UBS Asset Management Form 8.3 - Melrose Amendment (5766C)

TIDMGKN TIDMMRO

RNS Number : 5766C

UBS Asset Management

22 January 2018

This announcement replaces the previous RNS announcement 5643C released at am on the 22(nd) January 2018. Amendment made to the form type. All other information remains unchanged

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) Full name of discloser:           UBS Asset Management 
                                        * 
------------------------------------  --------------------- 
 (b) Owner or controller 
  of interests and short positions 
  disclosed, if different 
  from 1(a): 
  The naming of nominee or 
  vehicle companies is insufficient. 
  For a trust, the trustee(s), 
  settlor and beneficiaries 
  must be named. 
------------------------------------  --------------------- 
 (c) Name of offeror/offeree           Melrose industires 
  in relation to whose relevant         PLC 
  securities this form relates: 
  Use a separate form for 
  each offeror/offeree 
------------------------------------  --------------------- 
 (d) If an exempt fund manager         GKN PLC 
  connected with an offeror/offeree,    connected to UBS 
  state this and specify identity 
  of offeror/offeree: 
------------------------------------  --------------------- 
 (e) Date position held/dealing        19 Jan 2018 
  undertaken: 
  For an opening position 
  disclosure, state the latest 
  practicable date prior to 
  the disclosure 
------------------------------------  --------------------- 
 (f) In addition to the company        Yes 
  in 1(c) above, is the discloser       GKN PLC 
  making disclosures in respect 
  of any other party to the 
  offer? 
  If it is a cash offer or 
  possible cash offer, state 
  "N/A" 
------------------------------------  --------------------- 
 
   2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE 

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.

(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                            48/7p ordinary 
  security: 
---------------------------  ------------------------------------------------ 
                                    Interests             Short positions 
---------------------------  -----------------------  ----------------------- 
                                 Number         %         Number         % 
---------------------------  --------------  -------  --------------  ------- 
 (1) Relevant securities 
  owned and/or controlled:       17,775,825     0.92               0     0.00 
---------------------------  --------------  -------  --------------  ------- 
 (2) Cash-settled 
  derivatives:                            0     0.00               0     0.00 
---------------------------  --------------  -------  --------------  ------- 
 (3) Stock-settled 
  derivatives (including 
  options) and agreements 
  to purchase/sell:                       0     0.00               0     0.00 
---------------------------  --------------  -------  --------------  ------- 
 
   TOTAL:                        17,775,825     0.92               0     0.00 
---------------------------  --------------  -------  --------------  ------- 
 

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: 
--------------------------- 
 Details, including 
  nature of the rights 
  concerned and relevant 
  percentages: 
--------------------------- 
 
   3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 

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.

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

   (a)        Purchases and sales 
 
    Class of        Purchase/sale      Number of      Price per 
     relevant                          securities        unit 
     security 
----------------  ----------------  --------------  ------------- 
 48/7p ordinary    PURCHASE                 76,216       2.329000 
                                                              GBP 
----------------  ----------------  --------------  ------------- 
  TOTAL PURCHASE                            76,216 
 ---------------------------------  --------------  ------------- 
 
   (b)        Cash-settled derivative transactions 
 
 Class of      Product            Nature of dealing             Number         Price 
  relevant    description        e.g. opening/closing         of reference    per unit 
  security     e.g. CFD              a long/short              securities 
                             position, increasing/reducing 
                                     a long/short 
                                       position 
----------  -------------  -------------------------------  --------------  ---------- 
 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
   Class       Product        Writing,          Number       Exercise      Type      Expiry    Option 
     of       description    purchasing,     of securities     price       e.g.       date      money 
  relevant       e.g.          selling,        to which         per      American,              paid/ 
  security       call        varying etc.       option         unit      European              received 
                option                          relates                    etc.                  per 
                                                                                                 unit 
----------  -------------  --------------  ---------------  ---------  -----------  -------  ---------- 
 
 
   (ii)        Exercise 
 
 Class of    Product description   Exercising/    Number of    Exercise 
  relevant        e.g. call         exercised     securities     price 
  security          option           against                    per unit 
----------  --------------------  ------------  ------------  ---------- 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of     Nature of dealing    Details    Price per 
  relevant    e.g. subscription,               unit (if 
  security        conversion                  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 person 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" 
------------------------------------------------ 
 
 
   (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" 
-------------------------------------------------- 
 
 
   (c)        Attachments 
 
 Is a Supplemental Form 8 (Open Positions)   NO 
  attached? 
------------------------------------------  --- 
 
 
 Date of disclosure:    22/01/2018 
---------------------  ------------------ 
 Contact name:          Mr James Mortimer 
---------------------  ------------------ 
 Telephone number:      [phone] 
---------------------  ------------------ 
 

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 [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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

* this report is on behalf of:

UBS AG (UBS Asset Management operating in Switzerland)

UBS Asset Management (Americas) Inc.

UBS Asset Management (Australia) Ltd

UBS Asset Management (Hong Kong) Limited

UBS Asset Management (Singapore) Ltd

UBS Asset Management (Taiwan) Ltd

UBS Asset Management (UK) Ltd

UBS La Maison de Gestion

This information is provided by RNS

The company news service from the London Stock Exchange

END

RETPGUMCGUPRGAP

(END) Dow Jones Newswires

January 22, 2018 10:50 ET (15:50 GMT)