Man Group plc Man Group Plc : Form 8.3 - [Tesco plc]

TIDMEMG TIDMTSCO 
 
 
   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          N/A 
 disclosed, if different from 1(a): 
(c) Name of offeror/offeree in relation to whose relevant         Tesco plc 
 securities this form relates: 
(d) If an exempt fund manager connected with an offeror/offeree,  N/A 
 state this and specify identity of offeror/offeree: 
(e) Date position held/dealing undertaken:                        17(th) November 2017 
(f) In addition to the company in 1(c) above, is the              YES / NO / N/A 
 discloser making disclosures in respect of any other              If YES, specify which: 
 party to the offer?                                               Booker Group plc 
 
 
   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:       26,922,109  0.3287           0       0 
(2) Cash-settled derivatives:                          35,572,763  0.4343  23,723,885  0.2896 
(3) Stock-settled derivatives (including options) 
 and agreements to purchase/sell:                      15,524,000  0.1895           0       0 
 
  TOTAL:                                               78,018,872  0.9525  23,723,885  0.2896 
 
 
   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      Purchase/sale  Number of securities  Price per unit 
        security 
 
 
   (b)        Cash-settled derivative transactions 
 
 
 
 
Class of                                                 Nature of dealing                          Number of 
relevant   Product description    e.g. opening/closing a long/short position, increasing/reducing   reference   Price per unit 
security         e.g. CFD                              a long/short position                        securities       (GBP) 
   5p 
 ordinary          CFD           Reducing a short position                                              32,483          1.8321 
   5p 
 ordinary          CFD           Reducing a short position                                              42,477          1.8321 
   5p 
 ordinary          CFD           Reducing a short position                                              39,133          1.8317 
   5p 
 ordinary          CFD           Reducing a short position                                              19,423          1.8354 
   5p 
 ordinary          CFD           Reducing a short position                                              13,785          1.8383 
   5p 
 ordinary          CFD           Reducing a short position                                              27,806          1.8432 
   5p 
 ordinary          CFD           Reducing a short position                                              17,768          1.8397 
   5p 
 ordinary          CFD           Reducing a short position                                               8,207          1.8354 
   5p 
 ordinary          CFD           Reducing a short position                                               5,419          1.8326 
   5p 
 ordinary          CFD           Reducing a short position                                              14,650          1.8418 
   5p 
 ordinary          CFD           Reducing a short position                                              35,472          1.8465 
   5p 
 ordinary          CFD           Reducing a long position                                               12,112          1.8429 
   5p 
 ordinary          CFD           Increasing a short position                                            10,500          1.8384 
 
 
   (c)        Stock-settled derivative transactions (including options) 
 
   (i)         Writing, selling, purchasing or varying 
 
 
 
 
Class of    Product     Writing,    Number of   Exercise              Type               Expiry   Option 
relevant  description  purchasing,  securities   price     e.g. American, European etc.   date    money 
security   e.g. call    selling,     to which     per                                             paid/ 
            option       varying      option      unit                                           received 
                          etc.       relates                                                       per 
                                                                                                   unit 
 
 
   (ii)        Exercise 
 
 
 
 
  Class of     Product description  Exercising/     Number of      Exercise 
  relevant       e.g. call option    exercised     securities      price per 
  security                            against                        unit 
 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 
 
 
Class of relevant         Nature of dealing         Details   Price per unit 
     security        e.g. subscription, conversion            (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:   20(th) 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 
[e-mail].  The Panel's Market Surveillance Unit is 
available for consultation in relation to the Code's disclosure 
requirements on [phone]. 
 
   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  Tesco plc 
 securities the disclosure relates: 
 
 
   2.         STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS) 
 
 
 
 
             Product                                                                     Exercise 
Class of   description                                                                    price 
relevant    e.g. call    Written or  Number of securities to which option or derivative    per                 Type                 Expiry 
security      option     purchased                         relates                         unit     e.g. American, European etc.     date 
   5p 
 ordinary  Call Option   Purchased                                                  347      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                1,654      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  806      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  402      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  689      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                1,290      1.95                       American  19/01/2018 

   5p 
 ordinary  Call Option   Purchased                                                2,215      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                2,237      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                3,847      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  278      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  476      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  371      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  600      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  115      1.95                       American  19/01/2018 
   5p 
 ordinary  Call Option   Purchased                                                  197      1.95                       American  19/01/2018 
 
 
   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 [phone]. 
 
   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 
 
 
 
 

(END) Dow Jones Newswires

November 20, 2017 07:44 ET (12:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.