25th Aug 2015 10:05
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: | Artemis Investment Management LLP |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Pace Plc |
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure | 24 August 2015 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES If YES, specify which: Arris Group |
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:
| 5p ordinary | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 15,619,577 | 4.88 | ||
(2) Cash-settled derivatives:
| ||||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
TOTAL: | 15,619,577 | 4.88 | ||
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 security | Purchase/sale
| Number of securities | Price per unit |
5p ordinary | Purchase
| 352 | 3.176 GBP |
5p ordinary | Purchase
| 1,437 | 3.18 GBP |
5p ordinary | Purchase
| 253 | 3.1805 GBP |
5p ordinary | Purchase
| 493 | 3.1925 GBP |
5p ordinary | Purchase
| 177 | 3.195 GBP |
5p ordinary | Purchase
| 294 | 3.1955 GBP |
5p ordinary | Purchase
| 470 | 3.196 GBP |
5p ordinary | Purchase
| 427 | 3.197 GBP |
5p ordinary | Purchase
| 223 | 3.198 GBP |
5p ordinary | Purchase
| 9,207 | 3.1985 GBP |
5p ordinary | Purchase
| 479 | 3.199 GBP |
5p ordinary | Purchase
| 973 | 3.1995 GBP |
5p ordinary | Purchase
| 26,707 | 3.2 GBP |
5p ordinary | Purchase
| 516 | 3.203 GBP |
5p ordinary | Purchase
| 3,021 | 3.206 GBP |
5p ordinary | Purchase
| 3,271 | 3.207 GBP |
5p ordinary | Purchase
| 173 | 3.2085 GBP |
5p ordinary | Purchase
| 2,566 | 3.2095 GBP |
5p ordinary | Purchase
| 1,192 | 3.21 GBP |
5p ordinary | Purchase
| 698 | 3.212 GBP |
5p ordinary | Purchase
| 2,792 | 3.2135 GBP |
5p ordinary | Purchase
| 524 | 3.2155 GBP |
5p ordinary | Purchase
| 457 | 3.2165 GBP |
5p ordinary | Purchase
| 4,937 | 3.217 GBP |
5p ordinary | Purchase
| 720 | 3.2195 GBP |
5p ordinary | Purchase
| 892 | 3.221 GBP |
5p ordinary | Purchase
| 10,765 | 3.2225 GBP |
5p ordinary | Purchase
| 700 | 3.224 GBP |
5p ordinary | Purchase
| 1,140 | 3.225 GBP |
5p ordinary | Purchase
| 467 | 3.2255 GBP |
5p ordinary | Purchase
| 750 | 3.2295 GBP |
5p ordinary | Purchase
| 422 | 3.23 GBP |
5p ordinary | Purchase
| 1,196 | 3.2323 GBP |
5p ordinary | Purchase
| 668 | 3.2355 GBP |
5p ordinary | Purchase
| 436 | 3.236 GBP |
5p ordinary | Purchase
| 239 | 3.237 GBP |
5p ordinary | Purchase
| 862 | 3.238 GBP |
5p ordinary | Purchase
| 2,682 | 3.239 GBP |
5p ordinary | Purchase
| 1,108 | 3.241 GBP |
5p ordinary | Purchase
| 571 | 3.2425 GBP |
5p ordinary | Purchase
| 137 | 3.244 GBP |
5p ordinary | Purchase
| 777 | 3.2445 GBP |
5p ordinary | Purchase
| 2,500 | 3.2458 GBP |
5p ordinary | Purchase
| 5,302 | 3.246 GBP |
5p ordinary | Purchase
| 879 | 3.248 GBP |
5p ordinary | Purchase
| 1,509 | 3.2485 GBP |
5p ordinary | Purchase
| 6,913 | 3.249 GBP |
5p ordinary | Purchase
| 3,018 | 3.2495 GBP |
5p ordinary | Purchase
| 225 | 3.25 GBP |
5p ordinary | Purchase
| 2,104 | 3.2505 GBP |
5p ordinary | Purchase
| 792 | 3.251 GBP |
5p ordinary | Purchase
| 174 | 3.2515 GBP |
5p ordinary | Purchase
| 173 | 3.2525 GBP |
5p ordinary | Purchase
| 348 | 3.2555 GBP |
5p ordinary | Purchase
| 708 | 3.256 GBP |
5p ordinary | Purchase
| 5,500 | 3.2565 GBP |
5p ordinary | Purchase
| 1,520 | 3.2575 GBP |
5p ordinary | Purchase
| 8,473 | 3.258 GBP |
5p ordinary | Purchase
| 174 | 3.263 GBP |
5p ordinary | Purchase
| 996 | 3.2645 GBP |
5p ordinary | Purchase
| 667 | 3.265 GBP |
5p ordinary | Purchase
| 5,006 | 3.269 GBP |
5p ordinary | Purchase
| 5,173 | 3.271 GBP |
5p ordinary | Purchase
| 10,000 | 3.272 GBP |
5p ordinary | Purchase
| 4,550 | 3.2755 GBP |
5p ordinary | Purchase
| 4,997 | 3.2775 GBP |
5p ordinary | Purchase
| 2,093 | 3.2795 GBP |
5p ordinary | Purchase
| 9,782 | 3.28 GBP |
5p ordinary | Purchase
| 9,069 | 3.2815 GBP |
5p ordinary | Purchase
| 359 | 3.282 GBP |
5p ordinary | Purchase
| 2,416 | 3.2825 GBP |
5p ordinary | Purchase
| 6,686 | 3.2865 GBP |
5p ordinary | Purchase
| 141 | 3.2875 GBP |
5p ordinary | Purchase
| 173 | 3.2885 GBP |
5p ordinary | Purchase
| 2,800 | 3.2888 GBP |
5p ordinary | Purchase
| 1,140 | 3.2915 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
|
(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: | 25 August 2015 |
| Contact name: |
Martha Braddell |
| Telephone number: |
0207 399 6067 |
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.
Related Shares:
PIC.L