t
Barclays Capital Securities Ltd, an exempt principal trader connected to a consortium comprising Tinicum Incorporated and Blackstone Private Investments Advisors L.L.C. regarding an offer for Senior PLC, disclosed its dealings and positions on March 20, 2026, for transactions occurring on March 19, 2026. On March 19, 2026, Barclays Capital Securities Ltd purchased 430,161 Senior PLC 10p ordinary shares and sold 571,585 shares, with prices ranging from 2.6950 GBP to 2.7850 GBP. Following these dealings, the exempt principal trader held total interests of 9,000,753 Senior PLC 10p ordinary shares (2.15%) and total short positions of 9,165,245 shares (2.19%).
| Date | 20 Mar 2026 |
| Time | 09:07:08 |
| Category | Holding(s) in company |
| ID | 4803X |
|
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 |
|
SENIOR PLC |
||||
|
|
relevant securities this form relates: |
|
|||||
|
(c) |
Name of the party to the offer with which exempt |
A CONSORTIUM COMPRISING TINICUM INCORPORATED AND BLACKSTONE PRIVATE INVESTMENTS ADVISORS L.L.C. |
|||||
|
|
principal trader is connected |
|
|
||||
|
(d) |
Date position held/dealing undertaken: |
|
19 Mar 2026 |
||||
|
(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
|
|
|||
|
|
trader making disclosures in respect of any other party to the offer? |
|
|
||||
|
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: |
10p ordinary |
||||||
|
|
Interests |
Short Positions |
|||||
|
|
Number |
(%) |
Number |
(%) |
|||
|
(1) |
Relevant securities owned |
|
|
|
|
||
|
|
and/or controlled: |
|
|
8,106,719 |
1.93% |
1,068,218 |
0.25% |
|
(2) |
Cash-settled derivatives: |
|
|
|
|
||
|
|
and/or controlled: |
|
|
894,034 |
0.21% |
8,097,027 |
1.93% |
|
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
||
|
|
and agreements to purchase/sell: |
|
|
0 |
0.00% |
0 |
0.00% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL: |
|
|
9,000,753 |
2.15% |
9,165,245 |
2.19% |
|
(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 |
|||
|
10p ordinary |
Purchase |
430,161 |
2.7700 GBP |
2.6950 GBP |
|||
|
10p ordinary |
Sale |
571,585 |
2.7850 GBP |
2.6950 GBP |
|||
|
|
|
|
|
|
|
|
|
|
(b) |
Cash-settled derivative transactions |
|
|||||
|
Class of |
Product |
Nature of dealing |
Number of |
Price per |
|||
|
relevant |
description |
|
reference |
unit |
|||
|
security |
|
|
securities |
|
|||
|
10p ordinary |
SWAP |
Decreasing Short |
125,105 |
2.7188 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
17,249 |
2.7125 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
26,559 |
2.7130 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
1,857 |
2.7132 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
17,684 |
2.7147 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
13,316 |
2.7149 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
31,217 |
2.7150 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
1,700 |
2.7160 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
2,757 |
2.7167 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
27,665 |
2.7173 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
4,412 |
2.7183 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
1,906 |
2.7195 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
32,995 |
2.7212 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
1,077 |
2.7215 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
15,000 |
2.7268 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
2,545 |
2.7285 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
7,020 |
2.7334 GBP |
|||
|
10p ordinary |
SWAP |
Decreasing Short |
634 |
2.7798 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
5,408 |
2.7077 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
12,661 |
2.7085 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
21,277 |
2.7100 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
4,192 |
2.7147 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
11,352 |
2.7148 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
72,283 |
2.7150 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
10,837 |
2.7283 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
10,531 |
2.7288 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
6,423 |
2.7310 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
100 |
2.7650 GBP |
|||
|
10p ordinary |
SWAP |
Increasing Short |
1,200 |
2.7700 GBP |
|||
|
10p ordinary |
CFD |
Decreasing Short |
7,233 |
2.7472 GBP |
|||
|
10p ordinary |
CFD |
Increasing Short |
9,143 |
2.7172 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 |
|
|
securities |
unit |
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
(d) |
Other dealings (including subscribing for new securities) |
|
|||||
|
Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
||||
|
security |
|
|
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: |
20 Mar 2026 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|