Further update
12 Noviembre 2009 - 11:32AM
UK Regulatory
TIDMAXD
RNS Number : 4454C
Alexandra PLC
12 November 2009
Alexandra PLC
12 November 2009
Further update
As part of the ongoing operational review of the Company's business, the Board
is in discussion with its banks continuing to pursue all strategic options,
which may include possible offers for the company itself, as well as further
funding to reduce its borrowings and put in place an appropriate funding and
capital structure for the longer term, and accordingly the Company is now in an
offer period for the purposes of the Takeover Code.
Contacts:
Alexandra plc 01454 876003
Tim Gifford, CEO
Elaine New, FD
Arden Partners plc 020 7398 1632
Richard Day
Winningtons Financial 0117 920 0092 or 07768 807631
Paul Vann
Relevant Securities in Issue
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers,
Alexandra plc confirms that it has 33,409,654 ordinary shares of 10 pence each
in issue. The International Securities Identification Number for the ordinary
shares is GB0000143353.
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 the Company, 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which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 the Company, 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 the Company by the offeror or the offeree company, 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 befound 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."
This information is provided by RNS
The company news service from the London Stock Exchange
END
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