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UTW Utilitywise

1.903
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Utilitywise LSE:UTW London Ordinary Share GB00B6WVD707 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.903 1.806 2.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Utilitywise plc Form 8 (OPD) Utilitywise plc (4972P)

08/02/2019 9:47am

UK Regulatory


Utilitywise (LSE:UTW)
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RNS Number : 4972P

Utilitywise plc

08 February 2019

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) Full name of discloser:                                                                    Utilitywise plc 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):    N/A 
  The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), 
  settlor and beneficiaries must be named. 
                                                                                               ---------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        Utilitywise plc 
  Use a separate form for each offeror/offeree 
                                                                                               ---------------- 
 (d) Is the discloser the offeror or the offeree?                                               OFFEREE 
                                                                                               ---------------- 
 (e) Date position held:                                                                        8 February 2019 
  The latest practicable date prior to the disclosure 
                                                                                               ---------------- 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect   N/A 
  of any other party to the offer? 
  If it is a cash offer or possible cash offer, state "N/A" 
                                                                                               ---------------- 
 
   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:                                                             Ordinary shares of 0.1p 
                                                                                      Interests       Short positions 
                                                                                  ----------------  ------------------ 
                                                                                     Number     %       Number      % 
                                                                                  -----------  ---  -------------  --- 
 (1) Relevant securities owned and/or controlled:                                     Nil                Nil 
                                                                                  -----------  ---  -------------  --- 
 (2) Cash-settled derivatives:                                                        Nil                Nil 
                                                                                  -----------  ---  -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to                  Nil                Nil 
 purchase/sell: 
                                                                                  -----------  ---  -------------  --- 
                                                                                      Nil                Nil 
   TOTAL: 
                                                                                  -----------  ---  -------------  --- 
 

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:    None 
 Details, including nature of the rights concerned and relevant percentages:   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 (including directors' and 
  other employee options) of any person acting in concert with the party to the offer making 
  the disclosure: 
 
        a) Interests in Utilitywise plc's ordinary shares of 0.1p held by the directors of Utilitywise 
        plc and their close relatives and related trusts:Class of relevant       Ordinary shares of 0.1p each 
         securities: 
        Name                    Number of Utilitywise  Percentage of issued 
                                           plc shares         share capital 
        Brendan Flattery                       60,000                 0.07% 
        Richard Laker                               0                     0 
        Brin Sheridan                               0                     0 
        Simon Waugh                                 0                     0 
        Kathie Child-Villiers                       0                     0 
        Debra Davies                                0                     0 
 
        b) Options over Utilitywise plc shares held by the directors of Utilitywise plc and their 
        close relatives and related trusts:Class of relevant  Ordinary shares of 1 pence each 
         securities: 
        Name               Scheme       Award date  Number of      Exercise      Exercise 
                                                     Utilitywise    period        price 
                                                     plc shares 
                                                     under option 
        Brendan Flattery   CEO Joining  21/10/2016  1,295,349      21/10/18      10.1 pence 
                            Award                                   to 20/10/26 
        Brendan Flattery   Sharesave    05/05/2017  1,470,588      01/07/20      134 pence 
                                                                    to 31/12/20 
        Brendan Flattery   LTIP         31/07/2018  1,000,000      50% from      28.9 pence 
                                                                    01/08/21, 
                                                                    50% from 
                                                                    01/08/22 
        Brin Sheridan      LTIP         18/02/2016  250,000        18/02/19      0.1 pence 
                                                                    to 17/02/21 
        Brin Sheridan      LTIP         31/07/2018  882,352        50% from      28.9 pence 
                                                                    01/08/21, 
                                                                    50% from 
                                                                    01/08/22 
        Richard Laker      LTIP         31/07/2018  822,352        50% from      28.9 pence 
                                                                    01/08/21, 
                                                                    50% from 
                                                                    01/08/22 
 

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 
 
   (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:    8 February 2019 
 Contact name:          Richard Laker 
                       --------------------- 
 Telephone number:      +44 (0) 191 425 4610 
                       --------------------- 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 08, 2019 04:47 ET (09:47 GMT)

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