Form 8.3 - ProStrakan Group Plc

 
TIDMPSK 
 
 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.KEY INFORMATION

 
(a) Identity of the person         First Eagle Investment Management, LLC 
whose positions/dealings 
are being  disclosed: 
(b) Owner or controller 
of interests and short 
positions  disclosed, if 
different from 1(a): 
(c) Name of offeror/offeree        ProStrakan Group Plc 
in relation to whose 
relevant  securities 
this form relates: 
(d) If an exempt fund 
manager connected 
with an offeror/offeree, 
state this and specify identity 
of offeror/offeree: 
(e) Date position held/dealing     March 16, 2011 
undertaken: 
(f) Has the discloser previously   NO 
disclosed, 
or are they 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 (if any)

 
Class of relevant security: 
                                        Interests        Short positions 
                                        Number     %     Number  % 
(1) Relevant securities owned 
and/or controlled: 
(2) Derivatives (other than options):   5,217,740  2.55 
(3) Options and agreements 
to purchase/sell: 
TOTAL:                                  5,217,740  2.55 
 
 

(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: 
 
 

3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)Purchases and sales

 
Class of relevant   Purchase/sale  Number of securities  Price per unit 
security 
 
 

(b)Derivatives transactions (other than options)

 
Class of      Product      Nature of dealing  Number        Price per unit 
relevant      description                     of reference 
security      e.g. CFD                        securities 
5p ordinary   CFD          Increasing a long  330,000       GBP 1.3190 
shares                     position 
 
 

(c)Options transactions in respect of existing securities

(i)Writing, selling, purchasing or varying

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

(ii)Exercising

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

(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 
 
 

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 person making the disclosure and any 
party to the offer or any person acting 
in concert with a party to  the offer: 
 
 

(b)Agreements, arrangements or understandings relating to options or derivatives

 
Details of any agreement, arrangement or 
understanding, formal or  informal, 
between the person 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: 
 
 

(c)Attachments

 
Is a Supplemental Form 8 (Open Positions) attached?   NO 
 
 
Date of disclosure:   March 16, 2011 
Contact name:         Hayley Nelson 
Telephone number:     212-698-3363 
 
 

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] 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.