TIDMECSC TIDMTTM

RNS Number : 3161W

ECSC Group PLC

14 April 2023

The 'Form 8 (OPD) ECSC Group plc' announcement released on 14 April 2023 at 7.00 a.m. under RNS No 1895W has been reformatted.

All material details remain unchanged.

The full text is shown below.

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:                     ECSC Group plc 
 (b) Owner or controller of interests            N/A 
  and short positions disclosed, if 
  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                  ECSC Group plc 
  relation to whose relevant securities 
  this form relates: 
  Use a separate form for each offeror/offeree 
                                                --------------- 
 (d) Is the discloser the offeror                Offeree 
  or the offeree? 
                                                --------------- 
 (e) Date position held:                         13 April 2023 
  The latest practicable date prior 
  to the disclosure 
                                                --------------- 
 (f) In addition to the company                  N/A 
  in 1(c) above, is the 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" 
                                                --------------- 
 
   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: 
                                      Interests     Short positions 
                                    ------------  ------------------ 
                                     Number    %      Number      % 
                                    --------      -------------  --- 
 (1) Relevant securities               Nil     -       Nil        - 
  owned and/or controlled: 
                                    --------      -------------  --- 
 (2) Cash-settled derivatives:         Nil     -       Nil        - 
                                    --------      -------------  --- 
 (3) Stock-settled derivatives         Nil     -       Nil        - 
  (including options) 
  and agreements to 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           Nil 
  in relation to which subscription 
  right exists: 
 Details, including nature            Nil 
  of the rights concerned and 
  relevant percentages: 
                                     ---- 
 
   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) Ordinary shares of 1 pence each ("Ordinary Shares") 
       held by directors of ECSC Group plc and their close relatives 
       and related trusts (excluding the options and awards 
       set out below): 
 
        Name               Number of Ordinary   % of Ordinary Shares 
                                  Shares held                   held 
        Ian Mann                    2,388,756                 23.86% 
                          -------------------  --------------------- 
        Karen Shore                   107,118                  1.07% 
                          -------------------  --------------------- 
        Linda Brown                    24,150                  0.24% 
                          -------------------  --------------------- 
        Lauren Brown                    9,345                  0.09% 
                          -------------------  --------------------- 
        Max Brown                       9,345                  0.09% 
                          -------------------  --------------------- 
 
        Lucy Sharp                    250,807                  2.50% 
                          -------------------  --------------------- 
        Pauline Allison                 4,254                  0.04% 
                          -------------------  --------------------- 
 
        David Mathewson                35,419                  0.35% 
                          -------------------  --------------------- 
 
        Gemma Basharan                 11,562                  0.11% 
                          -------------------  --------------------- 
        Christopher 
         James                          1,000                  0.01% 
                          -------------------  --------------------- 
 
 
       Options held by directors of ECSC Group plc in ECSC Group 
       plc shares 
 
        Name              Granted      Number           Exercise   Vest date    Expiry 
                                        of options       price                   date 
                                        over Ordinary 
                                        Shares 
                                        held 
        Ian Mann          28/09/2020          100,000    GBP0.69   28/09/2024   27/09/2030 
                         -----------  ---------------  ---------  -----------  ----------- 
        Lucy Sharp        21/08/2020          144,758    GBP0.65   21/08/2020   20/08/2030 
                         -----------  ---------------  ---------  -----------  ----------- 
        Lucy Sharp        28/09/2020          100,000    GBP0.69   28/09/2024   27/09/2030 
                         -----------  ---------------  ---------  -----------  ----------- 
        David Mathewson   18/04/2018          100,000    GBP0.79   18/04/2021   17/05/2028 
                         -----------  ---------------  ---------  -----------  ----------- 
        Gemma Basharan    21/08/2020           64,651    GBP0.65   21/08/2020   20/08/2030 
                         -----------  ---------------  ---------  -----------  ----------- 
        Gemma Basharan    28/09/2020           80,000    GBP0.69   28/09/2024   27/09/2030 
                         -----------  ---------------  ---------  -----------  ----------- 
 

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:    14 April 2023 
 Contact name:          Gemma Basharan 
                       --------------------- 
 Telephone number:      +44 (0) 1274 736 223 
                       --------------------- 
 

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 .

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