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: Constellation Software Inc. and Mark Leonard ---------------------------------------------------------------------------------------------------- (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 Bond International Software this form relates: Plc Use a separate form for each offeror/offeree ---------------------------------------------------------------------------------------------------- (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: December 10, 2015 For an opening position disclosure, state the latest practicable date prior to the disclosure ---------------------------------------------------------------------------------------------------- (f) In addition to the company in 1(c) above, is the discloser making No. disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "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: £0.01 Ordinary Shares ---------------------------------------------------------------------------------------------------- Interests Short positions -------------------------------------------- Number % Number % ---------------------------------------------------------------------------------------------------- (1) Relevant securities owned and/or controlled: Ordinary shares 8,695,583 22.98% ---------------------------------------------------------------------------------------------------- (2) Cash-settled derivatives: ---------------------------------------------------------------------------------------------------- (3) Stock-settled derivatives (including options) and agreements to purchase/sell: ---------------------------------------------------------------------------------------------------- TOTAL: 8,695,583 22.98%* ---------------------------------------------------------------------------------------------------- *2.55% of this holding belongs to Company Chairman, Mark Leonard. ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- Class of relevant security: £0.01 Non-Voting Shares ---------------------------------------------------------------------------------------------------- Interests Short positions -------------------------------------------- Number % Number % ---------------------------------------------------------------------------------------------------- (1) Relevant securities owned and/or controlled: Non-voting convertible shares 4,720,558 100% ---------------------------------------------------------------------------------------------------- (2) Cash-settled derivatives: ---------------------------------------------------------------------------------------------------- (3) Stock-settled derivatives (including options) and agreements to purchase/sell: ---------------------------------------------------------------------------------------------------- TOTAL: 4,720,558 100% ---------------------------------------------------------------------------------------------------- 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 Purchase/sale Number of Price per unit security securities --------------------------------------------------------------------------------------------------- Ordinary shares Sale 10,000 100 p --------------------------------------------------------------------------------------------------- (b) Cash-settled derivative transactions --------------------------------------------------------------------------------------------------- Class of Product Nature of dealing Number of Price per relevant description e.g. opening/closing a reference unit security e.g. CFD long/short position, securities increasing/reducing a long/short position --------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------- (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying ---------------------------------------------------------------------------------------------------- Class of Product Writing, Number Exercise Type Expiry Option relevant description purchasing, of price e.g. date money security e.g. call selling, securities per unit American, paid/ option varying etc. to which European received option etc. per unit relates ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (ii) Exercise ---------------------------------------------------------------------------------------------------- Class of Product Exercising/ Number of Exercise price relevant description exercised securities per unit security e.g. call option against ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (d) Other dealings (including subscribing for new securities) ---------------------------------------------------------------------------------------------------- Class of relevant Nature of dealing Details Price per unit (if security e.g. subscription, conversion 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" ---------------------------------------------------------------------------------------------------- On 20 October 2010, Constellation Software Inc, (CSI) entered into a standstill agreement with Bond International Software Plc (Bond) pursuant to which CSI undertook to Bond that until 20 October 2015 it will not, and it will procure that members of its group, its concert parties and Mark Leonard will not, without the prior written consent of Bond acquire any interest in the Ordinary Shares of Bond if, as a result, it or such other parties, either alone or in aggregate, would have an interest in 24 per cent. or more of the voting rights of Bond. Nothing in the standstill agreement restricts CSI, any member of its group, its concert parties or Mark Leonard from accepting a general offer for the whole of the issued equity share capital of Bond made in accordance with the Code. ---------------------------------------------------------------------------------------------------- (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? NO ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- Date of disclosure: December 11, 2015 ---------------------------------------------------------------------------------------------------- Contact name: Jamal Baksh ---------------------------------------------------------------------------------------------------- Telephone number: +1-416-861-9677 ---------------------------------------------------------------------------------------------------- Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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.
Contact Information:
Constellation Software Inc.