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:	05th February 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:	26,926,521	0.3287	0	0.0000
(2) Cash-settled derivatives:	40,733,043	0.4972	4,314,334	0.0527
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	17,000,000	0.2075	0	0.0000
TOTAL:	84,659,564	1.0335	4,314,334	0.0527

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	22,069	2.0143
5p ordinary	CFD	Reducing a short position	10,189	2.0097
5p ordinary	CFD	Reducing a short position	5,446	2.0053
5p ordinary	CFD	Reducing a short position	13,162	2.0085
5p ordinary	CFD	Reducing a short position	4,026	2.0040
5p ordinary	CFD	Reducing a short position	8,690	1.9997
5p ordinary	CFD	Reducing a short position	15,029	1.9938
5p ordinary	CFD	Reducing a short position	27,645	1.9885
5p ordinary	CFD	Reducing a short position	36,851	1.9933
5p ordinary	CFD	Reducing a short position	28,790	1.9950
5p ordinary	CFD	Reducing a short position	43,321	1.9881
5p ordinary	CFD	Increasing a long position	51,345	1.9887
5p ordinary	CFD	Reducing a long position	645,364	2.0160
5p ordinary	CFD	Reducing a long position	114,316	2.0160
5p ordinary	CFD	Increasing a long position	92,178	1.9959
5p ordinary	CFD	Reducing a long position	1,156,663	1.9870
5p ordinary	CFD	Reducing a long position	1,569	1.9893
5p ordinary	CFD	Reducing a long position	14,418	1.9891
5p ordinary	CFD	Reducing a long position	89,519	1.9888
5p ordinary	CFD	Reducing a long position	175,210	1.9875
5p ordinary	CFD	Reducing a long position	411,260	2.0160
5p ordinary	CFD	Increasing a long position	31,835	2.0159
5p ordinary	CFD	Increasing a long position	31,835	2.0160
5p ordinary	CFD	Increasing a long position	31,834	2.0102
5p ordinary	CFD	Reducing a long position	269,955	2.0160
5p ordinary	CFD	Increasing a long position	21,237	1.9840
5p ordinary	CFD	Increasing a long position	411	1.9835
5p ordinary	CFD	Reducing a long position	7,925	2.0040
5p ordinary	CFD	Increasing a long position	35,622	1.9860
5p ordinary	CFD	Reducing a long position	343,082	2.0160
5p ordinary	CFD	Increasing a long position	26,990	1.9840
5p ordinary	CFD	Increasing a long position	523	1.9835
5p ordinary	CFD	Reducing a long position	10,096	2.0040
5p ordinary	CFD	Increasing a long position	45,245	1.9860
5p ordinary	CFD	Increasing a long position	40,458	2.0159
5p ordinary	CFD	Increasing a long position	40,458	2.0160
5p ordinary	CFD	Increasing a long position	40,459	2.0102
5p ordinary	CFD	Reducing a long position	523,153	2.0160
5p ordinary	CFD	Reducing a long position	1,469,817	1.9870
5p ordinary	CFD	Increasing a long position	113,720	1.9959
5p ordinary	CFD	Reducing a long position	2,000	1.9893
5p ordinary	CFD	Reducing a long position	18,374	1.9891
5p ordinary	CFD	Reducing a long position	114,086	1.9888
5p ordinary	CFD	Reducing a long position	223,295	1.9875
5p ordinary	CFD	Reducing a long position	186,575	1.9870
5p ordinary	CFD	Increasing a long position	14,520	1.9959
5p ordinary	CFD	Reducing a long position	253	1.9893
5p ordinary	CFD	Reducing a long position	2,333	1.9891
5p ordinary	CFD	Reducing a long position	14,486	1.9888
5p ordinary	CFD	Reducing a long position	28,353	1.9875
5p ordinary	CFD	Reducing a long position	66,388	2.0160
5p ordinary	CFD	Reducing a long position	43,556	2.0160
5p ordinary	CFD	Increasing a long position	3,426	1.9840
5p ordinary	CFD	Increasing a long position	66	1.9835
5p ordinary	CFD	Reducing a long position	1,280	2.0040
5p ordinary	CFD	Increasing a long position	5,746	1.9860
5p ordinary	CFD	Increasing a long position	5,136	2.0159
5p ordinary	CFD	Increasing a long position	5,136	2.0160
5p ordinary	CFD	Increasing a long position	5,136	2.0102
5p ordinary	CFD	Reducing a long position	381	1.9893
5p ordinary	CFD	Reducing a long position	3,506	1.9891
5p ordinary	CFD	Reducing a long position	21,770	1.9888
5p ordinary	CFD	Reducing a long position	42,611	1.9875
5p ordinary	CFD	Reducing a long position	280,702	1.9870
5p ordinary	CFD	Increasing a long position	21,757	1.9959
5p ordinary	CFD	Reducing a long position	99,853	2.0160
5p ordinary	CFD	Reducing a long position	65,526	2.0160
5p ordinary	CFD	Increasing a long position	5,154	1.9840
5p ordinary	CFD	Increasing a long position	99	1.9835
5p ordinary	CFD	Reducing a long position	1,924	2.0040
5p ordinary	CFD	Increasing a long position	8,643	1.9860
5p ordinary	CFD	Increasing a long position	7,727	2.0159
5p ordinary	CFD	Increasing a long position	7,727	2.0160
5p ordinary	CFD	Increasing a long position	7,727	2.0102
5p ordinary	CFD	Reducing a long position	167,768	2.0160
5p ordinary	CFD	Increasing a short position	108,621	2.0160
5p ordinary	CFD	Reducing a short position	8,545	1.9840
5p ordinary	CFD	Reducing a short position	165	1.9835
5p ordinary	CFD	Reducing a long position	3,318	2.0040
5p ordinary	CFD	Increasing a long position	13,807	1.9860
5p ordinary	CFD	Reducing a short position	12,809	2.0159
5p ordinary	CFD	Reducing a short position	12,809	2.0160
5p ordinary	CFD	Reducing a short position	12,809	2.0102
5p ordinary	CFD	Increasing a long position	533,541	1.9959
5p ordinary	CFD	Reducing a long position	592,467	1.9870
5p ordinary	CFD	Reducing a long position	73,776	1.9870
5p ordinary	CFD	Increasing a long position	6,399	1.9959
5p ordinary	CFD	Reducing a long position	102	1.9893
5p ordinary	CFD	Reducing a long position	942	1.9891
5p ordinary	CFD	Reducing a long position	5,852	1.9888
5p ordinary	CFD	Reducing a long position	11,455	1.9875
5p ordinary	CFD	Reducing a long position	66,268	2.0160
5p ordinary	CFD	Increasing a long position	2,035	2.0159
5p ordinary	CFD	Increasing a long position	2,035	2.0160
5p ordinary	CFD	Increasing a long position	2,035	2.0102
5p ordinary	CFD	Reducing a long position	25,630	2.0160
5p ordinary	CFD	Reducing a long position	17,260	2.0160
5p ordinary	CFD	Increasing a long position	1,358	1.9840
5p ordinary	CFD	Increasing a long position	26	1.9835
5p ordinary	CFD	Reducing a long position	490	2.0040
5p ordinary	CFD	Increasing a long position	2,309	1.9860
5p ordinary	CFD	Increasing a long position	17,730	1.9959

(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	588,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	747,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	212,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	272,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	415,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	531,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	357,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	280,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	527,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	677,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	356,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	453,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	46,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	57,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	68,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	85,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	86,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	68,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	128,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	102,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	113,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	143,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	167,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	212,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	22,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	19,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	27,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	34,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	92,000	205	American	16/03/2018	0.0425
5p Ordinary	Call Option	Purchasing	116,000	205	American	16/03/2018	0.0450
5p Ordinary	Call Option	Purchasing	1,401,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	1,783,000	210	American	20/07/2018	0.0800
5p Ordinary	Call Option	Purchasing	1,781,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	2,264,000	210	American	20/07/2018	0.0800
5p Ordinary	Call Option	Purchasing	225,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	288,000	210	American	20/07/2018	0.0800
5p Ordinary	Call Option	Purchasing	340,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	433,000	210	American	20/07/2018	0.0800
5p Ordinary	Call Option	Purchasing	718,000	210	American	20/07/2018	0.0800
5p Ordinary	Call Option	Purchasing	564,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	89,000	210	American	20/07/2018	0.0775
5p Ordinary	Call Option	Purchasing	114,000	210	American	20/07/2018	0.0800

(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:	06th February 2018
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	3,184,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	4,045,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	513,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	773,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	1,282,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	203,000	210	American	20/07/2018
5p ordinary	Call Option	Purchased	1,335,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	484,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	946,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	637,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	1,204,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	809,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	153,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	103,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	230,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	154,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	379,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	256,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	208,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	61,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	41,000	205	American	16/03/2018

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