10th Sep 2015 15:37
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: | 09 September 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: | 41,993 | 0.03% | 398,508 | 0.27% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 125,000 | 0.09% | 414,359 | 0.28% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 9,500 | 0.01% | 16,900 | 0.01% | |||||||
| TOTAL: | 176,493 | 0.13% | 829,767 | 0.56% | |||||||
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 | 27.5350 USD | ||||
| ORD | Purchase | 100 | 28.3700 USD | ||||
| ORD | Purchase | 100 | 27.8800 USD | ||||
| ORD | Purchase | 100 | 27.7750 USD | ||||
| ORD | Purchase | 105 | 27.4800 USD | ||||
| ORD | Purchase | 198 | 27.5700 USD | ||||
| ORD | Purchase | 240 | 27.9629 USD | ||||
| ORD | Purchase | 280 | 27.6305 USD | ||||
| ORD | Purchase | 300 | 27.9000 USD | ||||
| ORD | Purchase | 300 | 27.6999 USD | ||||
| ORD | Purchase | 360 | 27.9076 USD | ||||
| ORD | Purchase | 405 | 27.7318 USD | ||||
| ORD | Purchase | 467 | 27.7757 USD | ||||
| ORD | Purchase | 500 | 27.7110 USD | ||||
| ORD | Purchase | 578 | 27.5742 USD | ||||
| ORD | Purchase | 600 | 27.7800 USD | ||||
| ORD | Purchase | 841 | 27.6008 USD | ||||
| ORD | Purchase | 900 | 28.3355 USD | ||||
| ORD | Purchase | 1,316 | 27.8105 USD | ||||
| ORD | Purchase | 1,413 | 27.6840 USD | ||||
| ORD | Purchase | 1,800 | 28.2010 USD | ||||
| ORD | Purchase | 1,816 | 27.7831 USD | ||||
| ORD | Purchase | 2,609 | 26.7300 USD | ||||
| ORD | Purchase | 2,781 | 27.7324 USD | ||||
| ORD | Purchase | 4,300 | 28.1225 USD | ||||
| ORD | Purchase | 4,700 | 27.9774 USD | ||||
| ORD | Purchase | 5,100 | 27.8837 USD | ||||
| ORD | Purchase | 5,103 | 28.0931 USD | ||||
| ORD | Purchase | 8,985 | 28.0496 USD | ||||
| ORD | Purchase | 9,001 | 27.7336 USD | ||||
| ORD | Purchase | 9,100 | 28.1349 USD | ||||
| ORD | Purchase | 9,826 | 27.7127 USD | ||||
| ORD | Purchase | 10,300 | 27.6350 USD | ||||
| ORD | Purchase | 12,816 | 28.0883 USD | ||||
| ORD | Purchase | 14,400 | 27.8126 USD | ||||
| ORD | Purchase | 14,803 | 28.3331 USD | ||||
| ORD | Purchase | 34,554 | 27.9982 USD | ||||
| ORD | Sale | 100 | 27.8700 USD | ||||
| ORD | Sale | 100 | 27.7600 USD | ||||
| ORD | Sale | 100 | 27.5700 USD | ||||
| ORD | Sale | 178 | 27.4600 USD | ||||
| ORD | Sale | 200 | 27.6800 USD | ||||
| ORD | Sale | 300 | 28.1083 USD | ||||
| ORD | Sale | 300 | 27.7066 USD | ||||
| ORD | Sale | 478 | 28.8723 USD | ||||
| ORD | Sale | 574 | 27.5618 USD | ||||
| ORD | Sale | 578 | 27.5742 USD | ||||
| ORD | Sale | 600 | 28.6300 USD | ||||
| ORD | Sale | 600 | 28.4766 USD | ||||
| ORD | Sale | 800 | 28.1606 USD | ||||
| ORD | Sale | 843 | 28.0856 USD | ||||
| ORD | Sale | 1,000 | 29.1500 USD | ||||
| ORD | Sale | 1,500 | 28.4680 USD | ||||
| ORD | Sale | 1,800 | 28.6255 USD | ||||
| ORD | Sale | 1,816 | 27.7831 USD | ||||
| ORD | Sale | 2,200 | 28.2668 USD | ||||
| ORD | Sale | 2,609 | 26.7300 USD | ||||
| ORD | Sale | 2,611 | 28.1509 USD | ||||
| ORD | Sale | 2,650 | 27.7748 USD | ||||
| ORD | Sale | 3,934 | 27.8979 USD | ||||
| ORD | Sale | 4,300 | 28.2282 USD | ||||
| ORD | Sale | 4,500 | 28.0100 USD | ||||
| ORD | Sale | 4,800 | 28.0514 USD | ||||
| ORD | Sale | 6,229 | 27.9675 USD | ||||
| ORD | Sale | 7,300 | 28.4858 USD | ||||
| ORD | Sale | 11,360 | 27.7902 USD | ||||
| ORD | Sale | 14,600 | 27.8048 USD | ||||
| ORD | Sale | 25,952 | 27.6601 USD | ||||
| ORD | Sale | 52,742 | 27.9994 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 | Purchasing | 600 | 30 USD | American | 20 Nov 2015 | 0.9600 USD | ||||||||
| ORD | Call Options | Selling | 200 | 27.5000 USD | American | 20 Nov 2015 | 2.1700 USD | ||||||||
| ORD | Call Options | Selling | 2,500 | 30 USD | American | 16 Oct 2015 | 0.5500 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: 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: | 10 Sep 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 | -1,300 | 27.5000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 700 | 30.0000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Written | -13,100 | 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/20150910006111/en/
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