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
|
M&G Plc / M&G Investment Management
Limited
|
|
(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
|
Dalata Hotel Group plc
|
|
(d) If an exempt fund manager connected with
an offeror/offeree, state this and specify identity
of
offeror/offeree (Note 1)
|
N/A
|
|
(e) Date position held/dealing
undertaken
For an opening position disclosure, state the
latest
practicable date prior to the disclosure
|
06
March 2025
|
|
(f) In addition to the company in 1(c)
above, is the discloser 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"
|
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.
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 security
(Note 3)
|
ORD EUR
0.01
|
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
|
(1) Relevant securities owned and/or
controlled
|
941,842
|
0.44%
|
|
|
|
(2) Cash-settled derivatives
|
|
|
|
|
|
(3) Stock-settled derivatives
(including
options) and agreements to
purchase/ sell
|
|
|
|
|
|
Total
|
941,842
|
0.44%
|
|
|
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
security
|
Purchase/sale
|
Number of
securities
|
Price per unit
(Note
5)
|
|
|
|
|
|
(b)
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
e.g.
CFD
|
Nature of dealing
e.g.
opening/ closing a
long/ short position, increasing/ reducing a long/
short position
|
Number of
reference
securities
(Note 6)
|
Price
per unit
(Note 5)
|
|
|
|
|
|
|
(c)
Stock-settled derivative transactions (including
options)
(i)
Writing, selling, purchasing or varying
|
Class of
relevant
security
|
Product
description e.g. call
option
|
Writing, purchasing,
selling, varying
etc.
|
Number
of
securities
to
which
option
relates
(Note 6)
|
Exercise
price per
unit
|
Type
e.g.
American,
European
etc.
|
Expiry
date
|
Option
money
paid/
received
per
unit
|
|
|
|
|
|
|
|
|
|
(ii)
Exercise
|
Class of
relevant
security
|
Product
description
e.g.
call
option
|
Exercising/
exercised
against
|
Number of
securities
|
Exercise
price
per
unit
(Note 5)
|
|
|
|
|
|
|
(d)
Other dealings (including transactions in respect of new
securities) (Note 3)
|
Class of
relevant
security
|
Nature of dealing
e.g.
subscription,
conversion,
exercise
|
Details
|
Price per unit (if
applicable)
(Note 5)
|
|
|
|
|
|
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
|
07 March
2025
|
|
Contact name
|
Shivani
Puranik
|
|
Telephone number
|
020 3755
8331
|
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.
