Société Générale — Major Shareholding Notification 2020

Nov 6, 2020

National Storage Mechanism | Additional information

RNS Number : 5264E

Societe Generale SA

06 November 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	RSA Insurance 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	05/11/2020
(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:	23,639,640	2.28	404,389	0.04
(2) Cash-settled derivatives:	387,945	0.04	6,282,666	0.61
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	24,027,585	2.32	6,687,055	0.65

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	1,278	4.432
Ordinary	Purchase	1,193	4.509
Ordinary	Purchase	1,245	4.502
Ordinary	Purchase	1,119	4.521
Ordinary	Purchase	121	4.465
Ordinary	Purchase	337	4.465
Ordinary	Purchase	1,055	4.483
Ordinary	Purchase	51	4.533
Ordinary	Purchase	1,278	4.432
Ordinary	Purchase	271	4.539
Ordinary	Purchase	425	4.539
Ordinary	Purchase	98	4.489
Ordinary	Purchase	1,170	4.509
Ordinary	Purchase	829	4.44
Ordinary	Purchase	2,084	4.513
Ordinary	Purchase	2,173	4.432
Ordinary	Purchase	500	4.489
Ordinary	Purchase	2,028	4.49
Ordinary	Purchase	472	4.49
Ordinary	Purchase	1,016	4.49
Ordinary	Purchase	168	4.43
Ordinary	Purchase	1,246	4.432
Ordinary	Purchase	1,444	4.531
Ordinary	Purchase	500	4.53
Ordinary	Purchase	2,113	4.506
Ordinary	Purchase	1,000	4.65
Ordinary	Purchase	1,500	4.54
Ordinary	Purchase	2,650	4.435
Ordinary	Purchase	490	4.437
Ordinary	Purchase	1,763	4.503
Ordinary	Purchase	2,172	4.581
Ordinary	Purchase	1,171	4.509
Ordinary	Purchase	925	4.533
Ordinary	Purchase	47	4.533
Ordinary	Purchase	1,270	4.465
Ordinary	Purchase	836	4.494
Ordinary	Purchase	511	4.555
Ordinary	Purchase	1,230	4.432
Ordinary	Purchase	327	4.502
Ordinary	Purchase	1,228	4.465
Ordinary	Purchase	568	4.509
Ordinary	Purchase	4,011	4.5
Ordinary	Purchase	30,000	6.700603
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
Ordinary	Sale	900	7.168
Ordinary	Sale	900	7.168
Ordinary	Sale	1,000	7.168
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
Ordinary	Sale	545	4.516
Ordinary	Sale	642	4.523
Ordinary	Sale	584	4.484
Ordinary	Sale	1,272	4.537
Ordinary	Sale	690	4.522
Ordinary	Sale	2,135	6.7
Ordinary	Sale	8,764	6.7
Ordinary	Sale	36,164	6.7
Ordinary	Sale	44	4.476
Ordinary	Sale	1,200	4.516
Ordinary	Sale	503	4.516
Ordinary	Sale	269	4.527
Ordinary	Sale	135	4.527
Ordinary	Sale	173	4.524
Ordinary	Sale	597	4.523
Ordinary	Sale	1,098	4.501
Ordinary	Sale	678	4.684
Ordinary	Sale	430	4.483
Ordinary	Sale	274	4.483
Ordinary	Sale	227	4.532
Ordinary	Sale	1,618	4.532
Ordinary	Sale	87	4.532
Ordinary	Sale	1,270	4.537
Ordinary	Sale	748	4.522
Ordinary	Sale	507	4.527
Ordinary	Sale	970	4.527
Ordinary	Sale	138	4.466
Ordinary	Sale	390	4.466
Ordinary	Sale	630	4.466
Ordinary	Sale	575	4.527
Ordinary	Sale	66	4.527
Ordinary	Sale	60	4.527
Ordinary	Sale	54	4.527
Ordinary	Sale	255	4.527
Ordinary	Sale	1,350	4.539
Ordinary	Sale	687	4.527
Ordinary	Sale	592	4.527
Ordinary	Sale	198	4.476
Ordinary	Sale	103	4.476
Ordinary	Sale	670	4.476
Ordinary	Sale	111	4.533
Ordinary	Sale	510	4.533
Ordinary	Sale	500	4.533
Ordinary	Sale	2,490	4.52
Ordinary	Sale	110	4.52
Ordinary	Sale	441	4.473
Ordinary	Sale	2,189	4.473
Ordinary	Sale	860	4.471
Ordinary	Sale	49	4.539
Ordinary	Sale	2,000	4.539
Ordinary	Sale	120	4.539
Ordinary	Sale	375	4.479
Ordinary	Sale	2,250	4.479
Ordinary	Sale	1,307	4.537
Ordinary	Sale	2,027	4.536
Ordinary	Sale	3,865	4.542
Ordinary	Sale	1,415	4.602
Ordinary	Sale	8,185	4.602
Ordinary	Sale	210	4.48
Ordinary	Sale	1,999	4.48
Ordinary	Sale	420	4.48
Ordinary	Sale	1,352	4.451
Ordinary	Sale	855	4.48
Ordinary	Sale	1,614	4.48
Ordinary	Sale	96	4.48
Ordinary	Sale	1,292	4.451
Ordinary	Sale	60	4.48
Ordinary	Sale	500	4.459
Ordinary	Sale	621	4.459
Ordinary	Sale	1,517	4.459
Ordinary	Sale	236	4.476
Ordinary	Sale	911	4.496
Ordinary	Sale	5	4.516
Ordinary	Sale	825	4.516
Ordinary	Sale	110	4.522
Ordinary	Sale	24	4.522
Ordinary	Sale	467	4.522
Ordinary	Sale	864	4.533
Ordinary	Sale	260	4.533
Ordinary	Sale	1,029	4.5
Ordinary	Sale	594	4.516
Ordinary	Sale	7	4.517
Ordinary	Sale	182	4.516
Ordinary	Sale	592	4.501
Ordinary	Sale	745	4.501
Ordinary	Sale	1,234	4.537
Ordinary	Sale	721	4.533
Ordinary	Sale	721	4.532
Ordinary	Sale	342	4.484
Ordinary	Sale	97	4.484
Ordinary	Sale	85	4.484
Ordinary	Sale	40,000	5.644746
	Total Purchases	75,913
	Total Sales	159,583

(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	Increasing a short position	30,000	6.700603
Ordinary	CFD	Reducing a short position	40,000	5.644746

(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:	06/11/2020
###### 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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