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Form 8 (OPD)

21 May 2024 18:30

RNS Number : 3658P
IQGeo Group PLC
21 May 2024
 

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1. KEY INFORMATION

 

(a) Full name of discloser:

IQGeo Group plc

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

N/A

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

IQGeo Group plc

(d) Is the discloser the offeror or the offeree?

OFFEREE

(e) Date position held:

20 May 2024

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

N/A

 

 

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

 

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

 

Class of relevant security:

 

Ordinary shares of 2p

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

Nil

Nil

Nil

(2) Cash-settled derivatives:

 

Nil

Nil

Nil

Nil

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

Nil

Nil

Nil

Nil

 

TOTAL:

Nil

Nil

Nil

Nil

 

 

(b) Rights to subscribe for new securities

 

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

N/A

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

N/A

 

 

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

(a) Interests in IQGeo Group plc's ordinary shares of 2p each held by the directors of IQGeo Group plc:

 

Name

Number of Ordinary Shares

 

% of issued share capital

Paul Taylor

263,562

0.42

Haywood Chapman

96,228

0.15

Riccardo Petti

235,442

0.38

Robert Sansom

3,355,729

5.42

Ian Kershaw

97,117

0.15

Andrew MacLeod

104,103

0.16

Carolyn Rand

10,000

0.01

 

(b) Rights to subscribe for Interests in IQGeo Group plc's ordinary shares of 2p each held by the directors of IQGeo Group plc

 

Name

Type

Number of shares over which option held

Date of grant

Vesting date

Exercise price

Expiry date

Paul Taylor

Unapproved

121,000

15 June 2020

• 40,333 ordinary shares vesting 12 months from the date of grant;

• 40,333 ordinary shares vesting 24 months from the date of grant; and

• 40,334 ordinary shares vesting 36 months from the date of grant.

 

£0.460

10th anniversary of the grant date (expiring on 15 June 2030)

Haywood Chapman

EMI

307,407

2 December 2020

• 166,666 ordinary shares vesting 12 months from the date of grant;

• 140,741 ordinary shares vesting 24 months from the date of grant; and

• 0 ordinary shares vesting 36 months from the date of grant.

 

£0.675

10th anniversary of the grant date (expiring on 2 December 2030)

Unapproved

 

192,593

2 December 2020

• 0 ordinary shares vesting 12 months from the date of grant;

• 25,926 ordinary shares vesting 24 months from the date of grant; and

• 166,667 ordinary shares vesting 36 months from the date of grant.

 

£0.675

10th anniversary of the grant date (expiring on 2 December 2030)

Unapproved

 

180,000

30 July 2021

• 60,000 ordinary shares vesting 12 months from the date of grant;

• 60,000 ordinary shares vesting 24 months from the date of grant; and

• 60,000 ordinary shares vesting 36 months from the date of grant.

 

£1.050

10th anniversary of the grant date (expiring on 30 July 2031)

Unapproved

 

80,000

7 October 2022

• 26,666 ordinary shares vesting 12 months from the date of grant;

• 26,667 ordinary shares vesting 24 months from the date of grant; and

• 26,667 ordinary shares vesting 36 months from the date of grant.

 

£1.134

10th anniversary of the grant date (expiring on 7 October 2032)

Unapproved

 

90,000

24 July 2023

 

• 30,000 ordinary shares vesting 12 months from the date of grant;

• 30,000 ordinary shares vesting 24 months from the date of grant; and

• 30,000 ordinary shares vesting 36 months from the date of grant.

 

£2.100

10th anniversary of the grant date (expiring on 24 July 2033)

Riccardo Petti

EMI

399,998

15 June 2020

• 399,998 vesting 12 months from the date of grant

 

£0.460

10th anniversary of the grant date (expiring on 15 June 2030)

Unapproved

1,200,002

15 June 2020

• 133,335 ordinary shares vesting 12 months from the date of grant;

• 533,333 ordinary shares vesting 24 months from the date of grant; and

• 533,334 ordinary shares vesting 36 months from the date of grant.

 

£0.460

10th anniversary of the grant date (expiring on 15 June 2030)

Unapproved

150,000

30 July 2021

• 50,000 ordinary shares vesting 12 months from the date of grant;

• 50,000 ordinary shares vesting 24 months from the date of grant; and

• 50,000 ordinary shares vesting 36 months from the date of grant.

 

£1.050

10th anniversary of the grant date (expiring on 30 July 2031)

Unapproved

150,000

7 October 2022

• 50,000 ordinary shares vesting 12 months from the date of grant;

• 50,000 ordinary shares vesting 24 months from the date of grant; and

• 50,000 ordinary shares vesting 36 months from the date of grant.

 

£1.134

10th anniversary of the grant date (expiring on 7 October 2032)

Unapproved

160,000

24 July 2023

• 53,333 ordinary shares vesting 12 months from the date of grant;

• 53,333 ordinary shares vesting 24 months from the date of grant; and

• 53,334 ordinary shares vesting 36 months from the date of grant.

£2.100

10th anniversary of the grant date (expiring on 24 July 2033)

 

 

 

 

 

 

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

 

 

None

 

 

(b) Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, 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:

 

 

None

 

 

(c) Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

21 May 2024

Contact name:

Haywood Chapman

Telephone number:

+44 (0) 12 2360 6655

 

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.

 

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

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FEEZZGZKNMVGDZM
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29th May 202410:20 amRNSForm 8.5 (EPT/NON-RI)
28th May 20243:25 pmRNSForm 8.3 - IQGeo Group plc
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24th May 20241:30 pmRNSForm 8.5 (EPT/NON-RI)
24th May 202412:00 pmRNSForm 8.3 - IQGeo Group plc
24th May 202411:30 amRNSUpdate on LOI given by Charles Stanley & Co Ltd
24th May 202410:07 amRNSForm 8.3 - IQGeo Group plc
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23rd May 20243:25 pmRNSForm 8.3 - IQGeo Group plc
23rd May 202411:57 amRNSForm 8.3 - IQGeo Group plc
23rd May 202410:54 amPRNForm 8.3 - IQGEO GROUP PLC
22nd May 20244:47 pmRNSUpdate on LOI given by Charles Stanley & Co Ltd
22nd May 202412:10 pmRNSForm 8.3 - IQGeo Group plc
22nd May 202410:54 amRNSForm 8.3 - IQGeo plc
22nd May 202410:31 amRNSForm 8.3 - IQGeo Group plc
22nd May 20247:45 amRNSForm 8.5 (EPT/NON-RI)
21st May 20246:30 pmRNSForm 8 (OPD)
21st May 20245:47 pmRNSForm 8.3 - IQGeo Group plc
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21st May 202410:46 amRNSForm 8.5 (EPT/NON-RI)
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20th May 202411:27 amRNSForm 8.5 (EPT/NON-RI)
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