Rule 2.10 Announcement
26 June 2009 - 6:57PM
UK Regulatory
TIDMAFN TIDMALP
RNS Number : 5721U
ADVFN PLC
26 June 2009
RECOMMENDED OFFER
BY ADVFN PLC FOR THE ENTIRE ISSUED AND TO BE ISSUED
ORDINARY SHARE CAPITAL OF ALL IPO PLC
Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, ADVFN PLC would
like to confirm that, as at the close of business on 24 June 2009, the issued
share capital consisted of 615,568,901 ordinary shares of 1p each. The ISIN
reference number for these securities is GB0002789591.
Dealing disclosure requirements
Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in
1% or more of any class of 'relevant securities' of All IPO, all 'dealings' in
any 'relevant securities' of the Company (including by means of an option in
respect of, or a derivative referenced to, any such 'relevant securities') must
be publicly disclosed by no later than 3.30 pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which the offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the 'offer period' otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an
'interest' in 'relevant securities' of All IPO they will be deemed to be a
single person for the purpose of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of All IPO by the Company, or by any of its 'associates', must be
disclosed by no later than 12.00 noon (London time) on the London business day
following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Code, which can also be found on the
Takeover Panel's website. If you are in any doubt as to whether or not you are
required to disclose a dealing' under Rule 8, you should consult the Takeover
Panel.
26 June 2009
Contact:
Clem Chambers (Chairman) 020 7070 0909
This information is provided by RNS
The company news service from the London Stock Exchange
END
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