Irish Continental Group Plc

16 Apr 2007 11:52

Cantor Fitzgerald Europe16 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 16th 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 13th April 2007 Dealing in Irish Continental Group Plc (1) Class of securities: Ordinary Shares (2) Amount bought Amount sold Price per unit 20,000 20.752521,998 20.750043,996 20.7500 (3) Resultant total of the same class owned or controlled (and percentage of class) 4,331,330 18.43% *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: 16th April 2007 Form 8 Enclosure Cantor Fitzgerald Europe is the beneficial owner of 4,331,330 Irish ContinentalGroup plc ordinary shares. 4,331,330 of these shares are held to hedge Contractfor Difference ("CFD") positions for clients. There is a written agreement entered into on 13 April 2007 between One51 CapitalLimited, Doyle Group Ltd and Cantor Fitzgerald Europe under which One51 CapitalLimited and Doyle Group Ltd (1) control Cantor Fitzgerald Europe's voting rightsin relation to the underlying Irish Continental Group shares owned by CantorFitzgerald Europe to hedge the CFDs entered into with One51 Capital Limited andDoyle Group Ltd. and (2) are entitled to acquire the beneficial interest in suchIrish Continental Group shares. This agreement of 13 April 2007 replaces thewritten agreement of 3 April 2007 between One51 Capital Limited and CantorFitzgerald Europe. The number of underlying shares to which the agreementrelates is currently 2,642,189 Irish Continental Group shares for One51 CapitalLimited and 1,492,217 Irish Continental Group shares for Doyle Group Ltd. Thisagreement is open-ended and the prices at which One51 Capital Limited and DoyleGroup Ltd are entitled to acquire the underlying shares to which the agreementrelates are the reference prices per Irish Continental Group shares as set outin the table below. This arrangement does not apply to the other 196,924 sharesheld by Cantor Fitzgerald 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. The holder of a Long CFD contract will realise a gain if the price of theunderlying security goes up. The holder of a Short CFD contract will realise again if the price of the 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 Long CFDs and/or Spread bets. The CFD contracts are open-ended and there is no rollover into new contracts. Contracts for Differences Disclosure Date: 16/04/07 Irish Continental Group Plc Cantor Reference Fitzgerald Underlying Number PriceProduct Name Date Executed Buy/Sell Of Shares EURIrish Continental Group Plc 08/02/07 Sell 19627 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 CFDIrish Continental Group Plc 12/04/07 Sell 306667 20.75Long CFDIrish Continental Group Plc 12/04/07 Sell 153333 20.75Long CFDIrish Continental Group Plc 13/04/07 Sell 21998 20.75Long CFDIrish Continental Group Plc 13/04/07 Sell 43996 20.75Long CFD 4331330 This information is provided by RNS The company news service from the London Stock Exchange