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OLD MUTUAL PLC - Form 8.3 Disclosure

Release Date: 08/01/2016 15:55
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: OLOMOL
                                                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:                                                    Old Mutual plc
                                                                            (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. For a trust, the trustee(s), settlor and
    beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant                     Home Retail Group
    securities this form relates:                                              GB00B19NKB76
    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:                                     07 January 2016
    For an opening position disclosure, state the latest
    practicable date prior to the disclosure
(f) In addition to the company in 1(c) above, is the                         Yes – J Sainsbury Plc
    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”

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:

                                                      Interests                     Short positions
                                                  Number              %             Number          %
(1) Relevant securities owned                    48,174,589         5.92%
    and/or controlled:
(2) Cash-settled derivatives:

(3) Stock-settled derivatives
    (including options) and
    agreements to purchase/sell:
                                         48,174,589       5.92%
   TOTAL:
Please note that the change in holding since the last disclosure is also due to an in secie
transfer in of 3,233 shares.
                                                                                                             2

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 securities               Price per unit
      security
        Ord                      Sale                           -610,517                   1.36 GBP
        ORD                   Purchase                           36,000                    139.60 GBP
        ORD                   Purchase                           112,500                   135.00 GBP
(b)   Cash-settled derivative transactions

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

(c)     Stock-settled derivative transactions (including options)

(i)     Writing, selling, purchasing or varying

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



(ii)    Exercise

Class of relevant          Product             Exercising/               Number of          Exercise price
    security             description            exercised                securities            per unit
                        e.g. call option         against
                                                                                                              3


(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)




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”




(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?                                           YES/NO




Date of disclosure:                                                 08 January 2016

Contact name:                                                               Rose Coyle

Telephone number:                                                      0207 002 7503


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 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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