LONDON--(BUSINESS WIRE)--
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 interest and short | ||||
positions disclosed, if different from 1(a): | |||||
(c) | Name of offeror/offeree in relation to whose | ARRIS GROUP INC | |||
relevant securities this form relates: | |||||
(d) | If an exempt fund manager connected with an | ||||
offeror/offeree, state this and specify identity of | |||||
offeror/offeree: | |||||
(e) | Date position held/dealing undertaken: | 2 June 2015 | |||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||
disclosures in respect of any other party to the offer? | PACE PLC |
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: | ORD | ||||||||||
Interests | Short Positions | ||||||||||
Number | (%) | Number | (%) | ||||||||
(1) | Relevant securities owned | ||||||||||
and/or controlled: | 11,423 | 0.01% | 808,216 | 0.55% | |||||||
(2) | Cash-settled derivatives: | ||||||||||
125,000 | 0.09% | 740,183 | 0.51% | ||||||||
(3) | Stock-settled derivatives (including options) | ||||||||||
and agreements to purchase/sell: | 9,600 | 0.01% | 27,300 | 0.02% | |||||||
TOTAL: | 146,023 | 0.10% | 1,575,699 | 1.08% |
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: | |
Details, including nature of the rights concerned and relevant percentages: |
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 | ||||||
ORD | Purchase | 2 | 33.2400 USD | ||||
ORD | Purchase | 3 | 33.2266 USD | ||||
ORD | Purchase | 200 | 33.0399 USD | ||||
ORD | Purchase | 201 | 33.2101 USD | ||||
ORD | Purchase | 300 | 33.1000 USD | ||||
ORD | Purchase | 400 | 33.0125 USD | ||||
ORD | Purchase | 682 | 33.0420 USD | ||||
ORD | Purchase | 700 | 32.9542 USD | ||||
ORD | Purchase | 751 | 33.1800 USD | ||||
ORD | Purchase | 786 | 33.0924 USD | ||||
ORD | Purchase | 900 | 33.2050 USD | ||||
ORD | Purchase | 1,200 | 33.1075 USD | ||||
ORD | Purchase | 2,411 | 32.9127 USD | ||||
ORD | Purchase | 2,802 | 33.1936 USD | ||||
ORD | Purchase | 3,302 | 33.0269 USD | ||||
ORD | Purchase | 3,480 | 32.9961 USD | ||||
ORD | Purchase | 4,294 | 33.0029 USD | ||||
ORD | Purchase | 4,500 | 32.9890 USD | ||||
ORD | Purchase | 4,948 | 32.9817 USD | ||||
ORD | Purchase | 6,300 | 33.0239 USD | ||||
ORD | Purchase | 10,619 | 32.9883 USD | ||||
ORD | Purchase | 10,619 | 33.0487 USD | ||||
ORD | Purchase | 14,749 | 32.9891 USD | ||||
ORD | Sale | 100 | 32.8900 USD | ||||
ORD | Sale | 100 | 32.9600 USD | ||||
ORD | Sale | 100 | 33.1400 USD | ||||
ORD | Sale | 102 | 33.0631 USD | ||||
ORD | Sale | 200 | 33.0300 USD | ||||
ORD | Sale | 200 | 33.0700 USD | ||||
ORD | Sale | 300 | 33.1000 USD | ||||
ORD | Sale | 301 | 33.0038 USD | ||||
ORD | Sale | 386 | 33.2400 USD | ||||
ORD | Sale | 500 | 32.9680 USD | ||||
ORD | Sale | 500 | 33.1700 USD | ||||
ORD | Sale | 531 | 32.9390 USD | ||||
ORD | Sale | 900 | 33.0738 USD | ||||
ORD | Sale | 1,200 | 33.0033 USD | ||||
ORD | Sale | 1,200 | 33.2050 USD | ||||
ORD | Sale | 1,633 | 32.7957 USD | ||||
ORD | Sale | 1,634 | 32.9504 USD | ||||
ORD | Sale | 1,676 | 33.0541 USD | ||||
ORD | Sale | 1,782 | 32.9863 USD | ||||
ORD | Sale | 1,800 | 32.9766 USD | ||||
ORD | Sale | 1,900 | 32.9205 USD | ||||
ORD | Sale | 1,900 | 33.0320 USD | ||||
ORD | Sale | 2,300 | 33.1217 USD | ||||
ORD | Sale | 3,400 | 32.9410 USD | ||||
ORD | Sale | 5,300 | 33.0917 USD | ||||
ORD | Sale | 21,238 | 33.0487 USD | ||||
ORD | Sale | 21,501 | 33.0001 USD |
(b) Cash-settled derivative transactions
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option | ||||||||
of | description | purchasing, | of | price | date | money | |||||||||
relevant | selling, | securities | per unit | paid/ | |||||||||||
security | varying etc | to which | received | ||||||||||||
option | per unit | ||||||||||||||
relates | |||||||||||||||
ORD | Call Options | Selling | 4,000 | 35 USD | American | 17 Jul 2015 | 0.5947 USD |
(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 |
(ii) Exercise
Class of relevant security |
Product description
e.g. call option |
Exercising/ exercised against | 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) |
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” |
(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” |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | YES | ||
Date of disclosure: | 3 Jun 2015 | ||
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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
143221.01
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) 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 PLC. | ||
are being disclosed: | |||
Name of offeror/offeree in relation to whose | ARRIS GROUP INC | ||
relevant securities this from relates: |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
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 | Put Options | Purchased | -2,100 | 27.5000 | American | 21 Aug 2015 | |||||||
ORD | Put Options | Purchased | -900 | 30.0000 | American | 21 Aug 2015 | |||||||
ORD | Put Options | Purchased | -1,000 | 32.5000 | American | 21 Aug 2015 | |||||||
ORD | Put Options | Written | 1,800 | 25.0000 | American | 21 Aug 2015 | |||||||
ORD | Put Options | Written | 4,900 | 40.0000 | American | 20 Nov 2015 | |||||||
ORD | Call Options | Purchased | 700 | 25.0000 | American | 21 Aug 2015 | |||||||
ORD | Call Options | Purchased | 100 | 30.0000 | American | 20 Nov 2015 | |||||||
ORD | Call Options | Purchased | 1,700 | 35.0000 | American | 21 Aug 2015 | |||||||
ORD | Call Options | Purchased | 100 | 35.0000 | American | 20 Nov 2015 | |||||||
ORD | Call Options | Purchased | 300 | 37.5000 | American | 21 Aug 2015 | |||||||
ORD | Call Options | Written | -300 | 32.5000 | American | 19 Jun 2015 | |||||||
ORD | Call Options | Written | -900 | 32.5000 | American | 21 Aug 2015 | |||||||
ORD | Call Options | Written | -200 | 35.0000 | American | 19 Jun 2015 | |||||||
ORD | Call Options | Written | -4,000 | 35.0000 | American | 17 Jul 2015 | |||||||
ORD | Call Options | Written | -1,400 | 37.5000 | American | 19 Jun 2015 | |||||||
ORD | Call Options | Written | -12,400 | 37.5000 | American | 20 Nov 2015 | |||||||
ORD | Call Options | Written | -3,800 | 40.0000 | American | 19 Jun 2015 | |||||||
ORD | Call Options | Written | -300 | 40.0000 | American | 21 Aug 2015 |
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 cash-settled derivatives.
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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.