9th Dec 2014 11:16
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: | 8 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: | 9,846,182 | 0.81% | 1,413,418 | 0.12% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 55,367 | 0.00% | 7,550,437 | 0.62% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 9,901,549 | 0.81% | 8,963,855 | 0.74% | |||||||
| Class of relevant security: | Convertible Bond XS0503743949 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 1,100,000 | 0.28% | 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: | 1,100,000 | 0.28% | 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 | Purchase | 1,000,000 | 130.0400 GBP | ||||
| ORD | Purchase | 26 | 4.5270 GBP | ||||
| ORD | Purchase | 32 | 4.5532 GBP | ||||
| ORD | Purchase | 121 | 4.5545 GBP | ||||
| ORD | Purchase | 334 | 4.5020 GBP | ||||
| ORD | Purchase | 429 | 4.5535 GBP | ||||
| ORD | Purchase | 434 | 4.5408 GBP | ||||
| ORD | Purchase | 449 | 4.5520 GBP | ||||
| ORD | Purchase | 451 | 4.5326 GBP | ||||
| ORD | Purchase | 486 | 4.5320 GBP | ||||
| ORD | Purchase | 501 | 4.5369 GBP | ||||
| ORD | Purchase | 501 | 4.5389 GBP | ||||
| ORD | Purchase | 501 | 4.5415 GBP | ||||
| ORD | Purchase | 532 | 4.5445 GBP | ||||
| ORD | Purchase | 564 | 4.5536 GBP | ||||
| ORD | Purchase | 564 | 4.5540 GBP | ||||
| ORD | Purchase | 685 | 4.5550 GBP | ||||
| ORD | Purchase | 695 | 4.5460 GBP | ||||
| ORD | Purchase | 752 | 4.5394 GBP | ||||
| ORD | Purchase | 902 | 4.5424 GBP | ||||
| ORD | Purchase | 1,052 | 4.5365 GBP | ||||
| ORD | Purchase | 1,109 | 4.5404 GBP | ||||
| ORD | Purchase | 1,202 | 4.5355 GBP | ||||
| ORD | Purchase | 1,212 | 4.5290 GBP | ||||
| ORD | Purchase | 1,386 | 4.5470 GBP | ||||
| ORD | Purchase | 1,482 | 4.5370 GBP | ||||
| ORD | Purchase | 1,504 | 4.5395 GBP | ||||
| ORD | Purchase | 2,266 | 4.5210 GBP | ||||
| ORD | Purchase | 2,327 | 4.5330 GBP | ||||
| ORD | Purchase | 2,373 | 4.5310 GBP | ||||
| ORD | Purchase | 2,388 | 4.5380 GBP | ||||
| ORD | Purchase | 2,463 | 4.5260 GBP | ||||
| ORD | Purchase | 2,463 | 4.5400 GBP | ||||
| ORD | Purchase | 2,811 | 4.5280 GBP | ||||
| ORD | Purchase | 2,824 | 4.5390 GBP | ||||
| ORD | Purchase | 2,890 | 4.5430 GBP | ||||
| ORD | Purchase | 3,010 | 4.5506 GBP | ||||
| ORD | Purchase | 3,109 | 4.5350 GBP | ||||
| ORD | Purchase | 3,676 | 4.5230 GBP | ||||
| ORD | Purchase | 3,800 | 4.5360 GBP | ||||
| ORD | Purchase | 5,008 | 4.5345 GBP | ||||
| ORD | Purchase | 5,164 | 4.5340 GBP | ||||
| ORD | Purchase | 5,180 | 4.5476 GBP | ||||
| ORD | Purchase | 6,053 | 4.5300 GBP | ||||
| ORD | Purchase | 6,790 | 4.5440 GBP | ||||
| ORD | Purchase | 6,832 | 4.5480 GBP | ||||
| ORD | Purchase | 6,861 | 4.5349 GBP | ||||
| ORD | Purchase | 8,614 | 4.5335 GBP | ||||
| ORD | Purchase | 11,266 | 4.5240 GBP | ||||
| ORD | Purchase | 12,023 | 4.5384 GBP | ||||
| ORD | Purchase | 12,250 | 4.5375 GBP | ||||
| ORD | Purchase | 13,321 | 4.5393 GBP | ||||
| ORD | Purchase | 16,757 | 4.5233 GBP | ||||
| ORD | Purchase | 19,540 | 4.5500 GBP | ||||
| ORD | Purchase | 20,094 | 4.5250 GBP | ||||
| ORD | Purchase | 23,562 | 4.5450 GBP | ||||
| ORD | Purchase | 28,220 | 4.5362 GBP | ||||
| ORD | Purchase | 40,607 | 4.5324 GBP | ||||
| ORD | Purchase | 75,362 | 4.5386 GBP | ||||
| ORD | Purchase | 86,967,049 | TRANSFER | ||||
| ORD | Sale | 32 | 4.5532 GBP | ||||
| ORD | Sale | 111 | 4.5250 GBP | ||||
| ORD | Sale | 183 | 4.5280 GBP | ||||
| ORD | Sale | 334 | 4.5020 GBP | ||||
| ORD | Sale | 334 | 4.5210 GBP | ||||
| ORD | Sale | 424 | 4.5520 GBP | ||||
| ORD | Sale | 425 | 4.5480 GBP | ||||
| ORD | Sale | 429 | 4.5535 GBP | ||||
| ORD | Sale | 434 | 4.5408 GBP | ||||
| ORD | Sale | 451 | 4.5326 GBP | ||||
| ORD | Sale | 482 | 4.5500 GBP | ||||
| ORD | Sale | 486 | 4.5320 GBP | ||||
| ORD | Sale | 501 | 4.5369 GBP | ||||
| ORD | Sale | 501 | 4.5389 GBP | ||||
| ORD | Sale | 501 | 4.5415 GBP | ||||
| ORD | Sale | 532 | 4.5445 GBP | ||||
| ORD | Sale | 538 | 4.5330 GBP | ||||
| ORD | Sale | 564 | 4.5536 GBP | ||||
| ORD | Sale | 564 | 4.5540 GBP | ||||
| ORD | Sale | 685 | 4.5375 GBP | ||||
| ORD | Sale | 685 | 4.5550 GBP | ||||
| ORD | Sale | 752 | 4.5394 GBP | ||||
| ORD | Sale | 902 | 4.5424 GBP | ||||
| ORD | Sale | 944 | 4.5300 GBP | ||||
| ORD | Sale | 950 | 4.5470 GBP | ||||
| ORD | Sale | 1,109 | 4.5404 GBP | ||||
| ORD | Sale | 1,202 | 4.5355 GBP | ||||
| ORD | Sale | 1,323 | 4.5340 GBP | ||||
| ORD | Sale | 1,407 | 4.5365 GBP | ||||
| ORD | Sale | 1,607 | 4.5450 GBP | ||||
| ORD | Sale | 1,608 | 4.5460 GBP | ||||
| ORD | Sale | 1,613 | 4.5260 GBP | ||||
| ORD | Sale | 1,917 | 4.5240 GBP | ||||
| ORD | Sale | 3,819 | 4.5310 GBP | ||||
| ORD | Sale | 4,464 | 4.5440 GBP | ||||
| ORD | Sale | 6,524 | 4.5430 GBP | ||||
| ORD | Sale | 8,248 | 4.5420 GBP | ||||
| ORD | Sale | 8,460 | 4.5410 GBP | ||||
| ORD | Sale | 10,804 | 4.5380 GBP | ||||
| ORD | Sale | 11,223 | 4.5400 GBP | ||||
| ORD | Sale | 13,378 | 4.5370 GBP | ||||
| ORD | Sale | 13,403 | 4.5360 GBP | ||||
| ORD | Sale | 16,244 | 4.5390 GBP | ||||
| ORD | Sale | 17,577 | 4.5383 GBP | ||||
| ORD | Sale | 20,129 | 4.5350 GBP | ||||
| ORD | Sale | 31,807 | 4.5403 GBP | ||||
| ORD | Sale | 42,938 | 4.5401 GBP | ||||
| ORD | Sale | 95,049 | 4.5395 GBP | ||||
| ORD | Sale | 207,278 | 4.5533 GBP | ||||
| ORD | Sale | 86,967,049 | TRANSFER |
(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 | 432 | 4.5340 GBP | |||||
| ORD | CFD | Long | 1,627 | 4.5015 GBP | |||||
| ORD | CFD | Long | 3,819 | 4.5304 GBP | |||||
| ORD | CFD | Long | 207,278 | 4.5533 GBP | |||||
| ORD | CFD | Short | 8,614 | 4.5335 GBP | |||||
| ORD | CFD | Short | 14,202 | 4.5490 GBP | |||||
| ORD | CFD | Short | 28,220 | 4.5362 GBP | |||||
| ORD | CFD | Short | 52,630 | 4.5337 GBP | |||||
| ORD | CFD | Short | 121,425 | 4.5369 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: | 9 Dec 2014 | ||
| Contact name: | Sushil Vashisht | ||
| Telephone number: | 020 773 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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