24th Dec 2015 12:09
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: | 23 December 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: | 37,317 | 0.03% | 420,361 | 0.29% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 651,419 | 0.44% | 0 | 0.00% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 11,800 | 0.01% | 27,100 | 0.02% | |||||||
| (4) | |||||||||||
| TOTAL: | 700,536 | 0.48% | 447,461 | 0.31% | |||||||
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 | 100 | 29.3800 USD | ||||
| ORD | Purchase | 100 | 29.3100 USD | ||||
| ORD | Purchase | 100 | 29.2300 USD | ||||
| ORD | Purchase | 105 | 29.3376 USD | ||||
| ORD | Purchase | 200 | 29.2750 USD | ||||
| ORD | Purchase | 200 | 29.4500 USD | ||||
| ORD | Purchase | 200 | 29.3149 USD | ||||
| ORD | Purchase | 200 | 29.2899 USD | ||||
| ORD | Purchase | 259 | 29.2370 USD | ||||
| ORD | Purchase | 341 | 29.2836 USD | ||||
| ORD | Purchase | 374 | 29.3013 USD | ||||
| ORD | Purchase | 500 | 29.0950 USD | ||||
| ORD | Purchase | 500 | 29.2800 USD | ||||
| ORD | Purchase | 544 | 29.3257 USD | ||||
| ORD | Purchase | 684 | 29.3406 USD | ||||
| ORD | Purchase | 728 | 29.2252 USD | ||||
| ORD | Purchase | 815 | 29.2803 USD | ||||
| ORD | Purchase | 817 | 29.2883 USD | ||||
| ORD | Purchase | 835 | 29.0967 USD | ||||
| ORD | Purchase | 900 | 29.1000 USD | ||||
| ORD | Purchase | 995 | 29.2540 USD | ||||
| ORD | Purchase | 1,135 | 29.3060 USD | ||||
| ORD | Purchase | 1,157 | 29.2598 USD | ||||
| ORD | Purchase | 1,600 | 29.3006 USD | ||||
| ORD | Purchase | 1,940 | 29.2816 USD | ||||
| ORD | Purchase | 2,300 | 29.2560 USD | ||||
| ORD | Purchase | 2,400 | 29.2509 USD | ||||
| ORD | Purchase | 2,594 | 29.3354 USD | ||||
| ORD | Purchase | 2,613 | 29.2288 USD | ||||
| ORD | Purchase | 2,850 | 29.4260 USD | ||||
| ORD | Purchase | 4,099 | 29.3191 USD | ||||
| ORD | Purchase | 6,568 | 29.2945 USD | ||||
| ORD | Purchase | 7,126 | 29.2998 USD | ||||
| ORD | Purchase | 7,700 | 29.2344 USD | ||||
| ORD | Purchase | 7,765 | 29.1010 USD | ||||
| ORD | Purchase | 9,100 | 29.2555 USD | ||||
| ORD | Purchase | 12,335 | 29.2929 USD | ||||
| ORD | Purchase | 12,335 | 29.3015 USD | ||||
| ORD | Purchase | 14,492 | 29.2963 USD | ||||
| ORD | Purchase | 25,612 | 29.2815 USD | ||||
| ORD | Purchase | 27,919 | 29.2856 USD | ||||
| ORD | Purchase | 41,563 | 29.4141 USD | ||||
| ORD | Purchase | 50,768 | 29.3270 USD | ||||
| ORD | Purchase | 64,167 | 29.2900 USD | ||||
| ORD | Purchase | 67,208 | 29.2897 USD | ||||
| ORD | Purchase | 104,170 | 29.2352 USD | ||||
| ORD | Purchase | 180,800 | 29.3000 USD | ||||
| ORD | Purchase | 198,500 | 29.4100 USD | ||||
| ORD | Purchase | 261,160 | 29.2534 USD | ||||
| ORD | Sale | 6 | 29.2100 USD | ||||
| ORD | Sale | 50 | 29.2400 USD | ||||
| ORD | Sale | 70 | 29.2600 USD | ||||
| ORD | Sale | 100 | 29.4200 USD | ||||
| ORD | Sale | 100 | 29.3300 USD | ||||
| ORD | Sale | 100 | 29.4300 USD | ||||
| ORD | Sale | 200 | 29.4201 USD | ||||
| ORD | Sale | 200 | 29.3600 USD | ||||
| ORD | Sale | 400 | 29.2200 USD | ||||
| ORD | Sale | 400 | 29.2675 USD | ||||
| ORD | Sale | 400 | 29.3100 USD | ||||
| ORD | Sale | 400 | 29.2700 USD | ||||
| ORD | Sale | 522 | 29.3124 USD | ||||
| ORD | Sale | 664 | 29.4171 USD | ||||
| ORD | Sale | 900 | 29.4222 USD | ||||
| ORD | Sale | 1,077 | 29.2789 USD | ||||
| ORD | Sale | 1,300 | 29.2915 USD | ||||
| ORD | Sale | 1,700 | 29.3452 USD | ||||
| ORD | Sale | 2,300 | 29.2334 USD | ||||
| ORD | Sale | 4,665 | 29.2195 USD | ||||
| ORD | Sale | 4,915 | 29.2096 USD | ||||
| ORD | Sale | 5,525 | 29.2770 USD | ||||
| ORD | Sale | 6,199 | 29.2375 USD | ||||
| ORD | Sale | 6,214 | 29.2412 USD | ||||
| ORD | Sale | 6,657 | 29.2367 USD | ||||
| ORD | Sale | 7,456 | 29.3085 USD | ||||
| ORD | Sale | 8,000 | 29.2407 USD | ||||
| ORD | Sale | 8,300 | 29.2546 USD | ||||
| ORD | Sale | 11,074 | 29.2271 USD | ||||
| ORD | Sale | 12,020 | 29.2545 USD | ||||
| ORD | Sale | 12,075 | 29.3016 USD | ||||
| ORD | Sale | 12,143 | 29.2670 USD | ||||
| ORD | Sale | 12,595 | 29.3015 USD | ||||
| ORD | Sale | 17,907 | 29.2905 USD | ||||
| ORD | Sale | 19,547 | 29.2588 USD | ||||
| ORD | Sale | 19,950 | 29.4114 USD | ||||
| ORD | Sale | 23,221 | 29.2438 USD | ||||
| ORD | Sale | 23,616 | 29.2509 USD | ||||
| ORD | Sale | 26,671 | 29.2344 USD | ||||
| ORD | Sale | 27,369 | 29.2385 USD | ||||
| ORD | Sale | 36,000 | 29.4288 USD | ||||
| ORD | Sale | 51,554 | 29.2453 USD | ||||
| ORD | Sale | 75,696 | 29.2924 USD | ||||
| ORD | Sale | 130,580 | 29.2534 USD | ||||
| ORD | Sale | 180,000 | 29.3000 USD | ||||
| ORD | Sale | 360,435 | 29.4100 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 | Product | Writing, | Number | Exercise | Type | Expiry | Option | ||||||||
| of | description | purchasing, | of | price | date | money | |||||||||
| relevant | selling, | securities | per unit | paid/ | |||||||||||
| security | varying etc | to which | received | ||||||||||||
| option | per unit | ||||||||||||||
| relates | |||||||||||||||
| ORD | Call Options | Selling | 100 | 32.5000 USD | American | 15 Jan 2016 | 0.1000 USD |
(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: |
| 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 of future acquisition or disposal of any relevant securities to which |
| any derivative is referenced: |
| NONE |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | YES | |
| Date of disclosure: | 24 Dec 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 | -100 | 25.0000 | American | 20 May 2016 | |||||||
| ORD | Call Options | Purchased | 3,800 | 30.0000 | American | 20 May 2016 | |||||||
| ORD | Put Options | Purchased | -8,000 | 32.5000 | American | 20 May 2016 | |||||||
| ORD | Call Options | Purchased | 7,700 | 30.0000 | American | 15 Jan 2016 | |||||||
| ORD | Call Options | Written | -6,600 | 32.5000 | American | 20 May 2016 | |||||||
| ORD | Put Options | Written | 200 | 27.5000 | American | 15 Jan 2016 | |||||||
| ORD | Call Options | Written | -12,200 | 32.5000 | American | 15 Jan 2016 | |||||||
| ORD | Call Options | Written | -200 | 27.5000 | American | 20 May 2016 | |||||||
| ORD | Call Options | Purchased | 100 | 35.0000 | American | 20 May 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 +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/20151224005193/en/
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