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Replacement - Rule 8.1- Raven Mount

18th Feb 2009 15:41

RNS Number : 5385N
Oriel Securities Limited
18 February 2009
 



  FORM 8.1

AMENDMENT

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

This transaction is for book flattening purposes. The Panel Executive has

informed Oriel Securities Limited, on an ex parte basis, that such transactions

are permitted and have no Code consequences.

Amendments - This Form 8.1 replaces that released under RNS No. 4658N:

* 2(a)(1) - Oriel Securities holds a long position of 61,500 ords in Raven Mount Group PLC which was inadvertently omitted from the previous Form 8.1 disclosure.

# 3(a) - The Panel Executive has given additional permission on 18 February 2009 for Oriel Securities to purchase a further 10,000 ords in Raven Mount Group PLC for book flattening purposes and has confirmed that this transaction will have no Code consequences.

1. KEY INFORMATION

Name of person dealing (Note 1)

Oriel Securities Limited

Company dealt in

Raven Mount Group PLC

Class of relevant security to which the dealings being disclosed relate (Note 2)

ORD 0.1p

Date of dealing

17 February 2009 and

18 February 2009

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) (1) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

Long

Short

Number (%)

Number (%)

(1) Relevant securities 

61,500*  0.06%

Nil

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

61,500 0.06%

Nil

 

 

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:

Long

Short

Number (%)

Number (%)

(1) Relevant securities 

Nil

Nil

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

Nil

Nil

 (c) Rights to subscribe (Note 3)

Class of relevant security:

Details

3. DEALINGS (Note 4)

(a) Purchases and sales

Purchase/sale

Number of securities

Price per unit (Note 5)

Purchase

Purchase

39,243 on 17 February 2009

10,000 on 18 February 2009 #

35p

35.5p

(b) Derivatives transactions (other than options)

Product name, 

e.g. CFD

Long/short (Note 6)

Number of securities (Note 7)

Price per unit (Note 5)

(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 7)

Exercise

price 

Type, e.g. American, European etc.

Expiry 

date

Option money

paid/received per unit (Note 5)

(ii) Exercising

Product name, e.g. call option

Number of securities 

Exercise price per unit (Note 5)

(d) Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)

Details

Price per unit (if applicable) (Note 5) 

4. 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.

None.

Is a Supplemental Form 8 attached? (Note 9) NO

Date of disclosure

18 February 2009

Contact name

Pauline Bearblock

Telephone number

020-7710 7600

Name of offeree/offeror with which associated

Raven Mount Group PLC

Specify category and nature of associate status (Note 10)

Connected Adviser

Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

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

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