Essenden PLC Form 8 (OPD) (Essenden plc) - Amendment (3888J)
April 02 2015 - 11:27AM
UK Regulatory
TIDMESS TIDMTTM TIDMTTM
RNS Number : 3888J
Essenden PLC
02 April 2015
AMENDMENT
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")
AMENDMENT
1. KEY INFORMATION
(a) Full name of discloser: ESSENDEN PLC
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(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.
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: ESSENDEN PLC
Use a separate form for each offeror/offeree
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(d) Is the discloser the offeror or the offeree? OFFEREE
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(e) Date position held: 1 APRIL 2015
The latest practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is the discloser making disclosures in N/A
respect If YES, specify which:
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
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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: ESSENDEN PLC 1p Ordinary shares
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Interests Short positions
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Number % Number %
---------------------------------------------------------------------------- -------------- ---- ------------- ---
(1) Relevant securities owned and/or controlled:
NIL NIL
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(2) Cash-settled derivatives: NIL NIL
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(3) Stock-settled derivatives (including options) and agreements to NIL NIL
purchase/sell:
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NIL NIL
TOTAL:
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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:
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Details, including nature of the rights concerned and relevant percentages:
NIL
NIL
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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:
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(1) Relevant securities owned and/or controlled:
ESSENDEN PLC 1p Ordinary Shares Short positions
Nicholas Oppenheim (Non-Executive Director) 2,125,388 4.2385% NIL
Nick Basing (CEO) 205,412 0.4096%
Richard Darwin (Finance Director) 4,613 0.0092%
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Georgica Ltd GBP1 redeemable shares
Nick Basing (CEO) 100
Richard Darwin (Finance Director) 34
Redeemable Shares issued under Essenden plc Share Incentive Scheme outlined in Notice
of AGM
sent to shareholders in March 2010 and approved by Shareholders on 29(th) April 2010
which
under certain circumstances give the option for the redeemable shares in Georgica to
be converted
into Essenden plc shares.
The Redeemable Shares may be redeemed by the participants at any time following 15th
October
2012 and before 17th October 2016. In the event of a change of control of Essenden
PLC ("Essenden"),
the Executive will be deemed to have served notice on Essenden of his intention to
redeem
the Redeemable Shares and the Redemption Notification Date will be deemed to be the
date on
which such change of control takes effect
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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
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(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"
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None
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(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) NO
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Supplemental Form 8 (SBL) NO
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Date of disclosure: 2 APRIL 2015
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Contact name: RICHARD DARWIN
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Telephone number: 0208 879 3932
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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 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
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