Rule 8 - (Hamleys PLC)
17 Junio 2003 - 6:36AM
UK Regulatory
RNS Number:4148M
Cantor Fitzgerald Europe
17 June 2003
FORM 8.1/8.3
Lodge with a RIS or Newstrack and the Takeover Panel. Use separate form for each
class of securities in which dealings have been made.
Date of disclosure 17/06/03...........
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS
Date of dealing 16/06/03..................................
Dealing in Hamleys Plc................(name of company)
(1) Class of securities (eg ordinary shares) ordinary shares.........
(2) Amount bought Amount sold Price per unit
100,000 1.94
In addition, Cantor Fitzgerald Europe (and affiliates) have undertaken certain
CFD and Spreadbet transactions(see below).
(3) Resultant total of the same class owned or controlled
(and percentage of class) 1,020,000 shares* ( 4.41%)
4. Party making disclosure Cantor Fitzgerald Europe.......................
(5) EITHER (a) Name of purchaser/vendor (Note 1) Cantor Fitzgerald
Europe........................
OR (b) If dealing for discretionary client(s), name of fund
management organisation
.........................................................................
(6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf) ..........
If category (8), explain ................................................
.........................................................................
(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or
more of the class of relevant securities dealt in) YES
Signed, for and on behalf of the party named in (4) above .....................
(Also print name of signatory) Simon Rogers...................
Telephone and extension number 020 7894 7854..............................
______________________________________
*In addition, Cantor Fitzgerald Europe(and affiliates) are party to certain CFDs
and Spreadbets (see below)
Note 1. Specify owner, not nominee or vehicle company. If relevant,
also identify controller of owner, eg where an owner normally acts on
instructions of a controller.
Note 2. Disclosure might be made for more than one reason; if so,
state all reasons.
Note 3. Specify which offeror if there is more than one.
Note 4. When an arrangement exists with any offeror, with the
offeree company or with an associate of any offeror or of the offeree
company in relation to relevant securities, details of such arrangement
must be disclosed, as required by Note 6 on Rule 8.
Note 5. It may be necessary, particularly when disclosing derivative
transactions, to append a sheet to this disclosure form so that all
relevant information can be given.
Note 6. In the case of an average price bargain, each underlying
trade should be disclosed.
For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Takeovers and Mergers, Monitoring Section, Tel. No:
020 7638 0129. E-mail:monitoring@disclosure.org.uk
Date of Disclosure: June 17, 2003
Form 8 Enclosure
Cantor Fitzgerald Europe is the beneficial owner of 1,020,000 Hamleys PLC
ordinary shares. 1,018,200 of these shares are held to hedge Spreadbet positions
between Cantor Index Limited and other clients.
A Spread Bet is a product where the client to whom the product is sold can
realise a gain or a loss depending on whether the price of the underlying
security increases above or falls below the reference price. The client's Spread
bet position is described as his "stake". A "stake" is expressed in pounds
(sterling) per "point" and a "point" is the price in pence of the underlying
shares. A client with a "stake" of #100 per point will make a gain of #100 for
every penny increase in the underlying shares and he/she has an exposure
equivalent to 10,000 shares.
A purchaser of a Spread Bet contract will realise a gain if the price of the
underlying security goes up. A seller of a Spread Bet contract will realise a
gain if the price of the underlying security goes down.
There are no written or oral agreements between Cantor Fitzgerald Europe and any
clients concerning the control of voting rights in relation to the underlying
shares used to hedge the Spreadbets.
Spread Bets Cantor Reference
Hamleys PLC Fitzgerald Stake - # per Point Price
Expiry Date Date Executed Buy/Sell 1 Point = 1 pence (pence)
16-Sep-03 June 3, 2003 Sell 250 175.3
16-Sep-03 June 3, 2003 Sell 50 175.3
16-Sep-03 June 3, 2003 Sell 500 176.3
16-Sep-03 June 4, 2003 Sell 2,000 188.4
16-Sep-03 June 4, 2003 Sell 50 185.4
16-Sep-03 June 4, 2003 Sell 1,000 186.4
16-Sep-03 June 4, 2003 Sell 500 188.4
16-Sep-03 June 4, 2003 Sell 500 192.5
16-Sep-03 June 4, 2003 Sell 500 190.5
16-Sep-03 June 4, 2003 Sell 250 190.5
16-Sep-03 June 5, 2003 Sell 30 196
16-Sep-03 June 5, 2003 Sell 2 200
16-Sep-03 June 5, 2003 Sell 500 191.4
16-Sep-03 June 6, 2003 Sell 500 191.4
16-Sep-03 June 10, 2003 Sell 1,000 190.4
16-Sep-03 June 11, 2003 Sell 250 192.4
16-Sep-03 June 12, 2003 Sell 1,000 192.3
16-Sep-03 June 16, 2003 Sell 1,000 192.3
16-Sep-03 June 16, 2003 Sell 300 191.9
10,182
Spread Bets Closed out
16-Jun-03 Open Date Open Price Close Price
17-Jun-03 May 29, 2003 Sell 200 164 193.4
17-Jun-03 May 29, 2003 Sell 100 166 193.4
This information is provided by RNS
The company news service from the London Stock Exchange
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