Form 8.3 - GKN 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 GKN 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: 23 February 2018
(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? MELROSE INDUSTRIES 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:       10p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 85,095,153 4.95% 4,011,091 0.23%
           
(2) Cash-settled derivatives:
3,044,154 0.18% 82,457,522 4.80%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 88,139,307 5.13% 86,468,613 5.03%

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  
10p ordinary Purchase 100 4.2690 GBP
10p ordinary Purchase 134 4.2665 GBP
10p ordinary Purchase 742 4.2620 GBP
10p ordinary Purchase 820 4.2670 GBP
10p ordinary Purchase 2,000 4.2650 GBP
10p ordinary Purchase 3,912 4.2659 GBP
10p ordinary Purchase 4,679 4.2689 GBP
10p ordinary Purchase 4,768 4.2757 GBP
10p ordinary Purchase 4,890 4.2674 GBP
10p ordinary Purchase 6,984 4.2560 GBP
10p ordinary Purchase 14,249 4.2502 GBP
10p ordinary Purchase 28,411 4.2581 GBP
10p ordinary Purchase 28,932 4.2610 GBP
10p ordinary Purchase 86,655 4.2653 GBP
10p ordinary Purchase 476,041 4.2606 GBP
10p ordinary Purchase 497,413 4.2604 GBP
10p ordinary Purchase 929,988 4.2611 GBP
10p ordinary Sale 777 4.2629 GBP
10p ordinary Sale 817 4.2583 GBP
10p ordinary Sale 4,679 4.2691 GBP
10p ordinary Sale 19,055 4.2608 GBP
10p ordinary Sale 19,625 4.2473 GBP
10p ordinary Sale 20,559 4.2592 GBP
10p ordinary Sale 50,390 4.2643 GBP
10p ordinary Sale 59,751 4.2640 GBP
10p ordinary Sale 61,234 4.2615 GBP
10p ordinary Sale 66,678 4.2415 GBP
10p ordinary Sale 79,862 4.2651 GBP
10p ordinary Sale 117,660 4.2634 GBP

=

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
10p ordinary SWAP Long 13,336 4.2650 GBP
10p ordinary CFD Long 19,625 4.2473 GBP
10p ordinary SWAP Long 44,813 4.2655 GBP
10p ordinary CFD Long 59,751 4.2640 GBP
10p ordinary SWAP Long 66,678 4.2415 GBP
10p ordinary SWAP Long 109,901 4.2628 GBP
10p ordinary SWAP Short 668 4.2490 GBP
10p ordinary SWAP Short 1,882 4.2768 GBP
10p ordinary CFD Short 3,912 4.2659 GBP
10p ordinary SWAP Short 4,890 4.2674 GBP
10p ordinary SWAP Short 6,392 4.2660 GBP
10p ordinary SWAP Short 28,932 4.2610 GBP
10p ordinary SWAP Short 38,881 4.2535 GBP
10p ordinary SWAP Short 92,228 4.2474 GBP
10p ordinary CFD Short 307,659 4.2653 GBP
10p ordinary SWAP Expires 27/03/2019 Short 497,413 4.2604 GBP
10p ordinary SWAP Expires 27/03/2019 Short 929,988 4.2611 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”

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”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 26 Feb 2018
Contact name: Elise Tang
Telephone number: 0207 1163 001

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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: 642017
Time of Receipt (offset from UTC): 20180226T125409+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC