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Form 8.3 - Southern Cross

1 Sep 2010 09:57

RNS Number : 9507R
UBS Global Asset Management*
01 September 2010
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ο»Ώ

FORM 8.3

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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")PUBLIC OPENING POSITION

DISCLOSURE/DEALING DISCLOSURE BY

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1. KEY INFORMATION

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(a) Identity of the person whose positions/dealings UBS Global Asset Management *

are being disclosed:

(b) Owner or controller of interests and short

positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is

insufficient

(c) Name of offeror/offeree in relation to whose Southern Cross Healthcare Group Plc

relevant securities this form relates:

(d) If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree: Southern Cross is a client of the UBS Investment Bank

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(e) Date position held/dealing undertaken: 31 August 2010

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(f) Has the discloser previously disclosed, or are Yes

they today disclosing, under the Code in respect of

any other party to this offer?

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2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

which the disclosure relates following the dealing (if any)

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Class of relevant security: ORD GBP0.01

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Interests Short positions

Number % Number %

(1) Relevant securities owned 5,584,093 2.97 0.00 0.00

and/or controlled:

(2) Derivatives (other than 0.00 0.00 0.00 0.00

options):

(3) Options and agreements to 0.00 0.00 0.00 0.00

purchase/sell:

TOTAL: 5,584,093 2.97 0.00 0.00

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All interests and all short positions should be disclosed.

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Details of any open derivative or option positions, or agreements to purchase or sell relevant

securities, should be given on a Supplemental Form 8 (Open Positions).

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(b) Rights to subscribe for new securities (including directors' and other executive

options)

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Class of relevant security in relation to

which subscription right exists:

Details, including nature of the rights

concerned and relevant percentages:

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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.

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3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

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(a) Purchases and sales

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Class of relevant Purchase/sale Number of securities Price per unit

security

ORD GBP0.01 Sale 216,028 GBP 0.29

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(b) Derivatives transactions (other than options)

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Class of relevant Product Nature of dealing Number of Price per unit

security description e.g. opening/closing a reference

e.g. CFD long/short position, securities

increasing/reducing a

long/short position

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(c) Options transactions in respect of existing securities

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(i) Writing, selling, purchasing or varying

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Class Product Writing, Number Exercise Type Expiry Option

of description purchasing, of price e.g. date money

relevant e.g. call option selling, securities per unit American, paid/

security varying etc. to which European received

option etc. per unit

relates

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(ii) Exercising

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Class of relevant Product description Number of Exercise price per

security e.g. call option securities unit

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

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Class of relevant Nature of dealing Details Price per unit (if

security e.g. subscription, conversion applicable)

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

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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.

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4. OTHER INFORMATION

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(a) Indemnity and other dealing arrangements

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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 person making the disclosure and any party to

the offer or any person acting in concert with a party to the offer:

If there are no such agreements, arrangements or understandings, state "none"

None

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

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Details of any agreement, arrangement or understanding, formal or informal, between

the person 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:

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None

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(c) Attachments

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Is a Supplemental Form 8 (Open Positions) attached? NO

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Date of disclosure: 1 September 2010

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Contact name: Miss Kirsty Lahmar

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Telephone number: +44 20 7901 5887

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Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service

and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk . 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.

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

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* this report is on behalf of:

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UBS Global Asset Management (Americas) Inc

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UBS AG (UBS Global Asset Management operating in Switzerland)

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UBS Global Asset Management (UK) Ltd

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UBS Global Asset Management (Hong Kong) Ltd

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UBS Global Asset Management (Singapore) Ltd

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UBS Global Asset Management (Taiwan) Ltd

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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