Bardin Hill Investment Partners United Kingdom Regulatory Notice: Form 8.3 – Sanne Group PLC

LONDON-(BUSINESS WIRE)–

FORM 8.3

PUBLIC OPENING OF POSITION/DISCLOSURE OF DEAL BY

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:

Bardin Hill Arbitrage IC Management LP, Bardin Hill Arbitrage UCITS Management LP on behalf of discretionary clients

b) Owner or administrator of units and disclosed short positions, if other than 1(a):

Specifying nominee companies or vehicle companies is insufficient. For a trust, the trustee(s), settlor, and beneficiaries must be named.

N/A

(°C) Name of the offeror/offeree to whose securities this form relates:

Use a separate form for each offeree/offeeee

SNN.LN

Sanne Group PLC

(e) If an exempt fund manager contacts an offeror/recipient, state this and identify the offeror/recipient:

N/A

e) Date of holding a position/executed transaction:

For opening position disclosure, specify the latest possible date before disclosure

July 8, 2022

f) In addition to the company in 1(c) above, does the discloser make any disclosures with respect to another party to the offer?

If this is a cash offer or possible cash offer, please indicate “N/A”

No

2. DUTIES OF PERSON MAKING DISCLOSURE

If there are positions or subscription rights to disclosure in more than one class of relevant securities of the offeror or offeree referred to in 1(c), copy Table 2(a) or (b) (as applicable) for each additional class of relevant security.

(a) Interests and short positions in the offeror’s or offeree’s relevant securities subject to the post-trade disclosure (if any)

Corresponding security class:

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

(2) Cash derivatives:

1,964,780

1.2065%

(3) Equity-settled derivatives (including options) and buy/sell agreements:

TOTAL:

1,964,780

1.2065%

All interests and all short positions must be disclosed.

Details of any open equity-settled derivative positions (including traded options), or agreements to buy or sell the relevant securities, must be given in supplementary form 8 (Open positions).

b) Rights to subscribe for new securities (including options for directors and other officers)

Class of relevant security in respect of which a subscription right exists:

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

3. TRANSACTIONS (IF ANY) BY THE DISCLOSING PERSON

Where there have been transactions in more than one class of relevant securities of the offeror or offeree referred to in 1(c), copy Table 3(a), (b), (c) or (d) (as applicable) for each additional class of the relevant securities in which it deals.

The currency of all prices and other monetary amounts must be indicated.

(a) Purchases and sales

Corresponding security class

Purchase/Sell

Number of securities

Price per piece

b) Cash-settled derivatives transactions

Corresponding security class

Description of the product

e.g. CFDs

Nature of the transaction

eg open/close long/short position, increase/decrease long/short position

Number of reference securities

Price per piece

EXCHANGE

EXCHANGE

Increasing a long position

20,000

9.06 (GBP)

(°C) Equity-settled derivative transactions (including options)

(i) Write, sell, buy or change

Corresponding security class

Description of the product for example a call option

Write, buy, sell, vary, etc.

Number of securities to which the option applies

Exercise price per unit

Type

for example, American, European, etc.

Expiry date

Cash paid/received per unit option

(ii) Exercise

Corresponding security class

Description of the product

for example a call option

Exercising/ Exercising Vs

Number of securities

Exercise price per unit

(e) Other transactions (including subscription of new securities)

Corresponding security class

Nature of the transaction

eg subscription, conversion

Details

Unit Price (if applicable)

4. OTHER INFORMATION

(a) Indemnification and other commercial agreements

Details of any indemnity or option agreement, or any agreement or understanding, formal or informal, relating to the relevant securities which may be an inducement to deal or refrain from dealing entered into by the disclosing party and any party to the offer or any person acting jointly with a party to the offer:

Irrevocable undertakings and letters of intent should not be included. If there are no such agreements, arrangements or arrangements, indicate ‘none’

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

Details of any agreement, arrangement or understanding, formal or informal, between the disclosing person and any other person relating to:

(i) the voting rights of all relevant securities under each option; or

(ii) the voting rights or the future acquisition or disposal of any relevant securities to which any derivative relates:

If there are no such agreements, arrangements or arrangements, indicate ‘none’

(°C) Attached files

Is supplementary form 8 (Open Positions) attached?

NO

Date of disclosure:

July 11, 2022

Contact Name:

Susan McDermott

Phone number*:

001 212 303 9498

Public disclosures under Rule 8 of the Code must be made to the Regulatory Information Office.

The Panel’s Market Surveillance Unit is available for consultation in relation to the disclosure requirements of the Code on +44 (0)20 7638 0129.

*If the disclosing person is an individual, a telephone number need not be included provided the contact information is provided to the Panel’s market surveillance unit.

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

Category code: RET

Serial number: 933501

Time of receipt (UTC offset): 20220711T145125+0100

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