Form 8 (OPD) Galliford Try plc

RNS Number : 2602A
Galliford Try PLC
23 March 2017
 

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:

Galliford Try 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

Galliford Try plc

(d) Is the discloser the offeror or the offeree?

OFFEROR

(e) Date position held:

     The latest practicable date prior to the disclosure

20 March 2017

(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 - Redrow plc and Bovis Homes Group plc

 

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:

 

Ordinary shares of GBP0.50 each

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

0

Nil

0

(2) Cash-settled derivatives:

 

Nil

0

Nil

0

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

Nil

0

Nil

0

 

     TOTAL:

Nil

0

Nil

0

 

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:


 

 

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) Interests in Galliford Try plc's ordinary shares held by the directors of Galliford Try plc and their close relatives and related trusts

 

Class of relevant securities:

Ordinary shares of GBP0.50 each

Name

Number of Galliford Try shares held

%

Notes

Peter Ventress

4,250

0.005

Held as beneficial owner

Peter Truscott

11,821

0.014

Held in own name


11,655

0.014

Held as beneficial owner*

Graham Prothero

44,558

0.054

Held in own name


17,100

0.021

Held as beneficial owner*


100

0.0001

Held by Hugh Dawson (the father of Graham Prothero's partner) as legal owner

Andrew Jenner

1,000

0.001

Held by Jane Jenner (Andrew Jenner's partner) as legal owner

Ishbel Macpherson

2,125

0.003

Held in own name

Terry Miller

200

0.0002

Held as beneficial owner

Gavin Slark

1,200

0.001

Held as beneficial owner

TOTAL

94,009

0.11


 

* Beneficial shareholdings for Peter Truscott and Graham Prothero include restricted shares granted under the Annual Bonus Plan held by the Galliford Try Employee Share Trust.

 

(b) Rights to subscribe for interests in Galliford Try plc's ordinary shares held by the directors of Galliford Try plc and their close relatives and related trusts

 

Class of relevant securities:

Ordinary shares of GBP0.50 each

Name

Number of Galliford Try shares held

%

Notes

Peter Truscott

89,268

0.108

Share option / award*

Graham Prothero

80,991

0.098

Share option / award*

TOTAL

170,259

0.206

-

 

* For further details please refer to the summary table on page 75 of the Galliford Try plc annual report published on 4 October 2016.

 

(c) Interests in Galliford Try plc's ordinary shares held by other concert parties of Galliford Try plc

 

None.

 

 

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:

23 March 2017

Contact name:

Kevin Corbett

Telephone number:

01895 855290

 

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 +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
The company news service from the London Stock Exchange
 
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