Form 8.3 - MORSE

 
TIDMBARC TIDMMOR 
 
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) Identity of the person whose 
    positions/dealings 
    are being disclosed:                                   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 
(c) Name of offeror/offeree in relation to 
    whose relevant securities this form 
    relates:                                               MORSE 
    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:                 24 May 2010 
(f) Has the discloser previously disclosed, or             NO 
    are they today disclosing, under the Code 
    in respect of any other party 
    to this offer? 
                                                           If YES, specify which: 
 
2.   POSITIONS OF THE PERSON MAKING THE DISCLOSURE 
 
(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 
 
                            Interests              Short positions 
                          Number       %          Number        % 
(1) Relevant 
    securities 
    wned and/or 
    controlled:        1,443,622      1.11             0     0.00% 
(2) Derivatives 
    (other 
    than options):             0     0.00%     1,264,700      0.97 
(3) Options and 
    agreements to 
    purchase/sell:             0     0.00%             0     0.00% 
 
    TOTAL:             1,443,622      1.11     1,264,700      0.97 
 
 
All interests and all short positions should be disclosed. 
 
Details of any open derivative or option positions, 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 
executive options) 
 
Class of relevant security in relation to which subscription right exists: 
Details, including nature of the rights concerned and relevant percentages: 
 
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. 
 
3.   DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 
 
(a)  Purchases and sales 
 
Class of     Purchase/sale      Number of        Price per 
relevant                        securities       unit 
security 
Ordinary     Sale               490,800          0.5025 GBP 
 
 
(b)  Derivatives transactions (other than options) 
 
Class of     Product        Nature of dealing      Number of      Price 
relevant     description    e.g. opening/          reference      per unit 
security     e.g. CFD       closing a long/        securities 
                            short position, 
                            increasing/reducing 
                            a long/short position 
 
 
(c)  Options transactions in respect of existing securities 
 
(i)  Writing, selling, purchasing or varying 
 
 Class of     Product    Writing,      Number   Exercise       Type     Expiry     Option 
 relevant description purchasing,          of      Price       e.g.       date      Money 
 security        e.g.    selling,  securities             per unit                  paid/ 
                 call     varying    to which             American,              received 
               option       etc.       option              European              per unit 
                                      relates                  etc. 
 
 
 
(ii) Exercising 
 
      Class of        Product       Number of        Exercise 
      relevant    description      securities           price 
      security      e.g. call                        per unit 
                       option 
 
 
 
(d)  Other dealings (including subscribing for new securities) 
 
       Class of        Nature of         Details        Price per 
       Relevant     dealing e.g.                             unit 
       security    subscription,                  (if applicable) 
                      conversion 
 
 
The currency of all prices and other monetary amounts should be stated. 
 
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. 
 
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: 
If there are no such agreements, arrangements or understandings, state "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" 
 
 
 
 
(c)  Attachments 
 
Is a Supplemental Form 8 (Open Positions) attached?      NO 
 
Date of disclosure:          26 May 2010 
Contact name:                Geoff Smith 
Telephone number:            020 7116 2913 
 
 
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 
dealing disclosure requirements on [phone]. 
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.