Abrdn Property Regulatory News (API)

12 Jan 2005 07:00

Steel Partners II LP11 January 2005 FORM SAR 3 Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.A copy must also be sent to the company the shares of which are acquired. Date of disclosure January 11, 2005............................................................... DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNINGSUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of acquisition January 11, 2005............................................................... Acquisition in (name of company) API Group plc..................... 1. Class of voting shares (eg ordinary shares) Ordinary shares............................................................... Number of shares/rights over shares acquired 750,000 Shares............none...Rights If rights over shares acquired, as opposed to the shares themselves, specifynature of rights N/A................................................ 2. Resultant total holding of voting shares (and % of total voting shares inissue)9,325,000 27.55% Resultant total holding of rights over shares (and % of total voting shares inissue) N/A.......... ..........% Total percentage9,325,000 27.55% 3. Party making disclosure Steel Partners II LP WebFinancial Corporation 4. (a) Name of person acquiring shares or rights over shares Steel Partners II LP............................................................... and, if different, beneficial owner............................................................... (b) Names of any other persons acting by agreement or understanding (see SAR 5)............................................................... Signed, for and on behalf of the party named in (3) above Jack L. Howard (Also print name of signatory)Jack L. Howard............................................................... Telephone and extension number212 758-3232 x120............................................................... Note. Under SAR 5, the holdings of and acquisitions by persons acting byagreement or understanding must be aggregated and treated as a holding of oracquisition by one person. Note 3 on SAR 5 requires persons who must aggregateholdings to disclose certain disposals. For full details of the SARs disclosure requirements, see Rules 3 and 5 of theSARs. If in doubt, contact the Panel on Takeovers and Mergers, MonitoringSection. Tel. No: 020 7638 0129.Email:monitoring@disclosure.org.uk This information is provided by RNS The company news service from the London Stock Exchange