TLG PLC - Rule 8 Disclosure
October 02 1998 - 6:58AM
UK Regulatory
RNS No 8123v
TLG PLC
Date of Disclosure.2ND OCTOBER 1998
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..1ST OCTOBER 1998 ..
Dealing in....TLG PLC......................................(name of company)
(1) Class of securities (eg ordinary shares)...ORDINARY 10P...............
(2) Amount bought Amount sold Price per unit
790,000 - 170P
(3) Resultant total of the same class owned or controlled
(and percentage of class)....51,833,878............................ (27.6%)
(4) Party making disclosure...PANMURE GORDON & CO. LIMITED..................
(5) EITHER (a) Name of purchaser/vendor (Note 1)...WASSALL PLC...............
OR (b) if dealing for discretionary client(s), name of fund management
organisation
............................N/A................................................
(6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) YES
(ii) offeree company YES
Specify which category or categories of associate (1-8 overleaf)..1, 2 and 6
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)...MARK CUNNINGHAM................................
Telephone and extension number...0171 860 3879..................................
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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