TCN Tricorn Group Plc

TIDMTCN

RNS Number : 4420H

Tricorn Group PLC

03 August 2021

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:                                                                    Tricorn Group 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. For a trust, the trustee(s), 
  settlor and beneficiaries must be named. 
                                                                                               ------------------ 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        Tricorn Group plc 
  Use a separate form for each offeror/offeree 
                                                                                               ------------------ 
 (d) Is the discloser the offeror or the offeree?                                               Offeree 
                                                                                               ------------------ 
 (e) Date position held:                                                                        2 August 2021 
  The latest practicable date prior to the disclosure 
                                                                                               ------------------ 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect   n/a 
  of any other party to the offer? 
  If it is a cash offer or possible cash offer, state "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:                                                                Ordinary 10p shares 
                                                                                       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:    None 
 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: 
 
 3(a) - Interests of the directors of Tricorn Group plc (and their close relatives and related 
  trusts) in ordinary shares of Tricorn Group plc 
 Director (unless otherwise specified)    Number of ordinary shares        Percentage of total issued share capital 
                                                                           (%) 
                                         -------------------------------  -------------------------------------------- 
 Roger Allsop                             10,447,857                       21.23 
                                         -------------------------------  -------------------------------------------- 
 Yvonne Allsop (close relative)           6,400,000                        13.00 
                                         -------------------------------  -------------------------------------------- 
 Andrew Moss                              514,285                          1.04 
                                         -------------------------------  -------------------------------------------- 
 Jane Moss (close relative)               471,185                          0.96 
                                         -------------------------------  -------------------------------------------- 
 
 3(b) - Interests of directors of Tricorn Group plc (and their close relatives and related 
  trusts) in Tricorn Group plc share options/awards in respect of ordinary shares: 
 Tricorn Group plc Unapproved Share Option Scheme 
 Director                Number of options       Date of grant         Exercise price            Expiry date 
                        ----------------------  --------------------  ------------------------  ---------------------- 
 Michael Stock           1,000,000               6 August 2020         10p                       6 August 2025 
                        ----------------------  --------------------  ------------------------  ---------------------- 
 David Leakey            435,000                 6 August 2020         10p                       6 August 2025 
                        ----------------------  --------------------  ------------------------  ---------------------- 
 David Leakey            500,000                 3 May 2016            10p                       3 May 2026 
                        ----------------------  --------------------  ------------------------  ---------------------- 
 David Leakey            500,000                 30 June 2015          17.5p                     30 June 2025 
                        ----------------------  --------------------  ------------------------  ---------------------- 
 
 
 

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 
                                       --- 
 
 
 Date of disclosure:    3 August 2021 
 Contact name:          Michael Greensmith 
                       ------------------- 
 Telephone number:      01684 892600 
                       ------------------- 
 

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 .

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August 03, 2021 07:48 ET (11:48 GMT)