Rule 8 - Bank Restaurant Grp
12 Agosto 2003 - 2:39PM
UK Regulatory
RNS Number:6062O
Lewis Silkin
12 August 2003
Date of Disclosure 12 AUGUST 2003
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS
Date of dealing 8 AUGUST 2003
Dealing in BANK RESTAURANTS GROUP PLC (name of company)
1) Class of securities (eg ordinary shares) ORDINARY SHARES
2) Amount bought Amount sold Price per unit
NOTE 1a
3) Resultant total of the same class owned or controlled
(and percentage of class) NOTE 2a ( %)
4) Party making disclosure LEWIS SILKIN
5) EITHER (a) Name of purchaser/vendor (Note 1) CONRAN HOLDINGS LIMITED
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) YES
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf) (1) ONE
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) NO
Signed, for and on behalf of the party named in (4) above N/A
(Also print name of signatory) GEOFFREY DAVIES
Telephone and extension number 020 7074 8100
THIS NOTIFICATION IS MADE IN RESPECT OF THE SAME SHARES AS WAS THE
NOTIFICATION MADE ON MONDAY 11 AUGUST 2003 UNDER SARS RULE 3.
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 which 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
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, Tel No: 020 7382 9026
BANK RESTAURANTS GROUP PLC
Note 1a
Conran Holdings Limited ("Conran") has been granted an undertaking by an
associate of Bank Restaurants Group Plc ("Bank") to accept any cash offer by
Conran of 3.125p per Ordinary Share in Bank in respect of 6,757,500 Ordinary
Shares in Bank. The undertaking will cease to apply if:-
(a) An announcement of Conran's offer is not made within 60 days after
completion of the subscription by Conran for new Ordinary Shares in Bank;
(b) Conran's offer is withdrawn or lapses;
(c) The document containing Conran's offer is not despatched within 28 days
after the date of the announcement referred to above;
(d) A third party makes an offer to acquire the whole of the issued share
capital of Bank at a price per Ordinary Share which is higher than 3.5p per
Ordinary Share.
Note 2a
Together with undertakings given in similar terms by the directors of Bank the
total number of Ordinary Shares in Bank over which Conran has obtained
undertakings is 12,707,500 Ordinary Shares in Bank (representing 29.9% of the
existing issued share capital of Bank).
This information is provided by RNS
The company news service from the London Stock Exchange
END
DCCPTMFTMMABBPJ