20th Jun 2008 14:15
White Young Green plc ("White Young Green" or the "Company")
Rule 2.10 announcement
In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, White Young Green confirms that as at the close of business on 19 June 2008 its issued share capital consisted of 51,664,456 ordinary shares of 5 pence each.
The International Securities Identification Number for White Young Green's ordinary shares is GB0003869152.
Enquiries:
White Young Green 0113 278 7111
Peter Wood, Chairman
Lawrie Haynes, Chief Executive
Bob Hartley, Finance Director
Rothschild 0113 200 1900
David Forbes
Stephen Moore
Buchanan Communications 020 7466 5000
Tim Anderson
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 White Young Green 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until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.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 White Young Green 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 White Young Green plc by White Young Green 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.
Related Shares:
WYG