Paypoint Regulatory News (PAY)

23 Dec 2022 09:01

Form 8 (DD) - PayPoint Plc

FORM 8 (DD)

PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)Rules 8.1, 8.2 and 8.4 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Alan Dale
(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 andbeneficiaries 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	PayPoint Plc, the Offeror
(d) Status of person making the disclosure:e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree)	Person acting in concert with the Offeror
(e) Date dealing undertaken:	22 December 2022
(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”	No

2. POSITIONS OF THE PERSON 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 following the dealing

Class of relevant security:	Ordinary shares of 1/3 pence each in PayPoint plc
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	12,460	0.0180	Nil	0
(2) Cash-settled derivatives:	Nil	0	Nil	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	0	Nil	0
TOTAL:	12,460*	0.0180	Nil	0

* Includes 3000 shares held by Sylvia Dale (spouse of Alan Dale).

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 (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	Ordinary shares of 1/3 pence each in PayPoint plc
Details, including nature of the rights concerned and relevant percentages:* SIP Awards are made on a monthly basis on the basis of one Matching Share for each Partnership Share. The beneficial ownership of the Matching Shares will pass to the directors listed above three years’ following their grant and subject to continued employment and the retention of the underlying Partnership Shares.		Restricted Share Award (RSA)	9,274	Jul 2023	Nil
		RSA	14,857	Aug 2024	Nil
		RSA	16,447	Jun 2025	Nil
		RSA	7,428	Aug 2025	Nil
		RSA	8,223	Jun 2026	Nil
		RSA	7,429	Aug 2026	Nil
		RSA	8,224	Jun 2027	Nil
		Deferred Annual Bonus Scheme (DABS)	7,231	Aug 2024	Nil
		DABS	10,625	Jun 2025	Nil
		Share Incentive Plan*	2,780*	N/A	Nil

3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales (i) Party to an offer or person acting in concert (except for a principal trader in the same group as a connected adviser)

Class of relevant security

Purchase/sale

Number of securities

Price per unit

N/a

(ii) Principal trader where the sole reason for the connection is that the principal trader is in the same group as a connected adviser

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
N/a

(b) Cash-settled derivative transactions

Class of relevant security	Product descriptione.g. CFD	Nature of dealinge.g. opening/closing a long/short position, increasing/reducing along/short position	Number of reference securities	Price per unit
N/a

(c) Stock-settled derivative transactions (including options) (iii) Writing, selling, purchasing or varying

Class of relevant security	Product descriptione.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to whichoption relates	Exercise price per unit	Typee.g.American, European etc.	Expiry date	Option money paid/ received per unit
N/a

(iv) Exercise

Class ofrelevant security	Product descriptione.g. call option	Exercising/exercised against	Number of securities	Exercise price per unit
N/a

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealinge.g. subscription, conversion	Details	Price per unit (if applicable)
Ordinary 1/3p share	Grant of share awards	Grant of share awards pursuant to Share Incentive Plan in relation to 50 ordinary shares	N/a

4. OTHER INFORMATION (a) Indemnity and other dealing arrangements

(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 or person acting in concert making the disclosure 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”

None

(c) AttachmentsAre any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	No
Supplemental Form 8 (SBL)	No

Date of disclosure:	23 December 2022
Contact name:	Brian McLelland
Telephone number:	07721211100

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 dealing disclosure requirements on +44 (0)20 7638 0129.

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