10th Dec 2014 11:25
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: | 9 December 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: | 10,390,801 | 0.85% | 1,354,341 | 0.11% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 116,323 | 0.01% | 8,009,430 | 0.66% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 10,507,124 | 0.86% | 9,363,771 | 0.77% | |||||||
| 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 | 0.30% | 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 | 81 | 4.4645 GBP | ||||
| ORD | Purchase | 169 | 4.4447 GBP | ||||
| ORD | Purchase | 170 | 4.4730 GBP | ||||
| ORD | Purchase | 194 | 4.4030 GBP | ||||
| ORD | Purchase | 196 | 4.4615 GBP | ||||
| ORD | Purchase | 269 | 4.4647 GBP | ||||
| ORD | Purchase | 280 | 4.4355 GBP | ||||
| ORD | Purchase | 280 | 4.4521 GBP | ||||
| ORD | Purchase | 280 | 4.4560 GBP | ||||
| ORD | Purchase | 280 | 4.4581 GBP | ||||
| ORD | Purchase | 280 | 4.4605 GBP | ||||
| ORD | Purchase | 385 | 4.4637 GBP | ||||
| ORD | Purchase | 398 | 4.4625 GBP | ||||
| ORD | Purchase | 463 | 4.4585 GBP | ||||
| ORD | Purchase | 467 | 4.4595 GBP | ||||
| ORD | Purchase | 467 | 4.4635 GBP | ||||
| ORD | Purchase | 684 | 4.4280 GBP | ||||
| ORD | Purchase | 685 | 4.4392 GBP | ||||
| ORD | Purchase | 779 | 4.4210 GBP | ||||
| ORD | Purchase | 797 | 4.4690 GBP | ||||
| ORD | Purchase | 855 | 4.4200 GBP | ||||
| ORD | Purchase | 870 | 4.4190 GBP | ||||
| ORD | Purchase | 897 | 4.4240 GBP | ||||
| ORD | Purchase | 906 | 4.4270 GBP | ||||
| ORD | Purchase | 1,055 | 4.4710 GBP | ||||
| ORD | Purchase | 1,137 | 4.4370 GBP | ||||
| ORD | Purchase | 1,230 | 4.4400 GBP | ||||
| ORD | Purchase | 1,411 | 4.4369 GBP | ||||
| ORD | Purchase | 1,418 | 4.4720 GBP | ||||
| ORD | Purchase | 1,453 | 4.4540 GBP | ||||
| ORD | Purchase | 1,473 | 4.4450 GBP | ||||
| ORD | Purchase | 1,498 | 4.4420 GBP | ||||
| ORD | Purchase | 1,852 | 4.4700 GBP | ||||
| ORD | Purchase | 1,999 | 4.4580 GBP | ||||
| ORD | Purchase | 2,054 | 4.4360 GBP | ||||
| ORD | Purchase | 2,119 | 4.4220 GBP | ||||
| ORD | Purchase | 2,493 | 4.4440 GBP | ||||
| ORD | Purchase | 2,576 | 4.4310 GBP | ||||
| ORD | Purchase | 2,646 | 4.4430 GBP | ||||
| ORD | Purchase | 2,845 | 4.4480 GBP | ||||
| ORD | Purchase | 2,848 | 4.4460 GBP | ||||
| ORD | Purchase | 3,486 | 4.4470 GBP | ||||
| ORD | Purchase | 3,583 | 4.4660 GBP | ||||
| ORD | Purchase | 3,683 | 4.4510 GBP | ||||
| ORD | Purchase | 3,788 | 4.4340 GBP | ||||
| ORD | Purchase | 3,849 | 4.4520 GBP | ||||
| ORD | Purchase | 3,935 | 4.4490 GBP | ||||
| ORD | Purchase | 4,325 | 4.4570 GBP | ||||
| ORD | Purchase | 4,563 | 4.4230 GBP | ||||
| ORD | Purchase | 4,734 | 4.4290 GBP | ||||
| ORD | Purchase | 5,834 | 4.4630 GBP | ||||
| ORD | Purchase | 6,327 | 4.4640 GBP | ||||
| ORD | Purchase | 6,641 | 4.4650 GBP | ||||
| ORD | Purchase | 7,349 | 4.4448 GBP | ||||
| ORD | Purchase | 7,521 | 4.4350 GBP | ||||
| ORD | Purchase | 7,600 | 4.4500 GBP | ||||
| ORD | Purchase | 9,201 | 4.4620 GBP | ||||
| ORD | Purchase | 9,225 | 4.4550 GBP | ||||
| ORD | Purchase | 9,555 | 4.4600 GBP | ||||
| ORD | Purchase | 10,827 | 4.4590 GBP | ||||
| ORD | Purchase | 12,528 | 4.4610 GBP | ||||
| ORD | Purchase | 19,301 | 4.4530 GBP | ||||
| ORD | Purchase | 34,412 | 4.4320 GBP | ||||
| ORD | Purchase | 45,242 | 4.4379 GBP | ||||
| ORD | Purchase | 74,960 | 4.4401 GBP | ||||
| ORD | Purchase | 118,310 | 4.4421 GBP | ||||
| ORD | Purchase | 305,008 | 4.4708 GBP | ||||
| ORD | Sale | 119 | 4.4630 GBP | ||||
| ORD | Sale | 170 | 4.4730 GBP | ||||
| ORD | Sale | 194 | 4.4030 GBP | ||||
| ORD | Sale | 217 | 4.4290 GBP | ||||
| ORD | Sale | 280 | 4.4355 GBP | ||||
| ORD | Sale | 280 | 4.4520 GBP | ||||
| ORD | Sale | 280 | 4.4521 GBP | ||||
| ORD | Sale | 280 | 4.4560 GBP | ||||
| ORD | Sale | 280 | 4.4581 GBP | ||||
| ORD | Sale | 280 | 4.4605 GBP | ||||
| ORD | Sale | 314 | 4.4700 GBP | ||||
| ORD | Sale | 335 | 4.4650 GBP | ||||
| ORD | Sale | 461 | 4.4360 GBP | ||||
| ORD | Sale | 463 | 4.4585 GBP | ||||
| ORD | Sale | 467 | 4.4595 GBP | ||||
| ORD | Sale | 467 | 4.4635 GBP | ||||
| ORD | Sale | 467 | 4.4720 GBP | ||||
| ORD | Sale | 685 | 4.4392 GBP | ||||
| ORD | Sale | 685 | 4.4500 GBP | ||||
| ORD | Sale | 982 | 4.4370 GBP | ||||
| ORD | Sale | 994 | 4.4420 GBP | ||||
| ORD | Sale | 1,127 | 4.4530 GBP | ||||
| ORD | Sale | 1,185 | 4.4620 GBP | ||||
| ORD | Sale | 1,199 | 4.4590 GBP | ||||
| ORD | Sale | 1,219 | 4.4640 GBP | ||||
| ORD | Sale | 1,371 | 4.4490 GBP | ||||
| ORD | Sale | 1,894 | 4.4310 GBP | ||||
| ORD | Sale | 2,019 | 4.4610 GBP | ||||
| ORD | Sale | 2,199 | 4.4600 GBP | ||||
| ORD | Sale | 2,848 | 4.4460 GBP | ||||
| ORD | Sale | 12,148 | 4.4320 GBP | ||||
| ORD | Sale | 21,869 | 4.4380 GBP | ||||
| ORD | Sale | 23,363 | 4.4430 GBP | ||||
| ORD | Sale | 24,978 | 4.4511 GBP | ||||
| ORD | Sale | 27,054 | 4.4646 GBP | ||||
| ORD | Sale | 85,327 | 4.4719 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 | 27,054 | 4.4646 GBP | |||||
| ORD | CFD | Long | 68,483 | 4.4439 GBP | |||||
| ORD | CFD | Long | 85,327 | 4.4719 GBP | |||||
| ORD | CFD | Short | 3,032 | 4.4571 GBP | |||||
| ORD | CFD | Short | 13,350 | 4.4421 GBP | |||||
| ORD | CFD | Short | 39,320 | 4.4422 GBP | |||||
| ORD | CFD | Short | 74,960 | 4.4400 GBP | |||||
| ORD | CFD | Short | 137,327 | 4.4393 GBP | |||||
| ORD | SWAP | Short | 305,008 | 4.4708 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: | 10 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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