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:	27th 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:	27,156,621	0.3315	0	0.0000
(2) Cash-settled derivatives:	29,702,765	0.3626	3,249,774	0.0397
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	46,641,000	0.5693	2,000,000	0.0244
TOTAL:	103,500,386	1.2634	5,249,774	0.0641

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	490	2.0663
5p ordinary	CFD	Reducing a short position	4,734	2.0696
5p ordinary	CFD	Reducing a short position	7,932	2.0696
5p ordinary	CFD	Reducing a short position	272	2.0711
5p ordinary	CFD	Reducing a short position	893	2.0711
5p ordinary	CFD	Reducing a short position	10,067	2.0696
5p ordinary	CFD	Increasing a long position	13,552	2.0656
5p ordinary	CFD	Increasing a long position	17,314	2.0650
5p ordinary	CFD	Increasing a long position	7,382	2.0712
5p ordinary	CFD	Increasing a long position	13,171	2.0750
5p ordinary	CFD	Increasing a long position	31,684	2.0776
5p ordinary	CFD	Increasing a long position	48,491	2.0711
5p ordinary	CFD	Increasing a long position	31,878	2.0642
5p ordinary	CFD	Increasing a long position	22,878	2.0797
5p ordinary	CFD	Increasing a long position	44,561	2.0788
5p ordinary	CFD	Increasing a long position	12,772	2.0662
5p ordinary	CFD	Increasing a long position	19,628	2.0705
5p ordinary	CFD	Increasing a long position	19,132	2.0713
5p ordinary	CFD	Reducing a short position	9,570	2.0704
5p ordinary	CFD	Reducing a short position	3,995	2.0711
5p ordinary	CFD	Reducing a long position	170,695	2.0675
5p ordinary	CFD	Reducing a long position	165,164	2.0667
5p ordinary	CFD	Reducing a long position	52,694	2.0667
5p ordinary	CFD	Reducing a long position	54,458	2.0675
5p ordinary	CFD	Reducing a long position	102,780	2.0675
5p ordinary	CFD	Reducing a long position	99,446	2.0667
5p ordinary	CFD	Reducing a long position	122,901	2.0675
5p ordinary	CFD	Reducing a long position	118,914	2.0667
5p ordinary	CFD	Reducing a long position	16,608	2.0675
5p ordinary	CFD	Reducing a long position	16,070	2.0667
5p ordinary	CFD	Reducing a long position	24,943	2.0675
5p ordinary	CFD	Reducing a long position	24,136	2.0667
5p ordinary	CFD	Reducing a long position	48,330	2.0675
5p ordinary	CFD	Reducing a long position	46,765	2.0667
5p ordinary	CFD	Reducing a long position	7,335	2.0675
5p ordinary	CFD	Reducing a long position	7,098	2.0667
5p ordinary	CFD	Reducing a long position	25,235	2.0675
5p ordinary	CFD	Reducing a long position	24,419	2.0667
5p ordinary	CFD	Reducing a long position	5,500	2.0718
5p ordinary	CFD	Reducing a long position	1,000	2.0718
5p ordinary	CFD	Reducing a long position	3,800	2.0718

(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:	28th February 2018
Contact name:	James Carr
Telephone number:	02071447242

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	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
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	2,046,000	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	Purchased	17,000	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	Purchased	21,000	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	Purchased	2,000	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	Purchased	3,000	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	Purchased	6,000	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	Purchased	1,000	210	American	16/03/2018
5p ordinary	Call option	Written	-             21,000	210	American	16/03/2018
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	750,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	1,133,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	951,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	153,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	118,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	230,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	179,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	448,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	296,000	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	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	1,452,000	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

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