2nd Jul 2025 12:03
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: | BNP Paribas SA |
(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 | Spectris 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 | 01/07/2025 |
(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" | No If YES, specify which:
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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:
| GB0003308607 (5p ordinary) | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 1,895,942 | 1.9091 | -1,047,359 | -1.0546 |
(2) Cash-settled derivatives: | 385,977 | 0.3887 | -1,465,880 | -1.4761 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | +0 | ||
TOTAL: | 2,281,919 | 2.2978 | -2,513,239 | -2.5307 |
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: |
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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 |
GB0003308607 | Purchase | 1 | 38.3470 GBP |
GB0003308607 | Purchase | 3 | 38.2752 GBP |
GB0003308607 | Purchase | 6 | 38.3089 GBP |
GB0003308607 | Purchase | 6 | 38.3400 GBP |
GB0003308607 | Purchase | 12 | 38.3000 GBP |
GB0003308607 | Purchase | 12 | 38.3130 GBP |
GB0003308607 | Purchase | 19 | 38.3262 GBP |
GB0003308607 | Purchase | 22 | 38.3213 GBP |
GB0003308607 | Purchase | 27 | 38.3096 GBP |
GB0003308607 | Purchase | 39 | 38.3141 GBP |
GB0003308607 | Purchase | 47 | 38.3000 GBP |
GB0003308607 | Purchase | 47 | 38.3084 GBP |
GB0003308607 | Purchase | 84 | 38.3000 GBP |
GB0003308607 | Purchase | 132 | 38.3400 GBP |
GB0003308607 | Purchase | 132 | 38.3600 GBP |
GB0003308607 | Purchase | 192 | 38.3400 GBP |
GB0003308607 | Purchase | 201 | 38.3800 GBP |
GB0003308607 | Purchase | 203 | 38.3400 GBP |
GB0003308607 | Purchase | 216 | 38.3850 GBP |
GB0003308607 | Purchase | 221 | 38.3800 GBP |
GB0003308607 | Purchase | 223 | 38.3800 GBP |
GB0003308607 | Purchase | 229 | 38.4000 GBP |
GB0003308607 | Purchase | 290 | 38.4000 GBP |
GB0003308607 | Purchase | 389 | 38.3400 GBP |
GB0003308607 | Purchase | 405 | 38.3289 GBP |
GB0003308607 | Purchase | 512 | 38.3600 GBP |
GB0003308607 | Purchase | 740 | 38.4314 GBP |
GB0003308607 | Purchase | 864 | 38.3800 GBP |
GB0003308607 | Purchase | 1,478 | 38.3696 GBP |
GB0003308607 | Purchase | 1,538 | 38.3315 GBP |
GB0003308607 | Purchase | 1,581 | 38.3000 GBP |
GB0003308607 | Purchase | 1,817 | 38.3700 GBP |
GB0003308607 | Purchase | 2,108 | 38.3600 GBP |
GB0003308607 | Purchase | 2,320 | 38.3808 GBP |
GB0003308607 | Purchase | 3,825 | 38.3800 GBP |
GB0003308607 | Purchase | 3,991 | 38.3800 GBP |
GB0003308607 | Purchase | 4,209 | 38.3295 GBP |
GB0003308607 | Purchase | 10,569 | 38.4000 GBP |
GB0003308607 | Purchase | 16,845 | 38.3300 GBP |
GB0003308607 | Purchase | 16,881 | 38.3300 GBP |
GB0003308607 | Purchase | 16,938 | 38.4000 GBP |
GB0003308607 | Purchase | 21,029 | 38.3300 GBP |
GB0003308607 | Purchase | 29,406 | 38.3300 GBP |
GB0003308607 | Purchase | 53,350 | 38.3596 GBP |
GB0003308607 | Sale | -74,145 | 38.3300 GBP |
GB0003308607 | Sale | -38,508 | 38.3300 GBP |
GB0003308607 | Sale | -34,090 | 38.3300 GBP |
GB0003308607 | Sale | -7,946 | 38.3300 GBP |
GB0003308607 | Sale | -4,708 | 38.3261 GBP |
GB0003308607 | Sale | -3,300 | 38.3211 GBP |
GB0003308607 | Sale | -2,878 | 38.3159 GBP |
GB0003308607 | Sale | -2,689 | 38.2725 GBP |
GB0003308607 | Sale | -2,471 | 38.3093 GBP |
GB0003308607 | Sale | -2,328 | 38.3041 GBP |
GB0003308607 | Sale | -1,264 | 38.3269 GBP |
GB0003308607 | Sale | -1,205 | 38.3000 GBP |
GB0003308607 | Sale | -1,185 | 38.3041 GBP |
GB0003308607 | Sale | -1,093 | 38.3567 GBP |
GB0003308607 | Sale | -935 | 38.3218 GBP |
GB0003308607 | Sale | -859 | 38.3260 GBP |
GB0003308607 | Sale | -645 | 38.4301 GBP |
GB0003308607 | Sale | -491 | 38.3041 GBP |
GB0003308607 | Sale | -387 | 38.3351 GBP |
GB0003308607 | Sale | -344 | 38.3093 GBP |
GB0003308607 | Sale | -292 | 38.3047 GBP |
GB0003308607 | Sale | -241 | 38.2800 GBP |
GB0003308607 | Sale | -223 | 38.3800 GBP |
GB0003308607 | Sale | -177 | 38.3400 GBP |
GB0003308607 | Sale | -96 | 38.3000 GBP |
GB0003308607 | Sale | -95 | 38.4400 GBP |
GB0003308607 | Sale | -47 | 38.3084 GBP |
GB0003308607 | Sale | -39 | 38.3141 GBP |
GB0003308607 | Sale | -27 | 38.3096 GBP |
GB0003308607 | Sale | -22 | 38.3213 GBP |
GB0003308607 | Sale | -19 | 38.3262 GBP |
GB0003308607 | Sale | -12 | 38.3130 GBP |
GB0003308607 | Sale | -6 | 38.3089 GBP |
GB0003308607 | Sale | -6 | 38.3400 GBP |
GB0003308607 | Sale | -3 | 38.2752 GBP |
GB0003308607 | Sale | -1 | 38.3470 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 |
GB0003308607 | Contract for Difference | Increasing Long Position | 3,966 | 38.3000 GBP |
GB0003308607 | Contract for Difference | Increasing Long Position | 2,018 | 38.3000 |
GB0003308607 | Contract for Difference | Increasing Long Position | 835 | 38.3000 |
GB0003308607 | Contract for Difference | Increasing Long Position | 1,522 | 38.3000 |
GB0003308607 | Contract for Difference | Increasing Long Position | 859 | 38.3000 |
GB0003308607 | Contract for Difference | Increasing Long Position | 4,708 | 38.3000 |
GB0003308607 | Contract for Difference | Increasing Short Position | -5,500 | 38.3000 GBP |
GB0003308607 | Contract for Difference | Increasing Short Position | -47,850 | 38.3000 GBP |
GB0003308607 | Contract for Difference | Reducing Long Position | -3,411 | 38.3000 |
GB0003308607 | Contract for Difference | Reducing Short Position | 2,689 | 38.3000 |
(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 |
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(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) |
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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
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(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
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(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | No |
| Date of disclosure: | 02/07/2025 |
| Contact name: | Compliance Control Room |
| Telephone number*: |
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.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Spectris