Save Group PLC - Rule 8 Disclosure
June 23 1998 - 11:10AM
UK Regulatory
RNS No 3138u
SAVE GROUP PLC
Date of Disclosure.......23-06-98........
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKE-OVERS AND MERGERS
Date of dealing.......22-06-98......
Dealing in............SAVE GROUP PLC.......................(name of company)
(1) Class of securities (eg ordinary shares)..........ORDINARY............
(2) Amount bought Amount sold Price per unit
75,000 136
(3) Resultant total of the same class owned or controlled
(and percentage of class)...........11,235,332..................... (11.97%)
(4) Party making disclosure......M&G INVESTMENT MANAGEMENT..................
(5) EITHER (a) Name of purchaser/vendor (Note 1).............................
OR (b) if dealing for discretionary client(s), name of fund management
organisation
................M&G INVESTMENT MANAGEMENT......................................
(6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company YES
Specify which category or categories of associate (1-8 overleaf)....N/A........
If category (8), explain.........N/A............................................
................................................................................
(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more
of the class of relevant securities dealt in) YES
Signed, for and on behalf of the party named in (4) above......N/A..............
(Also print name of signatory)............NIGEL MORRISON........................
Telephone and extension number............0171 621 8952.........................
Note 1. Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, eg where an owner normally acts on instructions of
a controller.
Note 2. Disclosure might be made for more than one reason; if so, state all
reasons.
Note 3. Specify which offeror if there is more than one.
Note 4. When an arrangement exists with any offeror, with the offeree company
or with an associate of any offeror or of the offeree company in relation to
relevant securities, details of such arrangement must be disclosed, as required
by Note 6 on Rule 8............................................................
...............................................................................
...............................................................................
For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Take-overs and Mergers, Tel. No: 0171-382 9026.
END
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