Rule 8.3- HBOS PLC

RNS Number : 5069K
Schroders PLC
19 December 2008
 

                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 (Note 1)

Schroders plc

Company dealt in

HBOS Plc

Class of relevant security to which the dealings being disclosed relate (Note 2)

Ordinary 25p

Date of dealing

18/12/08

 

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 securities 

141,009,982

  

2.608



(2) Derivatives (other than options)

11,675

0.00022%



(3) Options and agreements to purchase/sell



1,230,524

0.023%

141,021,657

  

2.608

1,230,524

0.023%













Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)


 Class of relevant security:

Long


Short


 

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 (Note 5)


Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase



2,059,788

120,000

1,964,552

1,974,231

1,967,694

4,922,806

1,886,959

  


64.49p

68.73p

68.45p

68.55p

68.55p

68.85p

68.45p


 (b)    Derivatives transactions (other than options)

 

Product name, e.g. CFD

Long/short (Note 6)

Number of securities (Note 7)

Price per unit (Note 5)






(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

 

Product name,e.g. call option 

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 7)


Exercise price 

Type, e.g. American, European etc.

Expiry date

Option moneypaid/received per unit (Note 5) 








 

 

(ii)    Exercising

 

Product name, e.g. call option

Number of securities 

Exercise price per unit (Note 5)





 

(d)    Other dealings (including new securities) (Note 4)

 

Nature of transaction (Note 8) 

Details

Price per unit (if applicable) (Note 5)






4.    OTHER INFORMATION


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

19/12/08

Contact name

Andrea Rowe 

Telephone number

020 7658 2521


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,

e.g. call option


Written or purchased


Number of securities to which the option or derivative relates

Exercise price (Note 2)


Type, e.g. American, European etc.

Expiry date

Call option

Written

1,124,326

Ordinary shares

230.72p

European

04/02/2009

Call option

Written

106,198

Ordinary shares

99.71p

European

06/03/2009


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














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