Rule 8 - Taylor Woodrow
September 11 2003 - 7:39AM
UK Regulatory
RNS Number:6528P
HSBC Bank PLC.
11 September 2003
FORM 8.1/8.3
Lodge with a RIS or Newstrack and the Takeover Panel. Use separate form for each
class of securities in which dealings have been made.
Date of disclosure 11 September 2003
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS
Date of dealing ...10 September 2003...................
Dealing in ......Taylor Woodrow plc............................(name of company)
2. Class of securities (eg ordinary shares) ...Ordinary Shares.............
(2) Amount bought Amount sold Price per unit
49,000 250.192p
(3) Resultant total of the same class owned or controlled
(and percentage of class) .........296,000................... ( 0 %)
(4) Party making disclosure .........HSBC Bank plc.........................
(5) EITHER (a) Name of purchaser/vendor (Note 1) ..................
OR (b) If dealing for discretionary client(s), name of fund
management organisation
..................HSBC Bank plc..............................
(6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) YES
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf) .2......
The Panel Executive has informed HSBC on an ex-parte basis that such
transactions are permitted and have no Code Consequences.
(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or
more of
the class of relevant securities dealt in) NO
Signed, for and on behalf of the party named in (4) above .....................
(Also print name of signatory) ......Leon Passey..............................
Telephone and extension number ......0207 991 6187..............................
______________________________________
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.
Note 5. It may be necessary, particularly when disclosing derivative
transactions, to append a sheet to this disclosure form so that all
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 Takeovers and Mergers, Monitoring Section, Tel. No:
020 7638 0129. E-mail:monitoring@disclosure.org.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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