Lakeview Investment Group
LSE : TTM

August 19, 2008 02:00 ET

Rule 8.3 - Titan Europe 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):                  Lakeview Fund, LP
                                                    Lakeview Master Fund, LTD
                                                    
 Company dealt in                                   Titan Europe PLC
 Class of relevant security to which the dealings   Ordinary Shares of 40p each
 being disclosed relate (Note 2)
 Date of dealing                                    18 August 2008
 
 In  addition,  Lakeview  Fund,  LP  and  Lakeview
 Master  Fund,  LTD have dealt on  previous  dates
 during the offer period as set out at the end  of
 this form *.


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                            3,489,991            4.17%           N/A
                                                    
 (2) Derivatives (other than options)               N/A                                  N/A
     
 (3) Options and agreements to purchase/sell        N/A                                  N/A
     
 Total                                              3,489,991            4.17%               
                                                    
                                                   
(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                            N/A                                  N/A
     
 (2) Derivatives (other than options)               N/A                                  N/A
     
 (3) Options and agreements to purchase/sell        N/A                                  N/A
     
 Total                                                                                   
 

(c)     Rights to subscribe (Note 3)

 Class of relevant security:                        Details
 
 N/A                                                


3.      DEALINGS (Note 4)

(a)     Purchases and sales

 Purchase/sale                              Number of securities                     Price per unit (Note 5)
 
 Purchase                                   100,000                                  1.60 GBP
 
        
(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
                                                                                              
 N/A
        
        

(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.                                                                        
 N/A                                                                                                          


(ii)    Exercising

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



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


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

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.
 
 
 N/A


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


 Date of disclosure                                                       18 August 2008
 Contact name                                                             Mike Nicolas
 Telephone number                                                         001-312-245-2910
 If a connected EFM, name of offeree/offeror with which connected         
 If a connected EFM, state nature of connection (Note 10)                 




*Other purchases during the offer period (in addition to dealing on 18 August 2008 disclosed at 3(a) above)

 Date                           Number of securities           Price per unit  - GBP
 19 March 2008                  40,000                         1.276
 20 March 2008                  23,167                         1.203
 25 March 2008                  298                            1.268
 26 March 2008                  1,932                          1.239
 27 March 2008                  40,000                         1.207
 28 March 2008                  56,513                         1.204
 31 March 2008                  145,011                        1.196
 4 April 2008                   4,948                          1.100
 8 April 2008                   41,000                         1.132
 9 April 2008                   7,117                          1.139
 17 April 2008                  189,357                        1.854
 7 May 2008                     52,878                         1.860
 12 May 2008                    4,785                          1.911
 13 May 2008                    2,973                          1.926
 14 May 2008                    299,127                        1.971
 16 May 2008                    21,000                         2.011
 20 May 2008                    135,766                        2.003
 28 May 2008                    7,173                          1.955
 29 May 2008                    280,000                        1.984
 6 June 2008                    58,282                         2.019
 16 June 2008                   43,290                         1.961
 17 June 2008                   160,000                        2.014
 17 June 2008                   43,490                         1.994
 18 June 2008                   220,000                        1.994
 30 June 2008                   1,276                          1.452
 1 July 2008                    18,000                         1.398
 2 July 2008                    5,976                          1.417
 7 July 2008                    2,636                          1.297
 8 July 2008                    30,233                         1.287
 16 July 2008                   21,400                         1.253
 17 July 2008                   100,000                        1.263
 21 July 2008                   28,060                         1.414
 22 July 2008                   5,000                          1.360
 25 July 2008                   7,414                          1.379
 30 July 2008                   4,586                          1.498
 30 July 2008                   32,533                         1.362
 31 July 2008                   8,981                          1.523



Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk


Contact Information

  • Lakeview Investment Group