Form 8.5 (EPT/NON-RI)- Barrick Gold Corporation

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Regulatory News | 25 Sep, 2018

Updated : 11:46

This regulatory news is for Private Investors only

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 whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

Barrick Gold Corporation

(c) Name of the party to the offer with which exempt principal trader is connected:  

Randgold Resources Limited

(d) Date position held/dealing undertaken:

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

 

24 Sept 2018

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

YES Randgold Resources Limited

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:       Ordinary NPV            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,220,656 0.10% 1,793,186 0.15%
           
(2) Cash-settled derivatives:
564,800 0.05% 22,712 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 7,364,000 0.63% 2,288,000 0.20%
           
(4)
TOTAL: 9,149,456 0.78% 4,103,898 0.35%

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 relevant   Purchase/sale   Total number of   Highest price per unit   Lowest price per unit
security   securities paid/received paid/received
Ordinary NPV Purchase 4,425 14.3000 CAD 14.3 CAD
Ordinary NPV Purchase 52,569 11.1227 USD 11.1227 USD
Ordinary NPV Purchase 52,569 9.2137 EUR 9.1439 EUR
Ordinary NPV Sale 81,733 9.4350 EUR 9.1439 EUR
Ordinary NPV Sale 81,733 11.1227 USD 11.1227 USD
Ordinary NPV Sale 196,933 14.3626 CAD 14.3626 CAD
 
(b) Cash-settled derivative transactions      
Class of Product Nature of dealing Number of Price per
relevant description reference unit
security     securities  
Ordinary NPV SWAP Long 138 9.3626 EUR
Ordinary NPV SWAP Long 364 9.2915 EUR
Ordinary NPV SWAP Expires 26/03/2020 Long 28,800 14.3576 CAD

(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 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?  

YES

Date of disclosure:  

25 Sept 2018

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.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:  

BARCLAYS CAPITAL SECURITIES LTD

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

BARRICK GOLD CORP

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
Ordinary NPV Call Options Purchased 242,000 10.7000 European 3 Oct 2018
Ordinary NPV Call Options Purchased 242,000 10.7000 European 9 Oct 2018
Ordinary NPV Call Options Written -429,000 17.0000 American 15 Jan 1919
Ordinary NPV Call Options Written -429,000 17.0000 American 17 Jan 2020
Ordinary NPV Call Options Written -350,000 20.0000 American 18 Jan 2019
Ordinary NPV Call Options Written -350,000 20.0000 American 16 Jan 1918
Ordinary NPV Call Options Written -240,000 17.0000 American 18 Jan 2019
Ordinary NPV Call Options Written -240,000 17.0000 American 16 Jan 1918
Ordinary NPV Call Options Written -125,000 13.0000 American 18 Jan 2019
Ordinary NPV Call Options Written -125,000 13.0000 American 16 Jan 1918
Ordinary NPV Put Options Written 50,000 17.0000 American 18 Jan 2019
Ordinary NPV Put Options Written 50,000 17.0000 American 16 Jan 1918
Ordinary NPV Put Options Written 225,000 10.0000 American 16 Jan 1918
Ordinary NPV Put Options Written 225,000 10.0000 American 18 Jan 2019
Ordinary NPV Put Options Written 695,000 10.0000 American 15 Jan 1919
Ordinary NPV Put Options Written 895,000 10.0000 American 17 Jan 2020
Ordinary NPV Put Options Written 2,370,000 13.0000 American 18 Jan 2019
Ordinary NPV Put Options Written 2,370,000 13.0000 American 0 Jan 1900

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Copyright Business Wire 2018

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