TIDMATL

RNS Number : 1332W

KEYEDIN (UK) LTD

25 January 2012

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) Identity of the party to the offer making the disclosure:                                    KEYEDIN (UK) LIMITED 
-----------------------------------------------------------------------------------------------  --------------------- 
     (b) Owner or controller of interests and short positions disclosed, if different from 
     1(a): 
     The naming of nominee or vehicle companies is insufficient 
-----------------------------------------------------------------------------------------------  --------------------- 
     (c) Name of offeror/offeree in relation to whose relevant securities the disclosure          ATLANTIC GLOBAL PLC 
     relates: 
     Use a separate form for each party to the offer 
-----------------------------------------------------------------------------------------------  --------------------- 
 (d) Is the party to the offer making the disclosure the offeror or the offeree?                  OFFEROR 
-----------------------------------------------------------------------------------------------  --------------------- 
 (e) Date position held:                                                                          24 JANUARY 2012 
-----------------------------------------------------------------------------------------------  --------------------- 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in respect     NO 
  of any other party to this offer? 
-----------------------------------------------------------------------------------------------  --------------------- 
 
   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:                                      N/A 
-------------------------------------------------  -------------------------------- 
                                                     Interests     Short positions 
-------------------------------------------------  ------------  ------------------ 
                                                    Number    %      Number      % 
-------------------------------------------------  --------      -------------  --- 
 (1) Relevant securities owned and/or controlled: 
-------------------------------------------------  --------      -------------  --- 
 (2) Derivatives (other than options): 
-------------------------------------------------  --------      -------------  --- 
 (3) Options and agreements to purchase/sell: 
-------------------------------------------------  --------      -------------  --- 
    TOTAL: 
-------------------------------------------------  --------      -------------  --- 
 

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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:    N/A 
----------------------------------------------------------------------------  ---- 
 Details, including nature of the rights concerned and relevant percentages:   N/A 
----------------------------------------------------------------------------  ---- 
 

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.

   (c)        Irrevocable commitments and letters of intent 
 
 Details of any irrevocable commitments or letters of intent procured by the party to the offer 
  making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of 
  the Code): 
----------------------------------------------------------------------------------------------- 
 
 
Shareholder                    Number of Offer  Total percentage 
                                        Shares      of the Offer 
                                subject to the            Shares 
                                   irrevocable 
Eugene Blaine                        9,539,812            46.90% 
Rathbone Nominees Limited            1,040,000             5.11% 
Paul Gleghorn*                         981,028             4,82% 
Octopus Investments Nominees           741,000             3.64% 
Herald Investment Management 
 Limited                               629,000             3.09% 
Adrian Bradshaw                        514,980             2.53% 
Rupert Hutton                           59,000             0.29% 
 

* Includes 203,568 Offer Shares held by Mrs Rachel Jane Gleghorn, wife of Paul Gleghorn

The undertakings provided by Eugene Blaine, Paul Gleghorn, Adrian Bradshaw and Rupert Hutton will continue to be binding even in the event of a higher offer for Atlantic Global by a competing third party and cannot be withdrawn unless the Offer lapses or is withdrawn. The irrevocable undertakings provided by Herald Investment Management Limited and Octopus Investments Nominees Limited will remain binding in the event of a higher offer for Atlantic Global by a competing third party, unless the value of the competing offer represents an improvement of ten per cent, or more of the value of the consideration being made available under the Offer. The irrevocable undertakings provided by Rathbone Nominees Limited will lapse in the event of a higher competing offer for Atlantic Global by a competing third party.

   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 of any person acting in 
  concert with the party to the offer making the disclosure: 
------------------------------------------------------------------------------------------ 
 
  N/A 
------------------------------------------------------------------------------------------ 
 

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 3 for each additional class of relevant security.

Details of any open derivative or option positions, 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: 
  If there are no such agreements, arrangements or understandings, state "none" 
------------------------------------------------------------------------------------------------ 
 
  N/A 
------------------------------------------------------------------------------------------------ 
 
   (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" 
---------------------------------------------------------------------------------------------- 
 
  N/A 
---------------------------------------------------------------------------------------------- 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
-------------------------------------  --- 
 Supplemental Form 8 (SBL)              NO 
-------------------------------------  --- 
 
 
 Date of disclosure:    24 JANUARY 2011 
---------------------  ---------------- 
 Contact name:          Alan Chan 
---------------------  ---------------- 
 Telephone number:      0113 244 5000 
---------------------  ---------------- 
 

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 monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing 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

END

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