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Friday 18 March, 2011

QPR Holdings Limited

Form 8 (OPD) QPR Holdings Limited

RNS Number : 2132D
QPR Holdings Limited
18 March 2011
 

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:

QPR Holdings Limited

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

N/A

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

QPR Holdings Limited

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

OFFEREE

(e) Date position held:

18 March 2011

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

NO

 

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:

 

QPR Holdings Limited Ordinary Shares of £0.01 each

 

 

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


 

 

(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

 

 

(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

 

Persons acting in concert with QPR Holdings Limited

Number of Ordinary Shares held

Percentage of issued share capital

 

Sea Dream Limited

1,022,854,310            

33.0%

Bernard Charles Ecclestone

485,050,826

15.65%

Sarita Capital Investment Inc

1,561,102,383

50.37%

 

Lienka Consultants Limited ('Lienka') is also a person acting in concert with QPR Holdings Limited and has an indirect interest in QPR Holdings Limited by virtue of its majority direct shareholding in Sarita Capital Investment Inc.  Lienka is the trustee of the FB Trust, of which Flavio Briatore is currently the sole discretionary beneficiary.

 

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:

 

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:

 

None

 

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

18 March 2011

Contact name:

Ian Taylor

Telephone number:

+ 44 (0)20 8740 2541

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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