Rule 8.3 - BRIT INSURANCE HOLDINGS
FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the City Code on Takeovers and Mergers)
1. KEY INFORMATION
Name of person dealing BARCLAYS PLC
(Note 1)
Company dealt in BRIT INSURANCE HOLDINGS
Class of relevant security ORD GBP0.75
to which the dealings being
disclosed relate (Note 2)
Date of dealing 19 June 2009
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)
Long Short
Number (%) Number (%)
(1) Relevant 15,897,520 5.06% 58,295 0.02%
securities
(2) Derivatives 0 0.00% 2,919,708 0.93%
(other than
options)
(3) Options and 403,083 0.13% 0 0.00%
agreements to
purchase/sell
Total 16,300,603 5.19% 2,978,003 0.95%
(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)
Class of Long Short
relevant
security:
Number (%) Number (%)
(1) Relevant
securities
(2) Derivatives
(other than
options)
(3) Options and
agreements to
purchase/sell
Total
(c) Rights to subscribe (Note 3)
Class of relevant security: Details
3. DEALINGS (Note 4)
(a) Purchases and sales
Purchase/sale Number of Securities Price per unit
Purchase 19,322 1.7750
Purchase 6,955 1.7503
Purchase 11,114 1.7500
Purchase 855 1.7500
Purchase 5,373 1.7500
Purchase 19,947 1.7847
Purchase 24,109 1.7889
Purchase 32,878 1.7690
Sale 356 1.7900
Sale 330 1.7900
Sale 260 1.7750
Sale 2,324 1.7500
Sale 1,436 1.7900
Sale 244 1.7751
Sale 1,589 1.7750
Sale 1,648 1.7750
Sale 2,080 1.7900
Sale 2,157 1.7900
Sale 1,092 1.7750
Sale 3,164 1.7751
Sale 219 1.7500
Sale 4,095 1.7900
Sale 68,294 1.7900
Sale 5,548 1.8061
Sale 8,962 1.7977
Sale 12,308 1.7800
Sale 16,414 1.7751
Sale 21,252 1.7900
Sale 22,214 1.7815
Sale 24,719 1.7500
Sale 52,766 1.7751
Sale 3,500 1.7900
(b) Derivatives transactions (other than options)
Product name, Long/Short Number of Price per
(e.g. CFD) (Note 6) Securities unit (GBP)
CFD Long 12308 1.78
CFD Long 3500 1.79
CFD Short 6955 1.7502
CFD Short 19322 1.775
CFD Short 31225 1.7794
CFD Short 92525 1.7824
CFD Short 19947 1.7846
CFD Short 24109 1.7888
CFD Short 17294 1.7926
CFD Short 5732 1.7939
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, Number of Exercise Type, e.g. Expiry Option money
e.g. call selling, securities to price American, date paid/received
option purchasing, which the option European etc. per unit (GBP)
varying etc. relates (GBP)
(ii) Exercising
Product name, e.g. Number of Exercise price per
call option securities unit (Note 5)
(d) Other dealings (including new securities) (Note 4)
Nature of transaction Details Price per unit
(Note 8) (if applicable)
(Note 5)
4. OTHER INFORMATION
None
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.
Is a Supplemental Form 8 attached? (Note 9) NO
Date of disclosure 22 June 2009
Contact name Geoff Smith
Telephone number 020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk