Harris Associates LP Form 8.3 - IWG PLC

 
TIDMIWG 
 
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:                                  Harris Associates L.P. 
 
(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 relevant    IWG PLC 
    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:                   01 February 2018 
    For an opening position disclosure, state the latest 
    practicable date prior to the disclosure 
 
(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? 
    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 security:              Ordinary Shares (JE00BYVQYS01) 
 
                                                      Interests                       Short Positions 
 
                                                 Number               %              Number             % 
 
(1) Relevant securities owned and/or     56,743,154                    6.23 % 
    controlled: 
 
(2) Cash-settled derivatives: 
 
(3) Stock-settled derivatives (including 
    options) and agreements to purchase/ 
    sell: 
 
    Total                                56,743,154 *                  6.23 % 
 
*Harris Associates L.P. does not have discretion regarding voting decisions in 
respect of 11,303,337 shares that are included in the total above. 
 
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 security        Purchase/sale          Number of securities          Price per unit 
 
Ordinary Shares (JE00BYVQYS01)  Sale                   54,398                       2.6524 GBP 
 
Ordinary Shares (JE00BYVQYS01)  Sale                   107,653                      2.6525 GBP 
 
(b)      Cash-settled derivative transactions 
 
  Class of relevant     Product description  Nature of dealing e.g. opening    Number of     Price per unit 
       security              e.g. CFD            /closing a long/short         reference 
                                             position, increasing/reducing    securities 
                                                 a long/short position 
 
(c)      Stock-settled derivative transactions (including options) 
 
(i)      Writing, selling, purchasing or varying 
 
   Class of       Product      Writing,     Number of   Exercise price   Type e.g.  Expiry date  Option money 
   relevant     description   purchasing,  securities      per unit      American,              paid/ received 
   security      e.g. call     selling,     to which                     European                  per unit 
                   option    varying etc.    option                        etc. 
                                             relates 
 
(ii)     Exercise 
 
    Class of relevant       Product description      Exercising/         Number of       Exercise price per 
        security             e.g. call option     exercised against     securities              unit 
 
(d)      Other dealings (including subscribing for new securities) 
 
  Class of relevant security    Nature of dealing e.g.           Details               Price per unit (if 
                                    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                                        02 February 2018 
 
Contact name                                              Sarah Eng 
 
Telephone number                                          312-646-3320 
 
 
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. 
 
 
 
END 
 

(END) Dow Jones Newswires

February 02, 2018 10:15 ET (15:15 GMT)