CPPGroup Plc Form 8 (OPD) CPPGroup Plc (1687C)

TIDMCPP

RNS Number : 1687C

CPPGroup Plc

11 April 2013

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 disclosure:                                 CPPGroup 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 
                                                                                              ------------------------ 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:       CPPGroup Plc 
  Use a separate form for each party to the offer 
                                                                                              ------------------------ 
 (d) Is the party to the offer making the disclosure the offeror or the offeree?               OFFEREE 
                                                                                              ------------------------ 
 (e) Date position held:                                                                       11 April 2013 
                                                                                              ------------------------ 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in          NO 
 respect                                                                                        If YES, specify which: 
 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:     NIL             NIL 
                                                   --------      -------------  --- 
 (2) Derivatives (other than options):                NIL             NIL 
                                                   --------      -------------  --- 
 (3) Options and agreements to purchase/sell:         NIL             NIL 
                                                   --------      -------------  --- 
                                                      NIL             NIL 
   TOTAL: 
                                                   --------      -------------  --- 
 

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 right exists:    N/A 
 Details, including nature of the rights concerned and relevant percentages:   N/A 
                                                                              ---- 
 

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: 
 
   See below. 
 

3.1 Director shareholdings in CPPGroup Plc Ordinary Shares

 
 Director           Beneficial   Percentage of issued 
                       Holding          share capital 
 Shaun Parker            9,600         0.005597 
 Charles Gregson       157,873         0.092048 
 Duncan McIntyre        13,340         0.007778 
 Hamish Ogston      98,021,288        57.151567 
 Les Owen               22,984         0.013401 
                   -----------  --------------------- 
 

3.2 Directors options in CPPGroup Plc Ordinary Shares:

Long Term Incentive Plans

 
 Director          Date of     Number of    Option         Exercise Period 
                    Grant       Options     Exercise 
                                             Price 
                                                            22/03/2013 - 22/03 
 Shaun Parker     22/03/2010     110,638        0.00                      2020 
                  04/03/2011      80,340        0.00   04/03/2014 - 04/03/2021 
                  16/05/2012     381,758        0.00   16/05/2015 - 15/05/2022 
 Paul Stobart     28/11/2011     566,794        0.00   01/01/2015 - 28/11/2021 
                  16/05/2012     801,862        0.00   16/05/2015 - 15/05/2022 
 ---------------------------  ----------  ----------  ------------------------ 
 

Deferred Share Bonus Plan

 
   Director        Date of     Number of    Option         Exercise period 
                    Grant       Options     Exercise 
                                             Price 
 Shaun Parker    04/03/2011      9,967       0.00      04/03/2014 - 04/03/2021 
                ------------  ----------  ----------  ------------------------ 
 

SAYE Share Option Plan

 
   Director      Date of     Number of    Option        Exercise Period 
                   Grant      Options     Exercise 
                                           Price 
 Shaun Parker   28/09/2010       4,545   198 pence   28/10/2013 - 28/04/14 
               -----------  ----------  ----------  ---------------------- 
 

Legacy Plans

 
 Director        Date of     Number of   Option Exercise    Expiry 
                   Grant      Options         Price          Date 
 Shaun Parker   19/06/2008     352,000    179.3385 pence   19/06/18 
                21/12/2009     415,648    228.3481 pence   20/12/19 
               -----------  ----------  ----------------  --------- 
 

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:    11 April 2013 
 Contact name:          John Titchener 
                       --------------- 
 Telephone number:      01904 544 757 
                       --------------- 
 

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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