Form 8 (OPD) Future/GoCo Group

RNS Number : 6576H

Future PLC

04 December 2020

 

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:	Future plc (the "Company")
(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	The Company
(d) Is the discloser the offeror or the offeree?	OFFEROR
(e) Date position held:   The latest practicable date prior to the disclosure	02 December 2020
(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"	Yes - GoCo Group plc

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:
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	0	Nil	0
(2) Cash-settled derivatives:	Nil	0	Nil	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	0	Nil	0
TOTAL:	Nil	0	Nil	0

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:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

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:

(a) Interest in the Company's ordinary shares held by the directors of the Company and their close relatives and related trusts Class of relevant securities Ordinary shares of £0.15 each Beneficial owner Registered holder Number of Company shares held %* Zillah Byng-Thorne Zillah Byng-Thorne 211,104 0.22 Max Thorne Max Thorne 64,480 0.07 Richard Huntingford Richard Huntingford 24,500 0.02 Alan Newman Rathbone Investment Management 8,750 0.01 Mark Brooker HSBC Global Custody Nominee (UK) Limited 1,500 0.00 Hugo Drayton Nominee of Interactive Investor Services Limited 2,376 0.00 Rachel Addison Numis Nominees (Client) Limited 2,798 0.00 Meredith Amdur Vidacos Nominees Limited 385 0.00 (b) Options over Company shares held by the directors of the Company and their close relatives and related trusts Name Future Share Plan under which awarded Number of ordinary shares (under option) Date of grant Exercise period Exercise price Zillah Byng-Thorne Performance Share Plan 200,000 02 February 2017 24 November 2019 - 02 February 2027 Nil 134,345 24 November 2017 24 November 2020 - 24 November 2027 Nil 196,687 23 November 2018 22 November 2021 - 23 November 2028 Nil 67,185 25 November 2019 24 November 2022 - 25 November 2029 Nil Deferred Bonus Plan 25,194 24 November 2019 24 November 2021 Nil (c) Interests in the Company's ordinary shares held by the concert parties of the Company Class of relevant securities Ordinary shares of £0.15 each Name Number of Company shares held %* NONE NONE NONE * Percentages have been rounded up

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:	03 December 2020
Contact name:	Alec Pratt, Director, Numis Securities Limited
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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

 

 

FEETIBATMTTMBIM