Form 8 (OPD) Galliford Try plc

RNS Number : 2602A

Galliford Try PLC

23 March 2017

 

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:	Galliford Try 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.	n/a
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Galliford Try plc
(d) Is the discloser the offeror or the offeree?	OFFEROR
(e) Date position held:      The latest practicable date prior to the disclosure	20 March 2017
(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 - Redrow plc and Bovis Homes 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:	Ordinary shares of GBP0.50 each
	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:	Nil
Details, including nature of the rights concerned and relevant percentages:

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) Interests in Galliford Try plc's ordinary shares held by the directors of Galliford Try plc and their close relatives and related trusts Class of relevant securities: Ordinary shares of GBP0.50 each Name Number of Galliford Try shares held % Notes Peter Ventress 4,250 0.005 Held as beneficial owner Peter Truscott 11,821 0.014 Held in own name 11,655 0.014 Held as beneficial owner* Graham Prothero 44,558 0.054 Held in own name 17,100 0.021 Held as beneficial owner* 100 0.0001 Held by Hugh Dawson (the father of Graham Prothero's partner) as legal owner Andrew Jenner 1,000 0.001 Held by Jane Jenner (Andrew Jenner's partner) as legal owner Ishbel Macpherson 2,125 0.003 Held in own name Terry Miller 200 0.0002 Held as beneficial owner Gavin Slark 1,200 0.001 Held as beneficial owner TOTAL 94,009 0.11 * Beneficial shareholdings for Peter Truscott and Graham Prothero include restricted shares granted under the Annual Bonus Plan held by the Galliford Try Employee Share Trust. (b) Rights to subscribe for interests in Galliford Try plc's ordinary shares held by the directors of Galliford Try plc and their close relatives and related trusts Class of relevant securities: Ordinary shares of GBP0.50 each Name Number of Galliford Try shares held % Notes Peter Truscott 89,268 0.108 Share option / award* Graham Prothero 80,991 0.098 Share option / award* TOTAL 170,259 0.206 - * For further details please refer to the summary table on page 75 of the Galliford Try plc annual report published on 4 October 2016. (c) Interests in Galliford Try plc's ordinary shares held by other concert parties of Galliford Try plc None.

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:	23 March 2017
Contact name:	Kevin Corbett
Telephone number:	01895 855290

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

 

 

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