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
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(a) Full name of discloser: Constellation Software Inc. and
Mark Leonard
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(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.
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(c) Name of offeror/offeree in relation to Bond International Software Plc
whose relevant securities this form
relates:
Use a separate form for each
offeror/offeree
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(d) If an exempt fund manager connected
with an offeror/offeree, state this and
specify identity of offeror/offeree:
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(e) Date position held/dealing undertaken: March 2, 2016
For an opening position disclosure, state
the latest practicable date prior to the
disclosure
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(f) In addition to the company in 1(c) No.
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"
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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)
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Class of relevant security: GBP 0.01 Ordinary Shares
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Interests Short positions
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Number % Number %
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(1) Relevant securities owned
and/or controlled:Ordinary shares 8,655,583 22.87%
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(2) Cash-settled derivatives:
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(3) Stock-settled derivatives
(including options) and
agreements to purchase/sell:
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TOTAL: 8,655,583 22.87%(i)
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(i)2.55% of this holding belongs to Company Chairman, Mark Leonard.
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Class of relevant security: GBP 0.01 Non-Voting Shares
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Interests Short positions
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Number % Number %
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(1) Relevant securities owned
and/or controlled:Non-voting
convertible shares 4,720,558 100%
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(2) Cash-settled derivatives:
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(3) Stock-settled derivatives
(including options) and
agreements to purchase/sell:
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TOTAL: 4,720,558 100%
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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)
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Class of relevant security in relation
to which subscription right exists:
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Details, including nature of the
rights concerned and relevant
percentages:
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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
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Class of relevant Number of
security Purchase/sale securities Price per unit
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Ordinary shares Sale 40,000 101 p
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(b) Cash-settled derivative transactions
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Nature of
dealing
e.g.
Class of Product opening/closing Number of
relevant description a long/short reference Price per unit
security e.g. CFD position, securities
increasing/reduc
ing a long/short
position
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(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
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Writing, Number of Type Option
Class of Product purchasing securities Exercise e.g. money
relevantdescription , selling, to which price American,Expiry paid/
security e.g. call varying option per unit European date received
option etc. relates etc. per unit
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(ii) Exercise
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Product
Class of description Exercising/ Number of Exercise price
relevant e.g. call exercised securities per unit
security option against
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(d) Other dealings (including subscribing for new securities)
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Nature of dealing
Class of relevant e.g. subscription, Details Price per unit (if
security conversion applicable)
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4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
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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"
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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.
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(b) Agreements, arrangements or understandings relating to options or derivatives
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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"
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None
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(c) Attachments
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Is a Supplemental Form 8 (Open Positions) attached? NO
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Date of disclosure: March 2, 2016
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Contact name: Jamal Baksh
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Telephone number: +1-416-861-9677
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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: