Form 8.3 - Equals Group PLC
01 August 2024 - 10:13AM
UK Regulatory
Form 8.3 - Equals Group PLC
Downing LLP
LEI: 213800G3X76VBG9SB504
01 August 2024
Form 8.3 re.
Equals Group Plc
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) Full name of discloser: |
Downing LLP |
(b) Owner or controller of interests and short
positions disclosed, if different from
1(a): |
Client funds managed by Downing LLP |
(c) Name of offeror/offeree in relation to whose relevant
securities this form relates: |
Equals Group Plc |
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree: |
n/a |
(e) Date position held/dealing undertaken:
|
31 July 2024 |
(f) In addition to the company in 1(c)
above, is the discloser making disclosures in
respect of any other party to the
offer? |
No |
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: |
Ordinary shares 1p |
|
Interests |
Short positions |
|
Number |
% |
Number |
% |
(1) Relevant securities owned and/or
controlled: |
3,970,607 |
2.12 |
|
|
(2) Cash-settled derivatives:
|
|
|
|
|
(3) Stock-settled derivatives (including
options) and agreements to
purchase/sell: |
|
|
|
|
TOTAL: |
3,970,607 |
2.12 |
|
|
(b) Rights to
subscribe for new securities (including directors’ and
other employee 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 security |
Purchase/sale |
Number of securities |
Price per unit |
1p Ordinary Shares |
Purchase |
45,424 |
1.14 |
(b) Cash-settled derivative
transactions
Class of relevant security |
Product description |
Nature of dealing |
Number of reference securities |
Price per unit |
|
|
|
|
|
(c) Stock-settled
derivative transactions (including
options)
(i) Writing,
selling, purchasing or varying
Class of relevant security |
Product description |
Writing, purchasing, selling,
varying etc. |
Number of securities to which option
relates |
Exercise price per unit |
Type |
Expiry date |
Option money paid/ received per
unit |
|
|
|
|
|
|
|
|
(ii)
Exercise
Class of relevant security |
Product description |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
|
|
|
|
|
(d) Other dealings
(including subscribing for new
securities)
Class of relevant security |
Nature of dealing |
Details |
Price per unit (if applicable) |
|
|
|
|
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: |
None |
(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: |
None |
(c)
Attachments
Is a Supplemental Form 8 (Open Positions)
attached? |
NO |
Date of disclosure: |
01 August 2024 |
Contact name: |
|
Telephone number*: |
0207 416 7780 |