Rule 38.5(b)-Cable and Wirele

RNS Number : 8505X
Royal Bank of Scotland Group PLC
30 June 2008
 



                                  

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 

WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS

BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

(Rule 38.5(b) of the Takeover Code)



1.    KEY INFORMATION


Name of exempt principal trader

The Royal Bank of Scotland plc (a wholly-owned
subsidiary of The Royal Bank of Scotland Group plc)

Company dealt in

Cable and Wireless plc

Class of relevant security to which the dealings being disclosed relate (Note 1)

ORD GBP 0.25

Date of dealing

27 June 2008



2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE


(a)    Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)




Long

Short



Number       (%)

Number          (%)

(1) Relevant securities 


919,300       (0.0369)

101,240          (0.0041)

(2) Derivatives (other than options)




(3) Options and agreements to purchase/sell




Total


919,300      (0.0369)  

101,240           (0.0041)


(b)    Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)


Class of relevant security:


Long

Short



Number (%)

Number (%)

(1) Relevant securities 




(2) Derivatives (other than options)




(3) Options and agreements to purchase/sell




Total





  • Rights to subscribe (Note 2)


Class of relevant security:


Details




3.    DEALINGS (Note 3)


(a)    Purchases and sales


Purchase/sale


Number of securities

Price per unit (Note 4)


Sale




100,600




1.4740 GBP





(b)    Derivatives transactions (other than options)


Product name, 

e.g. CFD

Long/short (Note 5)

Number of securities (Note 6)

Price per unit (Note 4)









(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 6)

Exercise

price 

Type, e.g. American, European etc.

Expiry 

date

Option money

paid/received per unit (Note 4) 










(ii)    Exercising


Product name, e.g. call option

Number of securities 

Exercise price per unit (Note 4)







(d)    Other dealings (including new securities) (Note 3)


Nature of transaction (Note 7)


Details

Price per unit (if applicable) (Note 4)

















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.  


NONE




Is a Supplemental Form 38.5(b) attached? (Note 8)                YES/NO



Date of disclosure

30 June 2008

Contact name

Richard Hopkins

Telephone number

(020) 7714 4459

Name of offeree/offeror with which connected

Cable and Wireless plc

Nature of connection (Note 9)

ABN-AMRO Hoare Govett is acting as Corporate Broker to Cable and Wireless plc regarding the potential bid for Thus Group plc. ABN-AMRO is a subsidiary of RFS Holdings N.V. in which the Royal Bank of Scotland Group plc have a 38.3% interest.




Notes


The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk




This information is provided by RNS
The company news service from the London Stock Exchange
 
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