Last checked at 21 Jun 2018 12:44
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| (a) | Full name of discloser: | Barclays PLC. | |||
| (b) | Owner or controller of interest and short | ||||
| positions disclosed, if different from 1(a): | |||||
| (c) | Name of offeror/offeree in relation to whose | IWG PLC | |||
| relevant securities this form relates: | |||||
| (d) | If an exempt fund manager connected with an | ||||
| offeror/offeree, state this and specify identity of | |||||
| offeror/offeree: | |||||
| (e) | Date position held/dealing undertaken: | 20 June 2018 | |||
| (f) | In addition to the company in 1(c) above, is the discloser making | NO | |||
| disclosures in respect of any other party to the offer? |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: | 1p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 13,942,688 | 1.53% | 5,137,204 | 0.56% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 4,189,503 | 0.46% | 13,369,390 | 1.47% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 18,132,191 | 1.99% | 18,506,594 | 2.03% | |||||||
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), 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 employee options)
| Class of relevant security in relation to which subscription right exists: | |
| Details, including nature of the rights concerned and relevant percentages: |
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security | securities | ||||||
| 1p ordinary | Purchase | 238 | 3.1580 GBP | ||||
| 1p ordinary | Purchase | 246 | 3.1500 GBP | ||||
| 1p ordinary | Purchase | 636 | 3.1614 GBP | ||||
| 1p ordinary | Purchase | 1,459 | 3.1540 GBP | ||||
| 1p ordinary | Purchase | 1,762 | 3.1350 GBP | ||||
| 1p ordinary | Purchase | 3,073 | 3.1633 GBP | ||||
| 1p ordinary | Purchase | 3,498 | 3.1631 GBP | ||||
| 1p ordinary | Purchase | 8,147 | 3.1548 GBP | ||||
| 1p ordinary | Purchase | 16,952 | 3.1560 GBP | ||||
| 1p ordinary | Purchase | 19,170 | 3.1550 GBP | ||||
| 1p ordinary | Purchase | 39,611 | 3.1573 GBP | ||||
| 1p ordinary | Purchase | 112,947 | 3.1551 GBP | ||||
| 1p ordinary | Sale | 14 | 3.1670 GBP | ||||
| 1p ordinary | Sale | 238 | 3.1588 GBP | ||||
| 1p ordinary | Sale | 415 | 3.1517 GBP | ||||
| 1p ordinary | Sale | 482 | 3.1677 GBP | ||||
| 1p ordinary | Sale | 1,927 | 3.1420 GBP | ||||
| 1p ordinary | Sale | 2,998 | 3.1641 GBP | ||||
| 1p ordinary | Sale | 3,046 | 3.1659 GBP | ||||
| 1p ordinary | Sale | 3,187 | 3.1621 GBP | ||||
| 1p ordinary | Sale | 3,800 | 3.1516 GBP | ||||
| 1p ordinary | Sale | 6,224 | 3.1576 GBP | ||||
| 1p ordinary | Sale | 7,700 | 3.1578 GBP | ||||
| 1p ordinary | Sale | 8,553 | 3.1555 GBP | ||||
| 1p ordinary | Sale | 17,844 | 3.1550 GBP | ||||
| 1p ordinary | Sale | 30,673 | 3.1653 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 1p ordinary | SWAP | Long | 100 | 3.1620 GBP | |||||
| 1p ordinary | SWAP | Long | 199 | 3.1569 GBP | |||||
| 1p ordinary | CFD | Long | 238 | 3.1588 GBP | |||||
| 1p ordinary | SWAP | Long | 821 | 3.1587 GBP | |||||
| 1p ordinary | CFD | Long | 1,927 | 3.1420 GBP | |||||
| 1p ordinary | SWAP | Long | 2,218 | 3.1739 GBP | |||||
| 1p ordinary | CFD | Long | 3,187 | 3.1621 GBP | |||||
| 1p ordinary | CFD | Long | 3,800 | 3.1516 GBP | |||||
| 1p ordinary | SWAP | Long | 5,275 | 3.1550 GBP | |||||
| 1p ordinary | CFD | Long | 6,224 | 3.1576 GBP | |||||
| 1p ordinary | SWAP | Long | 12,882 | 3.1651 GBP | |||||
| 1p ordinary | SWAP | Long | 13,740 | 3.1682 GBP | |||||
| 1p ordinary | SWAP | Short | 180 | 3.1570 GBP | |||||
| 1p ordinary | CFD | Short | 238 | 3.1580 GBP | |||||
| 1p ordinary | SWAP | Short | 300 | 3.1637 GBP | |||||
| 1p ordinary | SWAP | Short | 1,300 | 3.1650 GBP | |||||
| 1p ordinary | CFD | Short | 1,332 | 3.1704 GBP | |||||
| 1p ordinary | CFD | Short | 1,773 | 3.1353 GBP | |||||
| 1p ordinary | CFD | Short | 3,073 | 3.1633 GBP | |||||
| 1p ordinary | SWAP | Short | 3,134 | 3.1582 GBP | |||||
| 1p ordinary | SWAP | Short | 10,714 | 3.1552 GBP | |||||
| 1p ordinary | SWAP | Short | 15,921 | 3.1524 GBP | |||||
| 1p ordinary | SWAP | Short | 19,170 | 3.1550 GBP | |||||
| 1p ordinary | SWAP | Short | 38,597 | 3.1534 GBP | |||||
| 1p ordinary | SWAP | Short | 96,556 | 3.1568 GBP |
(c) Stock-settled derivative transactions (including options)
(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) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | 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) |
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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. 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 person 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: | 21 Jun 2018 | |
| Contact name: | Femi Badmos | |
| Telephone number: | 020 3555 1125 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
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