Source - LSE Regulatory
RNS Number : 9016Q
Euromoney Institutional InvestorPLC
30 June 2022
 

FORM 8 (OPD) - Euromoney Institutional Investor PLC

 

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:

Euromoney Institutional Investor 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

Euromoney Institutional Investor PLC

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

Offeree

(e) Date position held:

     The latest practicable date prior to the disclosure

20 June 2022

(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

 

 

(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 0.25p each

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

0

0

0

0

(2) Cash-settled derivatives:

 

0

0

0

0

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

0

0

0

0

 

     TOTAL:

0

0

0

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:

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) Ordinary shares held by the directors of Euromoney Institutional Investor PLC, and their close relatives

 

Name (and relation to director)

Number of ordinary shares held

Percentage of total issued share capital

Jan Babiak

5,404

0.00494

Tim Pennington (via UBS nominees)

4,000

0.00366

Colin Day

3,500

0.00320

John Callaway

2,500

0.00229

Imogen Joss

1,001

0.00091

India Gary-Martin 

0

0

Jacqueline Rashbass (spouse of Andrew Rashbass)

175,932

0.16097

Domitille Van de Walle (spouse of Leslie van de Walle)

19,500

0.01784

David Grayson (spouse of Wendy Pallot)

1,805

0.00165

Simon Day (son to Colin Day)

1,380

0.00126

 

(b) Options and awards granted under Euromoney Institutional Investor PLC's share plans held by the directors of Euromoney Institutional Investor PLC or their close relatives and related trusts

 

Director

Share plan

Number of ordinary shares under options / awards

Grant date  

Vesting date

Expiry date

Exercise price

Value of shares at grant

Andrew Rashbass

Performance Share Plan

 

 156,480

16/06/2020

16/06/2023

16/06/2030

Nil

£8.15

 121,939

10/12/2020

10/12/2023

10/12/2030

Nil

£10.46

 155,925

06/12/2021

06/12/2024

06/12/2031

Nil

£9.62

Deferred annual bonus

 35,911

06/12/2021

06/12/2023

06/12/2031

Nil

£9.62

Wendy Pallot

Performance Share Plan

 66,987

16/06/2020

16/06/2023

16/06/2030

Nil

£8.15

 52,200

10/12/2020

10/12/2023

10/12/2030

Nil

£10.46

 60,810

06/12/2021

06/12/2024

06/12/2031

Nil

£9.62

SAYE Plan

2,244

18/12/2020

01/02/2024

01/08/2024

£8.02

£10.02

Deferred annual bonus

7,213

06/12/2021

06/12/2023

06/12/2031

Nil

£9.62

 

(c) Interests or short positions held by connected employee benefit trusts of Euromoney Institutional Investor PLC

 

Name

Number of ordinary shares held

Percentage of total issued share capital

Euromoney Employee Share Ownership Trust 

58,976

0.05396%

 

(d) Interests or short positions held by connected advisers of Euromoney Institutional Investor PLC

 

UBS

 

Class of relevant security:

 

Ordinary shares of 0.25p each 

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

4,418

0.00404

0

0

(2) Cash-settled derivatives:

 

0

0

0

0

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

0

0

0

0

 

     TOTAL:

4418

0.00404

0

0

 

 

 

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 June 2022

Contact name:

Tim Bratton, General Counsel and Company Secretary

Telephone number:

Telephone: +44 (0) 207 779 8288

 

 

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.

 

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END
 
 
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