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Rule 2.9, treasury shares & exercise of options

28 Feb 2020 07:00

RNS Number : 4251E
Ei Group plc
28 February 2020
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

Ei Group plc

28 February 2020

Ei Group plc (the "Company")

Exercise of share options, transfer of treasury shares and Rule 2.9 announcement

The Company announces that, on 27 February 2020, following the sanction by the Court of the scheme of arrangement under Part 26 of the Companies Act 2006 by which the recommended all cash offer for the entire issued and to be issued share capital of the Company by Stonegate Pub Company Bidco Limited, a wholly-owned subsidiary of Stonegate Pub Company Limited, is being implemented, options granted under the Ei Group plc 2015 Long Term Incentive Plan and the Ei Group plc 2019 Restricted Share Plan were exercised and that 4,346,012 ordinary shares of 2.5 pence each in the capital of the Company held in treasury were transferred to satisfy the exercise of such options.

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), the Company confirms that, as at the date of this announcement, it has 442,701,324 ordinary shares of 2.5 pence each (excluding shares held in treasury) in issue and admitted to trading on the main market of the London Stock Exchange. The Company currently holds 45,208,751 ordinary shares in treasury. The International Securities Identification Number (ISIN) for the Company's ordinary shares is GB00B1L8B624.

 

Enquiries

Ei Group plc L Togher

Company Secretary

 

Tel: +44 (0)121 272 5000

 

 

Dealing disclosure requirements

Under Rule 8.3(a) of the Code, any person who is interested in one per cent. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified.

An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in one per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3. Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCEADAXAFXEEAA
Date   Source Headline
3rd Mar 20202:34 pmBUSForm 8.3 - Ei Group Plc
3rd Mar 202010:12 amRNSScheme of arrangement
2nd Mar 20206:23 pmRNSHolding(s) in Company
2nd Mar 20204:03 pmBUSForm 8.3 - Ei Group Plc
2nd Mar 20203:30 pmRNSForm 8.3 - EIG LN
2nd Mar 20203:20 pmRNSForm 8.3 - Ei Group plc
2nd Mar 20203:15 pmBUSForm 8.3 - Ei Group plc
2nd Mar 20203:14 pmRNSForm 8.3 - EI Group PLC
2nd Mar 20202:52 pmRNSForm 8.3 - Ei Group plc
2nd Mar 20201:57 pmEQSForm 8.3 - The Vanguard Group, Inc.: Ei Group plc
2nd Mar 202012:20 pmGNWMajedie Asset Management Ltd: Form 8.3 - EI GROUP PLC
2nd Mar 202011:56 amRNSForm 8.3 - Ei Group plc
2nd Mar 202011:45 amRNSForm 8.3 - EI GROUP PLC
2nd Mar 202011:04 amRNSForm 8.5 (EPT/RI)
2nd Mar 202011:01 amBUSForm 8.5 (EPT/NON-RI) - Ei Group Plc
2nd Mar 20209:33 amRNSForm 8.5 (EPT/RI) EI Group Plc
2nd Mar 20209:14 amRNSForm 8.5 - EI Group plc
28th Feb 20204:00 pmRNSTotal Voting Rights
28th Feb 20203:35 pmBUSForm 8.5 (EPT/NON-RI) - Ei Group Plc
28th Feb 20203:30 pmRNSForm 8.3 - EIG LN
28th Feb 20203:20 pmRNSForm 8.3 - Ei Group plc
28th Feb 20203:15 pmBUSForm 8.3 - Ei Group plc
28th Feb 20202:10 pmEQSForm 8.3 - The Vanguard Group, Inc.: Ei Group plc
28th Feb 202012:00 pmRNSForm 8 (DD) - Ei Group PLC
28th Feb 202012:00 pmRNSForm 8 (DD) - Ei Group PLC
28th Feb 202012:00 pmRNSDirector/PDMR Shareholding
28th Feb 202011:36 amRNSForm 8.5 (EPT/RI)
28th Feb 202011:33 amRNSForm 8.3 - Ei Group plc
28th Feb 202010:05 amRNSForm 8.5 - EI Group plc
28th Feb 20209:31 amRNSUpdate on Debt Financing Arrangements
28th Feb 20209:21 amRNSForm 8.5 (EPT/RI) EI Group Plc
28th Feb 20208:07 amRNSForm 8.3 - Ei Group plc
28th Feb 20207:30 amRNSHolding(s) in Company
28th Feb 20207:00 amRNSRule 2.9, treasury shares & exercise of options
27th Feb 20203:30 pmRNSForm 8.3 - EIG LN
27th Feb 20203:20 pmRNSForm 8.3 - Ei Group plc
27th Feb 20203:16 pmRNSForm 8.3 - EI Group PLC
27th Feb 20203:15 pmBUSForm 8.3 - Ei Group plc
27th Feb 20202:45 pmRNSForm 8.3 - EI Group Plc
27th Feb 20202:44 pmBUSForm 8.5 (EPT/NON-RI) - Ei Group Plc
27th Feb 20202:32 pmEQSForm 8.3 - The Vanguard Group, Inc.: Ei Group plc
27th Feb 20202:21 pmRNSForm 8.3 - Ei Group plc
27th Feb 20201:29 pmBUSForm 8.3 - Ei Group Plc
27th Feb 202011:42 amRNSForm 8.3 - Ei Group plc
27th Feb 202011:42 amRNSForm 8.3 - EI Group Plc
27th Feb 202011:29 amRNSForm 8.5 (EPT/RI)
27th Feb 202011:29 amRNSForm 8.3 - EI GROUP PLC
27th Feb 202011:15 amRNSCourt sanction and suspension of trading of shares
27th Feb 202010:41 amRNSForm 8.5 - EI Group plc
27th Feb 20209:34 amRNSForm 8.5 (EPT/RI) EI Group Plc

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