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Form 8.3 - Daily Mail and General Trust PLC

16 Sep 2021 14:55

RNS Number : 0519M
Sanderson Asset Management LLP
16 September 2021
 

 

 

 

 

 

 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

 

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

 

MORE

 

Rule 8.3 of the Takeover Code (the "Code")

 

 

 

 

 

 

 

1. KEY INFORMATION

 

(a) Full name of discloser:

Sanderson Asset Management LLP

 

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

-

 

The naming of nominee or vehicle companies isinsufficient. For a trust, the trustee(s), settlor andbeneficiaries must be named.

 

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Daily Mail and General Trust plc

 

Use a separate form for each offeror/offeree

 

 

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

N/A

 

(e) Date position held/dealing undertaken:

15/09/2021

 

For an opening position disclosure, state the latestpracticable date prior to the disclosure

 

 

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

No

 

If it is a cash offer or possible cash offer, state "N/A"

 

 

 

 

 

 

 

 

 

 

 

 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

 

 

 

 

 

 

 

 

If there are positions or rights to subscribe to disclose in more than one class of relevantsecurities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) foreach additional class of relevant security.

 

 

 

 

 

 

 

 

 

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

 

 

 

 

 

 

 

 

Class of relevant security:

A Ordinary Non-voting Shares

 

 

Interests

Short Positions

 

 

Number

%

Number

%

 

(1) Relevant securities owned and/or controlled:

2,123,576

1.01

-

-

 

(2) Cash-settled derivatives:

-

-

-

-

 

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

-

-

-

-

 

TOTAL:

2,123,576

1.01

-

-

 

 

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), oragreements to purchase or sell relevant securities, should be given on a SupplementalForm 8 (Open Positions).

 

 

 

 

 

 

 

 

 

(b) Rights to subscribe for new securities (including directors' and other employee options)

 

 

 

 

Class of relevant security in relation to which subscription right exists:

-

 

Details, including nature of the rights concerned and relevant percentages:

-

 

 

 

 

 

 

 

 

 

 

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

 

 

 

 

 

Where there have been dealings in more than one class of relevant securities of the offeror orofferee named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional classof relevant security dealt in.The currency of all prices and other monetary amounts should be stated.

 

 

 

 

 

 

(a) Purchases and Sales

 

 

 

 

 

 

Class of relevant security

Purchase/sale

Number of Securities

Price per unit

 

A Ordinary

Sale

83,317

10.9341

 

 

 

 

 

 

 

(b) Cash-settled derivative transactions

 

 

 

 

 

 

 

Class of

Product

Nature of dealing

Number of

Price per

 

relevant

description

e.g. opening/closing a

reference

unit

 

security

e.g. CFD

long/short position, increasing/reducing a long/short position

securities

 

 

-

-

-

-

-

 

 

 

 

 

 

 

 

 

 

 

(c) Stock-settled derivative transactions (including options)

 

 

 

 

 

 

 

 

 

 

(i) Writing, selling, purchasing or varying

 

 

 

 

 

 

 

 

 

 

 

 

 

Class

Product

Writing

Number

Exercise

Type

Expiry

Option

 

of

description

purchasing,

of

price

e.g.

date

money

 

relevant security

e.g. call option

selling, varying etc.

securities to which option relates

per unit

American, European etc.

 

paid/ received per unit

 

-

-

-

-

-

-

-

-

 

 

 

 

 

 

 

(ii) Exercise

 

 

 

 

 

 

 

Class of

Product

Exercising/

Number of

Exercise price

 

relevant

description

exercised

securities

per unit

 

security

e.g. call option

against

 

 

 

-

-

-

-

-

 

 

 

 

 

 

 

(d) Other dealings (including subscribing for new securities)

 

 

 

 

 

 

Class of relevant

Nature of dealing

Details

Price per unit (if

 

security

e.g. subscription, conversion

 

applicable)

 

-

-

-

-

 

 

 

 

 

 

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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

 

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 person making the disclosure 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

 

 

 

 

 

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

 

 

 

 

Date of disclosure:

16/09/2021

 

Contact name:

Katherine Usher

 

Telephone number*:

020 7468 5970

 

 

 

 

 

 

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 +44 (0)20 7638 0129.

 

 

 

 

 

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

 

 

 

 

 

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

 

 

 

 

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END
 
 
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