7th Feb 2018 12:30
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 | GKN PLC | |||
| 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: | 06 February 2018 | |||
| (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? | MELROSE INDUSTRIES 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: | 10p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 77,264,927 | 4.50% | 16,763,883 | 0.98% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 3,858,108 | 0.22% | 74,520,368 | 4.34% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 81,123,035 | 4.72% | 91,284,251 | 5.31% | |||||||
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 | ||||||
| 10p ordinary | Purchase | 250 | 4.0880 GBP | ||||
| 10p ordinary | Purchase | 650 | 4.0535 GBP | ||||
| 10p ordinary | Purchase | 771 | 4.0928 GBP | ||||
| 10p ordinary | Purchase | 1,295 | 4.0732 GBP | ||||
| 10p ordinary | Purchase | 1,346 | 4.0283 GBP | ||||
| 10p ordinary | Purchase | 1,397 | 4.0896 GBP | ||||
| ADR | Purchase | 4,000 | 5.6500 USD | ||||
| 10p ordinary | Purchase | 4,647 | 4.0673 GBP | ||||
| 10p ordinary | Purchase | 5,054 | 4.0749 GBP | ||||
| 10p ordinary | Purchase | 8,758 | 4.0340 GBP | ||||
| 10p ordinary | Purchase | 10,800 | 4.0694 GBP | ||||
| 10p ordinary | Purchase | 16,840 | 4.0695 GBP | ||||
| 10p ordinary | Purchase | 39,386 | 4.0258 GBP | ||||
| 10p ordinary | Purchase | 43,060 | 4.0688 GBP | ||||
| 10p ordinary | Purchase | 46,693 | 4.0383 GBP | ||||
| 10p ordinary | Purchase | 60,511 | 4.0677 GBP | ||||
| 10p ordinary | Purchase | 128,537 | 4.0641 GBP | ||||
| 10p ordinary | Purchase | 134,152 | 4.0549 GBP | ||||
| 10p ordinary | Purchase | 272,789 | 4.0500 GBP | ||||
| 10p ordinary | Purchase | 482,463 | 4.0556 GBP | ||||
| 10p ordinary | Purchase | 513,758 | 4.0690 GBP | ||||
| 10p ordinary | Sale | 650 | 4.0535 GBP | ||||
| 10p ordinary | Sale | 771 | 4.0930 GBP | ||||
| 10p ordinary | Sale | 1,451 | 4.0929 GBP | ||||
| 10p ordinary | Sale | 2,428 | 4.0950 GBP | ||||
| ADR | Sale | 4,000 | 5.6500 USD | ||||
| 10p ordinary | Sale | 4,881 | 4.0745 GBP | ||||
| 10p ordinary | Sale | 5,526 | 4.0490 GBP | ||||
| 10p ordinary | Sale | 10,000 | 4.0433 GBP | ||||
| 10p ordinary | Sale | 10,286 | 4.0482 GBP | ||||
| 10p ordinary | Sale | 11,420 | 4.0690 GBP | ||||
| 10p ordinary | Sale | 18,308 | 4.0662 GBP | ||||
| 10p ordinary | Sale | 23,150 | 3.9466 GBP | ||||
| 10p ordinary | Sale | 33,634 | 4.0633 GBP | ||||
| 10p ordinary | Sale | 70,835 | 3.9498 GBP | ||||
| 10p ordinary | Sale | 100,000 | 4.0310 GBP | ||||
| 10p ordinary | Sale | 105,919 | 3.9696 GBP | ||||
| 10p ordinary | Sale | 111,742 | 4.0694 GBP | ||||
| 10p ordinary | Sale | 181,971 | 3.9763 GBP | ||||
| 10p ordinary | Sale | 191,638 | 4.0417 GBP | ||||
| 10p ordinary | Sale | 485,724 | 4.0510 GBP | ||||
| 10p ordinary | Sale | 506,793 | 4.0679 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 10p ordinary | CFD | Long | 2,000 | 4.0626 GBP | |||||
| 10p ordinary | CFD | Long | 2,589 | 4.0642 GBP | |||||
| 10p ordinary | SWAP | Long | 2,999 | 3.9200 GBP | |||||
| 10p ordinary | SWAP | Long | 4,795 | 3.9848 GBP | |||||
| 10p ordinary | CFD | Long | 4,881 | 4.0745 GBP | |||||
| 10p ordinary | SWAP | Long | 6,090 | 4.0377 GBP | |||||
| 10p ordinary | SWAP | Long | 6,157 | 4.0808 GBP | |||||
| 10p ordinary | CFD | Long | 10,286 | 4.0483 GBP | |||||
| 10p ordinary | SWAP | Long | 10,988 | 4.0520 GBP | |||||
| 10p ordinary | SWAP | Long | 18,308 | 4.0662 GBP | |||||
| 10p ordinary | CFD | Long | 25,224 | 4.0686 GBP | |||||
| 10p ordinary | SWAP | Long | 245,518 | 4.0261 GBP | |||||
| 10p ordinary | SWAP | Long | 706,519 | 4.0721 GBP | |||||
| 10p ordinary | SWAP | Short | 1,295 | 4.0732 GBP | |||||
| 10p ordinary | CFD | Short | 2,000 | 4.0553 GBP | |||||
| 10p ordinary | SWAP | Short | 4,647 | 4.0673 GBP | |||||
| 10p ordinary | SWAP | Short | 4,733 | 4.0873 GBP | |||||
| 10p ordinary | SWAP | Short | 4,975 | 4.0850 GBP | |||||
| 10p ordinary | SWAP | Short | 10,800 | 4.0695 GBP | |||||
| 10p ordinary | CFD | Short | 43,060 | 4.0688 GBP | |||||
| 10p ordinary | CFD | Short | 46,693 | 4.0383 GBP | |||||
| 10p ordinary | SWAP | Short | 46,872 | 4.0093 GBP | |||||
| 10p ordinary | CFD | Short | 134,152 | 4.0549 GBP | |||||
| 10p ordinary | SWAP | Short | 179,953 | 4.0593 GBP | |||||
| 10p ordinary | CFD | Short | 264,764 | 4.0500 GBP | |||||
| 10p ordinary | CFD | Short | 286,327 | 4.0623 GBP | |||||
| 10p ordinary | SWAP | Short | 553,766 | 4.0690 GBP |
(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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none” |
| 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” |
| None |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||
| Date of disclosure: | 7 Feb 2018 | ||
| Contact name: | Elise Tang | ||
| Telephone number: | 0207 1163 001 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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/20180207005648/en/
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BarclaysGKN PLC