BMC Birmingham City

 

TIDMBMC 
 
RNS Number : 3049X 
Birmingham City PLC 
12 August 2009 
 

Birmingham City plc ("Birmingham" or the "Company") 
 
 
Response to press speculation 
 
 
The Board of Birmingham notes the recent press speculation and confirms that it 
has received an approach from Grandtop International Holdings Limited 
("Grandtop") which may or may not lead to an offer for the entire issued share 
capital of the Company. Grandtop is currently a 29.9% shareholder, having 
acquired this holding in 2007. 
 
 
As shareholders will be aware, previous approaches did not proceed and the issue 
of the funding of any possible offer will be a major factor in determining how 
the Company responds to the approach. 
 
 
A further announcement updating shareholders will be made when appropriate. 
 
 
 
 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, 
Birmingham announces that, as at the close of business on 11 August 2009, it had 
the following securities in issue: 
 
 
81,505,000 ordinary shares of 10p each. 
 
 
The ISIN reference number for these securities is GB0000998608. 
 
 
Enquiries: 
 
 
+------------------------------------+------------------------------------+ 
| Birmingham City plc                | 0844 557 1875                      | 
| Karren Brady                       |                                    | 
| Roger Bannister                    |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Shore Capital and Corporate        | 020 7408 4090                      | 
| Limited                            |                                    | 
| Graham Shore                       |                                    | 
| Stephane Auton                     |                                    | 
+------------------------------------+------------------------------------+ 
 
 
 
 
 
 
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 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 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 an offeror or the 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 be found on the Takeover Panel's website at 
http://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. 
If you are in any doubt as to the application of Rule 8 to you, please contact 
an independent financial advisor authorised under the Financial Services and 
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or 
contact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013. 
Shore Capital and Corporate Limited is acting for the Company and for no-one 
else in connection with the matters referred to herein and will not regard any 
other person as its client nor be responsible to anyone other than the Company 
for providing the protections afforded to clients of Shore Capital and Corporate 
Limited nor for providing advice in relation to any matter referred to herein. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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