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:
|
Alpha
Financial Markets Consulting plc ("Alpha FMC")
|
|
(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
|
Alpha
FMC
|
|
(d) Is the discloser the
offeror or the offeree?
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OFFEREE
|
|
(e) Date position
held:
The latest practicable date
prior to the disclosure
|
14
May 2024
|
|
(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"
|
N/A
|
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:
|
|
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
|
(1) Relevant securities owned
and/or controlled:
|
Nil
|
0
|
Nil
|
0
|
|
(2) Cash-settled
derivatives:
|
Nil
|
0
|
Nil
|
0
|
|
(3) Stock-settled derivatives
(including options) and agreements to
purchase/sell:
|
Nil
|
0
|
Nil
|
0
|
|
TOTAL:
|
Nil
|
0
|
Nil
|
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:
|
|
a) Holdings of ordinary shares by directors of
Alpha FMC:
|
Name
|
Number of ordinary shares
held
|
% of total issued share
capital carrying voting rights (excluding shares under
option)
|
|
Luc
Baqué
|
1,223,114
|
1.00%
|
|
John
Paton
|
158,741
|
0.13%
|
|
Ken
Fry
|
184,070
|
0.15%
|
|
Jill
May
|
12,307
|
0.01%
|
b) The directors of Alpha FMC have the following
rights to subscribe for the following relevant securities under the
share options plans:
Luc Baqué
|
Plan/award
|
Date of
award
|
Number of
shares
|
Exercise price
(GBP£)
|
Vesting
date
|
Expiry date
|
|
MIP -
French Restricted Stock Units ("RSU")
|
09/09/2021
|
253,304
|
N/A - nil
cost RSU
|
22/07/2024
|
09/09/2031
|
|
MIP -
French RSU
|
01/07/2022
|
205,882
|
N/A - nil
cost RSU
|
06/07/2024
|
01/07/2032
|
|
MIP - EMI
Standard
|
04/07/2023
|
179,487
|
Nil cost
option
|
01/07/2025
|
04/07/2033
|
|
MIP - EMI
Standard
|
04/07/2023
|
201,005
|
Nil cost
option
|
04/07/2026
|
04/07/2033
|
John Paton
|
Plan/award
|
Date of
award
|
Number of
shares
|
Exercise price
(GBP£)
|
Vesting
date
|
Expiry date
|
|
Joint Stock
Ownership Plan
|
22/07/2020
|
126,652
|
Nil cost
option
|
Vested on
22/07/2023, but remain unexercised
|
22/07/2030
|
|
Joint Stock
Ownership Plan
|
06/07/2021
|
83,823
|
Nil cost
option
|
06/07/2024
|
06/07/2031
|
|
Joint Stock
Ownership Plan
|
01/07/2022
|
76,923
|
Nil cost
option
|
01/07/2025
|
01/07/2032
|
|
Joint Stock
Ownership Plan
|
04/07/2023
|
87,939
|
Nil cost
option
|
04/07/2026
|
04/07/2033
|
c) Holdings of ordinary shares by other concert
parties of Alpha FMC:
There are
500,000 Alpha FMC shares held by the Berenberg European Micro Cap
fund which is managed by Joh. Berenberg,
Gossler & Co. KG ("Berenberg"), a connected adviser of
Alpha FMC. However, Berenberg do not exercise the voting rights
attaching to such shares. These are exercised by the fund,
Universal-Investment-Luxembourg S.A.
|
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
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Date of disclosure:
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15 May 2024
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Contact name:
|
Georgina
Sharley
|
Telephone number:
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+44 (0)20 7796
9300
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Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.
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.