28th Feb 2008 11:18
Air Music & Media Group PLC28 February 2008 Air Music and Media Group plc28 February 2008 Share price movement The board of Air Music and Media Group Plc ("Air Music and Media Group" or the"Company") notes today's rise in the share price of the Company. The board of Air Music and Media Group confirms that it has received anindicative approach, which may or may not lead to an offer for the Company, andwill continue to evaluate all possible options for delivering value toshareholders. A further announcement will be made in due course, as appropriate. Contacts and enquiries: Seymour Pierce Limited 020 7107 8000Douglas HarmerMark Percy In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the'City Code'), Air Music and Media Group announces that it has the followingsecurities in issue: 17,162,734 ordinary shares of 75 pence each in issue. The ISIN reference for these securities is GB00B0W48T45. 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 per cent. or more of any class of'relevant securities' of Air Music and Media Group, all 'dealings' in any'relevant securities' of that company (including by means of an option inrespect of, or a derivative referenced to, any such 'relevant securities') mustbe publicly disclosed by no later than 3.30 p.m. (London time) on the BusinessDay following the date of the relevant transaction. This requirement willcontinue until the date on which the 'Offer' becomes, or is declared,unconditional as to acceptances, lapses or is otherwise withdrawn or on whichthe 'offer period' otherwise ends. If two or more persons act together pursuantto an agreement or understanding, whether formal or informal, to acquire an'interest' in 'relevant securities' of Air Music and Media Group, they will bedeemed 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 'relevantsecurities' of Air Music and Media Group by an 'offeror' or Air Music and MediaGroup, or by any of their respective 'associates', must be disclosed by no laterthan 12.00 noon (London time) on the London business day following the date ofthe relevant transaction. A disclosure table, giving details of the companies in whose 'relevantsecurities' 'dealings' should be disclosed, and the number of such securitiesin issue, can be found on the Panel's website at www.thetakeoverpanel.org.uk. '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 '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:
MUBL.L