Baker Bros. Advisors LP
LSE : TTM

March 03, 2016 10:00 ET

Form 8.3 - Plethora - Position Dealing Disclosure

                                                                  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:             Baker Bros. Advisors LP              
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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          PLETHORA SOLUTIONS HOLDINGS PLC      
    relation to whose relevant                                        
    securities this form relates:                                                          
    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          March 2, 2016                        
    undertaken:                                                                 
    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)  NO                                   
    above, is 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:                                            1p Ordinary          
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                                                                 Interests         Short    
                                                                                 positions  
                                                            --------------------------------
                                                               Number      %   Number    %  
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(1) Relevant securities owned and/or controlled:             46,181,385  5.61               
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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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                                                             46,181,385  5.61               
TOTAL:                                                                                      
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Class of relevant security:                                       Fund raising warrants      
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                                                                 Interests          Short    
                                                                                  positions  
                                                            ---------------------------------
                                                               Number      %    Number    %  
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(1) Relevant securities owned and/or controlled:             28,619,528  28.29               
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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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                                                             28,619,528  28.29               
TOTAL:                                                                                       
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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    Purchase/sale        Number of        Price per unit  
      security                             securities                       
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    Ordinary 1p            Sale            1,000,000            3.00p       
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(b) Cash-settled derivative transactions


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    Class of       Product      Nature of dealing    Number of    Price per unit
    relevant     description  e.g. opening/closing   reference                  
    security       e.g. CFD       a long/short       securities                 
                                    position,                                   
                               increasing/reducing                              
                                  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 date Option money
  relevant  description purchasing, securities   price per     e.g.                   paid/    
  security   e.g. call   selling,    to which      unit      American,             received per
              option   varying etc.   option                 European                  unit    
                                      relates                  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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None                                                                        
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(b) Agreements, arrangements or understandings relating to options or derivatives


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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:                   3 March 2016                          
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Contact name:                         Alexandra A. Toohey`                  
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Telephone number:                     +1 212 339 5690                       
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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

  • Baker Bros. Advisors LP