Rule 8.3- Coda PLC

RNS Number:0740N
Elgin Capital LLP
01 February 2008

                                                                        FORM 8.3



    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

                        (Rule 8.3 of the Takeover Code)



1.         KEY INFORMATION


Name of person dealing  (Note 1)                     ELGIN CAPITAL LLP

Company dealt in                                     CODA PLC

Class of relevant security to which the dealings     25p Ordinary
being disclosed relate (Note 2)

Date of dealing                                      31st January 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                      1,753,000   2.28
(2) Derivatives (other than options)
(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 Number of securities    Price per unit
e.g. CFD          6)               (Note 7)                (Note 5)


CFD               LONG             750,000                 200.3
CFD               LONG             1,003,000               200.2

(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  price     American,  date      money paid/
call       purchasing,   to which              European             received
option     varying etc.  the option            etc.                 per unit
                         relates                                    (Note 5)
                         (Note 7)




(ii)        Exercising


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




(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.


..............................................................................

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




Date of disclosure                                 1st Feb 2008

Contact name                                       Nick Reed

Telephone number                                   [phone]

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
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