29th Jul 2015 14:04
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: | 28 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: | 8,724,188 | 0.86% | 7,344,042 | 0.72% | |||||||
(2) | Cash-settled derivatives: | ||||||||||
5,600,480 | 0.55% | 1,218,437 | 0.12% | ||||||||
(3) | Stock-settled derivatives (including options) | ||||||||||
and agreements to purchase/sell: | 0 | 0.00% | 3,650,000 | 0.36% | |||||||
(4) | |||||||||||
TOTAL: | 14,324,668 | 1.41% | 12,212,479 | 1.20% |
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 | 7 | 4.8725 GBP | ||||
ORD | Purchase | 37 | 4.3780 GBP | ||||
ORD | Purchase | 70 | 5.1577 GBP | ||||
ORD | Purchase | 132 | 4.8381 GBP | ||||
ADR | Purchase | 200 | 8.2850 USD | ||||
ORD | Purchase | 226 | 4.9050 GBP | ||||
ADR | Purchase | 261 | 8.2591 USD | ||||
ORD | Purchase | 294 | 5.0025 GBP | ||||
ORD | Purchase | 300 | 5.0200 GBP | ||||
ORD | Purchase | 336 | 4.9600 GBP | ||||
ORD | Purchase | 356 | 4.9920 GBP | ||||
ORD | Purchase | 366 | 4.8476 GBP | ||||
ORD | Purchase | 371 | 5.1200 GBP | ||||
ORD | Purchase | 440 | 4.8408 GBP | ||||
ORD | Purchase | 461 | 5.0099 GBP | ||||
ORD | Purchase | 468 | 4.8940 GBP | ||||
ORD | Purchase | 508 | 4.8570 GBP | ||||
ORD | Purchase | 534 | 5.0004 GBP | ||||
ORD | Purchase | 547 | 4.9010 GBP | ||||
ORD | Purchase | 673 | 4.9610 GBP | ||||
ORD | Purchase | 741 | 4.8685 GBP | ||||
ORD | Purchase | 760 | 4.9565 GBP | ||||
ORD | Purchase | 795 | 4.8980 GBP | ||||
ORD | Purchase | 815 | 4.8440 GBP | ||||
ORD | Purchase | 815 | 4.8610 GBP | ||||
ORD | Purchase | 815 | 4.8660 GBP | ||||
ORD | Purchase | 815 | 4.8795 GBP | ||||
ORD | Purchase | 816 | 5.0375 GBP | ||||
ORD | Purchase | 820 | 4.9200 GBP | ||||
ORD | Purchase | 821 | 5.0425 GBP | ||||
ORD | Purchase | 837 | 4.8760 GBP | ||||
ORD | Purchase | 845 | 5.1250 GBP | ||||
ORD | Purchase | 847 | 4.8540 GBP | ||||
ORD | Purchase | 848 | 4.9009 GBP | ||||
ORD | Purchase | 888 | 4.8950 GBP | ||||
ORD | Purchase | 910 | 4.9510 GBP | ||||
ORD | Purchase | 1,052 | 4.8510 GBP | ||||
ORD | Purchase | 1,074 | 5.0250 GBP | ||||
ORD | Purchase | 1,085 | 4.8805 GBP | ||||
ORD | Purchase | 1,085 | 4.9155 GBP | ||||
ORD | Purchase | 1,085 | 4.9186 GBP | ||||
ORD | Purchase | 1,099 | 4.8576 GBP | ||||
ORD | Purchase | 1,103 | 5.0150 GBP | ||||
ORD | Purchase | 1,128 | 4.8568 GBP | ||||
ORD | Purchase | 1,140 | 4.8450 GBP | ||||
ORD | Purchase | 1,167 | 4.9014 GBP | ||||
ORD | Purchase | 1,271 | 4.8970 GBP | ||||
ORD | Purchase | 1,317 | 4.8835 GBP | ||||
ORD | Purchase | 1,317 | 4.8930 GBP | ||||
ORD | Purchase | 1,500 | 5.0050 GBP | ||||
ORD | Purchase | 1,615 | 4.8810 GBP | ||||
ORD | Purchase | 1,630 | 4.8520 GBP | ||||
ORD | Purchase | 1,683 | 4.9090 GBP | ||||
ORD | Purchase | 1,686 | 4.9490 GBP | ||||
ORD | Purchase | 1,713 | 5.1500 GBP | ||||
ORD | Purchase | 1,846 | 4.9030 GBP | ||||
ORD | Purchase | 2,008 | 4.9809 GBP | ||||
ORD | Purchase | 2,170 | 4.9298 GBP | ||||
ORD | Purchase | 2,342 | 4.8985 GBP | ||||
ORD | Purchase | 2,592 | 5.0300 GBP | ||||
ORD | Purchase | 2,602 | 4.9950 GBP | ||||
ORD | Purchase | 2,632 | 4.9500 GBP | ||||
ORD | Purchase | 2,672 | 4.9045 GBP | ||||
ORD | Purchase | 2,846 | 4.8745 GBP | ||||
ORD | Purchase | 2,854 | 4.8530 GBP | ||||
ORD | Purchase | 2,903 | 5.0000 GBP | ||||
ORD | Purchase | 3,544 | 4.9070 GBP | ||||
ORD | Purchase | 3,715 | 4.8975 GBP | ||||
ORD | Purchase | 3,892 | 4.8750 GBP | ||||
ORD | Purchase | 4,022 | 4.8865 GBP | ||||
ORD | Purchase | 4,141 | 4.8410 GBP | ||||
ORD | Purchase | 4,556 | 4.8420 GBP | ||||
ORD | Purchase | 5,131 | 4.8900 GBP | ||||
ORD | Purchase | 5,267 | 5.0450 GBP | ||||
ORD | Purchase | 6,073 | 4.8480 GBP | ||||
ORD | Purchase | 6,271 | 4.9080 GBP | ||||
ORD | Purchase | 7,098 | 4.9040 GBP | ||||
ORD | Purchase | 7,502 | 4.8460 GBP | ||||
ORD | Purchase | 8,373 | 5.0070 GBP | ||||
ORD | Purchase | 9,375 | 4.8490 GBP | ||||
ORD | Purchase | 11,285 | 5.0169 GBP | ||||
ORD | Purchase | 12,484 | 5.1256 GBP | ||||
ORD | Purchase | 13,193 | 4.8700 GBP | ||||
ORD | Purchase | 13,690 | 4.8600 GBP | ||||
ORD | Purchase | 14,007 | 4.9000 GBP | ||||
ORD | Purchase | 14,239 | 5.1550 GBP | ||||
ORD | Purchase | 14,786 | 5.1800 GBP | ||||
ORD | Purchase | 16,104 | 4.8500 GBP | ||||
ORD | Purchase | 17,955 | 4.9830 GBP | ||||
ORD | Purchase | 18,360 | 4.8550 GBP | ||||
ORD | Purchase | 18,361 | 5.0426 GBP | ||||
ORD | Purchase | 21,374 | 5.0600 GBP | ||||
ORD | Purchase | 22,056 | 5.1600 GBP | ||||
ORD | Purchase | 25,562 | 4.9997 GBP | ||||
ORD | Purchase | 38,053 | 4.8939 GBP | ||||
ORD | Purchase | 41,741 | 5.1000 GBP | ||||
ORD | Purchase | 47,322 | 5.1120 GBP | ||||
ORD | Purchase | 48,812 | 5.1854 GBP | ||||
ORD | Purchase | 49,424 | 5.0019 GBP | ||||
ORD | Purchase | 52,550 | 5.0115 GBP | ||||
ORD | Purchase | 82,699 | 4.9100 GBP | ||||
ORD | Purchase | 93,157 | 4.9823 GBP | ||||
ORD | Purchase | 111,800 | 4.8586 GBP | ||||
ORD | Purchase | 124,727 | 4.9458 GBP | ||||
ORD | Purchase | 187,637 | 4.9484 GBP | ||||
ORD | Purchase | 189,919 | 5.0662 GBP | ||||
ORD | Purchase | 243,847 | 4.9649 GBP | ||||
ORD | Purchase | 251,057 | 4.9518 GBP | ||||
ORD | Purchase | 276,723 | 5.0009 GBP | ||||
ORD | Purchase | 286,176 | 4.9074 GBP | ||||
ORD | Purchase | 300,000 | 4.9844 GBP | ||||
ORD | Purchase | 400,000 | 4.9992 GBP | ||||
ORD | Purchase | 431,215 | 5.0714 GBP | ||||
ORD | Purchase | 876,504 | 5.1850 GBP | ||||
ORD | Sale | 7 | 4.8725 GBP | ||||
ORD | Sale | 132 | 4.8381 GBP | ||||
ORD | Sale | 162 | 4.8939 GBP | ||||
ORD | Sale | 192 | 5.0569 GBP | ||||
ADR | Sale | 200 | 8.2850 USD | ||||
ORD | Sale | 226 | 4.9050 GBP | ||||
ADR | Sale | 261 | 8.2591 USD | ||||
ORD | Sale | 300 | 5.0200 GBP | ||||
ORD | Sale | 336 | 4.9600 GBP | ||||
ORD | Sale | 356 | 4.9920 GBP | ||||
ORD | Sale | 366 | 4.8476 GBP | ||||
ORD | Sale | 371 | 5.1200 GBP | ||||
ORD | Sale | 440 | 4.8408 GBP | ||||
ORD | Sale | 456 | 4.8670 GBP | ||||
ORD | Sale | 468 | 4.8940 GBP | ||||
ORD | Sale | 508 | 4.8570 GBP | ||||
ORD | Sale | 534 | 5.0004 GBP | ||||
ORD | Sale | 665 | 4.8700 GBP | ||||
ORD | Sale | 673 | 4.9610 GBP | ||||
ORD | Sale | 741 | 4.8685 GBP | ||||
ORD | Sale | 760 | 4.9565 GBP | ||||
ORD | Sale | 800 | 4.8810 GBP | ||||
ORD | Sale | 815 | 4.8795 GBP | ||||
ORD | Sale | 816 | 5.0375 GBP | ||||
ORD | Sale | 821 | 5.0425 GBP | ||||
ORD | Sale | 837 | 4.8760 GBP | ||||
ORD | Sale | 847 | 4.8540 GBP | ||||
ORD | Sale | 848 | 4.9009 GBP | ||||
ORD | Sale | 893 | 4.8550 GBP | ||||
ORD | Sale | 910 | 4.9510 GBP | ||||
ORD | Sale | 1,074 | 5.0250 GBP | ||||
ORD | Sale | 1,085 | 4.8805 GBP | ||||
ORD | Sale | 1,085 | 4.9155 GBP | ||||
ORD | Sale | 1,085 | 4.9186 GBP | ||||
ORD | Sale | 1,085 | 4.9298 GBP | ||||
ORD | Sale | 1,099 | 4.8576 GBP | ||||
ORD | Sale | 1,103 | 5.0150 GBP | ||||
ORD | Sale | 1,128 | 4.8568 GBP | ||||
ORD | Sale | 1,167 | 4.9014 GBP | ||||
ORD | Sale | 1,271 | 4.8970 GBP | ||||
ORD | Sale | 1,317 | 4.8835 GBP | ||||
ORD | Sale | 1,317 | 4.8930 GBP | ||||
ORD | Sale | 1,541 | 4.9080 GBP | ||||
ORD | Sale | 1,686 | 4.9490 GBP | ||||
ORD | Sale | 1,713 | 5.1500 GBP | ||||
ORD | Sale | 1,744 | 4.9070 GBP | ||||
ORD | Sale | 1,793 | 4.8480 GBP | ||||
ORD | Sale | 2,177 | 4.8600 GBP | ||||
ORD | Sale | 2,342 | 4.8985 GBP | ||||
ORD | Sale | 2,592 | 5.0300 GBP | ||||
ORD | Sale | 2,602 | 4.9950 GBP | ||||
ORD | Sale | 2,672 | 4.9045 GBP | ||||
ORD | Sale | 2,846 | 4.8745 GBP | ||||
ORD | Sale | 2,903 | 5.0000 GBP | ||||
ORD | Sale | 2,977 | 4.8490 GBP | ||||
ORD | Sale | 3,000 | 5.0050 GBP | ||||
ORD | Sale | 3,326 | 4.8410 GBP | ||||
ORD | Sale | 3,892 | 4.8750 GBP | ||||
ORD | Sale | 4,022 | 4.8865 GBP | ||||
ORD | Sale | 5,131 | 4.8900 GBP | ||||
ORD | Sale | 5,494 | 4.9100 GBP | ||||
ORD | Sale | 5,853 | 5.0462 GBP | ||||
ORD | Sale | 6,353 | 4.9876 GBP | ||||
ORD | Sale | 7,098 | 4.9040 GBP | ||||
ORD | Sale | 7,196 | 5.1250 GBP | ||||
ORD | Sale | 7,287 | 5.0479 GBP | ||||
ORD | Sale | 7,962 | 5.1550 GBP | ||||
ORD | Sale | 8,321 | 4.8500 GBP | ||||
ORD | Sale | 9,897 | 4.8919 GBP | ||||
ORD | Sale | 14,786 | 5.1800 GBP | ||||
ORD | Sale | 17,955 | 4.9830 GBP | ||||
ORD | Sale | 19,931 | 5.1151 GBP | ||||
ORD | Sale | 20,000 | 5.0750 GBP | ||||
ORD | Sale | 23,078 | 5.1900 GBP | ||||
ORD | Sale | 25,000 | 4.9770 GBP | ||||
ORD | Sale | 25,000 | 5.0450 GBP | ||||
ORD | Sale | 25,000 | 5.0600 GBP | ||||
ORD | Sale | 25,000 | 5.1300 GBP | ||||
ORD | Sale | 26,453 | 5.0227 GBP | ||||
ORD | Sale | 27,537 | 5.1845 GBP | ||||
ORD | Sale | 27,632 | 4.9500 GBP | ||||
ORD | Sale | 31,904 | 5.0345 GBP | ||||
ORD | Sale | 33,000 | 4.9000 GBP | ||||
ORD | Sale | 33,553 | 5.0762 GBP | ||||
ORD | Sale | 36,757 | 5.0566 GBP | ||||
ORD | Sale | 43,242 | 5.0025 GBP | ||||
ORD | Sale | 50,000 | 5.2000 GBP | ||||
ORD | Sale | 53,424 | 5.1000 GBP | ||||
ORD | Sale | 53,961 | 5.0991 GBP | ||||
ORD | Sale | 64,403 | 5.1850 GBP | ||||
ORD | Sale | 75,308 | 5.0271 GBP | ||||
ORD | Sale | 76,485 | 5.1869 GBP | ||||
ORD | Sale | 79,552 | 5.0275 GBP | ||||
ORD | Sale | 80,000 | 4.9404 GBP | ||||
ORD | Sale | 103,469 | 5.0672 GBP | ||||
ORD | Sale | 127,500 | 4.9664 GBP | ||||
ORD | Sale | 166,811 | 4.9741 GBP | ||||
ORD | Sale | 245,584 | 4.9757 GBP | ||||
ORD | Sale | 312,182 | 4.9789 GBP | ||||
ORD | Sale | 475,706 | 5.1148 GBP | ||||
ORD | Sale | 635,000 | 4.9020 GBP | ||||
ORD | Sale | 1,426,975 | 4.9460 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 | 200 | 5.2345 GBP | |||||
ORD | CFD | Long | 5,000 | 4.9936 GBP | |||||
ORD | CFD | Long | 5,190 | 4.8448 GBP | |||||
ORD | CFD | Long | 5,389 | 4.8404 GBP | |||||
ORD | CFD | Long | 6,281 | 4.8696 GBP | |||||
ORD | CFD | Long | 10,000 | 4.9496 GBP | |||||
ORD | CFD | Long | 11,412 | 4.9881 GBP | |||||
ORD | CFD | Long | 15,021 | 4.8452 GBP | |||||
ORD | CFD | Long | 20,000 | 4.9000 GBP | |||||
ORD | CFD | Long | 20,166 | 4.8464 GBP | |||||
ORD | CFD | Long | 25,000 | 4.8796 GBP | |||||
ORD | CFD | Long | 25,000 | 4.9166 GBP | |||||
ORD | CFD | Long | 25,481 | 5.0761 GBP | |||||
ORD | CFD | Long | 27,537 | 5.1845 GBP | |||||
ORD | CFD | Long | 36,757 | 5.0566 GBP | |||||
ORD | CFD | Long | 50,000 | 5.0095 GBP | |||||
ORD | SWAP | Long | 51,099 | 5.0635 GBP | |||||
ORD | CFD | Long | 70,000 | 4.9036 GBP | |||||
ORD | SWAP | Long | 109,368 | 5.0015 GBP | |||||
ORD | SWAP | Long | 149,957 | 5.1243 GBP | |||||
ORD | CFD | Long | 241,683 | 5.0934 GBP | |||||
ORD | CFD | Long | 306,912 | 4.8897 GBP | |||||
ORD | CFD | Long | 440,000 | 4.8996 GBP | |||||
ORD | CFD | Short | 199 | 5.2104 GBP | |||||
ORD | CFD | Short | 1,628 | 4.8755 GBP | |||||
ORD | CFD | Short | 3,012 | 5.0070 GBP | |||||
ORD | SWAP | Short | 7,797 | 4.9787 GBP | |||||
ORD | SWAP | Short | 12,484 | 5.1256 GBP | |||||
ORD | CFD | Short | 20,000 | 5.2005 GBP | |||||
ORD | CFD | Short | 22,550 | 4.9986 GBP | |||||
ORD | SWAP | Short | 45,985 | 4.9183 GBP | |||||
ORD | CFD | Short | 47,322 | 5.1120 GBP | |||||
ORD | CFD | Short | 48,812 | 5.1854 GBP | |||||
ORD | CFD | Short | 73,576 | 5.1718 GBP | |||||
ORD | SWAP | Short | 93,157 | 4.9822 GBP | |||||
ORD | CFD | Short | 100,000 | 5.1745 GBP | |||||
ORD | SWAP | Short | 109,456 | 4.9713 GBP | |||||
ORD | CFD | Short | 57,805 | 4.9113 GBP | |||||
ORD | CFD | Short | 116,343 | 4.9993 GBP | |||||
ORD | SWAP | Short | 208,041 | 4.9864 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: | 29 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/20150729005920/en/
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