17th Aug 2012 14:34
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) | Identity of the person whose positions/dealings | Barclays PLC. | |
| are being disclosed: | |||
| (b) | Owner or controller of interest and short | ||
| positions disclosed, if different from 1(a): | |||
| (c) | Name of offeror/offeree in relation to whose | TITAN INTL INC | |
| 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: | 16 August 2012 | |
| (f) | Has the discloser previously disclosed, or are | YES: | |
| they today disclosing, under the Code in respect | TITAN EUROPE PLC | ||
| of any other party to this offer? |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(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: | 3,492 | 0.01% | 44,968 | 0.11% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 0 | 0.00% | 0 | 0.00% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 31,900 | 0.08% | 20,100 | 0.05% | ||||||
| (4) | TOTAL: | |||||||||
| 35,392 | 0.08% | 65,068 | 0.15% |
All interests and all short positions should be disclosed.
Details of any open derivative or option positions, 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 executive options)
| Class of relevant security in relation to which subscription right exists: | |
| Details, including nature of the rights concerned and relevant percentages: |
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.
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security | securities | ||||||
| ORD | Purchase | 9 | 20.9100 USD | ||||
| ORD | Purchase | 100 | 20.8900 USD | ||||
| ORD | Purchase | 100 | 21.0150 USD | ||||
| ORD | Purchase | 100 | 21.0400 USD | ||||
| ORD | Purchase | 100 | 21.0500 USD | ||||
| ORD | Purchase | 100 | 21.3100 USD | ||||
| ORD | Purchase | 100 | 21.3300 USD | ||||
| ORD | Purchase | 254 | 20.9124 USD | ||||
| ORD | Purchase | 266 | 21.3961 USD | ||||
| ORD | Purchase | 300 | 20.9300 USD | ||||
| ORD | Purchase | 300 | 21.0600 USD | ||||
| ORD | Purchase | 300 | 21.2966 USD | ||||
| ORD | Purchase | 334 | 21.3222 USD | ||||
| ORD | Purchase | 500 | 21.0100 USD | ||||
| ORD | Purchase | 500 | 21.2980 USD | ||||
| ORD | Purchase | 521 | 21.2188 USD | ||||
| ORD | Purchase | 600 | 20.8866 USD | ||||
| ORD | Purchase | 600 | 21.0350 USD | ||||
| ORD | Purchase | 600 | 21.1616 USD | ||||
| ORD | Purchase | 700 | 21.1500 USD | ||||
| ORD | Purchase | 700 | 21.1698 USD | ||||
| ORD | Purchase | 800 | 20.9587 USD | ||||
| ORD | Purchase | 850 | 21.0194 USD | ||||
| ORD | Purchase | 1,000 | 21.1130 USD | ||||
| ORD | Purchase | 1,900 | 21.1073 USD | ||||
| ORD | Purchase | 2,200 | 21.0240 USD | ||||
| ORD | Purchase | 9,120 | 20.9981 USD | ||||
| ORD | Purchase | 15,300 | 20.9363 USD | ||||
| ORD | Sale | 6 | 21.3350 USD | ||||
| ORD | Sale | 27 | 20.8600 USD | ||||
| ORD | Sale | 36 | 21.0500 USD | ||||
| ORD | Sale | 100 | 20.9200 USD | ||||
| ORD | Sale | 100 | 20.9800 USD | ||||
| ORD | Sale | 100 | 21.0150 USD | ||||
| ORD | Sale | 100 | 21.1100 USD | ||||
| ORD | Sale | 100 | 21.1300 USD | ||||
| ORD | Sale | 100 | 21.3500 USD | ||||
| ORD | Sale | 164 | 21.0765 USD | ||||
| ORD | Sale | 201 | 21.3141 USD | ||||
| ORD | Sale | 217 | 21.4253 USD | ||||
| ORD | Sale | 249 | 21.3379 USD | ||||
| ORD | Sale | 300 | 20.9966 USD | ||||
| ORD | Sale | 300 | 21.2066 USD | ||||
| ORD | Sale | 300 | 21.3133 USD | ||||
| ORD | Sale | 320 | 21.2706 USD | ||||
| ORD | Sale | 400 | 20.9250 USD | ||||
| ORD | Sale | 400 | 21.0275 USD | ||||
| ORD | Sale | 400 | 21.0450 USD | ||||
| ORD | Sale | 600 | 20.9583 USD | ||||
| ORD | Sale | 600 | 21.3597 USD | ||||
| ORD | Sale | 700 | 21.0557 USD | ||||
| ORD | Sale | 700 | 21.1628 USD | ||||
| ORD | Sale | 737 | 20.9396 USD | ||||
| ORD | Sale | 800 | 20.9975 USD | ||||
| ORD | Sale | 900 | 20.9300 USD | ||||
| ORD | Sale | 900 | 20.9611 USD | ||||
| ORD | Sale | 1,300 | 20.9549 USD | ||||
| ORD | Sale | 1,400 | 21.1698 USD | ||||
| ORD | Sale | 1,900 | 21.1073 USD | ||||
| ORD | Sale | 1,929 | 21.3600 USD | ||||
| ORD | Sale | 2,200 | 20.9277 USD | ||||
| ORD | Sale | 2,200 | 21.0240 USD | ||||
| ORD | Sale | 5,550 | 21.0918 USD | ||||
| ORD | Sale | 6,300 | 20.9619 USD | ||||
| ORD | Sale | 8,463 | 20.9323 USD |
(b) Derivatives transactions (other than options)
| 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) Options transactions in respect of existing securities
(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) Exercising
| Class of relevant security | Product description e.g. call option | 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) |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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? | YES |
| Date of disclosure: | 17 Aug 2012 | |
| Contact name: | Geoff Smith | |
| Telephone number: | 020 7116 2913 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
143221.01
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN OPTION AND DERIVATIVE 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 | TITAN INTL INC | |
| relevant securities this from relates: |
2. OPTIONS AND DERIVATIVES
| 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 | Put Options | Purchased | 1,000 | 12.5000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 2,000 | 12.5000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Purchased | 8,100 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 1,000 | 20.0000 | American | 18 Aug 2012 | |||||||
| ORD | Put Options | Purchased | 500 | 25.0000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 1,200 | 35.0000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Written | -800 | 20.0000 | American | 22 Sep 2012 | |||||||
| ORD | Put Options | Written | -200 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Written | -3,700 | 20.0000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Written | -1,200 | 22.5000 | American | 18 Aug 2012 | |||||||
| ORD | Put Options | Written | -3,300 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 1,200 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 2,700 | 22.5000 | American | 22 Sep 2012 | |||||||
| ORD | Call Options | Purchased | 5,000 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 3,200 | 22.5000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Purchased | 4,900 | 25.0000 | American | 18 Aug 2012 | |||||||
| ORD | Call Options | Purchased | 1,100 | 25.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -1,200 | 20.0000 | American | 18 Aug 2012 | |||||||
| ORD | Call Options | Written | -3,200 | 22.5000 | American | 18 Aug 2012 | |||||||
| ORD | Call Options | Written | -1,000 | 25.0000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Written | -2,200 | 30.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -3,300 | 35.0000 | American | 20 Oct 2012 |
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 contracts for differences ("CFDs") or spread bets.
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 dealing 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 2012
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