Soroban Capital Partners LP
LSE : TTP

August 04, 2016 09:28 ET

Form 8.3 - Anheuser Busch Inbev SA/NV

                                                                                                          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 

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(a) Full name of discloser:                          Soroban Capital Partners LP                    
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(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.                                                           
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(c) Name of offeror/offeree in relation to whose     Anheuser-Busch InBev SA/NV                     
relevant securities this form relates:                                                             
Use a separate form for each offeror/offeree                                                        
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(d) If an exempt fund manager connected with an      N/A                                           
offeror/offeree, state this and specify identity                                                   
of offeror/offeree:                                                                                
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(e) Date position held/dealing undertaken:           August 3, 2016                                 
For an opening position disclosure, state the                                                    
latest practicable date prior to the disclosure                                                    
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(f) In addition to the company in 1(c) above, is     SABMiller plc                                  
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"                                                                                        
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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) 

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Class of relevant security:                                             Ordinary Shares             
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                                                                   Interests         Short positions
                                                          ------------------------------------------
                                                          Number                %    Number      %  
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(1) Relevant securities owned and/or controlled:          7,854,165           0.49%                 
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(2) Cash-settled derivatives:                                                                       
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(3) Stock-settled derivatives (including options) and     19,260,000          1.20%                 
agreements to purchase/sell:                                                                        
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TOTAL:                                                    27,114,165          1.69%          
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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) 

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Class of relevant security in relation to which subscription right exists:  N/A                    
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Details, including nature of the rights concerned and relevant percentages: N/A                    
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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 

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    Class of relevant          Purchase/sale         Number of securities        Price per unit     
         security                                                                                   
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          ADR's                   Purchase                 194,000                 $123.4308        
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b.  Cash-settled derivative transactions 

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    Class of       Product                Nature of dealing              Number of    Price per unit
    relevant     description      e.g. opening/closing a long/short      reference                  
    security       e.g. CFD        position, increasing/reducing a       securities                
                                         long/short position                                       
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c.  Stock-settled derivative transactions (including options) 

i.  Writing, selling, purchasing or varying 

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 Class of    Product        Writing,      Number of     Exercise        Type       Expiry   Option  
 relevant  description    purchasing,   securities to   price per       e.g.        date     money  
 security   e.g. call       selling,     which option     unit       American,               paid/  
              option      varying etc.     relates                 European etc.           received 
                                                                                           per unit 
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ii. Exercise 

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  Class of relevant  Product description     Exercising/    Number of securities Exercise price per 
      security        e.g. call option    exercised against                             unit        
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d.  Other dealings (including subscribing for new securities) 

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    Class of relevant        Nature of dealing             Details             Price per unit (if   
         security            e.g. subscription,                                   applicable)       
                                 conversion                                                         
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4.  OTHER INFORMATION 

a.  Indemnity and other dealing arrangements 

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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"
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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 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"
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None
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c.  Attachments 

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Date of disclosure:                               August 4, 2016                                  
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Contact name:                                     Steve Niditch                                   
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Telephone number:                                 1-212-314-1346                                  
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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 

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Full name of person making disclosure:                                Soroban Capital Partners LP   
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Name of offeror/offeree in relation to whose relevant securities      Anheuser-Busch InBev SA/NV    
the disclosure relates:                                                                             
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2.  STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS) 

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   Class of       Product    Written or Number of securities  Exercise      Type      Expiry date  
   relevant     description   purchased  to which option or   price per     e.g.                   
   security      e.g. call               derivative relates     unit      American,                
                  option                                                  European                 
                                                                            etc.                   
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   Ordinary     Call Option   Purchased       1,000,000        $135.00    American   September 16, 
    Shares                                                                                2016     
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   Ordinary     Call Option   Purchased       3,650,000        $140.00    American   September 16, 
    Shares                                                                                2016     
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   Ordinary     Call Option   Purchased       1,150,000        $145.00    American   September 16, 
    Shares                                                                                2016     
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   Ordinary     Call Option   Purchased       1,500,000        $150.00    American   September 16, 
    Shares                                                                                2016     
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   Ordinary     Call Option   Purchased       1,000,000        $155.00    American    December 16, 
    Shares                                                                                2016     
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   Ordinary     Call Option   Purchased        750,000         $145.00    American    January 20,  
    Shares                                                                                2017     
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   Ordinary     Call Option   Purchased       2,000,000        $150.00    American    January 20,  
    Shares                                                                                2017     
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   Ordinary     Call Option   Purchased        250,000         $155.00    American    January 20,  
    Shares                                                                                2017     
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   Ordinary     Call Option   Purchased       1,500,000        $160.00    American    January 20,  
    Shares                                                                                2017     
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   Ordinary     Call Option   Purchased       1,460,000        $180.00    American    January 20,  
    Shares                                                                                2017     
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   Ordinary     Call Option   Purchased       1,000,000        $160.00    American    January 19,  
    Shares                                                                                2018     
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   Ordinary     Call Option   Purchased       1,000,000        $165.00    American    January 19,  
    Shares                                                                                2018     
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   Ordinary     Call Option   Purchased       3,000,000        $170.00    American    January 19,  
    Shares                                                                                2018     
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3.  AGREEMENTS TO PURCHASE OR SELL ETC. 

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

Contact Information

  • Soroban Capital Partners LP