Last checked at 2 Mar 2018 12:14
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 | MELROSE INDUSTRIES 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: | 01 March 2018 | |||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||
| disclosures in respect of any other party to the offer? | GKN PLC | ||||
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: | 48/7p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 19,276,399 | 0.99% | 36,516,019 | 1.88% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 30,091,103 | 1.55% | 4,900,578 | 0.25% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 49,367,502 | 2.54% | 41,416,597 | 2.13% | |||||||
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 | ||||||
| 48/7p ordinary | Purchase | 109 | 2.2565 GBP | ||||
| 48/7p ordinary | Purchase | 281 | 2.2652 GBP | ||||
| 48/7p ordinary | Purchase | 326 | 2.2560 GBP | ||||
| 48/7p ordinary | Purchase | 328 | 2.2580 GBP | ||||
| 48/7p ordinary | Purchase | 470 | 2.2289 GBP | ||||
| 48/7p ordinary | Purchase | 939 | 2.2614 GBP | ||||
| 48/7p ordinary | Purchase | 1,227 | 2.2716 GBP | ||||
| 48/7p ordinary | Purchase | 1,279 | 2.2419 GBP | ||||
| 48/7p ordinary | Purchase | 2,214 | 2.2752 GBP | ||||
| 48/7p ordinary | Purchase | 2,356 | 2.2385 GBP | ||||
| 48/7p ordinary | Purchase | 2,756 | 2.2570 GBP | ||||
| 48/7p ordinary | Purchase | 3,326 | 2.2585 GBP | ||||
| 48/7p ordinary | Purchase | 3,665 | 2.2579 GBP | ||||
| 48/7p ordinary | Purchase | 6,004 | 2.2655 GBP | ||||
| 48/7p ordinary | Purchase | 6,260 | 2.2543 GBP | ||||
| 48/7p ordinary | Purchase | 10,812 | 2.2456 GBP | ||||
| 48/7p ordinary | Purchase | 19,877 | 2.2489 GBP | ||||
| 48/7p ordinary | Purchase | 76,519 | 2.2441 GBP | ||||
| 48/7p ordinary | Purchase | 97,459 | 2.2409 GBP | ||||
| 48/7p ordinary | Purchase | 99,764 | 2.2280 GBP | ||||
| 48/7p ordinary | Purchase | 231,570 | 2.2438 GBP | ||||
| 48/7p ordinary | Purchase | 418,646 | 2.2447 GBP | ||||
| 48/7p ordinary | Sale | 757 | 2.2317 GBP | ||||
| 48/7p ordinary | Sale | 1,343 | 2.2460 GBP | ||||
| 48/7p ordinary | Sale | 1,535 | 2.2564 GBP | ||||
| 48/7p ordinary | Sale | 2,165 | 2.2326 GBP | ||||
| 48/7p ordinary | Sale | 3,376 | 2.2281 GBP | ||||
| 48/7p ordinary | Sale | 4,453 | 2.2342 GBP | ||||
| 48/7p ordinary | Sale | 5,507 | 2.2507 GBP | ||||
| 48/7p ordinary | Sale | 9,153 | 2.2490 GBP | ||||
| 48/7p ordinary | Sale | 12,024 | 2.2337 GBP | ||||
| 48/7p ordinary | Sale | 29,748 | 2.2539 GBP | ||||
| 48/7p ordinary | Sale | 29,800 | 2.2348 GBP | ||||
| 48/7p ordinary | Sale | 47,251 | 2.2431 GBP | ||||
| 48/7p ordinary | Sale | 97,853 | 2.2503 GBP | ||||
| 48/7p ordinary | Sale | 134,421 | 2.2596 GBP | ||||
| 48/7p ordinary | Sale | 186,610 | 2.2557 GBP | ||||
| 48/7p ordinary | Sale | 256,273 | 2.2280 GBP | ||||
| 48/7p ordinary | Sale | 372,500 | 2.2543 GBP | ||||
| 48/7p ordinary | Sale | 745,000 | 2.2556 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 48/7p ordinary | CFD | Long | 757 | 2.2317 GBP | |||||
| 48/7p ordinary | SWAP | Long | 1,300 | 2.2530 GBP | |||||
| 48/7p ordinary | CFD | Long | 1,535 | 2.2564 GBP | |||||
| 48/7p ordinary | CFD | Long | 2,891 | 2.2338 GBP | |||||
| 48/7p ordinary | CFD | Long | 8,781 | 2.2407 GBP | |||||
| 48/7p ordinary | CFD | Long | 9,153 | 2.2490 GBP | |||||
| 48/7p ordinary | CFD | Long | 12,203 | 2.2557 GBP | |||||
| 48/7p ordinary | SWAP | Long | 17,120 | 2.2341 GBP | |||||
| 48/7p ordinary | CFD | Long | 29,748 | 2.2539 GBP | |||||
| 48/7p ordinary | SWAP Expires 05/04/2019 | Long | 29,800 | 2.2348 GBP | |||||
| 48/7p ordinary | CFD | Long | 38,470 | 2.2437 GBP | |||||
| 48/7p ordinary | SWAP | Long | 83,718 | 2.2611 GBP | |||||
| 48/7p ordinary | SWAP Expires 05/04/2019 | Long | 134,421 | 2.2595 GBP | |||||
| 48/7p ordinary | SWAP | Long | 187,242 | 2.2505 GBP | |||||
| 48/7p ordinary | CFD | Long | 256,273 | 2.2279 GBP | |||||
| 48/7p ordinary | SWAP Expires 05/04/2019 | Long | 372,500 | 2.2543 GBP | |||||
| 48/7p ordinary | SWAP Expires 05/04/2019 | Long | 745,000 | 2.2556 GBP | |||||
| 48/7p ordinary | CFD | Short | 79 | 2.2439 GBP | |||||
| 48/7p ordinary | SWAP | Short | 281 | 2.2652 GBP | |||||
| 48/7p ordinary | CFD | Short | 326 | 2.2560 GBP | |||||
| 48/7p ordinary | SWAP | Short | 409 | 2.2716 GBP | |||||
| 48/7p ordinary | SWAP | Short | 437 | 2.2598 GBP | |||||
| 48/7p ordinary | CFD | Short | 470 | 2.2290 GBP | |||||
| 48/7p ordinary | SWAP | Short | 818 | 2.2715 GBP | |||||
| 48/7p ordinary | CFD | Short | 939 | 2.2614 GBP | |||||
| 48/7p ordinary | CFD | Short | 1,279 | 2.2419 GBP | |||||
| 48/7p ordinary | SWAP | Short | 1,600 | 2.2366 GBP | |||||
| 48/7p ordinary | SWAP | Short | 2,214 | 2.2752 GBP | |||||
| 48/7p ordinary | CFD | Short | 2,356 | 2.2385 GBP | |||||
| 48/7p ordinary | SWAP | Short | 3,326 | 2.2585 GBP | |||||
| 48/7p ordinary | SWAP | Short | 6,004 | 2.2655 GBP | |||||
| 48/7p ordinary | CFD | Short | 7,815 | 2.2574 GBP | |||||
| 48/7p ordinary | SWAP | Short | 10,812 | 2.2456 GBP | |||||
| 48/7p ordinary | CFD | Short | 19,877 | 2.2489 GBP | |||||
| 48/7p ordinary | CFD | Short | 23,793 | 2.2298 GBP | |||||
| 48/7p ordinary | CFD | Short | 54,780 | 2.2281 GBP | |||||
| 48/7p ordinary | CFD | Short | 76,519 | 2.2441 GBP | |||||
| 48/7p ordinary | SWAP | Short | 89,691 | 2.2353 GBP | |||||
| 48/7p ordinary | CFD | Short | 97,459 | 2.2410 GBP | |||||
| 48/7p ordinary | CFD | Short | 231,491 | 2.2438 GBP | |||||
| 48/7p ordinary | CFD | Short | 253,648 | 2.2536 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: | 2 Mar 2018 | ||
| Contact name: | Elise Tang | ||
| Telephone number: | 0207 1163 001 |
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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