6th Feb 2015 11:59
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 | REXAM PLC | |||
| relevant securities this form relates: | |||||
| (c) | Name of the party to the offer with which exempt | REXAM PLC | |||
| principal trader is connected | |||||
| (d) | Date position held/dealing undertaken: | 5 February 2015 | |||
| (e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||
| trader making disclosures in respect of any other party to the offer? | BALL CORPORATION |
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: | ORD | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 4,312,324 | 0.61% | 2,572,645 | 0.37% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 1,508,945 | 0.21% | 2,828,501 | 0.40% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 5,821,269 | 0.83% | 5,401,146 | 0.77% | |||||||
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 3(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 | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||||
| security | securities | paid/received | paid/received | ||||||
| ORD | Purchase | 2,234,347 | 5.6650 GBP | 0.0511 GBP | |||||
| ORD | Sale | 4,913,132 | 5.6575 GBP | 4.74 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | SWAP | Long | 157 | 5.2596 GBP | |||||
| ORD | CFD | Long | 495 | 5.1715 GBP | |||||
| ORD | CFD | Long | 1,000 | 5.6493 GBP | |||||
| ORD | CFD | Long | 2,480 | 5.2960 GBP | |||||
| ORD | CFD | Long | 2,786 | 5.6564 GBP | |||||
| ORD | CFD | Long | 3,959 | 5.6093 GBP | |||||
| ORD | CFD | Long | 4,000 | 5.6793 GBP | |||||
| ORD | CFD | Long | 5,000 | 4.8996 GBP | |||||
| ORD | CFD | Long | 5,000 | 4.9496 GBP | |||||
| ORD | CFD | Long | 5,234 | 5.2889 GBP | |||||
| ORD | CFD | Long | 6,041 | 5.6078 GBP | |||||
| ORD | CFD | Long | 6,118 | 5.0920 GBP | |||||
| ORD | CFD | Long | 10,000 | 5.5562 GBP | |||||
| ORD | SWAP | Long | 10,966 | 4.7511 GBP | |||||
| ORD | SWAP | Long | 11,702 | 4.7816 GBP | |||||
| ORD | CFD | Long | 20,000 | 4.7915 GBP | |||||
| ORD | CFD | Long | 27,339 | 4.6311 GBP | |||||
| ORD | SWAP | Long | 27,576 | 5.0652 GBP | |||||
| ORD | SWAP | Long | 33,408 | 4.7523 GBP | |||||
| ORD | CFD | Long | 34,820 | 5.4734 GBP | |||||
| ORD | CFD | Long | 40,000 | 4.5496 GBP | |||||
| ORD | CFD | Long | 40,000 | 5.6018 GBP | |||||
| ORD | CFD | Long | 40,000 | 5.6353 GBP | |||||
| ORD | SWAP | Long | 43,764 | 5.0727 GBP | |||||
| ORD | CFD | Long | 50,000 | 5.5995 GBP | |||||
| ORD | CFD | Long | 50,000 | 5.6061 GBP | |||||
| ORD | CFD | Long | 50,000 | 5.6095 GBP | |||||
| ORD | CFD | Long | 33,715 | 4.7556 GBP | |||||
| ORD | CFD | Long | 100,000 | 4.7839 GBP | |||||
| ORD | CFD | Long | 100,000 | 5.5104 GBP | |||||
| ORD | CFD | Long | 113,000 | 5.4100 GBP | |||||
| ORD | SWAP | Long | 129,047 | 5.2299 GBP | |||||
| ORD | CFD | Long | 200,000 | 5.5095 GBP | |||||
| ORD | CFD | Long | 203,584 | 5.4348 GBP | |||||
| ORD | CFD | Long | 233,591 | 4.8431 GBP | |||||
| ORD | CFD | Long | 292,282 | 5.4313 GBP | |||||
| ORD | SWAP | Long | 443,840 | 5.2050 GBP | |||||
| ORD | SWAP | Long | 534,421 | 5.4410 GBP | |||||
| ORD | SWAP Expires 09/03/2016 | Long | 1,200,000 | 5.3806 GBP | |||||
| ORD | CFD | Short | 200 | 5.5606 GBP | |||||
| ORD | CFD | Short | 4,464 | 5.5806 GBP | |||||
| ORD | CFD | Short | 5,536 | 5.5856 GBP | |||||
| ORD | CFD | Short | 10,000 | 4.7574 GBP | |||||
| ORD | CFD | Short | 10,000 | 4.7581 GBP | |||||
| ORD | CFD | Short | 16,491 | 4.7241 GBP | |||||
| ORD | SWAP Expires 09/02/2016 | Short | 16,975 | 5.6565 GBP | |||||
| ORD | CFD | Short | 17,170 | 4.6460 GBP | |||||
| ORD | CFD | Short | 20,000 | 4.7633 GBP | |||||
| ORD | CFD | Short | 20,000 | 4.7645 GBP | |||||
| ORD | CFD | Short | 20,000 | 5.6006 GBP | |||||
| ORD | CFD | Short | 27,795 | 4.7547 GBP | |||||
| ORD | SWAP | Short | 34,672 | 4.7749 GBP | |||||
| ORD | CFD | Short | 40,000 | 4.7638 GBP | |||||
| ORD | CFD | Short | 48,998 | 4.5967 GBP | |||||
| ORD | CFD | Short | 56,533 | 5.4756 GBP | |||||
| ORD | CFD | Short | 31,476 | 5.6215 GBP | |||||
| ORD | CFD | Short | 78,700 | 5.4279 GBP | |||||
| ORD | CFD | Short | 78,841 | 5.3514 GBP | |||||
| ORD | CFD | Short | 106,885 | 5.1549 GBP | |||||
| ORD | SWAP | Short | 113,941 | 5.3273 GBP | |||||
| ORD | CFD | Short | 120,708 | 4.7973 GBP | |||||
| ORD | SWAP | Short | 263,029 | 5.4291 GBP | |||||
| ORD | SWAP | Short | 276,582 | 5.4485 GBP |
(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” |
(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? | NO | |
| Date of disclosure: | 6 Feb 2015 | |
| 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 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 2015
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