1st Apr 2026 11:38
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 |
| SENIOR PLC | ||||
| relevant securities this form relates: |
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(c) | Name of the party to the offer with which exempt | A CONSORTIUM COMPRISING TINICUM INCORPORATED AND BLACKSTONE PRIVATE INVESTMENTS ADVISORS L.L.C. | |||||
| principal trader is connected |
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(d) | Date position held/dealing undertaken: |
| 31 Mar 2026 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | NO |
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| trader making disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing (if any) |
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Class of relevant security: | 10p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 7,363,723 | 1.76% | 400,350 | 0.10% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 215,051 | 0.05% | 7,318,927 | 1.75% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 7,578,774 | 1.81% | 7,719,277 | 1.84% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
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10p ordinary | Purchase | 351,281 | 2.8850 GBP | 2.8020 GBP | |||
10p ordinary | Sale | 698,195 | 2.8750 GBP | 2.8200 GBP | |||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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10p ordinary | SWAP | Increasing Short | 22,417 | 2.8682 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36,260 | 2.8550 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,800 | 2.8569 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200,000 | 2.8579 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,221 | 2.8582 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,160 | 2.8589 GBP | |||
10p ordinary | SWAP | Decreasing Short | 325 | 2.8598 GBP | |||
10p ordinary | SWAP | Decreasing Short | 51,801 | 2.8599 GBP | |||
10p ordinary | SWAP | Decreasing Short | 45,359 | 2.8600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,849 | 2.8613 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,693 | 2.8621 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,550 | 2.8631 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,087 | 2.8633 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,671 | 2.8638 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,136 | 2.8647 GBP | |||
10p ordinary | SWAP | Decreasing Short | 987 | 2.8663 GBP | |||
10p ordinary | SWAP | Decreasing Short | 923 | 2.8674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,075 | 2.8682 GBP | |||
10p ordinary | SWAP | Decreasing Short | 41,403 | 2.8691 GBP | |||
10p ordinary | SWAP | Decreasing Short | 62,147 | 2.8698 GBP | |||
10p ordinary | SWAP | Decreasing Short | 26 | 2.8699 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,159 | 2.8750 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,125 | 2.8019 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,857 | 2.8600 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,635 | 2.8601 GBP | |||
10p ordinary | SWAP | Increasing Short | 91,931 | 2.8636 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,468 | 2.8656 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,978 | 2.8661 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,032 | 2.8664 GBP | |||
10p ordinary | SWAP | Increasing Short | 43,297 | 2.8699 GBP | |||
10p ordinary | SWAP | Increasing Short | 575 | 2.8706 GBP | |||
10p ordinary | SWAP | Increasing Short | 369 | 2.8749 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,000 | 2.8780 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,816 | 2.8800 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,744 | 2.8802 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,389 | 2.8817 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,500 | 2.8850 GBP | |||
10p ordinary | CFD | Increasing Long | 5,859 | 2.8562 GBP | |||
10p ordinary | CFD | Increasing Long | 41,132 | 2.8646 GBP | |||
10p ordinary | CFD | Increasing Long | 760 | 2.8749 GBP | |||
10p ordinary | CFD | Increasing Long | 668 | 2.8797 GBP | |||
10p ordinary | CFD | Decreasing Long | 4,069 | 2.8783 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 01 Apr 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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