30th Jun 2008 13:50
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS
BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
(Rule 38.5(b) of the Takeover Code)
1. KEY INFORMATION
|
Name of exempt principal trader |
The Royal Bank of Scotland plc (a wholly-owned subsidiary of The Royal Bank of Scotland Group plc) |
|
Company dealt in |
BHP Billiton plc |
|
Class of relevant security to which the dealings being disclosed relate (Note 1) |
ORD USD 0.50 |
|
Date of dealing |
27 June 2008 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)
|
Long |
Short |
|
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
445,807 (0.0202) |
608,814 (0.0276) |
|
(2) Derivatives (other than options) |
|
|
|
(3) Options and agreements to purchase/sell |
0 (0.0) |
380,000 (0.0172) |
|
Total |
445,807 (0.0202) |
988,814 (0.0448) |
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)
|
Class of relevant security: |
Long |
Short |
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
||
|
(2) Derivatives (other than options) |
||
|
(3) Options and agreements to purchase/sell |
||
|
Total |
Rights to subscribe (Note 2)
|
Class of relevant security: |
Details |
3. DEALINGS (Note 3)
(a) Purchases and sales
|
Purchase/sale |
Number of securities |
Price per unit (Note 4) |
|
Purchase Purchase Purchase Purchase |
3,000 517,800 195,984 1,232 |
18.7500 GBP 18.4298 GBP 18.7500 GBP 18.7500 GBP |
(b) Derivatives transactions (other than options)
|
Product name, e.g. CFD |
Long/short (Note 5) |
Number of securities (Note 6) |
Price per unit (Note 4) |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
|
Product name, e.g. call option |
Writing, selling, purchasing, varying etc. |
Number of securities to which the option relates (Note 6) |
Exercise price |
Type, e.g. American, European etc. |
Expiry date |
Option money paid/received per unit (Note 4) |
(ii) Exercising
|
Product name, e.g. call option |
Number of securities |
Exercise price per unit (Note 4) |
(d) Other dealings (including new securities) (Note 3)
|
Nature of transaction (Note 7) |
Details |
Price per unit (if applicable) (Note 4) |
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
|
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
|
NONE |
Is a Supplemental Form 38.5(b) attached? (Note 8) YES/NO
|
Date of disclosure |
30 June 2008 |
|
Contact name |
Richard Hopkins |
|
Telephone number |
(020) 7714 4459 |
|
Name of offeree/offeror with which connected |
Rio Tinto plc |
|
Nature of connection (Note 9) |
ABN-AMRO is acting as defence adviser to Rio Tinto plc regarding the unsolicited offer from BHP Billiton plc. ABN-AMRO is a subsidiary of RFS Holdings N.V. in which the Royal Bank of Scotland Group plc have a 38.3% interest. |
SUPPLEMENTAL FORM 8
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 38.5 (a) or Form 38.5 (b), as appropriate)
OPEN POSITIONS (Note 1)
|
Product name, e.g. call option |
Written or purchased |
Number of securities to which the option or derivative relates |
Exercise price (Note 2) |
Type, e.g. American, European etc. |
Expiry date |
|
Dec 2010 Call Option |
Written |
100,000 |
16.3500 GBP |
American |
17 Dec 2010 |
|
Dec 2010 Put Option |
Written |
100,000 |
16.3500 GBP |
American |
17 Dec 2010 |
|
Dec 2009 Put Option |
Written |
180,000 |
18.0000 GBP |
American |
18 Dec 2009 |
Related Shares:
RBS.LBHP Group