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BRG Braemar

2.25
0.00 (0.00%)
03 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Braemar LSE:BRG London Ordinary Share GB00B012XS39 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Form 8 (DD) - Braemar Group plc

22/06/2010 5:11pm

UK Regulatory



 

TIDMBRK TIDMBRG 
 
RNS Number : 0683O 
Brooks Macdonald Group PLC 
22 June 2010 
 

                                                                     FORM 8 (DD) 
 
  PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT 
    (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS) 
            Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code") 
 
1.         KEY INFORMATION 
 
+-----------------+-----------+ 
| (a)             | Brooks    | 
| Identity        | Macdonald | 
| of the          | Group plc | 
| party to        |           | 
| the             |           | 
| offer or        |           | 
| person          |           | 
| acting          |           | 
| in              |           | 
| concert         |           | 
| making          |           | 
| the             |           | 
| disclosure:     |           | 
+-----------------+-----------+ 
| (b)             | N/A       | 
| Owner           |           | 
| or              |           | 
| controller      |           | 
| of              |           | 
| interests       |           | 
| and short       |           | 
| positions       |           | 
| disclosed,      |           | 
| if              |           | 
| different       |           | 
| from 1(a):      |           | 
+-----------------+-----------+ 
| (c)             | Braemar   | 
| Name            | Group     | 
| of              | plc       | 
| offeror/offeree |           | 
| in relation to  |           | 
| whose relevant  |           | 
| securities this |           | 
| form relates:   |           | 
+-----------------+-----------+ 
| (d)             | Offeror   | 
| Status          |           | 
| of              |           | 
| person          |           | 
| making          |           | 
| the             |           | 
| disclosure:     |           | 
+-----------------+-----------+ 
| (e)             | 22        | 
| Date            | June      | 
| dealing         | 2010      | 
| undertaken:     |           | 
+-----------------+-----------+ 
| (f)             | No        | 
| Has             |           | 
| the             |           | 
| party           |           | 
| previously      |           | 
| disclosed,      |           | 
| or is it        |           | 
| today           |           | 
| disclosing,     |           | 
| under the       |           | 
| Code in         |           | 
| respect of      |           | 
| any other       |           | 
| party to        |           | 
| this offer?     |           | 
+-----------------+-----------+ 
 
2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE 
 
(a)        Interests and short positions in the relevant securities of the 
offeror or offeree to which the disclosure relates following the dealing 
 
+----------------+------------+--------+--------+--------+ 
| Class          |        Offeree Ordinary Shares        | 
| of             |                                       | 
| relevant       |                                       | 
| security:      |                                       | 
|                |                                       | 
+----------------+---------------------------------------+ 
|                |      Interests      |Short positions  | 
|                |                     |                 | 
+                +---------------------+-----------------+ 
|                |  Number    |   %    |Number  |   %    | 
+----------------+------------+--------+--------+--------+ 
| (1)            | 8,896,495  |  5.2   |  Nil   |  Nil   | 
| Relevant       |            |        |        |        | 
| securities     |            |        |        |        | 
| owned          |            |        |        |        | 
| and/or         |            |        |        |        | 
| controlled:    |            |        |        |        | 
+----------------+------------+--------+--------+--------+ 
| (2)            |    Nil     |  Nil   |  Nil   |  Nil   | 
| Derivatives    |            |        |        |        | 
| (other than    |            |        |        |        | 
| options):      |            |        |        |        | 
+----------------+------------+--------+--------+--------+ 
| (3)            |48,257,421  |  28.0  |  Nil   |  Nil   | 
| Options        |            |        |        |        | 
| and            |            |        |        |        | 
| agreements     |            |        |        |        | 
| to             |            |        |        |        | 
| purchase/sell: |            |        |        |        | 
+----------------+------------+--------+--------+--------+ 
|                |57,153,916  |  33.2  |  Nil   |  Nil   | 
|                |            |        |        |        | 
| TOTAL:         |            |        |        |        | 
+----------------+------------+--------+--------+--------+ 
 
Of the Ordinary Shares referred to in (1) above, 351,857 are owned by Brooks 
Macdonald Nominees Limited, a wholly owned subsidiary undertaking of Brooks 
Macdonald, on behalf of a Brooks Macdonald asset management client. The shares 
were purchased at the request of the client and voting on corporate actions in 
respect of these shares is at the discretion of the client. 
 
The Ordinary Shares which are referred to in (3) above are subject to the 
Management Share Purchase Agreement (details of which are provided in the 
Supplemental Form 8 published on 10 June 2010). 
 
(b)        Rights to subscribe for new securities (including directors' and 
other executive options) 
 
+--------------+--------+ 
| Class        |        | 
| of           |        | 
| relevant     |        | 
| security     |        | 
| in           |        | 
| relation     |        | 
| to which     |        | 
| subscription |        | 
| right        |        | 
| exists:      |        | 
+--------------+--------+ 
| Details,     |        | 
| including    |        | 
| nature of    |        | 
| the          |        | 
| rights       |        | 
| concerned    |        | 
| 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. 
 
3.         DEALINGS BY THE PERSON MAKING THE DISCLOSURE 
 
(a)        Purchases and sales 
 
+----------+---------------+------------+--------+ 
|  Class   |Purchase/sale  |  Number    | Price  | 
|    of    |               |    of      |  per   | 
|relevant  |               |securities  |  unit  | 
|security  |               |            |        | 
+----------+---------------+------------+--------+ 
| Offeree  | Purchase      | 8,544,638  | 2.25p  | 
| Ordinary |               |            |        | 
| Shares   |               |            |        | 
+----------+---------------+------------+--------+ 
 
(b)        Derivatives transactions (other than options) 
 
+----------+-------------+---------------------+------------+--------+ 
|  Class   |  Product    |       Nature        |  Number    | Price  | 
|    of    |description  |         of          |    of      |  per   | 
|relevant  |  e.g. CFD   |      dealing        | reference  |  unit  | 
|security  |             |        e.g.         |securities  |        | 
|          |             |  opening/closing    |            |        | 
|          |             |    a long/short     |            |        | 
|          |             |      position,      |            |        | 
|          |             |increasing/reducing  |            |        | 
|          |             |    a long/short     |            |        | 
|          |             |      position       |            |        | 
+----------+-------------+---------------------+------------+--------+ 
|          |             |                     |            |        | 
|          |             |                     |            |        | 
+----------+-------------+---------------------+------------+--------+ 
 
(c)        Options transactions in respect of existing securities 
 
(i)         Writing, selling, purchasing or varying 
 
+----------+-------------+-------------+------------+----------+-----------+--------+----------+ 
|  Class   |  Product    |  Writing,   |  Number    |Exercise  |   Type    |Expiry  |  Option  | 
|    of    |description  |purchasing,  |    of      |  price   |   e.g.    |  date  |  money   | 
|relevant  |  e.g. call  |  selling,   |securities  |per unit  |American,  |        |  paid/   | 
|security  |   option    |  varying    |  to which  |          | European  |        |received  | 
|          |             |    etc.     |  option    |          |   etc.    |        |per unit  | 
|          |             |             |  relates   |          |           |        |          | 
+----------+-------------+-------------+------------+----------+-----------+--------+----------+ 
|          |             |             |            |          |           |        |          | 
+----------+-------------+-------------+------------+----------+-----------+--------+----------+ 
 
(ii)        Exercising 
 
+----------+-------------+------------+----------+ 
|  Class   |  Product    |  Number    |Exercise  | 
|    of    |description  |    of      |  price   | 
|relevant  |  e.g. call  |securities  |per unit  | 
|security  |   option    |            |          | 
+----------+-------------+------------+----------+ 
|          |             |            |          | 
|          |             |            |          | 
+----------+-------------+------------+----------+ 
 
(d)        Other dealings (including subscribing for new securities) 
 
+----------+---------------+---------+-------------+ 
|  Class   |    Nature     |Details  |    Price    | 
|    of    |      of       |         |    per      | 
|relevant  |    dealing    |         |    unit     | 
|security  |     e.g.      |         |    (if      | 
|          |subscription,  |         |applicable)  | 
|          |  conversion   |         |             | 
+----------+---------------+---------+-------------+ 
|          |               |         |             | 
|          |               |         |             | 
+----------+---------------+---------+-------------+ 
 
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   | 
| or person      | 
| acting in      | 
| concert making | 
| the disclosure | 
| and any other  | 
| person:        | 
+----------------+ 
|                | 
| 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 or       | 
| person acting  | 
| in concert     | 
| 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:    | 
+----------------+ 
|                | 
| None           | 
|                | 
+----------------+ 
 
(c)        Attachments 
 
Are any Supplemental Forms attached? 
 
+--------------+--------+ 
| Supplemental |  NO    | 
| Form 8 (Open |        | 
| Positions)   |        | 
+--------------+--------+ 
| Supplemental |  NO    | 
| Form 8 (SBL) |        | 
+--------------+--------+ 
 
 
+-------------+-----------+ 
| Date        | 22        | 
| of          | June      | 
| disclosure: | 2010      | 
+-------------+-----------+ 
| Contact     | Bruce     | 
| name:       | Garrow,   | 
|             | Collins   | 
|             | Stewart   | 
|             | Europe    | 
|             | Ltd       | 
+-------------+-----------+ 
| Telephone   | +44       | 
| number:     | (0)20     | 
|             | 7523 8350 | 
+-------------+-----------+ 
 
Note that defined terms in this form have the same meaning as in the 
announcement of Brooks Macdonald's recommended cash offer for Braemar on 8 June 
2010 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DCCUUANRRRANUAR 
 

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