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Monday, 13 November 2017

Man Group PLC : Form 8.3 - [Tesco plc]

Man Group PLC    

Published: 14:00 CET 13-11-2017 /GlobeNewswire /Source: Man Group PLC / : EMG /ISIN: GB00B83VD954

Man Group PLC : Form 8.3 - [Tesco plc]

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:

                                                                    

10th 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:

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:

           39,857,253

 

 

0.4866

 

 

 

26,062,625

 

 

0.3182

 

 

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

25,023,000

 

0.3055

 

10,009,000

 

0.1222

 

 

     TOTAL:

91,802,362

 

 

1.1208

 

 

36,071,625

 

 

 

 0.4404

 

 

 

 

 

 

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

69,000

1.7633

5p ordinary

Purchase

27,700

1.7633

5p ordinary

Purchase

37,000

1.7633

5p ordinary

Purchase

57,100

1.7633

5p ordinary

Purchase

21,600

1.7633

5p ordinary

Purchase

57,800

1.7633

5p ordinary

Purchase

17,200

1.7633

5p ordinary

Purchase

6,800

1.7633

5p ordinary

Purchase

471,729

1.7568

 

(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

Reducing a short position

42,504

1.7657

5p ordinary

CFD

Reducing a short position

20,991

1.7614

5p ordinary

CFD

Increasing a long position

191,216

1.7660

5p ordinary

CFD

Increasing a long position

96,362

1.7660

5p ordinary

CFD

Increasing a long position

13,900

1.7633

5p ordinary

CFD

Increasing a long position

157,897

1.7660

5p ordinary

CFD

Increasing a long position

26,778

1.7559

5p ordinary

CFD

Increasing a long position

28,685

1.7658

5p ordinary

CFD

Increasing a long position

49,618

1.7658

5p ordinary

CFD

Increasing a long position

273,912

1.7660

5p ordinary

CFD

Increasing a long position

46,444

1.7559

5p ordinary

CFD

Increasing a long position

5,785

1.7559

5p ordinary

CFD

Increasing a long position

6,184

1.7658

5p ordinary

CFD

Increasing a long position

34,054

1.7660

5p ordinary

CFD

Increasing a long position

49,327

1.7660

5p ordinary

CFD

Increasing a long position

8,964

1.7658

5p ordinary

CFD

Increasing a long position

8,377

1.7559

5p ordinary

CFD

Increasing a long position

2,475

1.7658

5p ordinary

CFD

Increasing a long position

1,945

1.7559

5p ordinary

CFD

Increasing a long position

41,868

1.7660

5p ordinary

CFD

Increasing a long position

13,925

1.7660

5p ordinary

CFD

Increasing a long position

45,225

1.7660

5p ordinary

CFD

Increasing a long position

8,323

1.7658

5p ordinary

CFD

Increasing a long position

7,681

1.7559

5p ordinary

CFD

Increasing a long position

90,000

1.7633

5p ordinary

CFD

Increasing a long position

1,100

1.7633

 

(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:

13th 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 (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Man Group PLC, Riverbank House 2 Swan Lane, London EC4R 3AD, U.K.
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