14th May 2007 09:01
Taylor Woodrow PLC14 May 2007 FORM 8.1 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) 1. KEY INFORMATION Name of person dealing (Note 1) Mr Peter Johnson Company dealt in Taylor Woodrow plc Class of relevant security to which the Ordinary shares of 25 pence eachdealings being disclosed relate (Note 2) Date of dealing 11 May 2007 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class ofrelevant security dealt in (Note 3) Long Short Number Number (%) (%) (1) Relevant securities 244,773 0.042% (2) Derivatives (other than options) (3) Options and agreements to purchase/sell 234,679 0.04% Total 479,452 0.082% (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 (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total (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) Sale 26,899 485.9405 pence (b) Derivatives transactions (other than options) Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)e.g. CFD (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5)Vesting of Taylor Woodrow Performance 65,376 NilShare Plan 2004 on completion of 3year performance period (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 relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated.In accordance with Rule 8.1 of the City Code, Taylor Woodrow plc ("Taylor Woodrow") announces that under the TaylorWoodrow 2004 Performance Share Plan ("the Plan") 65,376 Taylor Woodrow shares (the "New Shares") have vested in favourof Peter Johnson in accordance with the performance conditions set out in the Plan. At the time of the conditional awardof the shares in 2004 Peter Johnson agreed with the Trustee of the Plan that the Trustee would sell such number of theseNew Shares as was required to meet the income tax liability and National Insurance contributions triggered by thevesting of these New Shares as well as the dealing commission incurred upon their sale. Furthermore, and in accordance with the obligations under Rule 8.4 of the City Code, Taylor Woodrow and George WimpeyPlc confirm that they have both given their consent to the sale of a portion of the New Shares as referenced above andthat the remaining New Shares will be subject to the terms and conditions of the irrevocable undertaking given by PeterJohnson in connection with the proposed merger of Taylor Woodrow and George Wimpey Plc, which is disclosed in theprospectus posted to Taylor Woodrow shareholders on 4 May 2007. Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure 14 May 2007 Contact name Mr Richard Morbey Telephone number 0121 600 8540 Name of offeree/offeror with which associated Taylor Woodrow plcSpecify category and nature of associate status (Note 10) Peter Johnson is a director of Taylor Woodrow plc Notes The Notes on Form 8.1 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:
Taylor Wimpey