| THE TAKEOVER PANEL - DISCLOSURE TABLE |
| 03 March 2021 |
| The following are today's changes to the Disclosure Table: |
| ADDITIONS |
| None |
| DELETIONS |
| None |
| OTHER AMENDMENTS |
| None |
| DISCLOSURE TABLE |
| OFFEREE: AA plc | ||
| Offer period commenced: 07:00 04-Aug-2020 | ||
| 0.1p ordinary | ISIN: GB00BMSKPJ95 | NSI: 624,427,775 |
| OFFEROR: Basing Bidco Limited (a newly incorporated entity owned by a | ||
| consortium of the TowerBrook Funds and the Warburg Pincus Funds) | ||
| Offeror identified: 07:45 24-Sep-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: ADVANZ PHARMA Corp. Limited (See Note 9 below) | ||
| Offer period commenced: 12:08 23-Oct-2020 | ||
| Limited voting NPV | ISIN: JE00BJVH6L55 | NSI: 48,913,490 |
| Class A NPV | | NSI: 1,000 |
| Class B NPV | | NSI: 1,000 |
| OFFEROR: Cidron Aida Bidco Limited (an indirect wholly-owned subsidiary of | ||
| Nordic Fund X Epsilon) | ||
| Offeror identified: 07:00 27-Jan-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: AFH Financial Group plc | ||
| Offer period commenced: 09:03 25-Jan-2021 | ||
| 10p ordinary | ISIN: GB00B4W5WQ08 | NSI: 43,005,051 |
| Convertible unsecured loan stock 2024 | ISIN: GB00BJLFJB09 | NSI: 2,720 |
| OFFEROR: Cortina Bidco Limited (a newly incorporated company indirectly | ||
| controlled by funds managed by Flexpoint Ford LLC) | ||
| Offeror identified: 09:03 25-Jan-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Aggreko plc | ||
| Offer period commenced: 14:42 05-Feb-2021 | ||
| 4 329/395 p ordinary | ISIN: GB00BK1PTB77 | NSI: 256,128,201 |
| OFFEROR: A consortium comprising TDR Capital LLP and I Squared Capital (US) | ||
| LLC | ||
| Offeror identified: 14:42 05-Feb-2021 | ||
| Rule 2.6 deadline: 17:00 05-Mar-2021 | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Alternative Credit Investments plc | ||
| Offer period commenced: 07:00 25-Feb-2020 | ||
| 1p ordinary | ISIN: GB00BLP57Y95 | NSI: 73,467,261 |
| OFFEROR: Waterfall EIT UK Limited (a newly formed company owned by funds | ||
| managed by Waterfall Asset Management, LLC.) | ||
| Offeror identified: 07:00 25-Feb-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Arrow Global plc | ||
| Offer period commenced: 07:36 08-Feb-2021 | ||
| 1p ordinary | ISIN: GB00BDGTXM47 | NSI: 177,378,244 |
| OFFEROR: TDR Capital LLP (in its capacity as manager of various TDR managed | ||
| investment funds) | ||
| Offeror identified: 07:36 08-Feb-2021 | ||
| Rule 2.6 deadline: 17:00 08-Mar-2021 | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Calisen plc | ||
| Offer period commenced: 07:00 11-Dec-2020 | ||
| 1p ordinary | ISIN: GB00BKX9C181 | NSI: 547,980,973 |
| OFFEROR: Coyote Bidco Limited | ||
| Offeror identified: 07:00 11-Dec-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Countrywide plc | ||
| Offer period commenced: 07:00 09-Nov-2020 | ||
| 1p ordinary | ISIN: GB00BK5V9445 | NSI: 32,826,068 |
| OFFEROR: Connells Limited | ||
| Offeror identified: 07:00 09-Nov-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Dialog Semiconductor plc | ||
| Offer period commenced: 14:05 07-Feb-2021 | ||
| 10p ordinary | ISIN: GB0059822006 | NSI: 71,268,687 |
| OFFEROR: Renesas Electronics Corporation | ||
| Offeror identified: 14:05 07-Feb-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Eurasia Mining plc | ||
| Offer period commenced: 07:00 01-Jul-2020 | ||
| 0.1p ordinary | ISIN: GB0003230421 | NSI: 2,758,701,681 |
| OFFEROR: No named offeror | ||
| OFFEREE: French Connection Group plc | ||
| Offer period commenced: 07:00 05-Feb-2021 | ||
| 1p ordinary | ISIN: GB0033764746 | NSI: 96,612,934 |
| OFFEROR: Go Global Retail in conjunction with HMJ International Services Ltd | ||
| Offeror identified: 07:00 05-Feb-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: G4S plc | ||
| Offer period commenced: 11:00 14-Sep-2020 | ||
| 25p ordinary | ISIN: GB00B01FLG62 | NSI: 1,551,594,436 |
| OFFEROR: Fleming Capital Securities, Inc. (a wholly-owned subsidiary of | ||
| Garda World Security Corporation) | ||
| Offeror identified: 11:00 14-Sep-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEROR: Atlas UK Bidco Limited (a newly incorporated entity that is | ||
| indirectly controlled by Allied Universal) | ||
| Offeror identified: 13:08 09-Oct-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Gfinity plc | ||
| Offer period commenced: 08:55 09-Oct-2020 | ||
| 0.1p ordinary | ISIN: GB00BT9QD572 | NSI: 796,513,252 |
| OFFEROR: No named offeror | ||
| OFFEREE: Hunters Property plc | ||
| Offer period commenced: 07:00 04-Dec-2020 | ||
| 4p ordinary | ISIN: GB00BYMW5L71 | NSI: 32,814,588 |
| OFFEROR: Property Franchise Group plc, The | ||
| Offeror identified: 07:00 04-Dec-2020 | ||
| Rule 2.6 deadline: N/A | ||
| 1p ordinary | ISIN: GB00BH0WFH67 | NSI: 25,822,750 |
| OFFEREE: Idox plc | ||
| Offer period commenced: 07:00 19-Feb-2021 | ||
| 1p ordinary | ISIN: GB0002998192 | NSI: 443,688,279 |
| OFFEROR: Dye & Durham Limited | ||
| Offeror identified: 07:00 19-Feb-2021 | ||
| Rule 2.6 deadline: 17:00 19-Mar-2021 | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: KAZ Minerals plc | ||
| Offer period commenced: 07:40 28-Oct-2020 | ||
| 20p ordinary | ISIN: GB00B0HZPV38 | NSI: 472,495,871 |
| OFFEROR: Nova Resources B.V. (a company indirectly owned by joint offerors | ||
| (i) Oleg Novachuk and (ii) Vladimir Kim) | ||
| Offeror identified: 07:40 28-Oct-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Nucleus Financial Group plc | ||
| Offer period commenced: 12:07 02-Dec-2020 | ||
| 0.1p ordinary | ISIN: GB00BG226J60 | NSI: 76,473,360 |
| OFFEROR: James Hay Holdings Limited (an indirect wholly owned subsidiary of | ||
| IFG Group Limited, the parent company of the James Hay Group) | ||
| Offeror identified: 12:07 02-Dec-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: RDI REIT plc | ||
| Offer period commenced: 07:00 26-Feb-2021 | ||
| 40p ordinary | ISIN: IM00BH3JLY32 | NSI: 380,590,061 |
| OFFEROR: SOF-12 Cambridge Bidco Limited (a newly formed company owned by | ||
| Starwood Funds) | ||
| Offeror identified: 07:00 26-Feb-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Renishaw plc | ||
| Offer period commenced: 07:00 02-Mar-2021 | ||
| 20p ordinary | ISIN: GB0007323586 | NSI: 72,788,543 |
| OFFEROR: No named offeror | ||
| OFFEREE: RSA Insurance Group plc | ||
| Offer period commenced: 16:42 05-Nov-2020 | ||
| 100p ordinary | ISIN: GB00BKKMKR23 | NSI: 1,037,151,579 |
| ADR | ISIN: US74971A2069 | |
| OFFEROR: Regent Bidco Limited (a wholly-owned subsidiary of Intact | ||
| Financial Corporation) | ||
| Offeror identified: 16:42 05-Nov-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Scapa Group plc | ||
| Offer period commenced: 07:25 27-Jan-2021 | ||
| 5p ordinary | ISIN: GB0007281198 | NSI: 187,870,013 |
| OFFEROR: AMS Holdco 2 Limited (an indirect wholly-owned subsidiary of | ||
| Schweitzer-Mauduit International, Inc.) | ||
| Offeror identified: 07:25 27-Jan-2021 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Signature Aviation plc | ||
| Offer period commenced: 13:49 17-Dec-2020 | ||
| 37p ordinary | ISIN: GB00BKDM7X41 | NSI: 828,844,310 |
| OFFEROR: Brown Bidco Limited (a newly formed company to be indirectly owned | ||
| by joint offerors Blackstone Infrastructure Advisors LLC and Blackstone Core Equity Management Associates LLC, Global Infrastructure Management, LLC and Cascade Investment LLC) | ||
| Offeror identified: 13:49 17-Dec-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: Studio Retail Group plc | ||
| Offer period commenced: 07:00 08-Dec-2020 | ||
| 10p ordinary | ISIN: GB00B8B4R053 | NSI: 86,867,534 |
| 23.97p convertible | | NSI: 166,878,704 |
| OFFEROR: No named offeror | ||
| OFFEREE: TalkTalk Telecom Group plc | ||
| Offer period commenced: 07:55 08-Oct-2020 | ||
| 0.1p ordinary | ISIN: GB00B4YCDF59 | NSI: 1,146,269,670 |
| OFFEROR: Tosca IOM Limited | ||
| Offeror identified: 07:55 08-Oct-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| OFFEREE: William Hill plc | ||
| Offer period commenced: 13:08 25-Sep-2020 | ||
| 10p ordinary | ISIN: GB0031698896 | NSI: 1,050,736,189 |
| OFFEROR: Caesars UK Holdings Limited (a wholly-owned subsidiary of Caesars | ||
| Entertainment, Inc.) | ||
| Offeror identified: 13:08 25-Sep-2020 | ||
| Rule 2.6 deadline: N/A | ||
| Disclosure of dealings and positions in this offeror is not required | ||
| Notes: |
| 1. | Rule 8 of the Takeover Code (the "Code") sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders ("EPTs") connected with the parties to an offer. |
| 2. | Where an offeror is marked "Disclosure of dealings and positions in this offeror is not required", dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be, solely in cash or because disclosure is not required for some other reason. |
| 3. | Dealings and positions required to be disclosed under Rule 8 of the Code include dealings and positions in derivatives referenced to, and options in respect of, relevant securities of an offeree company and, where appropriate, an offeror (see Note 2 above). |
| 4. | The information set out in the Disclosure Table relating to the relevant securities in issue of an offeree company or of an offeror (and any amendments thereto) has been extracted from the relevant announcement made by such company under Rule 2.9 of the Code. Similarly, details of any deadline set under Rule 2.6 by which a potential offeror must announce either a firm intention to make a bid or that it does not intend to make an offer (or, in the case of Rule 2.6(a), by which the Panel must consent to an extension of the deadline) has been extracted from the relevant announcement made by the offeree company. |
| 5. | Additions and deletions of offeree companies and offerors are reflected in the Disclosure Table throughout the day, following the relevant announcement. Other amendments may also be made throughout the day. In any event, details of the classes of relevant securities issued by an offeree or offeror company, the number of such securities in issue ("NSI") and the International Securities Identification Number ("ISIN") of such securities announced under Rule 2.9 of the Code before 5.00 pm each day will be included in the final version of the Disclosure Table by 5.30 pm that day. The final version of the Disclosure Table issued each day will be marked "Final" and persons required to make Dealing Disclosures and Opening Position Disclosures are advised to use that final version. Any changes to a potential offeror's Rule 2.6 deadline will also be reflected in the "Final" version of the Disclosure Table, although any such changes will not be shown in the "Amendments" section at the top of the Disclosure Table. |
| 6. | Dealing Disclosures by the parties to an offer, persons acting in concert with them and connected EPTs must be made by no later than 12 noon on the business day (as defined in the Code) following the date of the relevant dealing and Dealing Disclosures by persons with an interest in relevant securities of 1% or more must be made by 3.30 pm on the business day following the date of the relevant dealing. |
| 7. | Opening Position Disclosures by the parties to an offer and by connected EPTs must be made by no later than 12 noon on the 10th business day after the commencement of the offer period or the announcement that first identifies an offeror (as the case may be). Where required, Opening Position Disclosures by persons with interests in relevant securities of 1% or more must be made by no later than 3.30 pm on the 10th business day after the commencement of the offer period or the announcement that first identifies an offeror (as the case may be). Details of the time and date at which an offer period commenced and at which an offeror was first identified are set out in the Disclosure Table. In order to calculate the deadline for Opening Position Disclosures, it is therefore necessary to count forward 10 business days from the relevant date. |
| 8. | Opening Position Disclosures and Dealing Disclosures required under Rule 8 of the Code must be made to a Regulatory Information Service ("RIS"). |
| 9. | This Note is applicable if it says "See Note 9 below" by the name of the company in the Disclosure Table above. The Executive has granted the company a dispensation from the requirements under the Code that announcements must be published via a RIS. The company is instead required to publish all announcements on its website. The Executive has also granted a dispensation from Note 3 on Rule 8 of the Code that disclosures made under Rule 8 of the Code must be made to a RIS. Therefore, Opening Position Disclosures and Dealing Disclosures required under Rule 8 of the Code may be made to the company at the address stated in the announcement that commenced the offer period. |
| 10. | The following are approved Regulatory Information Services: | |
| | Business Wire Regulatory Disclosure provided by Business Wire | +44 (0)20 7626 1982 |
| | GlobeNewswire provided by West Digital Media Solutions | +44 (0)20 3753 2071 |
| | PR Newswire Disclose provided by PR Newswire | +44 (0)20 7454 5210 |
| | RNS provided by the London Stock Exchange | +44 (0)20 7797 4400 |
| | EQS IR.COCKPIT provided by EquityStory AG | +49 89 21 02 98 - 50 |
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