BARCLAYS PLC Form 8.5 (EPT/NON-RI) - FLYBE GROUP PLC

 
TIDMFLYB 
 
 

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                    BARCLAYS CAPITAL SECURITIES LTD 
principal trader: 
(b) Name of offeror/offeree           FLYBE GROUP PLC 
in relation to whose 
relevant securities 
this form relates: 
Use a separate form for 
each offeror/offeree 
(c) Name of the party to              Connect Airways Limited (a 
the offer with which                  company jointly-owned by 
exempt principal  trader              DLP Holdings  S.a.r.l, Stobart 
is connected:                         Aviation Limited 
                                      and Virgin Travel Group Limited, 
                                      a wholly-owned 
                                      subsidiary of Virgin 
                                      Atlantic Limited) 
(d) Date position held/dealing        23 Jan 2019 
undertaken: 
For an opening position disclosure, 
state the latest 
practicable date prior 
to the disclosure 
(e) In addition to the                NO 
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" 
 
 

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                    1p ordinary 
relevant 
security: 
                            Interests           Short Positions 
                            Number       (%)    Number           (%) 
(1)         Relevant 
            securities 
            owned 
            and/or          0            0.00%  508,750          0.23% 
            controlled: 
(2)         Cash-settled 
            derivatives: 
                            506,699      0.23%  0                0.00% 
(3)         Stock-settled 
            derivatives 
            (including 
            options) 
            and agreements  0            0.00%  0                0.00% 
            to 
            purchase/sell: 
(4) 
            TOTAL:          506,699      0.23%  508,750          0.23% 
 
 

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 
1p ordinary   Purchase       23,038           0.0660 GBP     0.058 GBP 
1p ordinary   Sale           23,038           0.0660 GBP     0.058 GBP 
 
 

(b) Cash-settled derivative transactions

 
Class of relevant   Product      Nature of            Number of reference  Price per unit 
security            description  dealing              securities 
                    e.g. CFD     e.g. 
                                 opening/closing 
                                 a 
                                 long/short 
                                 position, 
                                 increasing/reducing 
                                 a 
                                 long/short 
                                 position 
 
 

(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:   24 Jan 2019 
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].

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/20190124005304/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

January 24, 2019 05:07 ET (10:07 GMT)