Rule 8.3- Abacus Group plc

    RNS Number : 5772J
  Osprey Smaller Cos Income Fund Ltd
  04 December 2008
   


    FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
    (Rule 8.3 of the City Code on Takeovers and Mergers)

    1.    KEY INFORMATION

 Name of person dealing (Note 1)  Osprey Smaller Companies
                                  Income Fund Limited
 Company dealt in                 Abacus Group plc

 Class of relevant security to    Ordinary 5p Shares
 which the dealings being
 disclosed relate (Note 2)

 Date of dealing                  3 December 2008


    2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

 (a)  Interests and short positions (following dealing) in the class of
      relevant security dealt in (Note 3)

                                              Long           Short
                                              Number   (%)   Number  (%)

 (1) Relevant securities                      886,400  1.21

 (2) Derivatives (other than options)

 (3) Options and agreements to purchase/sell

 Total                                        886,400  1.21

 (b)  Interests and short positions in relevant securities of the company,
      other than the class dealt in (Note 3)

  Class of relevant security:                 Long         Short
                                              Number  (%)  Number  (%)

 (1) Relevant securities 

 (2) Derivatives (other than options)

 (3) Options and agreements to purchase/sell

 Total


    (c)    Rights to subscribe (Note 3)

 Class of relevant security:  Details




    3.    DEALINGS (Note 4)

    (a)    Purchases and sales

 Purchase/sale   Number of securities  Price per unit (Note 5)
 Purchase        27,000                GBP 0.5125

    (b)    Derivatives transactions (other than options)

 Product name,  Long/short (Note 6)  Number of securities  Price per unit (Note 5)
 e.g. CFD                            (Note 7)



    (c)    Options transactions in respect of existing securities
    (i)    Writing, selling, purchasing or varying

 Product              Writing,              Number of             Exercise  Type, e.g.         Expiry  Option
 name, e.g.           selling,              securities to         price     American,          date    money
 call option          purchasing,           which the                       European                   paid/received
                      varying etc.          option                          etc.                       per unit (Note
                                            relates                                                    5) 
                                            (Note 7)




    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 5)



    (d)    Other dealings (including new securities) (Note 4)

 Nature of transaction (Note 8)  Details  Price per unit (if applicable) (Note 5)



    4.    OTHER INFORMATION

    Agreements, arrangements or understandings relating to options or derivatives

    Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting
rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or
disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.    NONE



 Is a Supplemental Form 8 attached? (Note 9)  NO


 Date of disclosure                                    4 December 2008

 Contact name                                          Elysium Fund Management

 Telephone number                                      01481 810100

 If a connected EFM, name of offeree/offeror with      N/A
 which connected

 If a connected EFM, state nature of connection (Note  N/A
 10)


    Notes
    The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
RETBUBDDSDGGGIS