TIDMDTE

RNS Number : 5656E

Datong PLC

13 May 2013

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) Identity of the party to the offer making the disclosure:                                  DATONG PLC 
---------------------------------------------------------------------------------------------  ------------ 
 (b) Owner or controller of interests and short positions disclosed, if 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 relates:        DATONG PLC 
  Use a separate form for each party to the offer 
---------------------------------------------------------------------------------------------  ------------ 
 (d) Is the party to the offer making the disclosure the offeror or the offeree?                OFFEREE 
---------------------------------------------------------------------------------------------  ------------ 
 (e) Date position held:                                                                        10 MAY 2013 
---------------------------------------------------------------------------------------------  ------------ 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in respect   NO 
  of any other party to this offer? 
---------------------------------------------------------------------------------------------  ------------ 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 
 Class of relevant security: 
-------------------------------------------------  -------------------------------- 
                                                     Interests     Short positions 
-------------------------------------------------  ------------  ------------------ 
                                                    Number    %      Number      % 
-------------------------------------------------  --------      -------------  --- 
 (1) Relevant securities owned and/or controlled: 
-------------------------------------------------  --------      -------------  --- 
 (2) Derivatives (other than options): 
-------------------------------------------------  --------      -------------  --- 
 (3) Options and agreements to purchase/sell: 
-------------------------------------------------  --------      -------------  --- 
                                                     NONE             NONE 
   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).

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:    NONE 
----------------------------------------------------------------------------  ----- 
 Details, including nature of the rights concerned and relevant percentages:   NONE 
----------------------------------------------------------------------------  ----- 
 

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.

   (c)        Irrevocable commitments and letters of intent 
 
 Details of any irrevocable commitments or letters of intent procured by the party to the offer 
  making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of 
  the Code): 
----------------------------------------------------------------------------------------------- 
 
   NONE 
----------------------------------------------------------------------------------------------- 
 
   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 of any person acting in 
  concert with the party to the offer making the disclosure: 
------------------------------------------------------------------------------------------------- 
 
   Persons acting in concert with Datong plc have the following beneficial interests in the share 
   capital of Datong plc: 
    Director         Number of Ordinary   Holding as % 
                      Shares               of Total Voting 
                                           Rights 
   ---------------  -------------------  ----------------- 
    Paul Lever                   81,750               0.59 
   ---------------  -------------------  ----------------- 
    Grant Ashley                 22,800               0.16 
   ---------------  -------------------  ----------------- 
    Stephen Ayres                20,000               0.14 
   ---------------  -------------------  ----------------- 
    Brian Smith                 126,110               0.91 
   ---------------  -------------------  ----------------- 
 
 
   In addition to the above shareholdings: 
 
   The below options are held under the Enterprise Management Incentive Share Option Scheme. 
   Subject to certain conditions, the Directors may exercise the options under the Schemes at 
   any time between the dates shown below. 
 
   Mark Cook: 
    Number of Options   Exercise Price   Date from which   Expiry Date 
                         (pence)          Exercisable 
   ------------------  ---------------  ----------------  ------------- 
              200,000             30.0      13 June 2015   12 June 2022 
   ------------------  ---------------  ----------------  ------------- 
 
 
   Stephen Ayres: 
    Number of Options   Exercise Price   Date from which   Expiry Date 
                         (pence)          Exercisable 
   ------------------  ---------------  ----------------  ------------- 
               40,000             87.5      14 July 2011   13 July 2018 
   ------------------  ---------------  ----------------  ------------- 
               60,000             30.0      13 June 2012   12 June 2022 
   ------------------  ---------------  ----------------  ------------- 
              100,000             30.0      13 June 2015   12 June 2022 
   ------------------  ---------------  ----------------  ------------- 
 
 
   Brian Smith: 
    Number of Options   Exercise Price   Date from which   Expiry Date 
                         (pence)          Exercisable 
   ------------------  ---------------  ----------------  ------------- 
              300,000           111.5p      27 July 2010   26 July 2017 
   ------------------  ---------------  ----------------  ------------- 
               40,000             87.5      14 July 2011   13 July 2018 
   ------------------  ---------------  ----------------  ------------- 
------------------------------------------------------------------------------------------------- 
 

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 3 for each additional class of relevant security.

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).

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: 
  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:    13 May 2013 
---------------------  --------------------- 
 Contact name:          STEPHEN AYRES 
---------------------  --------------------- 
 Telephone number:      +44 (0) 113 239 5350 
---------------------  --------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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