EMM Disclosure
June 13 2003 - 6:26AM
UK Regulatory
RNS Number:3029M
Deutsche Bank AG London
13 June 2003
EMM DISCLOSURE
FORM 38.5 (SUMMARY)
Lodge with a RIS and the Takeover Panel. Use a separate form for each class of
securities in which dealings have been made.
CONNECTED EXEMPT MARKET- MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Name of EMM Deutsche Bank AG London
Date of disclosure 13/06/03
Contact name Kelly-Jade Ledwich
Telephone number 0207 545 7804
Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:
Scottish and Newcastle Plc
Somerfield
Chelsfield plc
AMENDMENT
If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:
In the case of option business or dealings in derivatives full details should be
given on a separate sheet so that the nature of the dealings can be fully
understood. For options this should include the number of securities under
option, the exercise period (or in the case of exercise, the exercise date), the
exercise price and any option money paid or received. For derivatives this
should include, at least, the number of reference securities to which they
relate (when relevant), the maturity date (or if applicable the closing out
date) and the reference price.
For full details of the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129.
Email: monitoring@disclosure.org.uk
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in (name of company) Scottish and Newcastle Plc
Class of security Ordinary
Date of disclosure 13/06/03
Date of dealing 12/06/03
Name of EMM Deutsche Bank AG London
Name of offeree/offeror with whom connected Scottish and Newcastle Plc
Total number of securities purchased 260,636
Highest price paid* #3.985
Lowest price paid*#3.93
Total number of securities sold 504,944
Highest price received*#3.985
Lowest price received* #3.93
*Currency must be stated
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Differences ("CFD") referenced to ......Scottish and
Newcastle Plc...........................(Company)
(Class of security) ....................Ordinary....................
Date of disclosure ...............13/06/03.....................................
Date of dealing ..................12/06/03...................................
Name of EMM/EPT...Deutsche Bank AG London.........
Name of offeree/offeror with whom connected .........Scottish and Newcastle Plc
..............................................
Product Type ..................Long CFD.......................................
........................................
Maturity Date ..................Open Ended....................................
...........................
Writing of CFD
Number of Ordinary Shares to which the CFD is referenced .........99,636......
.........................
CFD reference price between .............#3.975.........and.......#3.93. ......
.................................
Closing Out of CFD
Number of Ordinary Shares to which the CFD is referenced............217,290...
.........................
CFD closing out price between.........#3.985......................and.........
...#3.93 .............................
Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in (name of company) Somerfield
Class of security Ordinary
Date of disclosure 13/06/03
Date of dealing 12/06/03
Name of EMM Deutsche Bank AG London
Name of offeree/offeror with whom connected Somerfield
Total number of securities purchased 736,764
Highest price paid*#1.0925
Lowest price paid*#1.055
Total number of securities sold 517,027
Highest price received* #1.0875
Lowest price received* #1.055
*Currency must be stated
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Differences ("CFD") referenced to .........Somerfield...
.....................(Company)
(Class of security) ....................Ordinary....................
Date of disclosure ............13/06/03........................................
Date of dealing ..................12/06/03.....................................
Name of EMM/EPT...Deutsche Bank AG London.........
Name of offeree/offeror with whom connected ............Somerfield............
...............................
Product Type ..............................Long CFD...........................
........................................
Maturity Date ..................Open Ended....................................
...........................
Writing of CFD
Number of Ordinary Shares to which the CFD is referenced ............303,400...
..............................
CFD reference price between .........#1.075221......and.........#1.0663.........
......................
Closing Out of CFD
Number of Ordinary Shares to which the CFD is referenced.........517,027......
.........................
CFD closing out price between...........#1.0875 ............. and.......#1.075
.......................................
Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.
FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in (name of company) Chelsfield plc
Class of security Ordinary
Date of disclosure 13/06/03
Date of dealing 12/06/03
Name of EMM Deutsche Bank AG London
Name of offeree/offeror with whom connected Chelsfield plc
Total number of securities purchased 300,000
Highest price paid* #3.15473
Lowest price paid*#3.15473
Total number of securities sold
Highest price received* #
Lowest price received* #
*Currency must be stated
Rule 38.5 (CFD)
CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in Contract for Differences ("CFD") referenced to .........Chelsfield
plc........................(Company)
(Class of security) ....................Ordinary....................
Date of disclosure .....................13/06/03...............................
Date of dealing ..................12/06/03.....................................
Name of EMM/EPT...Deutsche Bank AG London.........
Name of offeree/offeror with whom connected ............MBO led by the
Management...........................................
Product Type .....................Long CFD....................................
........................................
Maturity Date ..................Open Ended....................................
...........................
Writing of CFD
Number of Ordinary Shares to which the CFD is referenced .........300,000......
.....................
CFD reference price ................#3.15473....................................
..............
Closing Out of CFD
Number of Ordinary Shares to which the CFD is referenced........................
................
CFD closing out price between.................................................
..........................
Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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