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:	14th 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:	33,445,797	0.4083	23,680,031	0.2891
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	25,484,000	0.3111	10,030,000	0.1225
TOTAL:	85,851,906	1.0482	33,710,031	0.4116

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	38,241	1.87790
5p ordinary	CFD	Reducing a short	1,008,295	1.87790
5p ordinary	CFD	Reducing a short	3,093	1.87790
5p ordinary	CFD	Reducing a short	2,473	1.87790
5p ordinary	CFD	Reducing a short	60,521	1.87790
5p ordinary	CFD	Reducing a short	54,203	1.87790
5p ordinary	CFD	Reducing a short	1,955	1.87790
5p ordinary	CFD	Reducing a short	38,362	1.87790
5p ordinary	CFD	Reducing a short	20,814	1.87790
5p ordinary	CFD	Reducing a short	5,163	1.87790
5p ordinary	CFD	Reducing a short	8,980	1.87790
5p ordinary	CFD	Increasing a short	124,066	1.88110
5p ordinary	CFD	Reducing a short	28,593	1.87790
5p ordinary	CFD	Reducing a long	25,322	1.87620
5p ordinary	CFD	Reducing a long	27,449	1.87620
5p ordinary	CFD	Reducing a long	11,800	1.87660
5p ordinary	CFD	Reducing a long	5,700	1.87660
5p ordinary	CFD	Reducing a long	3,800	1.87660
5p ordinary	CFD	Reducing a long	12,400	1.87660
5p ordinary	CFD	Increasing a short	74,652	1.88060
5p ordinary	CFD	Increasing a short	58,778	1.88740
5p ordinary	CFD	Reducing a long	49,160	1.88600
5p ordinary	CFD	Reducing a long	85,298	1.88600
5p ordinary	CFD	Reducing a long	10,600	1.88600
5p ordinary	CFD	Reducing a long	15,357	1.88600
5p ordinary	CFD	Reducing a long	4,412	1.88600
5p ordinary	CFD	Reducing a long	13,374	1.88600
5p ordinary	CFD	Reducing a long	59,745	1.89030
5p ordinary	CFD	Reducing a long	103,667	1.89030
5p ordinary	CFD	Reducing a long	12,881	1.89030
5p ordinary	CFD	Reducing a long	18,663	1.89030
5p ordinary	CFD	Reducing a long	5,360	1.89030
5p ordinary	CFD	Reducing a long	16,253	1.89030
5p ordinary	CFD	Reducing a long	108,907	1.89140
5p ordinary	CFD	Reducing a long	188,967	1.89140
5p ordinary	CFD	Reducing a long	23,480	1.89140
5p ordinary	CFD	Reducing a long	34,019	1.89140
5p ordinary	CFD	Reducing a long	9,771	1.89140
5p ordinary	CFD	Reducing a long	29,627	1.89140
5p ordinary	CFD	Reducing a long	65,344	1.89590
5p ordinary	CFD	Reducing a long	113,381	1.89590
5p ordinary	CFD	Reducing a long	14,088	1.89590
5p ordinary	CFD	Reducing a long	20,411	1.89590
5p ordinary	CFD	Reducing a long	5,862	1.89590
5p ordinary	CFD	Reducing a long	17,776	1.89590
5p ordinary	CFD	Increasing a short	56,583	1.89710
5p ordinary	CFD	Reducing a long	43,564	1.89870
5p ordinary	CFD	Reducing a long	75,588	1.89870
5p ordinary	CFD	Reducing a long	9,391	1.89870
5p ordinary	CFD	Reducing a long	13,607	1.89870
5p ordinary	CFD	Reducing a long	3,908	1.89870
5p ordinary	CFD	Reducing a long	11,850	1.89870
5p ordinary	CFD	Increasing a short	64,981	1.88950
5p ordinary	CFD	Increasing a long	116,722	1.89910
5p ordinary	CFD	Increasing a long	128,809	1.89910
5p ordinary	CFD	Increasing a long	223,501	1.89910
5p ordinary	CFD	Increasing a long	202,012	1.89910
5p ordinary	CFD	Increasing a long	25,166	1.89910
5p ordinary	CFD	Increasing a long	27,771	1.89910
5p ordinary	CFD	Increasing a long	79,720	1.89910
5p ordinary	CFD	Increasing a long	36,460	1.89910
5p ordinary	CFD	Increasing a long	40,235	1.89910
5p ordinary	CFD	Increasing a long	11,555	1.89910
5p ordinary	CFD	Increasing a long	10,477	1.89910
5p ordinary	CFD	Increasing a long	31,359	1.89910
5p ordinary	CFD	Increasing a long	35,039	1.89910
5p ordinary	CFD	Increasing a short	61,414	1.87660
5p ordinary	CFD	Increasing a short	47,185	1.87130
5p ordinary	CFD	Reducing a long	108,908	1.87060
5p ordinary	CFD	Reducing a long	188,969	1.87060
5p ordinary	CFD	Reducing a long	23,480	1.87060
5p ordinary	CFD	Reducing a long	34,018	1.87060
5p ordinary	CFD	Reducing a long	9,770	1.87060
5p ordinary	CFD	Reducing a long	29,626	1.87060
5p ordinary	CFD	Increasing a long	101,422	1.86200
5p ordinary	CFD	Increasing a long	48,856	1.86200
5p ordinary	CFD	Increasing a long	80,371	1.86200
5p ordinary	CFD	Increasing a long	139,417	1.86200
5p ordinary	CFD	Increasing a long	17,325	1.86200
5p ordinary	CFD	Increasing a long	25,107	1.86200
5p ordinary	CFD	Increasing a long	7,179	1.86200
5p ordinary	CFD	Increasing a long	21,588	1.86200
5p ordinary	CFD	Increasing a long	21,601	1.86200
5p ordinary	CFD	Increasing a long	1,428	1.87000
5p ordinary	CFD	Increasing a long	2,469	1.87000
5p ordinary	CFD	Increasing a long	308	1.87000
5p ordinary	CFD	Increasing a long	976	1.87000
5p ordinary	CFD	Increasing a long	447	1.87000
5p ordinary	CFD	Increasing a long	129	1.87000
5p ordinary	CFD	Increasing a long	384	1.87000
5p ordinary	CFD	Increasing a long	45,082	1.87090
5p ordinary	CFD	Increasing a long	78,025	1.87090
5p ordinary	CFD	Increasing a long	9,721	1.87090
5p ordinary	CFD	Increasing a long	30,791	1.87090
5p ordinary	CFD	Increasing a long	14,081	1.87090
5p ordinary	CFD	Increasing a long	4,046	1.87090
5p ordinary	CFD	Increasing a long	12,113	1.87090
5p ordinary	CFD	Increasing a long	29,421	1.87010
5p ordinary	CFD	Increasing a long	50,921	1.87010
5p ordinary	CFD	Increasing a long	6,343	1.87010
5p ordinary	CFD	Increasing a long	20,093	1.87010
5p ordinary	CFD	Increasing a long	9,189	1.87010
5p ordinary	CFD	Increasing a long	2,640	1.87010
5p ordinary	CFD	Increasing a long	7,904	1.87010
5p ordinary	CFD	Increasing a long	85,629	1.85710
5p ordinary	CFD	Increasing a long	148,577	1.85710
5p ordinary	CFD	Increasing a long	18,462	1.85710
5p ordinary	CFD	Increasing a long	26,749	1.85710
5p ordinary	CFD	Increasing a long	7,684	1.85710
5p ordinary	CFD	Increasing a long	23,296	1.85710
5p ordinary	CFD	Increasing a long	2,035	1.85650
5p ordinary	CFD	Increasing a long	3,530	1.85650
5p ordinary	CFD	Increasing a long	438	1.85650
5p ordinary	CFD	Increasing a long	635	1.85650
5p ordinary	CFD	Increasing a long	182	1.85650
5p ordinary	CFD	Increasing a long	553	1.85650
5p ordinary	CFD	Reducing a long	219,856	1.85700
5p ordinary	CFD	Reducing a long	380,509	1.85700
5p ordinary	CFD	Reducing a long	47,405	1.85700
5p ordinary	CFD	Reducing a long	150,161	1.85700
5p ordinary	CFD	Reducing a long	68,676	1.85700
5p ordinary	CFD	Reducing a long	19,734	1.85700
5p ordinary	CFD	Reducing a long	59,070	1.85700
5p ordinary	CFD	Increasing a long	9,741	1.85780
5p ordinary	CFD	Increasing a long	16,903	1.85780
5p ordinary	CFD	Increasing a long	2,100	1.85780
5p ordinary	CFD	Increasing a long	3,042	1.85780
5p ordinary	CFD	Increasing a long	873	1.85780
5p ordinary	CFD	Increasing a long	2,649	1.85780
5p ordinary	CFD	Reducing a long	2,761	1.85550
5p ordinary	CFD	Reducing a long	4,777	1.85550
5p ordinary	CFD	Reducing a long	594	1.85550
5p ordinary	CFD	Reducing a long	1,884	1.85550
5p ordinary	CFD	Reducing a long	861	1.85550
5p ordinary	CFD	Reducing a long	247	1.85550
5p ordinary	CFD	Reducing a long	741	1.85550
5p ordinary	CFD	Reducing a long	485,956	1.85750
5p ordinary	CFD	Reducing a long	843,196	1.85750
5p ordinary	CFD	Reducing a long	104,770	1.85750
5p ordinary	CFD	Reducing a long	151,797	1.85750
5p ordinary	CFD	Reducing a long	43,598	1.85750
5p ordinary	CFD	Reducing a long	132,197	1.85750
5p ordinary	CFD	Reducing a long	189,605	1.85950
5p ordinary	CFD	Reducing a long	328,138	1.85950
5p ordinary	CFD	Reducing a long	40,884	1.85950
5p ordinary	CFD	Reducing a long	124,165	1.85950
5p ordinary	CFD	Reducing a long	59,246	1.85950
5p ordinary	CFD	Reducing a long	17,763	1.85950
5p ordinary	CFD	Reducing a long	51,102	1.85950
5p ordinary	CFD	Reducing a long	275,517	1.86030
5p ordinary	CFD	Reducing a long	478,748	1.86030
5p ordinary	CFD	Reducing a long	59,410	1.86030
5p ordinary	CFD	Reducing a long	86,076	1.86030
5p ordinary	CFD	Reducing a long	25,219	1.86030
5p ordinary	CFD	Reducing a long	75,030	1.86030
5p ordinary	CFD	Reducing a long	509,933	1.86200
5p ordinary	CFD	Reducing a long	886,075	1.86200
5p ordinary	CFD	Reducing a long	109,956	1.86200
5p ordinary	CFD	Reducing a long	159,308	1.86200
5p ordinary	CFD	Reducing a long	46,675	1.86200
5p ordinary	CFD	Reducing a long	138,865	1.86200
5p ordinary	CFD	Increasing a long	5,900	1.82490
5p ordinary	CFD	Increasing a long	10,217	1.82490
5p ordinary	CFD	Increasing a long	1,271	1.82490
5p ordinary	CFD	Increasing a long	1,842	1.82490
5p ordinary	CFD	Increasing a long	513	1.82490
5p ordinary	CFD	Increasing a long	1,602	1.82490
5p ordinary	CFD	Increasing a long	10,286	1.80980
5p ordinary	CFD	Increasing a long	17,809	1.80980
5p ordinary	CFD	Increasing a long	2,216	1.80980
5p ordinary	CFD	Increasing a long	3,211	1.80980
5p ordinary	CFD	Increasing a long	895	1.80980
5p ordinary	CFD	Increasing a long	2,793	1.80980
5p ordinary	CFD	Increasing a long	44,385	1.80770
5p ordinary	CFD	Increasing a long	76,853	1.80770
5p ordinary	CFD	Increasing a long	9,566	1.80770
5p ordinary	CFD	Increasing a long	13,860	1.80770
5p ordinary	CFD	Increasing a long	3,865	1.80770
5p ordinary	CFD	Increasing a long	12,055	1.80770

(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	2	1.95	American	19/01/2018	0.0500
5p ordinary	Call option	Purchasing	2	1.95	American	19/01/2018	0.0525
5p ordinary	Call option	Purchasing	31	1.95	American	19/01/2018	0.0450
5p ordinary	Call option	Purchasing	10	1.95	American	19/01/2018	0.0500
5p ordinary	Call option	Purchasing	8	1.95	American	19/01/2018	0.0525
5p ordinary	Call option	Purchasing	99	1.95	American	19/01/2018	0.0450
5p ordinary	Call option	Purchasing	18	1.95	American	19/01/2018	0.0500
5p ordinary	Call option	Purchasing	14	1.95	American	19/01/2018	0.0525
5p ordinary	Call option	Purchasing	172	1.95	American	19/01/2018	0.0450
5p ordinary	Call option	Purchasing	2	1.95	American	19/01/2018	0.0500
5p ordinary	Call option	Purchasing	1	1.95	American	19/01/2018	0.0525
5p ordinary	Call option	Purchasing	21	1.95	American	19/01/2018	0.0450
5p ordinary	Call option	Purchasing	2	1.7	American	17/11/2017	0.0500
5p ordinary	Call option	Purchasing	2	1.7	American	17/11/2017	0.0525
5p ordinary	Call option	Purchasing	27	1.8	American	17/11/2017	0.0450
5p ordinary	Call option	Purchasing	9	1.8	American	17/11/2017	0.0450

(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:	15th 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	347	1.95	American	19/01/2018
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	402	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	689	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	1,290	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	2,215	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	2,237	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	3,847	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	278	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	476	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	371	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	600	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	115	1.95	American	19/01/2018
5p ordinary	Call Option	Purchased	197	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.

---

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