23rd Dec 2015 14:07
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: | 22 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: | 27,217 | 0.02% | 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% | 27,000 | 0.02% | |||||||
| (4) | |||||||||||
| TOTAL: | 690,436 | 0.47% | 447,361 | 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 | 19 | 29.7500 USD | ||||
| ORD | Purchase | 37 | 29.7800 USD | ||||
| ORD | Purchase | 100 | 29.7400 USD | ||||
| ORD | Purchase | 100 | 29.5600 USD | ||||
| ORD | Purchase | 100 | 29.5500 USD | ||||
| ORD | Purchase | 100 | 29.6500 USD | ||||
| ORD | Purchase | 100 | 29.6550 USD | ||||
| ORD | Purchase | 100 | 29.7700 USD | ||||
| ORD | Purchase | 200 | 29.7349 USD | ||||
| ORD | Purchase | 200 | 29.6650 USD | ||||
| ORD | Purchase | 200 | 29.6499 USD | ||||
| ORD | Purchase | 200 | 29.2300 USD | ||||
| ORD | Purchase | 200 | 29.2700 USD | ||||
| ORD | Purchase | 300 | 29.6600 USD | ||||
| ORD | Purchase | 300 | 29.8000 USD | ||||
| ORD | Purchase | 419 | 29.8100 USD | ||||
| ORD | Purchase | 500 | 29.7110 USD | ||||
| ORD | Purchase | 600 | 29.5400 USD | ||||
| ORD | Purchase | 600 | 29.7625 USD | ||||
| ORD | Purchase | 764 | 29.4992 USD | ||||
| ORD | Purchase | 780 | 29.6400 USD | ||||
| ORD | Purchase | 780 | 29.6000 USD | ||||
| ORD | Purchase | 800 | 29.5468 USD | ||||
| ORD | Purchase | 800 | 29.5384 USD | ||||
| ORD | Purchase | 972 | 29.5513 USD | ||||
| ORD | Purchase | 1,500 | 29.3397 USD | ||||
| ORD | Purchase | 2,451 | 29.5663 USD | ||||
| ORD | Purchase | 4,600 | 29.5102 USD | ||||
| ORD | Purchase | 4,800 | 29.4952 USD | ||||
| ORD | Purchase | 5,600 | 29.6862 USD | ||||
| ORD | Purchase | 6,277 | 29.5686 USD | ||||
| ORD | Purchase | 6,700 | 29.5032 USD | ||||
| ORD | Purchase | 6,798 | 29.5675 USD | ||||
| ORD | Purchase | 7,326 | 29.4827 USD | ||||
| ORD | Purchase | 10,000 | 29.4289 USD | ||||
| ORD | Purchase | 10,213 | 29.5117 USD | ||||
| ORD | Purchase | 12,365 | 29.4365 USD | ||||
| ORD | Purchase | 36,121 | 29.4930 USD | ||||
| ORD | Purchase | 217,800 | 29.6787 USD | ||||
| ORD | Sale | 37 | 29.7800 USD | ||||
| ORD | Sale | 100 | 29.2700 USD | ||||
| ORD | Sale | 200 | 29.2300 USD | ||||
| ORD | Sale | 200 | 29.6775 USD | ||||
| ORD | Sale | 228 | 29.5831 USD | ||||
| ORD | Sale | 300 | 29.6466 USD | ||||
| ORD | Sale | 419 | 29.8100 USD | ||||
| ORD | Sale | 500 | 29.4910 USD | ||||
| ORD | Sale | 780 | 29.6000 USD | ||||
| ORD | Sale | 780 | 29.6400 USD | ||||
| ORD | Sale | 800 | 29.4537 USD | ||||
| ORD | Sale | 900 | 29.5388 USD | ||||
| ORD | Sale | 1,190 | 29.6096 USD | ||||
| ORD | Sale | 1,380 | 29.6461 USD | ||||
| ORD | Sale | 1,495 | 29.2726 USD | ||||
| ORD | Sale | 1,500 | 29.4719 USD | ||||
| ORD | Sale | 1,500 | 29.3397 USD | ||||
| ORD | Sale | 2,298 | 29.6047 USD | ||||
| ORD | Sale | 2,300 | 29.6750 USD | ||||
| ORD | Sale | 3,100 | 29.6951 USD | ||||
| ORD | Sale | 3,278 | 29.5877 USD | ||||
| ORD | Sale | 3,600 | 29.4383 USD | ||||
| ORD | Sale | 3,604 | 29.4279 USD | ||||
| ORD | Sale | 4,700 | 29.5145 USD | ||||
| ORD | Sale | 5,600 | 29.5146 USD | ||||
| ORD | Sale | 11,719 | 29.5970 USD | ||||
| ORD | Sale | 62,394 | 29.4923 USD | ||||
| ORD | Sale | 154,680 | 29.6100 USD | ||||
| ORD | Sale | 217,800 | 29.6787 USD |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | SWAP Expires 28/03/2016 | Long | 153,980 | 29.6100 USD |
(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: |
| 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: | 23 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.
143222.01
SUPPLEMENTAL FORM 8 (SBL)
DETAILS OF SECURITIES BORROWING AND LENDING AND
FINANCIAL COLLATERAL ARRANGEMENTS BY
PARTIES TO AN OFFER AND PERSONS ACTING IN CONCERT
Note 5(l) 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. SECURITIES BORROWING AND LENDING/FINANCIAL COLLATERAL POSITIONS
| 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 | -200 | 27.5000 | American | 20 May 2016 | |||||||
| ORD | Call Options | Written | -12,100 | 32.5000 | American | 15 Jan 2016 | |||||||
| ORD | Call Options | Purchased | 100 | 35.0000 | American | 20 May 2016 |
Details of borrowed relevant securities which have been either on-lent or sold do not need to be disclosed.
3. SECURITIES BORROWING AND LENDING/FINANCIAL COLLATERAL TRANSACTIONS
| Class of relevant security | Nature of transaction e.g. securities lending/borrowing, delivery/receipt of recalled securities, entering into financial collateral arrangement with right of use, entering into title transfer collateral arrangement etc. | Number of securities |
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/20151223005345/en/
Copyright Business Wire 2015
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