9th Aug 2007 11:56
Lazard Asset Management09 August 2007 FORM 8.1(b)(ii) DEALINGS BY CONNECTED EXEMPT FUND MANAGERS ON BEHALF OF DISCRETIONARY CLIENTS (Rule 8.1(b)(ii) of the Takeover Code) 1. KEY INFORMATION Name of exempt fund manager Lazard Asset Management Limited Company dealt in Quintain Estate & Development PLC Class of relevant security to which Ordthe dealings being disclosed relate 1 Date of dealing 8th August 2007 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in 2 Long Short Number (%) Number (%) (1) Relevant securities 3 Zero 0.00% (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Zero 0.00% (b) Interests and short positions in relevant securities of the company, other than the class dealt in 2 Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities 3 (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total (c) Rights to subscribe 2 Class of relevant security: Details 3. DEALINGS 4 (a) Purchases and sales Purchase/sale Number of securities Price per unit 5 Sale 44,470 £9.5087 (b) Derivatives transactions (other than options) Product name, e.g. CFD Long/short 6 Number of securities 7 Price per unit 5 (c) Options transactions in respect of existing securities(i) Writing, selling, purchasing or varying Product Writing, Number of Exercise Type, Expiry Option name,e.g. selling, securities price e.g. date money call purchasing, to which American, paid/ option varying the option European received etc. relates 7 etc. per unit 5 (ii) Exercising Product name, Number of Exercise price per unit 5e.g. call securities option (d) Other dealings (including new securities) 4 Nature of transaction 7 Details Price per unit (if applicable) 5 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated. Is a Supplemental Form 8 attached? 9 NO Date of disclosure 9th August 2007 Contact name Alan Willson Telephone number 0207 448 2798 Name of offeree/offeror with which connected Quintain Estates & Development PLC Nature of connection 10 advisor Notes 1. See the definition of "relevant securities" in the Definitions Section of the Code. 2. See Note 5 on Rule 8 and the definition of "interests in securities" in the Definitions Section of the Code. Rights to subscribe for new shares should be disclosed separately from interests and short positions in existing securities. Rights to subscribe include directors' and other executive options. 3. Where relevant securities are held within a fund in respect of which seed capital represents 10% or more of the funds under management, specify the percentage of seed capital in addition to the amount of stock held within that fund. 4. See the definition of "dealings" in the Definitions Section of the Code. 5. For all prices and other monetary amounts, the currency must be stated. 6. If a long position has been increased or a short position reduced as a result of the dealing, write "long". If a short position has been increased or a long position reduced as a result of the dealing, write "short". If the dealing has not resulted in a long or short position being increased or reduced, give details of the variation or other dealing. 7. See Note 3 on the definition of "interests in securities" in the Definitions Section of the Code. 8. State type of dealing, e.g. "subscription", "conversion", "exercise" etc. 9. Where there are open option positions or open derivative positions (other than CFDs), or where there is an agreement to purchase or to sell, Supplemental Form 8 should be completed. 10. See the definition of "connected fund managers and principal traders" in the Definitions Section of the Code. For details of the Code's dealing disclosure requirements, see Rule 8 and itsNotes which can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Quadrise