RTS Robotic Tech

 

TIDMRTS 
 
RNS Number : 2067S 
Robotic Technology Systems PLC 
13 May 2009 
 

13 May 2009 
 
 
Robotic Technology Systems plc (the "Company") 
 
 
Statement re: share price movement 
 
 
The board of Robotic Technology Systems plc notes the recent share price 
movement and announces that the Company is in talks which may or may not lead to 
an offer for the entire issued share capital of the Company. There is no 
certainty that the talks will result in an offer for the Company. 
 
 
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 Robotic Technology Systems 
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 3.30pm 
(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withdrawn or on which the "offer period" otherwise ends.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 Robotic 
Technology Systems 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 Robotic Technology Systems  plc by Robotic Technology Systems 
plc, or by any of its "associates", must be disclosed by no later than 12 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 whether or not you are required 
to disclose a "dealing" under Rule 8, you should consult the Panel. 
 
 
In accordance with Rule 2.10 of the City Code, Robotic Technology Systems 
confirms that it has 62,335,374 ordinary shares of 1 pence each in issue and 
admitted to trading on the AIM Market of the London Stock Exchange's under the 
UK ISIN Code GB00B2PNRV79. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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