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Form 8.3 - IP Group PLC

By LSE RNS

RNS Number : 2903O
BlackRock Group
17 August 2017
 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

BlackRock, Inc.

(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.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

IP Group plc

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:


(e) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

16 August 2017

(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"

Yes, Touchstone Innovations plc

 

2.         POSITIONS OF THE PERSON 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 following the dealing (if any)

 

Class of relevant security:

 

2p ordinary

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

12,852,355

1.83%

0

0.00%

(2) Cash-settled derivatives:

 

0

0.00%

196,024

0.02%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00%

0

0.00%

 

     TOTAL:

12,852,355

1.83%

196,024

0.02%

 

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).

 

(b)        Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:


Details, including nature of the rights concerned and relevant percentages:


 

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchase/sale

 

Number of securities

Price per unit

2p ordinary

Sale

567,810

GBP 1.4137

 

(b)        Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

2p ordinary

CFD

Increasing short

52

GBP 1.3939

2p ordinary

CFD

Increasing short

54

GBP 1.3948

2p ordinary

CFD

Increasing short

27

GBP 1.3955

2p ordinary

CFD

Increasing short

44

GBP 1.3964

2p ordinary

CFD

Increasing short

30

GBP 1.3983

2p ordinary

CFD

Increasing short

29

GBP 1.3987

2p ordinary

CFD

Increasing short

126

GBP 1.3989

2p ordinary

CFD

Increasing short

31

GBP 1.4003

2p ordinary

CFD

Increasing short

44

GBP 1.4011

2p ordinary

CFD

Increasing short

62

GBP 1.4019

2p ordinary

CFD

Increasing short

32

GBP 1.4034

2p ordinary

CFD

Increasing short

53

GBP 1.4049

2p ordinary

CFD

Increasing short

40

GBP 1.4049

2p ordinary

CFD

Increasing short

192

GBP 1.4052

2p ordinary

CFD

Increasing short

19

GBP 1.4079

2p ordinary

CFD

Increasing short

592

GBP 1.4089

2p ordinary

CFD

Increasing short

67

GBP 1.4109

2p ordinary

CFD

Increasing short

28

GBP 1.4123

2p ordinary

CFD

Increasing short

73

GBP 1.4144

2p ordinary

CFD

Increasing short

109

GBP 1.4146

2p ordinary

CFD

Increasing short

135

GBP 1.4159

2p ordinary

CFD

Increasing short

109

GBP 1.4199

2p ordinary

CFD

Increasing short

40

GBP 1.4209

2p ordinary

CFD

Increasing short

152

GBP 1.4239

2p ordinary

CFD

Increasing short

34

GBP 1.4256

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit









 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit





 

 

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)





 

 

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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

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 person 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:

If there are no such agreements, arrangements or understandings, state "none"

 

None.

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

No

 

Date of disclosure:

17 August 2017

Contact name:

Andrew Manchester

Telephone number:

+44 20 7743 3650

 

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 [email protected]

 

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
 
END
 
 
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