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Barclays Capital Securities Ltd, an exempt principal trader connected to Zeus UK Bidco Limited's offer for Senior PLC, filed a Form 8.5 disclosure on 28 May 2026 detailing its positions and dealings as of 27 May 2026. Following these dealings, Barclays Capital Securities Ltd held total interests of 28,302,674 Senior PLC 10p ordinary shares (6.75%) and total short positions of 28,312,545 shares (6.75%). On 27 May 2026, it purchased 1,100,768 shares and sold 362,669 shares, and undertook multiple cash-settled derivative transactions.
| Date | 28 May 2026 |
| Time | 11:54:21 |
| Category | Holding(s) in company |
| ID | 0922G |
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FORM 8.5 (EPT/NON-RI) |
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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: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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SENIOR PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
ZEUS UK BIDCO LIMITED (A NEWLY FORMED COMPANY TO BE INDIRECTLY CONTROLLED BY INVESTMENT FUNDS ADVISED BY AFFILIATES OF TINICUM INCORPORATED AND BLACKSTONE INC.) |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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27 May 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
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trader making disclosures in respect of any other party to the offer? |
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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: |
10p ordinary |
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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: |
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24,338,668 |
5.80% |
4,026,360 |
0.96% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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3,964,006 |
0.95% |
24,286,185 |
5.79% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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28,302,674 |
6.75% |
28,312,545 |
6.75% |
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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 |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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10p ordinary |
Purchase |
1,100,768 |
2.8794 GBP |
2.8700 GBP |
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10p ordinary |
Sale |
362,669 |
2.8777 GBP |
2.8700 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10p ordinary |
SWAP |
Decreasing Short |
3,322 |
2.8700 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
15,941 |
2.8702 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
27,714 |
2.8708 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,144 |
2.8709 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
45,772 |
2.8713 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,811 |
2.8722 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
63,083 |
2.8748 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,800 |
2.8749 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,115 |
2.8757 GBP |
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10p ordinary |
SWAP |
Increasing Short |
84,783 |
2.8700 GBP |
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10p ordinary |
SWAP |
Increasing Short |
90,268 |
2.8736 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,871 |
2.8748 GBP |
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10p ordinary |
SWAP |
Increasing Short |
7,385 |
2.8750 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,126 |
2.8752 GBP |
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10p ordinary |
SWAP |
Increasing Short |
5,752 |
2.8753 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,631 |
2.8755 GBP |
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10p ordinary |
SWAP |
Increasing Short |
8,209 |
2.8764 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,522 |
2.8767 GBP |
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10p ordinary |
SWAP |
Increasing Short |
64,896 |
2.8772 GBP |
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10p ordinary |
SWAP |
Increasing Short |
418,418 |
2.8780 GBP |
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10p ordinary |
SWAP |
Increasing Short |
34,874 |
2.8783 GBP |
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10p ordinary |
SWAP |
Increasing Short |
54,192 |
2.8792 GBP |
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10p ordinary |
CFD |
Increasing Long |
172,956 |
2.8748 GBP |
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10p ordinary |
CFD |
Decreasing Long |
516 |
2.8724 GBP |
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10p ordinary |
CFD |
Decreasing Long |
245,406 |
2.8797 GBP |
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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 |
Nature of Dealings |
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: |
28 May 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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