21 May 2026 08:31
FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | Ā | BARCLAYS CAPITAL SECURITIES LTD | ||||
(b) | Name of offeror/offeree in relation to whose | Ā | SENIOR PLC | ||||
Ā | relevant securities this form relates: | Ā | |||||
(c) | Name of the party to the offer with which exempt | ZEUS UK BIDCO LIMITED (A NEWLY FORMED COMPANY TO BE INDIRECTLY CONTROLLED BY INVESTMENT FUNDS ADVISED BY AFFILIATES OF TINICUM INCORPORATED AND BLACKSTONE INC.) | |||||
Ā | principal trader is connected | Ā | Ā | ||||
(d) | Date position held/dealing undertaken: | Ā | 20 May 2026 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | NO | Ā | Ā | |||
Ā | trader making disclosures in respect of any other party to the offer? | Ā | Ā | ||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | Ā | |||||
Ā | to which the disclosure relates following the dealing (if any) | Ā | |||||
Class of relevant security: | 10p ordinary | ||||||
Ā | Interests | Short Positions | |||||
Ā | Number | (%) | Number | (%) | |||
(1) | Relevant securities owned | Ā | Ā | Ā | Ā | ||
Ā | and/or controlled: | Ā | Ā | 22,881,642 | 5.46% | 4,275,524 | 1.02% |
(2) | Cash-settled derivatives: | Ā | Ā | Ā | Ā | ||
Ā | and/or controlled: | Ā | Ā | 4,200,017 | 1.00% | 22,880,069 | 5.46% |
(3) | Stock-settled derivatives (including options) | Ā | Ā | Ā | Ā | ||
Ā | and agreements to purchase/sell: | Ā | Ā | 0 | 0.00% | 0 | 0.00% |
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
Ā | TOTAL: | Ā | Ā | 27,081,659 | 6.46% | 27,155,593 | 6.47% |
(b) | Rights to subscribe for new securities (including directors and other executive | Ā | |||||
Ā | options) | Ā | Ā | Ā | Ā | Ā | Ā |
Class of relevant security in relation to | Ā | Ā | Ā | Ā | |||
which subscription right exists | Ā | Ā | Ā | Ā | |||
Details, including nature of the rights | Ā | Ā | Ā | Ā | |||
concerned and relevant percentages: | Ā | Ā | Ā | Ā | |||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | Ā | Ā | Ā | Ā | Ā | |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security | Ā | securities | paid/received | paid/received | |||
10p ordinary | Purchase | 1,931,232 | 2.8650 GBP | 2.8498 GBP | |||
10p ordinary | Sale | 560,376 | 2.8552 GBP | 2.8500 GBP | |||
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
(b) | Cash-settled derivative transactions | Ā | |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | Ā | reference | unit | |||
security | Ā | Ā | securities | Ā | |||
10p ordinary | SWAP | Decreasing Short | 165,446 | 2.8500 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,686 | 2.8502 GBP | |||
10p ordinary | SWAP | Decreasing Short | 351 | 2.8529 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200 | 2.8549 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,981 | 2.8550 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,400 | 2.8551 GBP | |||
10p ordinary | SWAP | Decreasing Short | 24,706 | 2.8552 GBP | |||
10p ordinary | SWAP | Increasing Short | 422,751 | 2.8500 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,394 | 2.8502 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,000,000 | 2.8533 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,845 | 2.8550 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,856 | 2.8552 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,913 | 2.8553 GBP | |||
10p ordinary | SWAP | Increasing Short | 195 | 2.8560 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,020 | 2.8575 GBP | |||
10p ordinary | SWAP | Increasing Short | 35,320 | 2.8600 GBP | |||
10p ordinary | SWAP | Increasing Short | 88,672 | 2.8638 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,398 | 2.8650 GBP | |||
10p ordinary | CFD | Increasing Long | 65,192 | 2.8548 GBP | |||
10p ordinary | CFD | Decreasing Long | 11,056 | 2.8601 GBP | |||
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
(c) | Stock-settled derivative transactions (including options) | Ā | |||||
(i) | Writing, selling, purchasing or varying | Ā | |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | Ā | date | money |
relevant | Ā | selling, | securities | per unit | Ā | Ā | paid/ |
security | Ā | varying etc | to which | Ā | Ā | Ā | received |
Ā | Ā | Ā | option | Ā | Ā | Ā | per unit |
Ā | Ā | Ā | relates | Ā | Ā | Ā | Ā |
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
(ii) | Exercising | Ā | Ā | Ā | Ā | Ā | Ā |
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | Ā | Ā | securities | unit | |||
Ā | Ā | Ā | Ā | Ā | |||
Ā | Ā | Ā | Ā | Ā | Ā | Ā | Ā |
(d) | Other dealings (including subscribing for new securities) | Ā | |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | Ā | Ā | applicable) | ||||
Ā | Ā | Ā | Ā | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | Ā | |||||
Details of any indemnity or option arrangement, or any agreement or understanding, | Ā | Ā | |||||
formal or informal, relating to relevant securities which may be an inducement to deal | Ā | Ā | |||||
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party | Ā | ||||||
to the offer or any person acting in concert with a party to the offer: | Ā | Ā | Ā | ||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | Ā | |||||
Details of any agreement, arrangement or understanding, formal or informal, between | Ā | Ā | |||||
the exempt principal trader making the disclosure and any other person relating to: | Ā | Ā | |||||
(i) the voting rights of any relevant securities under any option; or | Ā | Ā | Ā | ||||
(ii) the voting rights of future acquisition or disposal of any relevant securities to which | Ā | Ā | |||||
any derivative is referenced: | Ā | Ā | Ā | Ā | Ā | Ā | |
NONE | |||||||
(c) | Attachments | Ā | Ā | Ā | Ā | Ā | Ā |
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 21 May 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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