IBEX Global Solutions plc IBEX Global Solutions PLC - Form 8 (OPD) (8958N)

TIDMIBEX

RNS Number : 8958N

IBEX Global Solutions plc

31 October 2016

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:                                                                 IBEX Global Solutions PLC 
------------------------------------------------------------------------------------------  -------------------------- 
 (b) Owner or controller of interests and short positions disclosed, if different from       N/A 
 1(a): 
------------------------------------------------------------------------------------------  -------------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     IBEX Global Solutions PLC 
------------------------------------------------------------------------------------------  -------------------------- 
 (d) Is the discloser the offeror or the offeree?                                            OFFEREE 
------------------------------------------------------------------------------------------  -------------------------- 
 (e) Date position held:                                                                     31 October 2016 
------------------------------------------------------------------------------------------  -------------------------- 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in        N/A 
 respect 
 of any other party to the 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) Cash-settled derivatives:                                                          Nil             Nil 
-----------------------------------------------------------------------------------  --------      -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:     Nil             Nil 
-----------------------------------------------------------------------------------  --------      -------------  --- 
                                                                                        Nil             Nil 
   TOTAL: 
-----------------------------------------------------------------------------------  --------      -------------  --- 
 
   (b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:    None 
----------------------------------------------------------------------------  ----- 
 Details, including nature of the rights concerned and relevant percentages:   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 (including directors' and 
  other employee options) of any person acting in concert with the party to the offer making 
  the disclosure: 
---------------------------------------------------------------------------------------------- 
 
   The table below sets out the total share options held by Directors of IBEX Global Solutions 
   PLC. The prevailing GBPUSD rate is used by the Company to calculate the exercise price in 
   GBP. 
 
    Name                  Description    Number of        Exercise   Grant date 
                           of award       IBEX relevant    price 
                                          securities 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      01 Dec 
    Gerard Kleisterlee     options       50,000           $1.55       2013 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      22 Dec 
    Gerard Kleisterlee     options       50,000           $1.64       2015 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      01 Dec 
    Joel Wyler             options       50,000           $1.55       2013 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      22 Dec 
    Joel Wyler             options       50,000           $1.64       2015 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      06 Jun 
    Karl Gabel             options       442,307          $1.55       2013 
   --------------------  -------------  ---------------  ---------  ----------- 
                          Share                                      23 Jun 
    Robert Dechant         options       700,000          $1.88       2015 
   --------------------  -------------  ---------------  ---------  ----------- 
---------------------------------------------------------------------------------------------- 
 
   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: 
------------------------------------------------------------------------------------------------ 
 
   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: 
---------------------------------------------------------------------------------------------- 
 
   None 
---------------------------------------------------------------------------------------------- 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
-------------------------------------  --- 
 Supplemental Form 8 (SBL)              NO 
-------------------------------------  --- 
 
 
 Date of disclosure:    31 October 2016 
---------------------  ---------------- 
 Contact name:          Robert Johnson 
---------------------  ---------------- 
 Telephone number:      0203 100 2094 
---------------------  ---------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2016 11:05 ET (15:05 GMT)