REG-BARCLAYS PLC Form 8.5 (EPT/NON-RI) - RSA INSURANCE GROUP PLC - Amendment

BarclaysAnnouncement

16/12/2020 07:00

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Form 8.5 (EPT/NON-RI) - RSA INSURANCE GROUP PLC - Amendment

 

FORM 8.5 (EPT/NON-RI) Amendment to Sales

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                           RSA INSURANCE GROUP PLC                                                           
      relevant securities this form relates:                                 
 (c)  Name of the party to the offer with which exempt                       Regent Bidco Limited (a wholly-owned subsidiary of Intact Financial Corporation)  
      principal trader is connected                                          
 (d)  Date position held/dealing undertaken:                                 10 December 2020                                                                  
 (e)  In addition to the company in 1(b) above, is the exempt principal      NO                                                                                
      trader making disclosures in respect of any other party to the offer?                                                                                    


2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:                                    100p ordinary                               
                                                                Interests             Short Positions       
                                                                Number         (%)    Number      (%)       
 (1)             Relevant securities owned                                                                  
                 and/or controlled:                             15,489,714     1.50%  3,429,621   0.33%     
                                                                                                            
 (2)             Cash-settled derivatives:                      2,467,507      0.24%  10,873,634  1.05%     
                                                                                                            
 (3)             Stock-settled derivatives (including options)                                              
                 and agreements to purchase/sell:               0              0.00%  0           0.00%     
                                                                                                            
                 TOTAL:                                         17,957,221     1.73%  14,303,255  1.38%     


(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:    


3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(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          
 100p ordinary      Purchase       885,568          6.7624 GBP              6.754 GBP              
 100p ordinary      Sale           1,273,612        6.7620 GBP              6.754 GBP              


(b) Cash-settled derivative transactions
 Class of       Product      Nature of dealing  Number of   Price per   
 relevant       description                     reference   unit        
 security                                       securities              
 100p ordinary  SWAP         Long               3,757       6.7579 GBP  
 100p ordinary  SWAP         Long               5,865       6.7583 GBP  
 100p ordinary  SWAP         Long               66,831      6.7569 GBP  
 100p ordinary  SWAP         Long               70,348      6.7580 GBP  
 100p ordinary  SWAP         Long               112,527     6.7571 GBP  
 100p ordinary  SWAP         Long               312,086     6.7570 GBP  
 100p ordinary  CFD          Short              672         6.7586 GBP  
 100p ordinary  SWAP         Short              1,000       6.7624 GBP  
 100p ordinary  SWAP         Short              4,042       6.7578 GBP  
 100p ordinary  SWAP         Short              4,256       6.7573 GBP  
 100p ordinary  SWAP         Short              13,888      6.7579 GBP  
 100p ordinary  CFD          Short              62,728      6.7578 GBP  
 100p ordinary  SWAP         Short              96,369      6.7591 GBP  


(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           date    money     
 relevant               selling,     securities  per unit                paid/     
 security               varying etc  to which                            received  
                                     option                              per unit  
                                     relates                                       
                                                                                   


(ii) Exercising
 Class of relevant  Product description  Exercising/ exercised against  Number of   Exercise price per  
 security                                                               securities  unit                
                                                                                                        


(d) Other dealings (including subscribing for new securities)
 Class of relevant  Nature of Dealings  Details  Price per unit (if  
 security                                        applicable)         
                                                                     


4. OTHER INFORMATION

(a) Indemnity and other dealings 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:  
 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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:                                               
 NONE                                                                                                                                                                     


(c) Attachments
 Is a Supplemental Form 8 (Open Positions) attached?  NO                                    
 Date of disclosure:                                  16 Dec 2020                           
 Contact name:                                        Large Holdings Regulatory Operations  
 Telephone number:                                    020 3134 7213                         


 



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