12th Dec 2014 12:24
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 | TUI AG | |
| (c) Name of the party to the offer with which exempt principal trader is connected: | TUI TRAVEL PLC | |
| (d) Date position held/dealing undertaken: | 11 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: TUI TRAVEL 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: | 5,779,247 | 1.99% | 834,183 | 0.29% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 351,901 | 0.12% | 2,572,798 | 0.89% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 6,131,148 | 2.12% | 3,406,981 | 1.18% | |||||||
| 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% | |||||||
| (4) | |||||||||||
| 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 | 42 | 14.3028 EUR | ||||||
| ORD | Purchase | 48 | 14.5018 EUR | ||||||
| ORD | Purchase | 67 | 14.1613 EUR | ||||||
| ORD | Purchase | 107 | 14.1828 EUR | ||||||
| ORD | Purchase | 143 | 13.9350 EUR | ||||||
| ORD | Purchase | 153 | 14.1927 EUR | ||||||
| ORD | Purchase | 187 | 13.9300 EUR | ||||||
| ORD | Purchase | 190 | 13.9405 EUR | ||||||
| ORD | Purchase | 205 | 13.9302 EUR | ||||||
| ORD | Purchase | 238 | 13.9450 EUR | ||||||
| ORD | Purchase | 285 | 13.8400 EUR | ||||||
| ORD | Purchase | 292 | 13.9050 EUR | ||||||
| ORD | Purchase | 324 | 13.8550 EUR | ||||||
| ORD | Purchase | 355 | 13.9709 EUR | ||||||
| ORD | Purchase | 442 | 14.3804 EUR | ||||||
| ORD | Purchase | 456 | 13.9200 EUR | ||||||
| ORD | Purchase | 566 | 14.0259 EUR | ||||||
| ORD | Purchase | 615 | 13.9750 EUR | ||||||
| ORD | Purchase | 665 | 13.8600 EUR | ||||||
| ORD | Purchase | 676 | 14.0100 EUR | ||||||
| ORD | Purchase | 816 | 13.9431 EUR | ||||||
| ORD | Purchase | 900 | 13.9322 EUR | ||||||
| ORD | Purchase | 1,037 | 13.9150 EUR | ||||||
| ORD | Purchase | 1,242 | 14.0000 EUR | ||||||
| ORD | Purchase | 1,261 | 13.9222 EUR | ||||||
| ORD | Purchase | 1,426 | 13.9900 EUR | ||||||
| ORD | Purchase | 1,839 | 13.9100 EUR | ||||||
| ORD | Purchase | 1,998 | 14.3559 EUR | ||||||
| ORD | Purchase | 2,070 | 13.8949 EUR | ||||||
| ORD | Purchase | 2,399 | 13.9722 EUR | ||||||
| ORD | Purchase | 2,729 | 14.1110 EUR | ||||||
| ORD | Purchase | 2,889 | 14.0736 EUR | ||||||
| ORD | Purchase | 3,397 | 13.9246 EUR | ||||||
| ORD | Purchase | 3,436 | 14.3560 EUR | ||||||
| ORD | Purchase | 3,845 | 14.1053 EUR | ||||||
| ORD | Purchase | 4,171 | 14.3674 EUR | ||||||
| ORD | Purchase | 5,107 | 13.9194 EUR | ||||||
| ORD | Purchase | 5,137 | 14.0847 EUR | ||||||
| ORD | Purchase | 5,175 | 13.9522 EUR | ||||||
| ORD | Purchase | 5,326 | 14.0641 EUR | ||||||
| ORD | Purchase | 7,431 | 13.9210 EUR | ||||||
| ORD | Purchase | 8,118 | 13.8341 EUR | ||||||
| ORD | Purchase | 11,259 | 14.3614 EUR | ||||||
| ORD | Purchase | 14,166 | 13.9148 EUR | ||||||
| ORD | Purchase | 14,514 | 14.2264 EUR | ||||||
| ORD | Purchase | 18,058 | 13.8834 EUR | ||||||
| ORD | Purchase | 20,999 | 14.3528 EUR | ||||||
| ORD | Purchase | 23,310 | 13.9116 EUR | ||||||
| ORD | Purchase | 29,909 | 14.0560 EUR | ||||||
| ORD | Purchase | 34,305 | 13.9342 EUR | ||||||
| ORD | Purchase | 41,491 | 13.9819 EUR | ||||||
| ORD | Purchase | 121,698 | 14.1533 EUR | ||||||
| ORD | Purchase | 128,497 | 13.8363 EUR | ||||||
| ORD | Purchase | 160,881 | 13.9360 EUR | ||||||
| ORD | Sale | 48 | 14.1175 EUR | ||||||
| ORD | Sale | 96 | 14.4281 EUR | ||||||
| ORD | Sale | 134 | 13.9925 EUR | ||||||
| ORD | Sale | 150 | 13.8900 EUR | ||||||
| ORD | Sale | 172 | 14.3841 EUR | ||||||
| ORD | Sale | 187 | 13.9300 EUR | ||||||
| ORD | Sale | 190 | 13.9405 EUR | ||||||
| ORD | Sale | 205 | 13.9312 EUR | ||||||
| ORD | Sale | 238 | 13.9450 EUR | ||||||
| ORD | Sale | 240 | 14.0855 EUR | ||||||
| ORD | Sale | 285 | 13.8400 EUR | ||||||
| ORD | Sale | 292 | 13.9050 EUR | ||||||
| ORD | Sale | 324 | 13.8550 EUR | ||||||
| ORD | Sale | 456 | 13.9200 EUR | ||||||
| ORD | Sale | 566 | 14.0268 EUR | ||||||
| ORD | Sale | 615 | 13.9750 EUR | ||||||
| ORD | Sale | 642 | 14.0879 EUR | ||||||
| ORD | Sale | 665 | 13.8600 EUR | ||||||
| ORD | Sale | 676 | 14.0100 EUR | ||||||
| ORD | Sale | 1,037 | 13.9150 EUR | ||||||
| ORD | Sale | 1,242 | 14.0000 EUR | ||||||
| ORD | Sale | 2,950 | 14.2811 EUR | ||||||
| ORD | Sale | 3,217 | 13.9100 EUR | ||||||
| ORD | Sale | 4,598 | 13.9047 EUR | ||||||
| ORD | Sale | 5,550 | 13.9166 EUR | ||||||
| ORD | Sale | 7,013 | 14.3679 EUR | ||||||
| ORD | Sale | 7,130 | 13.9448 EUR | ||||||
| ORD | Sale | 9,300 | 13.9356 EUR | ||||||
| ORD | Sale | 10,794 | 14.1342 EUR | ||||||
| ORD | Sale | 34,045 | 14.1573 EUR | ||||||
| ORD | Sale | 35,503 | 13.9900 EUR | ||||||
| ORD | Sale | 67,830 | 14.0924 EUR | ||||||
| ORD | Sale | 82,703 | 14.4735 EUR | ||||||
| ORD | Sale | 255,361 | 14.0355 EUR | ||||||
| ORD | Sale | 287,677 | 14.0354 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 | 4,598 | 13.9047 EUR | |||||
| ORD | CFD | Short | 143 | 13.9361 EUR | |||||
| ORD | SWAP | Short | 1,251 | 13.9022 EUR | |||||
| ORD | SWAP | Short | 2,070 | 13.8949 EUR | |||||
| ORD | CFD | Short | 34,305 | 13.9342 EUR | |||||
| ORD | SWAP | Short | 39,091 | 13.8840 EUR | |||||
| ORD | CFD | Short | 160,881 | 13.9360 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: | 12 DEC 2014 | |
| Contact name: | Sushil Vashisht | |
| Telephone number: | 020 7773 0744 |
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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