FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the Takeover Code)
1. KEY INFORMATION
|
Name of person dealing (Note 1) |
Arden Partners plc
|
|
Company dealt in |
Business Direct Group plc
|
|
Class of relevant security to which the dealings being disclosed relate (Note 2)
|
Ordinary Shares of 1 pence each |
|
Date of dealing |
30 July 2008 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
|
|
Long |
Short |
|
|
Number (%) |
Number (%) |
|
(1) Relevant securities |
10,914 0.01% |
|
|
(2) Derivatives (other than options) |
|
|
|
(3) Options and agreements to purchase/sell |
|
|
|
Total |
10,914 0.01% |
|
(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 |
|
|
|
(2) Derivatives (other than options) |
|
|
|
(3) Options and agreements to purchase/sell |
|
|
|
Total |
NIL |
|
(c) Rights to subscribe (Note 3)
|
Class of relevant security: |
Details |
|
|
NIL |
3. DEALINGS (Note 4)
(a) Purchases and sales
|
Purchase/sale |
Number of securities |
Price per unit (Note 5) |
|
Sale Sale Sale Sale Sale Sale |
189,052 266,666 150,031 250,000 113,964 16,666 |
0.25 pence 0.30 pence 0.32 pence 0.40 pence 0.43 pence 0.60 pence |
(b) Derivatives transactions (other than options)
|
Product name, e.g. CFD |
Long/short (Note 6) |
Number of securities (Note 7) |
Price per unit (Note 5) |
|
NIL |
|
|
|
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
|
Product name, e.g. call option |
Writing, selling, purchasing, varying etc. |
Number of securities to which the option relates (Note 7) |
Exercise price |
Type, e.g. American, European etc. |
Expiry date |
Option money paid/received per unit (Note 5) |
|
NIL |
|
|
|
|
|
|
(ii) Exercising
|
Product name, e.g. call option |
Number of securities |
Exercise price per unit (Note 5) |
|
NIL |
|
|
(d) Other dealings (including new securities) (Note 4)
|
Nature of transaction (Note 8) |
Details |
Price per unit (if applicable) (Note 5) |
|
NIL |
|
|
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. |
|
NONE |
Is a Supplemental Form 8 attached? (Note 9) NO
|
Date of disclosure |
31 July 2008
|
|
Contact name |
Steven Douglas
|
|
Telephone number |
0121 423 8943
|
|
Name of offeree/offeror with which associated |
Business Direct Group plc
|
|
Specify category and nature of associate status (Note 10) |
Connected Adviser |
Notes
The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk