Form 8.3 - PACE PLC

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 PACE PLC
  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: 24 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? ARRIS GROUP INC

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: 4,709,838 1.47% 242,113 0.08%
           
(2) Cash-settled derivatives:
94,767 0.03% 3,449,767 1.08%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 4,804,605 1.50% 3,691,880 1.15%

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 11 4.0170 GBP
ORD Purchase 100 3.7920 GBP
ORD Purchase 945 3.9140 GBP
ORD Purchase 1,443 3.8799 GBP
ORD Purchase 1,468 3.9053 GBP
ORD Purchase 1,637 3.8843 GBP
ORD Purchase 2,364 3.8949 GBP
ORD Purchase 6,735 3.8681 GBP
ORD Purchase 13,692 3.8611 GBP
ORD Purchase 14,880 3.8941 GBP
ORD Sale 148 3.8990 GBP
ORD Sale 194 3.9143 GBP
ORD Sale 522 3.8783 GBP
ORD Sale 615 3.8713 GBP
ORD Sale 915 3.8840 GBP
ORD Sale 945 3.9140 GBP
ORD Sale 1,200 3.8890 GBP
ORD Sale 3,583 3.8813 GBP
ORD Sale 4,202 3.8116 GBP
ORD Sale 17,000 3.8978 GBP
ORD Sale 24,049 3.8909 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 194 3.9143 GBP
ORD CFD Long 522 3.8783 GBP
ORD SWAP Long 600 3.8999 GBP
ORD CFD Long 615 3.8713 GBP
ORD CFD Long 1,795 3.8994 GBP
ORD SWAP Long 3,219 3.8946 GBP
ORD CFD Long 3,304 3.8948 GBP
ORD SWAP Long 8,415 3.8935 GBP
ORD CFD Long 9,500 3.8996 GBP
ORD CFD Long 5,034 3.8875 GBP
ORD SWAP Long 15,017 3.8861 GBP
ORD SWAP Short 819 3.8516 GBP
ORD CFD Short 3,500 3.8945 GBP
ORD CFD Short 3,501 3.9073 GBP
ORD CFD Short 7,500 3.8551 GBP
ORD CFD Short 7,927 3.8984 GBP
ORD SWAP Short 12,578 3.8862 GBP

(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:
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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 25 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.

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 497273
Time of Receipt (offset from UTC): 20151125T125130+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC