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 22 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 15,393,082 4.90% 64,852 0.02%
securities
(2) Derivatives 1,118 0.00% 2,930,862 0.93%
(other than
options)
(3) Options and 403,083 0.13% 0 0.00%
agreements to
purchase/sell
Total 15,797,283 5.03% 2,995,714 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 12,067 1.7845
Purchase 38,418 1.7788
Purchase 6,110 1.7703
Purchase 19,057 1.7790
Purchase 11,243 1.7753
Purchase 100 1.7200
Sale 107 1.7750
Sale 1,944 1.7629
Sale 5,300 1.7799
Sale 7,694 1.7707
Sale 10,164 1.7785
Sale 12,713 1.7837
Sale 260,717 1.7800
Sale 15,833 1.7800
Sale 23,151 1.7848
Sale 25,305 1.7698
Sale 40,584 1.7718
Sale 82,285 1.7800
Sale 100,126 1.7500
Sale 12,067 1.7171
(b) Derivatives transactions (other than options)
Product name, Long/Short Number of Price per
(e.g. CFD) (Note 6) Securities unit (GBP)
CFD Long 12067 1.717
CFD Long 1944 1.7628
CFD Long 40584 1.7718
CFD Long 107 1.775
CFD Long 10164 1.7785
CFD Long 5300 1.7798
CFD Long 12713 1.7836
CFD Short 6110 1.7702
CFD Short 11243 1.7752
CFD Short 38418 1.7788
CFD Short 19057 1.779
CFD Short 6020 1.7835
CFD Short 12067 1.7844
(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 23 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
SUPPLEMENTAL FORM 8
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)
OPEN POSITIONS (Note 1)
Product name, Written or Number of securities Exercise price Type, e.g. Expiry date
e.g. call option purchased to which the option (Note 2) American,
or derivative relates European etc.
Option Purchased 403,083 2.4516 EURO 03/07/2009
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any existing agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk