Rule 2.10 Announcement
11 Giugno 2007 - 10:50AM
UK Regulatory
RNS Number:1029Y
Bionostics PLC
11 June 2007
11 June 2007
FOR IMMEDIATE RELEASE
Bionostics PLC ("Bionostics")
Rule 2.10 ANNOUNCEMENT - RELEVANT SECURITIES IN ISSUE
Bionostics PLC announces, in accordance with Rule 2.10 of The City Code on
Takeovers and Mergers, that as at the close of business on 8 June 2007 its
issued share capital consisted of 50,411,194 ordinary shares of 25 pence each.
The International Securities Identification Number for Bionostics PLC's ordinary
shares is GB0008381823.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any
person is, or becomes, "interested" (directly or indirectly) in 1% or more of
any class of "relevant securities" of Bionostics PLC, all dealings in any
"relevant securities" of that 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which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 Bionostics PLC, 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 Bionostics PLC by the potential offeror, Bionostics PLC or by any
of their respective "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
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 Panel.
Enquiries:
Bionostics PLC
Paul Haycock, Chairman 01993 885 070
Kelly Winn, Finance Director
Weber Shandwick Financial
Nick Oborne/Charlie Hooper 0207 067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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