Form 8 (OPD) Amlin PLC - Amendment

RNS Number : 8112Z

Amlin PLC

22 September 2015

 

AMENDMENT - CHANGE TO SECTION 3

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) Full name of discloser:	Amlin plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Amlin plc
(d) Is the discloser the offeror or the offeree?	Offeree
(e) Date position held:      The latest practicable date prior to the disclosure	21 September 2015
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	28.125p ordinary shares
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	0.00	Nil	0.00
(2) Cash-settled derivatives:	Nil	0.00	Nil	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	0.00	Nil	0.00
TOTAL:	Nil	0.00	Nil	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(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

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 (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure: 3(a) Interests of directors of Amlin plc in Amlin plc shares
Name	No. of ordinary shares	% of Amlin issued share capital
Charles Philipps	614,655	0.12
Richard Hextall	169,635	0.03
Simon Beale	328,236	0.06
Richard Davey	10,000	0.0
Julie Chakraverty	8,000	0.0
Martin Feinstein	4,000	0.0
Shonaid Jemmett-Page	700	0.0
Oliver Peterken	4,267	0.0
TOTAL	1,139,493	0.22%

In addition to the interests in ordinary shares noted above, the following directors have been granted (i) Long Term Incentive Plan ("LTIP") awards over shares, (ii) Performance Share Plan ("PSP") awards over shares, (iii) Savings-Related Share Option Plan ("SAYE") options, (iv) Exec options, and (v) Deferred bonus plan shares:

Name	Description of award/ option	Grant date	Exercise Price	Number of relevant securities	Years options exercisable (if performance conditions met)
Charles Philipps	LTIP	05/03/13	Nominal	136,310	2016-2018
		07/03/14	Nominal	130,067	2017-2019
	PSP	08/03/11	Nominal	137,481	2016-2018
		06/03/12	Nominal	168,154	2017-2019
		05/03/13	Nominal	136,310	2018-2020
		07/03/14	Nominal	130,067	2019-2021
		04/03/15	Nominal	250,252	2020-2022
	SAYE	30/09/11	247.00p	6,163	2016-2017
		30/09/14	355.00p	2,535	2017-2018
	Deferred bonus plan shares	27/03/2014	N/A	7,027	2017
		31/03/2015	N/A	38,234	2016-2018
Richard Hextall	LTIP	05/03/13	Nominal	109,283	2016-2018
		07/03/14	Nominal	108,389	2017-2019
	PSP	08/03/11	Nominal	100,351	2016-2018
		06/03/12	Nominal	125,000	2017-2019
		05/03/13	Nominal	109,283	2018-2020
		07/03/14	Nominal	108,389	2019-2021
		04/03/15	Nominal	207,870	2020-2022
	SAYE	27/09/13	312.00 p	2,884	2016-2017
		30/09/14	355.00 p	2,535	2017-2018
	Deferred bonus plan shares	27/03/2014	N/A	5,837	2017
		31/03/2015	N/A	38,234	2016-2018
Simon Beale	LTIP
		05/03/13	Nominal	90,481	2016-2018
		07/03/14	Nominal	85,627	2017-2019
	PSP	05/03/13	Nominal	90,481	2018-2020
		07/03/14	Nominal	85,627	2019-2021
		04/03/15	Nominal	164,682	2020-2022
	SAYE	30/09/11	247.00 p	6,163	2016-2017
		30/09/14	355.00 p	4,267	2019-2020

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

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: Irrevocable commitments and letters of intent should not be included. 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:	21 September 2015
Contact name:	Mark Stevens, Company Secretary
Telephone number:	[phone]

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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END

 

 

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