23rd Jun 2015 14:13
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 June 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: | 26,224 | 0.02% | 379,436 | 0.26% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 125,000 | 0.09% | 740,183 | 0.51% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 14,900 | 0.01% | 30,800 | 0.02% | |||||||
| TOTAL: | 166,124 | 0.12% | 1,150,419 | 0.79% | |||||||
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 | 10 | 32.6200 USD | ||||
| ORD | Purchase | 100 | 32.2530 USD | ||||
| ORD | Purchase | 100 | 32.4200 USD | ||||
| ORD | Purchase | 180 | 32.6000 USD | ||||
| ORD | Purchase | 200 | 32.4000 USD | ||||
| ORD | Purchase | 200 | 32.5750 USD | ||||
| ORD | Purchase | 244 | 32.4175 USD | ||||
| ORD | Purchase | 280 | 32.6164 USD | ||||
| ORD | Purchase | 300 | 32.3600 USD | ||||
| ORD | Purchase | 300 | 32.5650 USD | ||||
| ORD | Purchase | 375 | 32.3725 USD | ||||
| ORD | Purchase | 380 | 32.5868 USD | ||||
| ORD | Purchase | 388 | 32.4747 USD | ||||
| ORD | Purchase | 400 | 32.4425 USD | ||||
| ORD | Purchase | 400 | 32.6400 USD | ||||
| ORD | Purchase | 600 | 32.4268 USD | ||||
| ORD | Purchase | 600 | 32.5050 USD | ||||
| ORD | Purchase | 700 | 32.3400 USD | ||||
| ORD | Purchase | 799 | 32.5292 USD | ||||
| ORD | Purchase | 800 | 32.6221 USD | ||||
| ORD | Purchase | 900 | 32.6355 USD | ||||
| ORD | Purchase | 1,000 | 32.6450 USD | ||||
| ORD | Purchase | 1,273 | 32.3580 USD | ||||
| ORD | Purchase | 1,376 | 32.5004 USD | ||||
| ORD | Purchase | 1,521 | 32.2400 USD | ||||
| ORD | Purchase | 3,200 | 32.5195 USD | ||||
| ORD | Purchase | 4,328 | 32.3965 USD | ||||
| ORD | Purchase | 7,159 | 32.5614 USD | ||||
| ORD | Purchase | 7,500 | 32.4897 USD | ||||
| ORD | Purchase | 12,500 | 32.3877 USD | ||||
| ORD | Purchase | 12,500 | 32.4605 USD | ||||
| ORD | Purchase | 14,238 | 32.4411 USD | ||||
| ORD | Sale | 2 | 32.5600 USD | ||||
| ORD | Sale | 45 | 32.2500 USD | ||||
| ORD | Sale | 45 | 32.4500 USD | ||||
| ORD | Sale | 100 | 32.2530 USD | ||||
| ORD | Sale | 100 | 32.4000 USD | ||||
| ORD | Sale | 100 | 32.4600 USD | ||||
| ORD | Sale | 100 | 32.4800 USD | ||||
| ORD | Sale | 100 | 32.5100 USD | ||||
| ORD | Sale | 100 | 32.6450 USD | ||||
| ORD | Sale | 194 | 32.4747 USD | ||||
| ORD | Sale | 300 | 32.3633 USD | ||||
| ORD | Sale | 300 | 32.4366 USD | ||||
| ORD | Sale | 314 | 32.3500 USD | ||||
| ORD | Sale | 410 | 32.4614 USD | ||||
| ORD | Sale | 451 | 32.4586 USD | ||||
| ORD | Sale | 500 | 32.3740 USD | ||||
| ORD | Sale | 618 | 32.3969 USD | ||||
| ORD | Sale | 700 | 32.3900 USD | ||||
| ORD | Sale | 700 | 32.4542 USD | ||||
| ORD | Sale | 738 | 32.4436 USD | ||||
| ORD | Sale | 760 | 32.5868 USD | ||||
| ORD | Sale | 800 | 32.4993 USD | ||||
| ORD | Sale | 1,100 | 32.4928 USD | ||||
| ORD | Sale | 1,521 | 32.2400 USD | ||||
| ORD | Sale | 1,600 | 32.4700 USD | ||||
| ORD | Sale | 2,300 | 32.5327 USD | ||||
| ORD | Sale | 3,675 | 32.4926 USD | ||||
| ORD | Sale | 3,900 | 32.4854 USD | ||||
| ORD | Sale | 4,513 | 32.3874 USD | ||||
| ORD | Sale | 4,700 | 32.4599 USD | ||||
| ORD | Sale | 5,400 | 32.4578 USD | ||||
| ORD | Sale | 6,987 | 32.3887 USD | ||||
| ORD | Sale | 7,201 | 32.3772 USD | ||||
| ORD | Sale | 9,578 | 32.5463 USD | ||||
| ORD | Sale | 11,811 | 32.4459 USD | ||||
| ORD | Sale | 209,300 | 32.6150 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 27/07/2015 | Long | 207,000 | 32.6150 USD |
(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 | 300 | 32.5 USD | American | 19 Jun 2015 | 0.0100 USD | ||||||||
| ORD | Call Options | Purchasing | 200 | 35 USD | American | 19 Jun 2015 | 0.0100 USD | ||||||||
| ORD | Call Options | Purchasing | 500 | 35 USD | American | 17 Jul 2015 | 0.1500 USD | ||||||||
| ORD | Call Options | Purchasing | 1,400 | 37.5 USD | American | 19 Jun 2015 | 0.1000 USD | ||||||||
| ORD | Call Options | Purchasing | 3,800 | 40 USD | American | 19 Jun 2015 | 0.1000 USD | ||||||||
| ORD | Call Options | Selling | 500 | 32.5 USD | American | 17 Jul 2015 | 0.9500 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: | 23 Jun 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 | Put Options | Purchased | -2,100 | 27.5000 | American | 21 Aug 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 | 100 | 35.0000 | American | 20 Nov 2015 | |||||||
| ORD | Call Options | Purchased | 300 | 37.5000 | American | 21 Aug 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 | -9,700 | 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/20150623005905/en/
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