Société Générale — Major Shareholding Notification 2020

Oct 16, 2020

National Storage Mechanism | Additional information

RNS Number : 3272C

Societe Generale SA

16 October 2020

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:	Société Générale S.A.
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	TalkTalk Telecom Group plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	15/10/2020
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	NO

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	Ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	10,152,100	0.89	5,769,456	0.50
(2) Cash-settled derivatives:	1,559,323	0.14	11,692,840	1.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	11,711,423	1.02	17,462,296	1.52

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 GBP
Ordinary	Purchase	2	0.978
Ordinary	Purchase	7	0.9795
Ordinary	Purchase	11	0.9795
Ordinary	Purchase	4	0.9795
Ordinary	Purchase	1,036	0.984
Ordinary	Purchase	2,084	0.984
Ordinary	Purchase	1,733	0.979
Ordinary	Purchase	2,698	0.9815
Ordinary	Purchase	59	0.983
Ordinary	Purchase	157	0.98
Ordinary	Purchase	1,550	0.981
Ordinary	Purchase	1,884	0.981
Ordinary	Purchase	251	0.979
Ordinary	Purchase	230	0.982
Ordinary	Purchase	333	0.982
Ordinary	Purchase	213	0.9795
Ordinary	Purchase	711	0.9815
Ordinary	Purchase	724	0.9805
Ordinary	Purchase	213	0.9815
Ordinary	Purchase	670	0.98
Ordinary	Purchase	364	0.982
Ordinary	Purchase	709	0.98
Ordinary	Purchase	560	0.982
Ordinary	Purchase	325	0.982
Ordinary	Purchase	586	0.978
Ordinary	Purchase	322	0.9805
Ordinary	Purchase	645	0.9805
Ordinary	Purchase	438	0.9795
Ordinary	Purchase	227	0.9815
Ordinary	Purchase	116	0.979
Ordinary	Purchase	153	0.981
Ordinary	Purchase	859	0.983
Ordinary	Purchase	87	0.981
Ordinary	Purchase	212	0.978
Ordinary	Purchase	359	0.9795
Ordinary	Purchase	640	0.9815
Ordinary	Purchase	710	0.9795
Ordinary	Purchase	599	0.981
Ordinary	Purchase	364	0.983
Ordinary	Purchase	489	0.984
Ordinary	Purchase	268	0.9815
Ordinary	Purchase	559	0.981
Ordinary	Purchase	277	0.982
Ordinary	Purchase	642	0.979
Ordinary	Purchase	612	0.983
Ordinary	Purchase	11	0.98
Ordinary	Purchase	985	0.982
Ordinary	Purchase	327	0.9835
Ordinary	Purchase	340	0.9795
Ordinary	Purchase	775	0.98
Ordinary	Purchase	845	0.9785
Ordinary	Purchase	894	0.981
Ordinary	Purchase	477	0.9805
Ordinary	Purchase	235	0.9815
Ordinary	Purchase	350	0.9805
Ordinary	Purchase	63	0.9805
Ordinary	Purchase	660	0.9825
Ordinary	Purchase	346	0.9845
Ordinary	Purchase	1,843	0.98
Ordinary	Purchase	196	0.9795
Ordinary	Purchase	317	0.9795
Ordinary	Purchase	234	0.9785
Ordinary	Purchase	1,417	0.9805
Ordinary	Purchase	1,243	0.9805
Ordinary	Purchase	194	0.978
Ordinary	Purchase	152	0.9825
Ordinary	Purchase	415	0.983
Ordinary	Purchase	144	0.983
Ordinary	Purchase	108	0.983
Ordinary	Purchase	381	0.979
Ordinary	Purchase	130	0.978
Ordinary	Purchase	75	0.983
Ordinary	Purchase	415	0.983
Ordinary	Purchase	6	0.9805
Ordinary	Purchase	327	0.9805
Ordinary	Purchase	3,802	0.979000526
Ordinary	Purchase	111	0.9825
Ordinary	Purchase	35	0.979
Ordinary	Purchase	65	0.979
Ordinary	Purchase	313	0.9795
Ordinary	Purchase	190	0.9795
Ordinary	Sale	11,910	0.9775
Ordinary	Sale	5,534	0.9775
Ordinary	Sale	191,206	0.981419
	Total Purchases	44,113
	Total Sales	208,650

(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
Ordinary	CFD	Reducing a long position	26,666	0.980846
Ordinary	CFD	Reducing a short position	191,206	0.981419

(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 GBP

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit GBP

(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) GBP

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"

(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"

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?	NO

###### Date of disclosure:	16/10/2020
###### Contact name:	Paul Jenkins
###### Telephone number*:	+44 20 7676 6969

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.sss

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