Form 8.3 - INTU PROPERTIES 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 INTU PROPERTIES 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: 21 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? HAMMERSON 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:       50p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 49,125,304 3.63% 47,314,254 3.49%
           
(2) Cash-settled derivatives:
8,541,461 0.63% 6,754,142 0.50%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 57,666,765 4.26% 54,068,396 3.99%
Class of relevant security:       Convertible Bond 2022 XS1511910025        
Interests Short Positions
    Number   (%) Number (%)
(1) Relevant securities owned
and/or controlled: 2,400,000 0.64% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 2,400,000 0.64% 0 0.00%
Class of relevant security:       Convertible Bond 2018 XS0834486796        
Interests Short Positions
    Number   (%) Number (%)
(1) Relevant securities owned
and/or controlled: 2,300,000 1.43% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 2,300,000 1.43% 0 0.00%

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  
50p ordinary Purchase 991 2.0664 GBP
50p ordinary Purchase 1,793 2.0940 GBP
50p ordinary Purchase 2,072 2.0670 GBP
50p ordinary Purchase 4,965 2.0645 GBP
50p ordinary Purchase 9,006 2.1126 GBP
50p ordinary Purchase 9,577 2.0656 GBP
50p ordinary Purchase 13,088 2.0960 GBP
50p ordinary Purchase 18,692 2.0684 GBP
50p ordinary Purchase 25,225 2.1118 GBP
50p ordinary Purchase 59,717 2.0669 GBP
50p ordinary Purchase 66,962 2.1098 GBP
50p ordinary Purchase 81,167 2.0661 GBP
50p ordinary Purchase 115,045 2.1194 GBP
50p ordinary Purchase 180,393 2.0710 GBP
50p ordinary Purchase 783,815 2.0725 GBP
Convertible Bond 2018 XS0834486796 Purchase 1,500,000 100.0000 GBP
50p ordinary Sale 110 2.1330 GBP
50p ordinary Sale 626 2.1280 GBP
50p ordinary Sale 1,347 2.1210 GBP
50p ordinary Sale 15,045 2.0940 GBP
50p ordinary Sale 19,908 2.1178 GBP
50p ordinary Sale 26,283 2.0670 GBP
50p ordinary Sale 44,445 2.1118 GBP
50p ordinary Sale 71,275 2.0990 GBP
50p ordinary Sale 222,013 2.1025 GBP
50p ordinary Sale 338,781 2.1074 GBP
Convertible Bond 2022 XS1511910025 Sale 1,500,000 96.5000 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
50p ordinary SWAP Long 207 2.0680 GBP
50p ordinary SWAP Long 616 2.1211 GBP
50p ordinary SWAP Long 823 2.0799 GBP
50p ordinary SWAP Long 6,508 2.0670 GBP
50p ordinary SWAP Long 11,941 2.0761 GBP
50p ordinary SWAP Long 17,635 2.1115 GBP
50p ordinary CFD Long 25,637 2.0654 GBP
50p ordinary CFD Long 25,703 2.0660 GBP
50p ordinary SWAP Long 57,195 2.1362 GBP
50p ordinary SWAP Long 168,616 2.0994 GBP
50p ordinary SWAP Short 518 2.0670 GBP
50p ordinary SWAP Short 4,751 2.1016 GBP
50p ordinary SWAP Short 5,809 2.1241 GBP
50p ordinary SWAP Short 6,639 2.0612 GBP
50p ordinary CFD Short 7,432 2.1036 GBP
50p ordinary SWAP Short 17,235 2.1154 GBP
50p ordinary SWAP Short 66,962 2.1097 GBP
50p ordinary SWAP Short 100,849 2.0989 GBP
50p ordinary CFD Short 228,752 2.0671 GBP
50p ordinary SWAP Short 431,718 2.0676 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: 22 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: 643655
Time of Receipt (offset from UTC): 20180322T122129+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC