Form 8.5 (EPT/NON-RI) - MELROSE INDUSTRIES PLC

Form 8.5 (EPT/NON-RI) - MELROSE INDUSTRIES PLC

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	MELROSE INDUSTRIES PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	GKN PLC
(d) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	Â	16 March 2018
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Â	YES GKN PLC

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	Â	Â	Â	48/7p Oridinary	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		16,725,026		0.86%		39,404,294		2.03%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				37,950,254		1.95%		7,334,082		0.38%
Â		Â		Â		Â		Â		Â
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		54,675,280		2.82%		46,738,376		2.41%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), 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 employee options)

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

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

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

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

(a)	Â	Purchases and sales	Â	Â	Â	Â	Â	Â
Class of relevant		Purchase/sale		Total number of		Highest price per unit		Lowest price per unit
security		Â		securities		paid/received		paid/received
48/7p Oridinary		Purchase		3,253,091		2.2424 GBP		2.2009 GBP
48/7p Oridinary		Sale		5,288,698		2.2420 GBP		2.1979 GBP
									Â
(b)		Cash-settled derivative transactions		Â		Â		Â
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
48/7p Oridinary		CFD		Long		318		2.1979 GBP
48/7p Oridinary		CFD		Long		830		2.2406 GBP
48/7p Oridinary		SWAP		Long		900		2.2274 GBP
48/7p Oridinary		CFD		Long		1,041		2.2227 GBP
48/7p Oridinary		SWAP		Long		1,503		2.2392 GBP
48/7p Oridinary		CFD		Long		1,524		2.2158 GBP
48/7p Oridinary		CFD		Long		3,509		2.2287 GBP
48/7p Oridinary		SWAP		Long		3,509		2.2287 GBP
48/7p Oridinary		CFD		Long		34,440		2.1976 GBP
48/7p Oridinary		CFD		Long		48,034		2.2193 GBP
48/7p Oridinary		SWAP		Long		50,000		2.2420 GBP
48/7p Oridinary		SWAP		Long		55,217		2.2127 GBP
48/7p Oridinary		CFD		Long		88,223		2.2418 GBP
48/7p Oridinary		CFD		Long		103,571		2.2359 GBP
48/7p Oridinary		CFD		Long		129,611		2.2341 GBP
48/7p Oridinary		CFD		Long		168,636		2.2268 GBP
48/7p Oridinary		CFD		Long		175,000		2.2178 GBP
48/7p Oridinary		CFD		Long		267,104		2.2228 GBP
48/7p Oridinary		CFD		Long		1,125,706		2.2343 GBP
48/7p Oridinary		SWAP		Long		2,400,958		2.2409 GBP
48/7p Oridinary		SWAP		Short		18		2.2252 GBP
48/7p Oridinary		SWAP		Short		41		2.2135 GBP
48/7p Oridinary		CFD		Short		1,197		2.2234 GBP
48/7p Oridinary		CFD		Short		1,456		2.2401 GBP
48/7p Oridinary		SWAP		Short		1,783		2.2081 GBP
48/7p Oridinary		SWAP		Short		2,338		2.2009 GBP
48/7p Oridinary		SWAP		Short		3,991		2.2286 GBP
48/7p Oridinary		SWAP		Short		5,024		2.2084 GBP
48/7p Oridinary		SWAP		Short		6,740		2.2106 GBP
48/7p Oridinary		SWAP		Short		8,639		2.2002 GBP
48/7p Oridinary		SWAP		Short		9,351		2.2122 GBP
48/7p Oridinary		SWAP		Short		10,375		2.2082 GBP
48/7p Oridinary		SWAP		Short		12,251		2.2120 GBP
48/7p Oridinary		CFD		Short		13,678		2.2129 GBP
48/7p Oridinary		SWAP		Short		19,413		2.2285 GBP
48/7p Oridinary		SWAP		Short		21,033		2.2123 GBP
48/7p Oridinary		CFD		Short		42,642		2.2149 GBP
48/7p Oridinary		SWAP		Short		67,021		2.2042 GBP
48/7p Oridinary		CFD		Short		102,374		2.2420 GBP
48/7p Oridinary		CFD		Short		187,777		2.2089 GBP
48/7p Oridinary		CFD		Short		267,902		2.2262 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Â

Product description e.g. call option

Â

Exercising/ exercised against

Â

Number of securities

Â

Exercise price per unit

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

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

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 exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. 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 exempt principal trader 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?

Â

NO

Date of disclosure:	Â	19 March 2018
Contact name:		Elise Tang
Telephone number:		0207 1163 001

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20180319005594/en/