Form 8.3 - ARRIS GROUP INC

LONDON--()--

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: 12 October 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: 9,371 0.01% 689,727 0.47%
           
(2) Cash-settled derivatives:
125,000 0.09% 414,359 0.28%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 9,500 0.01% 19,600 0.01%
           
(4)
TOTAL: 143,871 0.11% 1,123,686 0.76%

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 100 28.5500 USD
ORD Purchase 100 28.8600 USD
ORD Purchase 100 28.4950 USD
ORD Purchase 200 28.6000 USD
ORD Purchase 200 28.5050 USD
ORD Purchase 300 28.5000 USD
ORD Purchase 300 28.4432 USD
ORD Purchase 312 28.4739 USD
ORD Purchase 500 28.4880 USD
ORD Purchase 630 28.4490 USD
ORD Purchase 724 28.4985 USD
ORD Purchase 800 28.4793 USD
ORD Purchase 873 28.5017 USD
ORD Purchase 906 28.4783 USD
ORD Purchase 1,100 28.5077 USD
ORD Purchase 1,197 28.5062 USD
ORD Purchase 1,228 28.4833 USD
ORD Purchase 1,713 28.5602 USD
ORD Purchase 1,900 28.4805 USD
ORD Purchase 2,100 28.4547 USD
ORD Purchase 2,297 28.5008 USD
ORD Purchase 2,300 28.4702 USD
ORD Purchase 2,400 28.5209 USD
ORD Purchase 2,750 28.4656 USD
ORD Purchase 3,784 28.5029 USD
ORD Purchase 4,993 28.4595 USD
ORD Purchase 6,000 28.4751 USD
ORD Purchase 6,750 28.4900 USD
ORD Purchase 16,276 28.5157 USD
ORD Sale 100 28.7050 USD
ORD Sale 100 28.4500 USD
ORD Sale 100 28.6600 USD
ORD Sale 106 28.5454 USD
ORD Sale 167 28.4840 USD
ORD Sale 244 28.4945 USD
ORD Sale 300 28.6866 USD
ORD Sale 300 28.4833 USD
ORD Sale 400 28.5525 USD
ORD Sale 500 28.4520 USD
ORD Sale 500 28.5322 USD
ORD Sale 500 28.4510 USD
ORD Sale 518 28.4826 USD
ORD Sale 530 28.4488 USD
ORD Sale 646 28.5200 USD
ORD Sale 700 28.6042 USD
ORD Sale 1,200 28.5209 USD
ORD Sale 1,500 28.4703 USD
ORD Sale 1,700 28.4900 USD
ORD Sale 1,756 28.4648 USD
ORD Sale 1,800 28.4841 USD
ORD Sale 2,097 28.5018 USD
ORD Sale 2,297 28.5009 USD
ORD Sale 2,438 28.5026 USD
ORD Sale 5,472 28.4863 USD
ORD Sale 5,700 28.4805 USD
ORD Sale 8,138 28.5157 USD
ORD Sale 18,364 28.4741 USD

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Expires 16/11/2015 Long 14,190 28.4900 USD
ORD SWAP Expires 16/12/2015 Long 117,400 27.4700 USD
ORD SWAP Expires 17/11/2015 Long 232,000 28.3800 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: 13 Oct 2015
Contact name: Jay Supaya
Telephone number: 020 7773 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 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 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 Call Options Written -1,400 27.5000 American 20 Nov 2015
ORD Call Options Purchased 700 30.0000 American 20 Nov 2015
ORD Call Options Written -15,700 37.5000 American 20 Nov 2015
ORD Put Options Written 4,900 40.0000 American 20 Nov 2015
ORD Call Options Purchased 3,900 32.5000 American 20 Nov 2015
ORD Call Options Written -2,500 30.0000 American 16 Oct 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.

Category Code: RET
Sequence Number: 489327
Time of Receipt (offset from UTC): 20151013T150020+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC