14th Sep 2012 16:34
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
These transactions have taken place as a consequence of book flattening. The Panel Executive has confirmed on an ex-parte basis that such transactions are permitted and have no Code consequences.
1. KEY INFORMATION
(a) Identity of the party to the offer or person acting in concert making the disclosure: | UBS Securities LLC |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient |
|
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | BAE Systems PLC |
(d) Status of person making the disclosure: e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree) | Acting in Concert - BAE Systems Plc |
(e) Date dealing undertaken: | 13 September 2012 |
(f) Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | YES EADS NV |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing
Class of relevant security:
| ||||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 18080 | 0.00% | 0 | 0.00% |
(2) Derivatives (other than options): | 0 | 0.00% | 0 | 0.00% |
(3) Options and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% |
TOTAL: | 18080 | 0.00% | 0 | 0.00% |
All interests and all short positions should be disclosed.
Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities (including directors' and other executive options)
Class of relevant security in relation to which subscription right exists: | |
Details, including nature of the rights concerned and relevant percentages: |
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.
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
These transactions have taken place as a consequence of book flattening. The Panel Executive has confirmed on an ex-parte basis that such transactions are permitted and have no Code consequences.
Class of relevant security | Purchase/sale
| Number of securities | Price per unit |
2.5p ordinary | Buy
| 1301 | 3.35950 GBP |
2.5p ordinary | Buy
| 1209 | 3.36100 GBP |
2.5p ordinary | Buy
| 1125 | 3.36200 GBP |
2.5p ordinary | Buy
| 2318 | 3.36250 GBP |
2.5p ordinary | Buy
| 1237 | 3.36300 GBP |
2.5p ordinary | Buy
| 1179 | 3.36450 GBP |
2.5p ordinary | Buy
| 8199 | 3.36500 GBP |
2.5p ordinary | Buy
| 1110 | 3.36600 GBP |
2.5p ordinary | Buy
| 4488 | 3.36700 GBP |
2.5p ordinary | Buy
| 4874 | 3.36800 GBP |
2.5p ordinary | Buy
| 5582 | 3.36850 GBP |
2.5p ordinary | Buy
| 10339 | 3.36900 GBP |
2.5p ordinary | Buy
| 4686 | 3.36950 GBP |
2.5p ordinary | Buy
| 1271 | 3.37000 GBP |
2.5p ordinary | Buy
| 4597 | 3.37050 GBP |
2.5p ordinary | Buy
| 2348 | 3.37100 GBP |
2.5p ordinary | Buy
| 1206 | 3.37150 GBP |
2.5p ordinary | Buy
| 1243 | 3.37200 GBP |
2.5p ordinary | Buy
| 1213 | 3.37300 GBP |
2.5p ordinary | Buy
| 1241 | 3.37350 GBP |
2.5p ordinary | Buy
| 1214 | 3.37450 GBP |
2.5p ordinary | Buy
| 1094 | 3.37650 GBP |
2.5p ordinary | Buy
| 1070 | 3.37800 GBP |
2.5p ordinary | Buy
| 1118 | 3.37850 GBP |
2.5p ordinary | Buy
| 1224 | 3.38000 GBP |
2.5p ordinary | Buy
| 1070 | 3.38650 GBP |
2.5p ordinary | Buy
| 1244 | 3.38750 GBP |
2.5p ordinary | Buy
| 2238 | 3.38800 GBP |
2.5p ordinary | Buy
| 4702 | 3.38900 GBP |
2.5p ordinary | Buy
| 2282 | 3.38950 GBP |
2.5p ordinary | Buy
| 1057 | 3.39000 GBP |
2.5p ordinary | Buy
| 1934 | 3.39050 GBP |
2.5p ordinary | Buy
| 1136 | 3.39100 GBP |
2.5p ordinary | Buy
| 1192 | 3.39150 GBP |
2.5p ordinary | Buy
| 5091 | 3.39250 GBP |
2.5p ordinary | Buy
| 1255 | 3.39300 GBP |
2.5p ordinary | Buy
| 1136 | 3.39400 GBP |
2.5p ordinary | Buy
| 1152 | 3.39450 GBP |
2.5p ordinary | Buy
| 1207 | 3.39550 GBP |
2.5p ordinary | Buy
| 2249 | 3.39600 GBP |
2.5p ordinary | Buy
| 1266 | 3.39650 GBP |
2.5p ordinary | Buy
| 1244 | 3.39750 GBP |
2.5p ordinary | Buy
| 7244 | 3.39800 GBP |
2.5p ordinary | Buy
| 1257 | 3.39850 GBP |
2.5p ordinary | Buy
| 4716 | 3.39900 GBP |
2.5p ordinary | Buy
| 4906 | 3.39950 GBP |
2.5p ordinary | Buy
| 5173 | 3.40000 GBP |
2.5p ordinary | Buy
| 4907 | 3.40050 GBP |
2.5p ordinary | Buy
| 16238 | 3.40100 GBP |
2.5p ordinary | Buy
| 7504 | 3.40150 GBP |
2.5p ordinary | Buy
| 9479 | 3.40200 GBP |
2.5p ordinary | Buy
| 7391 | 3.40250 GBP |
2.5p ordinary | Buy
| 3437 | 3.40300 GBP |
2.5p ordinary | Buy
| 1219 | 3.40350 GBP |
2.5p ordinary | Buy
| 7671 | 3.40400 GBP |
2.5p ordinary | Buy
| 13212 | 3.40450 GBP |
2.5p ordinary | Buy
| 7178 | 3.40500 GBP |
2.5p ordinary | Buy
| 9366 | 3.40550 GBP |
2.5p ordinary | Buy
| 7838 | 3.40600 GBP |
2.5p ordinary | Buy
| 4644 | 3.40650 GBP |
2.5p ordinary | Buy
| 23670 | 3.40700 GBP |
2.5p ordinary | Buy
| 15328 | 3.40750 GBP |
2.5p ordinary | Buy
| 10135 | 3.40800 GBP |
2.5p ordinary | Buy
| 12005 | 3.40850 GBP |
2.5p ordinary | Buy
| 30214 | 3.40900 GBP |
2.5p ordinary | Buy
| 5110 | 3.40950 GBP |
2.5p ordinary | Buy
| 28465 | 3.41000 GBP |
2.5p ordinary | Buy
| 16716 | 3.41050 GBP |
2.5p ordinary | Buy
| 2915 | 3.41100 GBP |
2.5p ordinary | Buy
| 2503 | 3.41150 GBP |
2.5p ordinary | Buy
| 4728 | 3.41200 GBP |
2.5p ordinary | Buy
| 1133 | 3.41250 GBP |
2.5p ordinary | Buy
| 1193 | 3.41300 GBP |
2.5p ordinary | Buy
| 1082 | 3.41350 GBP |
2.5p ordinary | Buy
| 1292 | 3.41400 GBP |
2.5p ordinary | Buy
| 4314 | 3.41450 GBP |
2.5p ordinary | Buy
| 3632 | 3.41500 GBP |
2.5p ordinary | Buy
| 2840 | 3.41600 GBP |
2.5p ordinary | Buy
| 1257 | 3.41700 GBP |
2.5p ordinary | Buy
| 3447 | 3.41800 GBP |
2.5p ordinary | Buy
| 2327 | 3.41900 GBP |
2.5p ordinary | Buy
| 1205 | 3.42000 GBP |
2.5p ordinary | Buy
| 2522 | 3.42100 GBP |
2.5p ordinary | Buy
| 144 | 3.42200 GBP |
TOTAL BUY :
| 399498 | ||
TOTAL SALE :
| 0 |
(b) Derivatives transactions (other than options)
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 |
|
(c) Options transactions in respect of existing securities
(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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercising
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
|
(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) |
|
The currency of all prices and other monetary amounts should be stated.
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.
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 party to the offer or person acting in concert making the disclosure and any other person: If there are no such agreements, arrangements or understandings, state "none" |
None |
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer or person acting in concert 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" |
None
|
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) | NO |
Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 14 September 2012 |
| Contact name: | Gemma Crewdson |
| Telephone number: | +44 (0)20 7568 1245 |
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 [email protected]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
BAE Systems