GKLL Gaskell

RNS Number:0675Q
Granwood Holdings Limited
16 January 2002

                                                              FORM SAR 3

Lodge with Company Announcements Office and Newstrack, if appropriate, and
the Takeover Panel. A copy must also be sent to the company the shares of
which are acquired. 

Date of disclosure: 16 January 2002 

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF
SHARES ("SARs") 
 
Date of acquisition ...16 January 2002................................. 

Acquisition in ......Gaskell PLC..(name of company) 
                                                                               
  (1)     Class of voting    Number of shares/rights    If rights over shares 
          shares             over shares acquired       acquired, as opposed  
         (eg ordinary                                   to the shares         
           shares)                                      themselves, specify   
                                                        nature of rights      
                                                             
                                                       
       Ordinary 5p shares    1,183,146 shares           Not applicable          
                              
 
 
                                                                              
  (2)     Resultant total        Resultant total        Total percentage      
  holding of voting shares       holding of rights                            
  (and % of total voting         over shares (and %                           
  shares in issue)               of total voting                              
                                 shares in issue)
         
  7,132,474 shares ( 29.09 %)   7,132,474 ( 29.09 %)    7,132,474 ( 29.09 %)    
                                              
                                                        
 
 
(3)     Party making disclosure ............Granwood Holdings Limited..

(4)     (a)     Name of person acquiring shares or rights over shares
                Granwood Holdings Limited............. 
                and, if different, beneficial owner...............
                                   
 
        (b)     Names of any other persons acting by 
                agreement or understanding (see SAR 5) .Not applicable...... 
 
Signed, for and on behalf of the party named in (3) above
............................................................. 
 
(Also print name of signatory) .........Richard Taylor....
 
Telephone and extension number .........01246 590543..
                 ______________________________________ 

Note.     Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must
aggregate holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of
the SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129. 

 

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