Constellation Software Inc.
LSE : TTM

October 28, 2015 03:00 ET

Form 8.3 - Bond International Software 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) Full name of discloser:                         Constellation Software
                                                    Inc. and Mark Leonard
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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. For a trust, the trustee(s), settlor
and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose    Bond International
relevant securities this form relates:              Software 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:          October 27, 2015
For an opening position disclosure, state the
latest practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is    No.
the discloser making disclosures in respect of any
other party to the offer?
If it is a cash offer or possible cash offer,
state "N/A"
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2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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.

(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:                   GBP 0.01 Ordinary Shares
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                                             Interests      Short positions
                                        ------------------------------------
                                          Number     %      Number     %
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(1) Relevant securities owned and/or
controlled:Ordinary shares

                                        8,745,583  23.11%
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(2) Cash-settled derivatives:
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(3) Stock-settled derivatives (including
options) and agreements to
purchase/sell:
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TOTAL:                                  8,745,58323.11%(i)
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     (i)2.55% of this holding belongs to Company Chairman, Mark Leonard.
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Class of relevant security:                  GBP 0.01 Non-Voting Shares
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                                             Interests      Short positions
                                        ------------------------------------
                                          Number     %      Number     %
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(1) Relevant securities owned and/or
controlled:Non-voting convertible shares

                                        4,720,558   100%
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(2) Cash-settled derivatives:
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(3) Stock-settled derivatives (including
options) and agreements to
purchase/sell:
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TOTAL:                                  4,720,558   100%
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All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), 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 employee 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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3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

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.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

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 Class of relevant                         Number of
      security        Purchase/sale        securities       Price per unit
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  Ordinary shares          Sale              10,000            100.5 p
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(b) Cash-settled derivative transactions

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    Class of         Product     Nature of dealing    Number of    Price per
    relevant       description         e.g.           reference      unit
    security        e.g. CFD     opening/closing a   securities
                                    long/short
                                     position,
                                increasing/reducin
                                  g a long/short
                                     position
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(c) Stock-settled derivative transactions (including options)

(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    e.g.    date    money
security  e.g. call  , selling,  to which  per unit American          paid/
            option     varying    option                ,           received
                        etc.      relates           European        per unit
                                                      etc.
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(ii) Exercise

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    Class of       Product       Exercising/     Number of    Exercise price
    relevant     description      exercised      securities      per unit
    security      e.g. call        against
                    option
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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,                       applicable)
                        conversion
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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:
Irrevocable commitments and letters of intent should not be included. If
there are no such agreements, arrangements or understandings, state "none"
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On 20 October 2010, Constellation Software Inc, (CSI) entered into a
standstill agreement with Bond International Software Plc (Bond) pursuant to
which CSI undertook to Bond that until 20 October 2015 it will not, and it
will procure that members of its group, its concert parties and Mark Leonard
will not, without the prior written consent of Bond acquire any interest in
the Ordinary Shares of Bond if, as a result, it or such other parties,
either alone or in aggregate, would have an interest in 24 per cent. or more
of the voting rights of Bond. Nothing in the standstill agreement restricts
CSI, any member of its group, its concert parties or Mark Leonard from
accepting a general offer for the whole of the issued equity share capital
of Bond made in accordance with the Code.
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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:                   October 28, 2015
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Contact name:                         Jamal Baksh
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Telephone number:                     +1-416-861-9677
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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 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

  • Constellation Software Inc.