Edmond de Rothschild Asset Management
LSE : TTP

January 27, 2016 04:59 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  
this form relates:                                                      (FR0011476928/Ticker
Use a separate form for each offeror/offeree                            FNAC FP)            
----------------------------------------------------------------------------------------------------
(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:                              26 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 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"                                           
----------------------------------------------------------------------------------------------------



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:              196 294     1.18                      
----------------------------------------------------------------------------------------------------
(2) Cash-settled derivatives:                                                                       
----------------------------------------------------------------------------------------------------
(3) Stock-settled derivatives (including options) and                                               
agreements to purchase/sell:                                                                        
----------------------------------------------------------------------------------------------------
                                                              196 294     1.18                      
TOTAL:                                                                                              
----------------------------------------------------------------------------------------------------


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          Purchase/sale         Number of securities        Price per unit     
         security                                                                                   
----------------------------------------------------------------------------------------------------
     Ordinary shares           Purchase                   25 368                   52.3174        
----------------------------------------------------------------------------------------------------



(b) Cash-settled derivative transactions


----------------------------------------------------------------------------------------------------
    Class of relevant     Product description   Nature of dealing   Number of reference   Price per 
         security               e.g. CFD      e.g. opening/closing      securities          unit    
                                                  a 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  
  relevant    description  purchasing, securities to  price per      e.g.                money paid/
  security     e.g. call    selling,    which option     unit     American,                received 
                option    varying etc.    relates                  European                per unit 
                                                                     etc.                           
----------------------------------------------------------------------------------------------------
                                                                                                    
----------------------------------------------------------------------------------------------------



(ii) Exercise


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



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


----------------------------------------------------------------------------------------------------
Class of relevant security       Nature of dealing          Details   Price per unit (if applicable)
                           e.g. subscription, 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"                                            
----------------------------------------------------------------------------------------------------
                                                                                                    
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?                                         NO      
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
Date of disclosure:                                27/01/2016                                       
----------------------------------------------------------------------------------------------------
Contact name:                                      Lydia Ballester                                  
                                                   + 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