CPUB Capital Pub

TIDMGNK TIDMCPUB

RNS Number : 8007K

Greene King PLC

21 July 2011

21 July 2011

Greene King plc ("Greene King")

Share purchases take interests in The Capital Pub Company Plc ("Capital Pubs") to 52.8 per cent.

Greene King announces that it has today acquired, subject to settlement, a total of 1,805,903 Capital Pubs Shares, representing approximately 6.7 per cent. of the issued share capital of Capital Pubs. The Capital Pubs Shares were acquired at a price of 235 pence per share.

Such Capital Pubs Shares, together with the 2,914,819 Capital Pubs Shares purchased by Greene King on 19 July 2011 and the 9,523,176 Capital Pubs Shares which are the subject of the irrevocable undertakings received from the Capital Pubs Directors and Capital Pubs Shareholders to accept (or procure the acceptance of) the Offer, as announced on 19 July 2011, represent in aggregate approximately 52.8 per cent. of the current issued share capital of Capital Pubs.

Terms herein have the same meaning as in the announcement of the Offer dated 19 July 2011, save where the context requires otherwise.

ENQUIRIES

For further information contact:

 
 Greene King 
 Lindsay Keswick, Company secretary    + 44 1284 763222 
 
 Financial Dynamics (PR adviser to Greene King) 
 Ben Foster                            + 44 207 831 3113 
 

Disclosure requirements of the Takeover Code (the 'Code')

Under Rule 8.3(a) of the Code, any person who is interested in 1 per cent. or more of any class of relevant securities of Capital Pubs must make an Opening Position Disclosure following the commencement of the offer period. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of Capital Pubs. An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10(th) business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement of the offer period. Relevant persons who deal in the relevant securities of Capital Pubs prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of Capital Pubs must make a Dealing Disclosure if the person deals in any relevant securities of Capital Pubs. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of Capital Pubs, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of Capital Pubs, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures and Dealing Disclosures must also be made by Capital Pubs, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129.

The defined terms used in this section "Dealing Disclosure Requirements" are defined in the Code which can be found on the Panel's website.

This announcement will be available on Greene King's website at www.greeneking.co.uk by no later than 12 noon on 22 July 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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