26th Nov 2014 11:26
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 | TUI AG | |||
| relevant securities this form relates: | |||||
| (c) | Name of the party to the offer with which exempt | TUI TRAVEL PLC | |||
| principal trader is connected | |||||
| (d) | Date position held/dealing undertaken: | 25 November 2014 | |||
| (e) | Has the EPT previously disclosed, or is it | YES: | |||
| today disclosing, under the Code in respect | TUI TRAVEL 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: | 833,031 | 0.29% | 345,332 | 0.12% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 345,078 | 0.12% | 724,958 | 0.25% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 1,178,109 | 0.41% | 1,070,290 | 0.37% | |||||||
| Class of relevant security: | Convertible Bond DE000TUAG158 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 2,868 | 0.00% | 0 | 0.00% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 0 | 0.00% | 0 | 0.00% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 2,868 | 0.00% | 0 | 0.00% | |||||||
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 | 249 | 13.2450 EUR | ||||
| ORD | Purchase | 325 | 13.3000 EUR | ||||
| ORD | Purchase | 350 | 13.2250 EUR | ||||
| ORD | Purchase | 415 | 13.2862 EUR | ||||
| ORD | Purchase | 700 | 13.2000 EUR | ||||
| ORD | Purchase | 1,375 | 13.2300 EUR | ||||
| ORD | Purchase | 1,767 | 13.2525 EUR | ||||
| ORD | Purchase | 4,350 | 13.2259 EUR | ||||
| ORD | Purchase | 7,785 | 13.2223 EUR | ||||
| ORD | Purchase | 8,816 | 13.2546 EUR | ||||
| ORD | Purchase | 9,106 | 13.2700 EUR | ||||
| ORD | Purchase | 15,600 | 13.2430 EUR | ||||
| ORD | Purchase | 24,633 | 13.2244 EUR | ||||
| ORD | Purchase | 26,341 | 13.2537 EUR | ||||
| ORD | Purchase | 29,232 | 13.2037 EUR | ||||
| ORD | Sale | 249 | 13.2450 EUR | ||||
| ORD | Sale | 325 | 13.3000 EUR | ||||
| ORD | Sale | 350 | 13.2250 EUR | ||||
| ORD | Sale | 1,400 | 13.2000 EUR | ||||
| ORD | Sale | 3,132 | 13.2012 EUR | ||||
| ORD | Sale | 4,124 | 13.1955 EUR | ||||
| ORD | Sale | 7,463 | 13.2623 EUR | ||||
| ORD | Sale | 7,741 | 13.2022 EUR | ||||
| ORD | Sale | 9,900 | 13.2700 EUR | ||||
| ORD | Sale | 11,568 | 13.2277 EUR | ||||
| ORD | Sale | 39,590 | 13.2550 EUR |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | SWAP | Long | 1,349 | 13.2012 EUR | |||||
| ORD | SWAP | Long | 3,700 | 13.2027 EUR | |||||
| ORD | SWAP | Long | 3,724 | 13.1950 EUR | |||||
| ORD | SWAP | Long | 6,224 | 13.2015 EUR | |||||
| ORD | SWAP | Long | 7,463 | 13.2624 EUR | |||||
| ORD | CFD | Long | 11,568 | 13.2278 EUR | |||||
| ORD | CFD | Long | 18,518 | 13.2523 EUR | |||||
| ORD | SWAP | Short | 3,875 | 13.2890 EUR | |||||
| ORD | SWAP | Short | 3,994 | 13.2278 EUR | |||||
| ORD | SWAP | Short | 6,090 | 13.1913 EUR | |||||
| ORD | CFD | Short | 7,785 | 13.2223 EUR | |||||
| ORD | SWAP | Short | 11,358 | 13.1985 EUR | |||||
| ORD | SWAP | Short | 11,725 | 13.2277 EUR | |||||
| ORD | CFD | Short | 45,589 | 13.2282 EUR |
(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: | 26 Nov 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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