Senior PLC

Major Shareholding Notification • Jun 14, 2021

National Storage Mechanism | Additional information

RNS Number : 8109B

Senior PLC

14 June 2021

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Senior plc
(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.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Senior plc
(d) Is the discloser the offeror or the offeree?	OFFEREE
(e) Date position held:      The latest practicable date prior to the disclosure	11 June 2021
(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 PARTY TO THE OFFER 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

Class of relevant security:
	Interests		Short positions
Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	0.00	Nil	0.00
(2) Cash-settled derivatives:	Nil	0.00	Nil	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	0.00	Nil	0.00
TOTAL:	Nil	0.00	Nil	0.00

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

Class of relevant security in relation to which subscription right exists:	None
Details, including nature of the rights concerned and relevant percentages:	None

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

(a)  Interests held by the directors of Senior plc and their close relatives and related trusts

Name	Number of ordinary shares in Senior plc	% of total issued share capital of Senior plc (excluding share options)
Celia Baxter	31,653	0.0075
Susan Brennan	5,900	0.0014
Bindi Foyle	202,887	0.0484
Giles Kerr	10,000	0.0024
Ian King	514,297	0.1226
Rajiv Sharma	Nil	N/A
David Squires	512,125	0.1221

(b)  Interests held as options or awards under the share plans of Senior plc by the directors of Senior plc and their close relatives and related trusts who are not exempt principal traders for the purposes of Rule 8 of the Code

Name	Share Plan	Number of ordinary shares under option / award	Vesting date / period	Exercise price (per share)
David Squires	2019 Long Term Incentive Plan Award	353,340	7 March 2022 (subject to performance conditions)	Nil
2020 Long Term Incentive Plan Award	482,832	9 March 2023  (subject to performance conditions)	Nil
2021 Long Term Incentive Plan Award	718,085	12 March 2024 (subject to performance conditions)	Nil
Sharesave	4,103	1 July 2022 to 31 December 2022	£2.193
2019 Deferred Share Award	70,733	7 March 2022	Nil
2020 Deferred Share Award	90,203	9 March 2023	Nil
2021 Deferred Share Award	79,787	12 March 2024	Nil
Bindi Foyle	2019 Long Term Incentive Plan Award	235,426	7 March 2022  (subject to performance conditions)	Nil
2020 Long Term Incentive Plan Award	322,782	9 March 2023  (subject to performance conditions)	Nil
2021 Long Term Incentive Plan Award	480,053	12 March 2024  (subject to performance conditions)	Nil
Sharesave	4,103	1 July 2022 to 31 December 2022	£2.193
2019 Deferred Share Award	47,342	7 March 2022	Nil
2020 Deferred Share Award	60,135	9 March 2023	Nil
2021 Deferred Share Award	53,339	12 March 2024	Nil

(c)  Interests and short positions held by connected advisers of Senior plc

No interests, short positions or rights to subscribe are held by Senior plc's connected advisers, Lazard & Co., Limited, Credit Suisse International and Jefferies International Limited, or the persons affiliated with them, who are not exempt principal traders for the purposes of Rule 8 of the Code.

(d)  Interests, short positions and rights to subscribe held by other concert parties of Senior plc

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).

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 making the disclosure or any person acting in concert with it: 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 making the disclosure, or any person acting in concert with it, 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:	14 June 2021
###### Contact name:	Andrew Bodenham, Company Secretary
###### Telephone number:	+44 (0)1923 714745

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 www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FEESFUFSLEFSEEM