Northland Capital Partners Form 8 (OPD) Evolve Capital Plc (2891W)

TIDMEVOL

RNS Number : 2891W

Northland Capital Partners

24 January 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           Kimono Investment Holdings Limited and Susan Vandyk 
 disclosure: 
----------------------------------------------------------  ---------------------------------------------------------- 
 (b) Owner or controller of interests and short positions    In respect of Kimono Investment Holdings Limited: 
 disclosed, if different from 1(a):                          Trustee: Peter Zilhmann 
 The naming of nominee or vehicle companies is               Settlor: Joanna Yu 
 insufficient                                                Beneficiaries: Jamie Vaughan, Jeremy Vaughan and Tara 
                                                             Vaughan. 
----------------------------------------------------------  ---------------------------------------------------------- 
 (c) Name of offeror/offeree in relation to whose relevant   Evolve Capital Plc 
 securities this form relates: 
 Use a separate form for each party to the offer 
----------------------------------------------------------  ---------------------------------------------------------- 
 (d) Is the party to the offer making the disclosure the     OFFEROR 
 offeror or the offeree? 
----------------------------------------------------------  ---------------------------------------------------------- 
 (e) Date position held:                                     24 January 2013 
----------------------------------------------------------  ---------------------------------------------------------- 
 (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:                                Ordinary Shares of 0.1p each 
--------------------------------------------------  ------------------------------------------- 
                                                           Interests           Short positions 
--------------------------------------------------  -----------------------  ------------------ 
                                                        Number         %        Number      % 
--------------------------------------------------  -------------  --------  -----------  ----- 
 (1) Relevant securities owned and/or controlled:     75,736,784     24.84       Nil        - 
--------------------------------------------------  -------------  --------  -----------  ----- 
 (2) Derivatives (other than options):                   Nil           -         Nil        - 
--------------------------------------------------  -------------  --------  -----------  ----- 
 (3) Options and agreements to purchase/sell:            Nil           -         Nil        - 
--------------------------------------------------  -------------  --------  -----------  ----- 
 
   TOTAL:                                              75,736,784     24.84       Nil        - 
--------------------------------------------------  -------------  --------  -----------  ----- 
 

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             Ordinary shares of 0.1 pence each 
 subscription right exists: 
----------------------------------------------------------  ---------------------------------------------------------- 
 Details, including nature of the rights concerned and       76,741,720 warrants to subscribe for new ordinary shares 
 relevant percentages:                                       at a price of 0.5 pence per share. 
                                                             The ordinary shares arising on the warrants would 
                                                             represent 25.08 per cent. of the existing 
                                                             share capital of the Offeree and 20.05 per cent. of the 
                                                             enlarged share capital of the Offeree 
                                                             following exercise of the warrants. 
----------------------------------------------------------  ---------------------------------------------------------- 
 

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): 
----------------------------------------------------------------------------------------------- 
 
   none 
----------------------------------------------------------------------------------------------- 
 
   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: 
------------------------------------------------------------------------------------------ 
 Mr Oliver Vaughan - 33,045,609 Ordinary Shares (10.84%) 
  Mr Thomas Vaughan - 14,349,498 Ordinary Shares (4.71%) 
  Mr David Snow - 10,699,998 Ordinary Shares (3.51%) 
  Mr William Vandyk - 612,342 Ordinary Shares (0.20%) 
  Miss Anoushka Vandyk - 426,527 Ordinary Shares (0.14%) 
  Mr Thomas Vandyk - 199,304 Ordinary Shares (0.07%) 
------------------------------------------------------------------------------------------ 
 

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:    24 January 2013 
---------------------  ---------------- 
 Contact name:          William Vandyk 
---------------------  ---------------- 
 Telephone number:      020 7796 8800 
---------------------  ---------------- 
 

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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