TIDMCPS

RNS Number : 7479J

CPL Resources PLC

23 December 2020

   FORM   8.1(a)&(b)(i) 
   IRISH  TAKEOVER   PANEL 

DISCLOSURE UNDER RULE 8.1(a) AND (b)(i) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY OFFERORS, OFFEREES OR PARTIES ACTING IN CONCERT WITH THEM FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

   1.       KEY   INFORMATION 
 
 Name of person dealing       Shoyswell Partnership 
  (Note 1) 
 Company dealt in             Cpl Resources plc (" Cpl 
                               ") 
                             =========================== 
 Class of relevant security   Ordinary shares of EUR0.10 
  to which the dealings        (" Shares ") 
  being disclosed relate 
  (Note 2) 
                             =========================== 
 Date of dealing              23 December 2020 
                             =========================== 
 
   2.         INTERESTS AND SHORT POSITIONS 

(a) Interests and short positions (following dealing) in the class of relevant

security   dealt   in   (Note   3) 
 
                                             Long                 Short 
                               Number         (%)      Number       (%) 
                              =============  =======  ===========  ====== 
 (1) Relevant securities       2,305,491 8.309293% 
                              ======================  =================== 
 (2) Derivatives (other 
  than options) 
                              ======================  =================== 
 (3) Options and agreements 
  to purchase/sell 
                              ======================  =================== 
 Total                         2,305,491 8.309293% 
                              ======================  =================== 
 
 

(b) Interests and short positions in relevant securities of the company, other than the class dealt

  in   (Note   3) 
 
 Class of relevant security:                 Long                Short 
                                Number         (%)    Number         (%) 
                               ===========    =====  ===========    ====== 
 (1) Relevant securities       N/A 
                               ====================  ===================== 
 
   (2) Derivatives (other 
   than options) 
                               ====================  ===================== 
 
   (3) Options and agreements 
   to purchase/sell 
                               ====================  ===================== 
 Total 
                               ====================  ===================== 
 
 
   3.       DEALINGS  (Note   4) 
   (a)      Purchases and sales 
 
 Purchase/sale         Number of         Price 
                        relevant          per unit 
                        securities        (Note 5) 
 
 
   (b)      Derivatives transactions (other than options transactions) 
 
 Product     Nature of transaction   Number of relevant   Price per 
  name,       (Note 6)                securities           unit 
  e.g. CFD                            (Note 7)             (Note 5) 
 
 
   (c)      Options transactions in respect of existing relevant securities 
   (i)       Writing,  selling, purchasing or varying 
 
 Product      Writing,       Number of        Exercise   Type,            Expiry   Option 
  name,        selling,       securities       price      e.g. American,   date     money paid/received 
  e.g. call    purchasing,    to which                    European                  per unit 
  option       varying        the option                  etc.                      (Note 5) 
               etc.           relates (Note 
                              7) 
 
 
   (ii)      Exercising 
 
 Product name,             Number of securities       Exercise price 
  e.g. call option                                     per unit (Note 
                                                       5) 
 
 

(d) Other dealings (including transactions in respect of new securities) (Note 4)

 
 Nature of transaction         Details                          Price per unit 
  (Note 8)                                                       (if applicable) 
                                                                 (Note 5) 
Receipt by way          Anne Heraty and Paul               N/A 
 of contribution         Carroll (both directors 
 of 2,305,491            of Cpl) are the sole 
 Cpl Shares              partners of a partnership 
                         formed under the Partnership 
                         Act 1890 called Shoyswell 
                         Partnership (" Shoyswell 
                         "). On 23 December 2020, 
                         Anne Heraty contributed 
                         691,647 Shares in Cpl 
                         to Shoyswell and Paul 
                         Carroll contributed 
                         1,613,844 Shares in 
                         Cpl to Shoyswell. On 
                         completion of these 
                         contributions, Shoyswell 
                         entered into an irrevocable 
                         undertaking in favour 
                         of OUTSOURCING Inc. 
                         (" OUTSOURCING ") and 
                         its wholly owned subsidiary, 
                         Outsourcing Talent Ireland 
                         Limited (" Bidco ") 
                         in connection with the 
                         proposed acquisition 
                         of Cpl by OUTSOURCING 
                         on terms which are substantially 
                         the same as those entered 
                         into by Anne Heraty 
                         and Paul Carroll on 
                         5 November 2020 in favour 
                         of OUTSOURCING and Bidco. 
                        =================================  ===================== 
 

Ap11

   4.       OTHER  INFORMATION 

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or

  relating   to   the   voting   rights   or   future   acquisition   or   disposal   of   any 

relevant securities to which any derivative referred to on this form is referenced.

   If none, this should   be   stated. 

N/A

   Is a Supplemental Form 8 attached?  (Note   9)                                              NO 
 
 Date of disclosure               23 December 2020 
 Contact name                     Anne Heraty 
                                 ======================== 
 Telephone number                 +353 1 614 6000 
                                 ======================== 
 Name of offeree/offeror          Cpl Resources plc 
  with which acting in concert 
                                 ======================== 
 Specify category and nature      Director of the offeree 
  of acting in concert status 
                                 ======================== 
 

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END

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