10th Dec 2014 11:22
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: | BARCLAYS CAPITAL SECURITIES LTD | |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | FRIENDS LIFE GROUP LIMITED | |
| (c) Name of the party to the offer with which exempt principal trader is connected: | FRIENDS LIFE GROUP LIMITED | |
| (d) Date position held/dealing undertaken: | 9 DEC 2014 | |
| (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | YES: AVIVA PLC |
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: | 5,255,415 | 0.37% | 1,270,746 | 0.09% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 977,713 | 0.07% | 3,247,336 | 0.23% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 6,233,128 | 0.44% | 4,518,082 | 0.32% | |||||||
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 | Purchase/sale | Number of | Price per unit | ||||||
| security | securities | ||||||||
| ORD | Purchase | 172 | 3.7320 GBP | ||||||
| ORD | Purchase | 213 | 3.7730 GBP | ||||||
| ORD | Purchase | 218 | 3.7250 GBP | ||||||
| ORD | Purchase | 227 | 3.7354 GBP | ||||||
| ORD | Purchase | 296 | 3.7940 GBP | ||||||
| ORD | Purchase | 385 | 3.7870 GBP | ||||||
| ORD | Purchase | 397 | 3.7360 GBP | ||||||
| ORD | Purchase | 444 | 3.7430 GBP | ||||||
| ORD | Purchase | 445 | 3.7439 GBP | ||||||
| ORD | Purchase | 445 | 3.7440 GBP | ||||||
| ORD | Purchase | 445 | 3.7580 GBP | ||||||
| ORD | Purchase | 445 | 3.7640 GBP | ||||||
| ORD | Purchase | 494 | 3.7760 GBP | ||||||
| ORD | Purchase | 576 | 3.7570 GBP | ||||||
| ORD | Purchase | 656 | 3.7810 GBP | ||||||
| ORD | Purchase | 670 | 3.7410 GBP | ||||||
| ORD | Purchase | 742 | 3.7359 GBP | ||||||
| ORD | Purchase | 742 | 3.7435 GBP | ||||||
| ORD | Purchase | 742 | 3.7460 GBP | ||||||
| ORD | Purchase | 892 | 3.7910 GBP | ||||||
| ORD | Purchase | 969 | 3.7170 GBP | ||||||
| ORD | Purchase | 969 | 3.7379 GBP | ||||||
| ORD | Purchase | 969 | 3.7450 GBP | ||||||
| ORD | Purchase | 1,104 | 3.7290 GBP | ||||||
| ORD | Purchase | 1,118 | 3.7330 GBP | ||||||
| ORD | Purchase | 1,250 | 3.7660 GBP | ||||||
| ORD | Purchase | 1,406 | 3.7363 GBP | ||||||
| ORD | Purchase | 1,424 | 3.7400 GBP | ||||||
| ORD | Purchase | 1,536 | 3.7420 GBP | ||||||
| ORD | Purchase | 1,771 | 3.7900 GBP | ||||||
| ORD | Purchase | 1,782 | 3.7310 GBP | ||||||
| ORD | Purchase | 1,906 | 3.7240 GBP | ||||||
| ORD | Purchase | 1,919 | 3.7390 GBP | ||||||
| ORD | Purchase | 2,140 | 3.7160 GBP | ||||||
| ORD | Purchase | 2,226 | 3.7530 GBP | ||||||
| ORD | Purchase | 2,226 | 3.7610 GBP | ||||||
| ORD | Purchase | 2,270 | 3.7340 GBP | ||||||
| ORD | Purchase | 3,069 | 3.7348 GBP | ||||||
| ORD | Purchase | 3,201 | 3.7200 GBP | ||||||
| ORD | Purchase | 3,656 | 3.8000 GBP | ||||||
| ORD | Purchase | 3,863 | 3.7260 GBP | ||||||
| ORD | Purchase | 4,072 | 3.7600 GBP | ||||||
| ORD | Purchase | 4,463 | 3.7230 GBP | ||||||
| ORD | Purchase | 4,822 | 3.7300 GBP | ||||||
| ORD | Purchase | 5,116 | 3.7210 GBP | ||||||
| ORD | Purchase | 5,232 | 3.7380 GBP | ||||||
| ORD | Purchase | 7,357 | 3.7263 GBP | ||||||
| ORD | Purchase | 7,479 | 3.7220 GBP | ||||||
| ORD | Purchase | 8,144 | 3.7666 GBP | ||||||
| ORD | Purchase | 9,218 | 3.7280 GBP | ||||||
| ORD | Purchase | 11,801 | 3.7269 GBP | ||||||
| ORD | Purchase | 20,138 | 3.7451 GBP | ||||||
| ORD | Purchase | 31,632 | 3.7514 GBP | ||||||
| ORD | Purchase | 32,915 | 3.7309 GBP | ||||||
| ORD | Purchase | 38,247 | 3.7403 GBP | ||||||
| ORD | Purchase | 59,900 | 3.7615 GBP | ||||||
| ORD | Purchase | 96,300 | 3.7262 GBP | ||||||
| ORD | Purchase | 323,345 | 3.7190 GBP | ||||||
| ORD | Sale | 172 | 3.7320 GBP | ||||||
| ORD | Sale | 211 | 3.7510 GBP | ||||||
| ORD | Sale | 213 | 3.7730 GBP | ||||||
| ORD | Sale | 218 | 3.7250 GBP | ||||||
| ORD | Sale | 227 | 3.7354 GBP | ||||||
| ORD | Sale | 296 | 3.7940 GBP | ||||||
| ORD | Sale | 382 | 3.7840 GBP | ||||||
| ORD | Sale | 385 | 3.7870 GBP | ||||||
| ORD | Sale | 397 | 3.7360 GBP | ||||||
| ORD | Sale | 444 | 3.7430 GBP | ||||||
| ORD | Sale | 445 | 3.7439 GBP | ||||||
| ORD | Sale | 445 | 3.7440 GBP | ||||||
| ORD | Sale | 445 | 3.7580 GBP | ||||||
| ORD | Sale | 445 | 3.7640 GBP | ||||||
| ORD | Sale | 494 | 3.7760 GBP | ||||||
| ORD | Sale | 576 | 3.7570 GBP | ||||||
| ORD | Sale | 656 | 3.7810 GBP | ||||||
| ORD | Sale | 670 | 3.7410 GBP | ||||||
| ORD | Sale | 742 | 3.7359 GBP | ||||||
| ORD | Sale | 742 | 3.7435 GBP | ||||||
| ORD | Sale | 742 | 3.7460 GBP | ||||||
| ORD | Sale | 892 | 3.7910 GBP | ||||||
| ORD | Sale | 969 | 3.7170 GBP | ||||||
| ORD | Sale | 969 | 3.7450 GBP | ||||||
| ORD | Sale | 1,118 | 3.7330 GBP | ||||||
| ORD | Sale | 1,250 | 3.7660 GBP | ||||||
| ORD | Sale | 1,424 | 3.7400 GBP | ||||||
| ORD | Sale | 1,536 | 3.7420 GBP | ||||||
| ORD | Sale | 1,771 | 3.7900 GBP | ||||||
| ORD | Sale | 1,782 | 3.7310 GBP | ||||||
| ORD | Sale | 1,906 | 3.7240 GBP | ||||||
| ORD | Sale | 1,919 | 3.7390 GBP | ||||||
| ORD | Sale | 2,130 | 3.7399 GBP | ||||||
| ORD | Sale | 2,140 | 3.7160 GBP | ||||||
| ORD | Sale | 2,226 | 3.7530 GBP | ||||||
| ORD | Sale | 2,226 | 3.7610 GBP | ||||||
| ORD | Sale | 2,228 | 3.7290 GBP | ||||||
| ORD | Sale | 2,270 | 3.7340 GBP | ||||||
| ORD | Sale | 2,599 | 3.7303 GBP | ||||||
| ORD | Sale | 3,201 | 3.7200 GBP | ||||||
| ORD | Sale | 3,656 | 3.8000 GBP | ||||||
| ORD | Sale | 3,863 | 3.7260 GBP | ||||||
| ORD | Sale | 4,072 | 3.7600 GBP | ||||||
| ORD | Sale | 4,463 | 3.7230 GBP | ||||||
| ORD | Sale | 4,822 | 3.7300 GBP | ||||||
| ORD | Sale | 5,116 | 3.7210 GBP | ||||||
| ORD | Sale | 5,232 | 3.7380 GBP | ||||||
| ORD | Sale | 6,242 | 3.7220 GBP | ||||||
| ORD | Sale | 6,676 | 3.7391 GBP | ||||||
| ORD | Sale | 9,218 | 3.7280 GBP | ||||||
| ORD | Sale | 11,031 | 3.7298 GBP | ||||||
| ORD | Sale | 15,498 | 3.7452 GBP | ||||||
| ORD | Sale | 16,235 | 3.7448 GBP | ||||||
| ORD | Sale | 37,528 | 3.7323 GBP | ||||||
| ORD | Sale | 45,897 | 3.7447 GBP | ||||||
| ORD | Sale | 46,342 | 3.7234 GBP | ||||||
| ORD | Sale | 63,903 | 3.7319 GBP | ||||||
| ORD | Sale | 119,802 | 3.7384 GBP | ||||||
| ORD | Sale | 164,779 | 3.7379 GBP | ||||||
| ORD | Sale | 323,345 | 3.7190 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 | 3,230 | 3.7252 GBP | |||||
| ORD | CFD | Long | 3,446 | 3.7521 GBP | |||||
| ORD | CFD | Long | 14,685 | 3.7278 GBP | |||||
| ORD | CFD | Long | 17,179 | 3.7493 GBP | |||||
| ORD | SWAP | Long | 17,592 | 3.7414 GBP | |||||
| ORD | SWAP | Long | 53,137 | 3.7389 GBP | |||||
| ORD | CFD | Long | 96,297 | 3.7374 GBP | |||||
| ORD | SWAP | Short | 21,814 | 3.7646 GBP | |||||
| ORD | SWAP | Short | 22,856 | 3.7246 GBP | |||||
| ORD | CFD | Short | 31,707 | 3.7393 GBP | |||||
| ORD | CFD | Short | 96,300 | 3.7262 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: | 10 DEC 2014 | |
| Contact name: | Rajesh Muthanna | |
| Telephone number: | 020 3555 4634 |
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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