Legg Mason, Inc. Form 8.3 - Arris Group Inc (4810K)

TIDMPIC TIDMARRS

RNS Number : 4810K

Legg Mason, Inc.

30 December 2015

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            Legg Mason, Inc. 
 disclosed: 
-----------------------------------------------------------------------  --------------------------------------------- 
 (b) Owner or controller of interests and short positions disclosed, if   Brandywine Global Investment Management, LLC 
 different from 1(a):                                                      Clearbridge Investments, LLC 
 The naming of nominee or vehicle companies is insufficient                QS Investors, LLC 
                                                                           Royce and Associates, LLC 
-----------------------------------------------------------------------  --------------------------------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities     Arris Group Inc 
 this form relates:                                                        US04270V1061 
 Use a separate form for each offeror/offeree 
-----------------------------------------------------------------------  --------------------------------------------- 
 (d) If an exempt fund manager connected with an offeror/offeree, state   N/A 
 this and specify identity 
 of offeror/offeree: 
-----------------------------------------------------------------------  --------------------------------------------- 
 (e) Date position held/dealing undertaken:                               29/12/15 
-----------------------------------------------------------------------  --------------------------------------------- 
 (f) Has the discloser previously disclosed, or are they today            YES/NO - NO 
 disclosing, under the Code in                                             If YES, specify which: 
 respect of any other party to this offer? 
-----------------------------------------------------------------------  --------------------------------------------- 
 
   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: 
--------------------------------------------------  -------------------------------------- 
                                                         Interests        Short positions 
--------------------------------------------------  ------------------  ------------------ 
                                                      Number       %        Number      % 
--------------------------------------------------  ----------  ------  -------------  --- 
 (1) Relevant securities owned and/or controlled:    2,260,093   1.54% 
--------------------------------------------------  ----------  ------  -------------  --- 
 (2) Derivatives (other than options): 
--------------------------------------------------  ----------  ------  -------------  --- 
 (3) Options and agreements to purchase/sell: 
--------------------------------------------------  ----------  ------  -------------  --- 
 
   TOTAL:                                            2,260,093   1.54% 
--------------------------------------------------  ----------  ------  -------------  --- 
 

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 relevant security    Purchase/sale    Number of securities   Price per unit 
----------------------------  ---------------  ---------------------  --------------- 
 Common stock                  Purchase         10,000                 $30.21 
----------------------------  ---------------  ---------------------  --------------- 
 
   (b)        Derivatives transactions (other than options) 
 
    Class of relevant       Product description      Nature of dealing         Number of reference      Price per unit 
         security                 e.g. CFD         e.g. opening/closing a           securities 
                                                    long/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 of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option                        European                       unit 
                                                relates                          etc. 
-------------  -------------  -------------  -------------  --------------  -------------  ------------  ------------- 
 
 
   (ii)        Exercising 
 
 Class of relevant security   Product description   Number of securities   Exercise price per unit 
                                e.g. call option 
---------------------------  --------------------  ---------------------  ------------------------ 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, 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?   YES/NO 
                                                         NO 
----------------------------------------------------  ------- 
 
 
 Date of disclosure:   30/12/15 
--------------------  ------------------ 
 Contact name:         Shirley A. Hinton 
--------------------  ------------------ 
 Telephone number:     +1 410.454.5632 
--------------------  ------------------ 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 30, 2015 09:16 ET (14:16 GMT)