Form 8 (OPD) ECSC Group plc - Replacement

RNS Number : 3161W

ECSC Group PLC

14 April 2023

 

The 'Form 8 (OPD) ECSC Group plc' announcement released on 14 April 2023 at 7.00 a.m. under RNS No 1895W has been reformatted.

All material details remain unchanged.

The full text is shown below.

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) Full name of discloser:	ECSC Group 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.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:   Use a separate form for each offeror/offeree	ECSC Group plc
(d) Is the discloser the offeror or the offeree?	Offeree
(e) Date position held:   The latest practicable date prior to the disclosure	13 April 2023
(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"	N/A

2.  POSITIONS OF THE PARTY TO THE OFFER 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

Class of relevant security:
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	-	Nil	-
(2) Cash-settled derivatives:	Nil	-	Nil	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	-	Nil	-
TOTAL:	Nil	-	Nil	-

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).

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

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 (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

(A) Ordinary shares of 1 pence each ("Ordinary Shares") held by directors of ECSC Group plc and their close relatives and related trusts (excluding the options and awards set out below): Name Number of Ordinary Shares held % of Ordinary Shares held Ian Mann 2,388,756 23.86% Karen Shore 107,118 1.07% Linda Brown 24,150 0.24% Lauren Brown 9,345 0.09% Max Brown 9,345 0.09% Lucy Sharp 250,807 2.50% Pauline Allison 4,254 0.04% David Mathewson 35,419 0.35% Gemma Basharan 11,562 0.11% Christopher James 1,000 0.01% Options held by directors of ECSC Group plc in ECSC Group plc shares Name Granted Number of options over Ordinary Shares held Exercise price Vest date Expiry date Ian Mann 28/09/2020 100,000 £0.69 28/09/2024 27/09/2030 Lucy Sharp 21/08/2020 144,758 £0.65 21/08/2020 20/08/2030 Lucy Sharp 28/09/2020 100,000 £0.69 28/09/2024 27/09/2030 David Mathewson 18/04/2018 100,000 £0.79 18/04/2021 17/05/2028 Gemma Basharan 21/08/2020 64,651 £0.65 21/08/2020 20/08/2030 Gemma Basharan 28/09/2020 80,000 £0.69 28/09/2024 27/09/2030

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).

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: 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 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:	14 April 2023
Contact name:	Gemma Basharan
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

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

 

END

 

 

FEEZZLFFXZLZBBE