Rule 8 - Raft Int'l PLC
September 29 2003 - 7:25AM
UK Regulatory
RNS Number:2813Q
Paul Scott
29 September 2003
Date of Disclosure 29/09/2003
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS
Date of dealing 29/09/2003
Dealing in RAFT INTERNATIONAL PLC (name of company)
1) Class of securities (eg ordinary shares) ORDINARY SHARES
2) Amount bought Amount sold Price per unit
25,000 25.0P
50,000 25.5P
3) Resultant total of the same class owned or controlled
(and percentage of class) 800,000 (1.2%) (IN ADDITION, CFD'S HELD,
SEE NOTE BELOW)
4) Party making disclosure PAUL SCOTT
5) EITHER (a) Name of purchaser/vendor (Note 1) PAUL SCOTT
OR (b) if dealing for discretionary client(s), name of fund
management organisation
6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf)
If category (8), explain
(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES
Signed, for and on behalf of the party named in (4) above N/A
(Also print name of signatory) PAUL SCOTT
Telephone and extension number 07973 883981
Note 1. Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, eg where an owner normally acts on
instructions of a controller
Note 2. Disclosure might be made for more than one reason; if so, state all
reasons.
Note 3. Specify which offeror if there is more than one.
Note 4. When an arrangement exists with any offeror, with the offeree company
or which an associate of any offeror or of the offeree company
in relation to relevant securities, details of such arrangement must
be disclosed, as required by Note 6 on Rule 8
Note 5. It may be necessary, particularly when disclosing derivative
transactions, to append a sheet to this disclosure form so that
relevant information can be given.
Note 6. In the case of an average price bargain, each underlying trade
should be disclosed.
For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Takeovers and Mergers, Tel No: 020 7382 9026
ADDITIONAL NOTE
FORM 8 ENCLOSURE
A PURCHASE OF A LONG CFD CONTRACT WILL REALISE A GAIN IF THE PRICE OF THE
UNDERLYING SECURITY GOES UP. A SELLER OF A CFD CONTRACT WILL REALISE A GAIN IF
THE PRICE OF THE UNDERLYING SECURITY GOES DOWN.
THE CFD CONTRACTS SHOWN BELOW ARE OPEN-ENDED AND THERE IS NO ROLLOVER INTO NEW
CONTRACTS.
PRODUCT NAME DATE EXECUTED BUY/SELL NO. SHARES PRICE
LONG CFD 06/06/2003 BUY 200,000 8.125P
LONG CFD 11/06/2003 BUY 50,000 11.5P
LONG CFD 29/07/2003 BUY 50,000 13.0P
TOTAL 300,000
This information is provided by RNS
The company news service from the London Stock Exchange
END
DCCSEWFFUSDSEDU