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: 20 November 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: 89,755 0.06% 1,547,158 1.05%
           
(2) Cash-settled derivatives:
136,800 0.09% 561,970 0.38%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 22,800 0.02% 17,100 0.01%
           
 
TOTAL: 249,355 0.17% 2,126,228 1.45%

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 30.1800 USD
ORD Purchase 100 30.1900 USD
ORD Purchase 100 30.1600 USD
ORD Purchase 183 30.3900 USD
ORD Purchase 356 30.2300 USD
ORD Purchase 624 30.1479 USD
ORD Purchase 1,400 30.2143 USD
ORD Purchase 1,500 30.0996 USD
ORD Purchase 1,569 30.1847 USD
ORD Purchase 3,000 30.2661 USD
ORD Purchase 3,181 30.2882 USD
ORD Purchase 6,230 30.1721 USD
ORD Purchase 11,033 30.2465 USD
ORD Purchase 17,687 30.0000 USD
ORD Purchase 32,500 30.3304 USD
ORD Purchase 72,454 29.7200 USD
ORD Purchase 115,091 30.3477 USD
ORD Sale 95 30.1100 USD
ORD Sale 100 30.1600 USD
ORD Sale 165 30.3700 USD
ORD Sale 183 30.3900 USD
ORD Sale 300 30.0200 USD
ORD Sale 300 30.3400 USD
ORD Sale 356 30.2300 USD
ORD Sale 500 30.3720 USD
ORD Sale 700 30.3485 USD
ORD Sale 900 30.1801 USD
ORD Sale 1,402 30.3643 USD
ORD Sale 1,600 30.3571 USD
ORD Sale 2,083 30.2515 USD
ORD Sale 2,148 30.2731 USD
ORD Sale 2,433 30.2591 USD
ORD Sale 2,591 30.3249 USD
ORD Sale 4,462 30.2986 USD
ORD Sale 4,500 30.2106 USD
ORD Sale 4,600 30.3558 USD
ORD Sale 5,112 30.1868 USD
ORD Sale 6,181 30.3342 USD
ORD Sale 8,153 30.3423 USD
ORD Sale 9,211 30.1518 USD
ORD Sale 10,500 30.2965 USD
ORD Sale 22,000 30.3465 USD
ORD Sale 28,000 30.3519 USD
ORD Sale 72,454 29.7200 USD
ORD Sale 80,079 30.2777 USD

(b) Cash-settled derivative transactions

Class of relevant security   Product description

e.g. CFD

  Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

  Number of reference securities   Price per unit

(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: 23 Nov 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 -1,100 30.0000 American 18 Dec 2015
ORD Put Options Written 400 25.0000 American 20 Nov 2015
ORD Call Options Purchased 5,900 30.0000 American 20 Nov 2015
ORD Call Options Written -15,800 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 Put Options Purchased -200 20.0000 American 20 Nov 2015
ORD Call Options Purchased 7,700 27.5000 American 20 Nov 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.

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 496766
Time of Receipt (offset from UTC): 20151123T124630+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC