Source - RNS
RNS Number : 3621L
UK Mail Group PLC
30 September 2016
 

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:

UK Mail 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

UK Mail Group plc

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

OFFEREE

(e) Date position held:

     The latest practicable date prior to the disclosure

30 September 2016

(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:

None

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

None

 

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.   Beneficial interests of Directors of UK Mail Group plc in its ordinary shares of 10 pence each

 

Director

Number of  ordinary shares

% of issued share capital

Steven Glew

155,812

0.28%

William Spencer

4,800

0.01%

Jessica Burley

1,500

0.00%

Michael Findlay

1,500

0.01%

Total

163,612

0.30%

 

b.   Interests of the Directors of UK Mail Group plc under the UK Mail Group plc Long Term Incentive Plan 2009

 

 

Name

Description of award

Number of
UK Mail relevant
securities

Exercise price

 

Grant date

Steven Glew

Share options

37,050

Nil

28/11/2014

Albert Chris Mangham

Share options

29,904

Nil

02/06/2015

 

c.   Interests of the Directors of UK Mail Group plc under the UK Mail Group plc share matching plan

 

Name

Description of award

Number of
UK Mail relevant
securities

Exercise Price

(pence)

Grant date

Steven Glew

Share options

4,000

Nil

10/06/2014

 

d.   Interests of Directors of UK Mail Group plc under the UK Mail Group plc savings related share option scheme 2007

 

Name

Description of award

Number of
UK Mail relevant
securities

Exercise Price

(pence)

Grant date

Steven Glew

Share options

2,149

418.67p

25/07/2013

Steven Glew

Share options

1,910

471.14p

30/07/2014

 

 

e.   Interests of close relatives of Peter Kane, a director of UK Mail Group plc (presumed to be acting in concert with UK Mail Group plc) in its ordinary shares of 10 pence each

 

Name

Number of  ordinary shares

% of issued share capital

John Kane

13,626,167

24.71%

Michael Kane

5,300,000

9.61%

Ghislaine Kane

3,339,633

6.06%

James Kane

3,333,334

6.04%

Mr. and Mrs. Matthew Bailey

3,033,333

5.50%

Total

28,632,467

51.92%

 

 

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:

30 September 2016

Contact name:

Steven Glew

Telephone number:

+44 (0) 1753 706 070

 

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 [email protected].  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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