16th Sep 2014 11:10
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 September 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: | 11,949,877 | 1.05% | 3,628,630 | 0.32% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 941,598 | 0.08% | 8,523,837 | 0.75% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 12,891,475 | 1.14% | 12,152,467 | 1.07% | |||||||
| Class of relevant security: | Convertible Bond XS0503743949 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 3,500,000 | 0.88% | 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: | 3,500,000 | 0.88% | 0 | 0.00% | |||||||
| Class of relevant security: | Convertible Bond XS0455660216 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 4,800,000 | 1.63% | 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: | 4,800,000 | 1.63% | 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 | 212 | 3.6675 GBP | ||||
| ORD | Purchase | 270 | 3.6500 GBP | ||||
| ORD | Purchase | 270 | 3.6515 GBP | ||||
| ORD | Purchase | 270 | 3.6530 GBP | ||||
| ORD | Purchase | 270 | 3.6664 GBP | ||||
| ORD | Purchase | 270 | 3.6674 GBP | ||||
| ORD | Purchase | 325 | 3.6540 GBP | ||||
| ORD | Purchase | 325 | 3.6565 GBP | ||||
| ORD | Purchase | 325 | 3.6574 GBP | ||||
| ORD | Purchase | 406 | 3.6645 GBP | ||||
| ORD | Purchase | 406 | 3.6684 GBP | ||||
| ORD | Purchase | 406 | 3.6689 GBP | ||||
| ORD | Purchase | 406 | 3.6704 GBP | ||||
| ORD | Purchase | 633 | 3.6710 GBP | ||||
| ORD | Purchase | 676 | 3.6640 GBP | ||||
| ORD | Purchase | 676 | 3.6655 GBP | ||||
| ORD | Purchase | 840 | 3.6593 GBP | ||||
| ORD | Purchase | 899 | 3.6550 GBP | ||||
| ORD | Purchase | 1,060 | 3.6650 GBP | ||||
| ORD | Purchase | 1,230 | 3.6630 GBP | ||||
| ORD | Purchase | 1,287 | 3.6695 GBP | ||||
| ORD | Purchase | 1,504 | 3.6699 GBP | ||||
| ORD | Purchase | 1,567 | 3.6725 GBP | ||||
| ORD | Purchase | 2,549 | 3.6660 GBP | ||||
| ORD | Purchase | 2,604 | 3.6670 GBP | ||||
| ORD | Purchase | 2,708 | 3.6680 GBP | ||||
| ORD | Purchase | 2,710 | 3.6700 GBP | ||||
| ORD | Purchase | 2,824 | 3.6688 GBP | ||||
| ORD | Purchase | 3,758 | 3.6610 GBP | ||||
| ORD | Purchase | 6,116 | 3.6632 GBP | ||||
| ORD | Purchase | 8,199 | 3.6653 GBP | ||||
| ORD | Purchase | 8,553 | 3.6690 GBP | ||||
| ORD | Purchase | 13,589 | 3.6577 GBP | ||||
| ORD | Purchase | 16,040 | 3.6613 GBP | ||||
| ORD | Purchase | 19,310 | 3.6598 GBP | ||||
| ORD | Purchase | 35,313 | 3.6601 GBP | ||||
| ORD | Purchase | 51,374 | 3.6573 GBP | ||||
| ORD | Purchase | 62,890 | 3.6677 GBP | ||||
| ORD | Purchase | 168,283 | 3.6638 GBP | ||||
| ORD | Purchase | 200,406 | 3.6694 GBP | ||||
| ORD | Sale | 19 | 3.6683 GBP | ||||
| ORD | Sale | 204 | 3.6678 GBP | ||||
| ORD | Sale | 270 | 3.6515 GBP | ||||
| ORD | Sale | 270 | 3.6664 GBP | ||||
| ORD | Sale | 270 | 3.6674 GBP | ||||
| ORD | Sale | 325 | 3.6565 GBP | ||||
| ORD | Sale | 325 | 3.6574 GBP | ||||
| ORD | Sale | 338 | 3.6555 GBP | ||||
| ORD | Sale | 406 | 3.6645 GBP | ||||
| ORD | Sale | 406 | 3.6684 GBP | ||||
| ORD | Sale | 406 | 3.6689 GBP | ||||
| ORD | Sale | 406 | 3.6694 GBP | ||||
| ORD | Sale | 406 | 3.6704 GBP | ||||
| ORD | Sale | 460 | 3.6450 GBP | ||||
| ORD | Sale | 676 | 3.6655 GBP | ||||
| ORD | Sale | 1,287 | 3.6695 GBP | ||||
| ORD | Sale | 1,504 | 3.6699 GBP | ||||
| ORD | Sale | 1,686 | 3.6646 GBP | ||||
| ORD | Sale | 2,005 | 3.6590 GBP | ||||
| ORD | Sale | 2,043 | 3.6675 GBP | ||||
| ORD | Sale | 2,116 | 3.6480 GBP | ||||
| ORD | Sale | 2,265 | 3.6688 GBP | ||||
| ORD | Sale | 2,643 | 3.6559 GBP | ||||
| ORD | Sale | 2,945 | 3.6620 GBP | ||||
| ORD | Sale | 3,010 | 3.6490 GBP | ||||
| ORD | Sale | 3,331 | 3.6663 GBP | ||||
| ORD | Sale | 4,937 | 3.6547 GBP | ||||
| ORD | Sale | 5,315 | 3.6510 GBP | ||||
| ORD | Sale | 6,704 | 3.6580 GBP | ||||
| ORD | Sale | 7,298 | 3.6710 GBP | ||||
| ORD | Sale | 10,859 | 3.6550 GBP | ||||
| ORD | Sale | 11,121 | 3.6530 GBP | ||||
| ORD | Sale | 11,476 | 3.6633 GBP | ||||
| ORD | Sale | 13,156 | 3.6560 GBP | ||||
| ORD | Sale | 15,113 | 3.6500 GBP | ||||
| ORD | Sale | 18,018 | 3.6670 GBP | ||||
| ORD | Sale | 18,529 | 3.6520 GBP | ||||
| ORD | Sale | 20,154 | 3.6650 GBP | ||||
| ORD | Sale | 20,810 | 3.6680 GBP | ||||
| ORD | Sale | 21,383 | 3.6660 GBP | ||||
| ORD | Sale | 24,346 | 3.6630 GBP | ||||
| ORD | Sale | 25,429 | 3.6640 GBP | ||||
| ORD | Sale | 30,202 | 3.6667 GBP | ||||
| ORD | Sale | 37,056 | 3.6700 GBP | ||||
| ORD | Sale | 42,778 | 3.6540 GBP | ||||
| ORD | Sale | 43,008 | 3.6543 GBP | ||||
| ORD | Sale | 69,712 | 3.6595 GBP | ||||
| ORD | Sale | 108,253 | 3.6690 GBP |
(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 | 19,700 | 3.6616 GBP | |||||
| ORD | CFD | Long | 19,749 | 3.6536 GBP | |||||
| ORD | SWAP | Short | 1,567 | 3.6725 GBP | |||||
| ORD | CFD | Short | 3,758 | 3.6610 GBP | |||||
| ORD | CFD | Short | 6,116 | 3.6632 GBP | |||||
| ORD | CFD | Short | 7,338 | 3.6563 GBP | |||||
| ORD | CFD | Short | 8,702 | 3.6656 GBP | |||||
| ORD | CFD | Short | 8,710 | 3.6598 GBP | |||||
| ORD | CFD | Short | 71,989 | 3.6680 GBP | |||||
| ORD | CFD | Short | 168,283 | 3.6638 GBP | |||||
| ORD | CFD | Short | 200,000 | 3.6694 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 Sep 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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