Source - BUS



FORM 8.3



Rule 8.3 of the Takeover Code (the “Code”)


(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



(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


6 April 2018

(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”




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:       ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 38,455,725 1.77% 49,497,291 2.27%
(2) Cash-settled derivatives:
16,731,858 0.77% 0 0.00%
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
TOTAL: 55,187,583 2.53% 49,497,291 2.27%

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:  


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  
ORD Purchase 1,767 11.5900 ZAR
ORD Purchase 2,400 11.1600 ZAR
ORD Purchase 3,300 11.5200 ZAR
ORD Purchase 5,517 11.4800 ZAR
ORD Purchase 5,540 11.3600 ZAR
ORD Purchase 5,600 11.5800 ZAR
ORD Purchase 5,882 11.1800 ZAR
ORD Purchase 6,208 11.5400 ZAR
ORD Purchase 7,792 11.5500 ZAR
ORD Purchase 9,747 11.4900 ZAR
ORD Purchase 11,784 11.1700 ZAR
ORD Purchase 12,000 11.5300 ZAR
ORD Purchase 12,029 11.3200 ZAR
ORD Purchase 12,517 11.5600 ZAR
ORD Purchase 14,749 11.2800 ZAR
ORD Purchase 22,900 11.3400 ZAR
ORD Purchase 24,000 11.3300 ZAR
ORD Purchase 29,849 11.2900 ZAR
ORD Purchase 30,655 11.3700 ZAR
ORD Purchase 37,434 11.3100 ZAR
ORD Purchase 42,593 11.2600 ZAR
ORD Purchase 44,666 11.2400 ZAR
ORD Purchase 45,223 11.1900 ZAR
ORD Purchase 46,961 11.2300 ZAR
ORD Purchase 47,866 11.3800 ZAR
ORD Purchase 52,590 11.3900 ZAR
ORD Purchase 59,774 11.2200 ZAR
ORD Purchase 65,249 11.2500 ZAR
ORD Purchase 65,548 11.2100 ZAR
ORD Purchase 72,493 11.2700 ZAR
ORD Purchase 79,009 11.4100 ZAR
ORD Purchase 79,082 11.2000 ZAR
ORD Purchase 84,919 11.6000 ZAR
ORD Purchase 84,997 11.3500 ZAR
ORD Purchase 108,498 11.3000 ZAR
ORD Purchase 129,303 11.4400 ZAR
ORD Purchase 154,878 11.4200 ZAR
ORD Purchase 205,007 11.4700 ZAR
ORD Purchase 209,550 11.4600 ZAR
ORD Purchase 372,338 11.4000 ZAR
ORD Purchase 417,920 11.5000 ZAR
ORD Purchase 509,918 11.4500 ZAR
ORD Purchase 516,891 11.4300 ZAR
ORD Sale 1,353 11.1400 ZAR
ORD Sale 1,685 11.4700 ZAR
ORD Sale 2,712 11.5600 ZAR
ORD Sale 2,800 11.5700 ZAR
ORD Sale 3,173 11.1500 ZAR
ORD Sale 3,200 11.4800 ZAR
ORD Sale 3,618 11.5000 ZAR
ORD Sale 5,130 11.3900 ZAR
ORD Sale 5,741 11.5200 ZAR
ORD Sale 9,696 11.1700 ZAR
ORD Sale 10,618 11.3600 ZAR
ORD Sale 12,236 11.4500 ZAR
ORD Sale 12,415 11.5500 ZAR
ORD Sale 13,175 11.1800 ZAR
ORD Sale 13,417 11.2100 ZAR
ORD Sale 15,717 11.3500 ZAR
ORD Sale 16,539 11.1900 ZAR
ORD Sale 17,094 11.3100 ZAR
ORD Sale 17,651 11.2000 ZAR
ORD Sale 24,833 11.4600 ZAR
ORD Sale 26,392 11.3400 ZAR
ORD Sale 28,310 11.3300 ZAR
ORD Sale 30,704 11.2900 ZAR
ORD Sale 34,220 11.2200 ZAR
ORD Sale 34,585 11.3800 ZAR
ORD Sale 35,444 11.3000 ZAR
ORD Sale 36,326 11.4400 ZAR
ORD Sale 37,261 11.4100 ZAR
ORD Sale 38,441 11.2300 ZAR
ORD Sale 39,103 11.2800 ZAR
ORD Sale 41,692 11.2700 ZAR
ORD Sale 43,436 11.4200 ZAR
ORD Sale 44,941 11.3120 ZAR
ORD Sale 45,603 11.2600 ZAR
ORD Sale 48,591 11.4300 ZAR
ORD Sale 56,735 11.4000 ZAR
ORD Sale 57,991 11.2500 ZAR
ORD Sale 66,813 11.2400 ZAR
ORD Sale 72,655 11.3700 ZAR
ORD Sale 110,660 11.3015 ZAR
ORD Sale 292,029 11.6000 ZAR
ORD Sale 793,539 11.4264 ZAR
ORD Sale 3,015,085 11.3200 ZAR

(b) Cash-settled derivative transactions

Class of relevant security   Product description

e.g. CFD

  Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

  Number of reference securities   Price per unit

(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)


(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”


(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”


(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?  


Date of disclosure:  

9 Apr 2018

Contact name:

Elise Tang

Telephone number:

0207 1163 001

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected] 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