Sarbacan Fund Ltd - Directors/PDMR Shareholding
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RNS Number:2324R
Sarbacan Fund Limited
31 March 2008
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
1 Name of the Issuer 2 State whether the notification relates to:
(i) a transaction notified in accordance with Market
Abuse Rules; (ii) a disclosure made in accordance
Sarbacan Fund Limited with section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the
Companies Act 1990; or (iii) both (i) and (ii).
Relates to (i) Sarbacan Fund Limited is a Fund
domiciled in Cayman Islands
3 Name of person discharging managerial 4 State whether notification relates to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify the
connected person
Jacques Loussert
No applicable
5 Indicate whether the notification is in 6 Description of shares (including class) debentures or
respect of a holding of the person referred derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Jacques Loussert
Class A (Euro Based) Shares
7 Name of registered shareholder(s) and, if 8 State the nature of the transaction
more than one, number of shares held by each
of them
Jacques Loussert
Subsrciption
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)
26.1%
2573.08 Shares
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
Non applicable
Non applicable
13 Price per share or value of transaction 14 Date and place of transaction
EUR 94.54
Value of Transaction - EUR243,259 July 29, 2005 Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should not
be taken into account when calculating
percentage)
4,420.62 EURO Shares July 11, 2005
36.6%
If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:
17 Date of grant 18 Period during which or date on which it can be
exercised
19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved (class
option and number)
21 Exercise price (if fixed at time of grant) 22 Total number of shares or debentures over which
or indication that the price is to be fixed options are held following notification
at the time of exercise
23 Any additional information 24 Name of contact and telephone number for queries
Jacques Loussert
+44 20 7610 8333
Name and signature of authorised officer of issuer responsible for making notification
_____________Jacques Loussert_______________________________________
Date of notification ____March 27, 2008_______________________________
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
1 Name of the Issuer 2 State whether the notification relates to:
(i) a transaction notified in accordance with Market
Abuse Rules; (ii) a disclosure made in accordance
Sarbacan Fund Limited with section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the
Companies Act 1990; or (iii) both (i) and (ii).
Relates to (i) Sarbacan Fund Limited is a Fund
domiciled in Cayman Islands
3 Name of person discharging managerial 4 State whether notification relates to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify the
connected person
Jacques Loussert
No applicable
5 Indicate whether the notification is in 6 Description of shares (including class) debentures or
respect of a holding of the person referred derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Jacques Loussert
Class A (Euro Based) Shares
7 Name of registered shareholder(s) and, if 8 State the nature of the transaction
more than one, number of shares held by each
of them
Jacques Loussert
Subscription
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)
8.9%
1,045 Shares
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
Non applicable
Non applicable
13 Price per share or value of transaction 14 Date and place of transaction
EUR 98.33
Value of Transaction - EUR102,754.85 August 31, 2006 Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should not
be taken into account when calculating
percentage)
4,723.62 EURO Shares August 18, 2006
37.1%
If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:
17 Date of grant 18 Period during which or date on which it can be
exercised
19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved (class
option and number)
21 Exercise price (if fixed at time of grant) 22 Total number of shares or debentures over which
or indication that the price is to be fixed options are held following notification
at the time of exercise
23 Any additional information 24 Name of contact and telephone number for queries
Jacques Loussert
+44 20 7610 8333
Name and signature of authorised officer of issuer responsible for making notification
_____________Jacques Loussert_______________________________________
Date of notification ____March 27, 2008_______________________________
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
1 Name of the Issuer 2 State whether the notification relates to:
(i) a transaction notified in accordance with Market
Abuse Rules; (ii) a disclosure made in accordance
Sarbacan Fund Limited with section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the
Companies Act 1990; or (iii) both (i) and (ii).
Relates to (i) Sarbacan Fund Limited is a Fund
domiciled in Cayman Islands
3 Name of person discharging managerial 4 State whether notification relates to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify the
connected person
Jacques Loussert
No applicable
5 Indicate whether the notification is in 6 Description of shares (including class) debentures or
respect of a holding of the person referred derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Jacques Loussert
Class A (Euro Based) Shares
7 Name of registered shareholder(s) and, if 8 State the nature of the transaction
more than one, number of shares held by each
of them
Jacques Loussert
Subsrciption
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)
12.2%
1,200 Shares
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
Non applicable
Non applicable
13 Price per share or value of transaction 14 Date and place of transaction
EUR 100
Value of Transaction - EUR120,000 January 25, 2005 Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should not
be taken into account when calculating
percentage)
1,200 EURO Shares January 20, 2005
12.2%
If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:
17 Date of grant 18 Period during which or date on which it can be
exercised
19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved (class
option and number)
21 Exercise price (if fixed at time of grant) 22 Total number of shares or debentures over which
or indication that the price is to be fixed options are held following notification
at the time of exercise
23 Any additional information 24 Name of contact and telephone number for queries
Jacques Loussert
+44 20 7610 8333
Name and signature of authorised officer of issuer responsible for making notification
_____________Jacques Loussert_______________________________________
Date of notification ____March 27, 2008_______________________________
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
1 Name of the Issuer 2 State whether the notification relates to:
(i) a transaction notified in accordance with Market
Abuse Rules; (ii) a disclosure made in accordance
Sarbacan Fund Limited with section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the
Companies Act 1990; or (iii) both (i) and (ii).
Relates to (i) Sarbacan Fund Limited is a Fund
domiciled in Cayman Islands
3 Name of person discharging managerial 4 State whether notification relates to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify the
connected person
Jacques Loussert
No applicable
5 Indicate whether the notification is in 6 Description of shares (including class) debentures or
respect of a holding of the person referred derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Jacques Loussert
Class A (Euro Based) Shares
7 Name of registered shareholder(s) and, if 8 State the nature of the transaction
more than one, number of shares held by each
of them
Jacques Loussert
Redemption
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)
Non Applicable
Non Applicable
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
6%
742.00 Shares
13 Price per share or value of transaction 14 Date and place of transaction
EUR 100.72
Value of Transaction - EUR74,734.24 April 28, 2006 Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should not
be taken into account when calculating
percentage)
3,678.62 EUROS Shares April 21, 2006
31.5%
If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:
17 Date of grant 18 Period during which or date on which it can be
exercised
19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved (class
option and number)
21 Exercise price (if fixed at time of grant) 22 Total number of shares or debentures over which
or indication that the price is to be fixed options are held following notification
at the time of exercise
23 Any additional information 24 Name of contact and telephone number for queries
Jacques Loussert
+44 20 7610 8333
Name and signature of authorised officer of issuer responsible for making notification
_____________Jacques Loussert_______________________________________
Date of notification ____March 27, 2008_______________________________
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
1 Name of the Issuer 2 State whether the notification relates to:
(i) a transaction notified in accordance with Market
Abuse Rules; (ii) a disclosure made in accordance
Sarbacan Fund Limited with section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the
Companies Act 1990; or (iii) both (i) and (ii).
Relates to (i) Sarbacan Fund Limited is a Fund
domiciled in Cayman Islands
3 Name of person discharging managerial 4 State whether notification relates to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify the
connected person
Jacques Loussert
No applicable
5 Indicate whether the notification is in 6 Description of shares (including class) debentures or
respect of a holding of the person referred derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Jacques Loussert
Class A (Euro Based) Shares
7 Name of registered shareholder(s) and, if 8 State the nature of the transaction
more than one, number of shares held by each
of them
Jacques Loussert
Subsrciption
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)
6.6%
647.54 Shares
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
Non applicable
Non applicable
13 Price per share or value of transaction 14 Date and place of transaction
EUR 100
Value of Transaction - EUR64,754 January 25, 2005 Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should not
be taken into account when calculating
percentage)
1,847.54 EURO Shares January 20, 2005
18.8%
If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:
17 Date of grant 18 Period during which or date on which it can be
exercised
19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved (class
option and number)
21 Exercise price (if fixed at time of grant) 22 Total number of shares or debentures over which
or indication that the price is to be fixed options are held following notification
at the time of exercise
23 Any additional information 24 Name of contact and telephone number for queries
Jacques Loussert
+44 20 7610 8333
Name and signature of authorised officer of issuer responsible for making notification
_____________Jacques Loussert_______________________________________
Date of notification ____March 27, 2008_______________________________
Notes: This form is intended for use by an issuer to make a RIS
notification required by the Market Abuse Rules and section 53 (as extended by
section 64 of the Companies Act 1990) or entered into the issuer's register in
accordance with section 59 of the Companies Act 1990.
(1) An issuer making a notification in respect of a transaction relating
to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and
24.
(2) An issuer making a notification in respect of a derivative relating to
the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14,16,23 and 24.
(3) An issuer making a notification in respect of options granted to a
director/person discharging managerial responsibilities should complete boxes 1
to 3 and 17 to 24
(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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