Rule 2.10 Announcement
02 April 2009 - 4:39PM
UK Regulatory
TIDMSOO
RNS Number : 0367Q
Southampton Leisure Holdings PLC
02 April 2009
2 April 2009
Southampton Leisure Holdings plc ("SLH" or "the Company")
The joint administrators of the Company note the recent press speculation in
regard to the sale of the Company. The joint administrators confirm that they
are soliciting offers for both the Company and its main asset, Southampton
Football Club Limited.
A further announcement will be made in due course.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, SLH
confirms that it currently has in issue 28,090,896 ordinary shares of 5p each,
(no shares are held in treasury) and admitted to trading on AIM, a market
operated by the London Stock Exchange.
In addition, the following options are also outstanding:
+-----------------+-----------+---+------------------------------+---------------+
| Date of grant | Number of | | Period of Options | Exercise |
| | Shares | | | Price per |
| | | | | share |
+-----------------+-----------+---+------------------------------+---------------+
| 5 May 2004 | 200,000 | |5 April 2007 to 5 April 2011 | 46p |
+-----------------+-----------+---+------------------------------+---------------+
The International Securities Identification Number for SLH's ordinary shares is
GB0007922114.
For further information:
+--------------------------------------------------+--+----------------------------+
| Begbies Traynor (South) LLP | | |
+--------------------------------------------------+--+----------------------------+
| Mark Fry | | Tel: 0207 398 3800 |
+--------------------------------------------------+--+----------------------------+
| | | |
+--------------------------------------------------+--+----------------------------+
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 SLH, 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unconditional as to acceptances, lapses or is otherwise withdrawn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 SLH, 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
SLH, 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."
This information is provided by RNS
The company news service from the London Stock Exchange
END
RTTUUOSRKVRSRAR
Southampton LS. (LSE:SOO)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Southampton LS. (LSE:SOO)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
Echtzeit-Nachrichten über Southampton LS. (Londoner Börse): 0 Nachrichtenartikel
Weitere Southampton Leisure News-Artikel