Latest news with #OctopusInvestments
Yahoo
4 days ago
- Business
- Yahoo
Form 8.3 - H&T Group plc GB GB00B12RQD06
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: OCTOPUS INVESTMENTS LTD (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. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree H&T Group plc (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 04/06/2025 (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' 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 (if any) Class of relevant security: Ordinary 5p (GB00B12RQD06) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: 3,416,254 7.77 (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 3,416,254 7.77 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 Ordinary 5p Ordinary 5p Sale Sale 272 9,740 6.3501 6.35667 (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 (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 Is a Supplemental Form 8 (Open Positions) attached? NODate of disclosure: 05/06/2025 Contact name: Holly Keyworth Telephone number/email: 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. The Code can be viewed on the Panel's website at in to access your portfolio
Sky News
21-04-2025
- Business
- Sky News
Octopus to get tentacles around Hammond-backed fintech fund
One of Britain's leading venture capital investors is close to unveiling a deal to take over a nascent fintech fund which counted Lord Hammond, the former chancellor, among its advisors. Sky News has learnt that Octopus Ventures has provisionally agreed to absorb the Fintech Growth Fund (FGF), which boasted of financial commitments from Barclays, the London Stock Exchange's parent company, Mastercard and NatWest Group after it was set up three years ago. The FGF has struggled to hit its original fundraising target and has yet to formally disclose any investments. Sources close to a number of its investors said it was expected to be taken over by Octopus Investments in the coming weeks, with the transaction to be completed by the end of June. Peel Hunt, the investment bank, had been advising on the fundraising for the last two years, and was itself an investor in the fund. The FGF was originally conceived as a vehicle that would back high-potential UK-based fintechs, largely between their Series B and pre-public listing rounds of funding. According to an announcement made in August 2023, it aimed to make between four and eight investments annually, with cheques of between £10m and £100m. In addition to Lord Hammond, the FGF's advisory board included Dame Jayne-Anne Gadhia, the former Virgin Money boss; Dame Helena Morrissey, the former Legal & General Investment Management executive; Lord Grimstone, the former trade minister; and Sir Charles Bowman, former Lord Mayor of London. Octopus Investments, which is now run by Erin Platt, the former boss of Silicon Valley Bank UK, is said to have significant ambitions for the FGF, which has built a lengthy pipeline of potential investments.
Yahoo
21-04-2025
- Business
- Yahoo
Octopus to get tentacles around Hammond-backed fintech fund
One of Britain's leading venture capital investors is close to unveiling a deal to take over a nascent fintech fund which counted Lord Hammond, the former chancellor, among its advisors. Sky News has learnt that Octopus Ventures has provisionally agreed to absorb the Fintech Growth Fund (FGF), which boasted of financial commitments from Barclays, the London Stock Exchange's parent company, Mastercard and NatWest Group after it was set up three years ago. The FGF has struggled to hit its original fundraising target and has yet to formally disclose any investments. Sources close to a number of its investors said it was expected to be taken over by Octopus Investments in the coming weeks, with the transaction to be completed by the end of June. Peel Hunt, the investment bank, had been advising on the fundraising for the last two years, and was itself an investor in the fund. The FGF was originally conceived as a vehicle that would back high-potential UK-based fintechs, largely between their Series B and pre-public listing rounds of funding. According to an announcement made in August 2023, it aimed to make between four and eight investments annually, with cheques of between £10m and £100m. In addition to Lord Hammond, the FGF's advisory board included Dame Jayne-Anne Gadhia, the former Virgin Money boss; Dame Helena Morrissey, the former Legal & General Investment Management executive; Lord Grimstone, the former trade minister; and Sir Charles Bowman, former Lord Mayor of London. Octopus Investments, which is now run by Erin Platt, the former boss of Silicon Valley Bank UK, is said to have significant ambitions for the FGF, which has built a lengthy pipeline of potential investments. A spokesperson for Octopus Investments declined to comment this weekend, while the FGF could not be reached for comment.
