LAX Laxey It

    RNS Number : 4182Y
  Laxey Investment Trust (The) PLC
  07 July 2008
   

    Not for release, publication or distribution, in whole or part, in, or into or from Australia, Canada, Japan or the United States of
America or any other Restricted Jurisdiction

    Recommended proposals for the acquisition of
    The Laxey Investment Trust  PLC ("TLIT")
    by
    LIT PLC ("Bidco")
    (a company incorporated in the Isle of Man)
    
to be effected

    by means of a Scheme of Arrangement

    under Part 26 of the Companies Act 2006

    Disclosure in accordance with Rule 2.10 of the City Code

    In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, TLIT confirms that as at the close of business on 4 July 2008
its issued share capital consisted of 10,557,717 ordinary shares of 25 pence each.

    The ISIN for TLIT's ordinary shares is GB0008792110.


    7 July 2008
    Enquiries:
 LIT plc     / Laxey Partners Limited                     +44 (0) 1624 690 900
 Alex Paiusco                        
 Saki Riffner

 KBC Peel Hunt (Financial Adviser to LIT plc)             +44 (0) 20 7418 8900
 David Davies                        
 Guy Wiehahn                        
 Oliver Stratton                        

 Smith & Williamson (Financial Adviser to TLIT)           +44 (0) 20 7131 4000
 Azhic Basirov                                                                
 David Jones                                                                  

 TLIT                                                     +44 (0) 20 7002 8511
 David Panter



This information is provided by RNS
The company news service from the London Stock Exchange
 
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