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:	1st March 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:	34,153,737	0.4169	4,561,866	0.0557
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	47,212,000	0.5763	2,018,000	0.0246
TOTAL:	108,522,358	1.3247	6,579,866	0.0803

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 long position	3,936	2.0850
5p ordinary	CFD	Reducing a short position	76,326	2.0861
5p ordinary	CFD	Reducing a short position	98,375	2.0861
5p ordinary	CFD	Reducing a short position	6,454	2.0863
5p ordinary	CFD	Reducing a short position	6,030	2.0863
5p ordinary	CFD	Reducing a short position	173,115	2.0861
5p ordinary	CFD	Reducing a short position	9,437	2.0854
5p ordinary	CFD	Reducing a short position	58,050	2.0863
5p ordinary	CFD	Increasing a long position	294,644	2.0800
5p ordinary	CFD	Increasing a long position	246,479	2.0842
5p ordinary	CFD	Increasing a long position	225,530	2.0870
5p ordinary	CFD	Increasing a long position	20,758	2.0870
5p ordinary	CFD	Increasing a long position	94,256	2.0800
5p ordinary	CFD	Increasing a long position	78,848	2.0842
5p ordinary	CFD	Increasing a long position	9,006	2.0870
5p ordinary	CFD	Increasing a long position	8,939	2.0870
5p ordinary	CFD	Increasing a short position	13,005	2.0871
5p ordinary	CFD	Increasing a long position	302,111	2.0865
5p ordinary	CFD	Reducing a short position	58,337	2.0900
5p ordinary	CFD	Reducing a short position	64,818	2.0875
5p ordinary	CFD	Reducing a short position	40,944	2.0848
5p ordinary	CFD	Increasing a long position	23,247	2.0870
5p ordinary	CFD	Increasing a long position	16,055	2.0870
5p ordinary	CFD	Increasing a long position	153,241	2.0842
5p ordinary	CFD	Increasing a long position	183,186	2.0800
5p ordinary	CFD	Reducing a short position	64,817	2.0810
5p ordinary	CFD	Increasing a long position	24,429	2.0875
5p ordinary	CFD	Reducing a long position	41,887	2.0875
5p ordinary	CFD	Increasing a long position	207,884	2.0800
5p ordinary	CFD	Increasing a long position	173,902	2.0842
5p ordinary	CFD	Reducing a short position	73,587	2.0810
5p ordinary	CFD	Reducing a long position	26,128	2.0870
5p ordinary	CFD	Reducing a long position	45,297	2.0870
5p ordinary	CFD	Reducing a short position	66,216	2.0900
5p ordinary	CFD	Increasing a long position	163,836	2.0865
5p ordinary	CFD	Reducing a short position	22,221	2.0871
5p ordinary	CFD	Reducing a short position	73,573	2.0875
5p ordinary	CFD	Reducing a short position	46,473	2.0848
5p ordinary	CFD	Increasing a short position	7,965	2.0871
5p ordinary	CFD	Increasing a long position	76,296	2.0865
5p ordinary	CFD	Reducing a short position	6,969	2.0848
5p ordinary	CFD	Reducing a short position	11,033	2.0875
5p ordinary	CFD	Reducing a short position	9,930	2.0900
5p ordinary	CFD	Increasing a long position	14,585	2.0875
5p ordinary	CFD	Increasing a long position	26,089	2.0842
5p ordinary	CFD	Reducing a short position	11,027	2.0810
5p ordinary	CFD	Increasing a long position	11,998	2.0870
5p ordinary	CFD	Increasing a long position	11,622	2.0870
5p ordinary	CFD	Increasing a long position	31,188	2.0800
5p ordinary	CFD	Reducing a short position	15,067	2.0810
5p ordinary	CFD	Reducing a long position	3,517	2.0870
5p ordinary	CFD	Reducing a long position	7,006	2.0870
5p ordinary	CFD	Increasing a long position	42,579	2.0800
5p ordinary	CFD	Increasing a long position	35,619	2.0842
5p ordinary	CFD	Reducing a long position	6,060	2.0875
5p ordinary	CFD	Reducing a short position	3,267	2.0871
5p ordinary	CFD	Increasing a long position	36,995	2.0865
5p ordinary	CFD	Reducing a short position	15,068	2.0875
5p ordinary	CFD	Reducing a short position	13,561	2.0900
5p ordinary	CFD	Reducing a short position	9,518	2.0848
5p ordinary	CFD	Increasing a long position	88,678	2.0800
5p ordinary	CFD	Increasing a long position	74,182	2.0842
5p ordinary	CFD	Increasing a long position	21,990	2.0870
5p ordinary	CFD	Increasing a long position	18,562	2.0870
5p ordinary	CFD	Reducing a short position	31,511	2.0810
5p ordinary	CFD	Reducing a short position	31,376	2.0875
5p ordinary	CFD	Increasing a short position	12,187	2.0871
5p ordinary	CFD	Reducing a long position	505,868	2.0861
5p ordinary	CFD	Reducing a short position	28,238	2.0900
5p ordinary	CFD	Reducing a short position	19,818	2.0848
5p ordinary	CFD	Increasing a long position	25,048	2.0875
5p ordinary	CFD	Increasing a long position	501	2.0875
5p ordinary	CFD	Reducing a short position	2,610	2.0848
5p ordinary	CFD	Reducing a short position	4,132	2.0875
5p ordinary	CFD	Increasing a long position	12,000	2.0865
5p ordinary	CFD	Increasing a short position	94	2.0871
5p ordinary	CFD	Reducing a short position	3,718	2.0900
5p ordinary	CFD	Reducing a long position	401	2.0870
5p ordinary	CFD	Increasing a long position	5,237	2.0870
5p ordinary	CFD	Reducing a short position	3,991	2.0810
5p ordinary	CFD	Reducing a long position	117	2.0870
5p ordinary	CFD	Increasing a long position	1,005	2.0870
5p ordinary	CFD	Increasing a long position	40,343	2.0800
5p ordinary	CFD	Increasing a long position	11,726	2.0800
5p ordinary	CFD	Increasing a long position	33,749	2.0842
5p ordinary	CFD	Increasing a long position	9,809	2.0842
5p ordinary	CFD	Increasing a long position	1,081	2.0865
5p ordinary	CFD	Reducing a long position	8,600	2.0853
5p ordinary	CFD	Reducing a long position	2,800	2.0853
5p ordinary	CFD	Reducing a long position	6,200	2.0853

(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	222000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	58000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	57000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Purchasing	14000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	18000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	15000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Purchasing	49000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Purchasing	21000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	18000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Purchasing	22000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	27000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	17000	210	American	16/03/2018	0.0350
5p ordinary	Put option	Purchasing	9000	200	American	16/03/2018	0.0200
5p ordinary	Call option	Purchasing	13000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	75000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Writing	9000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Selling	198000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Selling	41000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	20000	210	American	16/03/2018	0.0350
5p ordinary	Call option	Selling	34000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	8000	210	American	16/03/2018	0.0325
5p ordinary	Put option	Selling	8000	200	American	16/03/2018	0.0200
5p ordinary	Call option	Selling	105000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Selling	64000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Selling	35000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Selling	47000	210	American	16/03/2018	0.0375
5p ordinary	Put option	Purchasing	4000	200	American	16/03/2018	0.0200
5p ordinary	Call option	Purchasing	2000	210	American	16/03/2018	0.0350
5p ordinary	Call option	Purchasing	16000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	12000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Writing	4000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	41000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Purchasing	16000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	13000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	29000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Purchasing	12000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Selling	5000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Selling	16000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Selling	7000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	2000	210	American	16/03/2018	0.0325
5p ordinary	Put option	Purchasing	2000	200	American	16/03/2018	0.0200
5p ordinary	Call option	Purchasing	3000	210	American	16/03/2018	0.0350
5p ordinary	Call option	Selling	5000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Selling	7000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Selling	12000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Writing	6000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	7000	210	American	16/03/2018	0.0350
5p ordinary	Call option	Purchasing	33000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	23000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Purchasing	21000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	59000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Purchasing	23000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	49000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Purchasing	23000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	6000	200	American	16/03/2018	0.0200
5p ordinary	Call option	Selling	6000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	1000	210	American	16/03/2018	0.0325
5p ordinary	Call option	Purchasing	2000	210	American	18/05/2018	0.0700
5p ordinary	Call option	Purchasing	1000	210	American	16/03/2018	0.0350
5p ordinary	Call option	Purchasing	1000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	5000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	2000	210	American	16/03/2018	0.0375
5p ordinary	Call option	Purchasing	6000	210	American	20/04/2018	0.0700
5p ordinary	Call option	Purchasing	4000	210	American	20/07/2018	0.1150
5p ordinary	Call option	Purchasing	1000	205	American	16/03/2018	0.0675
5p ordinary	Call option	Purchasing	2000	210	American	20/04/2018	0.0700

(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:	2nd March 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	2,405,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	2,729,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	409,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	1,754,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	559,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	1,164,000	210	American	18/05/2018
5p ordinary	Call option	Purchased	153,000	210	American	18/05/2018
5p ordinary	Put option	Purchased	327,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	371,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	56,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	76,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	158,000	200	American	16/03/2018
5p ordinary	Put option	Purchased	21,000	200	American	16/03/2018
5p ordinary	Call option	Purchased	2,104,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	673,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,308,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,355,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,093,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	17,000	210	American	16/03/2018
5p ordinary	Call option	Written	-327,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,484,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,538,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	1,240,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	21,000	210	American	16/03/2018
5p ordinary	Call option	Written	-371,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	223,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	231,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	186,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	2,000	210	American	16/03/2018
5p ordinary	Call option	Written	-56,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	639,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	304,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	315,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	254,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	3,000	210	American	16/03/2018
5p ordinary	Call option	Written	-76,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	633,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	656,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	529,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	6,000	210	American	16/03/2018
5p ordinary	Call option	Written	-158,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	288,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	84,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	86,000	210	American	16/03/2018
5p ordinary	Call option	Purchased	70,000	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	1,557,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	498,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	968,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	750,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	1,099,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	951,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	165,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	118,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	225,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	179,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	469,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	296,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	213,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	62,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	46,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	3,243,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	3,681,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	552,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	754,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	1,570,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	207,000	210	American	20/07/2018
5p ordinary	Call option	Purchased	1,509,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	483,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	938,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	1,064,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	160,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	218,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	454,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	207,000	210	American	20/04/2018
5p ordinary	Call option	Purchased	60,000	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