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:	06th 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:	44,007,916	0.5372	4,248,370	0.0519
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	17,100,000	0.2087	0	0.0000
TOTAL:	88,034,437	1.0747	4,248,370	0.0519

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 long position	8,743	1.9909
5p ordinary	CFD	Increasing a long position	861	1.9892
5p ordinary	CFD	Reducing a long position	219,669	1.9909
5p ordinary	CFD	Reducing a long position	700	1.9901
5p ordinary	CFD	Reducing a short position	2,577	1.9877
5p ordinary	CFD	Reducing a short position	4,936	1.9877
5p ordinary	CFD	Reducing a long position	641	1.9901
5p ordinary	CFD	Reducing a long position	14,136	1.9901
5p ordinary	CFD	Reducing a long position	12,806	1.9901
5p ordinary	CFD	Reducing a long position	421	1.9897
5p ordinary	CFD	Reducing a short position	437	1.9881
5p ordinary	CFD	Reducing a short position	620	1.9881
5p ordinary	CFD	Reducing a long position	8,758	1.9909
5p ordinary	CFD	Reducing a short position	5,442	1.9877
5p ordinary	CFD	Reducing a long position	4,608	1.9901
5p ordinary	CFD	Reducing a long position	1,201	1.9901
5p ordinary	CFD	Reducing a long position	1,870	1.9909
5p ordinary	CFD	Closing a short position	41,515	1.9768
5p ordinary	CFD	Opening a long position	45,652	1.9760
5p ordinary	CFD	Increasing a long position	47,995	1.9814
5p ordinary	CFD	Increasing a long position	65,063	1.9792
5p ordinary	CFD	Increasing a long position	37,288	1.9802
5p ordinary	CFD	Increasing a long position	15,710	1.9818
5p ordinary	CFD	Increasing a long position	13,214	1.9803
5p ordinary	CFD	Reducing a short position	523	1.9881
5p ordinary	CFD	Reducing a long position	5,997	1.9901
5p ordinary	CFD	Increasing a long position	288,426	1.9420
5p ordinary	CFD	Increasing a long position	210,461	1.9892
5p ordinary	CFD	Increasing a long position	72,702	1.9892
5p ordinary	CFD	Increasing a long position	59,119	1.9420
5p ordinary	CFD	Increasing a long position	125,477	1.9420
5p ordinary	CFD	Increasing a long position	142,833	1.9892
5p ordinary	CFD	Increasing a long position	3,231	1.9819
5p ordinary	CFD	Increasing a long position	15,479	1.9407
5p ordinary	CFD	Reducing a short position	3,157	1.9715
5p ordinary	CFD	Increasing a long position	33,311	1.9577
5p ordinary	CFD	Increasing a long position	10,118	1.9380
5p ordinary	CFD	Increasing a long position	151	1.9381
5p ordinary	CFD	Increasing a long position	3,935	1.9817
5p ordinary	CFD	Increasing a long position	9,389	1.9878
5p ordinary	CFD	Increasing a long position	35,730	1.9920
5p ordinary	CFD	Increasing a long position	134,309	1.9848
5p ordinary	CFD	Increasing a long position	101,070	1.9905
5p ordinary	CFD	Increasing a long position	32,429	1.9825
5p ordinary	CFD	Reducing a long position	218	1.9335
5p ordinary	CFD	Increasing a long position	41,183	1.9825
5p ordinary	CFD	Reducing a long position	277	1.9335
5p ordinary	CFD	Increasing a long position	170,827	1.9848
5p ordinary	CFD	Increasing a long position	129,167	1.9905
5p ordinary	CFD	Increasing a long position	11,917	1.9878
5p ordinary	CFD	Increasing a long position	45,353	1.9920
5p ordinary	CFD	Increasing a long position	4,995	1.9817
5p ordinary	CFD	Increasing a long position	42,224	1.9577
5p ordinary	CFD	Increasing a long position	193	1.9381
5p ordinary	CFD	Increasing a long position	12,825	1.9380
5p ordinary	CFD	Reducing a short position	4,012	1.9715
5p ordinary	CFD	Increasing a long position	19,622	1.9407
5p ordinary	CFD	Increasing a long position	4,104	1.9819
5p ordinary	CFD	Increasing a long position	181,684	1.9892
5p ordinary	CFD	Increasing a long position	159,541	1.9420
5p ordinary	CFD	Increasing a long position	23,057	1.9892
5p ordinary	CFD	Increasing a long position	20,204	1.9420
5p ordinary	CFD	Reducing a short position	509	1.9715
5p ordinary	CFD	Increasing a long position	5,283	1.9577
5p ordinary	CFD	Increasing a long position	1,604	1.9380
5p ordinary	CFD	Increasing a long position	23	1.9381
5p ordinary	CFD	Increasing a long position	628	1.9817
5p ordinary	CFD	Increasing a long position	1,500	1.9878
5p ordinary	CFD	Increasing a long position	5,713	1.9920
5p ordinary	CFD	Increasing a long position	2,454	1.9407
5p ordinary	CFD	Increasing a long position	16,410	1.9905
5p ordinary	CFD	Increasing a long position	21,680	1.9848
5p ordinary	CFD	Increasing a long position	522	1.9819
5p ordinary	CFD	Reducing a long position	34	1.9335
5p ordinary	CFD	Increasing a long position	5,241	1.9825
5p ordinary	CFD	Increasing a long position	2,298	1.9817
5p ordinary	CFD	Increasing a long position	5,485	1.9878
5p ordinary	CFD	Increasing a long position	20,881	1.9920
5p ordinary	CFD	Increasing a long position	5,772	1.9380
5p ordinary	CFD	Increasing a long position	85	1.9381
5p ordinary	CFD	Increasing a long position	8,832	1.9407
5p ordinary	CFD	Increasing a long position	19,008	1.9577
5p ordinary	CFD	Increasing a long position	3,700	1.9407
5p ordinary	CFD	Increasing a long position	8,602	1.9920
5p ordinary	CFD	Increasing a long position	2,260	1.9878
5p ordinary	CFD	Increasing a long position	35	1.9381
5p ordinary	CFD	Increasing a long position	947	1.9817
5p ordinary	CFD	Increasing a long position	2,418	1.9380
5p ordinary	CFD	Increasing a long position	7,963	1.9577
5p ordinary	CFD	Reducing a short position	766	1.9715
5p ordinary	CFD	Increasing a long position	784	1.9819
5p ordinary	CFD	Increasing a long position	34,677	1.9892
5p ordinary	CFD	Increasing a long position	30,461	1.9420
5p ordinary	CFD	Increasing a long position	32,612	1.9848
5p ordinary	CFD	Increasing a long position	24,736	1.9905
5p ordinary	CFD	Increasing a long position	7,877	1.9825
5p ordinary	CFD	Reducing a long position	52	1.9335
5p ordinary	CFD	Increasing a long position	12,739	1.9825
5p ordinary	CFD	Reducing a long position	90	1.9335
5p ordinary	CFD	Increasing a long position	46,586	1.9420
5p ordinary	CFD	Increasing a long position	1,268	1.9819
5p ordinary	CFD	Increasing a long position	56,910	1.9892
5p ordinary	CFD	Reducing a short position	1,269	1.9715
5p ordinary	CFD	Increasing a long position	6,082	1.9577
5p ordinary	CFD	Increasing a long position	2,826	1.9407
5p ordinary	CFD	Increasing a long position	1,847	1.9380
5p ordinary	CFD	Increasing a long position	27	1.9381
5p ordinary	CFD	Increasing a long position	1,116	1.9817
5p ordinary	CFD	Increasing a long position	2,663	1.9878
5p ordinary	CFD	Increasing a long position	10,136	1.9920
5p ordinary	CFD	Increasing a long position	53,701	1.9848
5p ordinary	CFD	Increasing a long position	579,173	1.9905
5p ordinary	CFD	Increasing a long position	8,115	1.9905
5p ordinary	CFD	Increasing a long position	8,748	1.9848
5p ordinary	CFD	Increasing a long position	2,346	1.9577
5p ordinary	CFD	Increasing a long position	712	1.9380
5p ordinary	CFD	Increasing a long position	10	1.9381
5p ordinary	CFD	Increasing a long position	265	1.9817
5p ordinary	CFD	Increasing a long position	634	1.9878
5p ordinary	CFD	Increasing a long position	2,416	1.9920
5p ordinary	CFD	Increasing a long position	1,090	1.9407
5p ordinary	CFD	Reducing a short position	201	1.9715
5p ordinary	CFD	Increasing a long position	217	1.9819
5p ordinary	CFD	Reducing a long position	13	1.9335
5p ordinary	CFD	Increasing a long position	29,786	1.9420
5p ordinary	CFD	Increasing a long position	31,614	1.9892
5p ordinary	CFD	Increasing a long position	9,186	1.9892
5p ordinary	CFD	Increasing a long position	8,655	1.9420
5p ordinary	CFD	Increasing a long position	2,181	1.9825
5p ordinary	CFD	Increasing a long position	22,718	1.9905

(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	32,000	205	American	16/03/2018	0.0325
5p Ordinary	Call Option	Purchasing	42,000	205	American	16/03/2018	0.0325
5p Ordinary	Call Option	Purchasing	5,000	205	American	16/03/2018	0.0325
5p Ordinary	Call Option	Purchasing	7,000	205	American	16/03/2018	0.0325
5p Ordinary	Call Option	Purchasing	12,000	205	American	16/03/2018	0.0325

(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:	07th 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	669,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	1,204,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	851,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	153,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	108,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	230,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	161,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	379,000	205	American	16/03/2018
5p ordinary	Call Option	Purchased	268,000	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	43,000	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