Irish Continental Group Plc

11 Apr 2007 12:00

Cantor Fitzgerald Europe11 April 2007 FORM 8.1/8.3 IRISH TAKEOVER PANEL Lodge with the Stock Exchange (which may publicise) and with the Panel. Use separate form for each class of securities in which dealings have been made. Date of disclosure 11th April 2007 DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(i) and 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2001 Date of Dealing 10th April 2007 Dealing in Irish Continental Group Plc (1) Class of securities: Ordinary Shares (2) Amount bought Amount sold Price per unit2,056,304 20.500 226,804 20.500 (3) Resultant total of the same class owned or controlled (and percentage of class) 3,833,336 16.31% *In addition, Cantor Fitzgerald Europe (and affiliates) are party tocertain CFDs ( see below) (4) Party making disclosure Cantor Fitzgerald Europe (5) EITHER (a) Name of purchaser/vendor (Note 1) OR (b) If dealing for discretionary client(s), name of fund management organisation .............................................................................. (6) Reason for disclosure (Note 2) (a) (i) offeror or associate of offeror (Note 3) NO (ii) offeree or associate of offeree YES Specify which category or categories of associate ((a) to (l) page 3/4) ......(i)........................ If category (l), explain.............................................................................. (b) Rule 8.3 (i.e. disclosure because of ownership or control of 1% or more theclass of relevant securities dealt in) YES Signed, for and on behalf of the party named in (4) above.................................................. (Also print name of signatory) Ross Tanton Telephone and extension number: 0207 894 7214 / rtanton@cantor.co.uk Date of Disclosure: 10th April 2007 Form 8 Enclosure Cantor Fitzgerald Europe is the beneficial owner of 3,833,336 Irish ContinentalGroup plc ordinary shares. 3,833,336 of these shares are held to hedge Contractfor Difference ("CFD") positions for clients. There is a written agreement entered into on 3 April 2007 between One51 CapitalLimited, 151 Thomas Street, Dublin 8, Ireland and Cantor Fitzgerald Europe underwhich One51 Capital Limited (1) controls Cantor Fitzgerald Europe's votingrights in relation to the underlying Irish Continental Group shares owned byCantor Fitzgerald Europe to hedge the CFDs entered into with One51 CapitalLimited. and (2) is entitled to acquire the beneficial interest in such IrishContinental Group shares. The number of underlying shares to which thisagreement relates is currently 2,466,858 Irish Continental Group shares. Thisagreement is open-ended and the prices at which One51 Capital Limited. isentitled to acquire the underlying shares to which the agreement relates are thereference prices per Irish Continental Group share as set out in the table belowless any margin payments to be made or which have been made by One51 CapitalLimited to Cantor Fitzgerald Europe in respect of the relevant CFDs. Thisarrangement does not apply to the other 1,366,478 shares held by CantorFitzgerald Europe. A Long CFD is a product where the client to whom the product is sold is taking along economic interest in the underlying share price such that the client canrealise a gain if the price of the underlying securities rises above thereference price. A purchaser of a CFD contract will realise a gain if the price of the underlyingsecurity goes up. A seller of a CFD contract will realise a gain if the price ofthe underlying security goes down. Other than as set out above, there are no written or oral agreements betweenCantor Fitzgerald Europe and any clients concerning the control of voting rightsin relation to the underlying shares used to hedge the CFDs and Spreadbets. The CFD contracts are open-ended and there is no rollover into new contracts. Contracts for Differences Disclosure Date: 11/04/07 Irish Continental Group Plc Cantor Reference Fitzgerald Underlying Number PriceProduct Name Date Executed Buy/Sell Of Shares EURIrish Continental Group Plc 06/02/07 Sell 10627 15.95Long CFDIrish Continental Group Plc 07/02/07 Sell 2000 15.7Long CFDIrish Continental Group Plc 07/02/07 Sell 3750 15.7Long CFDIrish Continental Group Plc 08/02/07 Sell 6250 15.75Long CFDIrish Continental Group Plc 08/02/07 Sell 25000 15.65Long CFDIrish Continental Group Plc 13/02/07 Sell 5000 16.05Long CFDIrish Continental Group Plc 14/02/07 Sell 200 16Long CFDIrish Continental Group Plc 15/02/07 Sell 2500 16.2Long CFDIrish Continental Group Plc 15/02/07 Sell 2500 16.25Long CFDIrish Continental Group Plc 20/02/07 Sell 550 16.3Long CFDIrish Continental Group Plc 07/03/07 Sell 4000 15.6Long CFDIrish Continental Group Plc 09/03/07 Sell 1500 19.28Long CFDIrish Continental Group Plc 12/03/07 Sell 52000 19.15Long CFDIrish Continental Group Plc 15/03/07 Sell 5200 19.3Long CFDIrish Continental Group Plc 19/03/07 Sell 10000 19.8Long CFDIrish Continental Group Plc 20/03/07 Sell 50000 19.9813Long CFDIrish Continental Group Plc 23/03/07 Sell 15000 20Long CFDIrish Continental Group Plc 16/03/07 Sell 3000 19.3Long CFDIrish Continental Group Plc 21/03/07 Sell 2000 20.0625Long CFDIrish Continental Group Plc 28/03/07 Sell 10000 20Long CFDIrish Continental Group Plc 03/04/07 Sell 1325304 19.5Long CFDIrish Continental Group Plc 16/03/07 Sell 3000 19.55Long CFDIrish Continental Group Plc 16/03/07 Sell 1450 19.5Long CFDIrish Continental Group Plc 21/03/07 Sell 5000 20Long CFDIrish Continental Group Plc 22/03/07 Sell 550 20.25Long CFDIrish Continental Group Plc 03/04/07 Sell 3847 19.2Long CFDIrish Continental Group Plc 10/04/07 Sell 1028152 20.5Long CFDIrish Continental Group Plc 10/04/07 Sell 1028152 20.5Long CFDIrish Continental Group Plc 10/04/07 Sell 113402 20.5Long CFDIrish Continental Group Plc 10/04/07 Sell 113402 20.5Long CFD 3833336 This information is provided by RNS The company news service from the London Stock Exchange