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: 09 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: 55,168,130 4.07% 55,687,327 4.11%
           
(2) Cash-settled derivatives:
1,885,855 0.14% 1,139,703 0.08%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 57,053,985 4.21% 56,827,030 4.19%
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%
           
(4)
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%
           
(4)
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 100 35.0400 ZAR
50p ordinary Purchase 200 34.9800 ZAR
50p ordinary Purchase 208 35.2300 ZAR
50p ordinary Purchase 220 35.2700 ZAR
50p ordinary Purchase 250 2.0600 GBP
50p ordinary Purchase 359 2.0634 GBP
50p ordinary Purchase 459 35.3200 ZAR
50p ordinary Purchase 464 35.2000 ZAR
50p ordinary Purchase 500 35.0700 ZAR
50p ordinary Purchase 792 2.0608 GBP
50p ordinary Purchase 1,000 35.4100 ZAR
50p ordinary Purchase 1,060 35.3800 ZAR
50p ordinary Purchase 1,083 34.8100 ZAR
50p ordinary Purchase 1,083 34.9200 ZAR
50p ordinary Purchase 1,416 35.1500 ZAR
50p ordinary Purchase 1,663 35.3300 ZAR
50p ordinary Purchase 1,925 35.1900 ZAR
50p ordinary Purchase 2,159 35.4300 ZAR
50p ordinary Purchase 2,812 35.4200 ZAR
50p ordinary Purchase 3,188 35.1700 ZAR
50p ordinary Purchase 4,000 35.4500 ZAR
50p ordinary Purchase 4,186 35.2400 ZAR
50p ordinary Purchase 4,295 35.3100 ZAR
50p ordinary Purchase 4,328 35.3400 ZAR
50p ordinary Purchase 4,369 35.4400 ZAR
50p ordinary Purchase 4,386 2.0632 GBP
50p ordinary Purchase 4,456 35.3700 ZAR
50p ordinary Purchase 5,083 35.1600 ZAR
50p ordinary Purchase 5,871 35.3900 ZAR
50p ordinary Purchase 6,257 35.1800 ZAR
50p ordinary Purchase 6,843 2.0707 GBP
50p ordinary Purchase 7,385 35.2600 ZAR
50p ordinary Purchase 7,556 35.3600 ZAR
50p ordinary Purchase 8,235 35.2900 ZAR
50p ordinary Purchase 8,724 35.2500 ZAR
50p ordinary Purchase 12,096 35.3500 ZAR
50p ordinary Purchase 13,095 35.4000 ZAR
50p ordinary Purchase 13,868 2.0637 GBP
50p ordinary Purchase 17,520 35.2800 ZAR
50p ordinary Purchase 22,189 2.0645 GBP
50p ordinary Purchase 39,887 35.3000 ZAR
50p ordinary Purchase 40,686 35.1300 ZAR
50p ordinary Purchase 259,977 2.0598 GBP
50p ordinary Sale 122 34.7750 ZAR
50p ordinary Sale 210 35.3000 ZAR
50p ordinary Sale 236 35.3600 ZAR
50p ordinary Sale 244 35.3200 ZAR
50p ordinary Sale 344 35.3300 ZAR
50p ordinary Sale 419 35.3900 ZAR
50p ordinary Sale 801 2.0600 GBP
50p ordinary Sale 900 2.0587 GBP
50p ordinary Sale 1,701 35.3700 ZAR
50p ordinary Sale 2,657 35.3500 ZAR
50p ordinary Sale 5,917 2.0623 GBP
50p ordinary Sale 8,172 2.0548 GBP
50p ordinary Sale 9,289 2.0636 GBP
50p ordinary Sale 13,644 35.2700 ZAR
50p ordinary Sale 14,118 35.3727 ZAR
50p ordinary Sale 15,697 2.0629 GBP
50p ordinary Sale 15,800 2.0583 GBP
50p ordinary Sale 29,589 2.0539 GBP
50p ordinary Sale 34,610 35.1814 ZAR
50p ordinary Sale 93,172 2.0621 GBP
50p ordinary Sale 99,636 2.0616 GBP
50p ordinary Sale 309,458 2.0622 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 1,200 2.0611 GBP
50p ordinary SWAP Long 6,800 2.0527 GBP
50p ordinary SWAP Long 13,321 2.0562 GBP
50p ordinary CFD Long 13,644 35.2599 ZAR
50p ordinary SWAP Long 15,800 2.0583 GBP
50p ordinary SWAP Long 25,230 2.0652 GBP
50p ordinary CFD Long 138,005 2.0623 GBP
50p ordinary CFD Long 259,809 2.0616 GBP
50p ordinary SWAP Long 259,809 2.0616 GBP
50p ordinary SWAP Short 500 2.0598 GBP
50p ordinary CFD Short 1,416 35.1600 ZAR
50p ordinary SWAP Short 4,347 2.0603 GBP
50p ordinary SWAP Short 9,718 2.0530 GBP
50p ordinary CFD Short 13,151 2.0531 GBP
50p ordinary CFD Short 19,919 35.1440 ZAR
50p ordinary SWAP Short 25,246 2.0642 GBP
50p ordinary CFD Short 47,384 35.2809 ZAR
50p ordinary SWAP Short 60,957 2.0614 GBP
50p ordinary SWAP Short 84,670 2.0597 GBP
50p ordinary CFD Short 146,181 35.3053 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: 10 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.