RNS Number : 3086A
  Arden Partners plc
  31 July 2008
   
                                            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)               Arden Partners plc
                                                
 Company dealt in                              Business Direct Group plc
                                                
 Class of relevant security to which the       Ordinary Shares of 1 pence each
 dealings being disclosed relate (Note 2)
  
 Date of dealing                               30 July 2008


    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                10,914            0.01%

 (2) Derivatives (other than options)

 (3) Options and agreements to
 purchase/sell

 Total                                  10,914            0.01%


    (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                                      NIL


    (c)    Rights to subscribe (Note 3)

 Class of relevant security:  Details

                              NIL


    3.    DEALINGS (Note 4)

    (a)    Purchases and sales

 Purchase/sale  Number of securities  Price per unit (Note 5)

 Sale           189,052               0.25 pence
 Sale           266,666               0.30 pence
 Sale           150,031               0.32 pence
 Sale           250,000               0.40 pence
 Sale           113,964               0.43 pence
 Sale           16,666                0.60 pence



    (b)    Derivatives transactions (other than options)

 Product name,   Long/short (Note 6)  Number of securities  Price per unit (Note 5)
 e.g. CFD                             (Note 7)
 NIL




    (c)    Options transactions in respect of existing securities
    (i)    Writing, selling, purchasing or varying

 Product name,  Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry   Option money
 e.g. call      purchasing, varying   to which the option   price     European etc.         date     paid/received per
 option         etc.                  relates (Note 7)                                               unit (Note 5)

 NIL


    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 5)
 NIL


    (d)    Other dealings (including new securities) (Note 4)

 Nature of transaction (Note 8)  Details  Price per unit (if applicable) (Note
                                          5) 
 NIL














    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.  

 NONE



    Is a Supplemental Form 8 attached? (Note 9)                NO


 Date of disclosure                                 31 July 2008
                                                     
 Contact name                                       Steven Douglas
                                                     
 Telephone number                                   0121 423 8943
                                                     
 Name of offeree/offeror with which associated      Business Direct Group plc
                                                     
 Specify category and nature of associate status    Connected Adviser
 (Note 10)


    Notes

    The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
DCCSDWSUFSASEFW

Business Direct (LSE:BDG)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Business Direct Charts.
Business Direct (LSE:BDG)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Business Direct Charts.