16th Oct 2014 11:11
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 TRAVEL PLC | |||
| 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: | 15 October 2014 | |||
| (e) | Has the EPT previously disclosed, or is it | YES: | |||
| today disclosing, under the Code in respect | TUI AG | ||||
| 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: | 11,955,145 | 0.98% | 2,233,247 | 0.18% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 901,257 | 0.07% | 8,627,727 | 0.71% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 12,856,402 | 1.06% | 10,860,974 | 0.89% | |||||||
| Class of relevant security: | Convertible Bond XS0503743949 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 100,000 | 0.03% | 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: | 100,000 | 0.03% | 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 | ||||||
| Convertible Bond | Sale | 300,000 | 113.1250 GBP | ||||
| ORD | Purchase | 122 | 3.3710 GBP | ||||
| ORD | Purchase | 159 | 3.3610 GBP | ||||
| ORD | Purchase | 205 | 3.3740 GBP | ||||
| ORD | Purchase | 233 | 3.4780 GBP | ||||
| ORD | Purchase | 262 | 3.3985 GBP | ||||
| ORD | Purchase | 296 | 3.4440 GBP | ||||
| ORD | Purchase | 300 | 3.4330 GBP | ||||
| ORD | Purchase | 300 | 3.4490 GBP | ||||
| ORD | Purchase | 339 | 3.4081 GBP | ||||
| ORD | Purchase | 383 | 3.3650 GBP | ||||
| ORD | Purchase | 401 | 3.4370 GBP | ||||
| ORD | Purchase | 511 | 3.3965 GBP | ||||
| ORD | Purchase | 600 | 3.3250 GBP | ||||
| ORD | Purchase | 628 | 3.4450 GBP | ||||
| ORD | Purchase | 815 | 3.3871 GBP | ||||
| ORD | Purchase | 881 | 3.3980 GBP | ||||
| ORD | Purchase | 881 | 3.4240 GBP | ||||
| ORD | Purchase | 895 | 3.4280 GBP | ||||
| ORD | Purchase | 902 | 3.4110 GBP | ||||
| ORD | Purchase | 937 | 3.4060 GBP | ||||
| ORD | Purchase | 958 | 3.3930 GBP | ||||
| ORD | Purchase | 999 | 3.4170 GBP | ||||
| ORD | Purchase | 1,081 | 3.4130 GBP | ||||
| ORD | Purchase | 1,150 | 3.3940 GBP | ||||
| ORD | Purchase | 1,207 | 3.4070 GBP | ||||
| ORD | Purchase | 1,299 | 3.4235 GBP | ||||
| ORD | Purchase | 1,334 | 3.4290 GBP | ||||
| ORD | Purchase | 1,347 | 3.3910 GBP | ||||
| ORD | Purchase | 1,364 | 3.4120 GBP | ||||
| ORD | Purchase | 1,719 | 3.4100 GBP | ||||
| ORD | Purchase | 1,753 | 3.4000 GBP | ||||
| ORD | Purchase | 2,174 | 3.4270 GBP | ||||
| ORD | Purchase | 2,423 | 3.3960 GBP | ||||
| ORD | Purchase | 2,525 | 3.4090 GBP | ||||
| ORD | Purchase | 2,630 | 3.4080 GBP | ||||
| ORD | Purchase | 2,995 | 3.4160 GBP | ||||
| ORD | Purchase | 3,557 | 3.4180 GBP | ||||
| ORD | Purchase | 3,670 | 3.4117 GBP | ||||
| ORD | Purchase | 3,713 | 3.3990 GBP | ||||
| ORD | Purchase | 3,808 | 3.4220 GBP | ||||
| ORD | Purchase | 3,891 | 3.4150 GBP | ||||
| ORD | Purchase | 4,321 | 3.3970 GBP | ||||
| ORD | Purchase | 5,988 | 3.4190 GBP | ||||
| ORD | Purchase | 6,088 | 3.4250 GBP | ||||
| ORD | Purchase | 6,911 | 3.4225 GBP | ||||
| ORD | Purchase | 6,948 | 3.3597 GBP | ||||
| ORD | Purchase | 7,197 | 3.3050 GBP | ||||
| ORD | Purchase | 7,511 | 3.4260 GBP | ||||
| ORD | Purchase | 10,303 | 3.3805 GBP | ||||
| ORD | Purchase | 12,267 | 3.4099 GBP | ||||
| ORD | Purchase | 12,710 | 3.4091 GBP | ||||
| ORD | Purchase | 15,897 | 3.4386 GBP | ||||
| ORD | Purchase | 18,480 | 3.3441 GBP | ||||
| ORD | Purchase | 19,842 | 3.3280 GBP | ||||
| ORD | Purchase | 63,431 | 3.3885 GBP | ||||
| ORD | Purchase | 80,553 | 3.3583 GBP | ||||
| ORD | Purchase | 1,307 | 3.3830 GBP | ||||
| ORD | Purchase | 194,555 | 3.3884 GBP | ||||
| ORD | Sale | 149 | 3.4120 GBP | ||||
| ORD | Sale | 159 | 3.3610 GBP | ||||
| ORD | Sale | 205 | 3.3740 GBP | ||||
| ORD | Sale | 233 | 3.4780 GBP | ||||
| ORD | Sale | 296 | 3.4440 GBP | ||||
| ORD | Sale | 300 | 3.4330 GBP | ||||
| ORD | Sale | 300 | 3.4490 GBP | ||||
| ORD | Sale | 339 | 3.4081 GBP | ||||
| ORD | Sale | 383 | 3.3650 GBP | ||||
| ORD | Sale | 401 | 3.4370 GBP | ||||
| ORD | Sale | 478 | 3.4290 GBP | ||||
| ORD | Sale | 511 | 3.3965 GBP | ||||
| ORD | Sale | 618 | 3.4000 GBP | ||||
| ORD | Sale | 625 | 3.4240 GBP | ||||
| ORD | Sale | 628 | 3.4450 GBP | ||||
| ORD | Sale | 741 | 3.3990 GBP | ||||
| ORD | Sale | 958 | 3.3930 GBP | ||||
| ORD | Sale | 989 | 3.4220 GBP | ||||
| ORD | Sale | 999 | 3.4170 GBP | ||||
| ORD | Sale | 1,142 | 3.4080 GBP | ||||
| ORD | Sale | 1,181 | 3.4190 GBP | ||||
| ORD | Sale | 1,261 | 3.4250 GBP | ||||
| ORD | Sale | 1,263 | 3.3819 GBP | ||||
| ORD | Sale | 1,479 | 3.4090 GBP | ||||
| ORD | Sale | 1,654 | 3.4260 GBP | ||||
| ORD | Sale | 2,003 | 3.4256 GBP | ||||
| ORD | Sale | 2,676 | 3.4180 GBP | ||||
| ORD | Sale | 2,717 | 3.4505 GBP | ||||
| ORD | Sale | 2,820 | 3.3970 GBP | ||||
| ORD | Sale | 2,947 | 3.4150 GBP | ||||
| ORD | Sale | 3,373 | 3.4725 GBP | ||||
| ORD | Sale | 4,544 | 3.4627 GBP | ||||
| ORD | Sale | 10,868 | 3.3693 GBP | ||||
| ORD | Sale | 21,701 | 3.4213 GBP | ||||
| ORD | Sale | 51,822 | 3.4536 GBP | ||||
| ORD | Sale | 53,750 | 3.3050 GBP | ||||
| ORD | Sale | 57,570 | 3.3926 GBP | ||||
| ORD | Sale | 116,876 | 3.3859 GBP | ||||
| ORD | Sale | 125,759 | 3.4298 GBP | ||||
| ORD | Sale | 150,000 | 3.3276 GBP | ||||
| ORD | Sale | 162,381 | 3.3857 GBP |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | CFD | Long | 3,373 | 3.4725 GBP | |||||
| ORD | CFD | Long | 39,904 | 3.4045 GBP | |||||
| ORD | CFD | Long | 51,822 | 3.4536 GBP | |||||
| ORD | CFD | Long | 107,620 | 3.4471 GBP | |||||
| ORD | SWAP | Short | 2,741 | 3.3803 GBP | |||||
| ORD | CFD | Short | 10,303 | 3.3805 GBP | |||||
| ORD | SWAP | Short | 15,897 | 3.4385 GBP | |||||
| ORD | CFD | Short | 25,550 | 3.3489 GBP |
(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: | 16 Oct 2014 | ||
| Contact name: | Rajesh Muthanna | ||
| Telephone number: | 020 3555 4634 |
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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