Form 8 (DD) - Indian EnergyLtd (8902M)

TIDMZZZZ TIDMIEL

RNS Number : 8902M

Smith & Williamson Investment Mngmt

23 August 2011

FORM 8 (DD)

PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)

Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")

1. KEY INFORMATION

 
     (a) Identity of the party to the    Smith & Williamson Investment 
     offer or person acting in concert   Management Limited 
     making the disclosure: 
--------------------------------------  -------------------------------------- 
     (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      Indian Energy Ltd 
     relation to whose relevant 
     securities this form relates: Use 
     a separate form for each 
     offeror/offeree 
--------------------------------------  -------------------------------------- 
     (d) Status of person making the     Person acting in concert with 
     disclosure: e.g. offeror,           Offeror. 
     offeree, person acting in concert 
     with the offeror/offeree (specify 
     name of offeror/offeree) 
--------------------------------------  -------------------------------------- 
     (e) Date dealing undertaken:        22(nd) August 2011 
--------------------------------------  -------------------------------------- 
     (f) Has the party previously        Yes 
     disclosed, or is it today 
     disclosing, under the Code in 
     respect of any other party to 
     this offer? 
--------------------------------------  -------------------------------------- 
 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing

 
 Class of relevant security:                  Ordinary shares of 1p each 
-------------------------------------  --------------------------------------- 
                                            Interests         Short positions 
-------------------------------------  -------------------  ------------------ 
                                         Number       %         Number      % 
-------------------------------------  ----------  -------  -------------  --- 
     (1) Relevant securities owned 
      and/or controlled:                 231,350     0.91 
-------------------------------------  ----------  -------  -------------  --- 
     (2) Derivatives (other than 
     options): 
-------------------------------------  ----------  -------  -------------  --- 
     (3) Options and agreements to 
     purchase/sell: 
-------------------------------------  ----------  -------  -------------  --- 
     TOTAL:                              231,350     0.91 
-------------------------------------  ----------  -------  -------------  --- 
 
 
 Class of relevant security:                Warrants over ordinary shares 
------------------------------------  ---------------------------------------- 
                                            Interests         Short positions 
------------------------------------  --------------------  ------------------ 
                                         Number       %         Number       % 
------------------------------------  -----------  -------  -------------- 
     (1) Relevant securities owned 
     and/or controlled: 
------------------------------------  -----------  -------  -------------- 
     (2) Derivatives (other than 
      options):                          3,125       0.06 
------------------------------------  -----------  -------  -------------- 
     (3) Options and agreements to 
     purchase/sell: 
------------------------------------  -----------  -------  -------------- 
     TOTAL:                              3,125       0.06 
------------------------------------  -----------  -------  -------------- 
 

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 (including directors' and other executive options)

 
 Class of relevant security in relation to which subscription 
  right exists: 
------------------------------------------------------------- 
 Details, including nature of the rights concerned 
  and relevant percentages: 
------------------------------------------------------------- 
 

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.

3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

 
   Class of relevant     Purchase/sale   Number of securities   Price per unit 
       security 
----------------------  --------------  ---------------------  --------------- 
 Ordinary                Purchase        1,576                  25.425p 
----------------------  --------------  ---------------------  --------------- 
 

(b) Derivatives transactions (other than options)

 
  Class of       Product       Nature of dealing     Number of     Price per 
  relevant     description           e.g.            reference        unit 
  security       e.g. CFD      opening/closing a    securities 
                                  long/short 
                                   position, 
                              increasing/reducing 
                                 a long/short 
                                   position 
------------  -------------  --------------------  ------------  ------------- 
 
 

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

 
 Class of     Product      Writing,     Number of    Exercise   Type e.g.   Expiry    Option 
 relevant   description   purchasing,   securities    price     American,    date     money 
 security    e.g. call     selling,      to which      per      European              paid/ 
              option        varying       option       unit       etc.               received 
                             etc.        relates                                       per 
                                                                                       unit 
---------  ------------  ------------  -----------  ---------  ----------  -------  --------- 
 
 

(ii) Exercising

 
 Class of relevant        Product            Number of        Exercise price 
     security        description e.g.       securities           per unit 
                        call option 
------------------  ------------------  ------------------  ------------------ 
 
 

(d) Other dealings (including subscribing for new securities)

 
   Class of relevant      Nature of dealing     Details    Price per unit (if 
       security           e.g. subscription,                  applicable) 
                              conversion 
----------------------  ---------------------  --------  --------------------- 
 
 

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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 or person acting in concert making 
  the disclosure and any other person: 
  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 
      or person acting in concert making the disclosure 
      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:    23(rd) August 2011 
---------------------  ------------------- 
 Contact name:          Tracey Potter 
---------------------  ------------------- 
 Telephone number:      020 7131 4922 
---------------------  ------------------- 
 

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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