TIDMMCRB
RNS Number : 1810C
MCB Finance Group PLC
14 January 2015
FORM 8 (OPD) - AMENDMENT TO SECTION 3
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: MCB Finance Group plc
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(b) Owner or controller of interests and short positions disclosed, if different from 1(a): N/A
The naming of nominee or vehicle companies is insufficient
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: MCB Finance Group plc
Use a separate form for each party to the offer
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(d) Is the party to the offer making the disclosure the offeror or the offeree? Offeree
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(e) Date position held: 18 November 2014
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(f) Has the party previously disclosed, or is it today disclosing, under the Code in respect No
of any other party to this offer?
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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 of 10 pence each
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Interests Short positions
------------------------------------------------- -------------------- ------------------
Number % Number %
------------------------------------------------- -------------- ---- ------------- ---
(1) Relevant securities owned and/or controlled: - - - -
------------------------------------------------- -------------- ---- ------------- ---
(2) Derivatives (other than options): - - - -
------------------------------------------------- -------------- ---- ------------- ---
(3) Options and agreements to purchase/sell: - - - -
------------------------------------------------- -------------- ---- ------------- ---
- - - -
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: Nil
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Details, including nature of the rights concerned and relevant percentages: Nil
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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):
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Nil
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3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
This section 3.1 amends the announcement made by MCB Finance
Group plc on 2 December 2014 with respect to the number of shares
in the Offeree held by Rami Ryhanen.
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:
3.1 Interests in shares of the Offeree held by directors of the
Offeree
Director No of Shares in Offeree % of total issued
share capital
------------------- ------------------------ ------------------
Henry Nilert 1,228,222 6.94%
------------------- ------------------------ ------------------
Philippe Duleyrie 803,961 4.54%
------------------- ------------------------ ------------------
Rami Ryhanen 124,542 0.70%
------------------- ------------------------ ------------------
3.2 Directors' rights to subscribe for shares in the Offeree
Director Date of Original Unexpired Number of Option Price
grant number number of shares under (GBP)
of shares shares under option currently
subject option time vested
to option
------------------- ------------ ----------- -------------- ------------------ -------------
Henry Nilert 05/02/2007 151,000 151,000 151,000 0.50
------------------- ------------ ----------- -------------- ------------------ -------------
28/07/2011 125,000 85,938 62,500 0.54*
-------------------------------- ----------- -------------- ------------------ -------------
28/07/2011 125,000 85,938 62,500 0.76*
-------------------------------- ----------- -------------- ------------------ -------------
Rami Ryhanen 05/02/2007 241,000 241,000 241,000 0.41
------------------- ------------ ----------- -------------- ------------------ -------------
05/02/2007 151,000 151,000 151,000 0.50
-------------------------------- ----------- -------------- ------------------ -------------
28/07/2011 125,000 85,938 62,500 0.54*
-------------------------------- ----------- -------------- ------------------ -------------
28/07/2011 125,000 85,938 62,500 0.76*
-------------------------------- ----------- -------------- ------------------ -------------
Anton Mayr 28/07/2011 53,750 36,953 26,875 0.54*
------------------- ------------ ----------- -------------- ------------------ -------------
28/07/2011 53,750 36,953 26,875 0.76*
-------------------------------- ----------- -------------- ------------------ -------------
Philippe Duleyrie 28/07/2011 53,750 36,953 26,875 0.54*
------------------- ------------ ----------- -------------- ------------------ -------------
28/07/2011 53,750 36,953 26,875 0.76*
-------------------------------- ----------- -------------- ------------------ -------------
Options vest on a time contingent basis from the date of
grant.
* Option is currently subject to a "trigger price" whereby
(subject to the impact of any potential change of control) the
option will only be exercisable provided that the shares subject to
that option are traded at an average price above GBP1.50 for a
period of 20 days.
3.3 Interests in shares of the Offeree held by persons (other
than directors of the Offeree) who are acting in concert, or are
deemed to be acting in concert, with the Offeree
Name Number of Shares % of total issued
in Offeree share capital
---------------- ----------------- ------------------
William Nilert 30,000 0.17%
---------------- ----------------- ------------------
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
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(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"
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None
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(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) No
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Supplemental Form 8 (SBL) No
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Date of disclosure: 2 December 2014
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Contact name: Henry Nilert, Company Secretary
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Telephone number: +358 451 370 065
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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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