FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers)
1. KEY INFORMATION
+-------------------------------------------------------------------+ | Name of person dealing (Note 1) | DEEPHAVEN CAPITAL MANAGEMENT | | | LLC | |------------------------------------+------------------------------| | Company dealt in | Corus Group Plc | |------------------------------------+------------------------------| | Class of relevant security to | 3% Guaranteed Convertible | | which the dealings being disclosed | Unsubordinated 2007 Bonds | | relate (Note 2) | | |------------------------------------+------------------------------| | Date of dealing | 19th October | +-------------------------------------------------------------------+
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 | 6,750,000 | 2.1987 | | | | | | | | | |-------------------------------+-----------+--------+--------+-----| | (2) Derivatives (other than | 10,000 | 0.0 | | | | options) | | | | | | | | | | | |-------------------------------+-----------+--------+--------+-----| | (3) Options and agreements to | | | | | | purchase/sell | | | | | | | | | | | |-------------------------------+-----------+--------+--------+-----| | Total | 6,760,000 | 2.1987 | | | | | | | | | +-------------------------------------------------------------------+
(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 | | 50p Ordinary | | | | | | | |--------------------------------+--------------+-------------------| | | Number | (%) | Number | (%) | | | | | | | |--------------------------------+--------+-----+-----------+-------| | (1) Relevant securities | | | | | | | | | | | |--------------------------------+--------+-----+-----------+-------| | (2) Derivatives (other than | | | | | | options) | | | | | | | | | | | |--------------------------------+--------+-----+-----------+-------| | (3) Options and agreements to | | | 2,000,000 | .2227 | | purchase/sell | | | | | | | | | | | |--------------------------------+--------+-----+-----------+-------| | Total | | | 2,000,000 | .2227 | | | | | | | +-------------------------------------------------------------------+
(c) Rights to subscribe (Note 3)
+---------------------------------------+ | Class of relevant security: | Details | | | | |-----------------------------+---------| | | | +---------------------------------------+
3. DEALINGS (Note 4)
(a) Purchases and sales
+----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | | | | EUR | |---------------+----------------------+-------------------------| | Sell | 2,000,000 | 114.1250 | | Sell | 1,000,000 | 114.5000 | +----------------------------------------------------------------+
(b) Derivatives transactions (other than options)
+-------------------------------------------------------------------+ | Product | Long/short (Note | Number of securities | Price per | | name, | 6) | (Note 7) | unit (Note | | e.g. CFD | | | 5) | | | | | | |----------+------------------+------------------------+------------| | | | | | | | | | | +-------------------------------------------------------------------+
(c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying
+------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | | | | | | | | | |---------+------------+-------------------+--------+----------+------+--------------| | | | | | | | | +------------------------------------------------------------------------------------+
(ii) Exercising
+-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+
(d) Other dealings (including new securities) (Note 4)
+-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | | | | | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+
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. | |-------------------------------------------------------------------| | | | | | | +-------------------------------------------------------------------+
Is a Supplemental Form 8 attached? (Note 9) Yes
+-------------------------------------------------------------------+ | Date of disclosure | 20th October 2006 | |-----------------------------------------------+-------------------| | Contact name | James Feast | |-----------------------------------------------+-------------------| | Telephone number | 0207 469 1901 | |-----------------------------------------------+-------------------| | If a connected EFM, name of offeree/offeror | | | with which connected | | |-----------------------------------------------+-------------------| | If a connected EFM, state nature of | | | connection (Note 10) | | +-------------------------------------------------------------------+
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
SUPPLEMENTAL FORM 8
DETAILS OF OPEN POSITIONS (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)
OPEN POSITIONS (Note 1)
+---------------------------------------------------------------------+ |Product |Written or|Number of |Exercise|Type, e.g.|Expiry | |name, |purchased |securities to which|price |American, |date | |e.g. call| |the option or |(Note 2)|European | | |option | |derivative relates | |etc. | | | | | | | | | |---------+----------+-------------------+--------+----------+--------| |Call |Written |898,113,273 |550p |American |15/12/06| |---------+----------+-------------------+--------+----------+--------| | | | | | | | |---------+----------+-------------------+--------+----------+--------| | | | | | | | +---------------------------------------------------------------------+
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
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