Edmond de Rothschild Asset Management
LSE : TTP

March 15, 2016 05:24 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:           14 march, 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 security:                                            Ordinary shares              
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                                                               Interests          Short positions   
                                                       ---------------------------------------------
                                                           Number        %       Number        %    
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  (1) Relevant securities owned and/or controlled:        319 953      1.917                        
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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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                                                          319 953      1.917                        
       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                 Sale                    550                     57.5         
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(b) Cash-settled derivative transactions


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


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  Class of relevant  Product description     Exercising/          Number of       Exercise price per
      security         e.g. call option   exercised against       securities             unit       
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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, conversion                       applicable)       
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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:                                                15/03/2016                       
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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