TIDMCPP

RNS Number : 2347Y

CPPGroup Plc

27 November 2014

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Identity of the party to the offer making the disclosure:                                 CPPGROUP PLC 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a): 
  The naming of nominee or vehicle companies is insufficient                                     N/a 
                                                                                              ------------------------ 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:       CPPGROUP PLC 
  Use a separate form for each party to the offer 
                                                                                              ------------------------ 
 (d) Is the party to the offer making the disclosure the offeror or the offeree?               OFFEREE 
                                                                                              ------------------------ 
 (e) Date position held:                                                                       27 NOVEMBER 2014 
                                                                                              ------------------------ 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in          NO 
 respect                                                                                        If YES, specify which: 
 of any other party to this offer? 
                                                                                              ------------------------ 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 

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

 
 Class of relevant security:                        Ordinary shares 
                                                     Interests     Short positions 
                                                   ------------  ------------------ 
                                                    Number    %      Number      % 
                                                   --------      -------------  --- 
 (1) Relevant securities owned and/or controlled:     NIL             NIL 
                                                   --------      -------------  --- 
 (2) Derivatives (other than options):                NIL             NIL 
                                                   --------      -------------  --- 
 (3) Options and agreements to purchase/sell:         NIL             NIL 
                                                   --------      -------------  --- 
 
   TOTAL: 
                                                   --------      -------------  --- 
 

All interests and all short positions should be disclosed.

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   (b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:    Not applicable 
 Details, including nature of the rights concerned and relevant percentages:   Not applicable 
                                                                              --------------- 
 

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.

   (c)        Irrevocable commitments and letters of intent 
 
 Details of any irrevocable commitments or letters of intent procured by the party to the offer 
  making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of 
  the Code): 
 
   None 
 
   3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE 
 
 Details of any interests, short positions and rights to subscribe of any person acting in 
  concert with the party to the offer making the disclosure: 
 
   See below 
 

3.1 Director shareholdings in CPPGroup Plc Ordinary Shares

 
 Director           Beneficial   Percentage of issued 
                       Holding          share capital 
 Duncan McIntyre        13,340          0.0078 
 Les Owen               22,984          0.0134 
                   -----------  --------------------- 
 

3.2 Directors' options in CPPGroup Plc Ordinary Shares:

Long Term Incentive Plans

 
 Director           Date of     Number of    Option       Exercise Period 
                     Grant       Options     Exercise 
                                              Price 
 Brent Escott      31/12/2013   1,150,000        0.00   31/12/15 - 30/12/25 
 Craig Parsons     31/12/2013         600        0.00   31/12/15 - 30/12/25 
                   16/05/2012     106,915        0.00   16/05/15 - 15/05/22 
 ----------------------------  ----------  ----------  -------------------- 
 

Legacy Plans

 
 Director         Date of     Number of   Option Exercise    Expiry 
                    Grant      Options         Price          Date 
 Craig Parsons   21/12/2009      41,864    228.3481 pence   20/12/19 
                 19/06/2008      40,000    179.3385 pence   19/06/18 
                -----------  ----------  ----------------  --------- 
 

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 3 for each additional class of relevant security.

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   4.         OTHER INFORMATION 
   (a)        Indemnity and other dealing arrangements 
 
 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 party to the offer making the disclosure or any person acting 
  in concert with it: 
  If there are no such agreements, arrangements or understandings, state "none" 
 
   None 
 
   (b)        Agreements, arrangements or understandings relating to options or derivatives 
 
 Details of any agreement, arrangement or understanding, formal or informal, between the party 
  to the offer making the disclosure, or any person acting in concert with it, 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: 
  If there are no such agreements, arrangements or understandings, state "none" 
 
   None 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
 Supplemental Form 8 (SBL)              NO 
                                       --- 
 
 
 Date of disclosure:    27 November 2014 
 Contact name:          Lorraine Beavis 
                       ----------------- 
 Telephone number:      01904 545395 
                       ----------------- 
 

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.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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