27th Feb 2018 11:58
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: | 26 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: | 91,041,772 | 5.30% | 4,485,412 | 0.26% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 3,250,390 | 0.19% | 88,243,219 | 5.14% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 94,292,162 | 5.49% | 92,728,631 | 5.40% | |||||||
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 | 7 | 4.3130 GBP | ||||
| ADR | Purchase | 500 | 5.9300 USD | ||||
| 10p ordinary | Purchase | 736 | 4.2930 GBP | ||||
| 10p ordinary | Purchase | 774 | 4.2890 GBP | ||||
| 10p ordinary | Purchase | 2,583 | 4.3010 GBP | ||||
| ADR | Purchase | 7,200 | 5.9600 USD | ||||
| 10p ordinary | Purchase | 8,100 | 4.3131 GBP | ||||
| 10p ordinary | Purchase | 11,030 | 4.2997 GBP | ||||
| 10p ordinary | Purchase | 16,617 | 4.2967 GBP | ||||
| 10p ordinary | Purchase | 17,515 | 4.2709 GBP | ||||
| 10p ordinary | Purchase | 42,554 | 4.2969 GBP | ||||
| 10p ordinary | Purchase | 64,425 | 4.1965 GBP | ||||
| 10p ordinary | Purchase | 66,541 | 4.2854 GBP | ||||
| 10p ordinary | Purchase | 153,872 | 4.2833 GBP | ||||
| 10p ordinary | Purchase | 164,320 | 4.2876 GBP | ||||
| 10p ordinary | Purchase | 500,000 | 4.2925 GBP | ||||
| 10p ordinary | Purchase | 510,575 | 4.2982 GBP | ||||
| 10p ordinary | Purchase | 561,628 | 4.2998 GBP | ||||
| 10p ordinary | Purchase | 575,000 | 4.2980 GBP | ||||
| 10p ordinary | Purchase | 700,000 | 4.2965 GBP | ||||
| 10p ordinary | Purchase | 800,000 | 4.2788 GBP | ||||
| 10p ordinary | Purchase | 1,000,000 | 4.2839 GBP | ||||
| 10p ordinary | Purchase | 1,000,000 | 4.2802 GBP | ||||
| 10p ordinary | Purchase | 1,000,000 | 4.3049 GBP | ||||
| 10p ordinary | Sale | 7 | 4.3130 GBP | ||||
| 10p ordinary | Sale | 184 | 4.2900 GBP | ||||
| ADR | Sale | 500 | 5.9300 USD | ||||
| 10p ordinary | Sale | 626 | 4.3000 GBP | ||||
| 10p ordinary | Sale | 2,788 | 4.2911 GBP | ||||
| 10p ordinary | Sale | 6,619 | 4.3122 GBP | ||||
| ADR | Sale | 7,200 | 5.9600 USD | ||||
| 10p ordinary | Sale | 19,662 | 4.2952 GBP | ||||
| 10p ordinary | Sale | 29,079 | 4.2996 GBP | ||||
| 10p ordinary | Sale | 32,769 | 4.2958 GBP | ||||
| 10p ordinary | Sale | 39,083 | 4.3022 GBP | ||||
| 10p ordinary | Sale | 70,886 | 4.2832 GBP | ||||
| 10p ordinary | Sale | 198,998 | 4.2976 GBP | ||||
| 10p ordinary | Sale | 546,607 | 4.3001 GBP | ||||
| 10p ordinary | Sale | 776,664 | 4.2980 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 | 500 | 4.2896 GBP | |||||
| 10p ordinary | SWAP | Long | 729 | 4.2979 GBP | |||||
| 10p ordinary | CFD | Long | 2,788 | 4.2911 GBP | |||||
| 10p ordinary | SWAP | Long | 3,514 | 4.2663 GBP | |||||
| 10p ordinary | CFD | Long | 3,975 | 4.3106 GBP | |||||
| 10p ordinary | CFD | Long | 6,619 | 4.3122 GBP | |||||
| 10p ordinary | CFD | Long | 8,600 | 4.2836 GBP | |||||
| 10p ordinary | SWAP | Long | 18,670 | 4.3000 GBP | |||||
| 10p ordinary | CFD | Long | 19,018 | 4.3131 GBP | |||||
| 10p ordinary | SWAP | Long | 114,465 | 4.2846 GBP | |||||
| 10p ordinary | SWAP | Long | 336,026 | 4.3008 GBP | |||||
| 10p ordinary | CFD | Long | 375,165 | 4.2996 GBP | |||||
| 10p ordinary | CFD | Short | 7,200 | 4.3013 GBP | |||||
| 10p ordinary | CFD | Short | 11,030 | 4.2997 GBP | |||||
| 10p ordinary | SWAP | Short | 11,401 | 4.2935 GBP | |||||
| 10p ordinary | CFD | Short | 16,617 | 4.2967 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 17,515 | 4.2709 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 25,000 | 4.2982 GBP | |||||
| 10p ordinary | SWAP | Short | 42,554 | 4.2969 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 64,425 | 4.1965 GBP | |||||
| 10p ordinary | SWAP | Short | 70,578 | 4.2926 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 485,575 | 4.2981 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 700,000 | 4.2965 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 942,635 | 4.2788 GBP | |||||
| 10p ordinary | SWAP | Short | 942,635 | 4.2788 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 1,000,000 | 4.2802 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 1,000,000 | 4.2839 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 1,000,000 | 4.3049 GBP | |||||
| 10p ordinary | SWAP Expires 28/03/2019 | Short | 1,075,000 | 4.2955 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: | 27 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/20180227005789/en/
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