Form 8.3 - NortonLifeLock Inc.

·10 min read

LONDON, January 25, 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

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

24th January 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:

200,687

0.034%

2,138,753

0.368%

(2) Cash-settled derivatives:

-

0.000%

-

-

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

8,000

0.001%

-

-

TOTAL:

208,687

0.036%

2,138,753

0.368%

Class of relevant security:

2.000% Senior Unsecured Convertible Notes August 2022 (US668771AA66)

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

10,000,000

1.600%

-

-

(2) Cash-settled derivatives:

-

-

-

-

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

-

-

-

-

TOTAL:

10,000,000

1.600%

-

-

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

Purchase

859

25.91

US6687711084

Purchase

467

25.98

US6687711084

Purchase

214

26.03

US6687711084

Purchase

200

26.14

US6687711084

Purchase

500

26.11

US6687711084

Purchase

100

25.95

US6687711084

Purchase

400

26.06

US6687711084

Purchase

700

25.71

US6687711084

Purchase

500

25.93

US6687711084

Purchase

167

25.82

US6687711084

Purchase

300

26.01

US6687711084

Purchase

956

25.99

US6687711084

Purchase

100

25.47

US6687711084

Purchase

600

25.77

US6687711084

Purchase

100

25.63

US6687711084

Purchase

100

25.76

US6687711084

Purchase

100

25.81

US6687711084

Sale

100

25.98

US6687711084

Sale

483

25.66

US6687711084

Sale

200

26.04

US6687711084

Sale

50

26.11

US6687711084

Purchase

6,901

26.13

US6687711084

Sale

100

25.95

US6687711084

Sale

400

25.57

US6687711084

Sale

100

25.74

US6687711084

Sale

649

25.51

US6687711084

Sale

100

25.61

US6687711084

Sale

49

25.49

US6687711084

Sale

1,000

25.62

US6687711084

Sale

475

25.60

US6687711084

Sale

300

25.64

US6687711084

Sale

300

25.59

US6687711084

Sale

600

25.54

US6687711084

Sale

100

25.63

US6687711084

Sale

6

26.12

US6687711084

Sale

1,200

25.58

US6687711084

Sale

100

25.42

US6687711084

Purchase

632

25.91

US6687711084

Sale

100

25.91

US6687711084

Purchase

100

25.97

US6687711084

Sale

1,197

25.97

US6687711084

Sale

970

26.02

US6687711084

Sale

3,163

25.98

US6687711084

Purchase

197

25.96

US6687711084

Sale

733

25.96

US6687711084

Sale

200

25.90

US6687711084

Purchase

300

25.66

US6687711084

Purchase

110

26.14

US6687711084

Purchase

500

26.04

US6687711084

Sale

600

26.04

US6687711084

Purchase

1

25.92

US6687711084

Sale

100

25.92

US6687711084

Purchase

100

26.11

US6687711084

Sale

102

26.11

US6687711084

Purchase

9,707

25.87

US6687711084

Sale

310

25.87

US6687711084

Sale

1,604

25.95

US6687711084

Purchase

228

26.06

US6687711084

Sale

216

26.06

US6687711084

Purchase

1,058

25.57

US6687711084

Purchase

500

25.86

US6687711084

Sale

100

25.86

US6687711084

Purchase

4,500

25.94

US6687711084

Sale

2,608

25.94

US6687711084

Purchase

416

25.72

US6687711084

Sale

176

26.07

US6687711084

Sale

200

25.93

US6687711084

Sale

20

26.05

US6687711084

Purchase

394

25.82

US6687711084

Purchase

110

26.01

US6687711084

Sale

2,017

26.01

US6687711084

Purchase

366

25.67

US6687711084

Purchase

597

25.74

US6687711084

Purchase

100

25.51

US6687711084

Purchase

1,577

25.75

US6687711084

Purchase

745

25.50

US6687711084

Purchase

17

26.00

US6687711084

Sale

2,446

26.00

US6687711084

Purchase

200

25.99

US6687711084

Sale

18,003

25.99

US6687711084

Purchase

2,430

25.61

US6687711084

Purchase

148

25.65

US6687711084

Purchase

125

25.40

US6687711084

Purchase

20

25.38

US6687711084

Purchase

6,692

25.55

US6687711084

Purchase

100

25.48

US6687711084

Purchase

100

25.73

US6687711084

Purchase

100

25.49

US6687711084

Purchase

201

25.52

US6687711084

Purchase

11,073

25.56

US6687711084

Purchase

1,042

25.60

US6687711084

Purchase

933

25.64

US6687711084

Purchase

1,022

25.53

US6687711084

Purchase

600

25.59

US6687711084

Purchase

201

25.83

US6687711084

Purchase

1,000

25.54

US6687711084

Sale

400

26.08

US6687711084

Sale

100

26.12

US6687711084

Sale

22

25.88

US6687711084

Purchase

500

25.76

US6687711084

Purchase

600

25.69

US6687711084

Sale

400

26.10

US6687711084

Purchase

100

25.68

US6687711084

Purchase

583

25.91

US6687711084

Sale

133

25.91

US6687711084

Purchase

1,111

25.97

US6687711084

Sale

200

25.97

US6687711084

Sale

1

26.02

US6687711084

Purchase

1,306

25.98

US6687711084

Sale

100

25.98

US6687711084

Sale

190

25.96

US6687711084

Purchase

255

25.90

US6687711084

Sale

100

25.90

US6687711084

Sale

100

25.66

US6687711084

Sale

204

26.03

US6687711084

Purchase

510

26.14

US6687711084

Sale

90

26.14

US6687711084

Purchase

208

26.04

US6687711084

Purchase

1,839

25.92

US6687711084

Sale

2

26.11

US6687711084

Purchase

401

25.87

US6687711084

Sale

211

25.87

US6687711084

Purchase

7,701

26.13

US6687711084

Sale

6,148

26.13

US6687711084

Purchase

2,233

25.95

US6687711084

Sale

746

25.95

US6687711084

Purchase

100

26.06

US6687711084

Sale

3

26.06

US6687711084

Purchase

96

25.57

US6687711084

Sale

100

25.57

US6687711084

Purchase

32

25.86

US6687711084

Sale

180

25.86

US6687711084

Purchase

400

25.94

US6687711084

Sale

21

25.94

US6687711084

Purchase

400

25.85

US6687711084

Purchase

500

25.72

US6687711084

Sale

102

25.72

US6687711084

Purchase

610

25.71

US6687711084

Sale

100

25.71

US6687711084

Sale

100

26.07

US6687711084

Purchase

624

25.93

US6687711084

Sale

759

25.82

US6687711084

Sale

100

26.01

US6687711084

Purchase

173

25.67

US6687711084

Sale

1

25.67

US6687711084

Purchase

11

25.74

US6687711084

Sale

51

25.74

US6687711084

Purchase

1,016

25.51

US6687711084

Purchase

560

25.75

US6687711084

Purchase

304

25.50

US6687711084

Sale

101

25.50

US6687711084

Purchase

308

25.45

US6687711084

Sale

2

25.45

US6687711084

Purchase

52

26.00

US6687711084

Sale

203

26.00

US6687711084

Purchase

31

25.99

US6687711084

Sale

202

25.99

US6687711084

Purchase

400

25.79

US6687711084

Purchase

516

25.61

US6687711084

Purchase

200

25.65

US6687711084

Sale

300

25.65

US6687711084

Sale

100

25.40

US6687711084

Purchase

9

25.47

US6687711084

Sale

101

25.47

US6687711084

Sale

101

25.55

US6687711084

Purchase

308

25.48

US6687711084

Sale

2,558

25.73

US6687711084

Purchase

1,200

25.49

US6687711084

Sale

400

25.49

US6687711084

Purchase

900

25.52

US6687711084

Sale

101

25.52

US6687711084

Purchase

52

25.46

US6687711084

Purchase

44

25.56

US6687711084

Sale

700

25.62

US6687711084

Purchase

1,000

25.60

US6687711084

Sale

2

25.60

US6687711084

Purchase

118

25.64

US6687711084

Purchase

34

25.59

US6687711084

Sale

311

25.59

US6687711084

Purchase

3,381

26.09

US6687711084

Sale

44

26.09

US6687711084

Purchase

300

25.54

US6687711084

Sale

500

25.54

US6687711084

Purchase

506

25.84

US6687711084

Sale

189

25.84

US6687711084

Purchase

215

25.77

US6687711084

Purchase

101

26.08

US6687711084

Sale

1,087

25.78

US6687711084

Purchase

500

26.12

US6687711084

Sale

67

26.12

US6687711084

Purchase

600

25.88

US6687711084

Sale

1,914

25.88

US6687711084

Purchase

37

25.76

US6687711084

Sale

467

25.76

US6687711084

Sale

1

25.58

US6687711084

Purchase

286

26.16

US6687711084

Purchase

400

25.44

US6687711084

Purchase

125

25.81

US6687711084

Sale

647

25.81

US6687711084

Sale

101

25.89

US6687711084

Sale

66

26.10

US6687711084

Purchase

22

25.80

US6687711084

Purchase

557

25.70

US6687711084

Sale

2

25.70

US6687711084

Purchase

31

25.68

US6687711084

Purchase

1,100

26.15

US6687711084

Sale

6

26.02

US6687711084

Sale

10

25.98

US6687711084

Sale

68

25.90

US6687711084

Purchase

6

26.04

US6687711084

Sale

38

25.87

US6687711084

Sale

114

25.57

US6687711084

Sale

1,401

25.86

US6687711084

Sale

5

25.94

US6687711084

Sale

156

25.85

US6687711084

Purchase

18

25.72

US6687711084

Sale

2

25.72

US6687711084

Sale

1

26.05

US6687711084

Sale

15

25.82

US6687711084

Sale

2

26.01

US6687711084

Sale

181

25.51

US6687711084

Sale

4

25.48

US6687711084

Sale

420

25.52

US6687711084

Sale

335

25.56

US6687711084

Sale

189

25.60

US6687711084

Sale

11

25.64

US6687711084

Sale

542

25.53

US6687711084

Sale

28

25.83

US6687711084

Sale

96

25.54

US6687711084

Sale

24

25.77

US6687711084

Sale

3

25.63

US6687711084

Purchase

1

26.12

US6687711084

Sale

300

25.89

US6687711084

Sale

20

25.80

US6687711084

Sale

229

26.13

(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

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:

25th January 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.

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:

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

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/20220125005754/en/

Contacts

Millennium Partners, L.P.

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