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Barclays Capital Inc, an exempt principal trader connected to GXO Logistics, Inc., made a Rule 8.5 public dealing disclosure on 29 April 2022, also referencing disclosures for Clipper Logistics PLC. On 27 April 2022, Barclays Capital Inc purchased 56,868 USD0.01 common stock of GXO Logistics Inc. at prices ranging from 60.0062 USD to 61.5857 USD, and sold an equal volume of 56,868 shares between 59.4425 USD and 61.4735 USD. Following these transactions, the exempt principal trader's total interest in GXO Logistics Inc. USD0.01 common stock was 32 shares, representing 0.00%.
| Date | 29 Apr 2022 |
| Time | 14:50:30 |
| Category | Holding(s) in company |
| ID | 9273J |
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FORM 8.5 (EPT/NON-RI) Amendment to Sale |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL INC |
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(b) |
Name of offeror/offeree in relation to whose |
GXO LOGISTICS INC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
GXO Logistics, Inc |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
27 April 2022 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
CLIPPER LOGISTICS PLC |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
USD0.01 common stock |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
32 |
0.00% |
0 |
0.00% |
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(2) |
Cash-settled derivatives: |
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0 |
0.00% |
0 |
0.00% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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32 |
0.00% |
0 |
0.00% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
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Purchase/sale |
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Total number of |
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Highest price per unit |
Lowest price per unit |
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security |
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securities |
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paid/received |
paid/received |
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USD0.01 common stock |
Purchase |
56,868 |
61.5857 USD |
60.0062 USD |
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USD0.01 common stock |
Sale |
56,868 |
61.4735 USD |
59.4425 USD |
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(b) |
Cash-settled derivative transactions |
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Class of relevant |
Product |
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Nature of dealing |
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Number of |
Price per unit |
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security |
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description |
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reference |
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securities |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
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Nature of Dealings |
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Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
29 Apr 2022 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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