Lombard Risk Management PLC Form 8.3 Lombard Risk Management plc (8693B)

TIDMLRM

RNS Number : 8693B

Lombard Risk Management PLC

15 January 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:                                                               Lombard Risk Management 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. 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:   Lombard Risk Management Plc 
  Use a separate form for each offeror/offeree 
----------------------------------------------------------------------------------------  ---------------------------- 
 (d) Is the discloser the offeror or the offeree?                                          OFFEROR / OFFEREE 
----------------------------------------------------------------------------------------  ---------------------------- 
 (e) Date position held:                                                                   15 JANUARY 2018 
  The latest practicable date prior to the disclosure 
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 (f) In addition to the company in 1(c) above, is the discloser making disclosures in      YES / NO / N/A 
 respect                                                                                    If YES, specify which: 
 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:                                                               0.5p Ordinary Shares 
----------------------------------------------------------------------------------  ---------------------------------- 
                                                                                       Interests      Short positions 
----------------------------------------------------------------------------------  --------------  ------------------ 
                                                                                     Number    %        Number      % 
----------------------------------------------------------------------------------  -------  -----  -------------  --- 
 (1) Relevant securities owned and/or controlled:                                     234     0.00 
----------------------------------------------------------------------------------  -------  -----  -------------  --- 
 (2) Cash-settled derivatives: 
----------------------------------------------------------------------------------  -------  -----  -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to 
 purchase/sell: 
----------------------------------------------------------------------------------  -------  -----  -------------  --- 
 
   TOTAL:                                                                             234     0.00 
----------------------------------------------------------------------------------  -------  -----  -------------  --- 
 

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: 
---------------------------------------------------------------------------- 
 Details, including nature of the rights concerned and relevant percentages: 
---------------------------------------------------------------------------- 
 
   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: 
---------------------------------------------------------------------------------------------------- 
 Philip Crawford (Director): 6,122,736 Ordinary Shares of 0.5p representing 1.53% 
  John McCormick (Director): 5,076,756 Ordinary Shares of 0.5p representing 1.27% 
  Alastair Brown (Director): 1,683,400 Ordinary Shares of 0.5p representing 0.42% 
  Nigel Gurney (Director): 622,829 Ordinary Shares of 0.5p representing 0.16% 
  Stephen Rogers (Director): 459,272 Ordinary Shares of 0.5p representing 0.11% 
  Alexander Broderick (Director): 171,432 Ordinary Shares of 0.5p representing 0.04% 
  WG Partners LLP (financial adviser and joint broker): 677,120 Ordinary Shares of 0.5p representing 
  0.17% 
---------------------------------------------------------------------------------------------------- 
 

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" 
------------------------------------------------------------------------------------------------ 
 
 
   (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" 
---------------------------------------------------------------------------------------------- 
 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   YES/NO 
-------------------------------------  ------- 
 Supplemental Form 8 (SBL)              YES/NO 
-------------------------------------  ------- 
 
 
 Date of disclosure:    15 January 2018 
---------------------  ----------------- 
 Contact name:          Nigel Gurney 
---------------------  ----------------- 
 Telephone number:      [phone] 
---------------------  ----------------- 
 

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 company news service from the London Stock Exchange

END

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January 15, 2018 05:27 ET (10:27 GMT)