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: 26 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: 91,041,772 5.30% 4,485,412 0.26%
           
(2) Cash-settled derivatives:
3,250,390 0.19% 88,243,219 5.14%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 94,292,162 5.49% 92,728,631 5.40%

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 7 4.3130 GBP
ADR Purchase 500 5.9300 USD
10p ordinary Purchase 736 4.2930 GBP
10p ordinary Purchase 774 4.2890 GBP
10p ordinary Purchase 2,583 4.3010 GBP
ADR Purchase 7,200 5.9600 USD
10p ordinary Purchase 8,100 4.3131 GBP
10p ordinary Purchase 11,030 4.2997 GBP
10p ordinary Purchase 16,617 4.2967 GBP
10p ordinary Purchase 17,515 4.2709 GBP
10p ordinary Purchase 42,554 4.2969 GBP
10p ordinary Purchase 64,425 4.1965 GBP
10p ordinary Purchase 66,541 4.2854 GBP
10p ordinary Purchase 153,872 4.2833 GBP
10p ordinary Purchase 164,320 4.2876 GBP
10p ordinary Purchase 500,000 4.2925 GBP
10p ordinary Purchase 510,575 4.2982 GBP
10p ordinary Purchase 561,628 4.2998 GBP
10p ordinary Purchase 575,000 4.2980 GBP
10p ordinary Purchase 700,000 4.2965 GBP
10p ordinary Purchase 800,000 4.2788 GBP
10p ordinary Purchase 1,000,000 4.2839 GBP
10p ordinary Purchase 1,000,000 4.2802 GBP
10p ordinary Purchase 1,000,000 4.3049 GBP
10p ordinary Sale 7 4.3130 GBP
10p ordinary Sale 184 4.2900 GBP
ADR Sale 500 5.9300 USD
10p ordinary Sale 626 4.3000 GBP
10p ordinary Sale 2,788 4.2911 GBP
10p ordinary Sale 6,619 4.3122 GBP
ADR Sale 7,200 5.9600 USD
10p ordinary Sale 19,662 4.2952 GBP
10p ordinary Sale 29,079 4.2996 GBP
10p ordinary Sale 32,769 4.2958 GBP
10p ordinary Sale 39,083 4.3022 GBP
10p ordinary Sale 70,886 4.2832 GBP
10p ordinary Sale 198,998 4.2976 GBP
10p ordinary Sale 546,607 4.3001 GBP
10p ordinary Sale 776,664 4.2980 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
10p ordinary CFD Long 500 4.2896 GBP
10p ordinary SWAP Long 729 4.2979 GBP
10p ordinary CFD Long 2,788 4.2911 GBP
10p ordinary SWAP Long 3,514 4.2663 GBP
10p ordinary CFD Long 3,975 4.3106 GBP
10p ordinary CFD Long 6,619 4.3122 GBP
10p ordinary CFD Long 8,600 4.2836 GBP
10p ordinary SWAP Long 18,670 4.3000 GBP
10p ordinary CFD Long 19,018 4.3131 GBP
10p ordinary SWAP Long 114,465 4.2846 GBP
10p ordinary SWAP Long 336,026 4.3008 GBP
10p ordinary CFD Long 375,165 4.2996 GBP
10p ordinary CFD Short 7,200 4.3013 GBP
10p ordinary CFD Short 11,030 4.2997 GBP
10p ordinary SWAP Short 11,401 4.2935 GBP
10p ordinary CFD Short 16,617 4.2967 GBP
10p ordinary SWAP Expires 28/03/2019 Short 17,515 4.2709 GBP
10p ordinary SWAP Expires 28/03/2019 Short 25,000 4.2982 GBP
10p ordinary SWAP Short 42,554 4.2969 GBP
10p ordinary SWAP Expires 28/03/2019 Short 64,425 4.1965 GBP
10p ordinary SWAP Short 70,578 4.2926 GBP
10p ordinary SWAP Expires 28/03/2019 Short 485,575 4.2981 GBP
10p ordinary SWAP Expires 28/03/2019 Short 700,000 4.2965 GBP
10p ordinary SWAP Expires 28/03/2019 Short 942,635 4.2788 GBP
10p ordinary SWAP Short 942,635 4.2788 GBP
10p ordinary SWAP Expires 28/03/2019 Short 1,000,000 4.2802 GBP
10p ordinary SWAP Expires 28/03/2019 Short 1,000,000 4.2839 GBP
10p ordinary SWAP Expires 28/03/2019 Short 1,000,000 4.3049 GBP
10p ordinary SWAP Expires 28/03/2019 Short 1,075,000 4.2955 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: 27 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: 642099
Time of Receipt (offset from UTC): 20180227T114754+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC