KENZ: BARCLAYS PLC: Form 8.3 - KENTZ CORPORATION LTD

  KENZ: BARCLAYS PLC: Form 8.3 - KENTZ CORPORATION LTD

UK Regulatory Announcement

LONDON

                                   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  Barclays PLC.
     are being disclosed:                              
(b)   Owner or controller of interest and short
     positions disclosed, if different from 1(a):      
(c)   Name of offeror/offeree in relation to whose      KENTZ CORPORATION LTD
     relevant securities this form relates:            
(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:            12 September 2013
(f)   Has the discloser previously disclosed, or are    NO
      they today disclosing, under the Code in
      respect
     of any other party to this offer?                 

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                      ORD                      
security:
                                          Interests          Short Positions
                                        Number      (%)     Number    (%)
(1)                 Relevant securities
                    owned
                    and/or controlled:    1,027,221   0.87%   164,669   0.14%
                                                                   
(2)                 Derivatives (other
                    than
                    options):             164,281     0.14%   210,084   0.18%
                                                                   
(3)                 Options and
                    agreements to
                    purchase/sell:        0           0.00%   0         0.00%
                                                                   
(4)                 TOTAL:
                                          1,191,502   1.01%   374,753   0.32%

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  Purchase/sale  Number of   Price per unit
security                           securities   
ORD                 Purchase        938          4.8410 GBP
ORD                 Purchase        2,159        4.8825 GBP
ORD                 Purchase        2,930        4.9395 GBP
ORD                 Purchase        3,343        4.8503 GBP
ORD                 Purchase        3,618        4.9088 GBP
ORD                 Purchase        4,114        4.9007 GBP
ORD                 Purchase        4,671        4.8805 GBP
ORD                 Purchase        7,279        4.8985 GBP
ORD                 Purchase        22,187       4.8509 GBP
ORD                 Purchase        107,331      4.9307 GBP
ORD                 Purchase        133,156      4.8976 GBP
ORD                 Sale            2,710        4.9427 GBP
ORD                 Sale            5,108        4.9317 GBP
ORD                 Sale            10,000       4.9199 GBP
ORD                 Sale            25,000       4.8996 GBP
ORD                 Sale            45,988       4.9264 GBP

(b) Derivatives transactions (other than options)

Class of  Product      Nature of dealing  Number of   Price per
relevant   description                       reference    unit
security                                   securities   
ORD        SWAP          Long                900          4.9649 GBP
ORD        SWAP          Long                2,542        4.9540 GBP
ORD        CFD           Long                5,214        4.8742 GBP
ORD        SWAP          Long                37,332       4.9307 GBP
ORD        SWAP          Short               1,228        4.8908 GBP
ORD        CFD           Short               1,264        4.9126 GBP
ORD        CFD           Short               2,529        4.9424 GBP
ORD        CFD           Short               5,214        4.8278 GBP
ORD        CFD           Short               9,112        4.9238 GBP
ORD        SWAP          Short               27,352       4.9314 GBP
ORD        SWAP          Short               40,390       4.9282 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

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

(ii) Exercising

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

(d) Other dealings (including subscribing for new securities)

                    Nature of dealing
Class of relevant                      Details  Price per unit (if
security            e.g. subscription,             applicable)
                    conversion

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”
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”
NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?  NO
Date of disclosure:                                   13 Sep 2013
Contact name:                                         Rajesh Muthanna
Telephone number:                                     020 3555 4634

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.

Contact:

BARCLAYS PLC
 
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