FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the 'Code')

1. KEY INFORMATION

(a) Full name of discloser:

TANGENT HOLDINGS UK LIMITED

(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.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

TANGENT COMMUNICATIONS PLC

(d) Is the discloser the offeror or the offeree?

OFFEROR

(e) Date position held:

The latest practicable date prior to the disclosure

11 FEBRUARY 2016

(f) In addition to the company in 1(c) 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'

NO

2. POSITIONS OF THE PARTY TO THE OFFER 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

Class of relevant security:

Ordinary shares of 1 pence each

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

0

0

0

0

(2) Cash-settled derivatives:

0

0

0

0

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0

0

0

TOTAL:

0

0

0

0

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b) Rights to subscribe for new securities

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

Nil

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

Nil

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Interests in securities

Name

Nature of interest or right

Number of relevant securities (ordinary shares in Tangent Communications PLC)

Michael Green

Beneficial interest

83,158,190

Timothy Green

Beneficial interest

5,272,781

Nicholas Green

Beneficial interest

3,730,770

Jamie Beaumont

Beneficial interest

250,000

Options to subscribe for securities

Name

Scheme

Date of grant

Exercise price (pence)

Exercise period

Number of relevant Tangent Shares

Timothy Green

EMI Scheme

27/09/2005

1p

Until 31/08/18

850,978

Unapproved Scheme

27/09/2005

1p

Until 31/08/18

649,022

Unapproved Scheme

27/09/2005

5p

Until 31/08/18

2,500,000

Unapproved Scheme

31/03/2009

1p

Until 31/08/18

1,728,163

Unapproved Scheme

08/11/2010

1p

Until 31/08/18

1,018,491

Unapproved Scheme

23/06/2011

1p

Until 31/08/18

1,350,000

Nicholas Green

EMI Scheme

27/09/2005

1p

Until 31/08/18

850,978

Unapproved Scheme

27/09/2005

1p

Until 31/08/18

1,649,022

Unapproved Scheme

27/09/2005

5p

Until 31/08/18

2,500,000

Unapproved Scheme

31/03/2009

1p

Until 31/08/18

1,728,163

Unapproved Scheme

08/11/2010

1p

Until 31/08/18

1,018,491

Unapproved Scheme

23/06/2011

1p

Until 31/08/18

1,350,000

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

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 party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none'

NIL

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

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, 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'

NIL

(c) Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

Date of disclosure:

11 FEBRUARY 2016

Contact name:

JAMIE BEAUMONT

Telephone number:

+ 020 7262 6101

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 atmonitoring@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 atwww.thetakeoverpanel.org.uk.

Tangent Communications plc issued this content on 15 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 February 2016 16:29:14 UTC

Original Document: http://www.digitallook.com/ir/security.cgi?csi=50890&action=news&story_id=23982516&rns=1