REG - Mulberry Group PLC - Mulberry Group plc – Form 8 (OPD)

MulberryAnnouncement

11/10/2024 08:45

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RNS Number : 8664H  Mulberry Group PLC  11 October 2024

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Full name of discloser:                                                     Mulberry Group plc
 (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.  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  Mulberry Group plc
 relates:

      Use a separate form for each offeror/offeree
 (d) Is the discloser the offeror or the offeree?                                Offeree
 (e) Date position held:                                                         10 October 2024

      The latest practicable date prior to the disclosure
 (f)  In addition to the company in 1(c) above, is the discloser making          N/A
 disclosures in respect of any other party to the offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

2.         POSITIONS OF THE PARTY TO THE OFFER 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

 

 Class of relevant security:                                          Ordinary Shares of 5 pence each

                                                                      Interests           Short positions

                                                                      Number    %         Number    %
 (1) Relevant securities owned and/or controlled:                     Nil       -         Nil       -
 (2) Cash-settled derivatives:                                        Nil       -         Nil       -

 (3) Stock-settled derivatives (including options) and agreements to  Nil       -         Nil       -
 purchase/sell:
                                                                      Nil       -         Nil       -

      TOTAL:

 

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).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

 Class of relevant security in relation to which subscription right exists:   N/A
 Details, including nature of the rights concerned and relevant percentages:  N/A

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO
THE OFFER MAKING THE DISCLOSURE

 

 Details of any interests, short positions and rights to subscribe (including
 directors' and other employee options) of any person acting in concert with
 the party to the offer making the disclosure:

 (a) Interests held by the directors of Mulberry Group plc, their close
 relatives and related trusts:

Name              Number of ordinary shares in Mulberry Group plc  Percentage of total issued share capital
 Steven Grapstein  10,000                                           0.01%
 Melissa Ong       10,000                                           0.01%

 

 (b) Interests held as options or awards under the share plans of Mulberry
 Group plc by the directors of Mulberry Group plc and their close relatives and
 related trusts:

Name              Number of shares  Date of grant                                                                                Exercise price  Expiry date

                           Vesting

                           date
 Andrea Baldo      3,000,000         01.09.2024                                                                                   111.5p          01.09.2034

                           1,000,000 options vest on each of  01.09.2027, 01.09.2028 and 01.09.2029
 Charles Anderson  100,000           25.11.2019                                                                                   270.5p          25.11.2029

                           25.11.2022

 

 (c) Interests held by concert party members in Mulberry Group plc:

Name                Number of ordinary shares in Mulberry Group plc  Percentage of total issued share capital
 Challice Limited *  39,765,344                                       56.43%

 

(b) Interests held as options or awards under the share plans of Mulberry
Group plc by the directors of Mulberry Group plc and their close relatives and
related trusts:

 Name              Number of shares  Date of grant                                                                                Exercise price  Expiry date

                                                    Vesting

                                                    date
 Andrea Baldo      3,000,000         01.09.2024                                                                                   111.5p          01.09.2034

                                                    1,000,000 options vest on each of  01.09.2027, 01.09.2028 and 01.09.2029
 Charles Anderson  100,000           25.11.2019                                                                                   270.5p          25.11.2029

                                                    25.11.2022

 

 

(c) Interests held by concert party members in Mulberry Group plc:

 

 Name                Number of ordinary shares in Mulberry Group plc  Percentage of total issued share capital
 Challice Limited *  39,765,344                                       56.43%

 

* controlled by Ong Beng Seng and Christina Ong

 

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).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

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 party to
 the offer making the disclosure or any person acting in concert with it:

 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 party to the offer making the disclosure, or any person acting in
 concert with it, 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

 

Are any Supplemental Forms attached?

 

 Supplemental Form 8 (Open Positions)  No
 Supplemental Form 8 (SBL)             No

 

 

 Date of disclosure:  11 October 2024
 Contact name:        Kate Anthony Wilkinson
 Telephone number:    +44 (0) 1761 234500

 

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.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

 

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