Edmond de Rothschild Asset Management
LSE : TTP

January 22, 2016 10:04 ET

Form 8.3 - Groupe Fnac SA (FR0011476928)

                                                                                            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

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(a) Full name of discloser:                                                     For the account of  
                                                                                the funds managed by
                                                                                Edmond de Rothschild
                                                                                Asset Management    
                                                                                (France)            
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(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.                                            
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(c) Name of offeror/offeree in relation to whose relevant securities this form  Groupe Fnac SA      
relates:                                                                        (FR0011476928)      
     Use a separate form for each offeror/offeree                                                   
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(d) If an exempt fund manager connected with an offeror/offeree, state this and                     
specify identity of offeror/offeree:                                                                
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(e) Date position held/dealing undertaken:                                      22 January, 2016    
     For an opening position disclosure, state the latest practicable date                          
prior to the disclosure                                                                             
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(f)  In addition to the company in 1(c) above, is the discloser making          NO                  
disclosures in respect of any other party to the offer?                                             
     If it is a cash offer or possible cash offer, state "N/A"                                      
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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)


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Class of relevant security:                                                   Ordinary shares       
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                                                                           Interests        Short   
                                                                                          positions 
                                                                      ------------------------------
                                                                        Number      %    Number   % 
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  (1) Relevant securities owned and/or controlled:                      169 553   1.02              
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  (2) Cash-settled derivatives:                                                                     
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  (3) Stock-settled derivatives (including options) and agreements to                               
purchase/sell:                                                                                      
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                                                                        169 553   1.02              
       TOTAL:                                                                                       
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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)


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Class of relevant security in relation to which subscription right exists:                          
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Details, including nature of the rights concerned and relevant percentages:                         
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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


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  Class of relevant security     Purchase/sale         Number of securities        Price per unit   
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        Ordinary shares             Purchase                   5 984                   52,4953      
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(b) Cash-settled derivative transactions


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  Class of relevant  Product description  Nature of dealing  Number of reference   Price per unit   
      security            e.g. CFD      e.g. opening/closing     securities                         
                                            a long/short                                            
                                              position,                                             
                                         increasing/reducing                                        
                                            a long/short                                            
                                              position                                              
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(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying


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 Class of     Product        Writing,      Number of    Exercise       Type       Expiry    Option  
 relevant   description    purchasing,   securities to  price per e.g. American,   date      money  
 security    e.g. call       selling,     which option    unit    European etc.              paid/  
               option      varying etc.     relates                                        received 
                                                                                           per unit 
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(ii) Exercise


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  Class of relevant  Product description     Exercising/    Number of securities Exercise price per 
      security        e.g. call option    exercised against                             unit        
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(d) Other dealings (including subscribing for new securities)

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  Class of relevant        Nature of dealing             Details      Price per unit (if applicable)
      security       e.g. subscription, conversion                                                  
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4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements


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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"                                            
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(b) Agreements, arrangements or understandings relating to options or derivatives


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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"                       
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(c) Attachments


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Is a Supplemental Form 8 (Open Positions) attached?                                      NO         
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Date of disclosure:                                                   Lydia Ballester               
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Contact name:                                                         + 33 1 40 17 21 16            
                                                                      Email : l.ballester@edr.com   
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Telephone number:                                                     33 1 40 17 21 16             
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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 monitoring@disclosure.org.uk. 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.

Contact Information

  • Edmond de Rothschild Asset Management