HYDG.L Regulatory News (HYDG)

14 Feb 2008 11:51

3i Quoted Private Equity Limited14 February 2008 FORM 8.1 DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS (Rules 8.1(a) and (b)(i) of the Takeover Code) 1. KEY INFORMATION Name of person dealing (Note 1) 3i Quoted Private Equity Limited Company dealt in Hydrogen Group plc Class of relevant security to which the Notes convertible into ordinary shares of 1p eachdealings being disclosed relate (Note 2) Date of dealing 13 February 2008 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class ofrelevant security dealt in (Note 3) Long Short Number Number (%) (%) (1) Relevant securities 0 0 0 0 (2) Derivatives (other than options) 0 0 0 0 (3) Options and agreements to purchase/sell 0 0 0 0 Total 0 0 0 0 (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 0 0 0 0 (2) Derivatives (other than options) 0 0 0 0 (3) Options and agreements to purchase/sell 0 0 0 0 Total 0 0 0 0 (c) Rights to subscribe (Note 3) Class of relevant security: Details Notes convertible into ordinary shares of 1p Conditional agreement to subscribe for a further GBP 8,410,000each Convertible Notes 2013 convertible (subject to certain limitations) into 3,524,727 ordinary shares of 1p each in the capital of Hydrogen Group plc. The conversion price for the conversion of the Convertible Notes into ordinary shares is GBP 2.386 per ordinary share. This conditional agreement is additional to an existing conditional agreement by 3i QPE to subscribe for 2,724,225 ordinary shares of 1p each in the capital of Hydrogen Group plc and GBP 14,000,000 Convertible Notes 2013 convertible into 5,867,561 ordinary shares of 1p each in the capital of Hydrogen Group plc, as disclosed on 20 December 2007. 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) (b) Derivatives transactions (other than options) Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)e.g. CFD (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) 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 relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) YES Date of disclosure 14 February 2008 Contact name John Decesare / Stuart Howard Telephone number +44 (0)20 7928 3131 Name of offeree/offeror with which associated 3i Quoted Private Equity LimitedSpecify category and nature of associate status (Note 10) Offeror Notes The Notes on Form 8.1 can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk SUPPLEMENTAL FORM 8 DETAILS OF OPEN POSITIONS (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate) OPEN POSITIONS (Note 1) Product name, Written or Number of securities Exercise price Type, e.g. Expiry date purchased to which the option or (Note 2) American,e.g. call option derivative relates European etc. Conditional N/A GBP 8,410,000 Conversion price N/A 14 May 2008agreement to Convertible Notes 2013 is GBP 2.386 persubscribe convertible into ordinary share 3,524,727 ordinary shares of 1p each Notes 1. Where there are open option positions or open derivative positions (exceptfor CFDs), full details should be given. Full details of any existingagreements to purchase or to sell should also be given on this form. 2. For all prices and other monetary amounts, the currency must be stated. For details of the Code's dealing disclosure requirements, see Rule 8 and itsNotes which can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange