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:	01st November 2017
(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:	23,555,901	0.2876	0	0
(2) Cash-settled derivatives:	37,085,420	0.4528	23,853,922	0.2913
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	25,023,000	0.3055	10,009,000	0.1222
TOTAL:	85,664,321	1.0459	33,862,922	0.4135

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	Purchase	18,000	1.7874
5p ordinary	Purchase	30,900	1.7874
5p ordinary	Purchase	11,600	1.7874
5p ordinary	Purchase	31,300	1.7874
5p ordinary	Purchase	12,700	1.7874
5p ordinary	Purchase	3,700	1.7874

(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	18,300	1.7887
5p ordinary	CFD	Reducing a long position	3,700	1.7874
5p ordinary	CFD	Reducing a long position	6,300	1.7887
5p ordinary	CFD	Reducing a long position	5,800	1.7887
5p ordinary	CFD	Reducing a long position	19,300	1.7887
5p ordinary	CFD	Reducing a short position	222	1.7874
5p ordinary	CFD	Increasing a short position	1,224	1.7855
5p ordinary	CFD	Reducing a short position	1,452	1.7858
5p ordinary	CFD	Reducing a short position	1,458	1.7955
5p ordinary	CFD	Reducing a short position	2,108	1.7955
5p ordinary	CFD	Increasing a short position	2,930	1.7849
5p ordinary	CFD	Reducing a short position	18,567	1.7858
5p ordinary	CFD	Reducing a short position	330	1.7858
5p ordinary	CFD	Increasing a short position	16,306	1.7834
5p ordinary	CFD	Increasing a short position	918	1.7855
5p ordinary	CFD	Increasing a short position	1,290	1.7841
5p ordinary	CFD	Reducing a short position	2,240	1.7847
5p ordinary	CFD	Increasing a short position	9,927	1.7855
5p ordinary	CFD	Increasing a short position	3,611	1.7954
5p ordinary	CFD	Reducing a short position	4,328	1.7858
5p ordinary	CFD	Increasing a short position	6,363	1.7849
5p ordinary	CFD	Reducing a short position	1,847	1.7874
5p ordinary	CFD	Reducing a short position	9,623	1.7959
5p ordinary	CFD	Reducing a short position	67,965	1.7822
5p ordinary	CFD	Reducing a short position	29,398	1.7933
5p ordinary	CFD	Reducing a short position	34,459	1.7939
5p ordinary	CFD	Reducing a short position	46,421	1.7965
5p ordinary	CFD	Reducing a short position	35,095	1.7968
5p ordinary	CFD	Reducing a short position	33,637	1.7937
5p ordinary	CFD	Reducing a short position	130,325	1.7845
5p ordinary	CFD	Reducing a short position	78,687	1.7773
5p ordinary	CFD	Reducing a short position	61,779	1.7776
5p ordinary	CFD	Reducing a short position	59,456	1.7827
5p ordinary	CFD	Reducing a short position	48,557	1.7861
5p ordinary	CFD	Increasing a short position	905	1.7841
5p ordinary	CFD	Increasing a short position	5,384	1.7849
5p ordinary	CFD	Reducing a long position	45,312	1.8065
5p ordinary	CFD	Reducing a long position	4,459	1.7945
5p ordinary	CFD	Increasing a long positon	59,750	1.7854
5p ordinary	CFD	Reducing a long position	22,059	1.8065
5p ordinary	CFD	Increasing a long positon	12,584	1.7854
5p ordinary	CFD	Reducing a long position	2,172	1.7945
5p ordinary	CFD	Reducing a long position	35,203	1.8065
5p ordinary	CFD	Reducing a long position	3,465	1.7945
5p ordinary	CFD	Increasing a long positon	2,301	1.7854
5p ordinary	CFD	Increasing a long positon	818	1.7844
5p ordinary	CFD	Reducing a long position	139,533	1.7975
5p ordinary	CFD	Reducing a long position	244,648	1.7841
5p ordinary	CFD	Increasing a long positon	5,080	1.7871
5p ordinary	CFD	Increasing a long positon	11,853	1.7844
5p ordinary	CFD	Increasing a long positon	505,052	1.7841
5p ordinary	CFD	Increasing a long positon	837,926	1.7871
5p ordinary	CFD	Increasing a long positon	298,688	1.7975
5p ordinary	CFD	Reducing a long position	61,095	1.8065
5p ordinary	CFD	Reducing a long position	6,014	1.7945
5p ordinary	CFD	Increasing a long positon	165,418	1.7854
5p ordinary	CFD	Reducing a long position	7,590	1.8065
5p ordinary	CFD	Reducing a long position	747	1.7945
5p ordinary	CFD	Reducing a long position	473	1.7854
5p ordinary	CFD	Reducing a long position	58,338	1.7841
5p ordinary	CFD	Reducing a long position	3,112	1.7867
5p ordinary	CFD	Increasing a long positon	115	1.7844
5p ordinary	CFD	Reducing a long position	33,221	1.7975
5p ordinary	CFD	Reducing a long position	79,469	1.7841
5p ordinary	CFD	Reducing a long position	1,647	1.7867
5p ordinary	CFD	Increasing a long positon	222	1.7844
5p ordinary	CFD	Reducing a long position	45,223	1.7975
5p ordinary	CFD	Reducing a long position	10,996	1.8065
5p ordinary	CFD	Reducing a long position	1,082	1.7945
5p ordinary	CFD	Increasing a long positon	179	1.7854
5p ordinary	CFD	Reducing a long position	17,620	1.7975
5p ordinary	CFD	Reducing a long position	9,530	1.8065
5p ordinary	CFD	Reducing a long position	937	1.7945
5p ordinary	CFD	Reducing a long position	1,529	1.7854
5p ordinary	CFD	Reducing a long position	3,169	1.8065
5p ordinary	CFD	Reducing a long position	311	1.7945
5p ordinary	CFD	Reducing a long position	936	1.7854
5p ordinary	CFD	Increasing a long positon	47	1.7844
5p ordinary	CFD	Reducing a long position	3,669	1.7867
5p ordinary	CFD	Reducing a long position	24,037	1.7841
5p ordinary	CFD	Reducing a long position	63,091	1.7975
5p ordinary	CFD	Reducing a long position	10,081	1.8065
5p ordinary	CFD	Reducing a long position	992	1.7945
5p ordinary	CFD	Reducing a long position	3,782	1.7854
5p ordinary	CFD	Increasing a long positon	95	1.7844
5p ordinary	CFD	Reducing a long position	37,262	1.7867
5p ordinary	CFD	Reducing a long position	83,914	1.7841
5p ordinary	CFD	Reducing a long position	828	1.7867

(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	Sellling	Selling	165	1.95	American	19/01/2018	0.0175
5p ordinary	Purchasing	Varying	221	1.7	American	17/11/2017	0.0075
5p ordinary	Purchasing	Varying	221	1.8	American	17/11/2017	0.0375
5p ordinary	Selling	Varying	14	1.95	American	19/01/2018	0.02
5p ordinary	Selling	Varying	330	1.95	American	19/01/2018	0.0175
5p ordinary	Selling	Varying	457	1.7	American	17/11/2017	0.0075
5p ordinary	Selling	Varying	13	1.8	American	17/11/2017	0.04
5p ordinary	Selling	Varying	444	1.8	American	17/11/2017	0.0375
5p ordinary	Purchasing	Varying	39	1.95	American	19/01/2018	0.0175
5p ordinary	Selling	Varying	53	1.7	American	17/11/2017	0.0075
5p ordinary	Selling	Varying	53	1.8	American	17/11/2017	0.0375
5p ordinary	Selling	Varying	54	1.95	American	19/01/2018	0.0175
5p ordinary	Selling	Varying	72	1.7	American	17/11/2017	0.0075
5p ordinary	Purchasing	Varying	72	1.8	American	17/11/2017	0.0375
5p ordinary	Selling	Varying	16	1.95	American	19/01/2018	0.0175
5p ordinary	Selling	Varying	22	1.7	American	17/11/2017	0.0075
5p ordinary	Purchasing	Varying	22	1.8	American	17/11/2017	0.0375
5p ordinary	Purchasing	Varying	56	1.95	American	19/01/2018	0.0175
5p ordinary	Purchasing	Varying	76	1.7	American	17/11/2017	0.0075
5p ordinary	Purchasing	Varying	76	1.8	American	17/11/2017	0.0375

(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:	02nd November 2017
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	1,580.00	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	835.00	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	1,397.00	1.95	American	19/01/2018
5p ordinary	Put Option	Written	2,062.00	1.95	American	19/01/2018
5p ordinary	Put Option	Purchased	2,747.00	1.7	American	17/11/2017
5p ordinary	Put Option	Written	2,747.00	1.8	American	17/11/2017
5p ordinary	Call Option	Purchased	2,030.00	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	3,579.00	1.95	American	19/01/2018
5p ordinary	Put Option	Purchased	4,769.00	1.7	American	17/11/2017
5p ordinary	Put Option	Written	4,769.00	1.8	American	17/11/2017
5p ordinary	Call Option	Purchased	304.00	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	445.00	1.95	American	19/01/2018
5p ordinary	Put Option	Purchased	592.00	1.7	American	17/11/2017
5p ordinary	Put Option	Written	592.00	1.8	American	17/11/2017
5p ordinary	Call Option	Purchased	438.00	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	644.00	1.95	American	19/01/2018
5p ordinary	Put Option	Purchased	858.00	1.7	American	17/11/2017
5p ordinary	Put Option	Written	858.00	1.8	American	17/11/2017
5p ordinary	Call Option	Purchased	378.00	1.95	American	19/01/2018

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