Form 8.3 - ARRIS GROUP INC

16th Oct 2015 15:10

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:		Barclays PLC.
(b)		Owner or controller of interest and short
		positions disclosed, if different from 1(a):
(c)		Name of offeror/offeree in relation to whose		ARRIS GROUP INC
		relevant securities this form relates:
(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:		15 October 2015
(f)		In addition to the company in 1(c) above, is the discloser making		YES:
		disclosures in respect of any other party to the offer?		PACE PLC

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:				ORD
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		9,405		0.01%		689,580		0.47%
(2)		Cash-settled derivatives:
				136,800		0.09%		552,590		0.38%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		9,500		0.01%		19,700		0.01%
		TOTAL:		155,705		0.10%		1,261,870		0.86%

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		Purchase/sale		Number of		Price per unit
security				securities
ORD		Purchase		13		28.2500 USD
ORD		Purchase		44		28.5547 USD
ORD		Purchase		76		28.2000 USD
ORD		Purchase		100		28.3200 USD
ORD		Purchase		124		28.5400 USD
ORD		Purchase		177		28.5600 USD
ORD		Purchase		187		28.2700 USD
ORD		Purchase		187		28.2900 USD
ORD		Purchase		500		28.2840 USD
ORD		Purchase		507		28.2742 USD
ORD		Purchase		600		28.3066 USD
ORD		Purchase		1,200		28.2687 USD
ORD		Purchase		1,263		28.2100 USD
ORD		Purchase		1,800		28.3298 USD
ORD		Purchase		2,552		28.3109 USD
ORD		Purchase		3,100		28.3019 USD
ORD		Purchase		4,100		28.2961 USD
ORD		Purchase		4,824		28.3100 USD
ORD		Purchase		184,440		28.1900 USD
ORD		Sale		124		28.5400 USD
ORD		Sale		176		28.2000 USD
ORD		Sale		187		28.2900 USD
ORD		Sale		300		28.5600 USD
ORD		Sale		452		28.2820 USD
ORD		Sale		600		28.2816 USD
ORD		Sale		700		28.3800 USD
ORD		Sale		901		28.3001 USD
ORD		Sale		1,000		28.3487 USD
ORD		Sale		1,387		28.2716 USD
ORD		Sale		1,900		28.2301 USD
ORD		Sale		2,000		28.2930 USD
ORD		Sale		2,200		28.3532 USD
ORD		Sale		4,300		28.2763 USD
ORD		Sale		4,830		28.2948 USD
ORD		Sale		184,440		28.1900 USD

(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

(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

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

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)

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:		16 Oct 2015
Contact name:		Jay Supaya
Telephone number:		020 7773 0635

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 disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

143221.01

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

Identity of the person whose positions/dealings		Barclays PLC.
are being disclosed:
Name of offeror/offeree in relation to whose		ARRIS GROUP INC
relevant securities this from relates:

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class

Product

Writing,

Number

Exercise

Type

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

relates

ORD

Call Options

Written

-1,400

27.5000

American

20 Nov 2015

ORD

Call Options

Purchased

700

30.0000

American

20 Nov 2015

ORD

Call Options

Written

-15,800

37.5000

American

20 Nov 2015

ORD

Put Options

Written

4,900

40.0000

American

20 Nov 2015

ORD

Call Options

Purchased

3,900

32.5000

American

20 Nov 2015

ORD

Call Options

Written

-2,500

30.0000

American

16 Oct 2015

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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151016005596/en/

Copyright Business Wire 2015

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