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Form 8.3 - COBHAM PLC

 

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:

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. For a trust, the trustee(s), settlor and beneficiaries must be named.

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

COBHAM PLC

(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:

For an opening position disclosure, state the latest practicable date prior to the disclosure

14 January 2020

(f) In addition to the company in 1(c) above, is the 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"

NO

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: 2.5p ordinary
InterestsShort Positions
Number(%)Number(%)

(1)

Relevant securities owned
and/or controlled:

109,352,187

4.57%

1,478,059

0.06%

 

(2)

Cash-settled derivatives:

1,357,257

0.06%

105,196,727

4.40%

 

(3)

Stock-settled derivatives (including options)
and agreements to purchase/sell:

0

0.00%

0

0.00%

 
 
TOTAL:

110,709,444

4.63%

106,674,786

4.46%

 

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 Purchase/sale Number of Price per unit
security securities
2.5p ordinary Purchase

752

1.6460 GBP
2.5p ordinary Purchase

25,062

1.6457 GBP
2.5p ordinary Purchase

36,701

1.6450 GBP
2.5p ordinary Purchase

37,972

1.6454 GBP
2.5p ordinary Purchase

47,075

1.6449 GBP
2.5p ordinary Purchase

47,675

1.6463 GBP
2.5p ordinary Purchase

60,316

1.6459 GBP
2.5p ordinary Purchase

65,040

1.6455 GBP
2.5p ordinary Purchase

88,060

1.6452 GBP
2.5p ordinary Purchase

152,041

1.6461 GBP
2.5p ordinary Purchase

166,000

1.6456 GBP
2.5p ordinary Purchase

538,455

1.6453 GBP
2.5p ordinary Purchase

11,319,174

1.6444 GBP
2.5p ordinary Purchase

31,573,260

1.6445 GBP
2.5p ordinary Sale

445

1.6465 GBP
2.5p ordinary Sale

446

1.6485 GBP
2.5p ordinary Sale

752

1.6460 GBP
2.5p ordinary Sale

4,129

1.6455 GBP
2.5p ordinary Sale

130,193

1.6451 GBP
2.5p ordinary Sale

231,577

1.6450 GBP
2.5p ordinary Sale

700,000

1.6444 GBP

(b) Cash-settled derivative transactions

Class of Product Nature of dealing Number of Price per
relevant description referenceunit
security securities
2.5p ordinary SWAP Long

2,677

1.6455 GBP
2.5p ordinary SWAP Long

88,657

1.6452 GBP
2.5p ordinary SWAP Long

227,290

1.6450 GBP
2.5p ordinary SWAP Long

700,000

1.6444 GBP
2.5p ordinary SWAP Short

13,498

1.6451 GBP
2.5p ordinary SWAP Short

20,860

1.6450 GBP
2.5p ordinary SWAP Short

166,000

1.6456 GBP
2.5p ordinary SWAP Short

183,536

1.6455 GBP
2.5p ordinary SWAP Short

306,869

1.6457 GBP
2.5p ordinary SWAP Short

306,869

1.6457 GBP
2.5p ordinary SWAP Short

526,669

1.6454 GBP

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

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

 

 

 

 

 

 

 

 

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

 

 

 

 

 

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:

15 Jan 2020

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 +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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/20200115005398/en/

Contacts

BARCLAYS PLC