Form 8 (DD) - Braemar Group plc
June 22 2010 - 11:11AM
UK Regulatory
TIDMBRK TIDMBRG
RNS Number : 0683O
Brooks Macdonald Group PLC
22 June 2010
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT
(INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
1. KEY INFORMATION
+-----------------+-----------+
| (a) | Brooks |
| Identity | Macdonald |
| of the | Group plc |
| party to | |
| the | |
| offer or | |
| person | |
| acting | |
| in | |
| concert | |
| making | |
| the | |
| disclosure: | |
+-----------------+-----------+
| (b) | N/A |
| Owner | |
| or | |
| controller | |
| of | |
| interests | |
| and short | |
| positions | |
| disclosed, | |
| if | |
| different | |
| from 1(a): | |
+-----------------+-----------+
| (c) | Braemar |
| Name | Group |
| of | plc |
| offeror/offeree | |
| in relation to | |
| whose relevant | |
| securities this | |
| form relates: | |
+-----------------+-----------+
| (d) | Offeror |
| Status | |
| of | |
| person | |
| making | |
| the | |
| disclosure: | |
+-----------------+-----------+
| (e) | 22 |
| Date | June |
| dealing | 2010 |
| undertaken: | |
+-----------------+-----------+
| (f) | No |
| Has | |
| the | |
| party | |
| previously | |
| disclosed, | |
| or is it | |
| today | |
| disclosing, | |
| under the | |
| Code in | |
| respect of | |
| any other | |
| party to | |
| this offer? | |
+-----------------+-----------+
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a) Interests and short positions in the relevant securities of the
offeror or offeree to which the disclosure relates following the dealing
+----------------+------------+--------+--------+--------+
| Class | Offeree Ordinary Shares |
| of | |
| relevant | |
| security: | |
| | |
+----------------+---------------------------------------+
| | Interests |Short positions |
| | | |
+ +---------------------+-----------------+
| | Number | % |Number | % |
+----------------+------------+--------+--------+--------+
| (1) | 8,896,495 | 5.2 | Nil | Nil |
| Relevant | | | | |
| securities | | | | |
| owned | | | | |
| and/or | | | | |
| controlled: | | | | |
+----------------+------------+--------+--------+--------+
| (2) | Nil | Nil | Nil | Nil |
| Derivatives | | | | |
| (other than | | | | |
| options): | | | | |
+----------------+------------+--------+--------+--------+
| (3) |48,257,421 | 28.0 | Nil | Nil |
| Options | | | | |
| and | | | | |
| agreements | | | | |
| to | | | | |
| purchase/sell: | | | | |
+----------------+------------+--------+--------+--------+
| |57,153,916 | 33.2 | Nil | Nil |
| | | | | |
| TOTAL: | | | | |
+----------------+------------+--------+--------+--------+
Of the Ordinary Shares referred to in (1) above, 351,857 are owned by Brooks
Macdonald Nominees Limited, a wholly owned subsidiary undertaking of Brooks
Macdonald, on behalf of a Brooks Macdonald asset management client. The shares
were purchased at the request of the client and voting on corporate actions in
respect of these shares is at the discretion of the client.
The Ordinary Shares which are referred to in (3) above are subject to the
Management Share Purchase Agreement (details of which are provided in the
Supplemental Form 8 published on 10 June 2010).
(b) Rights to subscribe for new securities (including directors' and
other executive options)
+--------------+--------+
| Class | |
| of | |
| relevant | |
| security | |
| in | |
| relation | |
| to which | |
| subscription | |
| right | |
| exists: | |
+--------------+--------+
| Details, | |
| including | |
| nature of | |
| the | |
| rights | |
| concerned | |
| and | |
| relevant | |
| percentages: | |
+--------------+--------+
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.
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
+----------+---------------+------------+--------+
| Class |Purchase/sale | Number | Price |
| of | | of | per |
|relevant | |securities | unit |
|security | | | |
+----------+---------------+------------+--------+
| Offeree | Purchase | 8,544,638 | 2.25p |
| Ordinary | | | |
| Shares | | | |
+----------+---------------+------------+--------+
(b) Derivatives transactions (other than options)
+----------+-------------+---------------------+------------+--------+
| Class | Product | Nature | Number | Price |
| of |description | of | of | per |
|relevant | e.g. CFD | dealing | reference | unit |
|security | | e.g. |securities | |
| | | opening/closing | | |
| | | a long/short | | |
| | | position, | | |
| | |increasing/reducing | | |
| | | a long/short | | |
| | | position | | |
+----------+-------------+---------------------+------------+--------+
| | | | | |
| | | | | |
+----------+-------------+---------------------+------------+--------+
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
+----------+-------------+-------------+------------+----------+-----------+--------+----------+
| Class | Product | Writing, | Number |Exercise | Type |Expiry | Option |
| of |description |purchasing, | of | price | e.g. | date | money |
|relevant | e.g. call | selling, |securities |per unit |American, | | paid/ |
|security | option | varying | to which | | European | |received |
| | | etc. | option | | etc. | |per unit |
| | | | relates | | | | |
+----------+-------------+-------------+------------+----------+-----------+--------+----------+
| | | | | | | | |
+----------+-------------+-------------+------------+----------+-----------+--------+----------+
(ii) Exercising
+----------+-------------+------------+----------+
| Class | Product | Number |Exercise |
| of |description | of | price |
|relevant | e.g. call |securities |per unit |
|security | option | | |
+----------+-------------+------------+----------+
| | | | |
| | | | |
+----------+-------------+------------+----------+
(d) Other dealings (including subscribing for new securities)
+----------+---------------+---------+-------------+
| Class | Nature |Details | Price |
| of | of | | per |
|relevant | dealing | | unit |
|security | e.g. | | (if |
| |subscription, | |applicable) |
| | conversion | | |
+----------+---------------+---------+-------------+
| | | | |
| | | | |
+----------+---------------+---------+-------------+
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 |
| or person |
| acting in |
| concert making |
| the disclosure |
| and any other |
| person: |
+----------------+
| |
| 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 or |
| person acting |
| in concert |
| making the |
| disclosure 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: |
+----------------+
| |
| None |
| |
+----------------+
(c) Attachments
Are any Supplemental Forms attached?
+--------------+--------+
| Supplemental | NO |
| Form 8 (Open | |
| Positions) | |
+--------------+--------+
| Supplemental | NO |
| Form 8 (SBL) | |
+--------------+--------+
+-------------+-----------+
| Date | 22 |
| of | June |
| disclosure: | 2010 |
+-------------+-----------+
| Contact | Bruce |
| name: | Garrow, |
| | Collins |
| | Stewart |
| | Europe |
| | Ltd |
+-------------+-----------+
| Telephone | +44 |
| number: | (0)20 |
| | 7523 8350 |
+-------------+-----------+
Note that defined terms in this form have the same meaning as in the
announcement of Brooks Macdonald's recommended cash offer for Braemar on 8 June
2010
This information is provided by RNS
The company news service from the London Stock Exchange
END
DCCUUANRRRANUAR
Braemar (LSE:BRG)
Historical Stock Chart
From May 2024 to Jun 2024
Braemar (LSE:BRG)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Braemar (London Stock Exchange): 0 recent articles
More Braemar News Articles