SABMiller : Form 8.3 - SABMILLER PLC

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:	Société Générale S.A.
(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 this form relates: Use a separate form for each offeror/offeree	SABMiller Plc
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	04/10/2016
(f) In addition to the company in 1(c) 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'	YES: Anheuser-Busch InBev SA/NV

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:	USD 0.10 ordinary: 5,028,783 Shares interests and 55,951 short position ADR (referencing the ordinary) : 844 equivalent Shares interests and 0 equivalent Shares as short position Where (1 ADR = 1 ordinary share)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	5,029,627	0.31	55,951	0.00
(2) Cash-settled derivatives:	531,000	0.03	3,514,052	0.22
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	2,005,000	0.12	2,000,000	0.12
TOTAL:	7,565,627	0.47	5,570,003	0.34

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 security	Purchase/sale	Number of securities	Price per unit GBP
Ordinary	Purchase	928	44.96
Ordinary	Purchase	1,401	44.965
Ordinary	Purchase	3,120	44.965003
Ordinary	Purchase	7,930	44.963279
Ordinary	Purchase	742	44.945
Ordinary	Purchase	1,473	44.945
Ordinary	Purchase	1,552	44.960564
Ordinary	Purchase	11,118	44.963257
Ordinary	Purchase	20,071	44.96438
Ordinary	Purchase	7,420	44.945
Ordinary	Purchase	25,234	44.962346
Ordinary	Purchase	4,954	44.962745
Ordinary	Purchase	335	44.965015
Ordinary	Purchase	17,027	44.966144
Ordinary	Purchase	777	44.962497
Ordinary	Purchase	4,690	44.964388
Ordinary	Purchase	21,545	44.963735
Ordinary	Purchase	1,172,773	44.951742
Ordinary	Purchase	35,000	44.953989
Ordinary	Purchase	75,000	44.953989
Ordinary	Purchase	150,000	44.953989
Ordinary	Purchase	988,261	44.95174
Ordinary	Purchase	61,105	44.95174
Ordinary	Purchase	123,407	44.95174
Ordinary	Sale	1,947	44.96
Ordinary	Sale	12,988	44.945
Ordinary	Sale	700	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	65	44.945
Ordinary	Sale	4,837	44.945
Ordinary	Sale	530,000	44.945
Ordinary	Sale	126,627	44.945
Ordinary	Sale	143	44.945
Ordinary	Sale	364	44.945
Ordinary	Sale	1,537	44.956623
Ordinary	Sale	9,454	44.95712
Ordinary	Sale	186	44.96
Ordinary	Sale	296	44.9625
Ordinary	Sale	2,633	44.96
Ordinary	Sale	3,887	44.945
Ordinary	Sale	32,547	44.953977
Ordinary	Sale	5,373	44.956968
Ordinary	Sale	21	44.945
Ordinary	Sale	1,172,773	44.95174
	Total Purchases	2,735,863
	Total Sales	1,906,898

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
Ordinary	CFD	Increasing a short position	35,000	44.953989
Ordinary	CFD	Increasing a short position	75,000	44.953989
Ordinary	CFD	Increasing a short position	150,000	44.953989

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit GBP	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit GBP

(ii) Exercise

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

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

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable) GBP

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'

(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'

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	05/10/2016
Contact name:	Olivier Vero
Telephone number:	[phone] / 6969

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the 'Code')

1. KEY INFORMATION

Full name of person making disclosure:	Société Générale S.A.
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	SABMiller Plc

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit GBP	Type e.g. American, European etc.	Expiry date
Ordinary	Listed call-option	Purchase	2,000,000	40	European options	16/12/2016
Ordinary	Listed call-option	Purchase	5,000	46	American options	16/12/2016
Ordinary	Listed call-option	Sale	2,000,000	32	European options	16/12/2016

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.