FORM 8.3 - FENNER 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 FENNER 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: 20 March 2018
(f) In addition to the company in 1(c) above, is the discloser making NO
  disclosures in respect of any other party to the offer?  

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:     25p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,070,680 1.58% 436,152 0.22%
           
(2) Cash-settled derivatives:
6,719 0.00% 2,427,472 1.25%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 3,077,399 1.59% 2,863,624 1.48%

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  
25p ordinary Purchase 215 6.1650 GBP
25p ordinary Purchase 1,514 6.1275 GBP
25p ordinary Purchase 3,466 6.1494 GBP
25p ordinary Purchase 4,344 6.1350 GBP
25p ordinary Purchase 7,810 6.1434 GBP
25p ordinary Purchase 9,422 6.1344 GBP
25p ordinary Purchase 10,040 6.1348 GBP
25p ordinary Purchase 13,327 6.1260 GBP
25p ordinary Purchase 16,602 6.1503 GBP
25p ordinary Purchase 30,693 6.1876 GBP
25p ordinary Purchase 33,019 6.1258 GBP
25p ordinary Purchase 34,390 6.1250 GBP
25p ordinary Purchase 38,409 6.1527 GBP
25p ordinary Purchase 44,440 6.1263 GBP
25p ordinary Purchase 193,700 6.1617 GBP
25p ordinary Purchase 206,315 6.1423 GBP
25p ordinary Purchase 746,682 6.1316 GBP
25p ordinary Purchase 766,599 6.1356 GBP
25p ordinary Sale 69 6.1730 GBP
25p ordinary Sale 263 6.1606 GBP
25p ordinary Sale 563 6.1337 GBP
25p ordinary Sale 1,040 6.1317 GBP
25p ordinary Sale 1,178 6.1289 GBP
25p ordinary Sale 4,173 6.1271 GBP
25p ordinary Sale 5,251 6.1257 GBP
25p ordinary Sale 7,801 6.1252 GBP
25p ordinary Sale 9,698 6.1626 GBP
25p ordinary Sale 11,239 6.1528 GBP
25p ordinary Sale 16,226 6.1302 GBP
25p ordinary Sale 21,077 6.1280 GBP
25p ordinary Sale 25,300 6.1300 GBP
25p ordinary Sale 41,501 6.1232 GBP
25p ordinary Sale 58,199 6.1564 GBP
25p ordinary Sale 69,508 6.1332 GBP
25p ordinary Sale 151,045 6.1286 GBP
25p ordinary Sale 154,679 6.1333 GBP
25p ordinary Sale 367,698 6.1319 GBP
25p ordinary Sale 397,623 6.1486 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
25p ordinary CFD Long 20 6.1395 GBP
25p ordinary CFD Long 361 6.1644 GBP
25p ordinary CFD Long 1,040 6.1317 GBP
25p ordinary CFD Long 1,782 6.2180 GBP
25p ordinary CFD Long 1,998 6.1394 GBP
25p ordinary CFD Long 21,077 6.1280 GBP
25p ordinary CFD Long 45,421 6.1271 GBP
25p ordinary SWAP Long 45,421 6.1271 GBP
25p ordinary SWAP Long 60,555 6.1308 GBP
25p ordinary SWAP Long 70,149 6.1258 GBP
25p ordinary CFD Long 151,045 6.1286 GBP
25p ordinary SWAP Short 238 6.1252 GBP
25p ordinary CFD Short 1,420 6.1655 GBP
25p ordinary CFD Short 1,514 6.1275 GBP
25p ordinary CFD Short 3,466 6.1494 GBP
25p ordinary SWAP Short 7,543 6.1532 GBP
25p ordinary CFD Short 7,810 6.1434 GBP
25p ordinary CFD Short 9,422 6.1344 GBP
25p ordinary CFD Short 10,040 6.1348 GBP
25p ordinary CFD Short 18,362 6.1402 GBP
25p ordinary SWAP Short 29,142 6.1250 GBP
25p ordinary CFD Short 30,693 6.1876 GBP
25p ordinary CFD Short 34,062 6.1341 GBP
25p ordinary CFD Short 38,409 6.1527 GBP
25p ordinary CFD Short 67,969 6.1305 GBP
25p ordinary SWAP Short 67,969 6.1305 GBP
25p ordinary CFD Short 113,558 6.1254 GBP
25p ordinary CFD Short 206,315 6.1423 GBP
25p ordinary CFD Short 563,955 6.1321 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: 21 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: 643560
Time of Receipt (offset from UTC): 20180321T143340+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC