BARCLAYS PLC: Form 8.3 - Elementis Plc

TIDMELM TIDMBARC 
 
 

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:                                  Barclays PLC. 
 
(b)  Owner or controller of interest and short 
     positions disclosed, if different from 1(a): 
(c)  Name of offeror/offeree in relation to whose             ELEMENTIS PLC 
     relevant securities this form relates: 
(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:                   10 December 2020 
(f)  In addition to the company in 1(c) above, is the         NO 
     discloser making 
     disclosures in respect of any other party to the offer? 
 

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 security:              5p ordinary 
                                         Interests           Short Positions 
                                         Number       (%)    Number      (%) 
(1)   Relevant securities owned 
 and/or controlled:                      10,271,119   1.77%  2,128,848   0.37% 
 
(2)   Cash-settled derivatives: 
                                         1,733,983    0.30%  6,988,918   1.20% 
 
      Stock-settled derivatives 
(3)   (including options) 
 and agreements to purchase/sell:        0            0.00%  0           0.00% 
 
 
 TOTAL:                                  12,005,102   2.07%  9,117,766   1.57% 
 
 

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 relevant  Purchase/sale  Number of   Price per unit 
security                          securities 
5p ordinary        Purchase       55          1.1025   GBP 
5p ordinary        Purchase       702         1.0990   GBP 
5p ordinary        Purchase       1,383       1.1060   GBP 
5p ordinary        Purchase       1,396       1.0920   GBP 
5p ordinary        Purchase       1,924       1.1070   GBP 
5p ordinary        Purchase       6,220       1.1012   GBP 
5p ordinary        Purchase       6,461       1.1152   GBP 
5p ordinary        Purchase       8,110       1.1245   GBP 
5p ordinary        Purchase       8,639       1.1001   GBP 
5p ordinary        Purchase       13,007      1.1030   GBP 
5p ordinary        Purchase       13,497      1.1115   GBP 
5p ordinary        Purchase       59,986      1.1029   GBP 
5p ordinary        Purchase       69,402      1.1013   GBP 
5p ordinary        Purchase       81,971      1.1246   GBP 
5p ordinary        Purchase       162,234     1.1100   GBP 
5p ordinary        Sale           12          1.1045   GBP 
5p ordinary        Sale           51          1.1140   GBP 
5p ordinary        Sale           627         1.0950   GBP 
5p ordinary        Sale           1,383       1.1060   GBP 
5p ordinary        Sale           1,396       1.0920   GBP 
5p ordinary        Sale           4,949       1.1104   GBP 
5p ordinary        Sale           10,690      1.0981   GBP 
5p ordinary        Sale           11,500      1.1194   GBP 
5p ordinary        Sale           13,900      1.1056   GBP 
5p ordinary        Sale           25,000      1.1050   GBP 
5p ordinary        Sale           32,759      1.1030   GBP 
5p ordinary        Sale           135,212     1.1052   GBP 
5p ordinary        Sale           150,000     1.1012   GBP 
 

(b) Cash-settled derivative transactions

 
Class of     Product      Nature of dealing  Number of   Price per 
relevant     description                     reference   unit 
security                                     securities 
5p ordinary    SWAP       Long               8,105       1.1048   GBP 
5p ordinary    CFD        Long               8,772       1.0927   GBP 
5p ordinary    SWAP       Long               15,006      1.0987   GBP 
5p ordinary    SWAP       Long               42,119      1.1030   GBP 
5p ordinary    SWAP       Long               93,296      1.1093   GBP 
5p ordinary    SWAP       Short              1,500       1.1366   GBP 
5p ordinary    SWAP       Short              2,966       1.1359   GBP 
5p ordinary    SWAP       Short              11,511      1.1112   GBP 
5p ordinary    SWAP       Short              11,514      1.1030   GBP 
5p ordinary    SWAP       Short              14,098      1.1530   GBP 
5p ordinary    SWAP       Short              36,898      1.1166   GBP 
5p ordinary    SWAP       Short              40,273      1.1206   GBP 
5p ordinary    SWAP       Short              162,234     1.1100   GBP 
 

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

(i) Writing, selling, purchasing or varying

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

(ii) Exercise

 
Class of        Product         Exercising/     Number of       Exercise price 
relevant        description     exercised       securities      per unit 
security        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 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" 
 
 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:                       11 Dec 2020 
Contact name:                             Large Holdings Regulatory Operations 
Telephone number:                         020 3134 7213 
 

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].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

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/20201211005239/en/

 
    CONTACT: 

BARCLAYS PLC

 
    SOURCE: BARCLAYS PLC 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

December 11, 2020 06:30 ET (11:30 GMT)