Form 8.5 (EPT/NON-RI)

RNS Number : 9517F

Barclays PLC

24 March 2022

FORM 8.5 (EPT/NON-RI)
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				CLIPPER LOGISTICS PLC
	relevant securities this form relates:				CLIPPER LOGISTICS PLC
(c)	Name of the party to the offer with which exempt				GXO Logistics, Inc
	principal trader is connected				GXO Logistics, Inc
(d)	Date position held/dealing undertaken:				23 March 2022
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				GXO LOGISTICS INC
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:			0.05p ordinary
			Interests		Short Positions
			Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:		1,105,872	0.96%	109,743	0.10%

(2)	Cash-settled derivatives:
			33,433	0.03%	1,060,056	0.92%

(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%


	TOTAL:		1,139,305	0.99%	1,169,799	1.02%

(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
0.05p ordinary		Purchase		57,255		8.8700 GBP	8.8265 GBP
0.05p ordinary		Sale		89,637		8.8700 GBP	8.8178 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
0.05p ordinary		SWAP		Decreasing Long		53	8.8607 GBP
0.05p ordinary		SWAP		Decreasing Short		423	8.8600 GBP
0.05p ordinary		SWAP		Increasing Short		39	8.8688 GBP
0.05p ordinary		SWAP		Increasing Short		87	8.8099 GBP
0.05p ordinary		SWAP		Increasing Short		100	8.8299 GBP
0.05p ordinary		SWAP		Increasing Short		288	8.8355 GBP
0.05p ordinary		SWAP		Increasing Short		390	8.8372 GBP
0.05p ordinary		SWAP		Increasing Short		423	8.8200 GBP
0.05p ordinary		SWAP		Increasing Short		499	8.8321 GBP
0.05p ordinary		SWAP		Increasing Short		588	8.8500 GBP
0.05p ordinary		SWAP		Increasing Short		648	8.8199 GBP
0.05p ordinary		SWAP		Increasing Short		735	8.8640 GBP
0.05p ordinary		SWAP		Increasing Short		1,449	8.8700 GBP
0.05p ordinary		SWAP		Increasing Short		1,485	8.8716 GBP
0.05p ordinary		SWAP		Increasing Short		2,272	8.8591 GBP
0.05p ordinary		SWAP		Increasing Short		3,869	8.8584 GBP
0.05p ordinary		SWAP		Increasing Short		4,295	8.8595 GBP
0.05p ordinary		CFD		Increasing Short		7,478	8.8692 GBP
0.05p ordinary		CFD		Increasing Short		11,122	8.8494 GBP
0.05p ordinary		CFD		Increasing Short		19,589	8.8514 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				Exercising/ exercised against		securities	unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security				Details		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:				24 Mar 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOSEFFLLEESEED

TIDM	BARC
Share Price	494.70p0.39%
Market Cap	£66.57bn

Date	24 Mar 2022
Time	14:26:35
Category	Holding(s) in company
ID	9517F

TIDM	BARC
Share Price	494.70p0.39%
Market Cap	£66.57bn

Date	24 Mar 2022
Time	14:26:35
Category	Holding(s) in company
ID	9517F

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Form 8.5 (EPT/NON-RI)