TIDMATK
RNS Number : 7540J
Atkins (WS) PLC
30 June 2017
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON
ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF
DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: Heath Stewart Drewett
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(b) Owner or controller of interests and short positions Trustee for shares held via the Atkins Share Incentive
disclosed, if different from 1(a): Plan: Capita IRG Trustees Limited for
The naming of nominee or vehicle companies is beneficiary Heath Stewart Drewett
insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose relevant WS Atkins plc
securities this form relates:
Use a separate form for each offeror/offeree
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(d) Status of person making the disclosure: Person acting in concert with offeree (WS Atkins plc)
e.g. offeror, offeree, person acting in concert with the
offeror/offeree (specify name of
offeror/offeree)
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(e) Date dealing undertaken: 29 June 2017
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(f) In addition to the company in 1(c) above, is the N/A
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"
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2. POSITIONS OF THE PERSON 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 following
the dealing
Class of relevant security: Ordinary shares of 0.5 pence each
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Interests Short positions
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Number %* Number %
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(1) Relevant securities owned and/or controlled: 78,287 0.078% N/A N/A
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(2) Cash-settled derivatives: N/A N/A N/A N/A
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(3) Stock-settled derivatives (including options) and agreements to N/A N/A N/A N/A
purchase/sell:
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TOTAL: 78,287 0.078% N/A N/A
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* Percentage calculations are based on WS Atkins plc's total
number of ordinary shares in issue as at 29 June 2017, the latest
practicable date prior to the disclosure, being 100,110,799
(excluding shares held in treasury). Percentages are rounded to 3
decimal places.
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 (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: n/a
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Details, including nature of the rights concerned and relevant percentages: n/a
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3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of
relevant securities of the offeror or offeree named in 1(c), copy
table 3(a), (b), (c) or (d) (as appropriate) for each additional
class of relevant security dealt in.
The currency of all prices and other monetary amounts should be
stated.
(a) Purchases and sales
(i) Party to an offer or person acting in concert (except for a
principal trader in the same group as a connected adviser)
Class of relevant security Purchase/sale Number of securities Price per unit
--------------------------- -------------- --------------------- ---------------
N/A N/A N/A N/A
--------------------------- -------------- --------------------- ---------------
(ii) Principal trader where the sole reason for the connection
is that the principal trader is in the same group as a connected
adviser
Class of relevant Purchases/ sales Total number of Highest price per unit Lowest price per unit
security securities paid/received paid/received
----------------------- ----------------- ------------------------ ----------------------- -----------------------
N/A N/A N/A N/A N/A
----------------------- ----------------- ------------------------ ----------------------- -----------------------
(b) Cash-settled derivative transactions
Class of relevant Product description Nature of dealing Number of reference Price per unit
security e.g. CFD e.g. opening/closing a securities
long/short position,
increasing/reducing a
long/short position
------------------------- -------------------- ------------------------- ------------------------- ---------------
N/A N/A N/A N/A N/A
------------------------- -------------------- ------------------------- ------------------------- ---------------
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of Product Writing, Number of Exercise Type Expiry date Option money
relevant description purchasing, securities price per e.g. paid/
security e.g. call selling, to which unit American, received per
option varying etc. option European unit
relates etc.
------------- ------------- ------------- ------------- -------------- ------------- ------------ -------------
N/A N/A N/A N/A N/A N/A N/A N/A
------------- ------------- ------------- ------------- -------------- ------------- ------------ -------------
(ii) Exercise
Class of relevant Product description Exercising/ exercised Number of securities Exercise price per
security e.g. call option against unit
----------------------- -------------------- ----------------------- --------------------- -----------------------
N/A N/A N/A N/A N/A
----------------------- -------------------- ----------------------- --------------------- -----------------------
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if
e.g. subscription, applicable)
conversion
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary shares of 0.5 Exercise of nil-cost option Nil-cost option over 8,443 Nil
pence each ("Ordinary under the Atkins Deferred shares was exercised in
Shares") Share Plan (the "DSP") accordance with the rules
of the DSP
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of nil-cost option Nil-cost option over 7,130 Nil
under the DSP. shares was exercised in
accordance with the rules
of the DSP.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of nil-cost option Nil-cost option over 7,189 Nil
under the DSP. shares was exercised in
accordance with the rules
of the DSP.
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Ordinary Shares Exercise of nil-cost option Nil-cost option over 20,003 Nil
under the WS Atkins plc shares was exercised in
Long Term Incentive Plan accordance with the rules
(the "LTIP") of the LTIP
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Ordinary Shares Exercise of nil-cost option Nil-cost option over 11,621 Nil
under the LTIP. shares was exercised in
accordance with the rules
of the LTIP.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of nil-cost option Nil-cost option over 10,366 Nil
under the LTIP. shares was exercised in
accordance with the rules
of the LTIP.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of units under the 14,470 units vested and Nil
WS Atkins plc Long-Term were exercised in
Growth Unit Plan (the accordance with the rules
"LGU") of the LGU. The value
of a unit on exercise is
equal to the difference
between the offer price and
preceding six
month average share price
at grant (GBP7.1869). The
net value was settled in
cash.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of units under the 19,336 units vested and Nil
WS Atkins plc LGU. were exercised in
accordance with the rules
of the LGU. The value
of a unit on exercise is
equal to the difference
between the offer price and
preceding six
month average share price
at grant (GBP8.6622). The
net value was settled in
cash.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of units under the 8,537 units vested and were Nil
LGU. exercised in accordance
with the rules of the LGU.
The value of
a unit on exercise is equal
to the difference between
the offer price and
preceding six month
average share price at
grant (GBP13.2835). The net
value was settled in cash.
---------------------------- ---------------------------- ---------------------------- ----------------------------
Ordinary Shares Exercise of units under the 6,604 units vested and were Nil
LGU. exercised in accordance
with the rules of the LGU.
The value of
a unit on exercise is equal
to the difference between
the offer price and
preceding six month
average share price at
grant (GBP13.5959). The net
value was settled in cash.
---------------------------- ---------------------------- ---------------------------- ----------------------------
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 or person acting in concert making the
disclosure and any other person:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
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None
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(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 or person acting in concert making the disclosure 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"
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None
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(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) No
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Supplemental Form 8 (SBL) No
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Date of disclosure: 30 June 2017
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Contact name: Richard Webster
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Telephone number: +44(0)20 7121 2600
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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 dealing disclosure
requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at
www.thetakeoverpanel.org.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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