18th Sep 2012 11:12
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: | Jefferies International Limited |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | BAE Systems Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | BAE Systems Plc |
(d) Date position held/dealing undertaken: | 17 September 2012 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | YES EADS N.V. |
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: 2.5p ORD
| ||||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 1,108,934 | 0.0341 | ||
(2) Derivatives (other than options): | ||||
(3) Options and agreements to purchase/sell: | 501,000 | 0.0154% | ||
TOTAL: | 1,609,934 | 0.0495% | ||
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 (GBP) |
ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS
ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS ORDS
| BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL
Total buy Total sell | 453 460 118 1,622 6,173 34 621 434 670 4,968 630 236 49 1,868 5,275 45 29 12,955 6,952 15 673 38,461 2791 116 16,584 818 108 216 749 104 7624 76 1,644 5,889 93 3,010 13 14 15,094 1,682 15,000 4664 1817 1728 3871 17300 513 2391 1,052 1,293 4,695 572 208 234 5,476 1,046 2174 10232 9634 13023 6049 128 32 3239 606 11,730 6 3486 2559 9007 65 17 242 9885 41 52 16 353 5551 85 1156 116 19,317 250 4653 8 113 13974 323 35133 9236 100 1200 7740 104 4588 1511 150000 580
889 49 13,873 1,903 24,307 48 3,180 46 104 59,638 48 2,900 3236 6,104 13 189 38 11,131 118 890 5399 54 3171 3,746 43 5,435 62 1,510 2,380 3,240 520 1,820 13 10,152 719 526 2037 2376 3871 2,300 513 2,391 1,501 232,309 1,043 572 1,030 109 582 5961 3198 15521 1764 1,535 9000 1142 17118 550 26,317 517 5500 3281 25 29983
539,540 539,540 | 3.4390 3.4400 3.4405 3.4410 3.4420 3.4421 3.4424 3.4425 3.4430 3.4440 3.4445 3.4450 3.4459 3.4460 3.4470 3.4471 3.4479 3.4480 3.4490 3.4493 3.4495 3.4500 3.4502 3.4505 3.4510 3.4520 3.4525 3.4535 3.4540 3.4550 3.4560 3.4561 3.4570 3.4580 3.4589 3.4590 3.4592 3.4593 3.4600 3.4610 3.4630 3.4640 3.4650 3.4660 3.4670 3.4680 3.4690 3.4700 3.4710 3.4720 3.4730 3.4740 3.4745 3.4750 3.4760 3.4770 3.4780 3.4790 3.4793 3.4800 3.4810 3.4815 3.4819 3.4820 3.4826 3.4830 3.4833 3.4840 3.4847 3.4850 3.4851 3.4853 3.4855 3.4860 3.4861 3.4862 3.4863 3.4865 3.4870 3.4871 3.4873 3.4875 3.4880 3.4885 3.4886 3.4888 3.4889 3.4890 3.4895 3.4900 3.4910 3.4915 3.4920 3.4930 3.4931 3.4950 3.4960 3.4965 3.5050
3.4440 3.4459 3.4460 3.4470 3.4480 3.4483 3.4490 3.4491 3.4495 3.4500 3.4508 3.4510 3.4512 3.4520 3.4523 3.4530 3.4539 3.4540 3.4541 3.4550 3.4552 3.4559 3.4560 3.4570 3.4579 3.4580 3.4581 3.4590 3.4600 3.4610 3.4615 3.4620 3.4623 3.4630 3.4640 3.4650 3.4660 3.4670 3.4680 3.4690 3.4700 3.4710 3.4720 3.4730 3.4740 3.4750 3.4760 3.4765 3.4770 3.4790 3.4800 3.4810 3.4820 3.4830 3.4840 3.4850 3.4860 3.4870 3.4880 3.4890 3.4940 3.4950 3.4952 3.4990 |
(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 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" |
|
(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" |
|
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | YES |
| Date of disclosure: | 18 September 2012 |
| Contact name: | James Step |
| Telephone number: | 020 7029 8656 |
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.
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: | Jefferies International Limited |
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | BAE Systems Plc |
2. OPTIONS AND DERIVATIVES
Class of relevant security | Product description e.g. call option | Written or purchased | Number of securities to which option or derivative relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date |
2.5p Ordinary | Put Option | Purchased | 1000 | 3.40 | American | 21/09/12 |
2.5p Ordinary | Put Option | Purchased | 500,000 | 3.00 | American | 21/09/12 |
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.
Related Shares:
BAE Systems