Form 8.3 – Sanne Group plc

UK DISCLOSURE, March 18, 2022 (GLOBE NEWSWIRE) —

FORM 8.3

DISCLOSURE OF OPEN POSITION TO THE PUBLIC / DISCLOSURE OF OPERATIONS BY
A PERSON HOLDING AN INTEREST IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Identity of the person whose positions/trades are disclosed: Glazer Capital LLC
(b) Owner or control of interests and short positions disclosed, if different from 1(a):
The designation of nominees or vehicle companies is insufficient
N / A
(c) Name of offeror/offeree in relation to the securities concerned by this form:
Use a separate form for each offeror/participant
Sanne Group plc
(d) If an exempt fund manager is related to an offeror/beneficiary, state this and provide the identity of the offeror/beneficiary: N / A
(e) Date Position Held/Bargaining Started: March 17, 2022
(f) Has the Discloser previously disclosed, or is disclosing now, under the Code with respect to any other party to this Offering? NO


2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in relevant securities of the offeror or recipient to which the disclosure relates following the transaction (if any)

Class of security concerned: 0.1p ordinary
Interests Short positions
Number % Number %
(1) Relevant securities held and/or controlled: 2,202,903 1.36 %
(2) Derivatives (excluding options):
(3) Options and promises to buy/sell:
TOTAL: 2,202,903 1.36 %


All interests and short positions must be disclosed.

Details of any open position in a derivative or option, or relevant agreements to buy or sell securities, must be provided on Supplementary Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other officers’ options)

Class of securities concerned in relation to which a subscription right exists:
Details, including the nature of the rights affected and the relevant percentages:


If there are positions or subscription rights to be disclosed in more than one class of relevant securities of the offeror or recipient named in 1(c), copy table 2(a) or (b) (depending on the case) for each additional category of relevant securities. Security.

3. OPERATIONS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

Relevant security class Buy Sell Number of titles Price per unit
1p ordinary To buy 1,216,122 £9.15
1p ordinary To buy 500,000 £9.15


(b) Derivative transactions (other than options)

Relevant security class Product Description
for example CFDs
Type of transaction
e.g. open/close a long/short position, increase/decrease a long/short position
Number of reference titles Price per unit


(c) Option transactions involving existing securities

(i) Write, sell, buy or modify

Relevant security class Product Description for example call option Write, buy, sell, vary etc. Number of shares on which the option relates Strike price per unit Type
for example American, European, etc.
Expiration date Option amount paid/received per unit


(ii) Exercise

Relevant security class Product Description
for example call option
Number of titles Strike price per unit


(d) Other transactions (including subscription for new securities)

Relevant security class Type of transaction
e.g. subscription, conversion
Details Unit price (if applicable)


The currency of all prices and other monetary amounts must be stated.

Where there have been transactions in more than one class of relevant securities of the originator or recipient named in 1(c), copy table 3(a), (b), (c) or (d) ) (as applicable) for each class of relevant securities traded.

4. OTHER INFORMATION

(a) Indemnity and Other Commercial Arrangements

Details of any indemnification or option agreement, or any agreement or understanding, formal or informal, relating to the relevant securities which may be an inducement to trade or refrain from trading entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
If there are no such agreements, arrangements or understandings, indicate “none”

Any


(b) Agreements, Arrangements or Agreements Relating to Options or Derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person regarding:
(i) the voting rights of any relevant security under any option; Where
(ii) voting rights or the future acquisition or disposal of any relevant security to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, indicate “none”

Any


(c) Attachments

Is an additional form 8 (open positions) attached? NO
Disclosure date: March 18, 2022
Contact Name: Kevin Zadourian
Phone number: 212-808-7312


Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Board at
[email protected]. The Panel’s Market Surveillance Unit can be consulted about the Code’s transaction disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Group’s website at www.thetakeoverpanel.org.uk.

About Darnell Yu

Check Also

Construction workers consider strike – Bulawayo24 News

CONSTRUCTION workers have given 72 hours notice to shut down the tools if their wage …