Rule 8.3- (Abacus Group Plc)

    RNS Number : 0931J
  Elgin Capital LLP
  27 November 2008
   


    FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
    (Rule 8.3 of the City Code on Takeovers and Mergers)

    1.    KEY INFORMATION

 Name of person dealing (Note 1)                            Elgin Capital LLP

 Company dealt in                                           Abacus Group Plc

 Class of relevant security to which the dealings being     5p Ordinary Shares
 disclosed relate (Note 2)

 Date of dealing                                            26th November 2008


    2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

 (a)  Interests and short positions (following dealing) in the class of
      relevant security dealt in (Note 3)

                                              Long           Short
                                              Number   (%)   Number  (%)

 (1) Relevant securities 

 (2) Derivatives (other than options)         744,490  1.01

 (3) Options and agreements to purchase/sell

 Total

 (b)  Interests and short positions in relevant securities of the company,
      other than the class dealt in (Note 3)

  Class of relevant security:                 Long         Short
                                              Number  (%)  Number  (%)

 (1) Relevant securities 

 (2) Derivatives (other than options)

 (3) Options and agreements to purchase/sell

 Total


    (c)    Rights to subscribe (Note 3)

 Class of relevant security:  Details




    3.    DEALINGS (Note 4)

    (a)    Purchases and sales

 Purchase/sale   Number of securities  Price per unit (Note 5)



    (b)    Derivatives transactions (other than options)

 Product name,  Long/short (Note 6)  Number of securities  Price per unit (Note 5)
 e.g. CFD                            (Note 7)
 CFD            Long                 38,000                51.5p


    (c)    Options transactions in respect of existing securities
    (i)    Writing, selling, purchasing or varying

 Product              Writing,              Number of             Exercise  Type, e.g.         Expiry  Option
 name, e.g.           selling,              securities to         price     American,          date    money
 call option          purchasing,           which the                       European                   paid/received
                      varying etc.          option                          etc.                       per unit (Note
                                            relates                                                    5) 
                                            (Note 7)




    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 5)



    (d)    Other dealings (including new securities) (Note 4)

 Nature of transaction (Note 8)  Details  Price per unit (if applicable) (Note 5)



    4.    OTHER INFORMATION

    Agreements, arrangements or understandings relating to options or derivatives

    Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting
rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or
disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.



 Is a Supplemental Form 8 attached? (Note 9)  NO


 Date of disclosure                                              27/11/2008

 Contact name                                                    Nick Reed

 Telephone number                                                020 7340 9014

 If a connected EFM, name of offeree/offeror with which
 connected

 If a connected EFM, state nature of connection (Note 10)


    Notes
    The Notes on Form 8.3 can be viewed on the Takeover 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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