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Tuesday, 6 February 2018

Man Group PLC : Form 8.3 - [Tesco plc]

Man Group PLC    

Published: 14:09 CET 06-02-2018 /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:

                                                                    

05th February 2018

(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:

26,926,521

0.3287

0

0.0000

(2) Cash-settled derivatives:

40,733,043

0.4972

4,314,334

0.0527

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

17,000,000

0.2075

0

0.0000

 

     TOTAL:

84,659,564

1.0335

4,314,334

 

0.0527

 

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

 

(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

               22,069

2.0143

5p ordinary

CFD

Reducing a short position

               10,189

2.0097

5p ordinary

CFD

Reducing a short position

                 5,446

2.0053

5p ordinary

CFD

Reducing a short position

               13,162

2.0085

5p ordinary

CFD

Reducing a short position

                 4,026

2.0040

5p ordinary

CFD

Reducing a short position

                 8,690

1.9997

5p ordinary

CFD

Reducing a short position

               15,029

1.9938

5p ordinary

CFD

Reducing a short position

               27,645

1.9885

5p ordinary

CFD

Reducing a short position

               36,851

1.9933

5p ordinary

CFD

Reducing a short position

               28,790

1.9950

5p ordinary

CFD

Reducing a short position

               43,321

1.9881

5p ordinary

CFD

Increasing a long position

               51,345

1.9887

5p ordinary

CFD

Reducing a long position

             645,364

2.0160

5p ordinary

CFD

Reducing a long position

             114,316

2.0160

5p ordinary

CFD

Increasing a long position

               92,178

1.9959

5p ordinary

CFD

Reducing a long position

         1,156,663

1.9870

5p ordinary

CFD

Reducing a long position

                 1,569

1.9893

5p ordinary

CFD

Reducing a long position

               14,418

1.9891

5p ordinary

CFD

Reducing a long position

               89,519

1.9888

5p ordinary

CFD

Reducing a long position

             175,210

1.9875

5p ordinary

CFD

Reducing a long position

             411,260

2.0160

5p ordinary

CFD

Increasing a long position

               31,835

2.0159

5p ordinary

CFD

Increasing a long position

               31,835

2.0160

5p ordinary

CFD

Increasing a long position

               31,834

2.0102

5p ordinary

CFD

Reducing a long position

             269,955

2.0160

5p ordinary

CFD

Increasing a long position

               21,237

1.9840

5p ordinary

CFD

Increasing a long position

                     411

1.9835

5p ordinary

CFD

Reducing a long position

                 7,925

2.0040

5p ordinary

CFD

Increasing a long position

               35,622

1.9860

5p ordinary

CFD

Reducing a long position

             343,082

2.0160

5p ordinary

CFD

Increasing a long position

               26,990

1.9840

5p ordinary

CFD

Increasing a long position

                     523

1.9835

5p ordinary

CFD

Reducing a long position

               10,096

2.0040

5p ordinary

CFD

Increasing a long position

               45,245

1.9860

5p ordinary

CFD

Increasing a long position

               40,458

2.0159

5p ordinary

CFD

Increasing a long position

               40,458

2.0160

5p ordinary

CFD

Increasing a long position

               40,459

2.0102

5p ordinary

CFD

Reducing a long position

             523,153

2.0160

5p ordinary

CFD

Reducing a long position

         1,469,817

1.9870

5p ordinary

CFD

Increasing a long position

             113,720

1.9959

5p ordinary

CFD

Reducing a long position

                 2,000

1.9893

5p ordinary

CFD

Reducing a long position

               18,374

1.9891

5p ordinary

CFD

Reducing a long position

             114,086

1.9888

5p ordinary

CFD

Reducing a long position

             223,295

1.9875

5p ordinary

CFD

Reducing a long position

             186,575

1.9870

5p ordinary

CFD

Increasing a long position

               14,520

1.9959

5p ordinary

CFD

Reducing a long position

                     253

1.9893

5p ordinary

CFD

Reducing a long position

                 2,333

1.9891

5p ordinary

CFD

Reducing a long position

               14,486

1.9888

5p ordinary

CFD

Reducing a long position

               28,353

1.9875

5p ordinary

CFD

Reducing a long position

               66,388

2.0160

5p ordinary

CFD

Reducing a long position

               43,556

2.0160

5p ordinary

CFD

Increasing a long position

                 3,426

1.9840

5p ordinary

CFD

Increasing a long position

                       66

1.9835

5p ordinary

CFD

Reducing a long position

                 1,280

2.0040

5p ordinary

CFD

Increasing a long position

                 5,746

1.9860

5p ordinary

CFD

Increasing a long position

                 5,136

2.0159

5p ordinary

CFD

Increasing a long position

                 5,136

2.0160

5p ordinary

CFD

Increasing a long position

                 5,136

2.0102

5p ordinary

CFD

Reducing a long position

                     381

1.9893

5p ordinary

CFD

Reducing a long position

                 3,506

1.9891

5p ordinary

CFD

Reducing a long position

               21,770

1.9888

5p ordinary

CFD

Reducing a long position

               42,611

1.9875

5p ordinary

CFD

Reducing a long position

             280,702

1.9870

5p ordinary

CFD

Increasing a long position

               21,757

1.9959

5p ordinary

CFD

Reducing a long position

               99,853

2.0160

5p ordinary

CFD

Reducing a long position

               65,526

2.0160

5p ordinary

CFD

Increasing a long position

                 5,154

1.9840

5p ordinary

CFD

Increasing a long position

                       99

1.9835

5p ordinary

CFD

Reducing a long position

                 1,924

2.0040

5p ordinary

CFD

Increasing a long position

                 8,643

1.9860

5p ordinary

CFD

Increasing a long position

                 7,727

2.0159

5p ordinary

CFD

Increasing a long position

                 7,727

2.0160

5p ordinary

CFD

Increasing a long position

                 7,727

2.0102

5p ordinary

CFD

Reducing a long position

             167,768

2.0160

5p ordinary

CFD

Increasing a short position

             108,621

2.0160

5p ordinary

CFD

Reducing a short position

                 8,545

1.9840

5p ordinary

CFD

Reducing a short position

                     165

1.9835

5p ordinary

CFD

Reducing a long position

                 3,318

2.0040

5p ordinary

CFD

Increasing a long position

               13,807

1.9860

5p ordinary

CFD

Reducing a short position

               12,809

2.0159

5p ordinary

CFD

Reducing a short position

               12,809

2.0160

5p ordinary

CFD

Reducing a short position

               12,809

2.0102

5p ordinary

CFD

Increasing a long position

             533,541

1.9959

5p ordinary

CFD

Reducing a long position

             592,467

1.9870

5p ordinary

CFD

Reducing a long position

               73,776

1.9870

5p ordinary

CFD

Increasing a long position

                 6,399

1.9959

5p ordinary

CFD

Reducing a long position

                     102

1.9893

5p ordinary

CFD

Reducing a long position

                     942

1.9891

5p ordinary

CFD

Reducing a long position

                 5,852

1.9888

5p ordinary

CFD

Reducing a long position

               11,455

1.9875

5p ordinary

CFD

Reducing a long position

               66,268

2.0160

5p ordinary

CFD

Increasing a long position

                 2,035

2.0159

5p ordinary

CFD

Increasing a long position

                 2,035

2.0160

5p ordinary

CFD

Increasing a long position

                 2,035

2.0102

5p ordinary

CFD

Reducing a long position

               25,630

2.0160

5p ordinary

CFD

Reducing a long position

               17,260

2.0160

5p ordinary

CFD

Increasing a long position

                 1,358

1.9840

5p ordinary

CFD

Increasing a long position

                       26

1.9835

5p ordinary

CFD

Reducing a long position

                     490

2.0040

5p ordinary

CFD

Increasing a long position

                 2,309

1.9860

5p ordinary

CFD

Increasing a long position

               17,730

1.9959

 

(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

5p Ordinary

Call Option

Purchasing

        588,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        747,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        212,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        272,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        415,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        531,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        357,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        280,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        527,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        677,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        356,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        453,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          46,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

          57,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          68,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

          85,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          86,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          68,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        128,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        102,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        113,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        143,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

        167,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        212,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          22,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          19,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

          27,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

          34,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

          92,000

205

American

16/03/2018

0.0425

5p Ordinary

Call Option

Purchasing

        116,000

205

American

16/03/2018

0.0450

5p Ordinary

Call Option

Purchasing

      1,401,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

      1,783,000

210

American

20/07/2018

0.0800

5p Ordinary

Call Option

Purchasing

      1,781,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

      2,264,000

210

American

20/07/2018

0.0800

5p Ordinary

Call Option

Purchasing

        225,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

        288,000

210

American

20/07/2018

0.0800

5p Ordinary

Call Option

Purchasing

        340,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

        433,000

210

American

20/07/2018

0.0800

5p Ordinary

Call Option

Purchasing

        718,000

210

American

20/07/2018

0.0800

5p Ordinary

Call Option

Purchasing

        564,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

          89,000

210

American

20/07/2018

0.0775

5p Ordinary

Call Option

Purchasing

        114,000

210

American

20/07/2018

0.0800

 

(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 February 2018

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

5p ordinary

Call Option

Purchased

3,184,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

4,045,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

513,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

773,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

1,282,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

203,000

210

American

20/07/2018

5p ordinary

Call Option

Purchased

1,335,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

484,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

946,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

637,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

1,204,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

809,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

153,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

103,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

230,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

154,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

379,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

256,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

208,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

61,000

205

American

16/03/2018

5p ordinary

Call Option

Purchased

41,000

205

American

16/03/2018

 

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 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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