REG - Royal Bank of CanadaMicrochip Technology - Form 8.3 - Microchip Technology Inc <Origin Href="QuoteRef">MCHP.O</Origin>

Microchip TechnologyAnnouncement

29/10/2014 07:39

RNS Number : 6624Q
Royal Bank of Canada
02 September 2014
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 being disclosed:
Royal Bank of Canada
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
 The naming of nominee or vehicle companies is insufficient
RBC Capital Markets, LLC, an indirectly wholly-owned subsidiary of Royal Bank of Canada
RBC Dominion Securities Inc., an indirectly wholly-owned subsidiary of Royal Bank of Canada
RBC Global Asset Management (U.S.) Inc., an indirectly wholly-owned subsidiary of Royal Bank of Canada
RBC Trust Company (Jersey) Limited, an indirectly wholly-owned subsidiary of Royal Bank of Canada
RBC Trust Company (Delaware) Limited, an indirectly wholly-owned subsidiary of Royal Bank of Canada
RBC Capital Markets Arbitrage S.A., an indirectly wholly-owned subsidiary of Royal Bank of Canada
Royal Trust Corporation of Canada, a directly wholly-owned subsidiary of Royal Bank of Canada 
RBC Phillips, Hager & North Investment Counsel Inc., an indirectly wholly-owned subsidiary of Royal Bank of Canada
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
 Use a separate form for each offeror/offeree
Microchip Technology Incorporated
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A
(e) Date position held/dealing undertaken:
August 29, 2014
(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?
NO
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:

Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
2,847,057
1.42
658,777
0.33
(2) Derivatives (other than options):




(3) Options and agreements to purchase/sell:
* Please see Appendix A for details



 TOTAL (does not include options):
2,847,057
1.42
658,777
0.33
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).
(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 security
Purchase/sale
Number of securities
Price per unit
Common Stock
Purchase
4,446
US$48.478 (average)
Common Stock
Purchase
12
US$48.592 (average)
Common Stock
Purchase
41
US$48.640 (average)
Common Stock
Purchase
2,378
US$48.431 (average)
Common Stock
Sale
687
US$48.418 (average)
Common Stock
Sale
4
US$48.692 (average)
Common Stock
Sale
12,220
US$48.654 (average)
(b) Derivatives transactions (other than options)
Class of relevant security
Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities
Price per unit




(c) Options transactions in respect of existing securities
(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
e.g. American, European etc.
Expiry date
Option money paid/ received per unit








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



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




The currency of all prices and other monetary amounts should be stated.
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"
N/A
(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"
N/A
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached?
NO
Date of disclosure:
August 29, 2014
Contact name:
Javier Gonzalez
Telephone number:
+1.416.974.2291
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.


APPENDIX A
* Royal Bank of Canada subsidiaries listed above also hold the following short call options:
Underlying Security
Expiry Date
Exercise Price (USD)
Number of Options 
Number of Securities Per Option
Total Number of Securities 
Microchip Technology Incorporated
January 17, 2015
45.00
3
100
300
Microchip Technology Incorporated
January 17, 2015
50.00
5
100
500
Microchip Technology Incorporated
October 18, 2014
50.00
6
100
600
Microchip Technology Incorporated
October 18, 2014
49.00
7
100
700
Microchip Technology Incorporated
January 17, 2015
50.00
7
100
700
Microchip Technology Incorporated
January 17, 2015
55.00
66
100
6,600
Microchip Technology Incorporated
October 18, 2014
50.00
100
100
10,000
Total

194

19,400

This information is provided by RNS
The company news service from the London Stock Exchange
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