BARCLAYS PLC: FORM 8.5 (EPT/NON-RI) - TalkTalk Telecom Group plc

TIDMTALK TIDMBARC 
 
 

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 principal trader:          BARCLAYS CAPITAL SECURITIES LTD 
(b)  Name of offeror/offeree in relation to    TALKTALK TELECOM GROUP PLC 
     whose 
     relevant securities this form relates: 
(c)  Name of the party to the offer with       TALKTALK TELECOM GROUP PLC 
     which exempt 
     principal trader is connected 
(d)  Date position held/dealing undertaken:    05 March 2021 
(e)  In addition to the company in 1(b)        NO 
     above, is the exempt principal 
     trader making disclosures in respect of 
     any other party to the offer? 
 

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 relevant security:            0.1p ordinary 
                                       Interests             Short Positions 
                                       Number         (%)    Number      (%) 
(1)   Relevant securities owned 
 and/or controlled:                    3,868,786      0.34%  108,770     0.01% 
 
(2)   Cash-settled derivatives: 
                                       34,376         0.00%  3,821,660   0.33% 
 
      Stock-settled derivatives 
(3)   (including options) 
 and agreements to purchase/sell:      0              0.00%  0           0.00% 
 
 
 TOTAL:                                3,903,162      0.34%  3,930,430   0.34% 
 
 

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 
0.1p ordinary   Purchase       11,296           0.9700   GBP    0.9685   GBP 
0.1p ordinary   Sale           45,464           0.9700   GBP    0.969   GBP 
 

(b) Cash-settled derivative transactions

 
Class of       Product      Nature of dealing  Number of   Price per 
relevant       description                     reference   unit 
security                                       securities 
0.1p ordinary    SWAP       Long               354         0.9700   GBP 
0.1p ordinary    SWAP       Long               15,175      0.9691   GBP 
0.1p ordinary    CFD        Long               27,240      0.9699   GBP 
0.1p ordinary    SWAP       Short              1,249       0.9693   GBP 
0.1p ordinary    CFD        Short              1,798       0.9685   GBP 
0.1p ordinary    SWAP       Short              5,554       0.9698   GBP 
 

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

(i) Writing, selling, purchasing or varying

 
Class of  Product      Writing,     Number of   Exercise  Type e.g.  Expiry  Option 
relevant  description  purchasing,  securities  price     American,  date    money 
security  e.g. call    selling,     to which    per       European           paid/ 
          option       varying      option      unit      etc.               received 
                       etc.         relates                                  per 
                                                                             unit 
 
 

(ii) Exercise

 
Class of        Product         Exercising/     Number of       Exercise price 
relevant        description     exercised       securities      per unit 
security        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:                       8 Mar 2021 
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/20210308005380/en/

 
    CONTACT: 

BARCLAYS PLC

 
    SOURCE: BARCLAYS PLC 
Copyright Business Wire 2021 
 

(END) Dow Jones Newswires

March 08, 2021 05:53 ET (10:53 GMT)