Irish Cont. Regulatory News (ICGC)

27 Jun 2007 10:52

Cantor Fitzgerald Europe27 June 2007 THIS DISCLOSURE REPLACES THE DISCLOSURE MADE ON 21ST JUNE 2007 AT 11.14AM REF:7755Y. THERE WAS AN ADDITIONAL TRADE OF 736,000 AMOUNT BOUGHT NOT REPORTED. FORM 8.1/8.3 IRISH TAKEOVER PANEL Lodge with the Stock Exchange (which may publicise) and with the Panel.Use separate form for each class of securities in which dealings havebeen made. Date of disclosure 21st June 2007 AMENDMENT TO DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(i) and 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2001 Date of Dealing 20 June 2007 Dealing in Irish Continental Group Plc (1) Class of securities: Ordinary Shares (2) Amount bought Amount sold Price per unit 350,000 23.000000 192.983 22.500000 519,970 22.000000 736,000 22.000000 (3) Resultant total of the same class owned or controlled(and percentage of class) 7,021,850 29.698% *In addition, Cantor Fitzgerald Europe (and affiliates) are party to certain CFDs ( see below) (4) Party making disclosure Cantor Fitzgerald Europe (5) EITHER (a) Name of purchaser/vendor (Note 1) OR (b) If dealing for discretionary client(s), name of fund management organisation ................................................................. (6) Reason for disclosure (Note 2) (a) (i) offeror or associate of offeror (Note 3) NO (ii) offeree or associate of offeree YES Specify which category or categories of associate ((a) to (l) page 3/4) ...(i).. If category (l), explain ....................................................... (b) Rule 8.3 (i.e. disclosure because of ownership or control of 1% or more the class of relevant securities dealt in) YES Signed, for and on behalf of the party named in (4) above....................... (Also print name of signatory) Simon Chatterton Telephone and extension number: 0207 894 7990 / schatterton@cantor.co.uk Date of Disclosure: 21st June 2007 Form 8 Enclosure Cantor Fitzgerald Europe is the beneficial owner of 7,021,850 Irish ContinentalGroup plc ordinary shares. 7,021,850 of these shares are held to hedge Contractfor Difference ("CFD") positions for clients. There is a written agreement entered into on 13 April 2007 between One51 CapitalLimited, Doyle Group Ltd and Cantor Fitzgerald Europe under which One51 CapitalLimited and Doyle Group Ltd (1) control Cantor Fitzgerald Europe's voting rightsin relation to the underlying Irish Continental Group shares owned by CantorFitzgerald Europe to hedge the CFDs entered into with One51 Capital Limited andDoyle Group Ltd. and (2) are entitled to acquire the beneficial interest in suchIrish Continental Group shares. This agreement of 13 April 2007 replaces thewritten agreement of 3 April 2007 between One51 Capital Limited and CantorFitzgerald Europe. The number of underlying shares to which the agreementrelates is currently 2,642,189 Irish Continental Group shares for One51 CapitalLimited and 1,492,217 Irish Continental Group shares for Doyle Group Ltd. Thisagreement is open-ended and the prices at which One51 Capital Limited and DoyleGroup Ltd are entitled to acquire the underlying shares to which the agreementrelates are the reference prices per Irish Continental Group shares as set outin the table below. This arrangement does not apply to the other 2,887,444shares held by Cantor Fitzgerald Europe. A Long CFD is a product where the client to whom the product is sold is taking along economic interest in the underlying share price such that the client canrealise a gain if the price of the underlying securities rises above thereference price. The holder of a Long CFD contract will realise a gain if the price of theunderlying security goes up. The holder of a Short CFD contract will realise again if the price of the underlying security goes down. Other than as set out above, there are no written or oral agreements betweenCantor Fitzgerald Europe and any clients concerning the control of voting rightsin relation to the underlying shares used to hedge Long CFDs and/or Spread bets. The CFD contracts are open-ended and there is no rollover into new contracts. Contracts for Differences Disclosure Date: 21/06/07 Irish Continental Group Plc Cantor Underlying Reference Fitzgerald Number PriceProduct Name Date Buy/Sell Of Shares EUR Executed Irish Continental Group Plc Long 03/06/05 Sell 537 9.501300CFD Irish Continental Group Plc Long 10/06/05 Sell 30000 9.301300CFD Irish Continental Group Plc Long 18/08/05 Sell 10000 10.500000CFD Irish Continental Group Plc Long 19/08/05 Sell 4490 10.300000CFD Irish Continental Group Plc Long 16/01/06 Sell 500 11.170000CFD Irish Continental Group Plc Long 13/03/06 Sell 2500 12.000000CFD Irish Continental Group Plc Long 13/03/06 Sell 2500 12.100000CFD Irish Continental Group Plc Long 06/12/06 Sell 6000 12.850000CFD Irish Continental Group Plc Long 27/12/06 Sell 10000 14.350000CFD Irish Continental Group Plc Long 05/01/07 Sell 1800 14.400000CFD Irish Continental Group Plc Long 05/02/07 Sell 1570 15.950000CFD Irish Continental Group Plc Long 14/02/07 Sell 200 16.000000CFD Irish Continental Group Plc Long 15/02/07 Sell 2500 16.250000CFD Irish Continental Group Plc Long 19/03/07 Sell 10000 19.800000CFD Irish Continental Group Plc Long 20/03/07 Sell 50000 19.981300CFD Irish Continental Group Plc Long 23/03/07 Sell 15000 20.000000CFD Irish Continental Group Plc Long 03/04/07 Sell 1325304 19.500000CFD Irish Continental Group Plc Long 10/04/07 Sell 1028152 20.500000CFD Irish Continental Group Plc Long 10/04/07 Sell 1028152 20.500000CFD Irish Continental Group Plc Long 10/04/07 Sell 113402 20.500000CFD Irish Continental Group Plc Long 10/04/07 Sell 113402 20.500000CFD Irish Continental Group Plc Long 12/04/07 Sell 306667 20.750000CFD Irish Continental Group Plc Long 12/04/07 Sell 153333 20.750000CFD Irish Continental Group Plc Long 13/04/07 Sell 21998 20.750000CFD Irish Continental Group Plc Long 13/04/07 Sell 43996 20.750000CFD Irish Continental Group Plc Long 19/06/07 Sell 132088 21.747161CFD Irish Continental Group Plc Long 19/06/07 Sell 804959 22.000000CFD Irish Continental Group Plc Long 03/04/07 Sell 3847 19.200000CFD Irish Continental Group Plc Long 20/06/07 Sell 519970 22.000000CFD Irish Continental Group Plc Long 20/06/07 Sell 192983 22.500000CFD Irish Continental Group Plc Long 20/06/07 Sell 350000 23.000000CFD Irish Continental Group Plc Long 20/06/07 Sell 736000 22.000000CFD 7021850 This information is provided by RNS The company news service from the London Stock Exchange