Syqic : PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE

Form 8.3 - 16.05.2016 4

16 May 2016

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING

1% OR MORE

Rule 8.3of the Takeover Code (the "Code")

1. KEY INFORMATION

   (a) Full name of discloser:	Sophie Dauriat
   (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), sett/or and beneficiaries must benamed.
   (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offerorlofferee	Syqic pie
   (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: For an opening position disclosure, state the latest practicable date prior to the disclosure	13th May2016
   (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 acash offer or possible cash offer, state "NIA"	NIA

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

   If there are positions or rights to subscribe to disclose in more than oneclass of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional classof relevant security.

3. Interests and short positions in the relevant securities of the offerer 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/or controlled:	301 352	1.1%
   (2) Cash-settled derivatives:
   (3) Stock-settled derivatives (including options) and agreements to purchase/sell:
   TOTAL:	301 352	1.1%

   All interests and all short positions should bedisclosed.

   Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should begiven on aSupplemental Form 8 (Open Positions).

4. Rights to subscribe for new securities (including directors' and other employee options)

5. Class of relevant security in relation to which subscription riaht exists:

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

6. 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.

   Thecurrency of all pn·ces andother monetary amounts should be stated.

7. Purchases and sales

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

8. Cash-settled derivative transactions

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

9. Stock-settled derivative transactions (including options)

10. Writing, selling, purchasing or varying

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

11. Exercise

12. Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

13. Other dealings (including subscribing for new securities)

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

15. OTHER INFORMATION

17. 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 refrainfrom 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 beincluded. If there are no such

    agreements, arrangements or understandings, state "none"

    none

18. 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:

19. the voting rights of any relevant securities under any option; or

20. the voting rights or future acquisition or disposal of any relevant securities towhich any derivative is referenced:

21. If there are no such agreements, arrangements or understandings, state "none"

    none

22. Attachments

23. Is a Supplemental Form 8(Open Positions) attached? NO

    Date of disclosure:	16/05/2016
    Contact name:	Francois Dauriat
    Telephone number:	00 32 498 608313

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed tothe Takeover Panel at [e-mail]. The Panel's Market Surveillance Unit isavailable for consultation in relation to the Code's disclosure requirements on [phone].

    The Code can be viewed on the Panel's websiteat www.thetakeoverpanel.orq.uk.