CRT Care Reit Plc

RNS Number:8392L
Chariot (UK) PLC
09 November 2006




                                Chariot (UK) plc

                          ("Chariot" or the "Company")


            Statement re share price movement and press speculation


On 17 October 2006 the Board of Chariot announced that ticket sales of its
monday lottery were below the level required for Chariot to operate at breakeven
and that the Board were taking appropriate advice and were investigating all
possible options, ranging from a possible fundraising to the appointment, by the
Company, of an administrator.  Subsequently the Board has received a number of
proposals, all of which are at a preliminary stage.  This range of proposals
include:  the disposal of assets by the Company; an investment in the Company;
and possible offers for the entire issued and to be issued share capital of the
Company.


The Board wish to emphasise that discussions with all the interested parties are
at a preliminary stage and there can be no certainty that any of the proposals
received will be concluded or will lead to an offer for the Company's issued and
to be issued share capital. At this time, and based on current discussions, the
Board believe that, in the event that an offer is made to acquire the Company's
issued and to be issued share capital, it is unlikely to be at a significant
premium to the current mid-market price of the Company's shares.


This statement is being made without the consent of any potential offeror.


In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Chariot
confirms that it has 70,964,250 ordinary shares of 1p each in issue.



The International Securities Identification Number for Chariot's Ordinary Shares
is GB00B0P0XQ12.



A further announcement will be made when appropriate.



Enquiries:


Chariot (UK) plc                        Tel: 0870 380 2121
Stuart Handley



Noble & Company Limited                  Tel: 0207 763 2200
Nick Naylor


Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"Code"), if any person is, or becomes, "interested" (directly or indirectly) in
1% or more of any class of "relevant securities" of Chariot (UK) 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 Chariot (UK) 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 Chariot (UK) plc by Chariot (UK) 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 the application of Rule 8 to you,
please contact an independent financial adviser authorised under the Financial
Services and Markets Act 2000, consult the Panel's website or contact the Panel
on telephone number +44 (0) 20 7382 9026 or fax +44 (0) 20 7638 1554.  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

SPCFSEFIUSMSEFF

Care Reit (LSE:CRT)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025

Care Reit (LSE:CRT)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025