Edmond de Rothschild Asset Management
LSE : TTP

January 26, 2016 06:02 ET

Form 8.3 - Groupe Fnac SA

                                                                                              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:                                           For the account of the funds  
                                                                      managed by Edmond de          
                                                                      Rothschild Asset Management   
                                                                      (France)                      
----------------------------------------------------------------------------------------------------
(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  Groupe Fnac SA (FR0011476928/ 
this form relates:                                                    Ticker FNAC FP)               
     Use a separate form for each offeror/offeree                                                   
----------------------------------------------------------------------------------------------------
(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:                            25 January, 2016              
     For an opening position disclosure, state the latest                                           
practicable date prior to the disclosure                                                            
----------------------------------------------------------------------------------------------------
(f)  In addition to the company in 1(c) above, is the discloser       NO                            
making disclosures in respect of any other party to the offer?                                      
     If it is a cash offer or possible cash offer, state "N/A"                                      
----------------------------------------------------------------------------------------------------


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 shares            
----------------------------------------------------------------------------------------------------
                                                                  Interests        Short positions  
                                                            ----------------------------------------
                                                              Number       %      Number       %    
----------------------------------------------------------------------------------------------------
  (1) Relevant securities owned and/or controlled:            170 926    1.03                       
----------------------------------------------------------------------------------------------------
  (2) Cash-settled derivatives:                                                                     
----------------------------------------------------------------------------------------------------
  (3) Stock-settled derivatives (including options) and                                             
agreements to purchase/sell:                                                                        
----------------------------------------------------------------------------------------------------
      TOTAL:                                                  170 926    1.03                       
                                                                                             
----------------------------------------------------------------------------------------------------


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   
----------------------------------------------------------------------------------------------------
       Ordinary shares               Purchase            1 373                         52.7936             
----------------------------------------------------------------------------------------------------


(b) Cash-settled derivative transactions

----------------------------------------------------------------------------------------------------
  Class of relevant     Product           Nature of dealing     Number of reference   Price per unit
      security        description      e.g. opening/closing a         securities                    
                        e.g. CFD        long/short position,                                        
                                        increasing/reducing a                                       
                                         long/short position                                        
----------------------------------------------------------------------------------------------------
                                                                                                    
----------------------------------------------------------------------------------------------------


(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying


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


(ii) Exercise

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

(d) Other dealings (including subscribing for new securities)

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

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:                               Lydia Ballester                                   
----------------------------------------------------------------------------------------------------
Contact name:                                     + 33 1 40 17 21 16                                
                                                  Email : l.ballester@edr.com                       
----------------------------------------------------------------------------------------------------
Telephone number:                                 33 1 40 17 21 16                                 
----------------------------------------------------------------------------------------------------

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