Form 8 (OPD) CPPGroup Plc

RNS Number : 1687C
CPPGroup Plc
11 April 2013
 



FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Identity of the party to the offer making the disclosure:

CPPGroup Plc

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

     The naming of nominee or vehicle companies is insufficient

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each party to the offer

CPPGroup Plc

(d) Is the party to the offer making the disclosure the offeror or the offeree?

OFFEREE

(e) Date position held:

11 April 2013

(f)  Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

NO

If YES, specify which:

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 


 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

NIL


NIL


(2) Derivatives (other than options):

NIL


NIL


(3) Options and agreements to purchase/sell:

NIL


NIL


 

     TOTAL:

NIL


NIL


 

All interests and all short positions should be disclosed.

 

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

 

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.

 

(c)        Irrevocable commitments and letters of intent

 

Details of any irrevocable commitments or letters of intent procured by the party to the offer making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of the Code):

 

N/A

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe of any person acting in concert with the party to the offer making the disclosure:

 

 See below.

 

 

3.1  Director shareholdings in CPPGroup Plc Ordinary Shares

 

Director

Beneficial Holding

Percentage of issued share capital

Shaun Parker

9,600

0.005597

Charles Gregson

157,873

0.092048

Duncan McIntyre

13,340

0.007778

Hamish Ogston

98,021,288

57.151567

Les Owen

22,984

0.013401

 

3.2  Directors options in CPPGroup Plc Ordinary Shares:

 

Long Term Incentive Plans

 

Director

Date of Grant

Number of

Options

Option Exercise Price

Exercise Period

Shaun Parker

22/03/2010

110,638

0.00

22/03/2013 - 22/03 2020


04/03/2011

80,340

0.00

04/03/2014 - 04/03/2021


16/05/2012

381,758

0.00

16/05/2015 - 15/05/2022

Paul Stobart

28/11/2011

566,794

0.00

01/01/2015 - 28/11/2021


16/05/2012

801,862

0.00

16/05/2015 - 15/05/2022

 

Deferred Share Bonus Plan

 

Director

Date of Grant

Number of

Options

Option Exercise Price

Exercise period

Shaun Parker

04/03/2011

9,967

0.00

04/03/2014 - 04/03/2021

 

SAYE Share Option Plan

 

Director

Date of Grant

Number of

Options

Option Exercise Price

Exercise Period

Shaun Parker

28/09/2010

4,545

198 pence

28/10/2013 - 28/04/14

 

 

Legacy Plans

 

Director

Date of Grant

Number of

Options

Option Exercise Price

Expiry Date

Shaun Parker

19/06/2008

352,000

179.3385 pence

19/06/18


21/12/2009

415,648

228.3481 pence

20/12/19

 

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 3 for each additional class of relevant security.

 

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

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 party to the offer making the disclosure or any person acting in concert with it:

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 party to the offer making the disclosure, or any person acting in concert with it, 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

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

11 April 2013

Contact name:

John Titchener

Telephone number:

01904 544 757

 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

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

 


This information is provided by RNS
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