Last checked at 28 Feb 2018 12:59
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: | 27 February 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: | 20,979,124 | 1.08% | 36,320,382 | 1.87% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 29,780,720 | 1.53% | 4,510,788 | 0.23% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 50,759,844 | 2.61% | 40,831,170 | 2.10% | |||||||
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 | 228 | 2.2620 GBP | ||||
| 48/7p ordinary | Purchase | 1,466 | 2.2625 GBP | ||||
| 48/7p ordinary | Purchase | 1,525 | 2.2645 GBP | ||||
| 48/7p ordinary | Purchase | 1,894 | 2.2484 GBP | ||||
| 48/7p ordinary | Purchase | 1,994 | 2.2634 GBP | ||||
| 48/7p ordinary | Purchase | 2,201 | 2.2553 GBP | ||||
| 48/7p ordinary | Purchase | 3,583 | 2.2474 GBP | ||||
| 48/7p ordinary | Purchase | 3,815 | 2.2614 GBP | ||||
| 48/7p ordinary | Purchase | 4,087 | 2.2450 GBP | ||||
| 48/7p ordinary | Purchase | 6,637 | 2.2572 GBP | ||||
| 48/7p ordinary | Purchase | 10,016 | 2.2570 GBP | ||||
| 48/7p ordinary | Purchase | 13,308 | 2.2545 GBP | ||||
| 48/7p ordinary | Purchase | 13,923 | 2.2626 GBP | ||||
| 48/7p ordinary | Purchase | 15,447 | 2.2528 GBP | ||||
| 48/7p ordinary | Purchase | 16,213 | 2.2507 GBP | ||||
| 48/7p ordinary | Purchase | 17,653 | 2.2613 GBP | ||||
| 48/7p ordinary | Purchase | 24,870 | 2.2455 GBP | ||||
| 48/7p ordinary | Purchase | 29,225 | 2.2494 GBP | ||||
| 48/7p ordinary | Purchase | 40,623 | 2.2574 GBP | ||||
| 48/7p ordinary | Purchase | 60,017 | 2.2616 GBP | ||||
| 48/7p ordinary | Purchase | 67,209 | 2.2537 GBP | ||||
| 48/7p ordinary | Purchase | 84,581 | 2.2534 GBP | ||||
| 48/7p ordinary | Purchase | 111,598 | 2.2548 GBP | ||||
| 48/7p ordinary | Purchase | 248,413 | 2.2604 GBP | ||||
| 48/7p ordinary | Purchase | 250,219 | 2.2539 GBP | ||||
| 48/7p ordinary | Purchase | 269,985 | 2.2582 GBP | ||||
| 48/7p ordinary | Sale | 409 | 2.2497 GBP | ||||
| 48/7p ordinary | Sale | 1,525 | 2.2645 GBP | ||||
| 48/7p ordinary | Sale | 3,746 | 2.2561 GBP | ||||
| 48/7p ordinary | Sale | 4,378 | 2.2527 GBP | ||||
| 48/7p ordinary | Sale | 7,932 | 2.2522 GBP | ||||
| 48/7p ordinary | Sale | 8,010 | 2.2431 GBP | ||||
| 48/7p ordinary | Sale | 10,948 | 2.2507 GBP | ||||
| 48/7p ordinary | Sale | 15,700 | 2.2635 GBP | ||||
| 48/7p ordinary | Sale | 20,703 | 2.2441 GBP | ||||
| 48/7p ordinary | Sale | 37,120 | 2.2593 GBP | ||||
| 48/7p ordinary | Sale | 41,086 | 2.2499 GBP | ||||
| 48/7p ordinary | Sale | 58,804 | 2.2604 GBP | ||||
| 48/7p ordinary | Sale | 138,944 | 2.2530 GBP | ||||
| 48/7p ordinary | Sale | 288,750 | 2.2617 GBP | ||||
| 48/7p ordinary | Sale | 380,107 | 2.2560 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 | 409 | 2.2497 GBP | |||||
| 48/7p ordinary | SWAP | Long | 5,117 | 2.2466 GBP | |||||
| 48/7p ordinary | CFD | Long | 7,932 | 2.2522 GBP | |||||
| 48/7p ordinary | CFD | Long | 18,097 | 2.2441 GBP | |||||
| 48/7p ordinary | CFD | Long | 23,000 | 2.2505 GBP | |||||
| 48/7p ordinary | SWAP | Long | 151,534 | 2.2575 GBP | |||||
| 48/7p ordinary | CFD | Short | 50 | 2.2626 GBP | |||||
| 48/7p ordinary | CFD | Short | 131 | 2.2625 GBP | |||||
| 48/7p ordinary | CFD | Short | 228 | 2.2620 GBP | |||||
| 48/7p ordinary | SWAP | Short | 1,200 | 2.2580 GBP | |||||
| 48/7p ordinary | SWAP | Short | 1,894 | 2.2484 GBP | |||||
| 48/7p ordinary | SWAP | Short | 3,583 | 2.2474 GBP | |||||
| 48/7p ordinary | SWAP | Short | 4,087 | 2.2450 GBP | |||||
| 48/7p ordinary | SWAP | Short | 6,637 | 2.2572 GBP | |||||
| 48/7p ordinary | SWAP | Short | 10,016 | 2.2570 GBP | |||||
| 48/7p ordinary | SWAP | Short | 13,308 | 2.2545 GBP | |||||
| 48/7p ordinary | SWAP | Short | 21,005 | 2.2599 GBP | |||||
| 48/7p ordinary | CFD | Short | 24,870 | 2.2455 GBP | |||||
| 48/7p ordinary | CFD | Short | 25,048 | 2.2507 GBP | |||||
| 48/7p ordinary | SWAP | Short | 25,048 | 2.2507 GBP | |||||
| 48/7p ordinary | SWAP | Short | 29,225 | 2.2494 GBP | |||||
| 48/7p ordinary | SWAP | Short | 35,100 | 2.2562 GBP | |||||
| 48/7p ordinary | CFD | Short | 55,497 | 2.2561 GBP | |||||
| 48/7p ordinary | CFD | Short | 67,209 | 2.2538 GBP | |||||
| 48/7p ordinary | SWAP | Short | 84,581 | 2.2534 GBP | |||||
| 48/7p ordinary | SWAP | Short | 108,296 | 2.2564 GBP | |||||
| 48/7p ordinary | SWAP | Short | 108,499 | 2.2612 GBP | |||||
| 48/7p ordinary | SWAP | Short | 111,598 | 2.2547 GBP | |||||
| 48/7p ordinary | CFD | Short | 250,219 | 2.2539 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: | 28 Feb 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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