Form 8.3 - GKN plc

LONDON--(BUSINESS WIRE)--

			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:		MELQART ASSET MANAGEMENT (UK) LTD
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):		N/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 relevant securities this form relates:		GKN plc
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:		N/A
(e) Date position held/dealing undertaken:		20 March 2018
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 discloser making disclosures in respect of any other party to the offer?		YES - Melrose Industries plc
If it is a cash offer or possible cash offer, state “N/A”		If YES, specify which:

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 and/or controlled:
(2) Cash-settled derivatives:				17,416,827	1.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:				17,416,827	1.01%
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 security		Purchase/sale		Number of securities		Price per unit
(b)	Cash-settled derivative transactions
Class of relevant security		Product description	Nature of dealing		Number of reference securities		Price per unit (GBp)
		e.g. CFD	e.g. opening/closing a long/short position, increasing/reducing a long/short position
10p Ordinary shares		CFD	Increasing a long position		500,000		418.543
10p Ordinary shares		CFD	Increasing a long position		100,000		418.543
10p Ordinary shares		CFD	Increasing a long position		650,000		419.486
10p Ordinary shares		CFD	Increasing a long position		1,500,000		420.319
10p Ordinary shares		CFD	Increasing a long position		500,000		422.295
10p Ordinary shares		CFD	Increasing a long position		120,591		420.731
(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 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”
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:				21 March 2018
Contact name:				J. H. Austin
Telephone number:				020 3826 4492
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 [phone].
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET

Sequence Number: 643510

Time of Receipt (offset from UTC): 20180320T182354+0000