Form 8.5 (EPT/NON-RI) - Dixons Retail plc

LONDON--()--

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:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose DIXONS RETAIL PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt DIXONS RETAIL PLC
  principal trader is connected  
(d) Date position held/dealing undertaken: 24 March 2014
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect CARPHONE WAREHOUSE GROUP PLC
  of any other party to this offer?  

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:       ORD            
Interests   Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 9,606,989 0.26% 8,813,801 0.24%
           
(2) Derivatives (other than
options): 5,411,564 0.15% 2,809,782 0.08%
           
(3) Options and agreements to
purchase/sell: 2,520,000 0.07% 0 0.00%
           
(4) TOTAL:
17,538,553 0.48% 11,623,583 0.32%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 2,432 0.5000 GBP
ORD Purchase 6,311 0.5138 GBP
ORD Purchase 9,000 0.5300 GBP
ORD Purchase 9,700 0.5085 GBP
ORD Purchase 10,352 0.4925 GBP
ORD Purchase 10,703 0.5067 GBP
ORD Purchase 11,082 0.4931 GBP
ORD Purchase 11,762 0.4929 GBP
ORD Purchase 14,648 0.4940 GBP
ORD Purchase 19,954 0.4955 GBP
ORD Purchase 32,900 0.5039 GBP
ORD Purchase 34,323 0.4957 GBP
ORD Purchase 35,527 0.4987 GBP
ORD Purchase 54,557 0.5140 GBP
ORD Purchase 83,472 0.4963 GBP
ORD Purchase 98,939 0.4981 GBP
ORD Purchase 154,447 0.4959 GBP
ORD Purchase 157,782 0.5047 GBP
ORD Purchase 194,180 0.4986 GBP
ORD Purchase 745,574 0.5009 GBP
ORD Sale 133 0.5140 GBP
ORD Sale 4,556 0.5022 GBP
ORD Sale 9,111 0.5100 GBP
ORD Sale 10,352 0.4925 GBP
ORD Sale 10,703 0.5067 GBP
ORD Sale 11,082 0.4931 GBP
ORD Sale 14,284 0.5240 GBP
ORD Sale 14,648 0.4940 GBP
ORD Sale 16,011 0.5105 GBP
ORD Sale 18,839 0.4952 GBP
ORD Sale 19,954 0.4955 GBP
ORD Sale 36,542 0.4929 GBP
ORD Sale 38,424 0.5000 GBP
ORD Sale 114,092 0.5052 GBP
ORD Sale 219,510 0.4965 GBP
ORD Sale 459,195 0.4982 GBP
ORD Sale 1,205,057 0.4997 GBP
ORD Sale 1,782,384 0.5007 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 18,839 0.4952 GBP
ORD SWAP Long 21,714 0.5006 GBP
ORD SWAP Long 24,780 0.4928 GBP
ORD CFD Long 18,241 0.4950 GBP
ORD SWAP Long 164,955 0.5053 GBP
ORD CFD Long 459,195 0.4982 GBP
ORD CFD Long 897,436 0.4968 GBP
ORD SWAP Long 973,196 0.5025 GBP
ORD SWAP Short 4,980 0.4998 GBP
ORD CFD Short 9,504 0.4914 GBP
ORD SWAP Short 24,700 0.4950 GBP
ORD SWAP Short 36,077 0.5001 GBP
ORD SWAP Short 74,239 0.4991 GBP
ORD SWAP Short 177,071 0.5035 GBP

(c) Options transactions in respect of existing securities

(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) Exercising

Class of relevant security   Product description

e.g. call option

  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)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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 exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

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 exempt principal trader 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?  

YES

Date of disclosure:   25 Mar 2014
Contact name: Rajesh Muthanna
Telephone number: 020 3555 4634

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of the person whose positions/dealings   BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:  
Name of offeror/offeree in relation to whose DIXONS RETAIL PLC
relevant securities this from relates:  

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Call Options Purchased 2,520,000 0.4909 European 31 Mar 2014

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 412053
Time of Receipt (offset from UTC): 20140325T104124+0000

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