TIDMGLAN

RNS Number : 1720L

Alexander Milne

01 September 2023

Ap27

FORM 8.3

IRISH TAKEOVER PANEL

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER

RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

   1.             KEY INFORMATION 
 
 (a) Full name of discloser                   Alexander Milne 
       (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            Glantus Holdings plc 
        in relation to whose relevant 
        securities this form relates 
        Use a separate form for each 
        offeror/offeree 
                                             ------------------------ 
 (d) If an exempt fund manager 
  connected with an offeror/offeree, 
  state this and specify identity 
  of offeror/offeree (Note 1) 
                                             ------------------------ 
       (e) Date position held/dealing         31 August 2023 
        undertaken 
        For an opening position disclosure, 
        state the latest practicable 
        date prior to the disclosure 
                                             ------------------------ 
       (f) In addition to the company         N/A 
        in 1(c) above, is the discloser        If YES, specify which: 
        also making disclosures in 
        respect of any other party 
        to the offer? 
        If it is a cash offer or possible 
        cash offer, state "N/A" 
                                             ------------------------ 
 
   2.             INTERESTS AND SHORT POSITIONS 

If there are interests and short positions to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2 for each additional class of relevant security.

Ap28

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

(Note 2)

 
 Class of relevant                  Ordinary EUR0.01 
  security 
  (Note 3) 
                              Interests     Short positions 
                            -------------  ----------------- 
                            Number    %       Number      % 
                            -------  ----  ------------- 
 (1) Relevant securities 
  owned and/or controlled   517,003  1.01 
                            -------  ----  ------------- 
 (2) Cash-settled 
  derivatives 
                            -------  ----  ------------- 
 (3) Stock-settled 
  derivatives (including 
  options) and agreements 
  to purchase/ sell 
                            -------  ----  ------------- 
 Total                      517,003  1.01 
                            -------  ----  ------------- 
 

All interests and all short positions should be disclosed.

Details of options including rights to subscribe for new securities and 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.

   3.             DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4) 

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 
 
 Class of relevant    Purchase/sale    Number of     Price per unit 
  security                              securities    (Note 5) 
  Ordinary EUR0.01    Purchase         226,893       32.27p 
                     ---------------  ------------  --------------- 
 

Ap29

   (b)           Cash-settled derivative transactions 
 
 Class       Product        Nature of        Number        Price 
  of          description    dealing          of            per 
  relevant    e.g. CFD       e.g. opening/    reference     unit 
  security                   closing a        securities    (Note 
                             long/ short      (Note         5) 
                             position,        6) 
                             increasing/ 
                             reducing a 
                             long/ short 
                             position 
 
 
   (c)           Stock-settled derivative transactions (including options) 
   (i)            Writing, selling, purchasing or varying 
 
Class      Product       Writing,      Number       Exercise  Type        Expiry  Option 
 of         description   purchasing,   of           price     e.g.        date    money 
 relevant   e.g.          selling,      securities   per       American,           paid/ 
 security   call          varying       to           unit      European            received 
            option        etc.          which                  etc.                per 
                                        option                                     unit 
                                        relates 
                                        (Note 
                                        6) 
 
 
   (ii)           Exercise 
 
 Class       Product        Exercising/   Number        Exercise 
  of          description    exercised     of            price 
  relevant    e.g. call      against       securities    per 
  security    option                                     unit 
                                                         (Note 
                                                         5) 
 
 
   (d)           Other dealings (including transactions in respect of new securities) (Note 3) 
 
  Class        Nature of dealing      Details    Price per 
  of                                             unit (if 
   relevant     e.g. subscription,                applicable) 
   security     conversion,                       (Note 5) 
                exercise 
 
 

Ap30

   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 person making the disclosure and 
  any party to the offer or any person 
  acting in concert with a party to the 
  offer. 
  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 
 
 Full details of any agreement, arrangement 
  or understanding between the person disclosing 
  and any other person relating to the 
  voting rights of any relevant securities 
  under any option referred to on this 
  form or relating to the voting rights 
  or future acquisition or disposal of 
  any relevant securities to which any 
  derivative referred to on this form is 
  referenced. If none, this should be stated. 
  None 
 
   (c)           Attachments 
 
 Is a Supplemental Form 8 attached?   NO 
 
 
 Date of disclosure  1 September 2023 
 Contact name        Alexander Milne 
                     ---------------- 
 Telephone number 
                     ---------------- 
 

Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

Ap31

NOTES ON FORM 8.3

   1.             See the definition of "connected fund manager" in Rule 2.2 of Part A of the Rules. 

2. See the definition of "interest in a relevant security" in Rule 2.5 of Part A of the Rules and see Rule 8.6(a) and (b) of Part B of the Rules.

   3.             See the definition of "relevant securities" in Rule 2.1 of Part A of the Rules. 
   4.             See the definition of "dealing" in Rule 2.1 of Part A of the Rules. 

5. If the economic exposure to changes in the price of securities is limited, for example, by virtue of a stop loss arrangement relating to a spread bet, full details must be given.

   6.             See Rule 2.5(d) of Part A of the Rules. 

7. If details included in a disclosure under Rule 8 are incorrect, they should be corrected as soon as practicable in a subsequent disclosure. Such disclosure should state clearly that it corrects details disclosed previously, identify the disclosure or disclosures being corrected, and provide sufficient detail for the reader to understand the nature of the corrections. In the case of any doubt, the Panel should be consulted.

For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel.

References in these notes to "the Rules" are to the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

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