Form 8 (OPD) Coolabi PLC (7165M)

TIDMCOO

RNS Number : 7165M

Coolabi PLC

19 August 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 offer making the          Coolabi plc 
      disclosure: 
     (b) Owner or controller of interests and short positions   N/A 
     disclosed, if different from 1(a): The naming of nominee 
     or vehicle companies is insufficient 
                                                               --------------- 
     (c) Name of offeror/offeree in relation to whose           Coolabi plc 
     relevant securities this form relates: Use a separate 
     form for each party to the offer 
                                                               --------------- 
     (d) Is the party to the offer making the disclosure        OFFEREE 
      the offeror or the offeree? 
                                                               --------------- 
     (e) Date position held:                                    19 August 2011 
                                                               --------------- 
     (f) Has the party previously disclosed, or is it today     No 
      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: 
                                                Interests     Short positions 
                                              ------------  ------------------ 
                                               Number    %      Number      % 
                                              --------      -------------  --- 
     (1) Relevant securities owned and/or 
      controlled:                                 0      0        0         0 
                                              --------      -------------  --- 
     (2) Derivatives (other than options):        0      0        0         0 
                                              --------      -------------  --- 
     (3) Options and agreements to 
      purchase/sell:                              0      0        0         0 
                                              --------      -------------  --- 
     TOTAL:                                       0      0        0         0 
                                              --------      -------------  --- 
 

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   N/A 
  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.

(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): 
 N/A 
 

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: 
                                   % of current 
                    No. of          issued share 
                    ordinary        capital of 
   Name             shares held     Coolabi plc 
 
   Williams de 
    Broe (on 
    behalf of 
    discretionary 
    clients)*       5,649,629       10.18% 
   William 
    Harris**        1,412,499       2.54% 
   Jeremy Banks     700,000         1.26% 
   Tim Ricketts**   458,333         0.83% 
   Nicholas 
    James***        250,000         0.45% 
   Linda James      128,392         0.23% 
   Stuart Lindsay   83,333          0.15% 
  * Williams de Broe is a company in the same group 
  as Evolution Securities Limited 
  ** The shareholdings for William Harris and Tim Ricketts 
  include 458,333 ordinary shares held in the name of 
  Avonglen Limited, a company in which they each hold 
  a 33.3% shareholding and are both directors. 
  *** Nicholas James holds his ordinary shares through 
  Onca, Inc. 
                                         Number of 
                                         ordinary 
                                         shares 
                Date of      Exercise    under 
   Name         grant        price       option 
 
   Jeremy       1 April 
    Banks        2010        8.25p       1,931,042 
   William      1 April 
    Harris*      2010        8.25p       367,891 
   Tim          1 April 
    Ricketts*    2010        8.25p       579,313 
  * The options for W Harris and T Ricketts are held 
  in the name of Avonglen Limited 
 

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:    19 August 2011 
 Contact name:          David Glennon 
                       --------------- 
 Telephone number:      020 7004 0980 
                       --------------- 
 

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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