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:	09th 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:	26,156,180	0.3194	0	0
(2) Cash-settled derivatives:	38,647,208	0.4719	26,126,120	0.3190
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	25,023,000	0.3055	10,009,000	0.1222
TOTAL:	89,826,388	1.0968	36,135,120	0.4412

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	86,900	1.7644
5p ordinary	Purchase	37,300	1.7644

(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 short position	23,790	1.7637
5p ordinary	CFD	Increasing a short position	24,344	1.7644
5p ordinary	CFD	Increasing a short position	52,176	1.7588
5p ordinary	CFD	Increasing a short position	20,028	1.7545
5p ordinary	CFD	Increasing a short position	18,750	1.7573
5p ordinary	CFD	Increasing a long position	328,194	1.7725
5p ordinary	CFD	Increasing a long position	154,797	1.7725
5p ordinary	CFD	Increasing a long position	68,997	1.7614
5p ordinary	CFD	Increasing a long position	245,572	1.7725
5p ordinary	CFD	Increasing a long position	11,065	1.7614
5p ordinary	CFD	Increasing a long position	84,730	1.7597
5p ordinary	CFD	Increasing a long position	75,693	1.7585
5p ordinary	CFD	Increasing a long position	4,304	1.7553
5p ordinary	CFD	Increasing a long position	16,412	1.7557
5p ordinary	CFD	Increasing a long position	72,154	1.7626
5p ordinary	CFD	Increasing a long position	1,099	1.7640
5p ordinary	CFD	Increasing a long position	1,750	1.7650
5p ordinary	CFD	Increasing a long position	124,149	1.7700
5p ordinary	CFD	Increasing a long position	261	1.7725
5p ordinary	CFD	Increasing a long position	30,923	1.7700
5p ordinary	CFD	Increasing a long position	19,171	1.7614
5p ordinary	CFD	Increasing a long position	146,803	1.7597
5p ordinary	CFD	Increasing a long position	131,145	1.7585
5p ordinary	CFD	Increasing a long position	7,457	1.7553
5p ordinary	CFD	Increasing a long position	28,436	1.7557
5p ordinary	CFD	Increasing a long position	125,014	1.7626
5p ordinary	CFD	Increasing a long position	1,904	1.7640
5p ordinary	CFD	Increasing a long position	3,032	1.7650
5p ordinary	CFD	Increasing a long position	215,101	1.7700
5p ordinary	CFD	Increasing a long position	452	1.7725
5p ordinary	CFD	Increasing a long position	53,578	1.7700
5p ordinary	CFD	Increasing a long position	425,956	1.7725
5p ordinary	CFD	Increasing a long position	110,989	1.7614
5p ordinary	CFD	Increasing a long position	14,856	1.7614
5p ordinary	CFD	Increasing a long position	52,953	1.7725
5p ordinary	CFD	Increasing a long position	2,385	1.7614
5p ordinary	CFD	Increasing a long position	18,264	1.7597
5p ordinary	CFD	Increasing a long position	16,316	1.7585
5p ordinary	CFD	Increasing a long position	927	1.7553
5p ordinary	CFD	Increasing a long position	3,537	1.7557
5p ordinary	CFD	Increasing a long position	15,554	1.7626
5p ordinary	CFD	Increasing a long position	236	1.7640
5p ordinary	CFD	Increasing a long position	377	1.7650
5p ordinary	CFD	Increasing a long position	26,762	1.7700
5p ordinary	CFD	Increasing a long position	56	1.7725
5p ordinary	CFD	Increasing a long position	6,666	1.7700
5p ordinary	CFD	Increasing a long position	3,455	1.7614
5p ordinary	CFD	Increasing a long position	26,465	1.7597
5p ordinary	CFD	Increasing a long position	23,642	1.7585
5p ordinary	CFD	Increasing a long position	1,344	1.7553
5p ordinary	CFD	Increasing a long position	5,126	1.7557
5p ordinary	CFD	Increasing a long position	22,537	1.7626
5p ordinary	CFD	Increasing a long position	343	1.7640
5p ordinary	CFD	Increasing a long position	546	1.7650
5p ordinary	CFD	Increasing a long position	38,779	1.7700
5p ordinary	CFD	Increasing a long position	81	1.7725
5p ordinary	CFD	Increasing a long position	9,659	1.7700
5p ordinary	CFD	Increasing a long position	76,713	1.7725
5p ordinary	CFD	Increasing a long position	21,526	1.7614
5p ordinary	CFD	Increasing a long position	67,286	1.7725
5p ordinary	CFD	Increasing a long position	22,378	1.7725
5p ordinary	CFD	Increasing a long position	6,835	1.7614
5p ordinary	CFD	Increasing a long position	1,007	1.7614
5p ordinary	CFD	Increasing a long position	7,716	1.7597
5p ordinary	CFD	Increasing a long position	6,892	1.7585
5p ordinary	CFD	Increasing a long position	391	1.7553
5p ordinary	CFD	Increasing a long position	1,494	1.7557
5p ordinary	CFD	Increasing a long position	6,571	1.7626
5p ordinary	CFD	Increasing a long position	100	1.7640
5p ordinary	CFD	Increasing a long position	159	1.7650
5p ordinary	CFD	Increasing a long position	11,306	1.7700
5p ordinary	CFD	Increasing a long position	23	1.7725
5p ordinary	CFD	Increasing a long position	2,816	1.7700
5p ordinary	CFD	Increasing a long position	19,766	1.7614
5p ordinary	CFD	Increasing a long position	70,331	1.7725
5p ordinary	CFD	Increasing a long position	3,208	1.7614
5p ordinary	CFD	Increasing a long position	24,573	1.7597
5p ordinary	CFD	Increasing a long position	21,952	1.7585
5p ordinary	CFD	Increasing a long position	1,247	1.7553
5p ordinary	CFD	Increasing a long position	4,759	1.7557
5p ordinary	CFD	Increasing a long position	20,926	1.7626
5p ordinary	CFD	Increasing a long position	318	1.7640
5p ordinary	CFD	Increasing a long position	507	1.7650
5p ordinary	CFD	Increasing a long position	36,006	1.7700
5p ordinary	CFD	Increasing a long position	75	1.7725
5p ordinary	CFD	Increasing a long position	8,968	1.7700
5p ordinary	CFD	Increasing a long position	2,500	1.7651
5p ordinary	CFD	Increasing a long position	1,000	1.7651
5p ordinary	CFD	Increasing a long position	1,300	1.7651

(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:	10th 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
Call Option	Purchased	1,654.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	806.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	1,290.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	2,062.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	2,237.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	3,579.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	278.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	445.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	402.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	644.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	347.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	115.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	186.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	371.00	1.95	American	19/01/2018	Call Option
Call Option	Purchased	598.00	1.95	American	19/01/2018	Call Option
Put Option	Purchased	2,747.00	1.7	American	17/11/2017	Put Option
Put Option	Purchased	4,769.00	1.7	American	17/11/2017	Put Option
Put Option	Purchased	592.00	1.7	American	17/11/2017	Put Option
Put Option	Purchased	858.00	1.7	American	17/11/2017	Put Option
Put Option	Purchased	247.00	1.7	American	17/11/2017	Put Option
Put Option	Purchased	796.00	1.7	American	17/11/2017	Put Option
Put Option	Written	2,747.00	1.8	American	17/11/2017	Put Option
Put Option	Written	4,769.00	1.8	American	17/11/2017	Put Option
Put Option	Written	592.00	1.8	American	17/11/2017	Put Option
Put Option	Written	858.00	1.8	American	17/11/2017	Put Option
Put Option	Written	247.00	1.8	American	17/11/2017	Put Option
Put Option	Written	796.00	1.8	American	17/11/2017	Put Option

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