Polygon Global Opportunities Master Fund
LSE : TTM

September 17, 2008 10:29 ET

Rule 8.3 - (Imperial Energy Corp)

                                                            
                                                        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)                   Polygon   Investment  Partners  LLP,  Polygon  Investments  Ltd.,   Polygon
                                                    Investment  Partners LP and Polygon Investment Partners HK  Limited  acting
                                                    on behalf of Polygon Global Opportunities Master Fund
                                                    
 Company dealt in                                   Imperial Energy Corporation Plc
 Class of relevant security to which the dealings   ORDINARY GBP SHARES OF 2.5p
 being disclosed relate (Note 2)
 Date of dealing                                    16 September 2008


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)               1,700,000                  1.66%     
     
 (3) Options and agreements to purchase/sell                                             
     
 Total                                              1,700,000                  1.66%     
 

(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                         225,000                                 £10.5045
        
        

(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
                         varying etc.                                                                         5)
                                                                                                              


(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.
 None
 
 


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


 Date of disclosure                                                       17 September 2008
 Contact name                                                             Sean Côté
 Telephone number                                                         0207 901 8330
 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

  • Polygon Global Opportunities Master Fund