Rule 8.3 - FRIENDS PROVIDENT
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 FRIENDS PROVIDENT
Class of relevant security ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing 22 January 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 71,457,745 3.08% 3,775,802 0.16%
securities
(2) Derivatives 2,586,854 0.11% 4,504,009 0.19%
options)
(3) Options and 0 0.00% 5,000,000 0.22%
agreements to
purchase/sell
Total 74,044,599 3.19% 13,279,811 0.57%
(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 15 1.6350
Purchase 60,000 1.5779
Purchase 196,537 1.5851
Purchase 93,122 1.6235
Purchase 739,998 1.5870
Purchase 38,545 1.5952
Purchase 109,017 1.5966
Purchase 98,545 1.5847
Purchase 147,631 1.5440
Purchase 83,891 1.6092
Purchase 31,188 1.5826
Purchase 2,100 1.6350
Purchase 42,249 1.6390
Purchase 3,638 1.6390
Purchase 838,253 1.5907
Purchase 60,000 1.5664
Purchase 107,148 1.5660
Purchase 12,479 1.5933
Purchase 169,397 1.6027
Purchase 23,998 1.5891
Purchase 60,000 1.5658
Purchase 838,253 1.5907
Purchase 3,405 1.5960
Purchase 12,479 1.5933
Purchase 37,924 1.5838
Purchase 1,290 1.6350
Purchase 57,756 1.5922
Purchase 20,630 1.5933
Sale 1,290 1.6350
Sale 109,017 1.5966
Sale 27,403 1.5948
Sale 1,850 1.5710
Sale 23,998 1.5891
Sale 93,122 1.6235
Sale 1,488 1.6390
Sale 739,998 1.5870
Sale 37,924 1.5838
Sale 38,545 1.5952
Sale 12,479 1.5933
Sale 60,000 1.5779
Sale 196,537 1.5851
Sale 57,756 1.5922
Sale 107,148 1.5660
Sale 15 1.6350
Sale 83,891 1.6092
Sale 2,100 1.6350
Sale 838,253 1.5907
Sale 169,397 1.6027
Sale 739,998 1.5870
Sale 31,188 1.5826
Sale 147,631 1.5440
Sale 20,630 1.5933
Sale 60,000 1.5661
Sale 60,000 1.5655
(b) Derivatives transactions (other than options)
Product name, Long/Short Number of Price per
(e.g. CFD) (Note 6) Securities unit (GBP)
CFD Short 78771 1.5554
CFD Short 60000 1.5657
CFD Short 66884 1.5727
CFD Short 25330 1.5772
CFD Short 194392 1.585
CFD Short 196537 1.5851
CFD Short 150300 1.5864
CFD Short 284644 1.5915
CFD Short 57756 1.5922
CFD Short 12479 1.5932
CFD Short 20630 1.5933
CFD Short 109017 1.5966
CFD Short 116388 1.5989
CFD Short 93122 1.6235
CFD Long 147631 1.544
CFD Long 167148 1.566
CFD Long 66527 1.5725
CFD Long 31188 1.5825
CFD Long 37924 1.5837
CFD Long 184448 1.5878
CFD Long 12479 1.5933
CFD Long 113211 1.6022
CFD Long 66988 1.605
CFD Long 83891 1.6092
CFD Long 46114 1.6386
(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) YES
Date of disclosure 23 January 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)
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 -5,000,000 1.4500 AMER 20/03/2008
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