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Form 8 (OPD)(Cable & Wireless Worldwide) Amendment

21st Feb 2012 17:45

RNS Number : 8552X
Cable & Wireless Worldwide PLC
21 February 2012
 

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) Identity of the party to the offer making the disclosure:

Cable & Wireless Worldwide 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

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each party to the offer

Cable & Wireless Worldwide plc

(d) Is the party to the offer making the disclosure the offeror or the offeree?

OFFEREE

(e) Date position held:

20 February 2012

(f) Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

NO

 

 

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 

Ordinary 5p Shares

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

NIL

NIL

(2) Derivatives (other than options):

NIL

NIL

(3) Options and agreements to purchase/sell:

NIL

NIL

 

TOTAL:

NIL

NIL

 

All interests and all short positions should be disclosed.

 

Details of any open derivative or option positions, 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

 

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.

 

(c) Irrevocable commitments and letters of intent

 

Details of any irrevocable commitments or letters of intent procured by the party to the offer making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of the Code):

 

None

 

 

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 of any person acting in concert with the party to the offer making the disclosure:

 

 

 

Cable & Wireless Worldwide plc Directors' Beneficial Share Interests

 

 

Director

Number of Cable & Wireless Worldwide plc shares

Percentage of issued ordinary share capital of Cable & Wireless Worldwide plc - 2,746,100,010 shares of £0.05

Gavin Darby

2,000,000

0.0728%

Ian Gibson

75,415

0.0027%

John Barton

400,000

0.0146%

Penny Hughes

30,000

0.0011%

Clive Butler

57,000

0.0021%

 

 

 

Cable & Wireless Worldwide plc Directors' Share Incentives

 

 

Director

Type of award

Grant Date

Vesting Date

Number of shares granted

Performance

Conditions

Ian Gibson

Restricted Shares

16 Mar 2011

23 Nov 2012

157,115

 

No

Ian Gibson

Performance Shares

19 Mar 2010

25 Nov 2012

245,920

 

Yes

Ian Gibson

Performance Shares

06 Aug 2010

05 Aug 2013

311,434

 

Yes

Ian Gibson

Performance Shares

12 Aug 2011

12 Aug 2014

2,655,454

 

Yes

Gavin Darby

One-off incentive

21 Dec 2011

28 Nov 2014

1,000,000

 

Yes

Gavin Darby

One-off incentive

21 Dec 2011

28 Nov 2014

1,000,000

 

Yes

Gavin Darby

One-off matching

21 Dec 2011

28 Nov 2014

2,000,000

 

No

 

 

 

 

 

Advisers' Non-Exempt Share Interests

 

 

Share Interests

Short Positions

Name

Number of Cable & Wireless Worldwide plc shares

Percentage of issued share capital

Number of Cable & Wireless Worldwide plc shares

Percentage of issued share capital

Barclays Stockbrokers Limited

287

0.0000104%

Barclays Bank plc

1,174

0.0000427%

Barclays Bank Trust Company Limited

25,791

0.0009391%

Frankfurt-Trust Investment-Gesellschaft mBH

5,660,000

0.206%

 

 

 

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 3 for each additional class of relevant security.

 

Details of any open derivative or option positions, 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:

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:

21 February 2012

Contact name:

Paul Moore

Telephone number:

07794 999 815

 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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