Form 8 (OPD) (Islamic Bank of Britain PLC) (1694D)

TIDMIBB

RNS Number : 1694D

Islamic Bank of Britain Plc

17 March 2011

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) Identity of the party to the      Islamic Bank of Britain plc ("IBB") 
     offer making the disclosure: 
----------------------------------------  ------------------------------------ 
     (b) Owner or controller of            As above 
     interests and short positions 
     disclosed, if different from 1(a): 
     The naming of nominee or vehicle 
     companies is insufficient 
----------------------------------------  ------------------------------------ 
     (c) Name of offeror/offeree in        Islamic Bank of Britain plc ("IBB") 
     relation to whose relevant 
     securities this form relates: Use a 
     separate form for each party to the 
     offer 
----------------------------------------  ------------------------------------ 
     (d) Is the party to the offer         OFFEREE 
     making the disclosure the offeror 
     or the offeree? 
----------------------------------------  ------------------------------------ 
     (e) Date position held:               16 March 2011 
----------------------------------------  ------------------------------------ 
     (f) Has the party previously          NO 
     disclosed, or is it today 
     disclosing, under the Code in 
     respect of any other party to this 
     offer? 
----------------------------------------  ------------------------------------ 
 

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 
 Class of relevant security:                             1p ordinary 
--------------------------------------------  -------------------------------- 
                                                Interests     Short positions 
--------------------------------------------  ------------  ------------------ 
                                               Number    %      Number      % 
--------------------------------------------  --------      -------------  --- 
     (1) Relevant securities owned and/or       None             None 
     controlled: 
--------------------------------------------  --------      -------------  --- 
     (2) Derivatives (other than options):      None             None 
--------------------------------------------  --------      -------------  --- 
     (3) Options and agreements to              None             None 
     purchase/sell: 
--------------------------------------------  --------      -------------  --- 
     TOTAL:                                     None             None 
--------------------------------------------  --------      -------------  --- 
 

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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   NONE 
  right exists: 
-------------------------------------------------------------  ----- 
 Details, including nature of the rights concerned              NONE 
  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.

(c) Irrevocable commitments and letters of intent

 
 Details of any irrevocable commitments or letters 
  of intent procured by the party to the offer making 
  the disclosure or any person acting in concert with 
  it (see Note 3 on Rule 2.11 of the Code): 
----------------------------------------------------- 
 None 
----------------------------------------------------- 
 

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 of any person acting in concert with 
  the party to the offer making the disclosure: 
----------------------------------------------------- 
                                  Percentage of 
  Name of IBB      Number of IBB   issued share 
  Director         Shares          capital of IBB 
 
  Gerry Deegan     20,000          0.0008% 
  Sultan 
   Choudhury       34,000          0.0013% 
----------------------------------------------------- 
 

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 3 for each additional class of relevant security.

Details of any open derivative or option positions, 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: 
  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:    17 March 2011 
---------------------  ----------------- 
 Contact name:          Sultan Choudhury 
---------------------  ----------------- 
 Telephone number:      [phone] 
---------------------  ----------------- 
 

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 [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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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