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 relevant securities this form relates:

Use a separate form for each offeror/offeree

 

FRIENDS LIFE GROUP LIMITED

(c) Name of the party to the offer with which exempt principal trader is connected:  

FRIENDS LIFE GROUP LIMITED

(d) Date position held/dealing undertaken:  

18 DEC 2014

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?  

YES:

AVIVA PLC

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: 5,530,048 0.39% 1,186,722 0.08%
           
(2) Derivatives (other than
options): 882,156 0.06% 3,012,251 0.21%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 6,412,204 0.46% 4,198,973 0.30%

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 166 3.5680 GBP
ORD Purchase 169 3.5660 GBP
ORD Purchase 212 3.5780 GBP
ORD Purchase 249 3.5990 GBP
ORD Purchase 266 3.6010 GBP
ORD Purchase 434 3.5620 GBP
ORD Purchase 600 3.6360 GBP
ORD Purchase 652 3.5580 GBP
ORD Purchase 679 3.6090 GBP
ORD Purchase 989 3.5700 GBP
ORD Purchase 1,098 3.6130 GBP
ORD Purchase 1,348 3.6000 GBP
ORD Purchase 1,437 3.5760 GBP
ORD Purchase 1,528 3.5710 GBP
ORD Purchase 1,539 3.6040 GBP
ORD Purchase 1,695 3.5690 GBP
ORD Purchase 8,585 3.5788 GBP
ORD Purchase 25,159 3.5857 GBP
ORD Purchase 27,094 3.6350 GBP
ORD Purchase 28,533 3.6097 GBP
ORD Purchase 67,408 3.5655 GBP
ORD Purchase 77,755 3.5888 GBP
ORD Sale 166 3.5680 GBP
ORD Sale 249 3.5990 GBP
ORD Sale 266 3.6010 GBP
ORD Sale 434 3.5620 GBP
ORD Sale 652 3.5580 GBP
ORD Sale 679 3.6090 GBP
ORD Sale 680 3.6273 GBP
ORD Sale 973 3.6155 GBP
ORD Sale 989 3.5700 GBP
ORD Sale 1,098 3.6130 GBP
ORD Sale 1,296 3.5690 GBP
ORD Sale 1,348 3.6000 GBP
ORD Sale 1,437 3.5760 GBP
ORD Sale 1,528 3.5710 GBP
ORD Sale 1,539 3.6039 GBP
ORD Sale 1,739 3.5660 GBP
ORD Sale 1,850 3.5780 GBP
ORD Sale 2,023 3.6201 GBP
ORD Sale 4,018 3.5731 GBP
ORD Sale 4,066 3.6148 GBP
ORD Sale 8,984 3.5784 GBP
ORD Sale 11,741 3.6350 GBP
ORD Sale 12,372 3.6308 GBP
ORD Sale 12,718 3.5852 GBP
ORD Sale 116,194 3.5846 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 766 3.5546 GBP
ORD CFD Long 4,018 3.5731 GBP
ORD SWAP Long 14,395 3.6289 GBP
ORD SWAP Long 49,960 3.5721 GBP
ORD SWAP Long 65,050 3.5829 GBP
ORD CFD Short 579 3.6353 GBP
ORD CFD Short 600 3.6363 GBP
ORD SWAP Short 2,535 3.5871 GBP
ORD CFD Short 28,533 3.6097 GBP
ORD SWAP Short 49,624 3.5842 GBP
ORD SWAP Short 67,408 3.5655 GBP
ORD CFD Short 50,755 3.5925 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:

19 DEC 2014

Contact name:

Jay Supaya

Telephone number:

0207 773 0635

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: 445589
Time of Receipt (offset from UTC): 20141219T130228+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC