8th Oct 2012 13:45
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: | 5 October 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: | 686,985 | 1.62% | 31,144 | 0.07% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 0 | 0.00% | 0 | 0.00% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 49,500 | 0.12% | 84,900 | 0.20% | ||||||
| (4) | TOTAL: | |||||||||
| 736,485 | 1.74% | 116,044 | 0.27% |
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 | 7 | 18.6700 USD | ||||
| ORD | Purchase | 10 | 18.7900 USD | ||||
| ORD | Purchase | 100 | 18.6650 USD | ||||
| ORD | Purchase | 200 | 18.6750 USD | ||||
| ORD | Purchase | 210 | 18.7011 USD | ||||
| ORD | Purchase | 231 | 18.6809 USD | ||||
| ORD | Purchase | 300 | 18.7033 USD | ||||
| ORD | Purchase | 400 | 18.5800 USD | ||||
| ORD | Purchase | 400 | 18.7750 USD | ||||
| ORD | Purchase | 468 | 18.5882 USD | ||||
| ORD | Purchase | 807 | 18.7500 USD | ||||
| ORD | Purchase | 973 | 18.6390 USD | ||||
| ORD | Purchase | 1,200 | 18.7631 USD | ||||
| ORD | Purchase | 1,300 | 18.5900 USD | ||||
| ORD | Purchase | 1,600 | 18.7987 USD | ||||
| ORD | Purchase | 1,700 | 18.6811 USD | ||||
| ORD | Purchase | 2,300 | 18.6656 USD | ||||
| ORD | Purchase | 2,576 | 18.6433 USD | ||||
| ORD | Purchase | 2,700 | 18.7359 USD | ||||
| ORD | Purchase | 2,700 | 18.7785 USD | ||||
| ORD | Purchase | 3,500 | 18.7377 USD | ||||
| ORD | Purchase | 3,641 | 18.7198 USD | ||||
| ORD | Purchase | 6,400 | 18.7965 USD | ||||
| ORD | Purchase | 7,723 | 18.7726 USD | ||||
| ORD | Purchase | 8,600 | 18.7142 USD | ||||
| ORD | Sale | 7 | 18.6700 USD | ||||
| ORD | Sale | 47 | 18.7600 USD | ||||
| ORD | Sale | 100 | 18.6650 USD | ||||
| ORD | Sale | 100 | 18.7200 USD | ||||
| ORD | Sale | 136 | 18.7414 USD | ||||
| ORD | Sale | 167 | 18.7520 USD | ||||
| ORD | Sale | 200 | 18.7300 USD | ||||
| ORD | Sale | 200 | 18.7700 USD | ||||
| ORD | Sale | 400 | 18.7750 USD | ||||
| ORD | Sale | 500 | 18.7560 USD | ||||
| ORD | Sale | 500 | 18.7580 USD | ||||
| ORD | Sale | 500 | 18.7740 USD | ||||
| ORD | Sale | 500 | 18.9000 USD | ||||
| ORD | Sale | 527 | 18.7522 USD | ||||
| ORD | Sale | 800 | 18.7500 USD | ||||
| ORD | Sale | 800 | 18.7572 USD | ||||
| ORD | Sale | 900 | 18.7722 USD | ||||
| ORD | Sale | 1,000 | 18.7390 USD | ||||
| ORD | Sale | 1,146 | 18.7919 USD | ||||
| ORD | Sale | 1,200 | 18.5900 USD | ||||
| ORD | Sale | 1,200 | 18.7631 USD | ||||
| ORD | Sale | 1,300 | 18.7546 USD | ||||
| ORD | Sale | 1,300 | 18.7926 USD | ||||
| ORD | Sale | 1,514 | 18.6837 USD | ||||
| ORD | Sale | 1,577 | 18.7701 USD | ||||
| ORD | Sale | 1,600 | 18.7987 USD | ||||
| ORD | Sale | 2,300 | 18.7189 USD | ||||
| ORD | Sale | 2,500 | 18.7976 USD | ||||
| ORD | Sale | 3,100 | 18.8030 USD | ||||
| ORD | Sale | 24,576 | 18.7058 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 | Product | Writing, | Number | Exercise | Type | Expiry | Option | ||||||||
| of | description | purchasing, | of | price | date | money | |||||||||
| relevant | selling, | securities | per unit | paid/ | |||||||||||
| security | varying etc | to which | received | ||||||||||||
| option | per unit | ||||||||||||||
| relates | |||||||||||||||
| ORD | Call Options | Purchasing | 500 | 15 USD | American | 19 January 2013 | 4.3000 USD | ||||||||
| ORD | Call Options | Purchasing | 700 | 20 USD | American | 17 November 2012 | 0.8000 USD | ||||||||
| ORD | Call Options | Purchasing | 2,500 | 17.5 USD | American | 17 November 2012 | 2.0000 USD | ||||||||
| ORD | Put Options | Selling | 500 | 17.5 USD | American | 17 November 2012 | 0.7500 USD | ||||||||
| ORD | Put Options | Selling | 1,000 | 17.5 USD | American | 20 October 2012 | 0.2000 USD |
(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: | 8 Oct 2012 | |
| Contact name: | Geoff Smith | |
| Telephone number: | 020 3555 4632 |
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 | 300 | 12.5000 | American | 20 Apr 2013 | |||||||
| ORD | Put Options | Purchased | 2,800 | 15.0000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Purchased | 23,800 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 1,700 | 17.5000 | American | 17 Nov 2012 | |||||||
| ORD | Put Options | Purchased | 2,800 | 17.5000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Purchased | 500 | 17.5000 | American | 20 Apr 2013 | |||||||
| ORD | Put Options | Purchased | 900 | 20.0000 | American | 20 Apr 2013 | |||||||
| ORD | Put Options | Purchased | 500 | 25.0000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 1,000 | 25.0000 | American | 20 Apr 2013 | |||||||
| ORD | Put Options | Written | -1,000 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Written | -12,300 | 20.0000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Written | -3,600 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 100 | 15.0000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Purchased | 5,000 | 15.0000 | American | 20 Apr 2013 | |||||||
| ORD | Call Options | Purchased | 6,800 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 300 | 20.0000 | American | 20 Apr 2013 | |||||||
| ORD | Call Options | Written | -5,100 | 15.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -14,400 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -700 | 17.5000 | American | 17 Nov 2012 | |||||||
| ORD | Call Options | Written | -8,100 | 20.0000 | American | 17 Nov 2012 | |||||||
| ORD | Call Options | Written | -26,800 | 20.0000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Written | -800 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -1,000 | 22.5000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Written | -200 | 25.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -5,400 | 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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