Mallett PLC Form 8 (OPD) (Mallett PLC) (8408S)

TIDMMAE TIDMSGI

RNS Number : 8408S

Mallett PLC

29 September 2014

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:                                  MALLETT PLC 
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 (b) Owner or controller of interests and short positions disclosed, if different from 1(a): 
  The naming of nominee or vehicle companies is insufficient 
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 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        MALLETT PLC 
  Use a separate form for each party to the offer 
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 (d) Is the party to the offer making the disclosure the offeror or the offeree?                OFFEREE 
---------------------------------------------------------------------------------------------  ------------------ 
 (e) Date position held:                                                                        29 September 2014 
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 (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: 
--------------------------------------------------  --------------------------------- 
                                                      Interests      Short positions 
--------------------------------------------------  -------------  ------------------ 
                                                      Number    %      Number      % 
--------------------------------------------------  ---------      -------------  --- 
 (1) Relevant securities owned and/or controlled:      NIL      0       NIL        0 
--------------------------------------------------  ---------      -------------  --- 
 (2) Derivatives (other than options):                 NIL      0       NIL        0 
--------------------------------------------------  ---------      -------------  --- 
 (3) Options and agreements to purchase/sell:          NIL      0       NIL        0 
--------------------------------------------------  ---------      -------------  --- 
 
   TOTAL:                                              NIL      0       NIL        0 
--------------------------------------------------  ---------      -------------  --- 
 
   (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 
----------------------------------------------------------------------------  ----- 
 
   (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): 
----------------------------------------------------------------------------------------------- 
 
   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 of any person acting in 
  concert with the party to the offer making the disclosure: 
------------------------------------------------------------------------------------------ 
 
   (a)        Shares held by directors in Mallett PLC 
 
 Director                  Number of        Number of          Total interests   Percentage 
                            Mallett PLC      Mallett PLC                          of existing 
                            ordinary         ordinary                             issued share 
                            shares of        shares of                            capital 
                            5 pence each     5 pence each 
                            held directly    held through 
                                             share incentive 
                                             plan 
------------------------  ---------------  -----------------  ----------------  -------------- 
 Giles Hutchinson 
  Smith                    0                62,369             62,369            0.45% 
------------------------  ---------------  -----------------  ----------------  -------------- 
 Michael Smyth-Osbourne    4,200            41,882             46,082            0.33% 
------------------------  ---------------  -----------------  ----------------  -------------- 
 Henry Neville             10,000           33,051             43,051            0.31% 
------------------------  ---------------  -----------------  ----------------  -------------- 
 James Heneage             10,000           0                  10,000            0.07% 
------------------------  ---------------  -----------------  ----------------  -------------- 
 
   (b)        Rights to acquire shares held by directors in Mallett PLC 
 
 Director                  Number of          Number of          Number of          Total interests 
                            rights to          rights to          rights to 
                            acquire Mallett    acquire Mallett    acquire Mallett 
                            PLC ordinary       PLC ordinary       PLC ordinary 
                            shares under       shares under       shares under 
                            under share        share incentive    long term 
                            bonus scheme       plan               investment 
                                                                  plan 
------------------------  -----------------  -----------------  -----------------  ---------------- 
 Giles Hutchinson 
  Smith                    57,559             42,383             31,496             131,438 
------------------------  -----------------  -----------------  -----------------  ---------------- 
 Michael Smyth-Osbourne    54,271             38,238             29,241             121,750 
------------------------  -----------------  -----------------  -----------------  ---------------- 
 Henry Neville             51,026             19,101             24,692             94,819 
------------------------  -----------------  -----------------  -----------------  ---------------- 
 

Further details on the share schemes is disclosed in the Annual Report and Accounts which are available on the Mallett PLC website

   -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:    29 September 2014 
---------------------  ------------------ 
 Contact name:          Jade Jack 
---------------------  ------------------ 
 Telephone number:      020 3696 7260 
---------------------  ------------------ 
 

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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