10th Feb 2009 07:00
10 February 2009
Peter Hambro Mining
Placing, Total Voting Rights and Rule 2.10 Announcement
Peter Hambro Mining Plc ("Peter Hambro Mining") announces that 16,000,000 ordinary shares of 1 pence each ("Ordinary Shares") have today been admitted to trading on the AIM Market of the London Stock Exchange and dealings are expected to commence at 8.00 a.m.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code") and the Transparency Directive's transitional provision 6, details of its classes of relevant securities and total voting rights are set out below.
Peter Hambro Mining currently has in issue 97,155,052 Ordinary Shares. Peter Hambro Mining does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in Ordinary Shares in Peter Hambro Mining is 97,155,052. The International Securities Identification Number for the Ordinary Shares is GB0031544546. There are in issue American Depositary Receipts ("ADRs") in relation to Peter Hambro Mining. The International Securities Identification Number for the ADRs is US71602M1045.
The above figure of 97,155,052 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Peter Hambro Mining under the Financial Service Authority's Disclosure and Transparency Rules.
Peter Hambro Mining also has in issue US$140,000,000 7.125 per cent guaranteed convertible bonds due 2010 guaranteed by Peter Hambro Mining and convertible into Ordinary Shares (the "Convertible Bonds"). The International Securities Identification Number for the Convertible Bonds is XS0224133099.
Enquiries
|
Alya Samokhvalova |
Director of External Communications |
+44 (0) 20 7201 8900 |
|
Tom Randell |
Merlin |
+44 (0) 20 7653 6620 |
|
Patrick Magee |
JPMorgan Cazenove |
+44 (0) 20 7588 2828 |
|
Neil Johnson |
Canaccord Adams |
+44 (0) 20 7050 6500 |
|
Chris Bowman |
Liberum Capital |
+44 (0) 20 3100 2228 |
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 Peter Hambro Mining or of Aricom, 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 Peter Hambro Mining or Aricom, 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 Peter Hambro Mining or of Aricom by Peter Hambro Mining or Aricom, 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.
Related Shares:
POG.L