purchase

393

1.9495

Ordinary

Purchase

13,891

1.952

Ordinary

Purchase

292

1.9495

Ordinary

Purchase

3,687

1.9565

Ordinary

Purchase

1,687

1.9575

Ordinary

Purchase

644

1.9575

Ordinary

Purchase

396

1.9575

Ordinary

Purchase

835

1.9575

Ordinary

Purchase

318

1.9575

Ordinary

Purchase

5,764

1.958

Ordinary

Purchase

703

1.958

Ordinary

Purchase

210

1.958

Ordinary

Purchase

11,564

1.952

Ordinary

Purchase

1,068

1.9585

Ordinary

Purchase

819

1.9585

Ordinary

Purchase

1,785

1.9585

Ordinary

Purchase

660

1.9585

Ordinary

Purchase

136

1.9585

Ordinary

Purchase

2,798

1.9585

Ordinary

Purchase

3,158

1.958

Ordinary

Purchase

773

1.958

Ordinary

Purchase

1,858

1.939

Ordinary

Purchase

1,457

1.9475

Ordinary

Purchase

169

1.9475

Ordinary

Purchase

1,163

1.9475

Ordinary

Purchase

1,938

1.926

Ordinary

Purchase

3,297

1.926

Ordinary

Purchase

1,750

1.945

Ordinary

Purchase

2,796

1.946

Ordinary

Purchase

98

1.9575

Ordinary

Purchase

2,320

1.9565

Ordinary

Purchase

109

1.9575

Ordinary

Purchase

2,320

1.957

Ordinary

Purchase

2,320

1.957

Ordinary

Purchase

218

1.95

Ordinary

Purchase

916

1.9565

Ordinary

Purchase

934

1.9565

Ordinary

Purchase

483

1.956

Ordinary

Purchase

715

1.958

Ordinary

Purchase

1,062

1.9555

Ordinary

Purchase

1,268

1.9555

Ordinary

Purchase

2,320

1.9555

Ordinary

Purchase

2,320

1.9555

Ordinary

Purchase

2,319

1.9555

Ordinary

Purchase

2,320

1.956

Ordinary

Purchase

2,319

1.956

Ordinary

Purchase

774

1.9575

Ordinary

Purchase

2,370

1.946

Ordinary

Purchase

2,758

1.9465

Ordinary

Purchase

424

1.957

Ordinary

Purchase

588

1.9505

Ordinary

Purchase

676

1.9505

Ordinary

Purchase

2,080

1.9475

Ordinary

Purchase

839

1.9555

Ordinary

Purchase

615

1.9555

Ordinary

Purchase

1,637

1.9555

Ordinary

Purchase

510

1.946

Ordinary

Purchase

2,711

1.958

Ordinary

Purchase

2,304

1.9415

Ordinary

Purchase

2,304

1.941

Ordinary

Purchase

3,819

1.9465

Ordinary

Purchase

11,617

1.952

Ordinary

Purchase

1,509

1.948

Ordinary

Purchase

3,103

1.946

Ordinary

Purchase

4,447

1.9425

Ordinary

Purchase

4,000

1.947

Ordinary

Purchase

4,344

1.947

Ordinary

Purchase

784

1.947

Ordinary

Purchase

2,297

1.9465

Ordinary

Purchase

4,494

1.9465

Ordinary

Purchase

2,930

1.943

Ordinary

Purchase

963

1.947

Ordinary

Purchase

1,708

1.925

Ordinary

Purchase

612

1.925

Ordinary

Purchase

2,295

1.9475

Ordinary

Purchase

2,317

1.925

Ordinary

Purchase

2,295

1.9555

Ordinary

Purchase

288

1.9555

Ordinary

Purchase

1,817

1.9445

Ordinary

Purchase

3,566

1.945

Ordinary

Purchase

549

1.947

Ordinary

Purchase

1,319

1.9465

Ordinary

Purchase

2,006

1.9555

Ordinary

Purchase

3,078

1.9475

Ordinary

Purchase

1,415

1.955

Ordinary

Purchase

1,400

1.948

Ordinary

Purchase

1,141

1.948

Ordinary

Purchase

11,598

1.949

Ordinary

Purchase

4,563

1.949

Ordinary

Purchase

11,598

1.949

Ordinary

Purchase

13,846

1.949

Ordinary

Purchase

2,248

1.949

Ordinary

Purchase

1,410

1.9485

Ordinary

Purchase

482

1.9445

Ordinary

Purchase

630

1.9575

Ordinary

Purchase

251

1.9575

Ordinary

Purchase

1,410

1.9575

Ordinary

Purchase

2,292

1.957

Ordinary

Purchase

2,293

1.949

Ordinary

Purchase

2,293

1.9495

Ordinary

Purchase

2,297

1.9465

Ordinary

Purchase

11,617

1.952

Ordinary

Purchase

2,168

1.9395

Ordinary

Purchase

138

1.9395

Ordinary

Purchase

330

1.9495

Ordinary

Purchase

1,963

1.9495

Ordinary

Purchase

4,074

1.945

Ordinary

Purchase

2,298

1.956

Ordinary

Purchase

586

1.9555

Ordinary

Purchase

1,709

1.9555

Ordinary

Purchase

259

1.956

Ordinary

Purchase

700

1.956

Ordinary

Purchase

2,127

1.932

Ordinary

Purchase

1,332

1.9565

Ordinary

Purchase

1,642

1.9565

Ordinary

Purchase

185

1.932

Ordinary

Purchase

2,734

1.956

Ordinary

Purchase

2,294

1.948

Ordinary

Purchase

352

1.956

Ordinary

Purchase

2,245

1.956

Ordinary

Purchase

2,141

1.9335

Ordinary

Purchase

167

1.9335

Ordinary

Purchase

1,303

1.949

Ordinary

Purchase

6,888

1.949

Ordinary

Purchase

4,418

1.947

Ordinary

Purchase

2,294

1.956

Ordinary

Purchase

3,389

1.9565

Ordinary

Purchase

2,298

1.945

Ordinary

Purchase

1,013

1.942

Ordinary

Purchase

1,289

1.942

Ordinary

Purchase

4,599

1.9475

Ordinary

Purchase

622

1.9435

Ordinary

Purchase

865

1.943

Ordinary

Purchase

2,305

1.94

Ordinary

Purchase

2,294

1.9555

Ordinary

Purchase

2,353

1.955

Ordinary

Purchase

3,626

1.958

Ordinary

Purchase

1,121

1.958

Ordinary

Purchase

1,373

1.958

Ordinary

Purchase

1,235

1.947

Ordinary

Purchase

1,523

1.95

Ordinary

Purchase

4,316

1.945

Ordinary

Purchase

2,100

1.9435

Ordinary

Purchase

2,954

1.943

Ordinary

Purchase

143

1.943

Ordinary

Purchase

232

1.9435

Ordinary

Purchase

913

1.958

Ordinary

Purchase

106

1.948

Ordinary

Purchase

2,874

1.958

Ordinary

Purchase

1,107

1.958

Ordinary

Purchase

557

1.958

Ordinary

Purchase

2,519

1.958

Ordinary

Purchase

622

1.958

Ordinary

Purchase

1,056

1.9365

Ordinary

Purchase

874

1.9365

Ordinary

Purchase

255

1.9365

Ordinary

Purchase

2,183

1.948

Ordinary

Purchase

120

1.9365

Ordinary

Purchase

2,294

1.9485

Ordinary

Purchase

5

1.948

Ordinary

Purchase

2,294

1.9485

Ordinary

Purchase

2,293

1.949

Ordinary

Purchase

2,295

1.948

Ordinary

Purchase

2,295

1.9485

Ordinary

Purchase

1,371

1.9475

Ordinary

Purchase

925

1.9475

Ordinary

Purchase

3,506

1.9465

Ordinary

Purchase

1,436

1.943

Ordinary

Purchase

1,044

1.948

Ordinary

Purchase

1,251

1.948

Ordinary

Purchase

2,295

1.955

Ordinary

Purchase

2,356

1.947

Ordinary

Purchase

2,297

1.9465

Ordinary

Purchase

2,295

1.947

Ordinary

Purchase

884

1.9485

Ordinary

Purchase

2,294

1.9525

Ordinary

Purchase

2,300

1.9435

Ordinary

Purchase

1,773

1.9405

Ordinary

Purchase

532

1.9405

Ordinary

Purchase

2,116

1.948

Ordinary

Purchase

769

1.95

Ordinary

Purchase

4,641

1.944

Ordinary

Purchase

4,669

1.9445

Ordinary

Purchase

103

1.9575

Ordinary

Purchase

2,320

1.957

Ordinary

Purchase

2,319

1.9565

Ordinary

Sale

1,600

1.9455

Ordinary

Sale

157

1.9455

Ordinary

Sale

1,063

1.946

Ordinary

Sale

2,928

1.946

Ordinary

Sale

1,444

1.945

Ordinary

Sale

3,239

1.944

Ordinary

Sale

1,200

1.946

Ordinary

Sale

1,777

1.948

Ordinary

Sale

4,156

1.946

Ordinary

Sale

1,454

1.937

Ordinary

Sale

2,519

1.958

Ordinary

Sale

1,444

1.9455

Ordinary

Sale

417

1.946

Ordinary

Sale

1

1.952

Ordinary

Sale

437

1.9462471

Ordinary

Sale

9,819

1.952

Ordinary

Sale

967

1.952

Ordinary

Sale

6,547

1.952

Ordinary

Sale

3,213

1.952

Ordinary

Sale

9,819

1.952

Ordinary

Sale

6,546

1.952

Ordinary

Sale

8,183

1.952

Ordinary

Sale

4,970

1.952

Ordinary

Sale

8,182

1.952

Ordinary

Sale

9,282

1.952

Ordinary

Sale

9,281

1.952

Ordinary

Sale

9,281

1.952

Ordinary

Sale

9,281

1.952

Ordinary

Sale

7,734

1.952

Ordinary

Sale

1,538

1.952

Ordinary

Sale

9,281

1.952

Ordinary

Sale

4,277

1.952

Ordinary

Sale

5,004

1.952

Ordinary

Sale

51

1.946

Ordinary

Sale

3,916

1.948

Ordinary

Sale

4,166

1.9475

Ordinary

Sale

3,855

1.9495

Ordinary

Sale

2,030

1.9435

Ordinary

Sale

4,250

1.9495

Ordinary

Sale

4,174

1.95

Ordinary

Sale

1,897

1.9505

Ordinary

Sale

2,481

1.9515

Ordinary

Sale

3,107

1.952

Ordinary

Sale

4,419

1.95

Ordinary

Sale

2,651

1.949

Ordinary

Sale

2,297

1.949

Ordinary

Sale

1,036

1.9495

Ordinary

Sale

393

1.9495

Ordinary

Sale

2,510

1.9415

Ordinary

Sale

411

1.9415

Ordinary

Sale

2,847

1.9525

Ordinary

Sale

2,321

1.9425

Ordinary

Sale

2,335

1.942

Ordinary

Sale

1,852

1.946

Ordinary

Sale

1,945

1.946

Ordinary

Sale

2,297

1.9465

Ordinary

Sale

568

1.946

Ordinary

Sale

1,820

1.946

Ordinary

Sale

2,296

1.95

Ordinary

Sale

2,301

1.946

Ordinary

Sale

3,207

1.9385

Ordinary

Sale

2,098

1.939

Ordinary

Sale

271

1.939

Ordinary

Sale

240

1.949

Ordinary

Sale

1,573

1.9425

Ordinary

Sale

3,084

1.943

Ordinary

Sale

1,477

1.9425

Ordinary

Sale

8,098

1.944

Ordinary

Sale

8,148

1.9445

Ordinary

Sale

8,096

1.9435

Ordinary

Sale

8,149

1.945

Ordinary

Sale

4,458

1.9445

Ordinary

Sale

2,617

1.9425

Ordinary

Sale

4,145

1.9435

Ordinary

Sale

4,180

1.944

Ordinary

Sale

1,110

1.9315

Ordinary

Sale

998

1.9315

Ordinary

Sale

2,197

1.932

Ordinary

Sale

4,030

1.9445

Ordinary

Sale

225

1.946

Ordinary

Sale

815

1.946

Ordinary

Sale

1,209

1.946

Ordinary

Sale

9,280

1.952

Ordinary

Sale

27,000

1.947825


Total Purchases

930,573



Total Sales

317,972


 

                                               

(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

Ordinary

Future

Increasing a long position

     27,000

1.95

 

(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:

29/11/2017
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
 
 
RETEAFFNASLXFFF

Top of Page