Rule 8.3- Pinnacle Staffing Group Plc

 

TIDMPCL 
 
RNS Number : 7496J 
Ashcourt Nominees Limited 
06 April 2010 
 

 
                                                                        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   | Ashcourt Nominees Ltd on behalf of   | 
| (Note 1)                 | Mr Tim Watts.                        | 
|                          | Aspley House Pension Scheme (MrTim   | 
|                          | Watts is a Trustee of Aspley House   | 
|                          | Pension Scheme; the other Trustees   | 
|                          | are Callum Graham and David Hall)    | 
|                          | Pertemps Investments (Mr Tim Watts   | 
|                          | is a controller of Pertemps          | 
|                          | Investments)                         | 
+--------------------------+--------------------------------------+ 
| Company dealt in         | Pinnacle Staffing Group PLC          | 
|                          |                                      | 
+--------------------------+--------------------------------------+ 
| Class of relevant        | Ordinary Shares                      | 
| security to which the    |                                      | 
| dealings being disclosed |                                      | 
| relate (Note 2)          |                                      | 
|                          |                                      | 
+--------------------------+--------------------------------------+ 
| Date of dealing          | 1st April  2010                      | 
|                          |                                      | 
+--------------------------+--------------------------------------+ 
 
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                  | 11,254,000 | 12.15 |        |     | 
|                                          |            |       |        |     | 
+------------------------------------------+------------+-------+--------+-----+ 
| (2) Derivatives (other than options)     |            |       |        |     | 
|                                          |            |       |        |     | 
+------------------------------------------+------------+-------+--------+-----+ 
| (3) Options and agreements to            |            |       |        |     | 
| purchase/sell                            |            |       |        |     | 
|                                          |            |       |        |     | 
+------------------------------------------+------------+-------+--------+-----+ 
| Total                                    | 11,254,000 | 12.15 |        |     | 
+------------------------------------------+------------+-------+--------+-----+ 
 
+-----+----------------------------------------------------------------------------+ 
| (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)  | 
+-------------------------+------------------------+--------------------------+ 
| Purchase                | 800,000                | GBP0.05                  | 
|                         |                        |                          | 
+-------------------------+------------------------+--------------------------+ 
 
(b)        Derivatives transactions (other than options) 
 
+--------------+----------------+-----------------------+---------------------+ 
| Product      | Long/short     | Number of securities  | Price per unit      | 
| name,        | (Note 6)       | (Note 7)              | (Note 5)            | 
| e.g. CFD     |                |                       |                     | 
+--------------+----------------+-----------------------+---------------------+ 
|              |                |                       |                     | 
|              |                |                       |                     | 
+--------------+----------------+-----------------------+---------------------+ 
 
(c)        Options transactions in respect of existing securities 
(i)         Writing, selling, purchasing or varying 
 
+-------------+-------------+-------------+----------+-----------+--------+---------------+ 
| Product     | Writing,    | Number of   | Exercise | Type,     | Expiry | Option        | 
| name, e.g.  | selling,    | securities  | price    | e.g.      | date   | money         | 
| call option | purchasing, | to          |          | American, |        | paid/received | 
|             | varying     | which the   |          | European  |        | per unit      | 
|             | etc.        | option      |          | etc.      |        | (Note         | 
|             |             | relates     |          |           |        | 5)            | 
|             |             | (Note 7)    |          |           |        |               | 
+-------------+-------------+-------------+----------+-----------+--------+---------------+ 
|             |             |             |          |           |        |               | 
|             |             |             |          |           |        |               | 
+-------------+-------------+-------------+----------+-----------+--------+---------------+ 
 
 
(ii)        Exercising 
 
+-------------------------+------------------------+--------------------------+ 
| Product name, e.g. call | Number of securities   | Exercise price per unit  | 
| option                  |                        | (Note 5)                 | 
+-------------------------+------------------------+--------------------------+ 
|                         |                        |                          | 
|                         |                        |                          | 
+-------------------------+------------------------+--------------------------+ 
 
(d)        Other dealings (including new securities) (Note 4) 
 
+-------------------------+------------------------+--------------------------+ 
| Nature of transaction   | Details                | Price per unit (if       | 
| (Note 8)                |                        | 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?  | NO                        | 
| (Note 9)                            |                           | 
+-------------------------------------+---------------------------+ 
 
 
+--------------------------------------------+---------------------------------+ 
| Date of disclosure                         | 6th April 2010                  | 
|                                            |                                 | 
+--------------------------------------------+---------------------------------+ 
| Contact name                               | Michael Johnstone               | 
|                                            |                                 | 
+--------------------------------------------+---------------------------------+ 
| Telephone number                           | 01273 857474                    | 
|                                            |                                 | 
+--------------------------------------------+---------------------------------+ 
| 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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