1 Feb 2021 14:01
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 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. |
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | MARSTON'S PLC |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 29 January 2021 |
(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” | NO |
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: | 7.375p ordinary | ||||
| Interests | Short Positions | ||||
| Number | (%) | Number | (%) | ||
(1) | Relevant securities owned | ||||
| and/or controlled: | 2,958,544 | 0.47% | 7,691,569 | 1.21% | |
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(2) | Cash-settled derivatives: |
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5,447,365 | 0.86% | 940,895 | 0.15% | ||
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(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |
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| TOTAL: | 8,405,909 | 1.33% | 8,632,464 | 1.36% | |
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: |
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Details, including nature of the rights concerned and relevant percentages: |
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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 | ||
| 7.375p ordinary | Purchase | 84 | 0.8300 GBP |
| 7.375p ordinary | Purchase | 2,103 | 0.8339 GBP |
| 7.375p ordinary | Purchase | 2,611 | 0.8320 GBP |
| 7.375p ordinary | Purchase | 2,941 | 0.7795 GBP |
| 7.375p ordinary | Purchase | 2,990 | 0.8479 GBP |
| 7.375p ordinary | Purchase | 3,800 | 0.8515 GBP |
| 7.375p ordinary | Purchase | 3,895 | 0.8592 GBP |
| 7.375p ordinary | Purchase | 4,069 | 0.8692 GBP |
| 7.375p ordinary | Purchase | 4,232 | 0.8600 GBP |
| 7.375p ordinary | Purchase | 5,140 | 0.8643 GBP |
| 7.375p ordinary | Purchase | 6,020 | 0.8097 GBP |
| 7.375p ordinary | Purchase | 6,450 | 0.8481 GBP |
| 7.375p ordinary | Purchase | 8,899 | 0.8702 GBP |
| 7.375p ordinary | Purchase | 15,465 | 0.8547 GBP |
| 7.375p ordinary | Purchase | 20,000 | 0.8230 GBP |
| 7.375p ordinary | Purchase | 22,389 | 0.8330 GBP |
| 7.375p ordinary | Purchase | 27,562 | 0.8639 GBP |
| 7.375p ordinary | Purchase | 31,872 | 0.8650 GBP |
| 7.375p ordinary | Purchase | 50,271 | 0.8635 GBP |
| 7.375p ordinary | Purchase | 58,156 | 0.8617 GBP |
| 7.375p ordinary | Purchase | 93,365 | 0.8772 GBP |
| 7.375p ordinary | Purchase | 97,288 | 0.8700 GBP |
| 7.375p ordinary | Purchase | 107,109 | 0.8584 GBP |
| 7.375p ordinary | Purchase | 132,705 | 0.8644 GBP |
| 7.375p ordinary | Purchase | 139,294 | 0.8608 GBP |
| 7.375p ordinary | Purchase | 560,082 | 0.8476 GBP |
| 7.375p ordinary | Purchase | 699,133 | 0.7355 GBP |
| 7.375p ordinary | Purchase | 870,198 | 0.8633 GBP |
| 7.375p ordinary | Purchase | 2,618,872 | 0.8493 GBP |
| 7.375p ordinary | Sale | 13 | 0.8640 GBP |
| 7.375p ordinary | Sale | 895 | 0.8575 GBP |
| 7.375p ordinary | Sale | 2,385 | 0.8674 GBP |
| 7.375p ordinary | Sale | 2,611 | 0.8320 GBP |
| 7.375p ordinary | Sale | 3,000 | 0.8681 GBP |
| 7.375p ordinary | Sale | 3,800 | 0.8515 GBP |
| 7.375p ordinary | Sale | 4,693 | 0.8380 GBP |
| 7.375p ordinary | Sale | 6,000 | 0.8302 GBP |
| 7.375p ordinary | Sale | 7,352 | 0.8656 GBP |
| 7.375p ordinary | Sale | 7,450 | 0.8650 GBP |
| 7.375p ordinary | Sale | 7,831 | 0.8339 GBP |
| 7.375p ordinary | Sale | 10,989 | 0.8595 GBP |
| 7.375p ordinary | Sale | 12,171 | 0.8381 GBP |
| 7.375p ordinary | Sale | 15,262 | 0.8623 GBP |
| 7.375p ordinary | Sale | 22,389 | 0.8330 GBP |
| 7.375p ordinary | Sale | 23,828 | 0.8275 GBP |
| 7.375p ordinary | Sale | 23,923 | 0.8586 GBP |
| 7.375p ordinary | Sale | 25,178 | 0.8600 GBP |
| 7.375p ordinary | Sale | 31,088 | 0.8569 GBP |
| 7.375p ordinary | Sale | 32,305 | 0.8359 GBP |
| 7.375p ordinary | Sale | 33,069 | 0.8846 GBP |
| 7.375p ordinary | Sale | 42,861 | 0.8593 GBP |
| 7.375p ordinary | Sale | 61,820 | 0.8230 GBP |
| 7.375p ordinary | Sale | 64,104 | 0.8283 GBP |
| 7.375p ordinary | Sale | 69,216 | 0.8632 GBP |
| 7.375p ordinary | Sale | 75,000 | 0.8950 GBP |
| 7.375p ordinary | Sale | 80,438 | 0.8481 GBP |
| 7.375p ordinary | Sale | 92,815 | 0.8588 GBP |
| 7.375p ordinary | Sale | 103,989 | 0.8362 GBP |
| 7.375p ordinary | Sale | 131,107 | 0.8603 GBP |
| 7.375p ordinary | Sale | 182,244 | 0.8594 GBP |
| 7.375p ordinary | Sale | 208,360 | 0.8492 GBP |
| 7.375p ordinary | Sale | 230,110 | 0.8579 GBP |
| 7.375p ordinary | Sale | 250,000 | 0.8697 GBP |
| 7.375p ordinary | Sale | 293,732 | 0.8707 GBP |
| 7.375p ordinary | Sale | 465,435 | 0.8523 GBP |
| 7.375p ordinary | Sale | 757,028 | 0.7355 GBP |
| 7.375p ordinary | Sale | 1,916,942 | 0.8479 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per |
| relevant | description | reference | unit | |
| security | securities | |||
| 7.375p ordinary | SWAP | Long | 1,121 | 0.8649 GBP |
| 7.375p ordinary | SWAP | Long | 2,584 | 0.9298 GBP |
| 7.375p ordinary | SWAP | Long | 9,422 | 0.8328 GBP |
| 7.375p ordinary | CFD | Long | 22,454 | 0.8103 GBP |
| 7.375p ordinary | SWAP | Long | 33,997 | 0.7838 GBP |
| 7.375p ordinary | SWAP | Long | 134,559 | 0.8860 GBP |
| 7.375p ordinary | SWAP | Long | 429,240 | 0.8635 GBP |
| 7.375p ordinary | CFD | Long | 759,298 | 0.7354 GBP |
| 7.375p ordinary | CFD | Short | 12,370 | 0.8441 GBP |
| 7.375p ordinary | SWAP | Short | 109,626 | 0.8645 GBP |
| 7.375p ordinary | SWAP | Short | 222,584 | 0.8336 GBP |
| 7.375p ordinary | CFD | Short | 293,624 | 0.7354 GBP |
| 7.375p ordinary | SWAP | Short | 322,780 | 0.8599 GBP |
| 7.375p ordinary | CFD | Short | 405,509 | 0.7355 GBP |
| 7.375p ordinary | SWAP | Short | 575,526 | 0.8627 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 |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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
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(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | 1 FEB 2021 |
Contact name: | Large Holdings Regulatory Operations |
Telephone number*: | 020 3134 7213 |
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.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210201005526/en/
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Barclays (BARC)
Marstons (MARS)