3rd Oct 2012 15:22
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 are being disclosed: | Barclays PLC. | |
| (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient | ||
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | TITAN INTL INC | |
| (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: | 2 October 2012 | |
| (f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer? | YES: TITAN EUROPE PLC
|
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: | 685,922 | 1.62% | 23,727 | 0.06% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 0 | 0.00% | 0 | 0.00% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 49,600 | 0.12% | 80,100 | 0.19% | |||||||
| (4) | TOTAL: | ||||||||||
| 735,522 | 1.74% | 103,827 | 0.25% | ||||||||
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 | 2 | 17.8600 USD | ||||
| ORD | Purchase | 3 | 17.8400 USD | ||||
| ORD | Purchase | 7 | 18.0200 USD | ||||
| ORD | Purchase | 72 | 17.9413 USD | ||||
| ORD | Purchase | 100 | 17.9700 USD | ||||
| ORD | Purchase | 100 | 17.9800 USD | ||||
| ORD | Purchase | 100 | 17.9850 USD | ||||
| ORD | Purchase | 174 | 18.0000 USD | ||||
| ORD | Purchase | 200 | 17.9200 USD | ||||
| ORD | Purchase | 200 | 17.9900 USD | ||||
| ORD | Purchase | 210 | 17.9719 USD | ||||
| ORD | Purchase | 400 | 17.9050 USD | ||||
| ORD | Purchase | 400 | 17.9575 USD | ||||
| ORD | Purchase | 400 | 17.9650 USD | ||||
| ORD | Purchase | 584 | 17.9517 USD | ||||
| ORD | Purchase | 1,045 | 17.9723 USD | ||||
| ORD | Purchase | 1,300 | 17.8930 USD | ||||
| ORD | Purchase | 1,400 | 17.9528 USD | ||||
| ORD | Purchase | 2,000 | 17.9265 USD | ||||
| ORD | Purchase | 2,400 | 17.9229 USD | ||||
| ORD | Purchase | 19,907 | 17.9430 USD | ||||
| ORD | Sale | 3 | 17.8400 USD | ||||
| ORD | Sale | 100 | 17.9800 USD | ||||
| ORD | Sale | 100 | 17.9900 USD | ||||
| ORD | Sale | 100 | 18.0900 USD | ||||
| ORD | Sale | 147 | 17.9372 USD | ||||
| ORD | Sale | 148 | 18.0600 USD | ||||
| ORD | Sale | 300 | 18.0133 USD | ||||
| ORD | Sale | 300 | 18.0200 USD | ||||
| ORD | Sale | 400 | 17.9050 USD | ||||
| ORD | Sale | 474 | 18.0000 USD | ||||
| ORD | Sale | 500 | 17.9500 USD | ||||
| ORD | Sale | 500 | 17.9920 USD | ||||
| ORD | Sale | 592 | 18.0090 USD | ||||
| ORD | Sale | 652 | 17.9523 USD | ||||
| ORD | Sale | 660 | 17.9951 USD | ||||
| ORD | Sale | 700 | 17.9515 USD | ||||
| ORD | Sale | 700 | 17.9528 USD | ||||
| ORD | Sale | 700 | 17.9685 USD | ||||
| ORD | Sale | 700 | 17.9742 USD | ||||
| ORD | Sale | 791 | 18.0961 USD | ||||
| ORD | Sale | 900 | 17.9344 USD | ||||
| ORD | Sale | 1,000 | 17.9030 USD | ||||
| ORD | Sale | 1,100 | 17.9881 USD | ||||
| ORD | Sale | 1,200 | 17.9204 USD | ||||
| ORD | Sale | 1,200 | 17.9345 USD | ||||
| ORD | Sale | 1,400 | 17.8921 USD | ||||
| ORD | Sale | 1,600 | 17.9226 USD | ||||
| ORD | Sale | 1,600 | 17.9609 USD | ||||
| ORD | Sale | 2,000 | 17.9495 USD | ||||
| ORD | Sale | 2,400 | 17.9229 USD | ||||
| ORD | Sale | 3,345 | 17.9358 USD | ||||
| ORD | Sale | 4,700 | 17.9124 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 | Put Options | Selling | 1,000 | 17.5 USD | American | 19 Jan 2013 00:00:00 | 1.7500 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: | 3 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 person whose open positions are being disclosed: | Barclays PLC. | ||
| Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | TITAN INTL INC |
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 | 24,300 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Put Options | Purchased | 2,800 | 17.5000 | American | 19 Jan 2013 | |||||||
| ORD | Put Options | Purchased | 400 | 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 | 5,000 | 15.0000 | American | 20 Apr 2013 | |||||||
| ORD | Call Options | Purchased | 5,300 | 20.0000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Purchased | 3,000 | 20.0000 | American | 17 Nov 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 | -400 | 15.0000 | American | 19 Jan 2013 | |||||||
| ORD | Call Options | Written | -12,300 | 17.5000 | American | 20 Oct 2012 | |||||||
| ORD | Call Options | Written | -4,000 | 17.5000 | American | 17 Nov 2012 | |||||||
| ORD | Call Options | Written | -28,500 | 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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