NNG Newport Network

    RNS Number : 5997F
  Mohammed Seedat
  10 October 2008
   

                                           FORM 8.3                        
    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE 
    (Rule 8.3 of the Takeover Code)


    1.    KEY INFORMATION

 Name of person dealing  (Note   Mohammed Seedat
 1)
 Company dealt in                Newport networks
 Class of relevant security to   Ord 0.1p
 which the dealings being
 disclosed relate (Note 2)
 Date of dealing                 9 October in addition
                                 Mohammed has dealt on
                                 previous date during
                                 offer period as attached
                                 at the end of this form


    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         7177700             
                                                1.95
 (2) Derivatives (other than
 options)

 (3) Options and agreements to
 purchase/sell

 Total                           7177700             
                                                 1.95

    (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


    (c)    Rights to subscribe (Note 3)

 Class of relevant security:  Details





    3.    DEALINGS (Note 4)

    (a)    Purchases and sales

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

 Purchase 9 Oct               100000   0.17
 Purchase 8 Oct                103804  0.17
 Purchase 6 Oct               1003000  0.16
 Purchase 2 Oct                259000  0.14
 Purchase 1 Oct                600000  0.12
 Purchase 1 Oct               734196   0.15
 Purchase 1 Oct               1000000  0.09



    (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)





    (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) 




    (ii)    Exercising

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




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

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













    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.  






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


 Date of disclosure
 Contact name                                      Mohammed Seedat ,10 October
 Telephone number                                  01924471383
 If a connected EFM, name of offeree/offeror with
 which connected
 If a connected EFM, state nature of connection
 (Note 10)


    Notes

    The Notes on Form 8.3 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 
 
RETXBLFFVBBBFBK

Newport Networks (LSE:NNG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Newport Networks (LSE:NNG)
Historical Stock Chart
From Jul 2023 to Jul 2024