Rule 8.1 Disclosure

RNS Number : 7478J

CPL Resources PLC

23 December 2020

 

FORM   8.1(a)&(b)(i)

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 8.1(a) AND (b)(i) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY OFFERORS, OFFEREES OR PARTIES ACTING IN CONCERT WITH THEM FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

1.  KEY   INFORMATION

Nameofpersondealing (Note 1)	Paul Carroll
Companydealtin	Cpl Resources plc (" Cpl ")
Classofrelevantsecuritytowhichthe dealingsbeingdisclosedrelate(Note2)	Ordinary shares of €0.10 (" Shares ")
Date of dealing	23 December 2020

2.  INTERESTS AND SHORT POSITIONS

(a)  Interests   and   short   positions   (following   dealing)   in   the   class   of   relevant   security   dealt   in   (Note   3)

	Long			Short
	Number		(%)	Number		(%)
(1)Relevantsecurities	1,613,844  5.816506% being the total number of Shares in Cpl which Paul Carroll is interested in. This comprises a 70% partnership interest in Shoyswell Partnership which owns the beneficial interest in 2,305,491 Shares in Cpl, further details of which are outlined in section 3(a) of this form.
(2) Derivatives (other than options)
(3)Optionsandagreementstopurchase/sell
Total	1,613,844  5.816506%

(b)  Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Classofrelevantsecurity:	Long			Short
	Number		(%)	Number		(%)
(1)Relevantsecurities	N/A			N/A
(2) Derivatives (other than options)
(3)Optionsandagreementstopurchase/sell
Total

3.  DEALINGS  (Note   4)

(a)  Purchases and sales

Purchase/sale	Numberofrelevantsecurities	Priceperunit (Note 5)

(b)  Derivatives transactions (other than options transactions)

Productname, e.g. CFD	Natureoftransaction (Note 6)	Numberofrelevantsecurities (Note 7)	Priceperunit (Note 5)

(c)  Options transactions in respect of existing relevant securities

(i)  Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling, purchasing, varyingetc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, Europeanetc.	Expiry date	Option money paid/received perunit (Note 5)

(ii)  Exercising

Productname, e.g. call option	Numberofsecurities	Exercisepriceper unit (Note 5)

(d)  Other dealings (including transactions in respect of new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)
Contribution of 1,613,844 Cpl Shares	Paul Carroll and Anne Heraty (both directors of Cpl) are the sole partners of a partnership formed under the Partnership Act 1890 called Shoyswell Partnership ("Shoyswell"). On 23  December 2020, Paul Carroll contributed 1,613,844 Shares in Cpl to Shoyswell and Anne Heraty contributed 691,647 Shares in Cpl to Shoyswell. On completion of these contributions, Shoyswell entered into an irrevocable undertaking in favour of OUTSOURCING Inc. ("OUTSOURCING") and its wholly owned subsidiary, Outsourcing Talent Ireland Limited ("Bidco") in connection with the proposed acquisition of Cpl by OUTSOURCING on terms which are substantially the same as those entered into by Paul Carroll and Anne Heraty on 5 November 2020 in favour of OUTSOURCING and Bidco.	N/A

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4.  OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any 
relevant securities to which any derivative referred to on this form is referenced. If none, this
should be stated.

N/A

Is a Supplemental Form 8 attached?  (Note   9)    NO

Dateofdisclosure	23 December 2020
Contact name	Paul Carroll
Telephone number	[phone]
Name of offeree/offeror with which acting in concert	Cpl Resources plc
Specifycategoryandnatureof actinginconcertstatus	Director of the offeree

 

END

 

 

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