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:	2nd 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:	26,683,192	0.3251	0	0.0000
(2) Cash-settled derivatives:	35,301,971	0.4301	4,348,269	0.0530
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	47,272,000	0.5759	2,018,000	0.0246
TOTAL:	109,257,163	1.3310	6,366,269	0.0776

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	Sale	473,429	2.0200

(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	23,167	2.0686
5p ordinary	CFD	Reducing a long position	8,797	2.0471
5p ordinary	CFD	Reducing a long position	45,513	2.0497
5p ordinary	CFD	Reducing a long position	37,289	2.0576
5p ordinary	CFD	Increasing a long position	11,226	2.0609
5p ordinary	CFD	Reducing a long position	47,437	2.0509
5p ordinary	CFD	Reducing a short position	13,597	2.0457
5p ordinary	CFD	Increasing a long position	237,750	2.0679
5p ordinary	CFD	Increasing a long position	79,394	2.0679
5p ordinary	CFD	Reducing a short position	26,776	2.0659
5p ordinary	CFD	Reducing a short position	26,776	2.0655
5p ordinary	CFD	Increasing a long position	161,558	2.0679
5p ordinary	CFD	Increasing a long position	62,657	2.0207
5p ordinary	CFD	Increasing a long position	71,377	2.0207
5p ordinary	CFD	Increasing a long position	183,293	2.0679
5p ordinary	CFD	Reducing a short position	60,048	2.0659
5p ordinary	CFD	Reducing a short position	60,047	2.0655
5p ordinary	CFD	Reducing a short position	2,449	2.0659
5p ordinary	CFD	Increasing a long position	27,533	2.0679
5p ordinary	CFD	Reducing a short position	2,450	2.0655
5p ordinary	CFD	Increasing a long position	10,680	2.0207
5p ordinary	CFD	Increasing a long position	219,836	2.0207
5p ordinary	CFD	Increasing a long position	14,662	2.0207
5p ordinary	CFD	Increasing a long position	37,555	2.0679
5p ordinary	CFD	Reducing a short position	8,471	2.0659
5p ordinary	CFD	Reducing a short position	8,471	2.0655
5p ordinary	CFD	Increasing a long position	75,085	2.0679
5p ordinary	CFD	Increasing a long position	27,905	2.0207
5p ordinary	CFD	Increasing a long position	2,013	2.0207
5p ordinary	CFD	Reducing a short position	2,256	2.0655
5p ordinary	CFD	Reducing a short position	2,256	2.0659
5p ordinary	CFD	Increasing a long position	33,964	2.0679
5p ordinary	CFD	Increasing a long position	7,615	2.0679

(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	9,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	10,000	205	American	16/03/2018	0.06750
5p ordinary	Call option	Purchasing	12,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	12,000	205	American	16/03/2018	0.06750
5p ordinary	Call option	Purchasing	2,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	1,000	205	American	16/03/2018	0.06750
5p ordinary	Call option	Purchasing	2,000	205	American	16/03/2018	0.06750
5p ordinary	Call option	Purchasing	2,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	4,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	4,000	205	American	16/03/2018	0.06750
5p ordinary	Call option	Purchasing	1,000	205	American	16/03/2018	0.06000
5p ordinary	Call option	Purchasing	1,000	205	American	16/03/2018	0.06750

(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:	5th 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	769,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	1,099,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	975,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	165,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	121,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	225,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	183,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	469,000	205	American	16/03/2018
5p ordinary	Call option	Purchased	304,000	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	48,000	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