Edmond de Rothschild Asset Management
LSE : TTP

July 11, 2016 08:25 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 relevant          Groupe Fnac SA (FR0011476928/
    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:                         8th July 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 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"
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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:     371 178         1.89
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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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    TOTAL:                                           371 178         1.89
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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 securities       Price per unit
        security
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    Ordinary shares           Purchase             77                         50.0836
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(b) Cash-settled derivative transactions

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 Class of relevant  Product description   Nature of dealing       Number of reference     Price per
     security             e.g. CFD       e.g. opening/closing a        securities           unit
                                         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 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
     security          e.g. call option     exercised against       securities          per unit
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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, 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:                                           11/07/2016
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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