27th Feb 2008 14:24
ArmorGroup International plc27 February 2008 27 February 2008 FOR IMMEDIATE RELEASE ArmorGroup International plc ("ArmorGroup" or the "Company") Response to share price movement The Board of ArmorGroup notes the recent movement in its share price andconfirms that it is currently in discussions with a number of parties regardingpossible offers for the Company. There can be no certainty that any offer forthe Company will be made and a further announcement will be made whenappropriate. Enquiries:ArmorGroup: Patrick Toyne Sewell, Director of Communications Tel: +44 (0) 20 7808 5848 Citigate Dewe Rogerson: Ged Brumby Tel: +44 (0) 20 7282 2996 Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevantsecurities" of ArmorGroup, all "dealings" in any "relevant securities" of thatcompany (including by means of an option in respect of, or a derivativereferenced to, any such "relevant securities") must be publicly disclosed by nolater than 3.30 pm (London time) on the London business day following the dateof the relevant transaction. This requirement will continue until the date onwhich the offer becomes, or is declared, unconditional as to acceptances, lapsesor is otherwise withdrawn or on which the "offer period" otherwise ends. If twoor more persons act together pursuant to an agreement or understanding, whetherformal or informal, to acquire an "interest" in "relevant securities" ofArmorGroup, they will be deemed to be a single person for the purpose of Rule8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevantsecurities" of ArmorGroup by any offeror or ArmorGroup, or by any of theirrespective "associates", must be disclosed by no later than 12.00 noon (Londontime) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevantsecurities" "dealings" should be disclosed, and the number of such securities inissue, can be found on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk/new/. "Interests in securities" arise, in summary, when a person has long economicexposure, whether conditional or absolute, to changes in the price ofsecurities. In particular, a person will be treated as having an "interest" byvirtue of the ownership or control of securities, or by virtue of any option inrespect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on thePanel's website. If you are in any doubt as to whether or not you are requiredto disclose a "dealing" under Rule 8, you should consult the Panel. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ARG.L