DJ Molten Ventures Plc: Form 8 DD
Molten Ventures Plc (GROW; GRW)
Molten Ventures Plc: Form 8 DD
02-Feb-2024 / 11:34 GMT/BST
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2 February 2024
MOLTEN VENTURES PLC
(the "Company" or "Molten")
Registered number: 09799594
Legal Entity Identifier: 213800IPCR3SAYJWSW10
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF
DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: Martin Michael Arthur Davis and
Jane Davis
(b) Owner or controller of interests and short positions disclosed, if different from
1(a):
N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee
(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form
relates: Molten Ventures plc ("Molten")
Use a separate form for each offeror/offeree
(d) Status of person making the disclosure:
Person acting in concert with
e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify the offeror, Molten
name of offeror/offeree)
(e) Date dealing undertaken: 1 February 2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in
respect of any other party to the offer? NO
If it is a cash offer or possible cash offer, state "N/A"
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
Class of relevant security: Ordinary Shares of GBP0.01 each
("Shares")
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 91,836 0.05 NIL -
(2) Cash-settled derivatives:
NIL - NIL -
(3) Stock-settled derivatives (including options) and agreements to purchase/ NIL - NIL -
sell:
91,836 0.05 NIL -
TOTAL:
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).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in
relation to which subscription Ordinary shares of GBP0.01 each ("Shares")
right exists:
Number of Shares under Name of scheme or Type of award Grant Vest Exercise
option plan date date* price
56,125 Draper Esprit Nominal cost 29/06/ 29/06/ GBP0.01
LTIP option 2020 2023
135,979 Molten LTIP Nominal cost 16/07/ 16/07/ GBP0.01
option 2021 2024
230,319 Molten LTIP Nominal cost 17/06/ 17/06/ GBP0.01
option 2022 2025
89,444 Deferred Bonus Nominal cost 17/06/ 17/06/ GBP0.01
Details, including nature of the Plan option 2022 2024
rights concerned and relevant
percentages: 48,068 Molten LTIP Nominal cost 22/06/ 17/06/ GBP0.01
option 2023 2025
18,667 Deferred Bonus Nominal cost 22/06/ 17/06/ GBP0.01
Plan option 2023 2024
471,383 Molten LTIP Nominal cost 23/06/ 23/06/ GBP0.01
option 2023 2026
* The options will expire if any performance conditions to which they are subject
have not been met by the vest date and otherwise if they have not been exercised by
the tenth anniversary of the grant date.
3. DEALINGS 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
(i) Party to an offer or person acting in concert (except for a principal trader in the same group as a connected adviser)
Purchase/sale
Class of relevant security Number of securities Price per unit
Purchase
Ordinary shares of GBP0.01 each ("Shares") 10,000 238.5348 pence
(ii) Principal trader where the sole reason for the connection is that the principal trader is in the same group as a connected adviser
Purchases/
Class of relevant sales Total number of Highest price per unit paid/ Lowest price per unit paid/
security securities received received
N/A
N/A N/A N/A N/A
(b) Cash-settled derivative transactions
Product Nature of dealing
Class of relevant description Number of reference Price per
security e.g. opening/closing a long/short position, increasing/ securities unit
e.g. CFD reducing a long/short position
N/A
N/A N/A N/A N/A
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Type
Class of Product Writing, Number of securities Exercise Option money
relevant description e.g. purchasing, to which option price per e.g. Expiry paid/ received
security call option selling, varying relates unit American, date per unit
etc. European
etc.
N/A N/A N/A N/A N/A N/A N/A N/A
(ii) Exercise
Class of relevant Product description Exercising/ exercised
security against Number of securities Exercise price per unit
e.g. call option
N/A
N/A N/A N/A N/A
(d) Other dealings (including subscribing for new securities)
Nature of dealing
Class of relevant security Details Price per unit (if applicable)
e.g. subscription, conversion
N/A
N/A N/A N/A
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
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 party to the offer or person acting in concert making the disclosure and any other person: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" None.
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer or person acting in concert 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" None.
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) NO Supplemental Form 8 (SBL) NO Date of disclosure: 2 February 2024 Contact name: Gareth Faith, Company Secretary of Molten Telephone number: 07871 735499
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BY7QYJ50
Category Code: DCC - Molten Ventures plc ('Molten')
TIDM: GROW; GRW
LEI Code: 213800IPCR3SAYJWSW10
OAM Categories: 2.2. Inside information
Sequence No.: 301492
EQS News ID: 1829337
End of Announcement EQS News Service
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February 02, 2024 06:35 ET (11:35 GMT)
