Edmond de Rothschild Asset Management
LSE : TTP

January 28, 2016 05:02 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


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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    Groupe Fnac SA (FR0011476928/ Ticker FNAC FP)   
relevant securities this form relates:                                                              
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:          27 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    NO                                              
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"                                                                                         
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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                                    Ordinary shares                                
security:                                                                                           
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                                    Interests                            Short positions            
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                            Number                %                 Number                %         
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(1) Relevant               224 114               1.35                                               
securities owned                                                                                    
and/or controlled:                                                                                  
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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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                           224 114               1.35                                               
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                  23 170                    52.55         
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     Ordinary shares              Purchase                   4 650                    52.74         
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(b) Cash-settled derivative transactions


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  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                                      
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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.       date       money  
  security     e.g. call    selling,     which option      unit      American,               paid/  
                option    varying etc.     relates                   European              received 
                                                                       etc.                per unit 
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(ii) Exercise


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


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 Class of relevant security     Nature of dealing            Details           Price per unit (if   
                                e.g. subscription,                                applicable)       
                                    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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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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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:                                28/01/2016                                       
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Contact name:                                      Lydia Ballester                                  
                                                   + 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