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 FRIENDS LIFE GROUP LIMITED
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt FRIENDS LIFE GROUP LIMITED
  principal trader is connected  
(d) Date position held/dealing undertaken: 11 December 2014
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect AVIVA PLC
  of any other party to this offer?  

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: 5,465,072 0.39% 1,190,213 0.08%
           
(2) Derivatives (other than
options): 897,180 0.06% 2,944,593 0.21%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 6,362,252 0.45% 4,134,806 0.29%

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 150 3.7080 GBP
ORD Purchase 191 3.6710 GBP
ORD Purchase 244 3.6790 GBP
ORD Purchase 294 3.6860 GBP
ORD Purchase 304 3.7010 GBP
ORD Purchase 339 3.6680 GBP
ORD Purchase 402 3.6620 GBP
ORD Purchase 510 3.6600 GBP
ORD Purchase 518 3.6720 GBP
ORD Purchase 560 3.6590 GBP
ORD Purchase 620 3.6830 GBP
ORD Purchase 671 3.6580 GBP
ORD Purchase 671 3.6880 GBP
ORD Purchase 684 3.6940 GBP
ORD Purchase 700 3.6810 GBP
ORD Purchase 792 3.6864 GBP
ORD Purchase 1,029 3.6780 GBP
ORD Purchase 1,156 3.6740 GBP
ORD Purchase 1,309 3.7000 GBP
ORD Purchase 1,402 3.7050 GBP
ORD Purchase 1,451 3.6930 GBP
ORD Purchase 1,610 3.6910 GBP
ORD Purchase 2,510 3.6850 GBP
ORD Purchase 2,879 3.6872 GBP
ORD Purchase 3,388 3.6900 GBP
ORD Purchase 5,534 3.6858 GBP
ORD Purchase 11,637 3.6843 GBP
ORD Purchase 11,777 3.6870 GBP
ORD Purchase 12,923 3.6837 GBP
ORD Purchase 17,003 3.6815 GBP
ORD Purchase 51,128 3.6806 GBP
ORD Purchase 250,000 3.6907 GBP
ORD Purchase 331,310 3.6730 GBP
ORD Sale 150 3.7080 GBP
ORD Sale 191 3.6710 GBP
ORD Sale 244 3.6790 GBP
ORD Sale 304 3.7010 GBP
ORD Sale 339 3.6680 GBP
ORD Sale 402 3.6620 GBP
ORD Sale 510 3.6600 GBP
ORD Sale 518 3.6720 GBP
ORD Sale 539 3.6810 GBP
ORD Sale 560 3.6590 GBP
ORD Sale 620 3.6830 GBP
ORD Sale 671 3.6580 GBP
ORD Sale 671 3.6880 GBP
ORD Sale 684 3.6940 GBP
ORD Sale 1,029 3.6780 GBP
ORD Sale 1,156 3.6740 GBP
ORD Sale 1,210 3.6870 GBP
ORD Sale 1,402 3.7050 GBP
ORD Sale 1,451 3.6930 GBP
ORD Sale 1,610 3.6910 GBP
ORD Sale 1,976 3.7000 GBP
ORD Sale 2,510 3.6850 GBP
ORD Sale 3,388 3.6900 GBP
ORD Sale 3,990 3.6779 GBP
ORD Sale 4,371 3.6732 GBP
ORD Sale 9,050 3.6860 GBP
ORD Sale 11,800 3.6844 GBP
ORD Sale 18,593 3.6986 GBP
ORD Sale 327,100 3.6730 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 2 3.6850 GBP
ORD SWAP Long 22,581 3.6949 GBP
ORD CFD Short 1,996 3.6872 GBP
ORD SWAP Short 5,692 3.6804 GBP
ORD SWAP Short 22,424 3.6846 GBP
ORD SWAP Short 46,499 3.6792 GBP
ORD CFD Short 250,000 3.6907 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: 12 Dec 2014
Contact name: Sushil Vashisht
Telephone number: 020 7773 0744

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: 444547
Time of Receipt (offset from UTC): 20141212T115108+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC