30th Sep 2015 07:00
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declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.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
Related Shares:
DRTY.L