Form 8 (OPD) (The Parkmead Group plc)

RNS Number : 4315F

Parkmead Group (The) PLC

23 May 2013

 

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)          Identity of the party to the offer making the disclosure:	The Parkmead Group 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
(c)           Name of offeror/offeree in relation to whose relevant securities this form relates:                 Use a separate form for each party to the offer	The Parkmead Group plc
(d)          Is the party to the offer making the disclosure the offeror or the offeree?	OFFEROR
(e)          Date position held:	23 May 2013
(f)           Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Yes - Lochard Energy Group plc

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

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

Class of relevant security:	0.1p ordinary shares
	Interests		Short positions
	Number	%	Number	%
(1)          Relevant securities owned and/or controlled:
(2)          Derivatives (other than options):
(3)          Options and agreements to purchase/sell:
TOTAL:	None		None

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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

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.

(c)           Irrevocable commitments and letters of intent

Details of any irrevocable commitments or letters of intent procured by the party to the offer making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of the Code):

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 of any person acting in concert with the party to the offer making the disclosure
Interests
Name	Number of The Parkmead Group plc Ordinary Shares	% of The Parkmead Group plc Issued Ordinary Share Capital
Charles Stanley & Co Limited on behalf of Discretionary managed private and institutional  clients	2,964,973	0.32
Thomas Cross (director)	250,011,716	27.14
Ryan Stroulger (director)	1,000,000	0.11
Colin Percival (director)	75,000	0.01
Ian Rawlinson (director)	5,424,663	0.59
Philip Dayer (director)	1,365,305	0.15
Rights to Subscribe:
The interests of the Directors under the Company's share based incentive schemes were as follows: Name Number of Options Exercise Period Date of Vesting Exercise Price  (p) Colin Percival (director) 2,600,000 19/11/10 - 19/11/22 20 Feb 2014 8.75 1,070,000 09/08/11 - 09/08/21 08 Aug 2014 10.63 1,127,000 17/09/12 - 17/09/22 16 Sep 2015 11.875 Total 4,797,000 Ryan Stroulger (director) 360,000 11/10/10 - 11/10/20 10 Oct 2013 1.55 150,000 09/08/11 - 09/08/21 08 Aug 2014 10.63 994,000 17/09/12 - 17/09/22 16 Sep 2015 11.875 Total 1,504,000

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

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 3 for each additional class of relevant security.

Details of any open derivative or option positions, 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: 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:	23 May 2013
Contact name:	Ryan Stroulger
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 dealing disclosure requirements on [phone].

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

 

END

 

 

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