Rule 8.1- Venture Production
October 29 2007 - 1:44PM
UK Regulatory
RNS Number:5708G
Venture Production PLC
29 October 2007
FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the Takeover Code)
1. KEY INFORMATION
Name of person dealing (Note 1) MICHAEL JOHN WAGSTAFF
Company dealt in VENTURE PRODUCTION PLC
Class of relevant security to which the ORDINARY SHARES OF #0.004P EACH
dealings being disclosed relate (Note 2)
Date of dealing 29 OCTOBER 2007
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 2,406,114 (1.693)
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total 2,406,114 (1.693)
(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
ORDINARY SHARES OF #0.004P EACH 148,662 (MAXIMIUM) UNDER LONG TERM SHARE INCENTIVE PLAN 2006 BASED
UPON PERFORMANCE 2006-2008. SHARES VEST IN 2009
ORDINARY SHARES OF #0.004P EACH 103,063 (MAXIMIUM) UNDER LONG TERM SHARE INCENTIVE PLAN 2006 BASED
UPON PERFORMANCE 2007-2009.SHARES VEST IN 2010
ORDINARY SHARES OF #0.004P EACH 90,483 UNDER ANNUAL DEFERRED SHARE BONUS PLAN. SHARES VEST ON 6 APRIL
2008
ORDINARY SHARES OF #0.004P EACH 58,395 UNDER ANNUAL DEFERRED SHARE BONUS PLAN. SHARES VEST ON 6 APRIL
2009
ORDINARY SHARES OF #0.004P EACH 7,439 HELD BY TRUSTEE SHARE NOMINEES LIMITED UNDER A SHARE INCENTIVE
PLAN WITH THE SHARE CENTRE
3. DEALINGS (Note 4)
(a) Purchases and sales
Purchase/sale Number of securities Price per unit (Note 5)
PURCHASE 45 796 PENCE
(b) Derivatives transactions (other than options)
Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)
e.g. CFD
(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. Expiry Option money
purchasing, to which the option American,
e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per
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.
THE SHARES PURCHASED IN 3(A) ARE HELD BY SHARESECURE TRUST FOR THE EMPLOYEE
BENEFIT TRUST OF VENTURE PRODUCTION PLC
Is a Supplemental Form 8 attached? (Note 9) NO
Date of disclosure 29 OCTOBER 2007
Contact name SIMON WAITE
Telephone number 01224 619000
Name of offeree/offeror with which associated VENTURE PRODUCTION PLC
Specify category and nature of associate status (Note 10) DIRECTOR OF VENTURE PRODUCTION PLC
Notes
The Notes on Form 8.1 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
DCCBRBDGGSDGGRC
Venture Production (LSE:VPC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Venture Production (LSE:VPC)
Historical Stock Chart
From Jul 2023 to Jul 2024