Form 8.5 (EPT/NON-RI) - FRIENDS LIFE GROUP LIMITED

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

FRIENDS LIFE GROUP LIMITED

  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt FRIENDS LIFE GROUP LIMITED
  principal trader is connected  
(d) Date position held/dealing undertaken: 27 November 2014
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect AVIVA 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: 3,888,754 0.28% 1,210,968 0.09%
           
(2) Derivatives (other than
options): 943,448 0.07% 2,190,843 0.16%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 4,832,202 0.34% 3,401,811 0.24%

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 318 3.6710 GBP
ORD Purchase 464 3.6930 GBP
ORD Purchase 500 3.6730 GBP
ORD Purchase 523 3.6780 GBP
ORD Purchase 616 3.6890 GBP
ORD Purchase 656 3.6750 GBP
ORD Purchase 840 3.6680 GBP
ORD Purchase 873 3.6740 GBP
ORD Purchase 1,016 3.6820 GBP
ORD Purchase 1,504 3.6885 GBP
ORD Purchase 1,563 3.6910 GBP
ORD Purchase 1,635 3.6900 GBP
ORD Purchase 1,709 3.6720 GBP
ORD Purchase 1,734 3.6870 GBP
ORD Purchase 1,936 3.6790 GBP
ORD Purchase 2,033 3.6800 GBP
ORD Purchase 2,992 3.6850 GBP
ORD Purchase 3,905 3.6840 GBP
ORD Purchase 4,358 3.6880 GBP
ORD Purchase 6,121 3.6810 GBP
ORD Purchase 6,847 3.6760 GBP
ORD Purchase 7,373 3.6830 GBP
ORD Purchase 7,439 3.6895 GBP
ORD Purchase 8,019 3.6799 GBP
ORD Purchase 9,810 3.6770 GBP
ORD Purchase 12,576 3.6853 GBP
ORD Purchase 16,558 3.6825 GBP
ORD Purchase 22,684 3.6860 GBP
ORD Purchase 41,657 3.6802 GBP
ORD Purchase 116,830 3.6837 GBP
ORD Purchase 236,348 3.6809 GBP
ORD Sale 318 3.6710 GBP
ORD Sale 393 3.6790 GBP
ORD Sale 464 3.6930 GBP
ORD Sale 500 3.6730 GBP
ORD Sale 523 3.6780 GBP
ORD Sale 616 3.6890 GBP
ORD Sale 656 3.6750 GBP
ORD Sale 873 3.6740 GBP
ORD Sale 1,016 3.6820 GBP
ORD Sale 1,059 3.6680 GBP
ORD Sale 1,313 3.6825 GBP
ORD Sale 1,313 3.6860 GBP
ORD Sale 1,439 3.6895 GBP
ORD Sale 1,504 3.6885 GBP
ORD Sale 1,563 3.6910 GBP
ORD Sale 1,635 3.6900 GBP
ORD Sale 1,709 3.6720 GBP
ORD Sale 1,734 3.6870 GBP
ORD Sale 2,033 3.6800 GBP
ORD Sale 2,992 3.6850 GBP
ORD Sale 3,353 3.6805 GBP
ORD Sale 3,905 3.6840 GBP
ORD Sale 4,358 3.6880 GBP
ORD Sale 5,833 3.6830 GBP
ORD Sale 16,567 3.6828 GBP
ORD Sale 17,205 3.6810 GBP
ORD Sale 26,035 3.6779 GBP
ORD Sale 29,099 3.6770 GBP
ORD Sale 38,588 3.6795 GBP
ORD Sale 41,657 3.6803 GBP
ORD Sale 60,546 3.6760 GBP
ORD Sale 173,005 3.6883 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 4,422 3.6785 GBP
ORD SWAP Long 12,452 3.6778 GBP
ORD SWAP Long 18,034 3.6794 GBP
ORD SWAP Long 26,035 3.6779 GBP
ORD SWAP Short 12,554 3.6803 GBP
ORD CFD Short 28,726 3.6731 GBP
ORD CFD Short 52,088 3.6852 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: 28 Nov 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.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 442728
Time of Receipt (offset from UTC): 20141128T111316+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC