17th Sep 2012 15:04
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) | 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: | 14 September 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: | 435,945 | 1.03% | 21,607 | 0.05% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 0 | 0.00% | 0 | 0.00% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 42,700 | 0.10% | 22,000 | 0.05% | ||||||
| (4) | TOTAL: | |||||||||
| 478,645 | 1.13% | 43,607 | 0.10% |
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 | 1 | 20.0300 USD | ||||
| ORD | Purchase | 34 | 20.8000 USD | ||||
| ORD | Purchase | 63 | 21.2200 USD | ||||
| ORD | Purchase | 100 | 20.3500 USD | ||||
| ORD | Purchase | 100 | 20.7200 USD | ||||
| ORD | Purchase | 100 | 21.2350 USD | ||||
| ORD | Purchase | 100 | 21.2500 USD | ||||
| ORD | Purchase | 200 | 20.4400 USD | ||||
| ORD | Purchase | 200 | 20.6400 USD | ||||
| ORD | Purchase | 300 | 20.6800 USD | ||||
| ORD | Purchase | 400 | 20.5350 USD | ||||
| ORD | Purchase | 500 | 20.4820 USD | ||||
| ORD | Purchase | 500 | 20.5040 USD | ||||
| ORD | Purchase | 500 | 20.5338 USD | ||||
| ORD | Purchase | 500 | 21.1768 USD | ||||
| ORD | Purchase | 686 | 20.5156 USD | ||||
| ORD | Purchase | 700 | 20.7713 USD | ||||
| ORD | Purchase | 700 | 20.7857 USD | ||||
| ORD | Purchase | 1,000 | 20.5730 USD | ||||
| ORD | Purchase | 1,025 | 20.4946 USD | ||||
| ORD | Purchase | 1,069 | 20.5231 USD | ||||
| ORD | Purchase | 1,200 | 20.9141 USD | ||||
| ORD | Purchase | 1,300 | 20.4884 USD | ||||
| ORD | Purchase | 2,132 | 20.4290 USD | ||||
| ORD | Purchase | 3,200 | 20.6685 USD | ||||
| ORD | Purchase | 3,662 | 20.5488 USD | ||||
| ORD | Purchase | 4,500 | 20.6971 USD | ||||
| ORD | Purchase | 4,700 | 20.7829 USD | ||||
| ORD | Purchase | 4,961 | 20.5336 USD | ||||
| ORD | Purchase | 5,634 | 20.6440 USD | ||||
| ORD | Purchase | 5,700 | 20.6448 USD | ||||
| ORD | Purchase | 6,700 | 20.6699 USD | ||||
| ORD | Purchase | 6,903 | 20.5176 USD | ||||
| ORD | Purchase | 7,663 | 20.5330 USD | ||||
| ORD | Purchase | 8,080 | 20.7625 USD | ||||
| ORD | Purchase | 8,400 | 20.7305 USD | ||||
| ORD | Purchase | 8,400 | 20.7967 USD | ||||
| ORD | Purchase | 8,617 | 20.5950 USD | ||||
| ORD | Purchase | 9,453 | 20.8704 USD | ||||
| ORD | Purchase | 12,000 | 20.5823 USD | ||||
| ORD | Purchase | 12,128 | 20.8416 USD | ||||
| ORD | Purchase | 12,766 | 20.8383 USD | ||||
| ORD | Purchase | 13,500 | 20.6246 USD | ||||
| ORD | Purchase | 16,000 | 20.7012 USD | ||||
| ORD | Purchase | 33,456 | 20.4334 USD | ||||
| ORD | Sale | 1 | 20.0300 USD | ||||
| ORD | Sale | 33 | 20.6900 USD | ||||
| ORD | Sale | 100 | 20.3500 USD | ||||
| ORD | Sale | 100 | 20.4300 USD | ||||
| ORD | Sale | 100 | 20.7000 USD | ||||
| ORD | Sale | 100 | 20.8800 USD | ||||
| ORD | Sale | 169 | 20.3704 USD | ||||
| ORD | Sale | 192 | 20.6606 USD | ||||
| ORD | Sale | 200 | 20.6400 USD | ||||
| ORD | Sale | 200 | 20.7600 USD | ||||
| ORD | Sale | 200 | 20.9200 USD | ||||
| ORD | Sale | 200 | 21.2425 USD | ||||
| ORD | Sale | 201 | 20.7796 USD | ||||
| ORD | Sale | 300 | 20.3830 USD | ||||
| ORD | Sale | 300 | 20.8700 USD | ||||
| ORD | Sale | 500 | 20.6550 USD | ||||
| ORD | Sale | 637 | 20.8971 USD | ||||
| ORD | Sale | 700 | 20.7185 USD | ||||
| ORD | Sale | 700 | 21.0017 USD | ||||
| ORD | Sale | 900 | 20.6644 USD | ||||
| ORD | Sale | 1,300 | 20.4884 USD | ||||
| ORD | Sale | 1,400 | 20.7713 USD | ||||
| ORD | Sale | 1,600 | 20.8300 USD | ||||
| ORD | Sale | 2,000 | 20.7615 USD | ||||
| ORD | Sale | 2,839 | 20.8482 USD | ||||
| ORD | Sale | 2,989 | 21.0051 USD | ||||
| ORD | Sale | 3,600 | 20.7021 USD | ||||
| ORD | Sale | 4,700 | 20.7830 USD | ||||
| ORD | Sale | 12,400 | 20.7009 USD | ||||
| ORD | Sale | 22,219 | 20.8520 USD | ||||
| ORD | Sale | 34,449 | 20.6649 USD | ||||
| ORD | Sale | 42,097 | 20.6218 USD | ||||
| ORD | Sale | 72,764 | 20.5335 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 | Purchasing | 100 | 22.5 USD | American | 20 Oct 2012 00:00:00 | 0.5000 USD | |||||||||
| ORD | Purchasing | 200 | 22.5 USD | American | 20 Oct 2012 00:00:00 | 0.3000 USD | |||||||||
| ORD | Purchasing | 1,400 | 20 USD | American | 22 Sep 2012 00:00:00 | 0.7500 USD | |||||||||
| ORD | Selling | 800 | 17.5 USD | American | 22 Sep 2012 00:00:00 | 3.6000 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: | 17 Sep 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 | 100 | 12.5000 | American | 20 Apr 2013 | |||||||
| ORD | Put Options | Purchased | 8,100 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 2,900 | 20.0000 | American | 22 Sep 2012 | |||||||
| ORD | Put Options | Purchased | 8,900 | 20.0000 | American | 19 Jan 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 | 1,200 | 35.0000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Written | -3,600 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 2,400 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 7,100 | 22.5000 | American | 22 Sep 2012 | |||||||
| ORD | Call Options | Purchased | 3,100 | 22.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 2,900 | 22.5000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Purchased | 1,000 | 25.0000 | American | 22 Sep 2012 | |||||||
| ORD | Call Options | Purchased | 600 | 25.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -4,100 | 17.5000 | American | 22 Sep 2012 | |||||||
| ORD | Call Options | Written | -3,600 | 20.0000 | American | 22 Sep 2012 | |||||||
| ORD | Call Options | Written | -5,200 | 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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