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Rule 2.10 Announcement

4th Jan 2012 11:59

RNS Number : 9834U
Myriad Group AG
04 January 2012
 

Myriad Group AG

("Myriad" or "the Company")

RULE 2.10 ANNOUNCEMENT

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers ("the Code"), Myriad confirms that at the date of this announcement, it has 49,140,515 Ordinary Shares of 0.10 CHF each in issue and admitted to trading on the SIX Swiss Exchange under the ISIN code CH0019624805.

This announcement is available on the Company's website (www.myriadgroup.com).

Disclosure requirements of the Code:

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company must make an Opening Position Disclosure following the commencement of the offer period. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of the offeree company. An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period. Relevant persons who deal in the relevant securities of the offeree company prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of the offeree company, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 20 7638 0129.

For corporate information, please contact:

 

Zeus Capital Limited

(Financial Adviser to Myriad)

Richard Hughes

Tel: 0161 831 1512

Ross Andrews

www.zeuscapital.co.uk

Nick Cowles

 

 

 

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