Arrowgrass Capital Partners LLP
LSE : TTM

April 15, 2010 09:18 ET

Rule 8.3 - Forth Ports PLC

                                                                                                                        
                                                            
                                                        FORM 8.3
                        DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
                                             (Rule 8.3 of the Takeover Code)


1.      KEY INFORMATION

Name of person dealing  (Note 1)                   Arrowgrass Capital Partners LLP
Company dealt in                                   Forth Ports PLC
Class of relevant security to which the dealings   Ordinary
being disclosed relate (Note 2)
Date of dealing                                    14 April 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 securities                                                                 
    
(2) Derivatives (other than options)               606,665      1.326%                  
    
(3) Options and agreements to purchase/sell                                             
    
Total                                              606,665      1.326%                  


(b)     Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:                                     Long                                Short
                        
                                                   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)

                                                                                    

        
        

(b)     Derivatives transactions (other than options)
 
Product name,           Long/short (Note 6)         Number of securities (Note 7)           Price per unit (Note 5)
e.g. CFD
CFD                     Long                        3334                                    1370
        
        

(c)     Options transactions in respect of existing securities

(i)     Writing, selling, purchasing or varying

Product name,       Writing,         Number of securities    Exercise   Type, e.g.      Expiry     Option money
e.g. call option    selling,         to which the option     price      American,       date       paid/received
                    purchasing,      relates (Note 7)                   European etc.              per unit (Note 5)
                    varying etc.                                                                    
                                                                                                             


(ii)    Exercising

Product name, e.g. call option            Number of securities                    Exercise price per unit (Note 5)
                                                                                    
                                                                                    
                                                                                    



(d)     Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)            Details                                 Price per unit (if applicable) (Note 5)



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.

No



Is a Supplemental Form 8 attached? (Note 9)                                NO


Date of disclosure                                                      15 April 2010
Contact name                                                            Alison Wheeler
Telephone number                                                        0203 100 1049
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


Contact Information

  • Arrowgrass Capital Partners LLP