ABC Arbitrage Asset Management
LSE : TTM

August 10, 2009 07:03 ET

Disclosure of Short Position

Form TR-3. FSA Version 1.0 June 2008

TR-3(1):   Disclosure of Disclosable Short Position relating to Securities which are the subject of a
           rights issue(2)

1. Full name of person(s) holding the disclosable        ABC Arbitrage SA
short position(3):                                         

2: Name of the issuer of the relevant securities         REXAM (GBR) sedol 0425045
                                                         
3: Disclosable short position(4)                         1 655 872,00 shares short (CFD) as of TD
                                                         07/08/2009
                                                         
4. Date that disclosable short position was reached or   07/08/2009 on which our position was short 1 655
exceeded                                                 872 (0.26%)
                                                         

_______________________________
(1) This form, or the information contained within it, should be disclosed via an RIS using the short code
DSP. Issuers should conform the commencement of the rights issuer period with a disclosure, via an RIS,
using the short code ARI.

(2) This form relates to the disclosure of short positions in compliance with amendments to MAR 1.9 market
abuse (misleading behaviour) and market abuse (distortion) of the Market Conduct Sourcebook (MAR). Further
material on this can be found in the FSA's press release of 13 June 2008, 
http://www.fsa.gov.uk/pages/Library/Communication/PR/2008/057.shtml  and the related FAQ document on the
FSA's website.

(3) Specify the owner or controller of the interest. The naming of nominees or vehicle companies is
insufficient. In the case of positions held by fund managers on behalf of discretionary clients, the
clients need not be named. Market makers as defined in the Glossary of Definitions in the FSA Handbook and
acting in their capacity as such may be exempt from disclosure of own account positions: see the definition
of "disclosable short position".  Positions may be aggregated in some cases. See FAQ document for further
details.

(4) Figure to be expressed as a percentage of issued share capital. Disclosable short position is defined in
the Glossary of Definitions in the FSA Handbook. Positions must be disclosed on a net basis of all
holdings. All financial instruments that represent a direct interest or direct economic interest in the
relevant issuer must be included within such holdings.

Contact Information

  • ABC Arbitrage Asset Management