Sportsworld Media - Rule 8 Disclosure
March 08 2000 - 5:52AM
UK Regulatory
RNS Number:8872G
Sportsworld Media Group PLC
Date of Disclosure..8 MARCH 2000
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......7 MARCH 2000...............................
Dealing in...........SPORTSWORLD MEDIA GROUP..........(name of company)
1) Class of securities (eg ordinary shares).SPORTSWORLD MEDIA ORD 1p....
2) Amount bought Amount sold Price per unit
120,000 0 655p
50,000 0 657p
3) Resultant total of the same class owned or controlled
(and percentage of class)......1,224,860...............(2.26%)
4) Party making disclosure........ROBERT FLEMING HOLDINGS LIMITED...
5) EITHER (a) Name of purchaser/vendor (Note 1).....................
OR (b) if dealing for discretionary client(s), name of fund
management organisation..................................
FLEMING INVESTMENT MANAGEMENT LIMITED
6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf).....
If category (8), explain.............................................
(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).........SANDRA TAYLOR...................
Telephone and extension number.........0171-282-4198...................
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 which 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.......................
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Note 5. It may be necessary, particularly when disclosing derivative
transactions, to append a sheet to this disclosure form so that
relevant information can be given.
Note 6. In the case of an average price bargain, each underlying trade
should be disclosed.
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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