11 Aug 2009 11:31
FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code)
1. KEY INFORMATION
Name of person dealing (Note 1) Gartmore Investment Management Ltd Company dealt in Cosalt Class of relevant security to Ordinary 1p
which the dealings being disclosed relate (Note 2) Date of dealing 05/08/09
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevantsecurity dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities 330,000 (1.2498) (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total 330,000 (1.2498)
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options)
(3) Options and agreements to purchase/sell Total
(c) Rights to subscribe (Note 3)
Class of relevant security: Details Ordinary shares Gartmore Investment Management Ltd has agreed to subscribe for 5,700,000 new ordinary shares in the proposed firm placing by Cosalt. Should the Firm placing proceed as proposed then Gartmore Investment Management Ltd would as a result of the firm placing be interested in original shares plus firm placing shares new ordinary shares representing 1.49% of 404,403,397 being the total new ordinary shares3. DEALINGS (Note 4)(a) Purchases and salesPurchase/sale Number of securities Price per unit (Note 5)
(b) Derivatives transactions (other than options)
Product name, Long/short (Note Number of securities Price per unit (Note 6) (Note 7) 5) e.g. CFD
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, Number of Exercise Type, e.g. Expiry Option
selling, securities to American, money e.g. call purchasing, which the price European date option varying option etc. paid/ etc. relates (Note received 7) per unit (Note 5) (ii) ExercisingProduct name, e.g. call Number of securities Exercise price per unit option (Note 5)
(d) Other dealings (including new securities) (Note 4)
Nature of transaction Detailsp Price per unit (if (Note 8) applicable) (Note 5) Participation in Firm See section 2.c above 5p placing 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.
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? (Note 9) YES/NO
Date of disclosure 11th August 2009 Contact name Alison Averono Telephone number 020 7782 2324
If a connected EFM, name of offeree/offeror N/A with which connected If a connected EFM, state nature of N/A connection (Note 10)
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
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