Form 8.3 - COBHAM AMENDMENT

By Regulatory News

Regulatory News | 23 Sep, 2019

Updated : 15:46

FORM 8.3 - Amendment to Purchase

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	18 September 2019
(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
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	46,994,011	1.97%	3,001,503	0.13%

(2)	Cash-settled derivatives:
		944,672	0.04%	33,943,867	1.42%

(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%


	TOTAL:	47,938,683	2.00%	36,945,370	1.55%

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	329	1.5860 GBP
2.5p ordinary	Purchase	446	1.5875 GBP
2.5p ordinary	Purchase	2,190	1.5945 GBP
2.5p ordinary	Purchase	2,231	1.5965 GBP
2.5p ordinary	Purchase	12,198	1.5950 GBP
2.5p ordinary	Purchase	48,807	1.5975 GBP
2.5p ordinary	Purchase	76,478	1.5980 GBP
2.5p ordinary	Purchase	81,745	1.5955 GBP
2.5p ordinary	Purchase	100,000	1.5907 GBP
2.5p ordinary	Purchase	194,342	1.5922 GBP
2.5p ordinary	Purchase	376,676	1.5947 GBP
2.5p ordinary	Purchase	682,239	1.5924 GBP
2.5p ordinary	Purchase	2,000,000	1.5931 GBP
2.5p ordinary	Sale	248	1.5964 GBP
2.5p ordinary	Sale	388	1.5895 GBP
2.5p ordinary	Sale	2,190	1.5945 GBP
2.5p ordinary	Sale	2,231	1.5965 GBP
2.5p ordinary	Sale	2,267	1.5955 GBP
2.5p ordinary	Sale	2,955	1.5975 GBP
2.5p ordinary	Sale	3,000	1.5905 GBP
2.5p ordinary	Sale	5,138	1.5959 GBP
2.5p ordinary	Sale	7,879	1.5977 GBP
2.5p ordinary	Sale	9,063	1.5882 GBP
2.5p ordinary	Sale	9,643	1.5962 GBP
2.5p ordinary	Sale	12,555	1.5925 GBP
2.5p ordinary	Sale	15,939	1.5950 GBP
2.5p ordinary	Sale	18,922	1.5952 GBP
2.5p ordinary	Sale	19,975	1.5953 GBP
2.5p ordinary	Sale	33,973	1.5946 GBP
2.5p ordinary	Sale	123,785	1.5931 GBP
2.5p ordinary	Sale	175,595	1.5963 GBP
2.5p ordinary	Sale	505,678	1.5957 GBP
2.5p ordinary	Sale	683,632	1.5942 GBP

(b)	Cash-settled derivative transactions
Class of	Product	Nature of dealing	Number of	Price per
relevant	description		reference	unit
security			securities
2.5p ordinary	CFD	Long	248	1.5964 GBP
2.5p ordinary	SWAP	Long	660	1.5951 GBP
2.5p ordinary	SWAP	Long	6,612	1.5940 GBP
2.5p ordinary	CFD	Long	10,000	1.5833 GBP
2.5p ordinary	CFD	Long	20,000	1.5898 GBP
2.5p ordinary	CFD	Long	22,000	1.5902 GBP
2.5p ordinary	SWAP	Long	86,832	1.5972 GBP
2.5p ordinary	SWAP	Long	111,003	1.5933 GBP
2.5p ordinary	SWAP	Long	123,478	1.5970 GBP
2.5p ordinary	CFD	Long	140,884	1.5906 GBP
2.5p ordinary	CFD	Long	270,802	1.5936 GBP
2.5p ordinary	SWAP	Short	40,071	1.5995 GBP
2.5p ordinary	SWAP	Short	47,731	1.5976 GBP
2.5p ordinary	CFD	Short	125,359	1.5972 GBP
2.5p ordinary	SWAP	Short	145,883	1.5905 GBP
2.5p ordinary	SWAP	Short	411,772	1.5916 GBP
2.5p ordinary	SWAP	Short	1,000,000	1.5909 GBP
2.5p ordinary	SWAP	Short	2,000,000	1.5931 GBP

(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

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	23 Sept 2019
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/20190923005596/en/

Form 8.3 - COBHAM AMENDMENT

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