financetom
Business
financetom
/
Business
/
Form 8.3 - UTG LN
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Form 8.3 - UTG LN
Sep 30, 2025 7:40 AM

LONDON--(BUSINESS WIRE)--

 

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

(a) Full name of discloser:

 

Sand Grove Capital Management LLP

(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.

 

Fund(s) for which Sand Grove Capital Management LLP serves as the Investment Manager or Discretionary Sub-Advisor

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

Unite Group plc ( UTGPF ), The

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

 

 

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

29 September 2025

(f) In addition to the company in 1(c) 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”

 

Empiric Student Property plc

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)

Class of relevant security:

 

 

25p ordinary

 

 

 

Interests

 

Short positions

 

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

 

 

 

 

 

 

 

(2) Cash-settled derivatives:

 

 

 

 

 

707,610

 

0.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

 

 

 

 

 

 

 

TOTAL:

 

 

 

 

 

707,610

 

0.14%

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)

Class of relevant security in relation to which subscription right exists:

 

 

Details, including nature of the rights concerned and relevant percentages:

 

 

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

Class of relevant security

 

Purchase/sale

 

 

Number of securities

 

Price per unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) Cash-settled derivative transactions

Class of relevant security

 

Product description

e.g. CFD

 

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

 

Number of reference securities

 

Price per unit

25p ordinary

 

CFD

 

Reducing a short position

 

6,390

 

711.17p

 

 

 

 

 

 

 

 

 

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

 

Product description e.g. call option

 

Writing, purchasing, selling, varying etc.

 

Number of securities to which option relates

 

Exercise price per unit

 

Type

e.g. American, European etc.

 

Expiry date

 

Option money paid/ received per unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) Exercise

Class of relevant security

 

Product description

e.g. call option

 

Exercising/ exercised against

 

Number of securities

 

Exercise price per unit

 

 

 

 

 

 

 

 

 

 

(d) Other dealings (including subscribing for new securities)

Class of relevant security

 

Nature of dealing

e.g. subscription, conversion

 

Details

 

Price per unit (if applicable)

 

 

 

 

 

 

 

 

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 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”

 

None

 

(b) Agreements, arrangements or understandings relating to options or derivatives

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”

 

None

 

 

(c) Attachments

Class of relevant security:

 

 

25p ordinary

 

 

 

Interests

 

Short positions

 

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

 

 

 

 

 

 

 

(2) Cash-settled derivatives:

 

 

 

 

 

707,610

 

0.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

 

 

 

 

 

 

 

TOTAL:

 

 

 

 

 

707,610

 

0.14%

0

Class of relevant security:

 

 

25p ordinary

 

 

 

Interests

 

Short positions

 

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

 

 

 

 

 

 

 

(2) Cash-settled derivatives:

 

 

 

 

 

707,610

 

0.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

 

 

 

 

 

 

 

TOTAL:

 

 

 

 

 

707,610

 

0.14%

1

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 disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Source: Sand Grove Capital Management LLP

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rupert Resources Reports
Rupert Resources Reports "Exceptional" Results from Metallurgical Testwork at Ikkari Project in Finland
Sep 3, 2024
09:07 AM EDT, 09/03/2024 (MT Newswires) -- Rupert Resources ( RUPRF ) said Tuesday that it achieved exceptional results from metallurgical testwork at the Ikkari project in Finland. Rupert said bulk sample demonstrated 96.4% gold recovery from a head grade of 1.99 grams per tonne (g/t), including a significant gravity recoverable gold component. The company said variability samples returned recoveries...
Oil Falls for Second Session as Weak Demand From China and Next Month's Likely OPEC Supply Increase Offset Libya Cuts
Oil Falls for Second Session as Weak Demand From China and Next Month's Likely OPEC Supply Increase Offset Libya Cuts
Sep 3, 2024
09:11 AM EDT, 09/03/2024 (MT Newswires) -- Oil prices weakened for a second-straight session early on Tuesday as further weak economic data from China, the end of the U.S. summer driving season and next month's likely return of some shut-in supply from OPEC offset falling supply from Libya. West Texas Intermediate crude for October delivery was last seen down US$0.74...
Semnur Pharmaceuticals to go public via SPAC merger with Denali Capital in $2.5 bln deal
Semnur Pharmaceuticals to go public via SPAC merger with Denali Capital in $2.5 bln deal
Sep 3, 2024
Sept 3 (Reuters) - Semnur Pharmaceuticals, a wholly owned subsidiary of Scilex Holding Company ( SCLX ), will go public via a merger with special purpose acquisition company Denali Capital Acquisition Corp in a $2.5 billion deal, the companies said on Tuesday. ...
What's Going On With Blackstone Stock Premarket Tuesday?
What's Going On With Blackstone Stock Premarket Tuesday?
Sep 3, 2024
Blackstone Inc. ( BX ) shares are trading slightly lower premarket Tuesday. On Monday, Blackstone affiliates reached a deal to acquire an 80% stake in the Burstone Group’s Pan-European Logistics (PEL) platform, valued at €1.022 billion (R20 billion). As per the deal, Burstone will retain a 20% co-investment in the PEL platform and will continue to manage the portfolio’s assets....
Copyright 2023-2026 - www.financetom.com All Rights Reserved