14th Mar 2008 17:00
Grupo Clarin S.A.14 March 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating theshares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes should in block capital letters. 1. Name of the issuer GRUPO CLARIN S.A. .................................... 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made inaccordance with section 324 (as extended by section 328) of the Companies Act1985; or (iii) both (i) and (ii): .................................... 3. Name of person discharging managerial responsibilities/director HECTOR HORACIO MAGNETTO (CHIEF EXECUTIVE OFFICER / DIRECTOR) JOSE ANTONIO ARANDA (DIRECTOR) ALEJANDRO URRICELQUI (DIRECTOR) .................................... 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person .................................... 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest 3 ABOVE .................................... 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares - CLASS B COMMON SHARES OF THE COMPANY, WITH NOMINAL VALUE OF ONE (1) ARGENTINEPESO PER SHARE IN THE FORM OF GLOBAL DEPOSITARY SHARES - CLASS B COMMON SHARES OF THE COMPANY, WITH NOMINAL VALUE OF ONE (1) ARGENTINEPESO PER SHARE .................................... 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them HECTOR HORACIO MAGNETTO Number of shares: (direct and indirect)60,370,476 COMMON SHARES JOSE ANTONIO ARANDA Number of shares: (direct and indirect)20,665,854 COMMON SHARES ALEJANDRO URRICELQUI Number of shares: (direct and indirect) 23,000COMMON SHARES .................................... 8. State the nature of the transaction ACQUISITION OF CLASS B COMMON SHARES IN THE FORM OF GLOBAL DEPOSITARY SHARES ACQUISITION OF CLASS B COMMON SHARES .................................... 9. Number of shares, debentures or financial instruments relating to sharesacquired HECTOR HORACIO MAGNETTO Number of shares: 25,000 GDSs, representing 2Class B Common Shares each JOSE ANTONIO ARANDA Number of shares: 20,000 GDSs,representing 2 Class B Common Shares each ALEJANDRO URRICELQUI Number of shares: 24,100 Class BCommon Shares .................................... 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) HECTOR HORACIO MAGNETTO Percentage: 0.0174% of CLASS B COMMON SHARES JOSE ANTONIO ARANDA Percentage: 0.0139% of CLASS B COMMONSHARES ALEJANDRO URRICELQUI Percentage: 0.0084% of CLASS B COMMONSHARES .................................... 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A .................................... 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A .................................... 13. Price per share or value of transaction HECTOR HORACIO MAGNETTO: 15,000 GDS at US$ 13.4834 PER GDS 10,000GDS at US$ 13.5687 PER GDS JOSE ANTONIO ARANDA: 10,000 GDS at US$ 13.45 PER GDS 10,000GDS at US$ 13.5687 PER GDS ALEJANDRO URRICELQUI: 24,100 SHARES at AR$ 22.3397 PER SHARE .................................... 14. Date and place of transaction HECTOR HORACIO MAGNETTO: 15,000 on 26 FEBRUARY 2008, LONDON 10,000on 28 FEBRUARY 2008, LONDON JOSE ANTONIO ARANDA: 10,000 on 26 FEBRUARY 2008, LONDON 10,000on 28 FEBRUARY 2008, LONDON ALEJANDRO URRICELQUI: 24,100on 10 March 2008, BUENOS AIRES .................................... 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) HECTOR HORACIO MAGNETTO : 60,420,476 COMMON SHARES (21.02% OFOUTSTANDING CAPITAL STOCK) JOSE ANTONIO ARANDA: 20,705,854 COMMON SHARES (7.20% OFOUTSTANDING CAPITAL STOCK) ALEJANDRO URRICELQUI: 47,100COMMON SHARES (0.02% OF OUTSTANDING CAPITAL STOCK) .................................... 16. Date issuer informed of transaction 14 MARCH 2008 .................................... If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17. Date of grant .................................... 18. Period during which or date on which it can be exercised .................................... 19. Total amount paid (if any) for grant of the option .................................... 20. Description of shares or debentures involved (class and number) .................................... 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise .................................... 22. Total number of shares or debentures over which options held followingnotification .................................... 23. Any additional information N/A .................................... 24. Name of contact and telephone number for queries IN BUENOS AIRES: ALFREDO MARIN/M. JULIA DIAZ ARDAYA GRUPO CLARIN EMAIL: [email protected] IN LONDON: TOM ALLISON/LORNA ELLEN TEMPLE BAR ADVISORY TEL: +44 20 7002 1080 EMAIL: [email protected] IN NEW YORK: MELANIE CARPENTER/PETER MAJESKI I-ADVIZE CORPORATE COMMUNICATIONS TEL: +1 212 406 3692 EMAIL: [email protected] .................................... Name and signature of duly authorised officer of issuer responsible for makingnotification ALFREDO MARIN, Responsible for Market Relations, Grupo Clarin S.A. .................................... Date of notification 14 MARCH 2008 .................................... This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
GCLA.L