Exova Group PLC Form 8 (OPD) Exova Group plc (4274B)
03 April 2017 - 5:15PM
UK Regulatory
TIDMEXO
RNS Number : 4274B
Exova Group PLC
03 April 2017
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: EXOVA GROUP PLC
------------------------------------------------------------------------------------------ --------------------------
(b) Owner or controller of interests and short positions disclosed, if different from N/A
1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
------------------------------------------------------------------------------------------ --------------------------
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: OFFEREE - EXOVA GROUP PLC
Use a separate form for each offeror/offeree
------------------------------------------------------------------------------------------ --------------------------
(d) Is the discloser the offeror or the offeree? OFFEREE
------------------------------------------------------------------------------------------ --------------------------
(e) Date position held: 03 APRIL 2017
The latest practicable date prior to the disclosure
------------------------------------------------------------------------------------------ --------------------------
(f) In addition to the company in 1(c) above, is the discloser making disclosures in NO
respect
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
------------------------------------------------------------------------------------------ --------------------------
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in
more than one class of relevant securities of the offeror or
offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for
each additional class of relevant security.
(a) Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates
Class of relevant security:
----------------------------------------------------------------------------------- --------------------------------
Interests Short positions
----------------------------------------------------------------------------------- ------------ ------------------
Number % Number %
----------------------------------------------------------------------------------- -------- ------------- ---
(1) Relevant securities owned and/or controlled: NIL - NIL -
----------------------------------------------------------------------------------- -------- ------------- ---
(2) Cash-settled derivatives: NIL - NIL -
----------------------------------------------------------------------------------- -------- ------------- ---
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: NIL - NIL -
----------------------------------------------------------------------------------- -------- ------------- ---
NIL - NIL -
TOTAL:
----------------------------------------------------------------------------------- -------- ------------- ---
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: NONE
---------------------------------------------------------------------------- -----
Details, including nature of the rights concerned and relevant percentages: NONE
---------------------------------------------------------------------------- -----
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
------------------------------------------------------------------------------------------------
3(a) Interests in Exova Group plc's ordinary shares held by directors of Exova Group plc and
their connected persons
Director Position Number of Percentage
shares holding (%)
----------------- ----------------- ---------- -------------
Chairman,
Allister Non-Executive
Langlands Director 190,909 0.07621%
----------------- ----------------- ---------- -------------
Chief Executive
Officer,
Ian El-Mokadem Director 2,050,000 0.81839%
----------------- ----------------- ---------- -------------
Chief Financial
Philip Marshall Officer 115,493 0.04611%
----------------- ----------------- ---------- -------------
Non-Executive
Bill Spencer Director 113,636 0.04537%
----------------- ----------------- ---------- -------------
Non-Executive
Helmut Eschwey Director 16,104 0.00643%
----------------- ----------------- ---------- -------------
Non-Executive
Vanda Murray Director 4,545 0.00181%
----------------- ----------------- ---------- -------------
Non-Executive
Andrew Simon Director 22,727 0.00907%
----------------- ----------------- ---------- -------------
3(b) Options and awards held by directors of Exova Group plc in its ordinary shares
Name Name of Grant Exercise Shares Performance
plan Date Price in respect Period
(per of which End Date
ordinary options / Exercise
share) granted Date
--------------- ---------------- ---------- ---------- ------------ -------------
Ian El-Mokadem Long Term 17 April GBP0 153,409 17 April
Incentive 2014 2017
Plan
---------------- ---------- ---------- ------------ -------------
Company 17 April 220 13,636 17 April
Share 2014 pence 2017
Option
Plan
---------------- ---------- ---------- ------------ -------------
Long Term 15 May GBP0 351,562 15 May
Incentive 2015 2018
Plan
---------------- ---------- ---------- ------------ -------------
Long Term 18 April GBP0 425,000 18 April
Incentive 2016 2019
Plan
--------------- ---------------- ---------- ---------- ------------ -------------
Philip Long Term 1 October GBP0 153,472 1 October
Marshall Incentive 2015 2018
Plan
---------------- ---------- ---------- ------------ -------------
Company 1 October 180 16,666 1 October
Share 2015 pence 2018
Option
Plan
---------------- ---------- ---------- ------------ -------------
Long Term 1 October GBP0 165,419 25 September
Incentive 2015 2017
Plan (not
subject
to performance
conditions)
---------------- ---------- ---------- ------------ -------------
Long Term 18 April GBP0 200,617 18 April
Incentive 2016 2019
Plan
--------------- ---------------- ---------- ---------- ------------ -------------
Notes: A total amount of GBP1 is payable on the exercise of any nil cost option described
above. The number of ordinary shares that is capable of exercise under Mr Marshall's nil cost
option granted in 2015 and Mr El-Mokadem's nil cost option granted in 2014 will be reduced
by such number of ordinary shares as has a market value (at the date of exercise of the CSOP
option) equal to the gain made on the exercise of the CSOP option. All awards are subject
to performance conditions, save where otherwise noted.
------------------------------------------------------------------------------------------------
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
------------------------------------------------------------------------------------------------
NONE
------------------------------------------------------------------------------------------------
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party
to the offer making the disclosure, or any person acting in concert with it, and any other
person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which
any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------
NONE
----------------------------------------------------------------------------------------------
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) NO
------------------------------------- ---
Supplemental Form 8 (SBL) NO
------------------------------------- ---
Date of disclosure: 03 APRIL 2017
--------------------- ---------------------------------------
Contact name: NEIL MACLENNAN
GENERAL COUNSEL AND COMPANY SECRETARY
EXOVA GROUP PLC
--------------------- ---------------------------------------
Telephone number: +44 (0) 131 333 8053
--------------------- ---------------------------------------
Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.
The Panel's Market Surveillance Unit is available for
consultation in relation to the Code's disclosure requirements on
+44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at
www.thetakeoverpanel.org.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
FEESSEFIDFWSEFL
(END) Dow Jones Newswires
April 03, 2017 11:15 ET (15:15 GMT)
Exova (LSE:EXO)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Exova (LSE:EXO)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
