Form 8.3 - Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)

LONDON--(BUSINESS WIRE)-- 

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:	Millennium International Management LP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	29^th April 2022
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Yes, Avast 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:	USD 0.01 common (US6687711084)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	547,546	0.094%	854,721	0.147%
(2) Cash-settled derivatives:			-	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	8,000	0.001%	-	-
TOTAL:	555,546	0.095%	854,721	0.147%

Class of relevant security:	2.000% Senior Unsecured Convertible Notes August 2022 (US668771AB40)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	-	-	-	-
(2) Cash-settled derivatives:	-	-	-	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	-	-	-	-
TOTAL:	-	-	-	-

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 security	Purchase/sale	Number of securities	Price per unit (USD)
US6687711084	Purchase	265	25.62
US6687711084	Purchase	166	25.63
US6687711084	Purchase	100	25.70
US6687711084	Purchase	5,543	25.25
US6687711084	Purchase	800	25.46
US6687711084	Sale	3	25.48
US6687711084	Purchase	300	25.40
US6687711084	Purchase	100	25.47
US6687711084	Purchase	371	25.52
US6687711084	Sale	154	25.52
US6687711084	Purchase	200	25.54
US6687711084	Purchase	200	25.55
US6687711084	Purchase	1,900	25.51
US6687711084	Sale	200	25.51
US6687711084	Purchase	281	25.37
US6687711084	Purchase	300	25.42
US6687711084	Purchase	213	25.35
US6687711084	Purchase	100	25.49
US6687711084	Purchase	200	25.44
US6687711084	Purchase	386	25.30
US6687711084	Purchase	645	25.23
US6687711084	Purchase	2,959	25.24
US6687711084	Purchase	100	25.32
US6687711084	Purchase	594	25.28
US6687711084	Purchase	522	25.26
US6687711084	Purchase	10	25.20
US6687711084	Purchase	14,580	25.19
US6687711084	Purchase	1,035	25.16
US6687711084	Purchase	2,268	25.21
US6687711084	Purchase	1,608	25.18
US6687711084	Purchase	9,141	25.15
US6687711084	Purchase	30,435	25.04
US6687711084	Purchase	1,435	25.22
US6687711084	Purchase	4,036	25.03
US6687711084	Purchase	605	25.05
US6687711084	Purchase	2,004	25.13
US6687711084	Purchase	570	25.17
US6687711084	Purchase	1,082	25.09
US6687711084	Purchase	583	25.12
US6687711084	Purchase	550	25.02
US6687711084	Purchase	884	25.06
US6687711084	Purchase	300	25.71
US6687711084	Purchase	244	25.68
US6687711084	Purchase	366	25.64
US6687711084	Purchase	32	25.70
US6687711084	Purchase	100	25.77
US6687711084	Purchase	179	25.67
US6687711084	Purchase	100	25.65
US6687711084	Purchase	300	25.46
US6687711084	Purchase	100	25.48
US6687711084	Purchase	1,000	25.52
US6687711084	Purchase	100	25.54
US6687711084	Purchase	200	25.51
US6687711084	Purchase	100	25.59
US6687711084	Purchase	100	25.44
US6687711084	Purchase	200	25.61
US6687711084	Purchase	13,338	25.04
US6687711084	Purchase	600	25.62
US6687711084	Purchase	263	25.71
US6687711084	Purchase	343	25.68
US6687711084	Purchase	153	25.66
US6687711084	Purchase	1,049	25.69
US6687711084	Purchase	671	25.60
US6687711084	Purchase	100	25.64
US6687711084	Purchase	324	25.67
US6687711084	Purchase	752	25.65
US6687711084	Purchase	1,796	25.25
US6687711084	Purchase	255	25.43
US6687711084	Purchase	1,863	25.46
US6687711084	Purchase	1,200	25.48
US6687711084	Purchase	1,483	25.39
US6687711084	Purchase	19	25.47
US6687711084	Purchase	147	25.54
US6687711084	Purchase	996	25.55
US6687711084	Purchase	2,702	25.50
US6687711084	Purchase	62	25.59
US6687711084	Purchase	136	25.41
US6687711084	Purchase	1,302	25.38
US6687711084	Purchase	211	25.37
US6687711084	Purchase	45	25.42
US6687711084	Purchase	5	25.34
US6687711084	Purchase	100	25.61
US6687711084	Purchase	10	25.30
US6687711084	Purchase	90	25.23
US6687711084	Purchase	10	25.32
US6687711084	Purchase	226	25.28
US6687711084	Purchase	100	25.26
US6687711084	Purchase	100	25.31
US6687711084	Purchase	100	25.27
US6687711084	Purchase	15	25.19
US6687711084	Purchase	104	25.16
US6687711084	Purchase	168	25.21
US6687711084	Purchase	438	25.29
US6687711084	Purchase	5,036	25.18
US6687711084	Purchase	500	25.15
US6687711084	Purchase	4,889	25.04
US6687711084	Purchase	478	25.08
US6687711084	Purchase	1,980	25.22
US6687711084	Purchase	267	25.03
US6687711084	Purchase	2,258	25.13
US6687711084	Purchase	200	25.09
US6687711084	Purchase	1,010	25.12
US6687711084	Sale	1	25.74
US6687711084	Purchase	88	25.62
US6687711084	Purchase	98	25.71
US6687711084	Purchase	63	25.68
US6687711084	Purchase	131	25.66
US6687711084	Purchase	32	25.69
US6687711084	Purchase	1,435	25.60
US6687711084	Purchase	6	25.64
US6687711084	Purchase	296	25.63
US6687711084	Sale	1	25.70
US6687711084	Purchase	4	25.76
US6687711084	Purchase	2	25.67
US6687711084	Purchase	2	25.65
US6687711084	Sale	100	25.65
US6687711084	Purchase	1	25.25
US6687711084	Purchase	1,150	25.58
US6687711084	Purchase	111	25.43
US6687711084	Purchase	1,335	25.46
US6687711084	Sale	216	25.46
US6687711084	Sale	100	25.39
US6687711084	Purchase	332	25.40
US6687711084	Purchase	366	25.47
US6687711084	Purchase	767	25.52
US6687711084	Purchase	422	25.54
US6687711084	Sale	400	25.54
US6687711084	Purchase	17	25.55
US6687711084	Sale	100	25.55
US6687711084	Purchase	26	25.50
US6687711084	Sale	700	25.50
US6687711084	Purchase	60	25.53
US6687711084	Purchase	98	25.51
US6687711084	Sale	200	25.51
US6687711084	Purchase	31	25.73
US6687711084	Sale	100	25.73
US6687711084	Purchase	4	25.59
US6687711084	Purchase	24	25.41
US6687711084	Purchase	100	25.37
US6687711084	Sale	15	25.37
US6687711084	Purchase	400	25.45
US6687711084	Sale	85	25.36
US6687711084	Purchase	404	25.49
US6687711084	Purchase	110	25.44
US6687711084	Sale	300	25.44
US6687711084	Purchase	10	25.34
US6687711084	Purchase	200	25.61
US6687711084	Purchase	310	25.30
US6687711084	Purchase	201	25.23
US6687711084	Purchase	10	25.32
US6687711084	Purchase	100	25.28
US6687711084	Sale	400	25.28
US6687711084	Purchase	7	25.26
US6687711084	Purchase	356	25.27
US6687711084	Purchase	623	25.20
US6687711084	Purchase	200	25.19
US6687711084	Sale	87	25.16
US6687711084	Purchase	29	25.72
US6687711084	Purchase	1,200	25.57
US6687711084	Purchase	159	25.21
US6687711084	Purchase	36	25.78
US6687711084	Purchase	120	25.29
US6687711084	Sale	300	25.29
US6687711084	Purchase	15	25.56
US6687711084	Purchase	10,886	25.04
US6687711084	Purchase	29	25.22
US6687711084	Sale	100	25.22
US6687711084	Purchase	100	25.03
US6687711084	Sale	407	25.03
US6687711084	Sale	300	25.05
US6687711084	Sale	485	25.13
US6687711084	Purchase	300	25.17
US6687711084	Sale	100	25.17
US6687711084	Sale	54	25.12
US6687711084	Sale	155	25.11
US6687711084	Purchase	100	25.69
US6687711084	Purchase	3	25.60
US6687711084	Sale	100	25.75
US6687711084	Purchase	100	25.46
US6687711084	Sale	200	25.46
US6687711084	Sale	200	25.47
US6687711084	Purchase	100	25.45
US6687711084	Sale	13	25.41
US6687711084	Sale	2,632	25.04
US6687711084	Sale	31	25.05

(b) Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit (USD)

(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 (USD)

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?

YES

Date of disclosure:	2^nd May 2022
Contact name:	Milos Naumovic
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:	Millennium International Management LP
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit (USD)	Type e.g. American, European etc.	Expiry date
US6687711084	Call Option	Purchased	8,000	25.00	American	20/01/2023

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk