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: 06 March 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: 93,141,006 5.42% 2,879,814 0.17%
           
(2) Cash-settled derivatives:
1,776,863 0.10% 90,852,696 5.29%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 94,917,869 5.52% 93,732,510 5.45%

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 83 4.2616 GBP
10p ordinary Purchase 144 4.2433 GBP
10p ordinary Purchase 225 4.2622 GBP
ADR Purchase 510 5.8300 USD
10p ordinary Purchase 613 4.2490 GBP
10p ordinary Purchase 708 4.2587 GBP
10p ordinary Purchase 746 4.2600 GBP
ADR Purchase 1,000 5.8600 USD
10p ordinary Purchase 1,263 4.2545 GBP
10p ordinary Purchase 1,585 4.2516 GBP
10p ordinary Purchase 3,029 4.2583 GBP
10p ordinary Purchase 4,589 4.2310 GBP
10p ordinary Purchase 5,040 4.2495 GBP
10p ordinary Purchase 5,800 4.2110 GBP
10p ordinary Purchase 8,040 4.2108 GBP
10p ordinary Purchase 9,209 4.2384 GBP
10p ordinary Purchase 11,740 4.2350 GBP
10p ordinary Purchase 23,518 4.2580 GBP
10p ordinary Purchase 52,116 4.2235 GBP
10p ordinary Purchase 72,269 4.2631 GBP
10p ordinary Purchase 200,202 4.2439 GBP
10p ordinary Purchase 336,349 4.2907 GBP
10p ordinary Purchase 930,481 4.2221 GBP
ADR Sale 510 5.8300 USD
10p ordinary Sale 613 4.2490 GBP
10p ordinary Sale 782 4.2500 GBP
ADR Sale 1,000 5.8600 USD
10p ordinary Sale 1,538 4.2834 GBP
10p ordinary Sale 1,594 4.2608 GBP
10p ordinary Sale 2,878 4.2362 GBP
10p ordinary Sale 3,144 4.2495 GBP
10p ordinary Sale 4,652 4.2487 GBP
10p ordinary Sale 4,967 4.2380 GBP
10p ordinary Sale 8,219 4.2722 GBP
10p ordinary Sale 16,029 4.2804 GBP
10p ordinary Sale 21,718 4.2836 GBP
10p ordinary Sale 22,490 4.2346 GBP
10p ordinary Sale 52,444 4.2211 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 1,000 4.2576 GBP
10p ordinary SWAP Long 1,332 4.2619 GBP
10p ordinary CFD Long 1,538 4.2834 GBP
10p ordinary SWAP Long 8,684 4.2280 GBP
10p ordinary SWAP Long 16,029 4.2804 GBP
10p ordinary CFD Long 22,490 4.2346 GBP
10p ordinary SWAP Long 27,605 4.2822 GBP
10p ordinary SWAP Short 334 4.2510 GBP
10p ordinary CFD Short 5,561 4.2278 GBP
10p ordinary CFD Short 23,518 4.2580 GBP
10p ordinary CFD Short 25,480 4.2236 GBP
10p ordinary CFD Short 26,636 4.2234 GBP
10p ordinary SWAP Short 72,420 4.2110 GBP
10p ordinary SWAP Short 158,877 4.2573 GBP
10p ordinary CFD Short 200,202 4.2439 GBP
10p ordinary CFD Short 329,100 4.2113 GBP
10p ordinary CFD Short 336,349 4.2907 GBP
10p ordinary SWAP Short 431,358 4.2259 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: 7 Mar 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: 642557
Time of Receipt (offset from UTC): 20180307T115937+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC