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Rule 2.10 Announcement

30th Sep 2015 07:00

RNS Number : 6830A
Darty PLC
30 September 2015
 

 

 

 

Darty plc: Rule 2.10 Announcement

Released: 30 September 2015

DARTY PLC

 

Rule 2.10 announcement - relevant securities in issue

 

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Darty plc confirms that it has 529,553,216 ordinary shares of €0.30 each in issue as at 30 September 2015. Darty plc currently holds no ordinary shares in Treasury.

 

The ISIN reference for Darty plc's ordinary shares is GB0033040113.

 

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 Groupe Fnac SA or of Darty 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 3.30 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declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.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 Groupe Fnac SA or of Darty 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 Groupe Fnac SA or Darty plc by Groupe Fnac SA or by

Darty plc, 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.

 

 

SJ Enoch

Company Secretary

 

 

30 September 2015

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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