Rule 8.3- Cosalt plc

RNS Number : 1840X

Lloyds Banking Group PLC

10 August 2009

 

FORM 8.3

DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the Takeover Code)

1.    KEY INFORMATION

Name of person dealing (Note 1)	Lloyds Banking Group plc and its subsidiaries
Company dealt in	Cosalt plc
Class of relevant security to which the dealings being disclosed relate (Note 2)	Ordinary 1p
Date of dealing	5 August 2009

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 (other than options)
(3) Options and agreements to purchase/sell
Total

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:	Long		Short
	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
Ordinary shares	Subsidiaries of Lloyds Banking Group plc have agreed to subscribe for 10,000,000 new ordinary shares in the proposed Firm Placing.  Should the Firm Placing proceed as proposed then Lloyds Banking Group plc and its subsidiaries would as a result of the Firm Placing be interested in 10,620,667 new ordinary shares representing 2.626% of 404,403,397 being the total new ordinary shares.

3.    DEALINGS (Note 4)

(a)    Purchases and sales

Purchase/sale	Number of securities	Price per unit (Note 5)

(b)    Derivatives transactions (other than options)

Product name, e.g. CFD	Long/short (Note 6)	Number of securities (Note 7)	Price per unit (Note 5)

(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

Product name,e.g. call option	Writing, selling, purchasing, varying etc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, European etc.	Expiry date	Option money paid/received per unit (Note 5)

(ii)    Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 5)

(d)    Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)
Participation in Firm Placing	See section 2.c above	5p

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.

Dealings are by way of a Firm Placing and Open Offer of new ordinary shares of 5p of which Firm placing shares are not subject to clawback whereas Open Offer shares will be subject to clawback.

Is a Supplemental Form 8 attached? (Note 9)                NO

Date of disclosure	10 August 2009
Contact name	Kenny Melville
Telephone number	0131 243 8671
If a connected EFM, name of offeree/offeror with which connected
If a connected EFM, state nature of connection (Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

 

END

 

 

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