Form 8.3 - GXO Logistics, Inc

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LONDON, May 20, 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

GXO Logistics, 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

19th May 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, Clipper Logistics 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 stock (US36262G1013)

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

322,734

0.281%

-

-

(2) Cash-settled derivatives:

-

-

66,562

0.058%

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

-

-

-

-

TOTAL:

322,734

0.281%

66,562

0.058%

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)

US36262G1013

Purchase

2

54.03

US36262G1013

Purchase

42

52.80

US36262G1013

Purchase

73

53.11

US36262G1013

Purchase

86

52.79

US36262G1013

Purchase

2,197

52.31

US36262G1013

Sale

3,584

52.35

US36262G1013

Purchase

100

52.98

US36262G1013

Purchase

250

53.79

US36262G1013

Purchase

9

53.93

US36262G1013

Purchase

5

53.70

US36262G1013

Purchase

4,512

53.28

US36262G1013

Purchase

200

53.05

US36262G1013

Purchase

200

53.22

US36262G1013

Purchase

100

53.94

US36262G1013

Purchase

1,357

52.90

US36262G1013

Purchase

101

52.85

US36262G1013

Purchase

223

53.56

US36262G1013

Purchase

100

53.73

US36262G1013

Purchase

517

53.77

US36262G1013

Purchase

840

52.94

US36262G1013

Purchase

100

53.85

US36262G1013

Purchase

100

52.72

US36262G1013

Purchase

106

52.87

US36262G1013

Purchase

48

52.77

US36262G1013

Purchase

3,000

53.36

US36262G1013

Purchase

6

52.97

US36262G1013

Purchase

2,300

53.01

US36262G1013

Purchase

42

52.84

US36262G1013

Purchase

6

53.11

US36262G1013

Purchase

2,210

53.49

US36262G1013

Purchase

300

53.53

US36262G1013

Purchase

200

53.20

US36262G1013

Purchase

195

52.96

US36262G1013

Purchase

612

52.83

US36262G1013

Purchase

900

53.60

US36262G1013

Purchase

100

52.74

US36262G1013

Purchase

100

52.78

US36262G1013

Purchase

1,600

53.25

US36262G1013

Purchase

100

53.57

US36262G1013

Purchase

9

52.86

US36262G1013

Purchase

500

53.52

US36262G1013

Purchase

300

53.99

US36262G1013

Purchase

400

53.37

US36262G1013

Purchase

200

53.61

US36262G1013

Purchase

147

52.82

US36262G1013

Purchase

18

52.88

US36262G1013

Purchase

4

52.81

US36262G1013

Purchase

110

53.71

US36262G1013

Purchase

2,356

52.98

US36262G1013

Sale

47

52.69

US36262G1013

Purchase

716

52.89

US36262G1013

Sale

131

53.69

US36262G1013

Sale

198

53.79

US36262G1013

Sale

1

53.71

US36262G1013

Sale

100

53.28

US36262G1013

Sale

116

53.65

US36262G1013

Sale

164

53.22

US36262G1013

Purchase

1,500

52.85

US36262G1013

Purchase

15

53.40

US36262G1013

Purchase

304

52.94

US36262G1013

Sale

314

53.67

US36262G1013

Purchase

390

52.87

US36262G1013

Purchase

315

53.01

US36262G1013

Purchase

562

53.03

US36262G1013

Purchase

170

53.00

US36262G1013

Sale

91

53.75

US36262G1013

Purchase

100

52.99

US36262G1013

Purchase

741

52.80

US36262G1013

Purchase

585

52.84

US36262G1013

Sale

65

53.26

US36262G1013

Purchase

65

52.93

US36262G1013

Sale

25

53.11

US36262G1013

Sale

90

53.63

US36262G1013

Purchase

527

53.16

US36262G1013

Sale

1

53.49

US36262G1013

Sale

100

53.53

US36262G1013

Sale

375

53.38

US36262G1013

Purchase

926

53.04

US36262G1013

Purchase

227

53.31

US36262G1013

Sale

100

53.44

US36262G1013

Sale

68

53.09

US36262G1013

Sale

50

53.13

US36262G1013

Sale

649

53.24

US36262G1013

Purchase

272

52.95

US36262G1013

Purchase

1,025

52.83

US36262G1013

Sale

809

53.58

US36262G1013

Sale

11

53.27

US36262G1013

Purchase

308

52.74

US36262G1013

Purchase

140

53.02

US36262G1013

Sale

500

53.23

US36262G1013

Sale

100

53.30

US36262G1013

Sale

289

53.35

US36262G1013

Purchase

100

52.60

US36262G1013

Sale

203

53.52

US36262G1013

Purchase

625

52.82

US36262G1013

Sale

101

53.46

US36262G1013

Sale

100

53.41

US36262G1013

Purchase

399

52.88

US36262G1013

Sale

100

53.21

US36262G1013

Purchase

745

52.81

US36262G1013

Sale

100

53.78

US36262G1013

Purchase

365

52.92

US36262G1013

Sale

109

53.51

US36262G1013

Sale

100

53.50

US36262G1013

Purchase

68

52.69

US36262G1013

Purchase

6,101

52.89

US36262G1013

Sale

709

52.89

US36262G1013

Sale

92

53.70

US36262G1013

Sale

100

53.15

US36262G1013

Sale

100

53.18

US36262G1013

Sale

200

53.38

US36262G1013

Sale

2

53.41

US36262G1013

Sale

1

53.81

US36262G1013

Sale

4

53.49

US36262G1013

Sale

1

53.27

US36262G1013

Sale

1

53.42

US36262G1013

Sale

1

53.35

US36262G1013

Sale

2

53.52

(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
(GBP)

US36262G1013

Equity Swap

Increasing a short position

3,584

42.25

US36262G1013

Equity Swap

Reducing a short position

2,197

42.26

(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

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?

NO

Date of disclosure:

20th May 2022

Contact name:

Milos Naumovic

Telephone number:

+44 203 650 8203

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220520005277/en/

Contacts

Millennium Partners, L.P.

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