Form 8.3 - Balfour

Form 8.3 - Balfour

BARCLAYS PLC

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Identity of the person whose positions/dealings are being disclosed:  

Barclays PLC.

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient

   
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

BALFOUR BEATTY PLC

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
(e) Date position held/dealing undertaken:  

1 August 2014

(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?  

YES:

CARILLION PLC

 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,114,820 0.16% 5,953,259 0.86%
           
(2) Derivatives (other than
options): 4,994,382 0.72% 97,215 0.01%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 6,109,202 0.89% 6,050,474 0.88%
           
Class of relevant security:   Convertible Bond XS0994825916      
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 5,100,000 2.02% 0 0.00%
           
(2) Derivatives (other than
options): 0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,100,000 2.02% 0 0.00%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 179 2.4035 GBP
ORD Purchase 227 2.4021 GBP
ORD Purchase 335 2.4050 GBP
ORD Purchase 338 2.4170 GBP
ORD Purchase 388 2.3635 GBP
ORD Purchase 665 2.3640 GBP
ORD Purchase 973 2.3790 GBP
ORD Purchase 1,020 2.3942 GBP
ORD Purchase 1,199 2.4060 GBP
ORD Purchase 1,221 2.3990 GBP
ORD (traded as ADR) Purchase 1,580 8.0626 USD
ORD Purchase 1,823 2.4010 GBP
ORD Purchase 1,975 2.3970 GBP
ORD Purchase 2,079 2.4040 GBP
ORD Purchase 2,509 2.3940 GBP
ORD Purchase 2,948 2.3822 GBP
ORD Purchase 20,242 2.3870 GBP
ORD Purchase 23,401 2.3716 GBP
ORD Purchase 24,300 2.3991 GBP
ORD Purchase 24,930 2.3867 GBP
ORD Purchase 34,230 2.3480 GBP
ORD Purchase 43,035 2.3907 GBP
ORD Purchase 45,225 2.4016 GBP
ORD Purchase 50,206 2.3935 GBP
ORD Purchase 54,075 2.3957 GBP
ORD Purchase 57,612 2.3785 GBP
ORD Purchase 75,697 2.3809 GBP
ORD Purchase 207,500 2.4008 GBP
ORD Sale 227 2.4021 GBP
ORD Sale 388 2.3635 GBP
ORD Sale 665 2.3640 GBP
ORD Sale 670 2.4050 GBP
ORD Sale 973 2.3790 GBP
ORD Sale 1,199 2.4060 GBP
ORD Sale 1,221 2.3990 GBP
ORD (traded as ADR) Sale 1,580 8.0626 USD
ORD Sale 1,823 2.4010 GBP
ORD Sale 1,854 2.4035 GBP
ORD Sale 1,975 2.3970 GBP
ORD Sale 2,079 2.4040 GBP
ORD Sale 2,509 2.3940 GBP
ORD Sale 25,663 2.4009 GBP
ORD Sale 32,406 2.3749 GBP
ORD Sale 41,427 2.3778 GBP
ORD Sale 42,309 2.4007 GBP
ORD Sale 45,085 2.4032 GBP
ORD Sale 57,255 2.3832 GBP
ORD Sale 138,110 2.3839 GBP
ORD Sale 230,265 2.4004 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 1,580 2.4118 GBP
ORD SWAP Long 27,225 2.4074 GBP
ORD CFD Long 40,381 2.3865 GBP
ORD SWAP Long 74,577 2.3679 GBP
ORD CFD Long 39,056 2.3975 GBP
ORD SWAP Long 113,604 2.3830 GBP
ORD SWAP Short 4,450 2.4181 GBP
ORD CFD Short 23,401 2.3716 GBP
ORD CFD Short 54,075 2.3957 GBP
ORD SWAP Short 139,550 2.3838 GBP
ORD CFD Short 163,515 2.3907 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercising

Class of relevant security   Product description

e.g. call option

  Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   Price per unit (if applicable)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?  

NO

Date of disclosure:  

4 Aug 2014

Contact name:

Rajesh Muthanna

Telephone number:

020 3555 4634

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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