POL.L Regulatory News (POL)

5 Feb 2007 13:35

Douglas Conn05 February 2007 FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1.KEY INFORMATION Name of person dealing (Note 1) Douglas Conn Company dealt in Polaron PLC Class of relevant security to which the dealings being 10p Ordinarydisclosed relate (Note 2) Date of dealing 2 February 2007 2.INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a)Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities 265,000 1.69 (2) Derivatives (other than options) (3) Options and agreements to purchase/ sell Total 265,000 1.69 (b)Interests and short positions in relevant securities of the company, other than 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 (c)Rights to subscribe (Note 3) Class of relevant security: Details 3.DEALINGS (Note 4) (a)Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) Purchase 25,000 £0.79 (b)Derivatives transactions (other than options) Product Long/short Number of securities Price per unit name, (Note 6) (Note 7) (Note 5) e.g. CFD (c)Options transactions in respect of existing securities (i)Writing, selling, purchasing or varyingProduct Writing, Number of Exercise Type, Expiry Optionname, selling, securities price e.g. date moneye.g. purchasing, to which American, paid/call varying the option European receivedoption etc. relates etc. per unit (Note 7) (Note 5) (ii)Exercising Product name, e.g. call Number of Exercise price per unitoption securities (Note 5) (d)Other dealings (including new securities) (Note 4) Nature of transaction Details Price per unit (if applicable)(Note 8) (Note 5) 4.OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between theperson disclosing and any other person relating to the voting rights ofany relevant securities under any option referred to on this form orrelating to the voting rights or future acquisition or disposal of anyrelevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure 5 February 2007 Contact name Mike Callicott Telephone number 020 7553 9685 If a connected EFM, name of offeree/offeror with whichconnected If a connected EFM, state nature of connection (Note 10) Notes The Notes on Form 8.3 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