Platform Specialty Products Corp. Form 8 (DD) - Platform Specialty Products Corp (8478G)
24 Noviembre 2015 - 12:07PM
UK Regulatory
TIDMPAH TIDMALNT
RNS Number : 8478G
Platform Specialty Products Corp.
24 November 2015
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) Full name of discloser: Berggruen Holdings Ltd.*
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(b) Owner or controller of interests and short positions Details regarding the trustee, settlor and beneficiaries
disclosed, if different from 1(a): of the Nicolas Berggruen Charitable
The naming of nominee or vehicle companies is Trust are set forth in the footnote (*) below.
insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose relevant Platform Specialty Products Corporation (offeror)
securities this form relates:
Use a separate form for each offeror/offeree
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(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity
of offeror/offeree:
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(e) Date position held/dealing undertaken: 24 November 2015
For an opening position disclosure, state the latest
practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is the NO
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"
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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: Shares of common stock, par value $0.01 per share
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Interests Short positions
----------------------------------------------------------- ------------------------------------- ------------------
Number % Number %
----------------------------------------------------------- ----------------------- ------------ ------------- ---
(1) Relevant securities owned and/or controlled: 10,478,740* 4.97
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(2) Cash-settled derivatives:
----------------------------------------------------------- ----------------------- ------------ ------------- ---
(3) Stock-settled derivatives (including options) and
agreements to purchase/sell:
----------------------------------------------------------- ----------------------- ------------ ------------- ---
TOTAL: 10,478,740 4.97
----------------------------------------------------------- ----------------------- ------------ ------------- ---
(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: Series A preferred stock
---------------------------------------------------------------------------- ----------------------------------------
Interests Short positions
---------------------------------------------------------------------------- -------------------- ------------------
Number % Number %
---------------------------------------------------------------------------- ---------- -------- ------------- ---
(1) Relevant securities owned and/or controlled: 893,000 44.65
---------------------------------------------------------------------------- ---------- -------- ------------- ---
(2) Cash-settled derivatives:
---------------------------------------------------------------------------- ---------- -------- ------------- ---
(3) Stock-settled derivatives (including options) and agreements to
purchase/sell:
---------------------------------------------------------------------------- ---------- -------- ------------- ---
TOTAL: 893,000 44.65
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* Based on a Schedule 13D filed with the U.S. Securities and
Exchange Commission by Berggruen Holdings Ltd. ("BHL") on January
2, 2015. BHL and the Nicolas Berggruen Charitable Trust (the "NB
Charitable Trust") may be deemed to beneficially own and have
shared power to vote, or to direct the vote, and shared power to
dispose, or to direct the disposition of, the shares of common
stock and the Series A preferred stock disclosed above. The Series
A preferred stock are convertible at any time at the option of the
holder into the same number of shares of common stock. Nicolas
Berggruen, a director of Platform Specialty Products Corporation,
does not have any pecuniary or beneficial ownership of shares
reported by BHL. Mr. Berggruen is one of three directors of BHL.
All of the shares of BHL are owned by the NB Charitable Trust, a
philanthropic trust dedicated to supporting the arts and activities
of the Nicolas Berggruen Institute, an independent, non-partisan
think tank. The trustee of the NB Charitable Trust is Maitland
Trustees Limited, a British Virgin Islands corporation acting as an
institutional trustee in the ordinary course of business without
the purpose or effect of changing or influencing control of
Platform Specialty Products Corporation. The settlor of the NB
Charitable Trust was Mr. Heinz Berggruen.
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: N/A
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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
--------------------------- -------------- --------------------- -------------------------------
Common Stock Purchase 250,000 $11.94 on 20 November 2015 (1)
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Common Stock Purchase 250,000 $11.81 on 19 November 2015 (1)
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(1) The prices reported are weighted average prices. These
shares were acquired in multiple transactions at prices ranging
from $11.80 to $12.30, inclusive, on 20 November 2015 and from
$11.65 to $12.02, inclusive, on 19 November 2015.
(b) Cash-settled derivative transactions
Class of relevant Product description Nature of dealing Number of reference Price per unit
security e.g. CFD e.g. opening/closing a securities
long/short position,
increasing/reducing a
long/short position
------------------------- -------------------- ------------------------- ------------------------- ---------------
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of Product Writing, Number of Exercise Type Expiry date Option money
relevant description purchasing, securities price per e.g. paid/
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