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:	23rd 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 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:	27,156,621	0.3315	0	0.0000
(2) Cash-settled derivatives:	31,791,693	0.3881	4,779,387	0.4571
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	46,501,000	0.5676	2,000,000	0.0244
TOTAL:	105,449,314	1.2872	6,779,387	0.0828

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	Increasing a long position	102	2.0533
5p ordinary	CFD	Reducing a long position	82,371	2.0505
5p ordinary	CFD	Reducing a long position	32,930	2.0490
5p ordinary	CFD	Reducing a long position	16,410	2.0570
5p ordinary	CFD	Reducing a long position	130,153	2.0506
5p ordinary	CFD	Reducing a long position	255,774	2.0517
5p ordinary	CFD	Reducing a long position	16,239	2.0546
5p ordinary	CFD	Reducing a long position	645,144	2.0550
5p ordinary	CFD	Reducing a long position	124,733	2.0540
5p ordinary	CFD	Reducing a long position	10,758	2.0490
5p ordinary	CFD	Reducing a long position	209,129	2.0550
5p ordinary	CFD	Reducing a long position	40,753	2.0540
5p ordinary	CFD	Reducing a long position	26,912	2.0505
5p ordinary	CFD	Reducing a long position	5,306	2.0546
5p ordinary	CFD	Reducing a long position	83,566	2.0517
5p ordinary	CFD	Reducing a long position	42,525	2.0506
5p ordinary	CFD	Reducing a long position	5,361	2.0570
5p ordinary	CFD	Reducing a long position	406,931	2.0550
5p ordinary	CFD	Reducing a long position	285,254	2.0550
5p ordinary	CFD	Reducing a long position	81,685	2.0540
5p ordinary	CFD	Reducing a long position	414,610	2.0550
5p ordinary	CFD	Reducing a long position	10,637	2.0546
5p ordinary	CFD	Reducing a long position	167,507	2.0517
5p ordinary	CFD	Reducing a long position	85,240	2.0506
5p ordinary	CFD	Reducing a long position	21,568	2.0490
5p ordinary	CFD	Reducing a long position	10,749	2.0570
5p ordinary	CFD	Reducing a long position	53,947	2.0505
5p ordinary	CFD	Reducing a long position	200,290	2.0517
5p ordinary	CFD	Reducing a long position	101,922	2.0506
5p ordinary	CFD	Reducing a long position	25,790	2.0490
5p ordinary	CFD	Reducing a long position	12,853	2.0570
5p ordinary	CFD	Reducing a long position	64,505	2.0505
5p ordinary	CFD	Reducing a long position	495,761	2.0550
5p ordinary	CFD	Reducing a long position	97,671	2.0540
5p ordinary	CFD	Reducing a long position	12,720	2.0546
5p ordinary	CFD	Reducing a long position	340,343	2.0550
5p ordinary	CFD	Reducing a long position	486,890	2.0550
5p ordinary	CFD	Reducing a long position	65,732	2.0550
5p ordinary	CFD	Reducing a long position	45,922	2.0550
5p ordinary	CFD	Reducing a long position	8,694	2.0505
5p ordinary	CFD	Reducing a long position	3,475	2.0490
5p ordinary	CFD	Reducing a long position	1,732	2.0570
5p ordinary	CFD	Reducing a long position	13,738	2.0506
5p ordinary	CFD	Reducing a long position	26,998	2.0517
5p ordinary	CFD	Reducing a long position	1,714	2.0546
5p ordinary	CFD	Reducing a long position	66,860	2.0550
5p ordinary	CFD	Reducing a long position	13,167	2.0540
5p ordinary	CFD	Reducing a long position	385,641	2.0550
5p ordinary	CFD	Reducing a long position	69,114	2.0550
5p ordinary	CFD	Reducing a long position	98,844	2.0550
5p ordinary	CFD	Reducing a long position	13,095	2.0505
5p ordinary	CFD	Reducing a long position	5,235	2.0490
5p ordinary	CFD	Reducing a long position	2,609	2.0570
5p ordinary	CFD	Reducing a long position	20,692	2.0506
5p ordinary	CFD	Reducing a long position	40,665	2.0517
5p ordinary	CFD	Reducing a long position	2,581	2.0546
5p ordinary	CFD	Reducing a long position	19,831	2.0540
5p ordinary	CFD	Reducing a long position	100,649	2.0550
5p ordinary	CFD	Reducing a long position	4,955	2.0546
5p ordinary	CFD	Reducing a long position	78,054	2.0517
5p ordinary	CFD	Reducing a long position	39,719	2.0506
5p ordinary	CFD	Reducing a long position	38,065	2.0540
5p ordinary	CFD	Reducing a long position	194,538	2.0550
5p ordinary	CFD	Reducing a long position	25,137	2.0505
5p ordinary	CFD	Reducing a long position	10,049	2.0490
5p ordinary	CFD	Reducing a long position	5,008	2.0570
5p ordinary	CFD	Reducing a long position	195,620	2.0550
5p ordinary	CFD	Reducing a long position	136,153	2.0550
5p ordinary	CFD	Reducing a long position	17,573	2.0550
5p ordinary	CFD	Reducing a long position	25,983	2.0550
5p ordinary	CFD	Reducing a long position	639	2.0546
5p ordinary	CFD	Reducing a long position	34,668	2.0517
5p ordinary	CFD	Reducing a long position	17,641	2.0506
5p ordinary	CFD	Reducing a long position	2,201	2.0546
5p ordinary	CFD	Reducing a long position	4,463	2.0490
5p ordinary	CFD	Reducing a long position	3,245	2.0505
5p ordinary	CFD	Reducing a long position	646	2.0570
5p ordinary	CFD	Reducing a long position	1,297	2.0490
5p ordinary	CFD	Reducing a long position	5,127	2.0506
5p ordinary	CFD	Reducing a long position	10,076	2.0517
5p ordinary	CFD	Reducing a long position	25,518	2.0550
5p ordinary	CFD	Reducing a long position	4,915	2.0540
5p ordinary	CFD	Reducing a long position	16,907	2.0540
5p ordinary	CFD	Reducing a long position	87,791	2.0550
5p ordinary	CFD	Reducing a long position	11,164	2.0505
5p ordinary	CFD	Reducing a long position	2,224	2.0570

(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	17,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	20,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	2,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	4,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	6,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	1,000	205	American	16/03/2018	0.0450
5p ordinary	Call option	Purchasing	1,227,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	819,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	261,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	394,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	644,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	428,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	512,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	764,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Writing	318,000	210	American	16/03/2018	0.0275
5p ordinary	Call option	Purchasing	767,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	514,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	912,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	611,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Writing	379,000	210	American	16/03/2018	0.0275
5p ordinary	Call option	Purchasing	614,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	917,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	767,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	514,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Writing	52,000	210	American	16/03/2018	0.0275
5p ordinary	Call option	Purchasing	104,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	69,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	125,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	82,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	82,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	124,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	384,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	255,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	104,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	156,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	187,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	124,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	186,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	123,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Writing	78,000	210	American	16/03/2018	0.0275
5p ordinary	Call option	Purchasing	361,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	239,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	241,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	363,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	202,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	304,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Writing	152,000	210	American	16/03/2018	0.0275
5p ordinary	Call option	Purchasing	42,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	27,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	172,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	33,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	50,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	50,000	210	American	16/03/2018	0.0300
5p ordinary	Call option	Purchasing	114,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Purchasing	32,000	210	American	16/03/2018	0.0250
5p ordinary	Call option	Writing	21,000	210	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	318,000	200	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	379,000	200	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	52,000	200	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	78,000	200	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	152,000	200	American	16/03/2018	0.0275
5p ordinary	Put option	Purchasing	21,000	200	American	16/03/2018	0.0275

(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:	26th 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 [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 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	1,452,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	468,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	920,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	1,099,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	148,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	223,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	431,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	201,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	58,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	3,184,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	3,807,000	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	1,519,000	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	718,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	1,133,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	912,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	153,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	115,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	230,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	173,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	448,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	286,000	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	46,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	2,046,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	655,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,281,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,276,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,072,000	210	American	16/03/2018
5p ordinary	Call option	Written	318,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,531,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,523,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,281,000	210	American	16/03/2018
5p ordinary	Call option	Written	379,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	207,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	206,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	173,000	210	American	16/03/2018
5p ordinary	Call option	Written	52,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	639,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	311,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	309,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	260,000	210	American	16/03/2018
5p ordinary	Call option	Written	78,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	600,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	604,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	506,000	210	American	16/03/2018
5p ordinary	Call option	Written	152,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	286,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	83,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	82,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	69,000	210	American	16/03/2018
5p ordinary	Call option	Written	21,000	210	American	16/03/2018
5p ordinary	Put option	Purchased	318,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	379,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	52,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	78,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	152,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	21,000	200	American	16/03/2018
5p ordinary	Call option	Purchased	2,356,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	2,927,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	380,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	1,754,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	571,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	1,115,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	151,000	210	American	18/05/2018

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.

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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