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:	13th 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:	26,922,109	0.3287	0	0
(2) Cash-settled derivatives:	39,161,435	0.4781	24,463,065	0.2987
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	25,064,000	0.3060	10,030,000	0.1225
TOTAL:	91,147,544	1.1128	34,493,065	0.4211

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 short position	39,626	1.76680
5p ordinary	CFD	Reducing a short position	1,044,786	1.76680
5p ordinary	CFD	Reducing a short position	3,205	1.76630
5p ordinary	CFD	Reducing a short position	2,563	1.76630
5p ordinary	CFD	Reducing a short position	62,711	1.76630
5p ordinary	CFD	Reducing a short position	56,163	1.76630
5p ordinary	CFD	Reducing a short position	2,027	1.76680
5p ordinary	CFD	Reducing a short position	39,751	1.76680
5p ordinary	CFD	Reducing a short position	21,568	1.76630
5p ordinary	CFD	Reducing a short position	5,350	1.76630
5p ordinary	CFD	Reducing a short position	9,304	1.76680
5p ordinary	CFD	Reducing a short position	8,997	1.76460
5p ordinary	CFD	Reducing a short position	20,461	1.76910
5p ordinary	CFD	Reducing a short position	12,914	1.76690
5p ordinary	CFD	Reducing a short position	21,533	1.76580
5p ordinary	CFD	Reducing a short position	23,171	1.75920
5p ordinary	CFD	Reducing a short position	21,296	1.75740
5p ordinary	CFD	Reducing a short position	18,082	1.75810
5p ordinary	CFD	Reducing a short position	44,920	1.76540
5p ordinary	CFD	Reducing a short position	36,068	1.77060
5p ordinary	CFD	Reducing a short position	15,179	1.76560
5p ordinary	CFD	Reducing a short position	18,609	1.76490
5p ordinary	CFD	Reducing a short position	41,649	1.76720
5p ordinary	CFD	Reducing a short position	29,627	1.76630
5p ordinary	CFD	Reducing a long position	2,535	1.76400
5p ordinary	CFD	Reducing a long position	2,535	1.76550
5p ordinary	CFD	Reducing a long position	2,535	1.76680
5p ordinary	CFD	Reducing a long position	27,351	1.76150
5p ordinary	CFD	Reducing a long position	5,006	1.77000
5p ordinary	CFD	Reducing a long position	10,745	1.77000
5p ordinary	CFD	Reducing a long position	50,699	1.77000
5p ordinary	CFD	Reducing a long position	23,622	1.77000
5p ordinary	CFD	Reducing a long position	11,964	1.76680
5p ordinary	CFD	Reducing a long position	11,964	1.76400
5p ordinary	CFD	Reducing a long position	11,964	1.76550
5p ordinary	CFD	Reducing a long position	129,068	1.76150
5p ordinary	CFD	Increasing a long position	16,598	1.76540
5p ordinary	CFD	Increasing a long position	152,718	1.76450
5p ordinary	CFD	Reducing a long position	62,508	1.76150
5p ordinary	CFD	Reducing a long position	5,795	1.76550
5p ordinary	CFD	Reducing a long position	5,794	1.76400
5p ordinary	CFD	Reducing a long position	5,794	1.76680
5p ordinary	CFD	Reducing a long position	11,440	1.77000
5p ordinary	CFD	Reducing a long position	24,553	1.77000
5p ordinary	CFD	Reducing a long position	12,425	1.77000
5p ordinary	CFD	Reducing a long position	5,789	1.77000
5p ordinary	CFD	Reducing a long position	2,931	1.76550
5p ordinary	CFD	Reducing a long position	31,627	1.76150
5p ordinary	CFD	Reducing a long position	2,931	1.76400
5p ordinary	CFD	Reducing a long position	2,931	1.76680
5p ordinary	CFD	Increasing a long position	264,273	1.76450
5p ordinary	CFD	Increasing a long position	27,119	1.76540
5p ordinary	CFD	Increasing a long position	32,923	1.76450
5p ordinary	CFD	Increasing a long position	3,398	1.76540
5p ordinary	CFD	Reducing a long position	39,765	1.77000
5p ordinary	CFD	Reducing a long position	18,530	1.77000
5p ordinary	CFD	Reducing a long position	9,386	1.76680
5p ordinary	CFD	Reducing a long position	9,386	1.76400
5p ordinary	CFD	Reducing a long position	9,385	1.76550
5p ordinary	CFD	Reducing a long position	101,243	1.76150
5p ordinary	CFD	Reducing a long position	175,615	1.76150
5p ordinary	CFD	Reducing a long position	16,280	1.76550
5p ordinary	CFD	Reducing a long position	16,280	1.76400
5p ordinary	CFD	Reducing a long position	16,280	1.76680
5p ordinary	CFD	Reducing a long position	32,141	1.77000
5p ordinary	CFD	Reducing a long position	68,973	1.77000
5p ordinary	CFD	Increasing a long position	4,842	1.76540
5p ordinary	CFD	Increasing a long position	47,697	1.76450
5p ordinary	CFD	Increasing a long position	13,725	1.76450
5p ordinary	CFD	Reducing a long position	8,578	1.77000
5p ordinary	CFD	Reducing a long position	3,996	1.77000
5p ordinary	CFD	Reducing a long position	2,023	1.76680
5p ordinary	CFD	Reducing a long position	2,023	1.76550
5p ordinary	CFD	Reducing a long position	21,831	1.76150
5p ordinary	CFD	Reducing a long position	2,023	1.76400
5p ordinary	CFD	Reducing a long position	2,521	1.76680
5p ordinary	CFD	Reducing a long position	2,521	1.76400
5p ordinary	CFD	Reducing a long position	4,980	1.77000
5p ordinary	CFD	Reducing a long position	27,204	1.76150
5p ordinary	CFD	Reducing a long position	2,521	1.76550
5p ordinary	CFD	Reducing a long position	10,688	1.77000
5p ordinary	CFD	Increasing a long position	12	1.76540
5p ordinary	CFD	Reducing a long position	62,246	1.75820
5p ordinary	CFD	Reducing a long position	53,834	1.76610
5p ordinary	CFD	Reducing a long position	580	1.76050
5p ordinary	CFD	Reducing a long position	843	1.76400
5p ordinary	CFD	Reducing a long position	843	1.76680
5p ordinary	CFD	Reducing a long position	9,096	1.76150
5p ordinary	CFD	Reducing a long position	843	1.76550
5p ordinary	CFD	Reducing a long position	1,665	1.77000
5p ordinary	CFD	Reducing a long position	3,574	1.77000
5p ordinary	CFD	Reducing a long position	3,574	1.76700
5p ordinary	CFD	Reducing a long position	3,574	1.75760
5p ordinary	CFD	Increasing a long position	41,037	1.76450
5p ordinary	CFD	Increasing a long position	586	1.76540
5p ordinary	CFD	Reducing a long position	17,600	1.76580
5p ordinary	CFD	Reducing a long position	8,600	1.76580
5p ordinary	CFD	Reducing a long position	5,700	1.76580
5p ordinary	CFD	Reducing a long position	19,800	1.76580

(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	11	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	25	1.95	American	19/01/2018	0.0150
5p ordinary	Call option	Purchasing	19	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	45	1.95	American	19/01/2018	0.0150
5p ordinary	Call option	Purchasing	5	1.95	American	19/01/2018	0.0150
5p ordinary	Call option	Purchasing	2	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	3	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	7	1.95	American	19/01/2018	0.0150
5p ordinary	Call option	Purchasing	2	1.95	American	19/01/2018	0.0150
5p ordinary	Call option	Selling	37	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	2	1.95	American	19/01/2018	0.0125
5p ordinary	Call option	Purchasing	6	1.95	American	19/01/2018	0.0150
5p ordinary	Put option	Selling	10	1.7	American	17/11/2017	0.0075
5p ordinary	Put option	Selling	39	1.7	American	17/11/2017	0.0050
5p ordinary	Put option	Writing	6	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	14	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	24	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	11	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	3	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	1	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	1	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	4	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	1	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Selling	49	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	4	1.8	American	17/11/2017	0.0400
5p ordinary	Put option	Writing	1	1.8	American	17/11/2017	0.0400

(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:	14th 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	1,654	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	806	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	1,290	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	2,098	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	2,237	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	3,643	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	278	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	452	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	402	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	654	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	347	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	115	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	188	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	371	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	569	1.95	American	19/01/2018
5p ordinary	Put Option	Purchased	2,747	1.7	American	17/11/2017
5p ordinary	Put Option	Purchased	4,769	1.7	American	17/11/2017
5p ordinary	Put Option	Purchased	592	1.7	American	17/11/2017
5p ordinary	Put Option	Purchased	858	1.7	American	17/11/2017
5p ordinary	Put Option	Purchased	247	1.7	American	17/11/2017
5p ordinary	Put Option	Purchased	747	1.7	American	17/11/2017
5p ordinary	Put Option	Written	2,767	1.8	American	17/11/2017
5p ordinary	Put Option	Written	4,804	1.8	American	17/11/2017
5p ordinary	Put Option	Written	596	1.8	American	17/11/2017
5p ordinary	Put Option	Written	863	1.8	American	17/11/2017
5p ordinary	Put Option	Written	248	1.8	American	17/11/2017
5p ordinary	Put Option	Written	752	1.8	American	17/11/2017

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