19th Feb 2015 11:03
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: | REXAM 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 |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | REXAM PLC |
(d) Is the discloser the offeror or the offeree? | OFFEREE |
(e) Date position held: The latest practicable date prior to the disclosure | 17 FEBRUARY 2015 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES: BALL CORPORATION AS OFFEROR |
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:
| Ordinary shares with a nominal value of 80 5/14 pence | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | None | 0 | None | 0 |
(2) Cash-settled derivatives:
| None | 0 | None | 0 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | None | 0 | None | 0 |
TOTAL: | None | 0 | None | 0 |
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: | N/A |
Details, including nature of the rights concerned and relevant percentages: | N/A |
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 Ordinary shares of the Rexam Employee Share Trust of which Rexam PLC's subsidiary Rexam Trustees (Jersey) Limited is trustee
1 The Rexam Employee Share Trust is beneficially entitled to these shares.
3(b) Interests in Ordinary shares held by directors of Rexam PLC
2 Beneficial interest held through Pershing Keen Nominees Limited as nominee. 3 Beneficial interest held through BBHISL Nominees Limited as nominee. 4 Beneficial interest held through The Share Centre as nominee. 5 Beneficial interest in 8,000 shares held through The Share Centre as nominee. In addition West Eight Investments Limited, a company jointly owned by Johanna Waterous and her husband Roger Waterous (who are also directors), has the beneficial interest in 2,222 shares held through Forest Nominees Limited as nominee. 6 Beneficial interest held through Rathbone Nominees Limited as nominee. 7 Beneficial interest held through BBHISL Nominees Limited as nominee.
3(c) Interests in Ordinary shares held by close relatives of directors of Rexam PLC
8 Beneficial interest held through LR Nominees Limited as nominee.
3(d) Interests held by directors under Rexam PLC share option plans
Deferred Bonus Plan
Long Term Incentive Plan 2009
\* The vesting date is subject to performance conditions being met at the relevant time.
Savings Related Share Option Scheme
|
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: | 19 February 2015 |
| Contact name: | David Gibson |
| Telephone number: | +44 (0)20 7227 4130 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.
Related Shares:
REX.L