Rule 8.3 - VT Group Plc

 
TIDMZZZ TIDMVTG 
 
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        Gruss Asset Management LLP 
(Note 1) 
Company dealt in              VT Group Plc 
Class of relevant security    Ordinary Shares 
to which the dealings being 
disclosed relate (Note 2) 
Date of dealing               23rd March 2010 
 
 
 
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 
 
(2) Derivatives    1,863,373 
(other than        (1.03%) 
options) 
 
(3) Options and 
agreements to 
purchase/sell 
 
Total              1,863,373 
                   (1.03%) 
 
(b)  Interests and short positions in relevant securities of the company, other 
     than the class dealt in (Note 3) 
 
Class of                    Long                     Short 
relevant 
security: 
 
                  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         Price per unit 
                 securities        (Note 5) 
 
 
 
 
 
(b)  Derivatives transactions (other than options) 
 
Product     Long/short      Number of securities Price per unit 
name,       (Note 6)        (Note 7)             (Note 5) 
e.g. CFD 
 
CFD         Long            1,500,000            725.35p 
 
 
 
 
(c)  Options transactions in respect of existing securities 
 
(i)  Writing, selling, purchasing or varying 
 
Product   Writing,    Number of    Exerc Type,      Expi  Option 
name,     selling,    securities   ise   e.g.       ry    money 
e.g. call purchasing  to which     price American,  date  paid/recei 
option    , varying   the option         European         ved per 
          etc.        relates            etc.             unit (Note 
                      (Note 7)                            5) 
 
 
 
(ii) Exercising 
 
Product name, e.g.  Number of           Exercise price per 
call option         securities          unit (Note 5) 
 
 
 
 
 
 
(d)  Other dealings (including new securities) (Note 4) 
 
 
Nature of transaction Details           Price per unit 
(Note 8)                                (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. 
 
 
 
 
 
Is a Supplemental Form 8 attached? (Note 9)                 NO 
 
 
Date of disclosure                         24th March 2010 
Contact name                               Paul Lodge 
Telephone number                           [phone] 
If a connected EFM, name of                N/A 
offeree/offeror with which connected 
If a connected EFM, state nature of        N/A 
connection (Note 10) 
 
 
Notes 
 
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk