Coretx Holdings Regulatory News (COR)

2 Mar 2006 18:37

Chorion PLC02 March 2006 2 March 2006 FOR IMMEDIATE RELEASE Chorion PLCResponse to Press Speculation Following recent press speculation in relation to a potential further offer forthe Company, Chorion confirms that it has received an approach from HITEntertainment Limited ("HIT") as a potential offeror and that it has madeinformation on the Company available to HIT. There can be no certainty as towhether or not a further offer for the Company will be forthcoming. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the"City Code"), any person who, alone or acting together with any other person(s)pursuant to an agreement or understanding (whether formal or informal) toacquire or control relevant securities of Chorion, owns or controls, or becomesthe owner or controller, directly or indirectly, of one per cent or more of anyclass of securities of Chorion is required to disclose, by not later than 12.00noon (London time) on the London business day following the date of the relevanttransaction, dealings in such securities of that company (or in any option inrespect of, or derivative referenced to, any such securities) during the periodto the date on which the offer becomes or is declared unconditional as toacceptances or lapses or is otherwise withdrawn. Under the provisions of Rule 8.1 of the City Code, all dealings in relevantsecurities of Chorion by any of its respective "associates" (within the meaningof the City Code) must also be disclosed. If you are in any doubt as to the application of Rule 8 to you, please contactan independent financial adviser authorised under the Financial Services andMarkets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk orcontact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013. Enquiries: Portland PRTim Allan Telephone: +44 (0) 20 7404 5344 This information is provided by RNS The company news service from the London Stock Exchange