Quixant PLC Form 8 (OPD) Quixant plc (7942A)

TIDMQXT TIDMDSN

RNS Number : 7942A

Quixant PLC

30 September 2015

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:      Quixant plc 
-------------------------------  ----------------------- 
 (b) Owner or controller          N/A 
  of interests and short 
  positions disclosed, if 
  different from 1(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      Densitron Technologies 
  in relation to whose relevant    plc 
  securities this form relates: 
  Use a separate form for 
  each offeror/offeree 
-------------------------------  ----------------------- 
 (d) Is the discloser the         OFFEROR 
  offeror or the offeree? 
-------------------------------  ----------------------- 
 (e) Date position held:          29(th) September 
  The latest practicable           2015 
  date prior to the disclosure 
-------------------------------  ----------------------- 
 (f) In addition to the           N/A 
  company in 1(c) above, 
  is the discloser making 
  disclosures in respect 
  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                  ORDINARY 1P VOTING SHARES 
  security:                         IN DENSITRON TECHNOLOGIES 
                                               PLC 
---------------------------  -------------------------------------- 
                                  Interests        Short positions 
---------------------------  ------------------  ------------------ 
                                 Number      %       Number       % 
---------------------------  -------------  ---  -------------- 
 (1) Relevant securities 
  owned and/or controlled:        Nil        0         Nil        0 
---------------------------  -------------  ---  -------------- 
 (2) Cash-settled 
  derivatives:                    Nil        0         Nil        0 
---------------------------  -------------  ---  -------------- 
 (3) Stock-settled 
  derivatives (including 
  options) and agreements 
  to purchase/sell:               Nil        0         Nil        0 
---------------------------  -------------  ---  -------------- 
 
   TOTAL:                         Nil        0         Nil        0 
---------------------------  -------------  ---  -------------- 
 

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         N/A 
  security in relation 
  to which subscription 
  right exists: 
------------------------  ---- 
 Details, including        N/A 
  nature of the rights 
  concerned and relevant 
  percentages: 
------------------------  ---- 
 
   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: 
---------------------------------------------------------- 
 
   The Company's directors have the following 
   interests in the ordinary shares of 1 pence 
   each in the capital of Densitron Technologies 
   plc: 
                               Number of   % of ordinary 
                         ordinary shares       shares in 
    Director                                       issue 
   ------------------  -----------------  -------------- 
    Gary Mullins                794,378*           1.15% 
   ------------------  -----------------  -------------- 
    Nicholas Jarmany             6,458**           0.01% 
   ------------------  -----------------  -------------- 
    Total                        800,836           1.16% 
   ------------------  -----------------  -------------- 
 
 
   * including relevant securities held in 
   the name of Susan Mullins, John Mullins 
   and Mark Mullins 
 
   ** Including relevant securities held in 
   the name of Daniel Jarmany as executor 
   of Patricia Jarmany 
   The Company's directors have the following 
   interests in the ordinary shares of 0.1 
   pence each in the capital of Quixant plc: 
                                 Number of   % of ordinary 
                           ordinary shares       shares in 
    Director                                         issue 
   --------------------  -----------------  -------------- 
    Nicholas Jarmany            16,752,923          25.92% 
   --------------------  -----------------  -------------- 
    JJ Lin                       4,589,842           7.10% 
   --------------------  -----------------  -------------- 
    Gary Mullins                 4,058,641           6.28% 
   --------------------  -----------------  -------------- 
    Michael Peagram                152,174           0.24% 
   --------------------  -----------------  -------------- 
    Guy van Zwanenberg              26,087           0.04% 
   --------------------  -----------------  -------------- 
    Total                       25,579,667          39.58% 
   --------------------  -----------------  -------------- 
 
 
   In addition to the above holdings, Cresten 
   Preddy, Finance Director, has options over 
   79,000 ordinary shares in Quixant. 
---------------------------------------------------------- 
 

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:    30 SEPTEMBER 2015 
---------------------  ------------------- 
 Contact name:          CRESTEN PREDDY 
---------------------  ------------------- 
 Telephone number:      [phone] 
---------------------  ------------------- 
 

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 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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September 30, 2015 10:33 ET (14:33 GMT)