New Zealand markets closed
  • NZX 50

    11,065.71
    -134.33 (-1.20%)
     
  • NZD/USD

    0.5598
    -0.0133 (-2.32%)
     
  • NZD/EUR

    0.5703
    -0.0129 (-2.22%)
     
  • ALL ORDS

    6,678.70
    -81.90 (-1.21%)
     
  • ASX 200

    6,474.20
    -80.80 (-1.23%)
     
  • OIL

    79.74
    -1.49 (-1.83%)
     
  • GOLD

    1,668.30
    -0.30 (-0.02%)
     
  • NASDAQ

    10,971.22
    -193.56 (-1.73%)
     
  • FTSE

    6,893.81
    +12.22 (+0.18%)
     
  • Dow Jones

    28,725.51
    -500.10 (-1.71%)
     
  • DAX

    12,114.36
    +138.81 (+1.16%)
     
  • Hang Seng

    17,222.83
    +56.96 (+0.33%)
     
  • NIKKEI 225

    25,937.21
    -484.84 (-1.83%)
     
  • NZD/JPY

    80.9920
    -1.7550 (-2.12%)
     

Form 8.3 - Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)

·9-min read

LONDON, August 12, 2022--(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:

Millennium International Management LP

(b) Owner or controller of interests and short positions disclosed, if different from 1(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:

Use a separate form for each offeror/offeree

Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

11th August 2022

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

Yes, Avast plc.

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:

USD 0.01 common (US6687711084)

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

1,566,570

0.274%

789,049

0.138%

(2) Cash-settled derivatives:

-

-

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

59,700

0.010%

-

-

TOTAL:

1,626,270

0.285%

789,049

0.138%

Class of relevant security:

2.000% Senior Unsecured Convertible Notes August 2022 (US668771AB40)

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

-

-

-

-

(2) Cash-settled derivatives:

-

-

-

-

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

-

-

-

-

TOTAL:

-

-

-

-

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 (USD)

US6687711084

Sale

40

24.29

US6687711084

Sale

30

24.27

US6687711084

Sale

584

24.25

US6687711084

Sale

709

24.26

US6687711084

Sale

12,027

24.24

US6687711084

Sale

4,539

24.28

US6687711084

Sale

200

24.33

US6687711084

Sale

410

24.32

US6687711084

Sale

1,746

24.31

US6687711084

Sale

50

24.30

US6687711084

Purchase

28

24.23

US6687711084

Sale

30,347

24.23

US6687711084

Purchase

7

24.21

US6687711084

Purchase

16

24.22

US6687711084

Sale

1,422

24.22

US6687711084

Sale

120

24.20

US6687711084

Sale

121

24.15

US6687711084

Sale

1,100

24.18

US6687711084

Sale

46

24.13

US6687711084

Sale

301

24.17

US6687711084

Sale

403

24.16

US6687711084

Sale

200

24.14

US6687711084

Sale

100

24.11

US6687711084

Purchase

39

24.10

US6687711084

Sale

1,286

24.10

US6687711084

Sale

12,637

24.09

US6687711084

Sale

99

24.12

US6687711084

Purchase

1

24.06

US6687711084

Sale

1,014

24.06

US6687711084

Purchase

4

24.04

US6687711084

Sale

29

24.04

US6687711084

Sale

100

24.08

US6687711084

Sale

38,139

24.07

US6687711084

Purchase

70

24.25

US6687711084

Purchase

554

24.24

US6687711084

Purchase

345

24.28

US6687711084

Purchase

49

24.31

US6687711084

Purchase

693

24.30

US6687711084

Purchase

126

24.20

US6687711084

Purchase

5

24.15

US6687711084

Purchase

35

24.16

US6687711084

Purchase

7,854

24.05

US6687711084

Purchase

1,106

24.34

US6687711084

Purchase

2,167

24.29

US6687711084

Purchase

6,368

24.27

US6687711084

Purchase

27,516

24.25

US6687711084

Purchase

5,689

24.26

US6687711084

Purchase

7,250

24.24

US6687711084

Purchase

1,407

24.28

US6687711084

Purchase

549

24.33

US6687711084

Purchase

1,999

24.32

US6687711084

Purchase

1,627

24.31

US6687711084

Purchase

100

24.37

US6687711084

Purchase

100

24.35

US6687711084

Purchase

100

24.36

US6687711084

Purchase

5,511

24.30

US6687711084

Purchase

1,544

24.23

US6687711084

Purchase

4,158

24.21

US6687711084

Purchase

10,717

24.20

US6687711084

Purchase

702

24.19

US6687711084

Purchase

500

24.15

US6687711084

Purchase

65

24.17

US6687711084

Purchase

300

24.16

US6687711084

Purchase

113

24.14

US6687711084

Purchase

1,254

24.11

US6687711084

Purchase

7,772

24.10

US6687711084

Purchase

6,108

24.09

US6687711084

Purchase

6,268

24.06

US6687711084

Purchase

6,398

24.05

US6687711084

Purchase

8,128

24.08

US6687711084

Purchase

850

24.07

US6687711084

Purchase

102

24.34

US6687711084

Sale

781

24.34

US6687711084

Purchase

279

24.29

US6687711084

Purchase

2,509

24.27

US6687711084

Sale

300

24.27

US6687711084

Purchase

660

24.25

US6687711084

Sale

600

24.25

US6687711084

Purchase

7,872

24.26

US6687711084

Purchase

4,670

24.24

US6687711084

Sale

200

24.24

US6687711084

Purchase

158

24.28

US6687711084

Purchase

185

24.33

US6687711084

Sale

300

24.33

US6687711084

Purchase

800

24.32

US6687711084

Purchase

633

24.31

US6687711084

Purchase

5

24.37

US6687711084

Purchase

200

24.35

US6687711084

Purchase

77

24.30

US6687711084

Purchase

621

24.23

US6687711084

Purchase

3,231

24.21

US6687711084

Purchase

42

24.22

US6687711084

Sale

100

24.22

US6687711084

Purchase

100

24.20

US6687711084

Purchase

191

24.19

US6687711084

Purchase

1,903

24.15

US6687711084

Sale

100

24.15

US6687711084

Purchase

213

24.18

US6687711084

Sale

400

24.18

US6687711084

Purchase

100

24.13

US6687711084

Purchase

346

24.17

US6687711084

Purchase

2,060

24.16

US6687711084

Purchase

217

24.14

US6687711084

Sale

100

24.14

US6687711084

Purchase

1,844

24.11

US6687711084

Sale

100

24.11

US6687711084

Purchase

828

24.10

US6687711084

Purchase

459

24.09

US6687711084

Purchase

2,608

24.06

US6687711084

Sale

373

24.06

US6687711084

Purchase

17,172

24.05

US6687711084

Sale

9,816

24.05

US6687711084

Purchase

310

24.04

US6687711084

Sale

400

24.04

US6687711084

Purchase

1,263

24.08

US6687711084

Sale

5

24.08

US6687711084

Purchase

3,050

24.07

US6687711084

Sale

221

24.07

US6687711084

Purchase

500

24.03

US6687711084

Purchase

15

24.34

US6687711084

Purchase

10

24.29

US6687711084

Purchase

226

24.27

US6687711084

Sale

1,500

24.27

US6687711084

Purchase

285

24.25

US6687711084

Sale

113

24.25

US6687711084

Purchase

200

24.26

US6687711084

Sale

6

24.26

US6687711084

Sale

600

24.24

US6687711084

Purchase

530

24.28

US6687711084

Sale

705

24.28

US6687711084

Purchase

57

24.33

US6687711084

Sale

4

24.33

US6687711084

Purchase

64

24.32

US6687711084

Purchase

290

24.31

US6687711084

Sale

2

24.31

US6687711084

Purchase

11

24.37

US6687711084

Purchase

11

24.39

US6687711084

Purchase

8

24.35

US6687711084

Purchase

4

24.30

US6687711084

Sale

8

24.30

US6687711084

Sale

695

24.21

US6687711084

Sale

1,750

24.22

US6687711084

Sale

4,211

24.20

US6687711084

Purchase

203

24.19

US6687711084

Sale

487

24.19

US6687711084

Purchase

4

24.15

US6687711084

Sale

179

24.15

US6687711084

Sale

1

24.18

US6687711084

Sale

200

24.13

US6687711084

Sale

5

24.17

US6687711084

Sale

597

24.16

US6687711084

Sale

4

24.14

US6687711084

Sale

6

24.11

US6687711084

Sale

367

24.10

US6687711084

Sale

1,203

24.09

US6687711084

Sale

9

24.12

US6687711084

Sale

60

24.06

US6687711084

Sale

1,848

24.05

US6687711084

Sale

496

24.08

US6687711084

Sale

1,336

24.07

US6687711084

Purchase

1,832

24.05

US6687711084

Purchase

104

24.34

US6687711084

Purchase

38

24.25

US6687711084

Purchase

2

24.32

US6687711084

Purchase

7

24.09

US6687711084

Purchase

5

24.06

US6687711084

Purchase

763

24.05

US6687711084

Purchase

30

24.08

US6687711084

Purchase

1

24.07

(b) Cash-settled derivative transactions

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit
(USD)

(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 (USD)

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

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?

YES

Date of disclosure:

12th August 2022

Contact name:

Roisin Nagle

Telephone number:

+44 203 192 8746

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1. KEY INFORMATION

Full name of person making disclosure:

Millennium International Management LP

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Nitro Bidco Limited (a wholly-owned subsidiary of NortonLifeLock Inc.)

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit (USD)

Type

e.g. American, European etc.

Expiry date

US6687711084

Call Option

Purchased

8,000

25.00

American

20/01/2023

US6687711084

Call Option

Purchased

51,700

23.00

American

19/08/2022

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20220812005307/en/

Contacts

Millennium Partners, L.P.