Form 8.3 - Tyman plc
FORM 8.3
PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH
INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORERule 8.3 of the Takeover Code (the
“Code”)
1. KEY
INFORMATION
(a) Full name of discloser: |
Sculptor Capital LP and Sculptor Capital Management Europe
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. |
|
(c) Name of offeror/offeree in relation to whose relevant
securities this form relates: Use
a separate form for each offeror/offeree |
Tyman plc |
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree: |
|
(e) Date position held/dealing
undertaken: For an opening
position disclosure, state the latest practicable date prior to the
disclosure |
26 June 2024 |
(f) In addition to the company in 1(c) above, is the
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” |
N/A |
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 (if
any)
Class of relevant
security: |
5p ordinary (GB00B29H4253) |
|
Interests |
Short positions |
|
Number |
% |
Number |
% |
(1) Relevant securities owned and/or
controlled: |
|
|
|
|
(2) Cash-settled
derivatives: |
2,100,000 |
1.07 |
2,000,000 |
1.02 |
(3) Stock-settled derivatives (including options) and
agreements to purchase/sell: |
|
|
|
|
TOTAL: |
2,100,000 |
1.07 |
2,000,000 |
1.02 |
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).
(b) Rights to
subscribe for new securities (including directors’ and other
employee options)
Class of relevant security in relation to which
subscription right exists: |
|
Details, including nature of the rights concerned and
relevant percentages: |
|
3. DEALINGS
(IF ANY) 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
Class of relevant security |
Purchase/sale |
Number of securities |
Price per unit |
|
|
|
|
|
|
|
|
(b) Cash-settled
derivative transactions
Class of relevant security |
Product descriptione.g. CFD |
Nature of dealinge.g. opening/closing a long/short
position, increasing/reducing a long/short position |
Number of reference securities |
Price per unit |
5p ordinary |
CFD |
Increasing a long position |
2,000,000 |
GBP 3.5 |
5p ordinary |
CFD |
Opening a short position |
2,000,000 |
GBP 3.5 |
(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 |
Exercise price per unit |
Typee.g. American, European etc. |
Expiry date |
Option money paid/ received per unit |
|
|
|
|
|
|
|
|
(ii)
Exercise
Class of relevant security |
Product descriptione.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
|
|
|
|
|
(d) Other
dealings (including subscribing for new securities)
Class of relevant security |
Nature of dealinge.g. subscription,
conversion |
Details |
Price per unit (if applicable) |
|
|
|
|
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
Details of any agreement, arrangement or understanding,
formal or informal, between the person 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” |
None |
(c)
Attachments
Is a Supplemental Form 8 (Open Positions)
attached? |
NO |
Date of disclosure: |
27 June 2024 |
Contact name: |
Angela Berti |
Telephone number*: |
020 7758 4419 |
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.
*If the discloser is a natural person, a
telephone number does not need to be included, provided contact
information has been provided to the Panel’s Market Surveillance
Unit.
The Code can be viewed on the Panel’s website at
www.thetakeoverpanel.org.uk.