10th Jul 2008 11:45
Amendment - due to the cancellation of equity transactions the disclosure made on 09 July 2008 for dealings on 08 July 2008 is being updated. The original trade sales disclosed 7,850,014 shares have been amended to total sales 7,203,512 shares. Dealings 2 (a) have been updated.
FORM 38.5(a)
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
WITH RECOGNISED INTERMEDIARY STATUS
DEALING IN A CLIENT-SERVING CAPACITY
(Rule 38.5(a) of the Takeover Code)
1. KEY INFORMATION
Name of exempt principal trader |
(GS) GOLDMAN SACHS INTERNATIONAL |
Company dealt in |
WPP GROUP PLC |
Class of relevant security to which the dealings being disclosed relate (Note 1) |
Ordinary Shares |
Date of dealing |
08 July 2008 |
2. DEALINGS (Note 2)
(a) Purchases and sales
Total number of securities purchased |
Highest price paid (Note 3) |
Lowest price paid (Note 3) |
358893 3000 |
4.675 GBP 45.9148 USD |
4.54 GBP 45.9148 USD |
Total number of securities sold |
Highest price received (Note 3) |
Lowest price received (Note 3) |
7203512 3000 |
4.675 GBP 45.9148 USD |
4.3359 GBP 45.9148 USD |
(b) Derivatives transactions (other than options)
Product name, e.g. CFD |
Long/short (Note 4) |
Number of securities (Note 5) |
Price per unit (Note 3) |
CFD |
Long |
500 |
4.5901 GBP |
CFD |
Long |
500 |
4.5901 GBP |
CFD |
Long |
1000 |
4.5901 GBP |
CFD |
Long |
387893 |
4.613 GBP |
CFD |
Long |
191052 |
4.613 GBP |
CFD |
Long |
518195 |
4.613 GBP |
CFD |
Long |
252860 |
4.613 GBP |
CFD |
Short |
4180 |
4.5736 GBP |
CFD |
Long |
13182 |
4.6244 GBP |
CFD |
Long |
81254 |
4.6244 GBP |
CFD |
Long |
25991 |
4.6244 GBP |
CFD |
Long |
29791 |
4.6396 GBP |
CFD |
Short |
29791 |
4.5769 GBP |
CFD |
Long |
623934 |
4.603 GBP |
CFD |
Long |
3986000 |
4.6103 GBP |
CFD |
Short |
105820 |
4.5736 GBP |
CFD |
Long |
13800 |
4.6147 GBP |
CFD |
Long |
85107 |
4.6374 GBP |
CFD |
Long |
750000 |
4.626 GBP |
CFD |
Long |
623934 |
4.603 GBP |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, e.g. call option |
Writing, selling, purchasing, varying etc. |
Number of securities to which the option relates (Note 5) |
Exercise price |
Type, e.g. American, European etc. |
Expiry date |
Option money paid/received per unit (Note 3) |
(ii) Exercising
Product name, e.g. call option |
Number of securities |
Exercise price per unit (Note 3) |
3. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
Date of disclosure |
10 July 2008 |
Contact name |
Peter Highton |
Telephone number |
+44-207-774-1935 |
Name of offeree/offeror with which connected |
WPP GROUP PLC |
Nature of connection (Note 6) |
Advisor |
Notes
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
Related Shares:
WPP