Form 8 (OPD) Stagecoach Group plc

FORM 8 (OPD)   PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFERRules 8.1 and 8.2 of the Takeover Code (the “Code”)   1.        KEY INFORMATION   (a)        Full name of discloser: Stagecoach Group Plc (b)        Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A ...

Perth, 04/10/2021 (informazione.news - comunicati stampa - turismo)

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

 

 

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

 

 

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

 

 

 

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:

 

a)  Interests of subsidiaries, associated companies and companies of which such companies are associated companies

 

N/A

 

b)  Interests held by directors of the Offeree, their close relatives and the related trusts of any of them (excluding options set out below)

 

 

Mr Griffiths and Mr Paterson each hold an additional 9,042 ordinary shares through the Stagecoach Group plc ("Company") Buy As You Earn Scheme ("BAYE"). These are shares purchased out of salary and held by the BAYE trustee on behalf of the director. BAYE is a scheme enabling eligible employees to purchase shares ("partnership shares") from their gross income. The Company provides two matching shares for every share bought from the first £10 of each employee's monthly investment, subject to a maximum Company contribution to the value of £20 per employee per month. If the shares are held in trust for five years or more, no income tax and national insurance will be payable. The matching shares will be forfeited if the corresponding partnership shares are removed from trust within three years of award. Share investments under the BAYE plan have been suspended since 6 April 2020.

d)  Interests of pensions schemes of the Offeree and associated companies

 

N/A

 

e)  Interests of connected advisers of the Offeree

N/A

f)  Interests of other persons acting in concert with the Offeree

N/A

 

 

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

 

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

 

 

 

 

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 .