TNG.L Regulatory News (TNG)

4 Apr 2008 11:30

Hargreave Hale Ltd04 April 2008 FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION Name of person dealing (Note 1) HARGREAVE HALE LIMITED (for Discretionary Clients) Company dealt in Tangent Communcations PLC Class of relevant security to which the dealings ORDINARY SHARESbeing disclosed relate (Note 2) Date of dealing 3 April 2008 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevantsecurity dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities 11,323,680 6.8229% NONE (2) Derivatives (other than options) 150,000 0.903% NONE (3) Options and agreements to purchase/sell NONE NONE Total 11,473,680 6.9132% NONE (b) Interests and short positions in relevant securities of the company, otherthan the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities NONE NONE (2) Derivatives (other than options) NONE NONE (3) Options and agreements to purchase/sell NONE NONE Total NONE NONE (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 150,000 8.75pPURCHASE 50,000 8.875PSOLD 200,000 8.75P (b) Derivatives transactions (other than options) Product Long/short (Note Number of securities (Note Price per unit (Notename, 6) 7) 5)e.g. CFDNONE (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product Writing, Number of Exercise Type, e.g. Expiry Optionname, selling, securities to American, money purchasing, which the option European varying etc. relates (Note 7) etc.e.g. price date paid/call receivedoption per unit (Note 5)NONE (ii) Exercising Product name, e.g. call Number of Exercise price per unit (Noteoption securities 5)NONE (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5)NONE 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated.NONE Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure 4 APRIL 2008 Contact name DAVID CLUEIT Telephone number 01253 754739 If a connected EFM, name of offeree/ TMN GROUP PLCofferor with which connected If a connected EFM, state nature of HARGREAVE HALE LIMITED IS AN ASSOCIATEconnection (Note 10) OF INVESTEC BANK UK LIMITED. 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