BARCLAYS PLC Form 8.3 - ESURE GROUP PLC

 
TIDMESUR 
 
 

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 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 in relation to whose       ESURE GROUP PLC 
relevant securities  this form relates: 
Use a separate form for each offeror/offeree 
(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:             17 December 2018 
For an opening position disclosure, state the latest 
practicable  date prior to the disclosure 
(f) In addition to the company in                      NO 
1(c) above, is the discloser 
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                    0.08333p ordinary 
relevant 
security: 
                            Interests                 Short Positions 
                            Number             (%)    Number           (%) 
(1)         Relevant 
            securities 
            owned 
            and/or          7,717,115          1.84%  86,177           0.02% 
            controlled: 
(2)         Cash-settled 
            derivatives: 
                            63,744             0.02%  7,714,606        1.84% 
(3)         Stock-settled 
            derivatives 
            (including 
            options) 
            and agreements  0                  0.00%  0                0.00% 
            to 
            purchase/sell: 
(4) 
            TOTAL:          7,780,859          1.85%  7,800,783        1.86% 
 
 
 

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 unit 
relevant 
security                  securities 
0.08333p   Purchase       1,174              2.7960 GBP 
ordinary 
0.08333p   Purchase       1,374              2.7963 GBP 
ordinary 
0.08333p   Purchase       14,522             2.7973 GBP 
ordinary 
0.08333p   Purchase       56,295             2.7983 GBP 
ordinary 
0.08333p   Sale           84                 2.7940 GBP 
ordinary 
0.08333p   Sale           2,444              2.7961 GBP 
ordinary 
0.08333p   Sale           4,439              2.7960 GBP 
ordinary 
(b)        Cash-settled 
           derivative 
           transactions 
Class of   Product        Nature of dealing  Number of       Price per 
relevant   description                       reference       unit 
security                                     securities 
0.08333p   SWAP           Long               87              2.7959 GBP 
ordinary 
0.08333p   SWAP           Long               247             2.7953 GBP 
ordinary 
0.08333p   SWAP           Long               19,432          2.7960 GBP 
ordinary 
0.08333p   SWAP           Short              1,174           2.7959 GBP 
ordinary 
0.08333p   SWAP           Short              1,374           2.7963 GBP 
ordinary 
0.08333p   SWAP           Short              12,078          2.7976 GBP 
ordinary 
0.08333p   SWAP           Short              20,777          2.7960 GBP 
ordinary 
0.08333p   SWAP           Short              56,295          2.7983 GBP 
ordinary 
 
 
 

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

(i) Writing, selling, purchasing or varying

 
Class of   Product      Writing,     Number      Exercise  Type       Expiry date  Option 
relevant   description  purchasing,  of          price     e.g.                    money 
security   e.g.         selling,     securities  per unit  American,               paid/ 
           call         varying      to                    European                received 
           option       etc.         which                 etc.                    per 
                                     option                                        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 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:   18 DEC 2018 
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 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 disclosure requirements on [phone].

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

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(END) Dow Jones Newswires

December 18, 2018 07:42 ET (12:42 GMT)