INL.L Regulatory News (INL)

12 Jul 2007 07:15

Inland PLC12 July 2007 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 persons dealing (Note 1) Inland Plc, S Wicks and The Wicks Pension FundCompany dealt in Poole Investments PlcClass of relevant security to which the dealings Ordinary Shares of 5p eachbeing disclosed relate (Note 2) Dates of dealing See notes 3(a) and 4 below 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 3,150,000 (1.7%)(2) Derivatives (other than options)(3) Options and agreements to purchase/sell Total 3,150,000 (1.7%) (b) Interests and short positions in relevant securities of the company, otherthan 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 nil (c) Rights to subscribe (Note 3) nil Class of relevant security: Details n/a 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) Purchase / transfer (see note4 below) 1,500,000 4.405p (See note 4 below)Purchase (6 July 2007) 400,000 5p (b) Derivatives transactions (other than options) None (c) Options transactions in respect of existing securities(i) Writing, selling, purchasing or varying None (ii) Exercising n/a (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) None 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated. S Wicks (a director of Inland plc, the potential offeror) through his pensionfund acquired 400,000 Offeree shares over 4 years ago. On 6 July 2007 theseOfferee shares were sold to Inland plc at a price of 5p each. S Wicks also acquired Offeree shares as agent for Inland plc as follows:Date (2007) number of shares price3 April 25,000 3.50p30 April 125,000 3.75p1 May 100,000 3.75p18 May 10,000 3.94p25 May 50,000 3.90p30 May 50,000 4.00p4 June 100,000 4.00p5 June 90,000 4.25p6 June 50,000 4.25p15 June 100,000 4.50p18 June 100,000 4.50p20 June 100,000 4.50p22 June 100,000 4.50p25 June 150,000 4.75p26 June 150,000 4.75p29 June 150,000 5.00p3 July 50,000 4.50p These 1,500,000 shares were transferred by S Wicks to Inland Plc (the Offeror)on 5 July 2007 on a no gain no loss basis at an average cost of 4.405p per sharebeing the amount paid by him. Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure 12/07/07 Contact name David Floyd Telephonenumber 020 7509 4570 Name of offeree/offeror with Inland Plc (offeror)which associated Specify category and nature of Offeror and associate (category 3 - directorassociate status (Note 10) of offeror and his pension fund) Notes The Notes on Form 8.1 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