ACCESSION DEED
Exhibit 1.3(b)
THIS DEED is made the 3rd day of August 2013
BETWEEN
(1) | BARCLAYS PLC, a company registered in England and Wales with number 00048839 and whose registered office is at 0 Xxxxxxxxx Xxxxx, Xxxxxx X00 0XX; |
(2) | BARCLAYS BANK PLC, whose registered office is at 0 Xxxxxxxxx Xxxxx, Xxxxxx X00 0XX (“Barclays” or the “Global Co-ordinator”); |
(3) | CREDIT SUISSE SECURITIES (EUROPE) LIMITED, whose registered office is at One Xxxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxx X00 0XX (“CSSEL” or the “Sponsor”); |
(4) | CREDIT SUISSE AG, LONDON BRANCH, a corporation domiciled/incorporated in Zurich, Switzerland, operating in the United Kingdom under branch registration number BR000469 at Xxx Xxxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxx X00 0XX (“CSAG” and together with CSSEL, “CS”); |
(5) | DEUTSCHE BANK AG, LONDON BRANCH, a corporation domiciled in Frankfurt am Main, Germany, operating in the United Kingdom under branch registration number BR000005, acting through its London Branch at Xxxxxxxxxx Xxxxx, 0 Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxxx XX0X 0XX (“Deutsche Bank”); |
(6) | CITIGROUP GLOBAL MARKETS LIMITED, whose registered office is at Citigroup Centre, Canada Square, Xxxxxx Xxxxx, Xxxxxx X00 0XX (“Citi”); |
(7) | XXXXXXX XXXXX INTERNATIONAL, whose registered office is at 0 Xxxx Xxxxxx Xxxxxx, Xxxxxx XX0X 0XX (“BofAML” and together with CSSEL, CSAG, Deutsche Bank and Citi, each an “Initial Underwriter”); |
(8) | ABN AMRO BANK N.V., whose registered office is at Xxxxxx Xxxxxxxxxx 00, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx (“ABN AMRO”); |
(9) | BANCO SANTANDER S.A., whose registered office is at Xxxxx xx Xxxxxx 0-00 Xxxxxxxxx X.X. 00000, Xxxxx (“Banco Santander”); |
(10) | BNP PARIBAS, whose registered office is at 00, xxxxxxxxx xxx Xxxxxxxx, 00000 Xxxxx, Xxxxxx (“BNP PARIBAS”); |
(11) | ING BANK N.V., whose registered office is at Xxxxxxxxxxxx 000, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx (“ING”); |
(12) | X.X. XXXXXX SECURITIES PLC, whose registered office is at 00 Xxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxx X00 0XX (“JPMC”); |
(13) | MEDIOBANCA – BANCA DI CREDITO FINANZIARIO S.P.A., whose registered office is at Piazzetta X. Xxxxxx, 0, 00000 Xxxxx, Xxxxx (“Mediobanca”); |
(14) | XXXXXX XXXXXXX SECURITIES LIMITED, whose registered office is at 00 Xxxxx Xxxxxx, Xxxxxx X00 0XX (“Xxxxxx Xxxxxxx”); |
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(15) | RBC EUROPE LIMITED, whose registered office is at Xxxxxxxxx Xxxxx, 0 Xxxx Xxxx, Xxxxxx, XX0X 0XX (“RBC”); and |
(16) | SMBC NIKKO CAPITAL MARKETS LIMITED, whose registered office is at Xxx Xxx Xxxxxx, Xxxxxx XX0X 0XX (“SMBC Nikko”); and together with ABN AMRO, Banco Santander, BNP Paribas, ING, JPMC, Mediobanca, Xxxxxx Xxxxxxx and RBC, each an “Additional Underwriter”). |
NOW THIS DEED WITNESSETH as follows:
1. | APPOINTMENT OF ADDITIONAL UNDERWRITERS |
1.1 | Further to the underwriting agreement dated 30 July 2013 between the Company, the Global Co-ordinator and the Initial Underwriters (the “Underwriting Agreement”) a certified copy of which is appended hereto, the Company hereby appoints: |
• | ABN AMRO; |
• | Banco Santander; |
• | BNP PARIBAS; |
• | ING; |
• | JPMC; |
• | Mediobanca; |
• | Xxxxxx Xxxxxxx; |
• | RBC; and |
• | SMBC Nikko, |
as an Additional Underwriter for the purposes of the Underwriting Agreement with all the authority, rights, powers, duties and obligations of an Underwriter under the Underwriting Agreement as if originally named as an Underwriter in the Underwriting Agreement and each Additional Underwriter covenants to comply with the provisions of the Underwriting Agreement which are expressed to be binding on it.
1.2 | Each Underwriter agrees on and subject to the terms of the Underwriting Agreement that its Proportionate Share for the purposes of the Underwriting Agreement shall be as follows: |
CSAG | 10.0 per cent. | |||||
CSSEL | 5.0 per cent. | |||||
Deutsche Bank | 15.0 per cent. |
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Citi | 15.0 per cent. | |||||
BofAML | 15.0 per cent. | |||||
ABN AMRO | 5.0 per cent. | |||||
Banco Santander | 5.0 per cent. | |||||
BNP PARIBAS | 5.0 per cent. | |||||
ING | 5.0 per cent. | |||||
JPMC | 5.0 per cent. | |||||
Mediobanca | 5.0 per cent. | |||||
Xxxxxx Xxxxxxx | 5.0 per cent. | |||||
RBC | 2.5 per cent. | |||||
SMBC Nikko | 2.5 per cent. | |||||
100 per cent. | ||||||
|
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1.3 | The Company represents, warrants and undertakes to the Additional Underwriters appointed pursuant to this Accession Deed that each statement set out in Part A of Schedule 3 of the Underwriting Agreement was true and accurate and not misleading at the date of the Underwriting Agreement and this Accession Deed. |
2. | SPONSOR FEE |
The Company, the Global Co-ordinator, the Initial Underwriters and the Additional Underwriters agree that the last sentence in Clause 10.1 of the Underwriting Agreement as set out below:
“In addition, the Company shall pay to the Sponsor in consideration for its services under this Agreement a fee of GBP 1,553,656 or, if Admission occurs on or after 4 October 0000, XXX 553,656 (the “Sponsor Fee”)”,
shall be deleted in its entirety and replaced with the following:
“In addition, the Company will pay to the Sponsor a fee of up to GBP 1,553,656 (the “Sponsor Fee”) in consideration for its services under this Agreement. Any payment made to the Sponsor pursuant to the foregoing shall be based upon the Company’s assessment, in its absolute discretion, of the Sponsor’s performance in its capacity as sponsor in connection with the Rights Issue and Admission.”
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3. | RIGHTS ISSUE AGREEMENT AMONG UNDERWRITERS |
Each Additional Underwriter undertakes to execute, promptly and without amendment, a rights issue agreement among underwriters accession deed pursuant to which the Additional Underwriter covenants with each of the Initial Underwriters and any other person who becomes, or has become, a party to the Rights Issue Agreement Among Underwriters (as defined below), to observe, perform and be bound by all of the terms of the Rights Issue Agreement Among Underwriters as if it had been an original party thereto and named therein. For the purposes of this Accession Deed, “Rights Issue Agreement Among Underwriters” means the rights issue agreement among underwriters entered into by the Initial Underwriters in connection with the Rights Issue dated 30 July 2013.
4. | MISCELLANEOUS |
4.1 | The provisions of Clauses 18, 19, 20, 21.2, 22, 23, 25, 27 and 28 of the Underwriting Agreement shall apply to this Accession Deed as if set out herein. Schedule 1 of this Accession Deed supplements Schedule 7 in the Underwriting Agreement and sets out the relevant information in relation to the Additional Underwriters for the purposes of Clauses 5.3, 14.1 and 14.2 and paragraphs 2.7 and 2.8 of Part B of Schedule 3 of the Underwriting Agreement. |
4.2 | All terms and expressions which have defined meanings in the Underwriting Agreement shall have the same meanings in this Accession Deed except where the context requires otherwise or unless otherwise stated. |
4.3 | The Company and the Additional Underwriters appointed pursuant to this Accession Deed confirm the provisions of the Underwriting Agreement (as amended pursuant to this Accession Deed) and acknowledge that this Accession Deed shall form part of and shall be read in conjunction with the Underwriting Agreement. |
4.4 | Save as amended by this Accession Deed, the Underwriting Agreement shall remain in full force and effect as originally executed. |
4.5 | Each of the parties to this Accession Deed with an address outside England shall at all times maintain an agent for service of process and any other documents and proceedings in England or any other proceedings in connection with the Underwriting Agreement and this Accession Deed. Such agent shall be the company at the address stated in Schedule 2 of this Accession Deed and any writ, judgment or other notice of legal process shall be sufficiently served on the relevant party if delivered to such agent at its address for the time being. Each of the parties with an address outside England irrevocably undertakes not to revoke the authority of the above agent and if, for any reason, the Global Co-ordinator requests such party to do so it shall promptly appoint another such agent with an address in England and advise the Global Co-ordinator of them. If, following such request, the relevant party fails to appoint another agent, the Global Co-ordinator shall be entitled to appoint one on the relevant party’s behalf and at such party’s expense. |
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SCHEDULE 1
BANKS
ABN AMRO Bank N.V. | Xxxxxx Xxxxxxxxxx 00, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx | |
Banco Santander S.A. | Xxxxx xx Xxxxxx 0-00 Xxxxxxxxx X.X. 00000, Xxxxx | |
BNP PARIBAS | 00, xxxxxxxxx xxx Xxxxxxxx, 00000 Xxxxx, Xxxxxx | |
ING Bank X.X. | Xxxxxxxxxxxx 000, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx | |
X.X. Xxxxxx Securities plc | 00 Xxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxx X00 0XX, Xxxxxx Xxxxxxx | |
Mediobanca – Banca di Credito Finanziario S.p.A. | Piazzetta X. Xxxxxx, 0, 00000 Xxxxx, Xxxxx | |
Xxxxxx Xxxxxxx Securities Limited | 00 Xxxxx Xxxxxx, Xxxxxx X00 0XX, Xxxxxx Xxxxxxx | |
RBC Europe Limited | Xxxxxxxxx Xxxxx, 0 Xxxx Xxxx, Xxxxxx, XX0X 0XX, Xxxxxx Xxxxxxx | |
SMBC Nikko Capital Markets Limited | Xxx Xxx Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx | |
Such information relating to a Bank and such Bank’s activities relating to the Ordinary Shares, the ADS and/or the rights as shall be required in the Prospectus or the US Prospectus and provided to the Company by such Bank in writing specifying that such information is specifically for inclusion in the Prospectus or the US Prospectus under applicable law and regulation. |
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SCHEDULE 2
AGENTS FOR SERVICE OF PROCESS
ABN AMRO Bank N.V. | ABN AMRO Bank N.V., UK Branch; 0 Xxxxxxxxxxxx Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; for the attention of Xxxxxx Xxxxxxx | |
Banco Santander S.A. | Banco Santander, London Branch; 0-0 Xxxxxx Xxxxxx, Xxxxxx’x Xxxxx, Xxxxxx XX0 0XX, Xxxxxx Xxxxxxx; for the attention of Xxxx Xxxxxxx | |
BNP PARIBAS | BNP PARIBAS, London Branch; 00 Xxxxxxxx Xxxxxx, Xxxxxx XX0 0 XX, Xxxxxx Xxxxxxx; for the attention of Loans Administration Department | |
ING Bank N.V. | ING Bank N.V. / London Branch; 00 Xxxxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; for the attention of Xxxxxxx Xxxx | |
Mediobanca – Banca di Credito Finanziario S.p.A. | Mediobanca – Banca di Credito Finanziario S.p.A. (London Branch); 00 Xxxxxxxxx Xxxxx XX0X 0XX Xxxxxx, Xxxxxx Xxxxxxx; for the attention of Xxxxxxx Xxxxxxx |
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IN WITNESS WHEREOF this Accession Deed has been duly executed as a deed and it is intended to be and it is hereby delivered by us as a deed.
SIGNED as a deed by | ) | |||||
) | ||||||
Xxxxxxxx Xxxxxxx Xxxxxxxxx | ) | |||||
as attorney for BARCLAYS PLC | ) | |||||
in the presence of: | ) | |||||
/s/ Xxxxxxxx Xxxxxxxxx |
||||||
/s/ Xxxxxxxx Xxxxxxxxxxx |
Signature of witness | |||||
Xxxxxxxx Xxxxxxxxxxx | Name of witness | |||||
00 Xxxxxx Xxxxx | Address of witness | |||||
Xxxxxxx Xxxxxx | ||||||
Xxxxxx X0 0XX |
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SIGNED as a deed by | ) | |
BARCLAYS BANK PLC | ) |
/s/ Xxxxxxxxx Xxxxxx | Signature |
| ||
Xxxxxxxxx Xxxxxx | Name |
in the presence of:
/s/ H.A. Joanknecht | Signature of witness | |
H. A. Joanknecht | Name of witness | |
Xxxx 0, Xxxxxxxxx Xxxxx | Address of witness | |
1 St. John’s Xxxx Xxxx | ||
Xxxxxx XX0 0XX |
SIGNED as a deed by Xxxx Xxxxxx | ) | /s/ Xxxx Xxxxxx | ||
) | ||||
and by Xxxx Xxxxxx | ) | /s/ Xxxx Xxxxxx | ||
) | ||||
for and on behalf of | ) | |||
CITIGROUP GLOBAL MARKETS | ) | |||
LIMITED | ) |
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SIGNED as a deed by /s/ Xxxx Xxxxxxxxxxxxx | ) | Xxxx Xxxxxxxxxxxxx | ||
) | Managing Director | |||
in the presence of /s/ Xxxxx Xxxxxxxxx | ) | |||
) | ||||
and by /s/ Xxxx Xxxxxxxx | ) | Xxxx Xxxxxxxx | ||
) | Managing Director | |||
in the presence of /s/ Xxxxx Xxxxxxxxx | ) | |||
for and on behalf of | ) | |||
CREDIT SUISSE SECURITIES | ) | |||
(EUROPE) LIMITED | ) |
/s/ Xxxxx Xxxxxxxxx |
Signature of witness | |
Xxxxx Xxxxxxxxx | Name of witness | |
Flat 2 | Address of witness | |
4 Xxxxxxx’x Xxxxx | ||
Xxxxxx XX0X 0XX |
/s/ Xxxxx Xxxxxxxxx |
Signature of witness | |
Xxxxx Xxxxxxxxx | Name of witness | |
Flat 2 | Address of witness | |
4 Xxxxxxx’x Court | ||
London EC4A 3EA |
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SIGNED as a deed by /s/ Xxxx Xxxxxxxxxxxxx | ) | Xxxx Xxxxxxxxxxxxx | ||
) | Managing Director | |||
in the presence of /s/ Xxxxx Xxxxxxxxx | ) | |||
) | ||||
and by /s/ Xxxx Xxxxxxxx | ) | Xxxx Xxxxxxxx | ||
) | Managing Director | |||
in the presence of /s/ Xxxxx Xxxxxxxxx | ) | |||
for and on behalf of | ) | |||
CREDIT SUISSE AG, LONDON | ) | |||
BRANCH | ) |
/s/ Xxxxx Xxxxxxxxx |
Signature of witness | |
Xxxxx Xxxxxxxxx | Name of witness | |
Flat 2 | Address of witness | |
4 Xxxxxxx’x Xxxxx | ||
Xxxxxx XX0X 0XX |
/s/ Xxxxx Xxxxxxxxx |
Signature of witness | |
Xxxxx Xxxxxxxxx | Name of witness | |
Flat 2 | Address of witness | |
4 Xxxxxxx’x Court | ||
London EC4A 3EA |
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SIGNED as a deed by Xxxx X Xxxx | ) | /s/ Xxxx X Xxxx | ||
) | ||||
in the presence of Xxxxx Xxxxxx | ) | |||
) | ||||
and by Xxxxxx Xxxxxxxx | ) | /s/ Xxxxxx Xxxxxxxx | ||
) | ||||
in the presence of Xxxxx Xxxxxx | ) | |||
for and on behalf of | ) | |||
DEUTSCHE BANK AG, LONDON | ) | |||
BRANCH | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
Signature of witness | ||
Name of witness | ||
Address of witness | ||
SIGNED as a deed by /s/ Xxxxx Xxxxxxxx | ) | Xxxxx Xxxxxxxx | ||
for and on behalf of | ) | Director | ||
XXXXXXX XXXXX INTERNATIONAL | ) | Xxxxxxx Xxxxx International | ||
in the presence of | ) |
/s/ Xxxxx Xxxxxxx |
Signature of witness | |
Xxxxx Xxxxxxx | Name of witness | |
00X Xxxxxxxx Xxxx | Address of witness | |
London | ||
|
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SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
ABN AMRO BANK N.V. | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
BANCO SANTANDER S.A. | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX
|
SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
BNP PARIBAS | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
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SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
ING BANK N.V. | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
X.X. XXXXXX SECURITIES PLC | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
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SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
MEDIOBANCA – BANCA DI | ) | |||
CREDITO FINANZIARIO S.P.A. | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
XXXXXX XXXXXXX | ) | |||
SECURITIES LIMITED | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
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SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
RBC EUROPE LIMITED | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX | ||
|
SIGNED as a deed by Xxxx X Xxxx | ) | |||
as attorney for | ) | /s/ Xxxx X Xxxx | ||
SMBC NIKKO CAPITAL | ) | |||
MARKETS LIMITED | ) | |||
in the presence of: | ) |
/s/ Xxxxx Xxxxxx |
Signature of witness | |
Xxxxx Xxxxxx | Name of witness | |
0X Xxxxxxx Xxxxxx Xxxxxx | Address of witness | |
Xxxxxx XX0 0XX
|
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