12th May 2015 14:52
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 | PACE 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: | 11 May 2015 | |||
| (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? | ARRIS GROUP INC NEW |
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: | ORD | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 10,657,089 | 3.35% | 84,348 | 0.03% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 0 | 0.00% | 8,870,774 | 2.79% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 10,657,089 | 3.35% | 8,955,122 | 2.82% | |||||||
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 | ||||||
| ORD | Purchase | 375 | 4.1609 GBP | ||||
| ORD | Purchase | 500 | 4.1470 GBP | ||||
| ORD | Purchase | 517 | 4.1485 GBP | ||||
| ORD | Purchase | 1,732 | 4.1723 GBP | ||||
| ORD | Purchase | 6,933 | 4.1786 GBP | ||||
| ORD | Purchase | 7,319 | 4.1713 GBP | ||||
| ORD | Purchase | 11,314 | 4.1492 GBP | ||||
| ORD | Purchase | 71,335 | 4.1567 GBP | ||||
| ORD | Sale | 75 | 4.1410 GBP | ||||
| ORD | Sale | 917 | 4.2033 GBP | ||||
| ORD | Sale | 1,530 | 4.2100 GBP | ||||
| ORD | Sale | 1,732 | 4.1727 GBP | ||||
| ORD | Sale | 2,886 | 4.2063 GBP | ||||
| ORD | Sale | 4,407 | 4.2000 GBP | ||||
| ORD | Sale | 5,565 | 4.1669 GBP | ||||
| ORD | Sale | 6,137 | 4.1697 GBP | ||||
| ORD | Sale | 11,428 | 4.1497 GBP | ||||
| ORD | Sale | 83,227 | 4.1742 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | SWAP | Long | 322 | 4.1409 GBP | |||||
| ORD | SWAP | Long | 686 | 4.2138 GBP | |||||
| ORD | CFD | Long | 917 | 4.2033 GBP | |||||
| ORD | CFD | Long | 1,771 | 4.1542 GBP | |||||
| ORD | SWAP | Long | 2,200 | 4.2039 GBP | |||||
| ORD | CFD | Long | 1,301 | 4.1823 GBP | |||||
| ORD | SWAP | Long | 29,815 | 4.1685 GBP | |||||
| ORD | SWAP | Long | 61,795 | 4.1763 GBP | |||||
| ORD | SWAP | Short | 1,724 | 4.1643 GBP | |||||
| ORD | CFD | Short | 1,813 | 4.1166 GBP | |||||
| ORD | SWAP | Short | 2,037 | 4.1478 GBP | |||||
| ORD | CFD | Short | 6,933 | 4.1786 GBP | |||||
| ORD | CFD | Short | 7,319 | 4.1713 GBP | |||||
| ORD | SWAP | Short | 9,277 | 4.1495 GBP | |||||
| ORD | SWAP | Short | 57,262 | 4.1592 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” |
(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” |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO | |
| Date of disclosure: | 12 May 2015 | |
| 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 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.
Copyright Business Wire 2015
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