LONDON--(BUSINESS WIRE)--
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 | TUI TRAVEL PLC | |||
| relevant securities this form relates: | |||||
| (c) | Name of the party to the offer with which exempt | TUI TRAVEL PLC | |||
| principal trader is connected | |||||
| (d) | Date position held/dealing undertaken: | 18 August 2014 | |||
| (e) | Has the EPT previously disclosed, or is it | YES: | |||
| today disclosing, under the Code in respect | TUI AG | ||||
| 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: | 11,224,973 | 1.01% | 2,984,258 | 0.27% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 899,038 | 0.08% | 7,779,448 | 0.70% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 12,124,011 | 1.09% | 10,763,706 | 0.96% | |||||||
| Class of relevant security: | Convertible Bond XS0503743949 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 4,500,000 | 1.13% | 0 | 0.00% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 0 | 0.00% | 0 | 0.00% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 4,500,000 | 1.13% | 0 | 0.00% | |||||||
| Class of relevant security: | Convertible Bond XS0455660216 | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 2,300,000 | 0.66% | 0 | 0.00% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 0 | 0.00% | 0 | 0.00% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 2,300,000 | 0.66% | 0 | 0.00% | |||||||
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 | 272 | 3.7165 GBP | ||||
| ORD | Purchase | 274 | 3.7179 GBP | ||||
| ORD | Purchase | 274 | 3.7200 GBP | ||||
| ORD | Purchase | 305 | 3.7090 GBP | ||||
| ORD | Purchase | 432 | 3.7160 GBP | ||||
| ORD | Purchase | 458 | 3.7124 GBP | ||||
| ORD | Purchase | 458 | 3.7145 GBP | ||||
| ORD | Purchase | 458 | 3.7170 GBP | ||||
| ORD | Purchase | 501 | 3.7050 GBP | ||||
| ORD | Purchase | 548 | 3.7150 GBP | ||||
| ORD | Purchase | 727 | 3.7175 GBP | ||||
| ORD | Purchase | 864 | 3.7126 GBP | ||||
| ORD | Purchase | 1,070 | 3.7140 GBP | ||||
| ORD | Purchase | 1,220 | 3.7100 GBP | ||||
| ORD | Purchase | 1,667 | 3.7081 GBP | ||||
| ORD | Purchase | 7,838 | 3.7135 GBP | ||||
| ORD | Purchase | 18,771 | 3.7119 GBP | ||||
| ORD | Purchase | 34,837 | 3.7131 GBP | ||||
| ORD | Purchase | 57,509 | 3.7158 GBP | ||||
| ORD | Sale | 225 | 3.7010 GBP | ||||
| ORD | Sale | 272 | 3.7165 GBP | ||||
| ORD | Sale | 274 | 3.7135 GBP | ||||
| ORD | Sale | 274 | 3.7179 GBP | ||||
| ORD | Sale | 274 | 3.7200 GBP | ||||
| ORD | Sale | 432 | 3.7160 GBP | ||||
| ORD | Sale | 458 | 3.7124 GBP | ||||
| ORD | Sale | 458 | 3.7145 GBP | ||||
| ORD | Sale | 458 | 3.7170 GBP | ||||
| ORD | Sale | 501 | 3.7050 GBP | ||||
| ORD | Sale | 535 | 3.7140 GBP | ||||
| ORD | Sale | 548 | 3.7150 GBP | ||||
| ORD | Sale | 727 | 3.7175 GBP | ||||
| ORD | Sale | 806 | 3.7068 GBP | ||||
| ORD | Sale | 915 | 3.7100 GBP | ||||
| ORD | Sale | 1,760 | 3.7110 GBP | ||||
| ORD | Sale | 4,118 | 3.7089 GBP | ||||
| ORD | Sale | 5,090 | 3.7148 GBP | ||||
| ORD | Sale | 6,168 | 3.7400 GBP | ||||
| ORD | Sale | 7,920 | 3.7090 GBP | ||||
| ORD | Sale | 13,209 | 3.7097 GBP | ||||
| ORD | Sale | 13,914 | 3.7159 GBP | ||||
| ORD | Sale | 21,491 | 3.7227 GBP | ||||
| ORD | Sale | 33,576 | 3.7136 GBP |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | CFD | Long | 1,907 | 3.6939 GBP | |||||
| ORD | SWAP | Long | 4,359 | 3.7358 GBP | |||||
| ORD | SWAP | Long | 13,914 | 3.7159 GBP | |||||
| ORD | SWAP | Short | 2,659 | 3.7059 GBP | |||||
| ORD | CFD | Short | 2,835 | 3.7142 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? | NO | ||
| Date of disclosure: | 20 Aug 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.