Premier Farnell : Form 8.3 - Premier Farnell plc

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) Identity of the person whose positions/dealings  Aberforth Partners LLP, on behalf
are being disclosed:                                 of discretionary clients.

(b) Owner or controller of interests and short
positions disclosed, if different from 1(a):
     The naming of nominee or vehicle companies is
insufficient

(c) Name of offeror/offeree in relation to whose     Premier Farnell plc
relevant securities this form relates:
     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:           23 August 2016

(f)  Has the discloser previously disclosed, or are  Y/N    NO
they today disclosing, under the Code in respect of  If YES, specify which:
any other party to this offer?

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:         Ordinary Shares

                                   Interests                   Short positions

                                   Number              %       Number             %

(1) Relevant securities owned and/  7,755,401          2.09    0                  0.0
or controlled:

(2) Derivatives (other than
options):

(3) Options and agreements to
purchase/sell:

                                    7,755,401          2.09    0                  0.0
     TOTAL:

Aberforth Partners LLP does not have discretion regarding voting decisions in
respect of 599,100 shares included in the total disclosed above as certain
clients retain voting control over their shareholdings.  None of the clients
who fall into this category hold more than 1% of the relevant security.

Class of relevant security:

                                    Interests                  Short positions

                                    Number              %      Number              %

(1) Relevant securities owned and/  0                   0.0    0                   0.0
or controlled:

(2) Derivatives (other than
options):

(3) Options and agreements to
purchase/sell:

                                    0                   0.0    0                   0.0
     TOTAL:

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)

Class of relevant security in relation to   N/A
which subscription right exists:

Details, including nature of the rights     N/A
concerned and relevant percentages:

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.

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)        Purchases and sales

  Class of relevant       Purchase/sale     Number of securities     Price per unit
      security

 Ordinary Shares                Sale                  4,000,000            183.25p

(b)        Derivatives transactions (other than options)

    Class of        Product         Nature of dealing       Number of    Price per unit
    relevant      description    e.g. opening/closing a     reference
    security        e.g. CFD      long/short position,      securities
                                  increasing/reducing a
                                   long/short position

  N/A

(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying

Class of    Product      Writing,    Number of  Exercise    Type     Expiry    Option
relevant  description   purchasing,  securities price per   e.g.      date      money
security   e.g. call     selling,     to which    unit    American,             paid/
             option    varying etc.    option             European            received
                                      relates               etc.              per unit

  N/A

(ii)        Exercising

  Class of relevant    Product description  Number of securities   Exercise price per
      security          e.g. call option                                  unit

   N/A

(d)        Other dealings (including subscribing for new securities)

 Class of relevant       Nature of dealing             Details        Price per unit (if
     security            e.g. subscription,                              applicable)
                             conversion

  N/A

The currency of all prices and other monetary amounts should be stated.

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.

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:
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 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?                    Y/N      NO



Date of disclosure:                         24 August 2016

Contact name:                               David Holland, for Aberforth Partners LLP

Telephone number:                           0131 220 0733

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 dealing disclosure
requirements on +44 (0)20 7638 0129.

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