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OLD MUTUAL PLC - Form 8.3 Disclosure

Release Date: 24/04/2014 12:15
Code(s): OML     PDF:  
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Form 8.3 Disclosure

OLD MUTUAL PLC
ISIN CODE: GB00B77J0862
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Old Mutual 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) Identity of the person whose positions/dealings are                      Old Mutual plc
    being disclosed:
                                                                           (and subsidiaries)
(b) Owner or controller of interests and short positions
    disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is
    insufficient
(c) Name of offeror/offeree in relation to whose relevant                   DIXONS RETAIL PLC
    securities this form relates:                                             GB0000472455
    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:                                        23/04/2014

(f) Has the discloser previously disclosed, or are they                              Yes
    today disclosing, under the Code in respect of any
    other party to this offer?

2.       POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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 50p)
                                                     Interests                    Short positions
                                                  Number             %            Number          %
(1) Relevant securities owned                  134,028,441         3.66%
    and/or controlled:
(2) Derivatives (other than options):            6,123,240         0.17%
(3) Options and agreements to
    purchase/sell:
                                                140,151,681        3.83%
      TOTAL:

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant
securities, should be given on a Supplemental Form 8 (Open Positions).
                                                                                                                      2

(b)        Rights to subscribe for new securities (including directors’ and other executive
           options)

Class of relevant security in relation to
which subscription right exists:
Details, including nature of the rights
concerned and relevant percentages:

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.

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)        Purchases and sales

       Class of relevant             Purchase/sale          Number of securities                Price per unit
           security
             Ord                         Sale                       -139,223                       0.46 GBP


(b)        Derivatives transactions (other than options)

    Class of                Product                Nature of dealing             Number of          Price per unit
relevant security          description          e.g. opening/closing a           reference
                            e.g. CFD              long/short position,           securities
                                                increasing/reducing a
                                                   long/short position
                               CFD              Reducing a long position             -294,068            0.46 GBP

(c)        Options transactions in respect of existing securities

(i)        Writing, selling, purchasing or varying

 Class of        Product           Writing,       Number of      Exercise        Type           Expiry      Option
 relevant       description      purchasing,      securities     price per        e.g.           date       money
 security         e.g. call        selling,        to which         unit       American,                     paid/
                   option        varying etc.       option                     European                    received
                                                    relates                       etc.                      per unit



(ii)       Exercising

       Class of relevant        Product description         Number of securities            Exercise price per
           security                e.g. call option                                                unit



(d)        Other dealings (including subscribing for new securities)

  Class of relevant                 Nature of dealing                      Details               Price per unit (if
      security                e.g. subscription, conversion                                         applicable)



The currency of all prices and other monetary amounts should be stated.
                                                                                                       3

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.

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:
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?                                           No




Date of disclosure:                                  24/04/2014

Contact name:                                        Latoya Henderson

Telephone number:                                    02070027394



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

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

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

Joint Sponsor:
Nedbank Capital

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