16 Mar 2018 17:31
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: | BlueCrest Capital Management Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
N/A |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Lonmin plc |
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure | 14 March 2018 (in addition, BlueCrest has dealt on previous dates during the offer period as set out below) |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES, Sibanye Gold Limited (trading as Sibanye-Stillwater)
|
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:
| USD 0.0001 ordinary | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 0 | 0 | 0 | 0 |
(2) Cash-settled derivatives:
| 0 | 0 | 1,420,978 | 0.50% |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0 | 0 | 0 |
TOTAL: |
0 |
0 |
1,420,978 |
0.50% |
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 security | Purchase/sale
| Number of securities | Price per unit |
|
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
USD 0.0001 ordinary | CFD | Increasing a short position | 932 | 0.6375 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: | 16/03/2018 |
| Contact name: | Robert Heaselgrave |
| Telephone number: | 0044 (0) 1534 843 815 |
In addition to the trade for 14th March 2018, please see below table for additional undisclosed trades during the offer period.
Cash-settled derivative transactions
Trade date | Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
14/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 104,117 | 0.7469 GBP |
14/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 104,117 | 0.7769 GBP |
14/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 104,117 | 0.7490 GBP |
14/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 49,649 | 0.7615 GBP |
14/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 27,314 | 0.7517 GBP |
15/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 119,573 | 0.7891GBP |
15/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 39,014 | 0.7894GBP |
15/12/2017 | USD 0.0001 ordinary | CFD | Reducing a long position | 26,997 | 0.8250 GBP |
18/12/2017 | USD 0.0001 ordinary | CFD | Closing a long position | 547 | 0.8050 GBP |
08/01/2018 | USD 0.0001 ordinary | CFD | Increasing a long position | 2,622 | 0.8325 GBP |
09/01/2018 | USD 0.0001 ordinary | CFD | Increasing a long position | 4,786 | 0.8705 GBP |
12/01/2018 | USD 0.0001 ordinary | CFD | Closing a long position | 21,260 | 0.8795 GBP |
19/01/2018 | USD 0.0001 ordinary | CFD | Opening a short position | 69,870 | 0.8608 GBP |
22/01/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 176,230 | 0.8543 GBP |
22/01/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 1,578 | 0.8612 GBP |
31/01/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 61,131 | 0.7297 GBP |
01/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 971 | 0.7486 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 21,495 | 0.6917 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 24,556 | 0.6903 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 17,777 | 0.6909 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 2,216 | 0.6912 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 11,333 | 0.6902 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 1,533 | 0.6905 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 218,336 | 0.6852 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 37,010 | 0.6866 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 100,000 | 0.6817 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 75,000 | 0.6829 GBP |
22/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 2,806 | 0.6790 GBP |
23/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 61,447 | 0.6703 GBP |
23/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 69,266 | 0.6701 GBP |
23/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 61,447 | 0.6465 GBP |
23/02/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 128,016 | 0.6494 GBP |
09/03/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 1,534 | 0.6665 GBP |
09/03/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 84,000 | 0.6571 GBP |
12/03/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 100,000 | 0.6600 GBP |
12/03/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 58,500 | 0.6506 GBP |
12/03/2018 | USD 0.0001 ordinary | CFD | Increasing a short position | 37,150 | 0.6520 GBP |
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.