14th Jul 2015 14:14
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: | 13 July 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: | 8,040 | 0.01% | 558,803 | 0.38% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 647,359 | 0.44% | 0 | 0.00% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 17,300 | 0.01% | 34,000 | 0.02% | |||||||
| (4) | |||||||||||
| TOTAL: | 672,699 | 0.46% | 592,803 | 0.41% | |||||||
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 | 12 | 31.9600 USD | ||||
| ORD | Purchase | 100 | 30.6100 USD | ||||
| ORD | Purchase | 100 | 31.9200 USD | ||||
| ORD | Purchase | 100 | 31.9400 USD | ||||
| ORD | Purchase | 200 | 31.6800 USD | ||||
| ORD | Purchase | 200 | 31.9550 USD | ||||
| ORD | Purchase | 286 | 30.0183 USD | ||||
| ORD | Purchase | 300 | 30.4833 USD | ||||
| ORD | Purchase | 300 | 31.6700 USD | ||||
| ORD | Purchase | 400 | 31.3045 USD | ||||
| ORD | Purchase | 460 | 31.5726 USD | ||||
| ORD | Purchase | 500 | 30.7080 USD | ||||
| ORD | Purchase | 500 | 30.9000 USD | ||||
| ORD | Purchase | 700 | 29.7199 USD | ||||
| ORD | Purchase | 900 | 31.5298 USD | ||||
| ORD | Purchase | 1,100 | 31.0818 USD | ||||
| ORD | Purchase | 1,168 | 30.6583 USD | ||||
| ORD | Purchase | 1,600 | 31.6243 USD | ||||
| ORD | Purchase | 3,800 | 29.7363 USD | ||||
| ORD | Purchase | 7,248 | 31.0618 USD | ||||
| ORD | Purchase | 9,100 | 31.0989 USD | ||||
| ORD | Purchase | 13,402 | 31.3754 USD | ||||
| ORD | Purchase | 24,000 | 30.8085 USD | ||||
| ORD | Purchase | 24,200 | 31.2495 USD | ||||
| ORD | Purchase | 40,000 | 31.6680 USD | ||||
| ORD | Sale | 50 | 30.8400 USD | ||||
| ORD | Sale | 100 | 30.8100 USD | ||||
| ORD | Sale | 100 | 31.2000 USD | ||||
| ORD | Sale | 168 | 31.4821 USD | ||||
| ORD | Sale | 200 | 30.6050 USD | ||||
| ORD | Sale | 200 | 30.9675 USD | ||||
| ORD | Sale | 203 | 31.7333 USD | ||||
| ORD | Sale | 300 | 31.6700 USD | ||||
| ORD | Sale | 300 | 31.7400 USD | ||||
| ORD | Sale | 400 | 30.6850 USD | ||||
| ORD | Sale | 400 | 31.7050 USD | ||||
| ORD | Sale | 456 | 31.1439 USD | ||||
| ORD | Sale | 500 | 31.6280 USD | ||||
| ORD | Sale | 600 | 30.8850 USD | ||||
| ORD | Sale | 700 | 30.8071 USD | ||||
| ORD | Sale | 900 | 30.8288 USD | ||||
| ORD | Sale | 1,100 | 30.9036 USD | ||||
| ORD | Sale | 1,300 | 30.9300 USD | ||||
| ORD | Sale | 1,450 | 30.9386 USD | ||||
| ORD | Sale | 1,600 | 30.7868 USD | ||||
| ORD | Sale | 1,620 | 31.7018 USD | ||||
| ORD | Sale | 2,486 | 30.2510 USD | ||||
| ORD | Sale | 3,468 | 30.7376 USD | ||||
| ORD | Sale | 3,800 | 31.6470 USD | ||||
| ORD | Sale | 4,100 | 29.8160 USD | ||||
| ORD | Sale | 4,102 | 31.6465 USD | ||||
| ORD | Sale | 5,000 | 31.0865 USD | ||||
| ORD | Sale | 5,000 | 31.1888 USD | ||||
| ORD | Sale | 6,100 | 30.8749 USD | ||||
| ORD | Sale | 6,100 | 31.5733 USD | ||||
| ORD | Sale | 7,308 | 31.1550 USD | ||||
| ORD | Sale | 8,900 | 31.6694 USD | ||||
| ORD | Sale | 9,575 | 31.6624 USD | ||||
| ORD | Sale | 10,446 | 31.5126 USD | ||||
| ORD | Sale | 10,600 | 31.6797 USD | ||||
| ORD | Sale | 10,732 | 30.7685 USD | ||||
| ORD | Sale | 18,300 | 31.1482 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 | 1,000 | 27.5 USD | American | 20 Nov 2015 | 3.9000 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: | 14 Jul 2015 | |
| Contact name: | Rajesh Muthanna | |
| Telephone number: | 020 3555 4634 |
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 | Put Options | Purchased | -2,300 | 27.5000 | American | 21 Aug 2015 | |||||||
| ORD | Put Options | Purchased | -100 | 30.0000 | American | 17 Jul 2015 | |||||||
| ORD | Put Options | Purchased | -1,000 | 32.5000 | American | 21 Aug 2015 | |||||||
| ORD | Put Options | Written | 1,800 | 25.0000 | American | 21 Aug 2015 | |||||||
| ORD | Put Options | Written | 7,000 | 30.0000 | American | 21 Aug 2015 | |||||||
| ORD | Put Options | Written | 4,900 | 40.0000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 700 | 25.0000 | American | 21 Aug 2015 | |||||||
| ORD | Call Options | Purchased | 100 | 30.0000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 2,400 | 32.5000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 100 | 35.0000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 300 | 37.5000 | American | 21 Aug 2015 | |||||||
| ORD | Call Options | Written | -100 | 27.5000 | American | 17 Jul 2015 | |||||||
| ORD | Call Options | Written | -1,000 | 27.5000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Written | -500 | 32.5000 | American | 17 Jul 2015 | |||||||
| ORD | Call Options | Written | -1,500 | 32.5000 | American | 21 Aug 2015 | |||||||
| ORD | Call Options | Written | -3,500 | 35.0000 | American | 17 Jul 2015 | |||||||
| ORD | Call Options | Written | -11,500 | 35.0000 | American | 21 Aug 2015 | |||||||
| ORD | Call Options | Written | -12,100 | 37.5000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Written | -300 | 40.0000 | American | 21 Aug 2015 | |||||||
| ORD | Call Options | Written | -100 | 50.0000 | American | 17 Jul 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/20150714006008/en/
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