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OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure

Release Date: 26/01/2016 14:50
Code(s): OML     PDF:  
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Form 8.3 - Public Opening Position 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                          Betfair Group Plc                      
    relevant securities this form relates:                                 GB00BSPL1J93 
    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:                                25 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 – Paddy Power 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                  2,438,502        2.62%
    and/or controlled:
(2) Cash-settled derivatives:

(3) Stock-settled derivatives
    (including options) and
    agreements to purchase/sell:
                                               2,438,502        2.62%
      TOTAL:
                                                                                                                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               Price per unit
     security                                          securities
       ORD                        Sale                   -6,280                 39.99 GBP
       ORD                        Sale                   -6,118                 39.99 GBP
       ORD                        Sale                   -5,669                 39.99 GBP
       ORD                        Sale                   -4,219                 39.99 GBP
       ORD                        Sale                   -4,024                 39.99 GBP
       ORD                        Sale                   -3,230                 39.99 GBP
       ORD                        Sale                   -3,085                 39.99 GBP
       ORD                        Sale                   -1,999                 39.99 GBP
       ORD                        Sale                   -1,829                 39.99 GBP
       ORD                        Sale                   -1,818                 39.99 GBP
       ORD                        Sale                   -1,594                 39.99 GBP
       ORD                        Sale                   -1,548                 39.99 GBP
       ORD                        Sale                   -1,540                 39.99 GBP
       ORD                        Sale                   -1,509                 39.99 GBP
       ORD                        Sale                   -1,479                 39.99 GBP
       ORD                        Sale                   -1,303                 39.99 GBP
       ORD                        Sale                   -1,267                 39.99 GBP
       ORD                        Sale                   -1,113                 39.99 GBP
       ORD                        Sale                    -917                  39.99 GBP
       ORD                        Sale                    -825                  39.99 GBP
       ORD                        Sale                    -795                  39.99 GBP
       ORD                        Sale                    -730                  39.99 GBP
       ORD                        Sale                    -720                  39.99 GBP
       ORD                        Sale                    -701                  39.99 GBP
       ORD                        Sale                    -666                  39.99 GBP
       ORD                        Sale                    -599                  39.99 GBP
       ORD                        Sale                    -534                  39.99 GBP
       ORD                        Sale                    -509                  39.99 GBP
       ORD                        Sale                    -500                  39.99 GBP
       ORD                        Sale                    -488                  39.99 GBP
       ORD                        Sale                    -487                  39.99 GBP
                                                                                                                 3     
       ORD                        Sale                    -434                  39.99 GBP
       ORD                        Sale                    -367                  39.99 GBP
       ORD                        Sale                    -358                  39.99 GBP
       ORD                        Sale                    -264                  39.99 GBP
       ORD                        Sale                    -210                  39.99 GBP
       ORD                        Sale                    -149                  39.99 GBP
       ORD                        Sale                     -94                  39.99 GBP
       ORD                        Sale                     -26                  39.99 GBP

(b)       Cash-settled derivative transactions

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




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

(i)       Writing, selling, purchasing or varying

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



(ii)      Exercise

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



(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”
                                                                                                                      4




(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:                                           26 January 2016      

Contact name:                                                Latoya Henderson 

Telephone number:                                             0207 002 7394 


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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