REG-Water Island Capital Form 8.3 - GRESHAM HOUSE PLC

Gresham HouseAnnouncement

15/11/2023 13:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231115:nBwHcHnKa&default-theme=true


Form 8.3 - GRESHAM HOUSE PLC

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION
 (a) Identity of the person whose positions/dealings are being disclosed:            Water Island Capital, LLC  
 (b) Owner or controller of interests and short positions disclosed, if              N/A                        
 different from 1(a):                                                                                           
 
                                                                                                              
 
The naming of nominee or vehicle companies is insufficient                                                    
 (c) Name of offeror/offeree in relation to whose relevant securities this form      GRESHAM HOUSE PLC          
 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:                                                                       
 (e) Date position held/dealing undertaken:                                          14 November 2023           
 (f) Has the discloser previously disclosed, or are they today disclosing,                                      
 under the Code in respect of any other party to this offer?                         
                          
                                                                                     
No                        
                                                                                     
                          
                                                                                     
                          


2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:                           Ordinary shares                                     
 
                                                                                                         
 
                                                                                                         
                                                       Interests                   Short positions         
 
                                                                                                         
 
                                                                                                         
                                                       Number         %            Number          %       
 (1) Relevant securities owned and/or controlled:      581,605        1.5196                               
 (2) Derivatives (other than options):                                                                     
 (3) Options and agreements to purchase/sell:                                                              
                                                       581,605        1.5196                               
 
                                                                                                         
 
TOTAL:                                                                                                   


All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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
executive options)
 Class of relevant security in relation to which subscription right exists:           
 Details, including nature of the rights concerned and relevant percentages:          


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.

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

(a) Purchases and sales
 Class of relevant      Purchase/sale      Number of        Price per unit  
 
security              
                  
securities                      
                        
                                                   
 Ordinary Shares        Sale               20,181           GBP 10.8000     
                                                                            
                                                                            
                                                                            
                                                                            


(b) Derivatives transactions (other than options)
 Class of relevant      Product           Nature of dealing            Number of        Price per  
 
security              
description      
e.g. opening/closing a      
reference       
unit      
                        
e.g. CFD         
long/short position,        
securities                 
                                          
increasing/reducing a                                   
                                          
long/short position                                     
                                                                                                   
                                                                                                   
                                                                                                   


(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying
 Class of       Product           Writing,           Number           Exercise       Type            Expiry      Option     
 
relevant      
description      
purchasing,       
of              
price         
e.g.           
date       
money     
 
security      
e.g. call        
selling,          
securities      
per unit      
American,                  
paid/     
                
option           
varying etc.      
to which                       
European                   
received  
                                                     
option                         
etc.                       
per unit  
                                                     
relates                                                               
                                                                                                                            


(ii) Exercising
 Class of relevant      Product description      Number of        Exercise price per  
 
security              
e.g. call option        
securities      
unit               
                                                                                      
                                                                  
                   
                                                                  
                   


(d) Other dealings (including subscribing for new securities)
 Class of relevant      Nature of dealing                   Details      Price per unit (if  
 
security              
e.g. subscription, conversion                   
applicable)        
                                                                                             
                        
                                                                    
                        
                                                                    


The currency of all prices and other monetary amounts should be stated.

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.

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:                                             
 
                                                                              
 
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:      15 November 2023  
                          
                 
                          
                 
 Contact name:            Scott Gordon      
 Telephone number:        917-475-9254      


Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service and must also be emailed to the Takeover Panel at
monitoring@disclosure.org.uk (mailto:monitoring@disclosure.org.uk) . 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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=53832736&newsitemid=20231115657373&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=7f48ae099ed66c0165b05ea47f05d942)
.



View source version on businesswire.com:
https://www.businesswire.com/news/home/20231115657373/en/
(https://www.businesswire.com/news/home/20231115657373/en/)

Water Island Capital, LLC


Copyright Business Wire 2023