29th Jul 2013 10:25
FORM 8.3
IRISH TAKEOVER PANEL
DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2007 (AS AMENDED)
DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
1. KEY INFORMATION
| Name of person dealing (Note 1) | Barclays PLC. | |
| Company dealt in | Elan Corporation plc | |
| Class of relevant security to which the dealings being disclosed relate (Note 2) | €0.05 ordinary shares | |
| Date of dealing | 25 July 2013 |
2. INTERESTS AND SHORT POSITIONS
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
| Class of relevant security: | ORD | ||||||||||
| Long | Short | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities | ||||||||||
| 2,907,051 | 0.57% | 1,276,411 | 0.25% | ||||||||
| (2) | Derivatives (other than options): | ||||||||||
| 101,000 | 0.02% | 2,608,577 | 0.51% | ||||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | TOTAL: | ||||||||||
| 3,008,051 | 0.59% | 3,884,988 | 0.76% | ||||||||
| Class of relevant security: | ADR | ||||||||||
| Long | Short | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities | ||||||||||
| 162,767 | 0.03% | 3,824,274 | 0.75% | ||||||||
| (2) | Derivatives (other than options): | ||||||||||
| 0 | 0.00% | 0 | 0.00% | ||||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 7,243,100 | 1.42% | 6,948,800 | 1.36% | |||||||
| (4) | TOTAL: | ||||||||||
| 7,405,867 | 1.45% | 10,773,074 | 2.11% |
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
| Class of relevant security: | Long | Short | ||
| Number (%) | Number (%) | |||
| (1) Relevant securities | ||||
| (2) Derivatives (other than options) | ||||
| (3) Options and agreements to purchase/sell | ||||
| Total |
3. DEALINGS (Note 4)
(a) Purchases and sales
| Purchase/sale | Number of relevant securities | Price per unit | |||
| Purchase | 62 | 11.1316 EUR | |||
| Purchase | 462 | 11.0000 EUR | |||
| Purchase | 1,222 | 11.0368 EUR | |||
| Purchase | 2,236 | 11.0079 EUR | |||
| Purchase | 77,691 | 11.0453 EUR | |||
| Sale | 382 | 11.1300 EUR | |||
| Sale | 1,183 | 10.9996 EUR | |||
| Sale | 3,200 | 11.1199 EUR | |||
| Sale | 6,040 | 11.0022 EUR | |||
| Sale | 57,493 | 11.1178 EUR | |||
| Purchase | 100 | 14.9400 USD | |||
| Purchase | 300 | 14.8500 USD | |||
| Purchase | 328 | 14.8829 USD | |||
| Purchase | 500 | 14.8730 USD | |||
| Purchase | 600 | 14.8900 USD | |||
| Purchase | 800 | 14.8790 USD | |||
| Purchase | 900 | 14.8388 USD | |||
| Purchase | 1,024 | 14.8712 USD | |||
| Purchase | 1,300 | 14.8684 USD | |||
| Purchase | 1,300 | 14.8976 USD | |||
| Purchase | 1,600 | 14.8631 USD | |||
| Purchase | 1,700 | 14.8917 USD | |||
| Purchase | 1,900 | 14.8873 USD | |||
| Purchase | 2,000 | 14.8697 USD | |||
| Purchase | 2,200 | 14.8936 USD | |||
| Purchase | 2,252 | 14.8806 USD | |||
| Purchase | 2,400 | 14.8685 USD | |||
| Purchase | 2,704 | 14.8725 USD | |||
| Purchase | 3,304 | 14.8742 USD | |||
| Purchase | 3,650 | 14.8823 USD | |||
| Purchase | 3,731 | 14.8764 USD | |||
| Purchase | 3,952 | 14.8750 USD | |||
| Purchase | 4,400 | 14.9306 USD | |||
| Purchase | 5,000 | 14.8755 USD | |||
| Purchase | 5,201 | 14.8771 USD | |||
| Purchase | 5,400 | 14.9333 USD | |||
| Purchase | 5,860 | 14.8972 USD | |||
| Purchase | 7,300 | 14.9036 USD | |||
| Purchase | 7,872 | 14.9305 USD | |||
| Purchase | 8,000 | 14.8913 USD | |||
| Purchase | 8,009 | 14.8668 USD | |||
| Purchase | 8,415 | 14.8832 USD | |||
| Purchase | 8,800 | 14.9191 USD | |||
| Purchase | 8,877 | 14.8723 USD | |||
| Purchase | 9,936 | 14.8791 USD | |||
| Purchase | 11,450 | 14.8803 USD | |||
| Purchase | 11,486 | 14.8781 USD | |||
| Purchase | 11,850 | 14.8893 USD | |||
| Purchase | 12,100 | 14.9189 USD | |||
| Purchase | 13,200 | 14.9149 USD | |||
| Purchase | 14,784 | 14.8904 USD | |||
| Purchase | 19,000 | 14.8800 USD | |||
| Purchase | 19,161 | 14.8656 USD | |||
| Purchase | 20,233 | 14.8673 USD | |||
| Purchase | 26,800 | 14.8830 USD | |||
| Purchase | 27,765 | 14.8607 USD | |||
| Purchase | 33,138 | 14.8817 USD | |||
| Purchase | 37,400 | 14.8778 USD | |||
| Purchase | 37,600 | 14.8634 USD | |||
| Purchase | 46,126 | 14.8973 USD | |||
| Purchase | 50,100 | 14.8769 USD | |||
| Purchase | 64,965 | 14.8727 USD | |||
| Purchase | 65,000 | 14.8927 USD | |||
| Purchase | 113,533 | 14.8760 USD | |||
| Purchase | 128,329 | 14.8741 USD | |||
| Purchase | 135,258 | 14.9146 USD | |||
| Purchase | 146,800 | 14.8821 USD | |||
| Purchase | 157,327 | 14.8912 USD | |||
| Purchase | 163,992 | 14.8733 USD | |||
| Purchase | 183,236 | 14.8836 USD | |||
| Purchase | 201,800 | 14.9188 USD | |||
| Sale | 188 | 14.9059 USD | |||
| Sale | 200 | 14.8800 USD | |||
| Sale | 300 | 14.8766 USD | |||
| Sale | 500 | 14.8100 USD | |||
| Sale | 581 | 14.8600 USD | |||
| Sale | 600 | 14.8958 USD | |||
| Sale | 700 | 14.8628 USD | |||
| Sale | 700 | 14.8911 USD | |||
| Sale | 700 | 14.8935 USD | |||
| Sale | 700 | 14.9185 USD | |||
| Sale | 800 | 14.8775 USD | |||
| Sale | 900 | 14.8790 USD | |||
| Sale | 1,000 | 14.8905 USD | |||
| Sale | 1,002 | 14.8719 USD | |||
| Sale | 1,100 | 14.8618 USD | |||
| Sale | 1,100 | 14.9257 USD | |||
| Sale | 1,200 | 14.8700 USD | |||
| Sale | 1,200 | 14.8716 USD | |||
| Sale | 1,300 | 14.8823 USD | |||
| Sale | 1,300 | 14.8838 USD | |||
| Sale | 1,400 | 14.8900 USD | |||
| Sale | 1,500 | 14.8500 USD | |||
| Sale | 1,600 | 14.9100 USD | |||
| Sale | 1,800 | 14.8738 USD | |||
| Sale | 1,900 | 14.8694 USD | |||
| Sale | 1,900 | 14.8726 USD | |||
| Sale | 1,900 | 14.9030 USD | |||
| Sale | 1,900 | 14.9300 USD | |||
| Sale | 2,000 | 14.8835 USD | |||
| Sale | 2,000 | 14.9000 USD | |||
| Sale | 2,300 | 14.8699 USD | |||
| Sale | 2,500 | 14.8772 USD | |||
| Sale | 2,650 | 14.8732 USD | |||
| Sale | 2,700 | 14.8686 USD | |||
| Sale | 2,773 | 14.9116 USD | |||
| Sale | 2,800 | 14.8708 USD | |||
| Sale | 2,800 | 14.9158 USD | |||
| Sale | 2,845 | 14.8890 USD | |||
| Sale | 3,100 | 14.9305 USD | |||
| Sale | 3,600 | 14.8816 USD | |||
| Sale | 3,600 | 14.9097 USD | |||
| Sale | 4,015 | 14.8791 USD | |||
| Sale | 4,438 | 14.9179 USD | |||
| Sale | 4,600 | 14.8939 USD | |||
| Sale | 4,800 | 14.8739 USD | |||
| Sale | 4,900 | 14.9139 USD | |||
| Sale | 5,100 | 14.8776 USD | |||
| Sale | 6,100 | 14.8788 USD | |||
| Sale | 6,751 | 14.8863 USD | |||
| Sale | 6,932 | 14.8753 USD | |||
| Sale | 8,200 | 14.9198 USD | |||
| Sale | 9,212 | 14.9021 USD | |||
| Sale | 10,400 | 14.9127 USD | |||
| Sale | 11,900 | 14.8892 USD | |||
| Sale | 12,083 | 14.8426 USD | |||
| Sale | 14,153 | 14.8798 USD | |||
| Sale | 15,066 | 14.9040 USD | |||
| Sale | 16,000 | 14.8997 USD | |||
| Sale | 16,857 | 14.9688 USD | |||
| Sale | 20,300 | 14.8894 USD | |||
| Sale | 20,600 | 14.8826 USD | |||
| Sale | 20,800 | 14.8609 USD | |||
| Sale | 20,900 | 14.9128 USD | |||
| Sale | 21,191 | 14.8748 USD | |||
| Sale | 23,500 | 14.9225 USD | |||
| Sale | 25,376 | 14.8821 USD | |||
| Sale | 29,450 | 14.8811 USD | |||
| Sale | 29,700 | 14.8674 USD | |||
| Sale | 31,471 | 14.8813 USD | |||
| Sale | 32,700 | 14.8710 USD | |||
| Sale | 35,916 | 14.8865 USD | |||
| Sale | 40,091 | 14.9353 USD | |||
| Sale | 40,800 | 14.8717 USD | |||
| Sale | 42,284 | 14.8833 USD | |||
| Sale | 45,461 | 14.8803 USD | |||
| Sale | 46,500 | 14.8765 USD | |||
| Sale | 59,684 | 14.8749 USD | |||
| Sale | 70,000 | 14.8713 USD | |||
| Sale | 112,888 | 14.9218 USD | |||
| Sale | 130,736 | 14.8855 USD | |||
| Sale | 163,100 | 14.8955 USD | |||
| Sale | 164,800 | 14.8789 USD | |||
| Sale | 573,782 | 14.8817 USD |
(b) Derivatives transactions (other than options transactions)
| Product Name | Nature of transaction | Number of relevant securities | Price per | ||||
| unit | |||||||
| ORD | Long | 3,769 | 11.1106 EUR | ||||
| ORD | Long | 11,961 | 11.0559 EUR | ||||
| ORD | Long | 41,763 | 11.1325 EUR | ||||
| ORD | Short | 7,316 | 11.1460 EUR | ||||
| ORD | Short | 9,850 | 11.0283 EUR | ||||
| ORD | Short | 60,525 | 11.0393 EUR |
(c) Options transactions in respect of existing relevant securities
(i) Writing, selling, purchasing or varying
| Product | Writing, | Number | Exercise | Type | Expiry | Option | |||||||
| description | purchasing, | of | price | date | money | ||||||||
| selling, | securities | per unit | paid/ | ||||||||||
| varying etc | to which | received | |||||||||||
| option | per unit | ||||||||||||
| relates | |||||||||||||
| Call Option | Purchasing | 464,300 | 15 USD | American | 17 Aug 2013 | 0.4000 USD | |||||||
| Call Option | Purchasing | 2,500 | 15 USD | American | 18 Jan 2014 | 0.7856 USD | |||||||
| Call Option | Purchasing | 39,500 | 17 USD | American | 18 Jan 2014 | 0.1826 USD | |||||||
| Call Option | Selling | 100 | 12 USD | American | 18 Jan 2014 | 3.2000 USD | |||||||
| Call Option | Selling | 3,300 | 14 USD | American | 17 Aug 2013 | 1.1136 USD | |||||||
| Call Option | Selling | 2,700 | 14 USD | American | 18 Jan 2014 | 1.4366 USD | |||||||
| Call Option | Selling | 17,300 | 15 USD | American | 19 Oct 2013 | 0.7374 USD | |||||||
| Call Option | Selling | 9,900 | 16 USD | American | 17 Aug 2013 | 0.1974 USD | |||||||
| Call Option | Selling | 3,500 | 17 USD | American | 18 Jan 2014 | 0.2000 USD | |||||||
| Put Option | Purchasing | 22,700 | 14 USD | American | 18 Jan 2014 | 0.5000 USD | |||||||
| Put Option | Purchasing | 5,500 | 16 USD | American | 17 Aug 2013 | 1.2709 USD | |||||||
| Put Option | Selling | 13,700 | 14 USD | American | 17 Aug 2013 | 0.2383 USD |
(ii) Exercising
| Product name, e.g. call option | Number of securities | Exercise price per unit (Note 5) |
(d) Other dealings (including transactions in respect of new securities) (Note 4)
| Nature of transaction (Note 8) | Details | Price per unit (if applicable) (Note 5) |
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
| Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
Is a Supplemental Form 8 attached? (Note 9) YES
| Date of disclosure | 29 Jul 2013 | |
| Contact name | Rajesh Muthanna | |
| Telephone number | 020 3555 4634 | |
| If a connected EFM, name of offeree/offeror with which connected | ||
| If a connected EFM, state nature of connection (Note 10) |
SUPPLEMENTAL FORM 8
IRISH TAKEOVER PANEL
DISCLOSURE UNDER RULE 8.1 AND RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2007 (AS AMENDED)
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1(a) & (b)(i), Form 8.1(b)(ii) or Form 8.3, as appropriate)
OPEN POSITIONS (Note 1)
| Product name | Written or | Number of | Exercise | Type | Expiry | ||||||
| purchased | relevant securities | price | date | ||||||||
| to which the option | |||||||||||
| or derivative | |||||||||||
| relates | |||||||||||
| Call Options | Purchased | 200 | 6.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Purchased | 246,600 | 10.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 100 | 10.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Purchased | 4,600 | 12.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Purchased | 343,500 | 12.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 600 | 12.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Purchased | 850,000 | 13.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Purchased | 1,513,700 | 14.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Purchased | 1,500,000 | 14.0000 | American | 21 Sep 2013 | ||||||
| Call Options | Purchased | 78,400 | 14.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Purchased | 200 | 15.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Purchased | 351,600 | 16.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Purchased | 5,300 | 16.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Purchased | 139,600 | 16.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 40,300 | 17.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 400 | 18.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 1,400 | 20.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Purchased | 4,200 | 22.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Purchased | 700 | 25.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -2,400 | 5.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -3,000 | 9.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Written | -1,000 | 10.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Written | -100 | 10.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Written | -3,100 | 11.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Written | -3,000 | 11.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -500,000 | 12.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Written | -19,900 | 13.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Written | -15,800 | 13.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -47,500 | 14.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Written | -100 | 14.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -1,168,600 | 15.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Written | -228,400 | 15.0000 | American | 19 Oct 2013 | ||||||
| Call Options | Written | -12,100 | 15.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -1,700 | 15.0000 | American | 17 Jan 2015 | ||||||
| Call Options | Written | -4,600 | 16.0000 | American | 17 Aug 2013 | ||||||
| Call Options | Written | -800 | 17.0000 | American | 18 Jan 2014 | ||||||
| Call Options | Written | -100 | 22.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 2,000 | 5.0000 | American | 17 Jan 2015 | ||||||
| Put Options | Purchased | 413,000 | 10.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 600 | 10.0000 | American | 17 Jan 2015 | ||||||
| Put Options | Purchased | 1,555,000 | 11.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 42,700 | 12.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 2,300 | 12.0000 | American | 17 Jan 2015 | ||||||
| Put Options | Purchased | 38,800 | 13.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 24,500 | 14.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Purchased | 77,200 | 14.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Purchased | 100 | 15.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Purchased | 5,500 | 16.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Written | -300 | 8.0000 | American | 17 Jan 2015 | ||||||
| Put Options | Written | -4,600 | 10.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Written | -9,900 | 10.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Written | -800,000 | 11.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Written | -12,700 | 11.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Written | -6,200 | 11.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Written | -1,374,200 | 12.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Written | -1,500,000 | 12.0000 | American | 21 Sep 2013 | ||||||
| Put Options | Written | -74,900 | 12.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Written | -8,300 | 12.0000 | American | 17 Jan 2015 | ||||||
| Put Options | Written | -666,300 | 13.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Written | -1,000 | 13.0000 | American | 21 Sep 2013 | ||||||
| Put Options | Written | -4,000 | 13.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Written | -417,400 | 14.0000 | American | 17 Aug 2013 | ||||||
| Put Options | Written | -50,200 | 14.0000 | American | 18 Jan 2014 | ||||||
| Put Options | Written | -3,200 | 15.0000 | American | 19 Oct 2013 | ||||||
| Put Options | Written | -3,400 | 22.0000 | American | 18 Jan 2014 |
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel.
Copyright Business Wire 2013
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