FORM
8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the City Code on Takeovers and Mergers)
1. KEY INFORMATION
+-------------------------------------------------+----------------------------+
|Name of person dealing (Note 1) |Majedie Asset Management Ltd|
+-------------------------------------------------+----------------------------+
|Company dealt in |Mears Group Plc |
+-------------------------------------------------+----------------------------+
|Class of relevant security to which the dealings |Ordinary shares |
|being disclosed relate (Note 2)() | |
+-------------------------------------------------+----------------------------+
|Date of dealing |12 January 2010 |
+-------------------------------------------------+----------------------------+
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 |6,162,093 8.28% | |
|securities | | |
| | | |
+-------------+--------------------------+------------------------------------------+
|(2) | | |
|Derivatives | | |
|(other than | | |
|options) | | |
| | | |
+-------------+--------------------------+------------------------------------------+
|(3) Options | | |
|and | | |
|agreements to| | |
|purchase/sell| | |
| | | |
+-------------+--------------------------+------------------------------------------+
|Total |6,162,093 8.28% | |
| | | |
+-------------+--------------------------+------------------------------------------+
(b) Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)
+-----------------+-------------------------------+----------------------------+
|Class of relevant| Long | Short |
|security: | | |
| | | |
+-----------------+-------------------------------+----------------------------+
| |Number |Number |
| | (%) | (%) |
+-----------------+-------------------------------+----------------------------+
|(1) Relevant | | |
|securities | | |
| | | |
+-----------------+-------------------------------+----------------------------+
|(2) Derivatives | | |
|(other than | | |
|options) | | |
| | | |
+-----------------+-------------------------------+----------------------------+
|(3) Options and | | |
|agreements to | | |
|purchase/sell | | |
| | | |
+-----------------+-------------------------------+----------------------------+
|Total | | |
| | | |
+-----------------+-------------------------------+----------------------------+
(c) Rights to subscribe (Note 3)
+-----------------------------+---------+
| Class of relevant security: | Details |
| | |
| | |
+-----------------------------+---------+
| | |
+-----------------------------+---------+
3. DEALINGS (Note 4)
(a) Purchases and sales
+---------------+----------------------+---------------------------+
| Purchase/sale | Number of securities | Price per unit (Note 5)() |
| | | |
+---------------+----------------------+---------------------------+
| Purchase | 4200 | £2.79 |
+---------------+----------------------+---------------------------+
(b) Derivatives transactions (other than options)
+--------------+---------------------+-----------------------+-----------------+
|Product name, |Long/short (Note 6)()|Number of securities |Price per unit |
|e.g. CFD | |(Note 7)() |(Note 5) |
+--------------+---------------------+-----------------------+-----------------+
| | | | |
| | | | |
+--------------+---------------------+-----------------------+-----------------+
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
+---------+-------------+-----------+--------+----------+-------+--------------+
|Product |Writing, |Number of |Exercise|Type, e.g.|Expiry |Option money |
|name, |selling, |securities |price |American, |date |paid/received |
|e.g. call|purchasing, |to which | |European | |per unit (Note|
|option |varying etc. |the option | |etc. | |5) |
| | |relates | | | | |
| | |(Note 7)() | | | | |
+---------+-------------+-----------+--------+----------+-------+--------------+
| | | | | | | |
+---------+-------------+-----------+--------+----------+-------+--------------+
(ii) Exercising
+---------------------------+---------------------+----------------------------+
|Product name, e.g. call |Number of securities |Exercise price per unit |
|option | |(Note 5) |
| | | |
+---------------------------+---------------------+----------------------------+
| | | |
| | | |
+---------------------------+---------------------+----------------------------+
(d) Other dealings (including new securities) (Note 4)
( )
+-------------------------------+-------------+--------------------------------+
|Nature of transaction (Note |Details |Price per unit (if applicable)( |
|8)() | |)(Note 5) |
|( ) | | |
+-------------------------------+-------------+--------------------------------+
|Transition Out |13,234 Shares| |
+-------------------------------+-------------+--------------------------------+
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. |
+------------------------------------------------------------------------------+
| |
| |
| |
+------------------------------------------------------------------------------+
Is a Supplemental Form 8 attached? (Note
9) NO
+--------------------------------------------------------------+---------------+
|Date of disclosure |13 January 2010|
+--------------------------------------------------------------+---------------+
|Contact name |Jenny Nolan |
+--------------------------------------------------------------+---------------+
|Telephone number |020 7618 3900 |
+--------------------------------------------------------------+---------------+
|If a connected EFM, name of offeree/offeror with which | |
|connected | |
+--------------------------------------------------------------+---------------+
|If a connected EFM, state nature of connection (Note 10)() | |
+--------------------------------------------------------------+---------------+
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
[HUG#1373066]
