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) Full name of
discloser:
|
De La Rue
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.
|
|
|
(c) Name of offeror/offeree
in relation to whose relevant securities this form
relates:
Use
a separate form for each offeror/offeree
|
De La Rue
plc (OFFEREE)
|
|
(d) Is the discloser the
offeror or the offeree?
|
OFFEREE
|
|
(e) Date position
held:
The latest practicable date
prior to the disclosure
|
20/12/2024
|
|
(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
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.
(a) Interests and
short positions in the relevant securities of the offeror or
offeree to which the disclosure relates
|
Class of relevant
security:
|
|
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
|
(1) Relevant securities owned
and/or controlled:
|
Nil
|
0
|
Nil
|
0
|
|
(2) Cash-settled
derivatives:
|
Nil
|
0
|
Nil
|
0
|
|
(3) Stock-settled derivatives
(including options) and agreements to
purchase/sell:
|
Nil
|
0
|
Nil
|
0
|
|
TOTAL:
|
Nil
|
0
|
Nil
|
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:
|
N/A
|
|
Details, including nature of
the rights concerned and relevant percentages:
|
N/A
|
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) Interests held by the Directors of De La Rue
plc, their close relatives and related trusts
|
Name
|
Number of ordinary share of
£0.448686
|
% (2 decimal
places)
|
|
Clive
Whiley
|
200,000
|
0.10
|
|
Clive
Vacher
|
338,687
|
0.17
|
|
Ruth
Euling
|
102,225
|
0.05
|
|
Mark
Hoad
|
50,000
|
0.03
|
|
Dean
Moore
|
0
|
0.00
|
|
Nick
Bray
|
0
|
0.00
|
|
Brian
Small
|
0
|
0.00
|
b) Interests held as options or awards under the
De La Rue plc Deferred Bonus Plan 2020 by the Directors of De La
Rue plc, their close relatives and related trusts:
|
Name
|
Number of ordinary shares
(under option)
|
Grant Date
|
Vesting
date
|
Expiry Date
|
Exercise price (per share)
(£)
|
|
Clive
Vacher
|
25,748
|
30/07/2024
|
12,874 to
vest on 10/07/2025
12,874 to
vest on 10/07/2026
|
30/07/2034
|
N/A
|
|
Ruth
Euling
|
8,347
|
30/07/2024
|
4,174 to
vest on 10/07/2025
4,173 to
vest on 10/07/2026
|
30/07/2034
|
N/A
|
c) Interests held as options or awards under the
De La Rue plc Performance Share Plan 2010 by the Directors of De La
Rue plc, their close relatives and related trusts:
|
Name
|
Number of ordinary shares
(under option)
|
Grant Date
|
Vesting
date
|
Expiry Date
|
Exercise price (per share)
(£)
|
|
Ruth
Euling
|
2,531
1,799
2,655
1,858
773
515
|
29/06/2015
29/06/2015
27/06/2016
27/06/2016
27/06/2017
27/06/2017
|
29/06/2018
29/06/2018
27/06/2019
27/06/2019
27/06/2020
27/06/2020
|
29/06/2025
29/06/2025
27/06/2026
27/06/2026
27/06/2027
27/06/2027
|
N/A
N/A
N/A
N/A
N/A
N/A
|
d) Interests held as options or awards under the
De La Rue plc Performance Share Plan 2020 by the Directors of De La
Rue plc, their close relatives and related trusts:
|
Name
|
Number of ordinary shares
(under option)
|
Grant Date
|
Vesting
date
|
Expiry Date
|
Exercise price (per share)
(£)
|
|
Clive
Vacher
|
454,059
309,602
|
31/08/2022
12/10/2023
|
31/08/2025
12/10/2026
|
31/08/2032
12/10/2033
|
N/A
N/A
|
|
Ruth
Euling
|
252,158
102,454
|
31/08/2022
12/10/2023
|
31/08/2025
12/10/2026
|
31/08/2032
12/10/2033
|
N/A
N/A
|
e) Interests held as options or awards under the
De La Rue plc Investor Returns Plan 2023 by the Directors of De La
Rue plc, their close relatives and related trusts:
|
Name
|
Number of ordinary shares
(under option)
|
Grant Date
|
Vesting
date
|
Expiry Date
|
Exercise price (per share)
(£)
|
|
Clive
Vacher
|
640,878
|
12/10/2023
|
12/10/2026
|
12/10/2033
|
0.80
|
|
Ruth
Euling
|
212,079
|
12/10/2023
|
12/10/2026
|
12/10/2033
|
0.80
|
f) Interests held as options or awards under
the De La Rue plc Sharesave Plan 2022 by the Directors of De La Rue
plc, their close relatives and related trusts:
|
Name
|
Number of ordinary shares
(under option)
|
Grant Date
|
Vesting
date
|
Expiry Date
|
Exercise price (per share)
(£)
|
|
Clive
Vacher
|
29,925
|
22/02/2023
|
01/04/2026
|
01/10/2026
|
0.6015
|
|
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:
|
20 December
2024
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Contact name:
|
Jon Messent, Company
Secretary
|
Telephone number:
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+44(0) 1256
605000
|
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.
