30th Jul 2015 14:36
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 | RSA INSURANCE GROUP 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: | 29 July 2015 | |||
| (f) | In addition to the company in 1(c) above, is the discloser making | NO | |||
| disclosures in respect of any other party to the offer? |
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: | 8,946,661 | 0.88% | 6,441,283 | 0.63% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 4,728,465 | 0.47% | 1,197,331 | 0.12% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 3,650,000 | 0.36% | |||||||
| TOTAL: | 13,675,126 | 1.34% | 11,288,614 | 1.11% | |||||||
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 | 32 | 5.0775 GBP | ||||
| ORD | Purchase | 379 | 5.0650 GBP | ||||
| ORD | Purchase | 500 | 5.1052 GBP | ||||
| ORD | Purchase | 591 | 5.0450 GBP | ||||
| ORD | Purchase | 772 | 5.1775 GBP | ||||
| ORD | Purchase | 774 | 5.1625 GBP | ||||
| ORD | Purchase | 775 | 5.1575 GBP | ||||
| ORD | Purchase | 777 | 5.1425 GBP | ||||
| ORD | Purchase | 780 | 5.1275 GBP | ||||
| ORD | Purchase | 781 | 5.1175 GBP | ||||
| ORD | Purchase | 788 | 5.0725 GBP | ||||
| ORD | Purchase | 790 | 5.0575 GBP | ||||
| ORD | Purchase | 791 | 5.0525 GBP | ||||
| ORD | Purchase | 811 | 5.1627 GBP | ||||
| ORD | Purchase | 988 | 5.1300 GBP | ||||
| ORD | Purchase | 994 | 5.0550 GBP | ||||
| ORD | Purchase | 1,709 | 5.1500 GBP | ||||
| ORD | Purchase | 1,809 | 5.0700 GBP | ||||
| ORD | Purchase | 2,303 | 5.0902 GBP | ||||
| ORD | Purchase | 2,734 | 5.1100 GBP | ||||
| ORD | Purchase | 2,990 | 5.1852 GBP | ||||
| ORD | Purchase | 3,109 | 5.1429 GBP | ||||
| ORD | Purchase | 3,370 | 5.0850 GBP | ||||
| ADR | Purchase | 3,445 | 8.1676 USD | ||||
| ORD | Purchase | 4,117 | 5.1149 GBP | ||||
| ORD | Purchase | 5,778 | 5.1825 GBP | ||||
| ORD | Purchase | 6,960 | 5.1600 GBP | ||||
| ORD | Purchase | 8,138 | 5.1200 GBP | ||||
| ORD | Purchase | 9,515 | 5.1700 GBP | ||||
| ORD | Purchase | 11,169 | 5.1900 GBP | ||||
| ORD | Purchase | 16,547 | 5.0761 GBP | ||||
| ORD | Purchase | 17,500 | 5.1350 GBP | ||||
| ORD | Purchase | 17,500 | 5.1400 GBP | ||||
| ORD | Purchase | 21,570 | 5.1650 GBP | ||||
| ORD | Purchase | 26,362 | 5.1050 GBP | ||||
| ADR | Purchase | 28,325 | 8.1538 USD | ||||
| ORD | Purchase | 36,199 | 5.0800 GBP | ||||
| ORD | Purchase | 42,196 | 5.0908 GBP | ||||
| ORD | Purchase | 43,249 | 5.1850 GBP | ||||
| ORD | Purchase | 43,649 | 5.0686 GBP | ||||
| ORD | Purchase | 45,743 | 5.1371 GBP | ||||
| ORD | Purchase | 46,062 | 5.0900 GBP | ||||
| ORD | Purchase | 47,985 | 5.1800 GBP | ||||
| ORD | Purchase | 55,342 | 5.1144 GBP | ||||
| ORD | Purchase | 58,406 | 5.1781 GBP | ||||
| ORD | Purchase | 61,037 | 5.1282 GBP | ||||
| ORD | Purchase | 72,047 | 5.1183 GBP | ||||
| ORD | Purchase | 76,485 | 5.0487 GBP | ||||
| ORD | Purchase | 132,510 | 5.1297 GBP | ||||
| ORD | Purchase | 154,647 | 5.0688 GBP | ||||
| ORD | Purchase | 261,288 | 5.1398 GBP | ||||
| ORD | Purchase | 323,325 | 5.1072 GBP | ||||
| ORD | Purchase | 500,009 | 5.1384 GBP | ||||
| ORD | Sale | 15 | 5.0906 GBP | ||||
| ORD | Sale | 32 | 5.0775 GBP | ||||
| ORD | Sale | 379 | 5.0650 GBP | ||||
| ORD | Sale | 591 | 5.0450 GBP | ||||
| ORD | Sale | 771 | 5.0905 GBP | ||||
| ORD | Sale | 772 | 5.1775 GBP | ||||
| ORD | Sale | 774 | 5.1625 GBP | ||||
| ORD | Sale | 775 | 5.1575 GBP | ||||
| ORD | Sale | 777 | 5.1425 GBP | ||||
| ORD | Sale | 780 | 5.1275 GBP | ||||
| ORD | Sale | 781 | 5.1175 GBP | ||||
| ORD | Sale | 788 | 5.0725 GBP | ||||
| ORD | Sale | 790 | 5.0575 GBP | ||||
| ORD | Sale | 791 | 5.0525 GBP | ||||
| ORD | Sale | 988 | 5.1300 GBP | ||||
| ORD | Sale | 994 | 5.0550 GBP | ||||
| ORD | Sale | 1,367 | 5.0850 GBP | ||||
| ORD | Sale | 1,464 | 5.1737 GBP | ||||
| ORD | Sale | 1,709 | 5.1500 GBP | ||||
| ORD | Sale | 2,305 | 5.1543 GBP | ||||
| ORD | Sale | 2,734 | 5.1100 GBP | ||||
| ADR | Sale | 3,445 | 8.1676 USD | ||||
| ORD | Sale | 5,166 | 5.1200 GBP | ||||
| ORD | Sale | 5,354 | 5.1050 GBP | ||||
| ORD | Sale | 5,778 | 5.1825 GBP | ||||
| ORD | Sale | 6,250 | 5.1155 GBP | ||||
| ORD | Sale | 6,506 | 5.0913 GBP | ||||
| ORD | Sale | 6,960 | 5.1600 GBP | ||||
| ORD | Sale | 7,964 | 5.1400 GBP | ||||
| ORD | Sale | 8,475 | 5.1489 GBP | ||||
| ORD | Sale | 8,700 | 5.1714 GBP | ||||
| ORD | Sale | 8,909 | 5.1392 GBP | ||||
| ORD | Sale | 9,515 | 5.1700 GBP | ||||
| ORD | Sale | 10,517 | 5.1650 GBP | ||||
| ORD | Sale | 10,950 | 5.1339 GBP | ||||
| ORD | Sale | 11,128 | 5.1002 GBP | ||||
| ORD | Sale | 11,169 | 5.1900 GBP | ||||
| ORD | Sale | 13,581 | 5.0900 GBP | ||||
| ORD | Sale | 14,394 | 5.1350 GBP | ||||
| ORD | Sale | 14,906 | 5.1850 GBP | ||||
| ORD | Sale | 14,966 | 5.0800 GBP | ||||
| ORD | Sale | 16,417 | 5.1114 GBP | ||||
| ORD | Sale | 16,792 | 5.1540 GBP | ||||
| ORD | Sale | 24,231 | 5.1569 GBP | ||||
| ADR | Sale | 28,325 | 8.1538 USD | ||||
| ORD | Sale | 31,239 | 5.1405 GBP | ||||
| ORD | Sale | 42,118 | 5.1441 GBP | ||||
| ORD | Sale | 43,611 | 5.1076 GBP | ||||
| ORD | Sale | 48,201 | 5.1188 GBP | ||||
| ORD | Sale | 52,781 | 5.1800 GBP | ||||
| ORD | Sale | 60,712 | 5.1389 GBP | ||||
| ORD | Sale | 88,668 | 5.1419 GBP | ||||
| ORD | Sale | 96,672 | 5.0953 GBP | ||||
| ORD | Sale | 100,609 | 5.1181 GBP | ||||
| ORD | Sale | 128,558 | 5.0943 GBP | ||||
| ORD | Sale | 155,737 | 5.1502 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | CFD | Long | 1,464 | 5.1737 GBP | |||||
| ORD | CFD | Long | 1,577 | 5.1354 GBP | |||||
| ORD | SWAP | Long | 6,506 | 5.0913 GBP | |||||
| ORD | CFD | Long | 8,700 | 5.1714 GBP | |||||
| ORD | CFD | Long | 9,373 | 5.1337 GBP | |||||
| ORD | CFD | Long | 20,000 | 5.1795 GBP | |||||
| ORD | SWAP | Long | 26,884 | 5.1005 GBP | |||||
| ORD | CFD | Long | 27,325 | 5.1678 GBP | |||||
| ORD | SWAP | Long | 29,130 | 5.1034 GBP | |||||
| ORD | SWAP | Long | 40,579 | 5.1427 GBP | |||||
| ORD | CFD | Long | 155,737 | 5.1502 GBP | |||||
| ORD | SWAP | Long | 211,944 | 5.0905 GBP | |||||
| ORD | SWAP | Short | 300 | 5.1550 GBP | |||||
| ORD | CFD | Short | 2,445 | 5.1788 GBP | |||||
| ORD | CFD | Short | 13,779 | 5.0655 GBP | |||||
| ORD | SWAP | Short | 34,530 | 5.1041 GBP | |||||
| ORD | SWAP | Short | 42,196 | 5.0908 GBP | |||||
| ORD | SWAP | Short | 58,406 | 5.1781 GBP | |||||
| ORD | SWAP | Short | 154,647 | 5.0688 GBP | |||||
| ORD | CFD | Short | 198,905 | 5.1363 GBP | |||||
| ORD | SWAP | Short | 261,288 | 5.1398 GBP | |||||
| ORD | CFD | Short | 301,104 | 5.1397 GBP | |||||
| ORD | CFD | Short | 261,777 | 5.0953 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? | YES | ||
| Date of disclosure: | 30 Jul 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.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| Identity of the person whose positions/dealings | Barclays PLC. | ||
| are being disclosed: | |||
| Name of offeror/offeree in relation to whose | RSA INSURANCE GROUP PLC | ||
| relevant securities this from relates: |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
| Class | Product | Writing, | Number | Exercise | Type | Expiry | |||||||
| of | description | purchasing, | of | price | date | ||||||||
| relevant | selling, | securities | per unit | ||||||||||
| security | varying etc | to which | |||||||||||
| option | |||||||||||||
| relates | |||||||||||||
| ORD | Call Options | Written | -3,650,000 | 540.0000 | American | 17 Jun 2016 |
3. AGREEMENTS TO PURCHASE OR SELL ETC.
| Full details should be given so that the nature of the interest or position can be fully understood: |
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
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/20150730005891/en/
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