Toscafund Asset Management LLP
LSE : TTM

April 23, 2010 10:14 ET

Form 8.3 - Healthcare Locums Plc

                                                                                        FORM 8.3

                     PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
              A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
                            Rule 8.3 of the Takeover Code (the "Code")

1.      KEY INFORMATION

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(a) Identity of the person whose positions/dealings are being
    disclosed:                                                       Toscafund Asset Management LLP
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(b) Owner or controller of interests and short positions
    disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient
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(c) Name of offeror/offeree in relation to whose relevant
    securities this form relates:                                    Healthcare Locums Plc
    Use a separate form for each offeror/offeree
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(d) If an exempt fund manager connected with an
    offeror/offeree, state this and specify identity of
    offeror/offeree:
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(e) Date position held/dealing undertaken:                           22 April 2010
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(f) Has the discloser previously disclosed, or are they today
    disclosing, under the Code in respect of any other party         No
    to this offer?
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2.  POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to
    which the disclosure relates following the dealing (if any)

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Class of relevant security:
                                                          ORDINARY SHARES OF 10P
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                                                  Interests                  Short positions
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                                              Number              %            Number           %
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(1) Relevant securities owned and/or
    controlled:
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(2) Derivatives (other than options):
                                             1,711,849        1.6239
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(3) Options and agreements to
    purchase/sell:
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   TOTAL:                                    1,711,849        1.6239
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All interests and all short positions should be disclosed.

Details  of  any open derivative or option positions, or agreements to purchase or  sell  relevant
securities, should be given on a Supplemental Form 8 (Open Positions).

(b)     Rights to subscribe for new securities (including directors' and other executive options)

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Class of relevant security in relation to
which subscription right exists:
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Details, including nature of the rights
concerned and relevant percentages:
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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.     DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)    Purchases and sales

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Class of relevant           Purchase/sale        Number of securities         Price per unit
security
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(b)    Derivatives transactions (other than options)

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Class of relevant         Product          Nature of dealing          Number of      Price per unit
security                description      e.g. opening/closing a       reference
                         e.g. CFD         long/short position,        securities
                                         increasing/reducing a
                                          long/short position
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ORDINARY
SHARES
OF 10P                  CFD               Increasing a long position  71,386         GBP2.38
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ORDINARY
SHARES
OF 10P                  CFD               Increasing a long position  276,970        GBP2.40
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(c)     Options transactions in respect of existing securities

(i)     Writing, selling, purchasing or varying

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Class of      Product        Writing,       Number of    Exercise       Type      Expiry      Option
relevant    description     purchasing,    securities   price per       e.g.       date       money
security     e.g. call       selling,       to which       unit       American,                paid/
              option        varying etc.     option                   European               received
                                             relates                    etc.                 per unit
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(ii)    Exercising
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     Class of relevant     Product description     Number of securities       Exercise price per
       security             e.g. call option                                         unit
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(d)     Other dealings (including subscribing for new securities)

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Class of relevant           Nature of dealing                Details          Price per unit (if
      security         e.g. subscription, conversion                               applicable)
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The currency of all prices and other monetary amounts should be stated.

Where  there  have been dealings in more than one class of relevant securities of the  offeror  or
offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

4.      OTHER INFORMATION

(a)     Indemnity and other dealing arrangements

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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 person making the disclosure and any party to the offer or any person
acting in concert with a party to the offer:
If there are no such agreements, arrangements or understandings, state "none"
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NONE
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(b)     Agreements, arrangements or understandings relating to options or derivatives

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Details of any agreement, arrangement or understanding, formal or informal, between the person
making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any
     derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
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NONE
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(c)     Attachments

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Is a Supplemental Form 8 (Open Positions) attached?                          NO

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Date of disclosure:                               23 April 2010
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Contact name:                                     Robert Lord
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Telephone number:                                 0207 845 6100
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Public  disclosures under Rule 8 of the Code must be made to a Regulatory Information Service  and
must  also  be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  The Panel's  Market
Surveillance  Unit  is  available for consultation in relation to the  Code's  dealing  disclosure
requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

Contact Information

  • Toscafund Asset Management LLP