GGT Group PLC - Rule 8 Disclosure
20 February 1998 - 9:34PM
UK Regulatory
RNS No 3129q
THE GGT GROUP PLC
Date of Disclosure..20TH FEBRUARY 1998...
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKE-OVERS AND MERGERS
Date of dealing..19TH FEBRUARY 1998.
Dealing in..THE GGT GROUP PLC.............................(name of company)
(1) Class of securities (eg ordinary shares)..ORDINARY SHARES OF 5 PENCE EACH
(2) Amount bought Amount sold Price per unit
649,447 202.5P
(3) Resultant total of the same class owned or controlled
(and percentage of class)..8,271,544............................... (11.87%)
(4) Party making disclosure..HERBERT SMITH (ON BEHALF OF OMNICOM GROUP INC).
(5) EITHER (a) Name of purchaser/vendor (Note 1)..OMNICOM GROUP INC..........
OR (b) if dealing for discretionary client(s), name of fund management
organisation
................N/A............................................................
(6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf)....N/A........
If category (8), explain.........N/A............................................
................................................................................
(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more
of the class of relevant securities dealt in) YES
Signed, for and on behalf of the party named in (4) above......N/A..............
(Also print name of signatory)..HERBERT SMITH...................................
Telephone and extension number..0171 466 2436...................................
Note 1. Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, eg where an owner normally acts on instructions of
a controller.
Note 2. Disclosure might be made for more than one reason; if so, state all
reasons.
Note 3. Specify which offeror if there is more than one.
Note 4. When an arrangement exists with any offeror, with the offeree company
or with an associate of any offeror or of the offeree company in relation to
relevant securities, details of such arrangement must be disclosed, as required
by Note 6 on Rule 8............................................................
...............................................................................
...............................................................................
For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Take-overs and Mergers, Tel. No: 0171-382 9026.
END
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