RNS Number : 7297Z
  Evolution Securities
  23 July 2008
   

    An amendment has been made to the Rule 38.5(a) disclosure announcement with RNS number 2808Z made by Evolution Securities on 17 July
2008 at 10:46.

    The announcement has been amended to a sale of securities of 887,856 shares rather than 887,260 shares as originally disclosed.

    The full text of the amended announcement is set out below.
       


    DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
    WITH RECOGNISED INTERMEDIARY STATUS
    DEALING IN A CLIENT-SERVING CAPACITY
    (Rule 38.5(a) of the Takeover Code)

    1.    KEY INFORMATION

 Name of exempt principal trader                    EVOLUTION SECURITIES LTD
 Company dealt in                                   NEWPORT NETWORKS GROUP PLC
 Class of relevant security to which the dealings   ORD
 being disclosed relate (Note 1)
 Date of dealing                                    16/07/2008


    2.    DEALINGS (Note 2)

    (a)    Purchases and sales

 Total number of securities      Highest price paid (Note 3)  Lowest price paid (Note 3)
 purchased

 800,000                         0.95 GBX                                       0.75 GBX



 Total number of securities      Highest price received (Note 3)  Lowest price received (Note 3)
 sold

 887,856                         1 GBX                                                   0.7 GBX


    (b)    Derivatives transactions (other than options)

 Product name,   Long/short (Note 4)  Number of securities  Price per unit (Note 3)
 e.g. CFD                             (Note 5)




    (c)    Options transactions in respect of existing securities
    (i)    Writing, selling, purchasing or varying

 Product name,  Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry   Option money
 e.g. call      purchasing, varying   to which the option   price     European etc.         date     paid/received per
 option         etc.                  relates (Note 5)                                               unit (Note 3)



    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 3)



    3.    OTHER INFORMATION

    Agreements, arrangements or understandings relating to options or derivatives


 Full details of any agreement, arrangement or understanding between the
 person disclosing and any other person relating to the voting rights of any
 relevant securities under any option referred to on this form or relating to
 the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative referred to on this form is referenced. If
 none, this should be stated.  







 Date of disclosure                            17/07/2008
 Contact name                                  JAMIE RICHARDS
 Telephone number                              020 7071 4421
 Name of offeree/offeror with which connected  NEWPORT NETWORKS GROUP PLC
 Nature of connection (Note 6)                 2


    Notes

    The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk













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