Edmond de Rothschild Asset Management
LSE : TTP

February 11, 2016 04:18 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    Groupe Fnac SA (FR0011476928/
whose relevant securities this form relates:  Ticker FNAC FP)
     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:    10 February, 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)       NO
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"
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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         324 318   1.95
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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                                               324 318   1.95
       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    Purchase/sale        Number of        Price per unit
      security                             securities
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  Ordinary shares        Purchase            10 000             51.42
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  Ordinary shares        Purchase            8 370             51.2007
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(b) Cash-settled derivative transactions



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    Class of       Product        Nature of      Number of    Price per unit
    relevant     description       dealing       reference
    security       e.g. CFD         e.g.         securities
                               opening/closing
                                a long/short
                                  position,
                              increasing/reduc
                              ing 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, securitiesprice per   e.g.   date   money
 security  e.g. call   selling,    to which    unit  American,        paid/
             option  varying etc.   option            European      received
                                   relates              etc.        per unit
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(ii) Exercise



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    Class of       Product       Exercising/     Number of    Exercise price
    relevant     description      exercised      securities      per unit
    security      e.g. call        against
                    option
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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
      security      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:                   11/02/2016
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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