18th Jan 2018 15:11
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: | 17 January 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: | 65,296,999 | 3.80% | 28,406,366 | 1.65% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 6,902,739 | 0.40% | 59,042,475 | 3.44% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 72,199,738 | 4.20% | 87,448,841 | 5.09% | |||||||
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 | 29 | 4.4354 GBP | ||||
| 10p ordinary | Purchase | 232 | 4.4183 GBP | ||||
| 10p ordinary | Purchase | 401 | 4.4279 GBP | ||||
| 10p ordinary | Purchase | 550 | 4.4150 GBP | ||||
| 10p ordinary | Purchase | 801 | 4.4302 GBP | ||||
| 10p ordinary | Purchase | 969 | 4.4670 GBP | ||||
| 10p ordinary | Purchase | 2,091 | 4.4261 GBP | ||||
| 10p ordinary | Purchase | 3,356 | 4.4459 GBP | ||||
| 10p ordinary | Purchase | 3,431 | 4.4309 GBP | ||||
| 10p ordinary | Purchase | 10,656 | 4.4151 GBP | ||||
| 10p ordinary | Purchase | 20,000 | 4.4400 GBP | ||||
| 10p ordinary | Purchase | 20,408 | 4.4419 GBP | ||||
| 10p ordinary | Purchase | 22,024 | 6.1768 USD | ||||
| 10p ordinary | Purchase | 22,980 | 4.4708 GBP | ||||
| 10p ordinary | Purchase | 23,985 | 4.4318 GBP | ||||
| 10p ordinary | Purchase | 24,060 | 4.4760 GBP | ||||
| 10p ordinary | Purchase | 25,966 | 4.4257 GBP | ||||
| 10p ordinary | Purchase | 47,009 | 4.4299 GBP | ||||
| 10p ordinary | Purchase | 86,249 | 4.4411 GBP | ||||
| 10p ordinary | Purchase | 123,588 | 4.4353 GBP | ||||
| 10p ordinary | Purchase | 150,000 | 4.4491 GBP | ||||
| 10p ordinary | Purchase | 221,569 | 4.4755 GBP | ||||
| 10p ordinary | Purchase | 320,000 | 4.4707 GBP | ||||
| 10p ordinary | Purchase | 604,011 | 4.4519 GBP | ||||
| 10p ordinary | Purchase | 4,752,696 | 4.4243 GBP | ||||
| 10p ordinary | Sale | 407 | 4.4356 GBP | ||||
| 10p ordinary | Sale | 478 | 4.4130 GBP | ||||
| 10p ordinary | Sale | 1,123 | 4.4297 GBP | ||||
| 10p ordinary | Sale | 1,750 | 4.4220 GBP | ||||
| 10p ordinary | Sale | 6,458 | 4.4563 GBP | ||||
| 10p ordinary | Sale | 9,460 | 4.4524 GBP | ||||
| 10p ordinary | Sale | 12,109 | 4.4756 GBP | ||||
| 10p ordinary | Sale | 22,024 | 6.1768 USD | ||||
| 10p ordinary | Sale | 31,822 | 4.4301 GBP | ||||
| 10p ordinary | Sale | 40,447 | 4.4757 GBP | ||||
| 10p ordinary | Sale | 60,000 | 4.4223 GBP | ||||
| 10p ordinary | Sale | 78,363 | 4.4749 GBP | ||||
| 10p ordinary | Sale | 179,592 | 4.4694 GBP | ||||
| 10p ordinary | Sale | 185,963 | 4.4521 GBP | ||||
| 10p ordinary | Sale | 276,811 | 4.4412 GBP | ||||
| 10p ordinary | Sale | 286,814 | 4.4471 GBP | ||||
| 10p ordinary | Sale | 304,137 | 4.4652 GBP | ||||
| 10p ordinary | Sale | 526,156 | 4.4760 GBP | ||||
| 10p ordinary | Sale | 829,842 | 4.4676 GBP | ||||
| 10p ordinary | Sale | 919,913 | 4.4424 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 10p ordinary | SWAP | Long | 967 | 4.4200 GBP | |||||
| 10p ordinary | CFD | Long | 3,447 | 4.4004 GBP | |||||
| 10p ordinary | CFD | Long | 12,448 | 4.4114 GBP | |||||
| 10p ordinary | SWAP | Long | 25,824 | 4.4413 GBP | |||||
| 10p ordinary | SWAP | Long | 43,285 | 4.4321 GBP | |||||
| 10p ordinary | SWAP | Long | 55,413 | 4.4340 GBP | |||||
| 10p ordinary | SWAP | Long | 60,411 | 4.4455 GBP | |||||
| 10p ordinary | SWAP | Long | 302,830 | 4.4760 GBP | |||||
| 10p ordinary | SWAP | Long | 992,167 | 4.4417 GBP | |||||
| 10p ordinary | SWAP | Short | 29 | 4.4353 GBP | |||||
| 10p ordinary | SWAP | Short | 7,385 | 4.4731 GBP | |||||
| 10p ordinary | SWAP | Short | 8,771 | 4.4760 GBP | |||||
| 10p ordinary | CFD | Short | 22,024 | 4.4739 GBP | |||||
| 10p ordinary | SWAP | Short | 23,985 | 4.4318 GBP | |||||
| 10p ordinary | SWAP | Short | 24,323 | 4.4377 GBP | |||||
| 10p ordinary | SWAP | Short | 40,358 | 4.4504 GBP | |||||
| 10p ordinary | SWAP | Short | 60,446 | 4.4432 GBP | |||||
| 10p ordinary | SWAP | Short | 62,031 | 4.4736 GBP | |||||
| 10p ordinary | SWAP | Short | 66,678 | 4.4550 GBP | |||||
| 10p ordinary | CFD | Short | 69,173 | 4.4534 GBP | |||||
| 10p ordinary | CFD | Short | 104,253 | 4.4322 GBP | |||||
| 10p ordinary | CFD | Short | 111,678 | 4.4618 GBP | |||||
| 10p ordinary | SWAP | Short | 177,705 | 4.4418 GBP | |||||
| 10p ordinary | SWAP Expires 19/02/2019 | Short | 2,376,348 | 4.4243 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: | 18 Jan 2018 | ||
| 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.
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/20180118005873/en/
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BarclaysGKN PLC