Last checked at 19 Jan 2010 15:31
FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the Takeover Code)
1. KEY INFORMATION
| Name of person dealing (Note 1) | Thalassa Holdings Ltd and CityPoint Holdings Limited
|
| Company dealt in | Renewable Power and Light plc
|
| Class of relevant security to which the dealings being disclosed relate (Note 2)
| 1p Ordinary Shares |
| Date of dealing | 18 January 2010 |
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 | 26,487,430 29.8 | |
| (2) Derivatives (other than options) | ||
| (3) Options and agreements to purchase/sell | ||
| Total | 26,487,430 29.8 |
(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 | 26,487,430 | £0.03 |
(b) Derivatives transactions (other than options)
| Product name, e.g. CFD | Long/short (Note 6) | Number of securities (Note 7) | Price per unit (Note 5) |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
| Product name, e.g. call option | Writing, selling, purchasing, varying etc. | Number of securities to which the option relates (Note 7) | Exercise price | Type, e.g. American, European etc. | Expiry date | Option money paid/received per unit (Note 5) |
(ii) Exercising
| Product name, e.g. call option | Number of securities | Exercise price per unit (Note 5) |
(d) Other dealings (including new securities) (Note 4)
| Nature of transaction (Note 8) | Details | Price per unit (if applicable) (Note 5) |
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
| Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
| Thalassa Holdings Ltd is deemed to be acting in concert with CityPoint Holdings Ltd by virtue of Thalassa Holdings Ltd holding more than 20 per cent. of the issued share capital of CityPoint Investments plc, the parent undertaking of CityPoint Holdings Ltd. |
Is a Supplemental Form 8 attached? (Note 9) YES
| Date of disclosure | 19 January 2010
|
| Contact name | Duncan Soukup
|
| Telephone number | +33 6 78 63 26 89
|
| Name of offeree/offeror with which associated | Thalassa Holdings Ltd and City Pont Holdings Limited
|
| Specify category and nature of associate status (Note 10) | Concert Party |
Notes
The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. KEY INFORMATION
| Identity of person whose open positions are being disclosed: | Thalassa Holdings Ltd and Citypoint Holdings Ltd |
| Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | Renewable Power and Light plc |
2. OPTIONS AND DERIVATIVES
| Class of relevant security | Product description e.g. call option | Written or purchased | Number of securities to which option or derivative relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date |
3. AGREEMENTS TO PURCHASE OR SELL ETC.
| Full details should be given so that the nature of the interest or position can be fully understood: |
| The transaction reported on Form 8.3 relating to the purchases by Thalassa Holdings Ltd and Citypoint Holdings Ltd of 9,827,430 and 16,660,000 respectively were executed at a price of £0.03 per share. However Thalassa Holdings Ltd and Citypoint Holdings Ltd are required to make a further payment to the vendor equal to 80% of the net asset value per share should that value exceed £0.03 per share, subject to a maximum additional consideration payment of £0.01 per share. |
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences ("CFDs") or spread bets.
The currency of all prices and other monetary amounts should be stated.
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.