REG-BARCLAYS PLC FORM 8.5 (EPT/NON-RI) - WILLIAM HILL PLC

BarclaysAnnouncement

08/04/2021 11:55

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FORM 8.5 (EPT/NON-RI) - WILLIAM HILL PLC

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR
WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION
 (a) Name of exempt principal trader:                                             BARCLAYS CAPITAL SECURITIES LTD  
 (b) Name of offeror/offeree in relation to whose relevant securities this form   WILLIAM HILL PLC                 
 relates:                                                                                                          
 
                                                                                                                 
 Use a separate form for each offeror/offeree                                                                      
 (c) Name of the party to the offer with which exempt principal trader is         WILLIAM HILL PLC                 
 connected:                                                                                                        
 (d) Date position held/dealing undertaken:                                       7 April 2021                     
 
                                                                                                                 
 For an opening position disclosure, state the latest practicable date prior to                                    
 the disclosure                                                                                                    
 (e) In addition to the company in 1(b) above, is the exempt principal trader     NO                               
 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 EXEMPT PRINCIPAL TRADER

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(b), 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:                                    10p ordinary                               
                                                                Interests            Short Positions       
                                                                Number        (%)    Number      (%)       
 (1)             Relevant securities owned                                                                 
                 and/or controlled:                             59,459,519    5.66%  21,499,854  2.05%     
                                                                                                           
 (2)             Cash-settled derivatives:                                                                 
                                                                21,468,766    2.04%  53,293,270  5.07%     
                                                                                                           
 (3)             Stock-settled derivatives (including options)                                             
                 and agreements to purchase/sell:               0             0.00%  0           0.00%     
                                                                                                           
 (4)                                                                                                       
                 TOTAL:                                         80,928,285    7.70%  74,793,124  7.12%     
                                                                                                           


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 EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(b), 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                         Total number of    Highest price per unit  Lowest price per unit  
 security                                                 securities         paid/received           paid/received          
 10p ordinary       Purchase                              6,987,060          2.7547 GBP              2.738 GBP              
 10p ordinary       Sale                                  7,213,055          2.7510 GBP              2.738 GBP              
                                                                                                                            
 (b)                Cash-settled derivative transactions                                                                    
 Class of           Product                               Nature of dealing  Number of               Price per              
 relevant           description                                              reference               unit                   
 security                                                                    securities                                     
 10p ordinary       SWAP                                  Long               700                     2.7436 GBP             
 10p ordinary       CFD                                   Long               22,383                  2.7420 GBP             
 10p ordinary       SWAP                                  Long               118,560                 2.7484 GBP             
 10p ordinary       SWAP                                  Long               129,942                 2.7433 GBP             
 10p ordinary       SWAP                                  Long               355,750                 2.7481 GBP             
 10p ordinary       CFD                                   Short              18,830                  2.7499 GBP             
 10p ordinary       CFD                                   Short              22,383                  2.7420 GBP             
 10p ordinary       SWAP                                  Short              27,218                  2.7547 GBP             
 10p ordinary       SWAP                                  Short              66,936                  2.7450 GBP             
 10p ordinary       SWAP                                  Short              74,793                  2.7397 GBP             


(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                           Expiry date  Option money paid/ received per unit  
                                                                                                                                                                                      
                                                                                 
                                                                                                                                                                                      e.g. American, European etc.                                                      
                                                                                                                                                                                                                                                                        


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


(d) Other dealings (including subscribing for new securities)
 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)  
                             
                                                                        
                             e.g. subscription, conversion                                            
                                                                                                      
                             
                                                                        
                                                                                                      


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 exempt      
 principal trader 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 exempt principal trader 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:  8 April 2021                          
 Contact name:        Large Holdings Regulatory Operations  
 Telephone number:    020 3134 7213                         


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
(http://www.thetakeoverpanel.org.uk/) .



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