BONH Bonhill Group Plc

 
TIDMBONH 
 

Downing Strategic Micro-Cap Investment Trust Plc (the "Company")

LEI: 213800QMYPUW4POFFX69

26 October 2022

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
(a) Full name of discloser:                                       Downing LLP 
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(b) Owner or controller of interests and short positions          Client funds 
 disclosed, if different from 1(a):                               managed by 
 The naming of nominee or vehicle companies is insufficient.      Downing LLP 
 For a trust, the trustee(s), settlor and beneficiaries 
 must be named. 
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(c) Name of offeror/offeree in relation to whose relevant         Bonhill 
 securities this form relates:                                    Group Plc 
 Use a separate form for each offeror/offeree 
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(d) If an exempt fund manager connected with an offeror/offeree,  n/a 
 state this and specify identity of offeror/offeree: 
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(e) Date position held/dealing undertaken:                        25 October 
 For an opening position disclosure, state the latest             2022 
 practicable date prior to the disclosure 
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(f) In addition to the company in 1(c) above, is the               NO 
 discloser making disclosures in respect of any other 
 party to the offer? 
 If it is a cash offer or possible cash offer, state 
 "N/A" 
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   2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE 
   (a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) 
 
Class of relevant security:                              Ordinary shares 1p 
--------------------------------------------------  ----------------------------- 
                                                                         Short 
                                                       Interests       positions 
                                                    ----------------  ----------- 
                                                      Number     %    Number   % 
--------------------------------------------------  ----------  ----  ------  --- 
(1) Relevant securities owned and/or controlled:    15,859,857  13.3 
--------------------------------------------------  ----------  ----  ------  --- 
(2) Cash-settled derivatives: 
--------------------------------------------------  ----------  ----  ------  --- 
(3) Stock-settled derivatives (including options) 
 and agreements to purchase/sell: 
--------------------------------------------------  ----------  ----  ------  --- 
 
  TOTAL:                                            15,859,857  13.3 
--------------------------------------------------  ----------  ----  ------  --- 
 
   (b)        Rights to subscribe for new securities (including directors' and other employee options) 
 
Class of relevant security in relation to which subscription 
 right exists: 
------------------------------------------------------------ 
Details, including nature of the rights concerned 
 and relevant percentages: 
------------------------------------------------------------ 
 
   3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 
   (a)        Purchases and sales 
 
    Class of relevant      Purchase/sale  Number of securities  Price per unit 
        security 
-------------------------  -------------  --------------------  -------------- 
Ordinary                   Sale           30,000                3.675p 
-------------------------  -------------  --------------------  -------------- 
 
   (b)        Cash-settled derivative transactions 
 
Class of  Product description                         Nature of dealing                          Number of   Price 
relevant        e.g. CFD        e.g. opening/closing a long/short position, increasing/reducing  reference    per 
security                                             a long/short position                       securities  unit 
--------  -------------------  ----------------------------------------------------------------  ----------  ----- 
 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
Class of    Product     Writing,    Number of   Exercise              Type               Expiry   Option 
relevant  description  purchasing,  securities   price     e.g. American, European etc.   date    money 
security   e.g. call    selling,     to which     per                                             paid/ 
            option       varying      option      unit                                           received 
                          etc.       relates                                                       per 
                                                                                                   unit 
--------  -----------  -----------  ----------  --------  -----------------------------  ------  -------- 
 
 
   (ii)        Exercise 
 
  Class of     Product description  Exercising/     Number of      Exercise 
  relevant       e.g. call option    exercised     securities      price per 
  security                            against                        unit 
-------------  -------------------  ------------  -------------  ------------- 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
Class of relevant         Nature of dealing         Details   Price per unit 
     security        e.g. subscription, conversion            (if applicable) 
------------------  ------------------------------  -------  ----------------- 
 
 
   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 
 person making the disclosure and any party to the 
 offer or any person acting in concert with a party 
 to the offer: 
 Irrevocable commitments and letters of intent should 
 not be included. 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 person making the 
 disclosure 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" 
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  None 
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   (c)        Attachments 
 
Is a Supplemental Form 8 (Open Positions) attached?  NO 
--------------------------------------------------- 
 
 
Date of disclosure:      26.10.2022 
--------------------  ---------------- 
Contact name:         Grant Whitehouse 
--------------------  ---------------- 
Telephone number*:       0207 416 7780 
--------------------  ---------------- 
 
 
 

(END) Dow Jones Newswires

October 26, 2022 08:53 ET (12:53 GMT)

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