Harvey Nash Group PLC Form 8 (OPD) - Harvey Nash Group Plc (0179Y)

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RNS Number : 0179Y

Harvey Nash Group PLC

16 August 2018

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) Full name of discloser:                                                                    HARVEY NASH GROUP 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. For a trust, the trustee(s), 
  settlor and beneficiaries must be named. 
                                                                                               ---------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        HARVEY NASH GROUP PLC 
  Use a separate form for each offeror/offeree 
                                                                                               ---------------------- 
 (d) Is the discloser the offeror or the offeree?                                               OFFEREE 
                                                                                               ---------------------- 
 (e) Date position held:                                                                        16 AUGUST 2018 
  The latest practicable date prior to the disclosure 
                                                                                               ---------------------- 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect   N/A 
  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 security: 
                                                                                       Interests     Short positions 
                                                                                     ------------  ------------------ 
                                                                                      Number    %      Number      % 
                                                                                     --------      -------------  --- 
 (1) Relevant securities owned and/or controlled:                                       N/A     -       N/A        - 
                                                                                     --------      -------------  --- 
 (2) Cash-settled derivatives:                                                          N/A     -       N/A        - 
                                                                                     --------      -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:     N/A     -       N/A        - 
                                                                                     --------      -------------  --- 
                                                                                        N/A     -       N/A        - 
   TOTAL: 
                                                                                     --------      -------------  --- 
 

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 security in relation to which subscription right exists:    N/A 
 Details, including nature of the rights concerned and relevant percentages:   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 (including directors' and 
  other employee options) of any person acting in concert with the party to the offer making 
  the disclosure: 
 
   (a) Ordinary Shares of 5p each held by directors of Harvey Nash Group plc 
    Director          Harvey Nash Ordinary   Percentage of Harvey 
                       Shares                 Nash issued share 
                                              capital 
    Albert Ellis      221,435                0.301% 
                     ---------------------  --------------------- 
    Simon Wassall     328,889                0.448% 
                     ---------------------  --------------------- 
    Mark Garratt      35,331                 0.048% 
                     ---------------------  --------------------- 
    Kevin Thomas      10,000                 0.014% 
                     ---------------------  --------------------- 
    Julie Baddeley    10,000                 0.014% 
                     ---------------------  --------------------- 
 
 
   (b) Harvey Nash Group plc Performance Share Plan Awards granted to directors of Harvey Nash 
   Group plc 
    Director         Maximum           Date of grant   Exercise     Vesting date 
                      number of                         price per 
                      ordinary                          share 
                      shares awarded 
    Albert Ellis     98,046            01/05/2015      5p           01/05/2018 
                    ----------------  --------------  -----------  ------------- 
    Albert Ellis     547,404           29/04/2016      5p           29/04/2019 
                    ----------------  --------------  -----------  ------------- 
    Albert Ellis     441,656           29/09/2017      5p           29/09/2020 
                    ----------------  --------------  -----------  ------------- 
    Albert Ellis     298,393           08/08/2018      5p           08/08/2021 
                    ----------------  --------------  -----------  ------------- 
    Simon Wassall    65,784            01/05/2015      5p           01/05/2018 
                    ----------------  --------------  -----------  ------------- 
    Simon Wassall    367,542           29/04/2016      5p           29/04/2019 
                    ----------------  --------------  -----------  ------------- 
    Simon Wassall    296,540           29/09/2017      5p           29/09/2020 
                    ----------------  --------------  -----------  ------------- 
    Simon Wassall    200,349           08/08/2018      5p           08/08/2021 
                    ----------------  --------------  -----------  ------------- 
    Mark Garratt     189,291           29/09/2017      5p           29/09/2020 
                    ----------------  --------------  -----------  ------------- 
    Mark Garratt     191,938           08/08/2018      5p           08/08/2021 
                    ----------------  --------------  -----------  ------------- 
 
 
   (c) Ordinary Shares of 5p each held by close relatives of directors of Harvey Nash Group plc 
    Director               Harvey Nash Ordinary   Percentage of Harvey 
                            Shares                 Nash issued share 
                                                   capital 
    Lynn Patricia Ellis    659,923                0.898% 
                          ---------------------  --------------------- 
 

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:    16 August 2018 
 Contact name:          Mark Garratt, Chief Financial Officer 
                       -------------------------------------- 
 Telephone number:      020 7333 0033 
                       -------------------------------------- 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 16, 2018 04:39 ET (08:39 GMT)