REG - TClarke PLC TClarke PLC - Form 8 (OPD) - TClarke plc

TclarkeAnnouncement

25/04/2024 09:30

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RNS Number : 0212M  TClarke PLC  25 April 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:                                                     TClarke 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  TClarke plc
 relates:

      Use a separate form for each offeror/offeree
 (d) Is the discloser the offeror or the offeree?                                OFFEREE
 (e) Date position held:                                                         24 April 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 10p

                                                                      Interests      Short positions

                                                                      Number  %      Number    %
 (1) Relevant securities owned and/or controlled:                     Nil     Nil    Nil       Nil

 (2) Cash-settled derivatives:                                        Nil     Nil    Nil       Nil

 (3) Stock-settled derivatives (including options) and agreements to  Nil     Nil    Nil       Nil
 purchase/sell:
                                                                      Nil     Nil    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 in TClarke plc's ordinary shares of 10p each held by the
 directors of TClarke plc:

Director         Number of Ordinary Shares  % of issued share capital
 Mark Lawrence    661,882                    1.252%
 Trevor Mitchell  473,560                    0.896%
 Mike Crowder     580,707                    1.099%
 Iain McCusker    2,000                      0.004%
 Peter Maskell    41,500                     0.079%
 Aysegul Sabanci  2,000                      0.004%
 Jonathan Hook    20,000                     0.038%

 

 b)    Rights to subscribe for Interests in TClarke plc's ordinary shares of
 10p each held by the directors of TClarke plc:

Director         Type                                     Number of Options  Date of Grant  Vesting Date  Expiry Date  Exercise price
 Trevor Mitchell  TClarke Equity Incentive Plan             251,042           28.04.2021     28.04.2024    28.04.2031   Nil
 Mark Lawrence    TClarke Equity Incentive Plan            337,411            28.04.2021     28.04.2024    28.04.2031   Nil
 Mike Crowder     TClarke Equity Incentive Plan            287,827            28.04.2021     28.04.2024    28.04.2031   Nil
 Trevor Mitchell  TClarke 2021 Long Term  Incentive Plan   226,027            16.03.2022     16.03.2025    16.03.2032   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    301,370            16.03.2022     16.03.2025    16.03.2032   Nil
 Mike Crowder     TClarke  2021 Long Term Incentive Plan   256,849            16.03.2022     16.03.2025    16.03.2032   Nil
 Trevor Mitchell  TClarke 2021 Long Term Incentive Plan    253,382            27.03.2023     27.03.2026    27.03.2033   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    337,843            27.03.2023     27.03.2026    27.03.2033   Nil
 Mike Crowder     TClarke 2021 Long Term Incentive Plan    287,934            27.03.2023     27.03.2026    27.03.2033   Nil
 Trevor Mitchell  TClarke 2021 Long Term Incentive Plan    287,668            27.03.2024      27.03.2027   27.03.2034   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    383,478            27.03.2024     27.03.2027    27.03.2034   Nil
 Mike Crowder     TClarke 2021 Long Term Incentive Plan    326,877            27.03.2024     27.03.2027    27.03.2034   Nil

c)    Interests in TClarke plc's ordinary shares of 10p each held by other
 concert parties of TClarke plc:

Registered holder                                                               Number of Ordinary Shares  % of issued share capital
 Apex Financial Services (Trust Company) Limited, in its capacity as trustee of  437,831                    0.828%
 the TClarke Employee Share Ownership Trust

 

 

b)    Rights to subscribe for Interests in TClarke plc's ordinary shares of
10p each held by the directors of TClarke plc:

 

 Director         Type                                     Number of Options  Date of Grant  Vesting Date  Expiry Date  Exercise price
 Trevor Mitchell  TClarke Equity Incentive Plan             251,042           28.04.2021     28.04.2024    28.04.2031   Nil
 Mark Lawrence    TClarke Equity Incentive Plan            337,411            28.04.2021     28.04.2024    28.04.2031   Nil
 Mike Crowder     TClarke Equity Incentive Plan            287,827            28.04.2021     28.04.2024    28.04.2031   Nil
 Trevor Mitchell  TClarke 2021 Long Term  Incentive Plan   226,027            16.03.2022     16.03.2025    16.03.2032   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    301,370            16.03.2022     16.03.2025    16.03.2032   Nil
 Mike Crowder     TClarke  2021 Long Term Incentive Plan   256,849            16.03.2022     16.03.2025    16.03.2032   Nil
 Trevor Mitchell  TClarke 2021 Long Term Incentive Plan    253,382            27.03.2023     27.03.2026    27.03.2033   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    337,843            27.03.2023     27.03.2026    27.03.2033   Nil
 Mike Crowder     TClarke 2021 Long Term Incentive Plan    287,934            27.03.2023     27.03.2026    27.03.2033   Nil
 Trevor Mitchell  TClarke 2021 Long Term Incentive Plan    287,668            27.03.2024      27.03.2027   27.03.2034   Nil
 Mark Lawrence    TClarke 2021 Long Term Incentive Plan    383,478            27.03.2024     27.03.2027    27.03.2034   Nil
 Mike Crowder     TClarke 2021 Long Term Incentive Plan    326,877            27.03.2024     27.03.2027    27.03.2034   Nil

c)    Interests in TClarke plc's ordinary shares of 10p each held by other
concert parties of TClarke plc:

 

 Registered holder                                                               Number of Ordinary Shares  % of issued share capital
 Apex Financial Services (Trust Company) Limited, in its capacity as trustee of  437,831                    0.828%
 the TClarke Employee Share Ownership Trust

 

 

 

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:  25 April 2024
 Contact name:        Trevor Mitchell, Chief Financial Officer
 Telephone number:    +44 (0) 20 7997 7400

 

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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