15th Jan 2018 13:07
FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Melrose Industries plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | GKN Plc |
(d) Date position held/dealing undertaken: For an open position disclosure, state the latest practicable date prior to the disclosure | 12 January 2018 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | YES GKN plc |
2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(b), 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:
| ||||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 23406 | 0.00% | 0 | 0.00% |
(2) Cash-settled derivatives:
| 0 | 0.00% | 0 | 0.00% |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% |
TOTAL: | 23406 | 0.00% | 0 | 0.00% |
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: |
3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
48/7p ordinary | Buy
| 1095 | 2.26500 GBP | |
48/7p ordinary | Buy
| 2429 | 2.26800 GBP | |
48/7p ordinary | Buy
| 1374 | 2.26900 GBP | |
48/7p ordinary | Buy
| 1266 | 2.27100 GBP | |
48/7p ordinary | Buy
| 2444 | 2.27300 GBP | |
48/7p ordinary | Buy
| 4380 | 2.27400 GBP | |
48/7p ordinary | Buy
| 1119 | 2.27500 GBP | |
48/7p ordinary | Buy
| 1272 | 2.27600 GBP | |
48/7p ordinary | Buy
| 1184 | 2.27700 GBP | |
48/7p ordinary | Buy
| 1067 | 2.27800 GBP | |
48/7p ordinary | Buy
| 2194 | 2.27900 GBP | |
48/7p ordinary | Buy
| 4613 | 2.28000 GBP | |
48/7p ordinary | Buy
| 9426 | 2.28100 GBP | |
48/7p ordinary | Buy
| 1087 | 2.28200 GBP | |
48/7p ordinary | Buy
| 3641 | 2.28300 GBP | |
48/7p ordinary | Buy
| 1258 | 2.28400 GBP | |
48/7p ordinary | Buy
| 1227 | 2.28500 GBP | |
48/7p ordinary | Buy
| 1088 | 2.28600 GBP | |
48/7p ordinary | Buy
| 7004 | 2.28700 GBP | |
48/7p ordinary | Buy
| 3213 | 2.28800 GBP | |
48/7p ordinary | Buy
| 3508 | 2.29000 GBP | |
48/7p ordinary | Buy
| 2490 | 2.29100 GBP | |
48/7p ordinary | Buy
| 2401 | 2.29150 GBP | |
48/7p ordinary | Buy
| 1105 | 2.29200 GBP | |
48/7p ordinary | Buy
| 1563 | 2.29400 GBP | |
48/7p ordinary | Buy
| 1827 | 2.29600 GBP | |
48/7p ordinary | Buy
| 1087 | 2.29700 GBP | |
48/7p ordinary | Buy
| 3596 | 2.29800 GBP | |
48/7p ordinary | Buy
| 8605 | 2.29900 GBP | |
48/7p ordinary | Buy
| 16094 | 2.30000 GBP | |
48/7p ordinary | Buy
| 2495 | 2.30050 GBP | |
48/7p ordinary | Buy
| 498 | 2.30100 GBP | |
48/7p ordinary | Buy
| 1211 | 2.30200 GBP | |
48/7p ordinary | Buy
| 1139 | 2.30400 GBP | |
48/7p ordinary | Sell
| 1427 | 2.24100 GBP | |
48/7p ordinary | Sell
| 665 | 2.24200 GBP | |
48/7p ordinary | Sell
| 5200 | 2.24300 GBP | |
48/7p ordinary | Sell
| 2096 | 2.25300 GBP | |
48/7p ordinary | Sell
| 4607 | 2.25400 GBP | |
48/7p ordinary | Sell
| 1600 | 2.25600 GBP | |
48/7p ordinary | Sell
| 1637 | 2.25700 GBP | |
48/7p ordinary | Sell
| 1879 | 2.25800 GBP | |
48/7p ordinary | Sell
| 3978 | 2.25900 GBP | |
48/7p ordinary | Sell
| 5998 | 2.27400 GBP | |
48/7p ordinary | Sell
| 4793 | 2.27450 GBP | |
48/7p ordinary | Sell
| 3353 | 2.27550 GBP | |
48/7p ordinary | Sell
| 10686 | 2.27650 GBP | |
48/7p ordinary | Sell
| 28954 | 2.27700 GBP | |
48/7p ordinary | Sell
| 17062 | 2.27750 GBP | |
48/7p ordinary | Sell
| 3899 | 2.27800 GBP | |
48/7p ordinary | Sell
| 2166 | 2.27900 GBP | |
TOTAL BUY :
| 100000 | |||
TOTAL SALE :
| 100000 |
(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 |
|
(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 |
|
(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) |
|
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 exempt principal trader 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
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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/NO |
| Date of disclosure: | 15 January 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
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.
Related Shares:
GKN PLCMelrose