BARCLAYS PLC Form 8.5 (EPT/NON-RI) - PREMIER FARNELL PLC

 
TIDMPFL 
 
 

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

 
1.   KEY INFORMATION 
(a)  Name of exempt principal trader:       BARCLAYS CAPITAL SECURITIES LTD 
(b)  Name of offeror/offeree                PREMIER FARNELL PLC 
     in relation to whose 
     relevant securities this form relates: 
(c)  Name of the party to the               PREMIER FARNELL PLC 
     offer with which exempt 
     principal trader is connected 
(d)  Date position held/dealing undertaken: 11 October 2016 
(e)  In addition to the company in 1(b)     NO 
     above, is the exempt principal 
     trader making disclosures in respect 
     of any other party to the offer? 
 
 

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                 ORD 
security: 
                                  Interests         Short Positions 
                                  Number     (%)    Number           (%) 
(1)                Relevant 
                   securities 
                   owned 
                   and/or         3,528,138  0.95%  432,122          0.12% 
                   controlled: 
(2)                Cash-settled 
                   derivatives: 
                                  209,413    0.06%  3,479,336        0.94% 
(3)                Stock-settled 
                   derivatives 
                   (including 
                   options) 
                   and agreements 0          0.00%  0                0.00% 
                   to 
                   purchase/sell: 
(4) 
                   TOTAL:         3,737,551  1.00%  3,911,458        1.05% 
 
 

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 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)       Purchases and 
          sales 
Class of  Purchase/sale Total number of   Highest price Lowest price 
relevant                                  per unit      per unit 
security                securities        paid/received paid/received 
ORD       Purchase      3,009             1.8500 GBP    1.8485 GBP 
ORD       Sale          125,320           1.8500 GBP    1.8474 GBP 
ORD       Purchase      53,385            1.8492 GBP    1.8492 GBP 
(b)       Cash-settled 
          derivative 
          transactions 
Class of  Product       Nature of dealing Number of     Price per 
relevant  description                     reference     unit 
security                                  securities 
ORD       SWAP          Long              2,344         1.8489 GBP 
ORD       CFD           Long              69,314        1.8472 GBP 
ORD       SWAP          Short             1,311         1.8493 GBP 
 
 

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

(i) Writing, selling, purchasing or varying

 
Class of   Product          Writing,      Number         Exercise price  Type            Expiry date  Option money 
relevant   descriptione.g.  purchasing,   of securities  per unit        e.g. American,               paid/ 
security   call             selling,      to                             European etc.                received 
           option           varying etc.  which option                                                per unit 
                                          relates 
 
 

(ii) Exercise

 
Class of relevant   Product      Exercising/  Number         Exercise price 
security            description  exercised    of securities  per unit 
                    e.g. call    against 
                    option 
 
 

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

 
Class of relevant   Nature of dealing   Details  Price per unit (if 
security            e.g. subscription,           applicable) 
                    conversion 
 
 

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?  NO 
Date of disclosure:                                  13 Oct 2016 
Contact name:                                        Femi Badmos 
Telephone number:                                    020 3555 1125 
 
 

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: http://www.businesswire.com/news/home/20161012006299/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

October 13, 2016 02:00 ET (06:00 GMT)