Source - BUS

FORM 8.3 - INTU PROPERTIES PLC

BARCLAYS 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 interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose INTU PROPERTIES PLC
  relevant securities this form relates:  
(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: 05 April 2018
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? HAMMERSON PLC

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:       50p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 59,050,405 4.36% 59,263,655 4.37%
           
(2) Cash-settled derivatives:
6,886,847 0.51% 3,803,984 0.28%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 65,937,252 4.87% 63,067,639 4.65%
Class of relevant security:       Convertible Bond 2022 XS1511910025        
Interests Short Positions
    Number   (%) Number (%)
(1) Relevant securities owned
and/or controlled: 2,400,000 0.64% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 2,400,000 0.64% 0 0.00%
Class of relevant security:       Convertible Bond 2018 XS0834486796        
Interests Short Positions
    Number   (%) Number (%)
(1) Relevant securities owned
and/or controlled: 2,200,000 1.37% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 2,200,000 1.37% 0 0.00%

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  
50p ordinary Purchase 47 34.9300 ZAR
50p ordinary Purchase 177 2.0590 GBP
50p ordinary Purchase 277 34.8100 ZAR
50p ordinary Purchase 416 34.7700 ZAR
50p ordinary Purchase 500 35.1000 ZAR
50p ordinary Purchase 919 2.0720 GBP
50p ordinary Purchase 1,000 2.0680 GBP
50p ordinary Purchase 1,574 34.9600 ZAR
50p ordinary Purchase 1,645 34.6800 ZAR
50p ordinary Purchase 1,844 34.7100 ZAR
50p ordinary Purchase 1,945 34.6200 ZAR
50p ordinary Purchase 2,158 34.6700 ZAR
50p ordinary Purchase 2,272 34.7600 ZAR
50p ordinary Purchase 2,464 34.7500 ZAR
50p ordinary Purchase 2,677 34.6300 ZAR
50p ordinary Purchase 5,147 34.7400 ZAR
50p ordinary Purchase 5,303 34.7300 ZAR
50p ordinary Purchase 5,353 34.7000 ZAR
50p ordinary Purchase 5,448 2.0644 GBP
50p ordinary Purchase 5,499 34.6900 ZAR
50p ordinary Purchase 6,428 34.7200 ZAR
50p ordinary Purchase 6,591 34.8000 ZAR
50p ordinary Purchase 8,068 2.0679 GBP
50p ordinary Purchase 8,076 2.0569 GBP
50p ordinary Purchase 9,306 2.0709 GBP
50p ordinary Purchase 9,644 34.7800 ZAR
50p ordinary Purchase 13,818 35.0400 ZAR
50p ordinary Purchase 20,000 2.0888 GBP
50p ordinary Purchase 42,087 34.7142 ZAR
50p ordinary Purchase 82,981 2.0670 GBP
50p ordinary Purchase 238,282 2.0718 GBP
50p ordinary Purchase 1,420,890 2.0769 GBP
50p ordinary Purchase 2,150,823 34.6600 ZAR
50p ordinary Sale 185 34.8500 ZAR
50p ordinary Sale 841 35.0400 ZAR
50p ordinary Sale 1,428 34.7100 ZAR
50p ordinary Sale 1,675 34.7700 ZAR
50p ordinary Sale 1,679 2.0865 GBP
50p ordinary Sale 1,739 34.8200 ZAR
50p ordinary Sale 1,841 34.7600 ZAR
50p ordinary Sale 1,906 34.7900 ZAR
50p ordinary Sale 2,014 2.0748 GBP
50p ordinary Sale 2,097 34.8300 ZAR
50p ordinary Sale 2,100 2.0570 GBP
50p ordinary Sale 2,234 35.1100 ZAR
50p ordinary Sale 2,264 34.7000 ZAR
50p ordinary Sale 2,319 35.1400 ZAR
50p ordinary Sale 2,385 35.1000 ZAR
50p ordinary Sale 2,456 35.1500 ZAR
50p ordinary Sale 3,704 2.0750 GBP
50p ordinary Sale 4,476 34.8000 ZAR
50p ordinary Sale 10,200 2.0710 GBP
50p ordinary Sale 12,305 34.9206 ZAR
50p ordinary Sale 15,000 2.0662 GBP
50p ordinary Sale 37,731 34.7237 ZAR
50p ordinary Sale 46,671 2.0728 GBP
50p ordinary Sale 169,316 2.0665 GBP
50p ordinary Sale 190,937 2.0713 GBP
50p ordinary Sale 285,728 2.0759 GBP
50p ordinary Sale 501,381 2.0907 GBP
50p ordinary Sale 684,214 2.0701 GBP
50p ordinary Sale 1,140,047 2.0910 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
50p ordinary SWAP Long 545 2.0758 GBP
50p ordinary CFD Long 1,298 2.0978 GBP
50p ordinary CFD Long 1,739 34.8100 ZAR
50p ordinary SWAP Long 1,773 2.0754 GBP
50p ordinary CFD Long 2,500 34.7900 ZAR
50p ordinary SWAP Long 2,735 2.0729 GBP
50p ordinary SWAP Long 3,632 2.0767 GBP
50p ordinary SWAP Long 6,400 2.0567 GBP
50p ordinary CFD Long 7,464 34.7442 ZAR
50p ordinary CFD Long 8,138 2.0737 GBP
50p ordinary SWAP Long 15,000 2.0661 GBP
50p ordinary CFD Long 15,793 34.9904 ZAR
50p ordinary SWAP Long 16,073 2.0687 GBP
50p ordinary SWAP Long 16,406 2.0715 GBP
50p ordinary SWAP Long 27,811 2.0779 GBP
50p ordinary SWAP Long 49,713 2.0793 GBP
50p ordinary CFD Long 58,846 2.0568 GBP
50p ordinary SWAP Long 75,076 2.0752 GBP
50p ordinary SWAP Long 146,934 2.0744 GBP
50p ordinary CFD Long 2,150,000 2.0701 GBP
50p ordinary CFD Short 1,295 2.0790 GBP
50p ordinary CFD Short 3,210 2.0856 GBP
50p ordinary SWAP Short 3,620 2.0635 GBP
50p ordinary CFD Short 8,138 34.7291 ZAR
50p ordinary SWAP Short 17,485 2.0714 GBP
50p ordinary CFD Short 18,172 2.0642 GBP
50p ordinary CFD Short 55,883 34.8288 ZAR
50p ordinary CFD Short 66,434 2.0833 GBP
50p ordinary SWAP Short 86,708 2.0700 GBP
50p ordinary SWAP Short 132,706 2.0649 GBP
50p ordinary CFD Short 2,150,000 34.6634 ZAR

(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: 6 Apr 2018
Contact name: ELISE TANG
Telephone number: 0207 1163001

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.