Statement re Share Price Movement
10 Settembre 2009 - 12:23PM
UK Regulatory
TIDMJRVS
RNS Number : 8441Y
Jarvis PLC
10 September 2009
10 September 2009
JARVIS PLC ("Jarvis" or the "Company")
STATEMENT RE SHARE PRICE MOVEMENT
The Board of Jarvis notes the rise in the Company's share price. The Board
wishes to emphasise that although a tentative inquiry has been made about a
possible offer, the inquiry is extremely preliminary in nature and there can be
absolutely no certainty that any approach or offer will be forthcoming.
Enquiries
Jarvis plc
Toni Jackson
Head of Communications
Tel: 01904 712 667
or
Tim Anderson, Isabel Podda or James Strong,
Buchanan Communications
Tel: 020 7466 5000
Dealing disclosure requirements
The Directors of Jarvis accept responsibility for this announcement. To the best
of the knowledge and belief of the Directors of Jarvis (who have taken all
reasonable care to ensure that such is the case), the information in this
announcement is in accordance with the facts and does not omit anything likely
to affect the import of such information.
Close Brothers Corporate Finance Limited, which is authorised and regulated in
the United Kingdom by the Financial Services Authority, is acting as financial
adviser to Jarvis and no one else in connection with the matters referred to in
this announcement and will not be responsible to any person other than Jarvis
for providing the protections afforded to the clients of Close Brothers or for
providing advice in relation to the matters referred to herein.
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 Jarvis, 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acceptances, lapses or is otherwise withdrawn or on which the "offer period"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 Jarvis, 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 Jarvis by the offeror or by Jarvis, 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 website of The Panel on Takeovers and Mergers (the
"Panel"), 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 of the Code, you should consult the Panel.
Disclosure in accordance with Rule 2.10 of the City Code:
In accordance with Rule 2.10 of the Code, the Company confirms that it has in
issue and admitted to trading on the market operated by London Stock Exchange
plc for listed securities, 213,292,874 ordinary shares of 5 pence each under the
ISIN code:GB00B0DLKZ47.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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