Rule 8.3 - BRITISH ENERGY GROUP
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 BRITISH ENERGY GROUP
Class of relevant security ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing 17 March 2008
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 43,350,206 4.19% 2,372,881 0.23%
securities
(2) Derivatives 1,266,955 0.12% 630,407 0.06%
(other than
options)
(3) Options and 308,800 0.03% 308,800 0.03%
agreements to
purchase/sell
Total 44,925,961 4.35% 3,312,088 0.32%
(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
(GBP)
Purchase 866 5.7054
Purchase 1,180 5.6824
Purchase 631 6.1850
Purchase 4,978 6.2951
Purchase 93,111 6.2686
Purchase 515,121 6.3507
Purchase 30,176 5.7226
Purchase 3,952 6.1749
Purchase 808 6.3550
Purchase 9,617 6.3810
Purchase 61,894 6.4010
Purchase 143,918 6.2720
Purchase 14,580 6.3807
Purchase 3,655 6.4103
Purchase 73,861 6.1921
Purchase 5,962 6.3629
Purchase 11,535 6.4012
Purchase 4,477 6.3550
Purchase 32,222 5.7207
Purchase 32,833 6.3365
Sale 60,842 6.3758
Sale 21 6.3952
Sale 14,733 6.4154
Sale 9,617 6.3809
Sale 32,879 6.4547
Sale 14,162 6.3053
Sale 74,441 6.4187
Sale 6,355 6.3521
Sale 22,216 6.4187
Sale 22,232 6.4547
Sale 32,222 5.7207
Sale 2,484 6.3550
Sale 7,984 6.3538
Sale 18,091 6.3538
Sale 32,854 6.4187
Sale 74,496 6.4547
Sale 1,944 6.3550
Sale 51,385 6.2928
Sale 76,109 6.3279
Sale 34,951 6.3664
Sale 5,399 6.3538
(b) Derivatives transactions (other than options)
Product name, Long/Short Number of Price per
(e.g. CFD) (Note 6) Securities unit (GBP)
CFD Short 3952 6.1748
CFD Short 73861 6.1921
CFD Short 93111 6.2686
CFD Short 143918 6.2719
CFD Short 4978 6.2951
CFD Short 32833 6.3365
CFD Short 515121 6.3507
CFD Short 56 6.3991
CFD Short 61894 6.401
CFD Short 11535 6.4012
CFD Long 6021 6.2079
CFD Long 14162 6.3052
CFD Long 76109 6.3279
CFD Long 34951 6.3663
CFD Long 60842 6.3758
(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 18 March 2008
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)
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)
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,
Option Purchased 143,000 4.7356 EURO 26/03/2008
Option Purchased 143,000 5.3670 EURO 26/03/2008
Option Purchased 11,400 5.2965 EURO 27/05/2008
Option Purchased 11,400 6.0027 EURO 27/05/2008
Option Purchased -11,400 6.0027 EURO 27/05/2008
Option Purchased -11,400 5.2965 EURO 27/05/2008
Option Purchased -143,000 5.3670 EURO 26/03/2008
Option Purchased -143,000 4.7356 EURO 26/03/2008
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk