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: 17 September 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: 75,384 0.05% 505,000 0.34%
           
(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% 18,400 0.01%
           
(4)
TOTAL: 209,884 0.15% 937,759 0.64%

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 60 27.8633 USD
ORD Purchase 100 27.7000 USD
ORD Purchase 100 27.7100 USD
ORD Purchase 100 27.8900 USD
ORD Purchase 150 28.0333 USD
ORD Purchase 200 27.8800 USD
ORD Purchase 400 27.8250 USD
ORD Purchase 400 27.9775 USD
ORD Purchase 432 27.9634 USD
ORD Purchase 500 27.8988 USD
ORD Purchase 528 27.8997 USD
ORD Purchase 634 27.7798 USD
ORD Purchase 800 27.8281 USD
ORD Purchase 800 27.8375 USD
ORD Purchase 890 27.8904 USD
ORD Purchase 900 27.9011 USD
ORD Purchase 1,000 27.8715 USD
ORD Purchase 1,037 27.8599 USD
ORD Purchase 1,700 27.7335 USD
ORD Purchase 1,700 27.7964 USD
ORD Purchase 1,824 27.8901 USD
ORD Purchase 1,835 27.7861 USD
ORD Purchase 2,400 27.8641 USD
ORD Purchase 3,000 27.8508 USD
ORD Purchase 3,060 27.9215 USD
ORD Purchase 3,200 27.8512 USD
ORD Purchase 5,303 27.8334 USD
ORD Purchase 7,258 27.8742 USD
ORD Purchase 87,742 27.8400 USD
ORD Sale 24 27.7200 USD
ORD Sale 100 27.6900 USD
ORD Sale 100 28.0801 USD
ORD Sale 100 27.9600 USD
ORD Sale 100 27.8500 USD
ORD Sale 100 27.8300 USD
ORD Sale 200 27.8600 USD
ORD Sale 300 27.8533 USD
ORD Sale 400 27.9300 USD
ORD Sale 400 27.7100 USD
ORD Sale 900 27.8578 USD
ORD Sale 1,100 27.8594 USD
ORD Sale 1,400 27.8556 USD
ORD Sale 1,800 27.8478 USD
ORD Sale 1,900 27.8588 USD
ORD Sale 2,260 27.8453 USD
ORD Sale 3,043 27.8574 USD
ORD Sale 5,869 27.7711 USD
ORD Sale 6,120 27.9215 USD
ORD Sale 14,095 27.8634 USD
ORD Sale 87,742 27.8400 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: 18 Sep 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.

143221.01

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 -1,500 27.5000 American 18 Sep 2015
ORD Call Options Written -1,300 27.5000 American 20 Nov 2015
ORD Call Options Purchased 700 30.0000 American 20 Nov 2015
ORD Call Options Written -13,100 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.

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 485319
Time of Receipt (offset from UTC): 20150918T143706+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC