6 Jun 2019 12:08
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: | A&J Mucklow Group plc |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | A&J Mucklow Group plc (OFFEREE) |
(d) Is the discloser the offeror or the offeree? | OFFEREE |
(e) Date position held: The latest practicable date prior to the disclosure | 5 June 2019 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES If YES, specify which: LondonMetric Property plc (OFFEROR) |
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates
Class of relevant security:
| ||||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | NIL | 0.00 | NIL | 0.00 |
(2) Cash-settled derivatives:
| NIL | 0.00 | NIL | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | NIL | 0.00 | NIL | 0.00 |
TOTAL: | NIL | 0.00 | NIL | 0.00 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(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) Shares held by the directors of A&J Mucklow Group plc
Name | Number of Ordinary Shares of 25p each in the Offeree interested in | Percentage of total issued share capital (%) (excluding shares under option) of the Offeree
|
Rupert Mucklow | 735,060 | 1.16 |
David Wooldridge | 82,547 | 0.13 |
Ian Cornock | 3,938 | 0.01 |
James Retallack | 5,000 | 0.01 |
(b) Options over shares held by the directors of A&J Mucklow Group plc
Name | Date of Grant of awards | Number of Ordinary Shares of 25p each subject to the awards |
David Wooldridge | 07.12.15 | 25,917 |
03.10.16 | 33,990 | |
30.10.17 | 35,642 | |
09.10.18 | 33,890 |
(c) Shares held by other persons acting in concert with A&J Mucklow Group plc
Name | Number of Ordinary Shares of 25p each in the Offeree interested in | Percentage of total issued share capital (%) (excluding shares under option) of the Offeree
|
Mr A J Mucklow | 109,395 | 0.17 |
Mrs M A Hickman | 1,698,517 | 2.68 |
Mrs G Mucklow | 219,693 | 0.35 |
Mrs R Brown | 149,014 | 0.24 |
The Trustees of the MA Hickman 1988 Settlement | 1,000,000 | 1.58 |
The Trustees of the MA Hickman 1997 Settlement 'A' Account | 500,000 | 0.79 |
Sea Moss Enterprises Limited | 758,799 | 1.20 |
The Trustees of the Jothan Mucklow Settlement 'A' | 906,994 | 1.43 |
The Trustees of the Jothan Mucklow Settlement 'B' | 1,806,993 | 2.85 |
Raelwell Limited | 503,9881 | 0.80 |
Whittington Securities Limited | 85,4242 | 0.13 |
Other Mucklow Family Concert Party members3 | 2,621,8743 | 4.14 |
Notes
1. Raewell Limited holding excludes 85,994 Mucklow Ordinary Shares beneficially owned by Rupert Mucklow.
2. Whittington Securities Limited holding excludes 14,576 Mucklow Ordinary Shares beneficially owned by Rupert Mucklow.
3. Other members of the families of Albert Mucklow (Honorary President, previous Chairman and father of the Chairman) and Margaret A Hickman (aunt of the Chairman) who collectively hold an interest in 2,621,874 Mucklow Ordinary Shares representing 4.14 per cent of the issued ordinary share capital of the Offeree.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
N/A
|
(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: If there are no such agreements, arrangements or understandings, state "none" |
N/A
|
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) | NO |
Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 6 June 2019 |
| Contact name: | David Wooldridge Finance Director and Company Secretary |
| Telephone number: | 0121 504 2108 |
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.