i-design Group Plc Form 8 (OPD) i-design Group plc (7984X)

TIDMIDG

RNS Number : 7984X

i-design Group Plc

13 February 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:                                  i-design group plc 
---------------------------------------------------------------------------------------------  ------------------- 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a): 
  The naming of nominee or vehicle companies is insufficient 
---------------------------------------------------------------------------------------------  ------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        i-design group 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:                                                                        13 February 2013 
---------------------------------------------------------------------------------------------  ------------------- 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in respect   NO 
  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:                              10p Ordinary Shares 
-------------------------------------------------  --------------------------------- 
                                                     Interests      Short positions 
-------------------------------------------------  -------------  ------------------ 
                                                    Number    %      Number      % 
-------------------------------------------------  -------  ----  -----------  ----- 
 (1) Relevant securities owned and/or controlled:    Nil     N/A      Nil       N/A 
-------------------------------------------------  -------  ----  -----------  ----- 
 (2) Derivatives (other than options):               Nil     N/A      Nil       N/A 
-------------------------------------------------  -------  ----  -----------  ----- 
 (3) Options and agreements to purchase/sell:        Nil     N/A      Nil       N/A 
-------------------------------------------------  -------  ----  -----------  ----- 
                                                     Nil     N/A      Nil       N/A 
   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:    Nil 
----------------------------------------------------------------------------  ---- 
 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): 
----------------------------------------------------------------------------------------------- 
 
   Nil 
----------------------------------------------------------------------------------------------- 
 
   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: 
------------------------------------------------------------------------------------------ 
 
 
Name                            Class of security    Interest     % 
-----------------------------  --------------------  ---------  ------ 
Board 
-----------------------------  --------------------  ---------  ------ 
James Faulds                   10p Ordinary Shares    631,840   4.48% 
-----------------------------  --------------------  ---------  ------ 
Mark Hogarth                   10p Ordinary Shares    28,666    0.20% 
-----------------------------  --------------------  ---------  ------ 
Ana Stewart                    10p Ordinary Shares   2,272,844  16.11% 
-----------------------------  --------------------  ---------  ------ 
Ian Sunter                     10p Ordinary Shares    63,591    0.45% 
-----------------------------  --------------------  ---------  ------ 
 
Concert party 
-----------------------------  --------------------  ---------  ------ 
Ralph Hasselgren               10p Ordinary Shares   1,550,000  10.99% 
-----------------------------  --------------------  ---------  ------ 
Fontmerle Limited (a company 
 of which James Faulds is a 
 director)                     10p Ordinary Shares    471,000   3.34% 
-----------------------------  --------------------  ---------  ------ 
 

Interests in outstanding share options under the i-design group plc share option schemes:

 
    Name      Class of relevant      Number of      Exercise     Expiry date 
                   security          securities     price per 
                                      to which        unit 
                                   option relates 
------------  ------------------  ---------------  ----------  ---------------- 
                 10p Ordinary 
Ana Stewart         Shares            396,000        67.0p       16 July 2017 
------------  ------------------  ---------------  ----------  ---------------- 
                 10p Ordinary 
 Ian Sunter         Shares            110,500        67.0p       16 July 2017 
------------  ------------------  ---------------  ----------  ---------------- 
                 10p Ordinary 
 Ian Sunter         Shares            50,000         23.5p     30 November 2019 
------------  ------------------  ---------------  ----------  ---------------- 
                 10p Ordinary 
 Ian Sunter         Shares            40,000         27.0p       23 June 2021 
------------  ------------------  ---------------  ----------  ---------------- 
 

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:    13 February 2013 
---------------------  -------------------------------------------------- 
 Contact name:          Ian Sunter, Company Secretary, i-design group plc 
---------------------  -------------------------------------------------- 
 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 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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