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12 Aug 2009 09:25
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ย FORM 8.3
Ammendment: this disclosure replaces previous disclosures as Dorothy Melville and Stuart Melville are one person for the purposes of Rule 8.3b
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MOREย
(Rule 8.3 ofย theย Takeoverย Code)
1. KEY INFORMATION
|
Name of person dealingย ย (Note 1) |
Dorothy Melvilleย and Stuart Melville |
|
Company dealt in |
Cosalt |
|
Class of relevant security to which the dealings being disclosed relateย (Note 2) |
Ordinary 1p |
|
Date of dealing |
05/08/09 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interestsย and short positionsย (following dealing) in the class of relevant security dealt inย (Note 3)
|
Long |
Short |
|
|
Number (%) |
Number (%) |
|
|
(1) Relevant securitiesย |
3,022,765ย 11.45% |
|
|
(2) Derivativesย (other than options) |
||
|
(3)ย Optionsย and agreements to purchase/sell |
||
|
Total |
3,022,765 11.45% |
(b) Interestsย and short positionsย in relevant securities of the company, other than theย classย dealt inย (Note 3)
|
Class of relevant security: |
Long |
Short |
|
Number (%) |
Number (%) |
|
|
(1) Relevant securitiesย |
||
|
(2) Derivativesย (other than options) |
||
|
(3)ย Optionsย and agreements to purchase/sell |
||
|
Total |
(c) Rights to subscribeย (Note 3)
|
Class of relevant security: |
Details |
|
Ordinary shares |
Dorothy Melvilleย and Stuart Melville haveย agreed to subscribe for 10,000,000ย new ordinary shares in the proposed firm placing by Cosalt. Should the Firm placing proceed as proposed then Dorothy Melvilleย and Stuart Melvilleย ย ย would as a result of the firm placing be interestedย in 13,022,765ย newย ordinary shares representing 3.22%ย ofย 404,403,397 being the total new ordinary shares |
3. DEALINGSย (Note 4)
(a) Purchases and sales
|
Purchase/sale |
Number of securities |
Price per unitย (Note 5) |
(b) Derivatives transactions (other than options)
|
Product name,ย e.g. CFD |
Long/shortย (Noteย 6) |
Number of securitiesย (Note 7) |
Price per unitย (Note 5) |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
|
Product name, e.g.ย callย option |
Writing, selling, purchasing, varying etc. |
Number of securitiesย to which the option relatesย (Note 7) |
Exercise priceย |
Type,ย e.g. American, European etc. |
Expiryย date |
Option money paid/receivedย per unitย (Note 5)ย |
(ii) Exercising
|
Product name,ย e.g.ย call option |
Number of securitiesย |
Exercise priceย per unitย (Note 5) |
(d) Other dealings (including new securities)ย (Note 4)
|
Nature of transactionย (Note 8) |
Details |
Priceย per unitย (if applicable)ย (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 orย relating to the voting rights orย 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 at 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?ย (Note 9) YES/NO
|
Date of disclosure |
12/08/09 |
|
Contact name |
Adam Lloyd |
|
Telephone number |
0207 071 4420 |
|
If a connected EFM, name of offeree/offeror with which connected |
|
|
If a connected EFM,ย state natureย of connectionย (Noteย 10) |
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website atย www.thetakeoverpanel.org.uk
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