Market Tech : Replacement Form 8 (OPD)- Market Tech Holdings Ltd

11


05/19/2017 | 07:05pm CEST


LabTech Investments Limited

Replacement Form 8 (OPD)- Market Tech Holdings Ltd

Released 16:51 19-May-2017

RNS Number : 7262F LabTech Investments Limited 19 May 2017


THIS FORM REPLACES RNS NUMBER 4854E, AMENDMENT TO SECTION 3

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:

    LabTech Investments Ltd

    (b) Owner or controller of interests 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.

    LabTech is wholly owned by Goodheart Trust, a trust of which the ultimate and sole beneficiary is Teddy Sagi.

    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:

    Use a separate form for each offeror/offeree

    Market Tech Holdings Ltd

    (d) Is the discloser the offeror or the offeree?

    OFFEROR

    (e) Date position held:

    The latest practicable date prior to the disclosure

    5th May 2017

    (f) In addition to the company 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”

    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.

  3. Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

    Class of relevant security:

    10p Ordinary

    Interests

    Short positions

    Number

    %

    Number

    %

    (1) Relevant securities owned and/or controlled:

    334,187,500

    71.00

    Nil

    0

    (2) Cash-settled derivatives:

    Nil

    0

    Nil

    0

    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:

    Nil

    0

    Nil

    0

    TOTAL:

    334,187,500

    71.00

    Nil

    0

    Class of relevant security:

    Convertible Bonds

    Interests

    Short positions

    Number

    %

    Number

    %

    (1) Relevant securities owned and/or controlled:

    16,200,000

    18.06

    Nil

    0

    (2) Cash-settled derivatives:

    Nil

    0

    Nil

    0

    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:

    Nil

    0

    Nil

    0

    TOTAL:

    16,200,000

    18.06

    Nil

    0

    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).

  4. Rights to subscribe for new securities

  5. Class of relevant security in relation to which subscription right exists:

    Nil

    Details, including nature of the rights concerned and relevant percentages:

    N/A

  6. 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:

    Interest in 10p Ordinary Shares of Market Tech:

    Name

    Number of Market Tech shares held

    %

    Robert Akkerman

    25,000

    0.01

    Oren Merchav

    25,000

    0.01

    Directors of group entities owned by Teddy Sagi or trusts of which Teddy Sagi is a beneficiary

    1,566,071

    0.33

    Business associates of Teddy Sagi

    13,121,133

    2.79

    Total concert parties

    14,737,204

    3.13

    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).

  7. OTHER INFORMATION

    1. 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.

    2. 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:

    3. the voting rights of any relevant securities under any option; or

    4. the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

    5. If there are no such agreements, arrangements or understandings, state “none”

      None.

    6. Attachments

    7. Are any Supplemental Forms attached?

      Supplemental Form 8 (Open Positions)

      NO

      Supplemental Form 8 (SBL)

      NO

      Date of disclosure: 8th May 2017

      Contact name:

      Robert Akkerman

      Telephone number:

      +357 22 678 944

      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 atwww.thetakeoverpanel.org.uk.

      This information is provided by RNS

      The company news service from the London Stock Exchange

      END

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      Close


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      ©2014 London Stock Exchange plc. All rights reserved


      Replacement Form 8 (OPD)- Market Tech Holdings Ltd – RNS

    Market Tech Holdings Ltd. published this content on 19 May 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 19 May 2017 17:04:20 UTC.

Latest news on MARKET TECH HOLDINGS LTD
Sector news : Real Estate Development & Operations – NEC
Sales 2017 154 M
EBIT 2017 19,9 M
Net income 2017 62,4 M
Finance 2017 43,1 M
Yield 2017
P/E ratio 2017 14,22
P/E ratio 2018 35,14
EV / Sales 2017 5,42x
EV / Sales 2018 4,74x
Capitalization 877 M
Chart MARKET TECH HOLDINGS LTD

Duration :


Period :
Market Tech Holdings Ltd Technical Analysis Chart | MKT | GG00BSSWD593 | 4-Traders
Technical analysis trends MARKET TECH HOLDI…
Short Term Mid-Term Long Term
Trends Bullish Bullish Bullish
Income Statement Evolution
Consensus

Sell
Buy

Mean consensus HOLD
Number of Analysts 1
Average target price 1,88  GBP
Spread / Average Target 0,94%


Source: einnews.com