O Twelve Estates Limited O Twelve Estates Form 8 (OPD) (3696G)
June 28 2012 - 7:09AM
UK Regulatory
TIDMOTE
RNS Number : 3696G
O Twelve Estates Limited
28 June 2012
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: O TWELVE ESTATES LIMITED
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(b) Owner or controller of interests and short positions disclosed, if different from N/A
1(a):
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: O TWELVE ESTATES LIMITED
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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: 28 JUNE 2012
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(f) Has the party previously disclosed, or is it today disclosing, under the Code in NO
respect
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:
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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:
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NIL NIL
TOTAL:
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(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: NIL
---------------------------------------------------------------------------- ----
Details, including nature of the rights concerned and relevant percentages: NIL
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(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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Director Number of O Twelve Number of % of issued
Shares share capital
---------------- ------------------- ----------------------
Phillip Rhodes 588,000 0.12
---------------- ------------------- ----------------------
Howard Stanton 221,000 0.05
---------------- ------------------- ----------------------
Quentin Spicer 25,000 0.01
---------------- ------------------- ----------------------
Richard Barnes 196,000 0.04
---------------- ------------------- ----------------------
Peter Radford 40,000 0.01
---------------- ------------------- ----------------------
These irrevocable undertakings will continue to be binding even if a competing offer is made
for O Twelve which exceeds the value of the Offer and even if such higher offer is recommended
for acceptance by the O Twelve Directors.
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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:
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The O Twelve Directors and their respective related parties owned or controlled the following
O Twelve Shares:
Name Number of O Twelve % of issued
Shares share capital
---------------- ------------------- ---------------
Phillip Rhodes 588,000 0.12
---------------- ------------------- ---------------
Howard Stanton 221,000 0.05
---------------- ------------------- ---------------
Quentin Spicer 25,000 0.01
---------------- ------------------- ---------------
Richard Barnes 196,000 0.04
---------------- ------------------- ---------------
Peter Radford 40,000 0.01
---------------- ------------------- ---------------
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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:
------------------------------------------------------------------------------------------------
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:
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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: 28 JUNE 2012
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Contact name: SARAH STUART
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Telephone number: 0207 598 4051
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This information is provided by RNS
The company news service from the London Stock Exchange
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