Form 8.3 - RSA INSURANCE GROUP 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 RSA INSURANCE GROUP 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: 28 July 2015
(f) In addition to the company in 1(c) above, is the discloser making NO
  disclosures in respect of any other party to the offer?  

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: 8,724,188 0.86% 7,344,042 0.72%
           
(2) Cash-settled derivatives:
5,600,480 0.55% 1,218,437 0.12%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 3,650,000 0.36%
           
(4)
TOTAL: 14,324,668 1.41% 12,212,479 1.20%

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 7 4.8725 GBP
ORD Purchase 37 4.3780 GBP
ORD Purchase 70 5.1577 GBP
ORD Purchase 132 4.8381 GBP
ADR Purchase 200 8.2850 USD
ORD Purchase 226 4.9050 GBP
ADR Purchase 261 8.2591 USD
ORD Purchase 294 5.0025 GBP
ORD Purchase 300 5.0200 GBP
ORD Purchase 336 4.9600 GBP
ORD Purchase 356 4.9920 GBP
ORD Purchase 366 4.8476 GBP
ORD Purchase 371 5.1200 GBP
ORD Purchase 440 4.8408 GBP
ORD Purchase 461 5.0099 GBP
ORD Purchase 468 4.8940 GBP
ORD Purchase 508 4.8570 GBP
ORD Purchase 534 5.0004 GBP
ORD Purchase 547 4.9010 GBP
ORD Purchase 673 4.9610 GBP
ORD Purchase 741 4.8685 GBP
ORD Purchase 760 4.9565 GBP
ORD Purchase 795 4.8980 GBP
ORD Purchase 815 4.8440 GBP
ORD Purchase 815 4.8610 GBP
ORD Purchase 815 4.8660 GBP
ORD Purchase 815 4.8795 GBP
ORD Purchase 816 5.0375 GBP
ORD Purchase 820 4.9200 GBP
ORD Purchase 821 5.0425 GBP
ORD Purchase 837 4.8760 GBP
ORD Purchase 845 5.1250 GBP
ORD Purchase 847 4.8540 GBP
ORD Purchase 848 4.9009 GBP
ORD Purchase 888 4.8950 GBP
ORD Purchase 910 4.9510 GBP
ORD Purchase 1,052 4.8510 GBP
ORD Purchase 1,074 5.0250 GBP
ORD Purchase 1,085 4.8805 GBP
ORD Purchase 1,085 4.9155 GBP
ORD Purchase 1,085 4.9186 GBP
ORD Purchase 1,099 4.8576 GBP
ORD Purchase 1,103 5.0150 GBP
ORD Purchase 1,128 4.8568 GBP
ORD Purchase 1,140 4.8450 GBP
ORD Purchase 1,167 4.9014 GBP
ORD Purchase 1,271 4.8970 GBP
ORD Purchase 1,317 4.8835 GBP
ORD Purchase 1,317 4.8930 GBP
ORD Purchase 1,500 5.0050 GBP
ORD Purchase 1,615 4.8810 GBP
ORD Purchase 1,630 4.8520 GBP
ORD Purchase 1,683 4.9090 GBP
ORD Purchase 1,686 4.9490 GBP
ORD Purchase 1,713 5.1500 GBP
ORD Purchase 1,846 4.9030 GBP
ORD Purchase 2,008 4.9809 GBP
ORD Purchase 2,170 4.9298 GBP
ORD Purchase 2,342 4.8985 GBP
ORD Purchase 2,592 5.0300 GBP
ORD Purchase 2,602 4.9950 GBP
ORD Purchase 2,632 4.9500 GBP
ORD Purchase 2,672 4.9045 GBP
ORD Purchase 2,846 4.8745 GBP
ORD Purchase 2,854 4.8530 GBP
ORD Purchase 2,903 5.0000 GBP
ORD Purchase 3,544 4.9070 GBP
ORD Purchase 3,715 4.8975 GBP
ORD Purchase 3,892 4.8750 GBP
ORD Purchase 4,022 4.8865 GBP
ORD Purchase 4,141 4.8410 GBP
ORD Purchase 4,556 4.8420 GBP
ORD Purchase 5,131 4.8900 GBP
ORD Purchase 5,267 5.0450 GBP
ORD Purchase 6,073 4.8480 GBP
ORD Purchase 6,271 4.9080 GBP
ORD Purchase 7,098 4.9040 GBP
ORD Purchase 7,502 4.8460 GBP
ORD Purchase 8,373 5.0070 GBP
ORD Purchase 9,375 4.8490 GBP
ORD Purchase 11,285 5.0169 GBP
ORD Purchase 12,484 5.1256 GBP
ORD Purchase 13,193 4.8700 GBP
ORD Purchase 13,690 4.8600 GBP
ORD Purchase 14,007 4.9000 GBP
ORD Purchase 14,239 5.1550 GBP
ORD Purchase 14,786 5.1800 GBP
ORD Purchase 16,104 4.8500 GBP
ORD Purchase 17,955 4.9830 GBP
ORD Purchase 18,360 4.8550 GBP
ORD Purchase 18,361 5.0426 GBP
ORD Purchase 21,374 5.0600 GBP
ORD Purchase 22,056 5.1600 GBP
ORD Purchase 25,562 4.9997 GBP
ORD Purchase 38,053 4.8939 GBP
ORD Purchase 41,741 5.1000 GBP
ORD Purchase 47,322 5.1120 GBP
ORD Purchase 48,812 5.1854 GBP
ORD Purchase 49,424 5.0019 GBP
ORD Purchase 52,550 5.0115 GBP
ORD Purchase 82,699 4.9100 GBP
ORD Purchase 93,157 4.9823 GBP
ORD Purchase 111,800 4.8586 GBP
ORD Purchase 124,727 4.9458 GBP
ORD Purchase 187,637 4.9484 GBP
ORD Purchase 189,919 5.0662 GBP
ORD Purchase 243,847 4.9649 GBP
ORD Purchase 251,057 4.9518 GBP
ORD Purchase 276,723 5.0009 GBP
ORD Purchase 286,176 4.9074 GBP
ORD Purchase 300,000 4.9844 GBP
ORD Purchase 400,000 4.9992 GBP
ORD Purchase 431,215 5.0714 GBP
ORD Purchase 876,504 5.1850 GBP
ORD Sale 7 4.8725 GBP
ORD Sale 132 4.8381 GBP
ORD Sale 162 4.8939 GBP
ORD Sale 192 5.0569 GBP
ADR Sale 200 8.2850 USD
ORD Sale 226 4.9050 GBP
ADR Sale 261 8.2591 USD
ORD Sale 300 5.0200 GBP
ORD Sale 336 4.9600 GBP
ORD Sale 356 4.9920 GBP
ORD Sale 366 4.8476 GBP
ORD Sale 371 5.1200 GBP
ORD Sale 440 4.8408 GBP
ORD Sale 456 4.8670 GBP
ORD Sale 468 4.8940 GBP
ORD Sale 508 4.8570 GBP
ORD Sale 534 5.0004 GBP
ORD Sale 665 4.8700 GBP
ORD Sale 673 4.9610 GBP
ORD Sale 741 4.8685 GBP
ORD Sale 760 4.9565 GBP
ORD Sale 800 4.8810 GBP
ORD Sale 815 4.8795 GBP
ORD Sale 816 5.0375 GBP
ORD Sale 821 5.0425 GBP
ORD Sale 837 4.8760 GBP
ORD Sale 847 4.8540 GBP
ORD Sale 848 4.9009 GBP
ORD Sale 893 4.8550 GBP
ORD Sale 910 4.9510 GBP
ORD Sale 1,074 5.0250 GBP
ORD Sale 1,085 4.8805 GBP
ORD Sale 1,085 4.9155 GBP
ORD Sale 1,085 4.9186 GBP
ORD Sale 1,085 4.9298 GBP
ORD Sale 1,099 4.8576 GBP
ORD Sale 1,103 5.0150 GBP
ORD Sale 1,128 4.8568 GBP
ORD Sale 1,167 4.9014 GBP
ORD Sale 1,271 4.8970 GBP
ORD Sale 1,317 4.8835 GBP
ORD Sale 1,317 4.8930 GBP
ORD Sale 1,541 4.9080 GBP
ORD Sale 1,686 4.9490 GBP
ORD Sale 1,713 5.1500 GBP
ORD Sale 1,744 4.9070 GBP
ORD Sale 1,793 4.8480 GBP
ORD Sale 2,177 4.8600 GBP
ORD Sale 2,342 4.8985 GBP
ORD Sale 2,592 5.0300 GBP
ORD Sale 2,602 4.9950 GBP
ORD Sale 2,672 4.9045 GBP
ORD Sale 2,846 4.8745 GBP
ORD Sale 2,903 5.0000 GBP
ORD Sale 2,977 4.8490 GBP
ORD Sale 3,000 5.0050 GBP
ORD Sale 3,326 4.8410 GBP
ORD Sale 3,892 4.8750 GBP
ORD Sale 4,022 4.8865 GBP
ORD Sale 5,131 4.8900 GBP
ORD Sale 5,494 4.9100 GBP
ORD Sale 5,853 5.0462 GBP
ORD Sale 6,353 4.9876 GBP
ORD Sale 7,098 4.9040 GBP
ORD Sale 7,196 5.1250 GBP
ORD Sale 7,287 5.0479 GBP
ORD Sale 7,962 5.1550 GBP
ORD Sale 8,321 4.8500 GBP
ORD Sale 9,897 4.8919 GBP
ORD Sale 14,786 5.1800 GBP
ORD Sale 17,955 4.9830 GBP
ORD Sale 19,931 5.1151 GBP
ORD Sale 20,000 5.0750 GBP
ORD Sale 23,078 5.1900 GBP
ORD Sale 25,000 4.9770 GBP
ORD Sale 25,000 5.0450 GBP
ORD Sale 25,000 5.0600 GBP
ORD Sale 25,000 5.1300 GBP
ORD Sale 26,453 5.0227 GBP
ORD Sale 27,537 5.1845 GBP
ORD Sale 27,632 4.9500 GBP
ORD Sale 31,904 5.0345 GBP
ORD Sale 33,000 4.9000 GBP
ORD Sale 33,553 5.0762 GBP
ORD Sale 36,757 5.0566 GBP
ORD Sale 43,242 5.0025 GBP
ORD Sale 50,000 5.2000 GBP
ORD Sale 53,424 5.1000 GBP
ORD Sale 53,961 5.0991 GBP
ORD Sale 64,403 5.1850 GBP
ORD Sale 75,308 5.0271 GBP
ORD Sale 76,485 5.1869 GBP
ORD Sale 79,552 5.0275 GBP
ORD Sale 80,000 4.9404 GBP
ORD Sale 103,469 5.0672 GBP
ORD Sale 127,500 4.9664 GBP
ORD Sale 166,811 4.9741 GBP
ORD Sale 245,584 4.9757 GBP
ORD Sale 312,182 4.9789 GBP
ORD Sale 475,706 5.1148 GBP
ORD Sale 635,000 4.9020 GBP
ORD Sale 1,426,975 4.9460 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 200 5.2345 GBP
ORD CFD Long 5,000 4.9936 GBP
ORD CFD Long 5,190 4.8448 GBP
ORD CFD Long 5,389 4.8404 GBP
ORD CFD Long 6,281 4.8696 GBP
ORD CFD Long 10,000 4.9496 GBP
ORD CFD Long 11,412 4.9881 GBP
ORD CFD Long 15,021 4.8452 GBP
ORD CFD Long 20,000 4.9000 GBP
ORD CFD Long 20,166 4.8464 GBP
ORD CFD Long 25,000 4.8796 GBP
ORD CFD Long 25,000 4.9166 GBP
ORD CFD Long 25,481 5.0761 GBP
ORD CFD Long 27,537 5.1845 GBP
ORD CFD Long 36,757 5.0566 GBP
ORD CFD Long 50,000 5.0095 GBP
ORD SWAP Long 51,099 5.0635 GBP
ORD CFD Long 70,000 4.9036 GBP
ORD SWAP Long 109,368 5.0015 GBP
ORD SWAP Long 149,957 5.1243 GBP
ORD CFD Long 241,683 5.0934 GBP
ORD CFD Long 306,912 4.8897 GBP
ORD CFD Long 440,000 4.8996 GBP
ORD CFD Short 199 5.2104 GBP
ORD CFD Short 1,628 4.8755 GBP
ORD CFD Short 3,012 5.0070 GBP
ORD SWAP Short 7,797 4.9787 GBP
ORD SWAP Short 12,484 5.1256 GBP
ORD CFD Short 20,000 5.2005 GBP
ORD CFD Short 22,550 4.9986 GBP
ORD SWAP Short 45,985 4.9183 GBP
ORD CFD Short 47,322 5.1120 GBP
ORD CFD Short 48,812 5.1854 GBP
ORD CFD Short 73,576 5.1718 GBP
ORD SWAP Short 93,157 4.9822 GBP
ORD CFD Short 100,000 5.1745 GBP
ORD SWAP Short 109,456 4.9713 GBP
ORD CFD Short 57,805 4.9113 GBP
ORD CFD Short 116,343 4.9993 GBP
ORD SWAP Short 208,041 4.9864 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:

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: 29 Jul 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 RSA INSURANCE GROUP PLC
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 -3,650,000 540.0000 American 17 Jun 2016

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: 477148
Time of Receipt (offset from UTC): 20150729T134050+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC