DLD Deutsche Land

 

TIDMDLD 
 
RNS Number : 8119Y 
Deutsche Land Plc 
09 September 2009 
 

Deutsche Land plc 
("Deutsche Land") 
 
 
9 September 2009 
Statement re mandatory offer 
The Board of Deutsche Land has noted the announcement earlier today of the 
mandatory cash offer to be made by Black Sea Global Properties Limited for 
Deutsche Land (the "Offer"). 
 
 
The Board of Deutsche Land, together with its advisers, is considering the Offer 
and will communicate its advice to shareholders as soon as practicable. Until 
that time shareholders are advised to take no action in relation to the Offer. 
 
 
For the purposes of Rule 2.10 of the Takeover Code (the "Code"), the Board of 
Deutsche Land confirms that as at today's date there are 332,506,511 ordinary 
shares of EUR0.01 each in issue (ISIN number GB00B10QQ280). 
 
 
 
 
Dealing Disclosure Requirements 
 
 
Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, 
"interested" (directly or indirectly) in 1% or more of any class of "relevant 
securities" of Deutsche Land, 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or is otherwise withdrawn or on which the "offer period" otherwise ends.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 
Deutsche Land, 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 Deutsche Land by the offeror or Deutsche Land, 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 whether or not you are required to disclose a "dealing" 
under Rule 8, you should consult the Panel on telephone number +44(0) 7638 0129 
or fax number +44 (0)20 7236 7013. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 OUPBRGDCSDGGGCC 
 

Deutsche Land (LSE:DLD)
Historical Stock Chart
Von Mai 2024 bis Jun 2024

Deutsche Land (LSE:DLD)
Historical Stock Chart
Von Jun 2023 bis Jun 2024