4th Dec 2014 17:21
FORM 8.5 (EPT/NON-RI)
AMENDMENT TO 2(a) Long & 3(a) Sales
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: | BARCLAYS CAPITAL SECURITIES LTD | |||
| (b) | Name of offeror/offeree in relation to whose | FRIENDS LIFE GROUP LIMITED | |||
| relevant securities this form relates: | |||||
| (c) | Name of the party to the offer with which exempt | FRIENDS LIFE GROUP LIMITED | |||
| principal trader is connected | |||||
| (d) | Date position held/dealing undertaken: | 2 December 2014 | |||
| (e) | Has the EPT previously disclosed, or is it | YES: | |||
| today disclosing, under the Code in respect | AVIVA PLC | ||||
| of any other party to this offer? |
2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(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: | 4,110,982 | 0.29% | 1,102,027 | 0.08% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 841,802 | 0.06% | 2,116,835 | 0.15% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 4,952,784 | 0.35% | 3,218,862 | 0.23% | |||||||
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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a) Purchases and sales
| Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
| ORD | Purchase | 153 | 3.7510 GBP | ||||
| ORD | Purchase | 158 | 3.7740 GBP | ||||
| ORD | Purchase | 216 | 3.8030 GBP | ||||
| ORD | Purchase | 224 | 3.7679 GBP | ||||
| ORD | Purchase | 276 | 3.7320 GBP | ||||
| ORD | Purchase | 276 | 3.8040 GBP | ||||
| ORD | Purchase | 322 | 3.7360 GBP | ||||
| ORD | Purchase | 377 | 3.7310 GBP | ||||
| ORD | Purchase | 394 | 3.7405 GBP | ||||
| ORD | Purchase | 478 | 3.8330 GBP | ||||
| ORD | Purchase | 478 | 3.8430 GBP | ||||
| ORD | Purchase | 478 | 3.8510 GBP | ||||
| ORD | Purchase | 538 | 3.7500 GBP | ||||
| ORD | Purchase | 586 | 3.8160 GBP | ||||
| ORD | Purchase | 629 | 3.7640 GBP | ||||
| ORD | Purchase | 682 | 3.7850 GBP | ||||
| ORD | Purchase | 692 | 3.7340 GBP | ||||
| ORD | Purchase | 709 | 3.7424 GBP | ||||
| ORD | Purchase | 709 | 3.7550 GBP | ||||
| ORD | Purchase | 709 | 3.7580 GBP | ||||
| ORD | Purchase | 775 | 3.8410 GBP | ||||
| ORD | Purchase | 780 | 3.7859 GBP | ||||
| ORD | Purchase | 797 | 3.8220 GBP | ||||
| ORD | Purchase | 797 | 3.8450 GBP | ||||
| ORD | Purchase | 815 | 3.7409 GBP | ||||
| ORD | Purchase | 851 | 3.8290 GBP | ||||
| ORD | Purchase | 860 | 3.7520 GBP | ||||
| ORD | Purchase | 873 | 3.7470 GBP | ||||
| ORD | Purchase | 885 | 3.7810 GBP | ||||
| ORD | Purchase | 892 | 3.7659 GBP | ||||
| ORD | Purchase | 931 | 3.7685 GBP | ||||
| ORD | Purchase | 935 | 3.7410 GBP | ||||
| ORD | Purchase | 936 | 3.8460 GBP | ||||
| ORD | Purchase | 944 | 3.7330 GBP | ||||
| ORD | Purchase | 979 | 3.8090 GBP | ||||
| ORD | Purchase | 999 | 3.7630 GBP | ||||
| ORD | Purchase | 1,000 | 3.8070 GBP | ||||
| ORD | Purchase | 1,009 | 3.8260 GBP | ||||
| ORD | Purchase | 1,067 | 3.7530 GBP | ||||
| ORD | Purchase | 1,116 | 3.8480 GBP | ||||
| ORD | Purchase | 1,125 | 3.7699 GBP | ||||
| ORD | Purchase | 1,146 | 3.8250 GBP | ||||
| ORD | Purchase | 1,149 | 3.7855 GBP | ||||
| ORD | Purchase | 1,221 | 3.8350 GBP | ||||
| ORD | Purchase | 1,262 | 3.7725 GBP | ||||
| ORD | Purchase | 1,336 | 3.8340 GBP | ||||
| ORD | Purchase | 1,375 | 3.7680 GBP | ||||
| ORD | Purchase | 1,411 | 3.7730 GBP | ||||
| ORD | Purchase | 1,539 | 3.8490 GBP | ||||
| ORD | Purchase | 1,553 | 3.7675 GBP | ||||
| ORD | Purchase | 1,553 | 3.7695 GBP | ||||
| ORD | Purchase | 1,560 | 3.7420 GBP | ||||
| ORD | Purchase | 1,660 | 3.8580 GBP | ||||
| ORD | Purchase | 1,765 | 3.7430 GBP | ||||
| ORD | Purchase | 1,770 | 3.8400 GBP | ||||
| ORD | Purchase | 1,909 | 3.7350 GBP | ||||
| ORD | Purchase | 2,055 | 3.8280 GBP | ||||
| ORD | Purchase | 2,060 | 3.7970 GBP | ||||
| ORD | Purchase | 2,096 | 3.8610 GBP | ||||
| ORD | Purchase | 2,131 | 3.8010 GBP | ||||
| ORD | Purchase | 2,145 | 3.8560 GBP | ||||
| ORD | Purchase | 2,315 | 3.7830 GBP | ||||
| ORD | Purchase | 2,341 | 3.7840 GBP | ||||
| ORD | Purchase | 2,355 | 3.7820 GBP | ||||
| ORD | Purchase | 2,390 | 3.6760 GBP | ||||
| ORD | Purchase | 2,574 | 3.8530 GBP | ||||
| ORD | Purchase | 2,680 | 3.8130 GBP | ||||
| ORD | Purchase | 2,766 | 3.7750 GBP | ||||
| ORD | Purchase | 2,801 | 3.7800 GBP | ||||
| ORD | Purchase | 2,859 | 3.8050 GBP | ||||
| ORD | Purchase | 2,880 | 3.8570 GBP | ||||
| ORD | Purchase | 2,917 | 3.7660 GBP | ||||
| ORD | Purchase | 3,262 | 3.8000 GBP | ||||
| ORD | Purchase | 3,300 | 3.7370 GBP | ||||
| ORD | Purchase | 3,361 | 3.8060 GBP | ||||
| ORD | Purchase | 3,368 | 3.8230 GBP | ||||
| ORD | Purchase | 3,628 | 3.7600 GBP | ||||
| ORD | Purchase | 3,710 | 3.7590 GBP | ||||
| ORD | Purchase | 3,805 | 3.8520 GBP | ||||
| ORD | Purchase | 3,860 | 3.8300 GBP | ||||
| ORD | Purchase | 3,946 | 3.7890 GBP | ||||
| ORD | Purchase | 3,965 | 3.7780 GBP | ||||
| ORD | Purchase | 4,087 | 3.8020 GBP | ||||
| ORD | Purchase | 4,900 | 3.7790 GBP | ||||
| ORD | Purchase | 5,159 | 3.8440 GBP | ||||
| ORD | Purchase | 5,475 | 3.8420 GBP | ||||
| ORD | Purchase | 6,193 | 3.7700 GBP | ||||
| ORD | Purchase | 6,788 | 3.8500 GBP | ||||
| ORD | Purchase | 6,796 | 3.8578 GBP | ||||
| ORD | Purchase | 7,692 | 3.8310 GBP | ||||
| ORD | Purchase | 11,076 | 3.7990 GBP | ||||
| ORD | Purchase | 12,152 | 3.7415 GBP | ||||
| ORD | Purchase | 14,557 | 3.7807 GBP | ||||
| ORD | Purchase | 16,224 | 3.8486 GBP | ||||
| ORD | Purchase | 22,112 | 3.8448 GBP | ||||
| ORD | Purchase | 33,031 | 3.8032 GBP | ||||
| ORD | Purchase | 35,374 | 3.8175 GBP | ||||
| ORD | Purchase | 46,579 | 3.7950 GBP | ||||
| ORD | Purchase | 51,160 | 3.8484 GBP | ||||
| ORD | Purchase | 53,023 | 3.8374 GBP | ||||
| ORD | Purchase | 98,133 | 3.8120 GBP | ||||
| ORD | Purchase | 179,678 | 3.8270 GBP | ||||
| ORD | Purchase | 231,301 | 3.7934 GBP | ||||
| ORD | Purchase | 250,000 | 3.8041 GBP | ||||
| ORD | Purchase | 271,058 | 3.7637 GBP | ||||
| ORD | Purchase | 937,487 | 3.7960 GBP | ||||
| ORD | Purchase | 2,600 | 3.7620 GBP | ||||
| ORD | Sale | 153 | 3.7510 GBP | ||||
| ORD | Sale | 216 | 3.8030 GBP | ||||
| ORD | Sale | 224 | 3.7679 GBP | ||||
| ORD | Sale | 276 | 3.7320 GBP | ||||
| ORD | Sale | 276 | 3.8040 GBP | ||||
| ORD | Sale | 300 | 3.7415 GBP | ||||
| ORD | Sale | 322 | 3.7360 GBP | ||||
| ORD | Sale | 377 | 3.7310 GBP | ||||
| ORD | Sale | 394 | 3.7405 GBP | ||||
| ORD | Sale | 478 | 3.8330 GBP | ||||
| ORD | Sale | 478 | 3.8430 GBP | ||||
| ORD | Sale | 478 | 3.8510 GBP | ||||
| ORD | Sale | 538 | 3.7500 GBP | ||||
| ORD | Sale | 558 | 3.7740 GBP | ||||
| ORD | Sale | 586 | 3.8160 GBP | ||||
| ORD | Sale | 629 | 3.7640 GBP | ||||
| ORD | Sale | 682 | 3.7850 GBP | ||||
| ORD | Sale | 692 | 3.7340 GBP | ||||
| ORD | Sale | 709 | 3.7424 GBP | ||||
| ORD | Sale | 709 | 3.7550 GBP | ||||
| ORD | Sale | 709 | 3.7580 GBP | ||||
| ORD | Sale | 775 | 3.8410 GBP | ||||
| ORD | Sale | 780 | 3.7859 GBP | ||||
| ORD | Sale | 797 | 3.8220 GBP | ||||
| ORD | Sale | 797 | 3.8450 GBP | ||||
| ORD | Sale | 815 | 3.7409 GBP | ||||
| ORD | Sale | 851 | 3.8290 GBP | ||||
| ORD | Sale | 860 | 3.7520 GBP | ||||
| ORD | Sale | 873 | 3.7470 GBP | ||||
| ORD | Sale | 885 | 3.7810 GBP | ||||
| ORD | Sale | 892 | 3.7659 GBP | ||||
| ORD | Sale | 931 | 3.7685 GBP | ||||
| ORD | Sale | 935 | 3.7410 GBP | ||||
| ORD | Sale | 936 | 3.8460 GBP | ||||
| ORD | Sale | 944 | 3.7330 GBP | ||||
| ORD | Sale | 979 | 3.8090 GBP | ||||
| ORD | Sale | 999 | 3.7630 GBP | ||||
| ORD | Sale | 1,000 | 3.8070 GBP | ||||
| ORD | Sale | 1,009 | 3.8260 GBP | ||||
| ORD | Sale | 1,067 | 3.7530 GBP | ||||
| ORD | Sale | 1,116 | 3.8480 GBP | ||||
| ORD | Sale | 1,125 | 3.7699 GBP | ||||
| ORD | Sale | 1,130 | 3.8270 GBP | ||||
| ORD | Sale | 1,146 | 3.8250 GBP | ||||
| ORD | Sale | 1,149 | 3.7855 GBP | ||||
| ORD | Sale | 1,221 | 3.8350 GBP | ||||
| ORD | Sale | 1,262 | 3.7725 GBP | ||||
| ORD | Sale | 1,336 | 3.8340 GBP | ||||
| ORD | Sale | 1,375 | 3.7680 GBP | ||||
| ORD | Sale | 1,411 | 3.7730 GBP | ||||
| ORD | Sale | 1,539 | 3.8490 GBP | ||||
| ORD | Sale | 1,553 | 3.7675 GBP | ||||
| ORD | Sale | 1,553 | 3.7695 GBP | ||||
| ORD | Sale | 1,560 | 3.7420 GBP | ||||
| ORD | Sale | 1,660 | 3.8580 GBP | ||||
| ORD | Sale | 1,765 | 3.7430 GBP | ||||
| ORD | Sale | 1,770 | 3.8400 GBP | ||||
| ORD | Sale | 1,909 | 3.7350 GBP | ||||
| ORD | Sale | 2,055 | 3.8280 GBP | ||||
| ORD | Sale | 2,060 | 3.7970 GBP | ||||
| ORD | Sale | 2,096 | 3.8610 GBP | ||||
| ORD | Sale | 2,131 | 3.8010 GBP | ||||
| ORD | Sale | 2,145 | 3.8560 GBP | ||||
| ORD | Sale | 2,315 | 3.7830 GBP | ||||
| ORD | Sale | 2,341 | 3.7840 GBP | ||||
| ORD | Sale | 2,355 | 3.7820 GBP | ||||
| ORD | Sale | 2,390 | 3.6760 GBP | ||||
| ORD | Sale | 2,574 | 3.8530 GBP | ||||
| ORD | Sale | 2,680 | 3.8130 GBP | ||||
| ORD | Sale | 2,766 | 3.7750 GBP | ||||
| ORD | Sale | 2,801 | 3.7800 GBP | ||||
| ORD | Sale | 2,859 | 3.8050 GBP | ||||
| ORD | Sale | 2,880 | 3.8570 GBP | ||||
| ORD | Sale | 2,917 | 3.7660 GBP | ||||
| ORD | Sale | 2,961 | 3.7577 GBP | ||||
| ORD | Sale | 3,262 | 3.8000 GBP | ||||
| ORD | Sale | 3,300 | 3.7370 GBP | ||||
| ORD | Sale | 3,361 | 3.8060 GBP | ||||
| ORD | Sale | 3,368 | 3.8230 GBP | ||||
| ORD | Sale | 3,710 | 3.7590 GBP | ||||
| ORD | Sale | 3,805 | 3.8520 GBP | ||||
| ORD | Sale | 3,860 | 3.8300 GBP | ||||
| ORD | Sale | 3,946 | 3.7890 GBP | ||||
| ORD | Sale | 3,965 | 3.7780 GBP | ||||
| ORD | Sale | 4,076 | 3.7990 GBP | ||||
| ORD | Sale | 4,087 | 3.8020 GBP | ||||
| ORD | Sale | 4,133 | 3.7414 GBP | ||||
| ORD | Sale | 4,800 | 3.7465 GBP | ||||
| ORD | Sale | 4,900 | 3.7790 GBP | ||||
| ORD | Sale | 5,159 | 3.8440 GBP | ||||
| ORD | Sale | 5,475 | 3.8420 GBP | ||||
| ORD | Sale | 6,193 | 3.7700 GBP | ||||
| ORD | Sale | 6,788 | 3.8500 GBP | ||||
| ORD | Sale | 7,692 | 3.8310 GBP | ||||
| ORD | Sale | 10,820 | 3.7610 GBP | ||||
| ORD | Sale | 20,946 | 3.7985 GBP | ||||
| ORD | Sale | 26,837 | 3.8052 GBP | ||||
| ORD | Sale | 32,860 | 3.8095 GBP | ||||
| ORD | Sale | 33,242 | 3.7683 GBP | ||||
| ORD | Sale | 34,191 | 3.7971 GBP | ||||
| ORD | Sale | 40,106 | 3.8035 GBP | ||||
| ORD | Sale | 48,081 | 3.7922 GBP | ||||
| ORD | Sale | 54,896 | 3.7658 GBP | ||||
| ORD | Sale | 82,049 | 3.7538 GBP | ||||
| ORD | Sale | 88,769 | 3.8003 GBP | ||||
| ORD | Sale | 119,154 | 3.7555 GBP | ||||
| ORD | Sale | 166,672 | 3.7600 GBP | ||||
| ORD | Sale | 227,768 | 3.7876 GBP | ||||
| ORD | Sale | 577,671 | 3.7464 GBP |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | CFD | Long | 2,503 | 3.7866 GBP | |||||
| ORD | CFD | Long | 2,943 | 3.7497 GBP | |||||
| ORD | CFD | Long | 2,961 | 3.7576 GBP | |||||
| ORD | CFD | Long | 6,089 | 3.7600 GBP | |||||
| ORD | CFD | Long | 15,000 | 3.7368 GBP | |||||
| ORD | CFD | Long | 34,632 | 3.6856 GBP | |||||
| ORD | CFD | Long | 50,000 | 3.6757 GBP | |||||
| ORD | CFD | Long | 50,000 | 3.7197 GBP | |||||
| ORD | CFD | Long | 50,000 | 3.7287 GBP | |||||
| ORD | CFD | Long | 50,000 | 3.7349 GBP | |||||
| ORD | CFD | Long | 50,000 | 3.7597 GBP | |||||
| ORD | SWAP | Long | 75,694 | 3.7464 GBP | |||||
| ORD | SWAP | Long | 99,367 | 3.7736 GBP | |||||
| ORD | CFD | Short | 1,327 | 3.7903 GBP | |||||
| ORD | SWAP | Short | 6,796 | 3.8577 GBP | |||||
| ORD | CFD | Short | 24,795 | 3.8001 GBP | |||||
| ORD | SWAP | Short | 99,374 | 3.7869 GBP | |||||
| ORD | CFD | Short | 102,957 | 3.8004 GBP | |||||
| ORD | SWAP | Short | 258,678 | 3.8275 GBP |
(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(b), 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 exempt principal trader 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 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? | NO | |
| Date of disclosure: | 4 Dec 2014 | |
| Contact name: | Jay Supaya | |
| Telephone number: | 0207 773 0635 |
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.
Copyright Business Wire 2014
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