Form 8.5 (EPT/NON-RI) - MELROSE INDUSTRIES PLC

LONDON--()--

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Name of exempt principal trader:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose MELROSE INDUSTRIES PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt GKN PLC
  principal trader is connected  
(d) Date position held/dealing undertaken: 12 March 2018
(e) In addition to the company in 1(b) above, is the exempt principal YES:
  trader making disclosures in respect of any other party to the offer? GKN PLC

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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:       48/7p Oridinary
Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 17,716,164 0.91% 39,421,172 2.03%
           
(2) Cash-settled derivatives:
35,161,491 1.81% 5,357,000 0.28%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 52,877,655 2.72% 44,778,172 2.31%

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 EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), 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   Total number of   Highest price per unit   Lowest price per unit
security   securities paid/received paid/received
48/7p Oridinary Purchase 4,909,179 2.2276 GBP 2.1349 GBP
48/7p Oridinary Sale 2,815,006 2.2097 GBP 2.1308 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
48/7p Oridinary SWAP Long 300 2.1472 GBP
48/7p Oridinary SWAP Long 1,863 2.1741 GBP
48/7p Oridinary SWAP Long 2,794 2.1308 GBP
48/7p Oridinary SWAP Long 2,860 2.1588 GBP
48/7p Oridinary CFD Long 15,000 2.2044 GBP
48/7p Oridinary SWAP Long 22,575 2.1712 GBP
48/7p Oridinary SWAP Long 23,446 2.1531 GBP
48/7p Oridinary SWAP Long 35,437 2.2444 GBP
48/7p Oridinary CFD Long 68,531 2.1510 GBP
48/7p Oridinary CFD Long 70,814 2.1643 GBP
48/7p Oridinary SWAP Long 92,634 2.1745 GBP
48/7p Oridinary SWAP Long 150,605 2.1706 GBP
48/7p Oridinary CFD Long 186,364 2.1725 GBP
48/7p Oridinary CFD Long 271,428 2.1593 GBP
48/7p Oridinary CFD Long 349,087 2.1350 GBP
48/7p Oridinary CFD Long 448,742 2.1628 GBP
48/7p Oridinary CFD Long 500,000 2.2097 GBP
48/7p Oridinary SWAP Short 1,000 2.1610 GBP
48/7p Oridinary SWAP Short 2,096 2.1514 GBP
48/7p Oridinary SWAP Short 4,220 2.1326 GBP
48/7p Oridinary CFD Short 4,384 2.2256 GBP
48/7p Oridinary CFD Short 12,922 2.1540 GBP
48/7p Oridinary CFD Short 15,000 2.2462 GBP
48/7p Oridinary CFD Short 15,504 2.1603 GBP
48/7p Oridinary SWAP Short 22,490 2.1337 GBP
48/7p Oridinary CFD Short 25,000 2.2635 GBP
48/7p Oridinary SWAP Short 36,258 2.1367 GBP
48/7p Oridinary CFD Short 38,638 2.1679 GBP
48/7p Oridinary CFD Short 43,587 2.1351 GBP
48/7p Oridinary CFD Short 43,590 2.1552 GBP
48/7p Oridinary SWAP Short 60,109 2.1510 GBP
48/7p Oridinary SWAP Short 62,177 2.1880 GBP
48/7p Oridinary CFD Short 125,000 2.1755 GBP
48/7p Oridinary SWAP Short 176,134 2.1437 GBP
48/7p Oridinary CFD Short 207,274 2.2276 GBP
48/7p Oridinary CFD Short 212,201 2.1601 GBP
48/7p Oridinary CFD Short 215,484 2.2121 GBP
48/7p Oridinary CFD Short 246,980 2.2124 GBP
48/7p Oridinary SWAP Short 560,859 2.1432 GBP
48/7p Oridinary SWAP Short 1,016,532 2.1509 GBP
48/7p Oridinary CFD Short 1,204,681 2.1357 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 exempt principal trader 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 exempt principal trader 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: 13 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: FEO
Sequence Number: 642877
Time of Receipt (offset from UTC): 20180313T102109+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC