Feedback Regulatory News (FDBK)

17 Oct 2007 13:39

Feedback PLC17 October 2007 17 October 2007 Feedback Plc (the "Company") Statement in respect of a possible offer Following the rise in the Company's share price today, the Board confirms thatit is in very preliminary discussions that may or may not lead to an offer forthe entire issued share capital of the Company. The Board emphasises that thesediscussions are at a very early stage and there can be no certainty that anoffer will be made. A further announcement will be made in due course. In accordance with Rule 2.10 of the City Code, as at the close of business on 16October 2007, the Company had 82,480,060 ordinary shares of 0.25 pence each inissue. The International Securities Identification Number (ISIN) for theseshares is GB0003340550. Enquiries: Feedback plc 01892 653 322David Sawyer, Chief Executive Charles Stanley SecuritiesNominated Adviser 020 7149 6457Philip Davies DEALING DISCLOSURE REQUIREMENTS Under the provisions of Rule 8.3 of the City Code, if any person is, or becomes,"interested" (directly or indirectly) in one per cent. or more of any class of"relevant securities" of the Company, all "dealings" in any "relevantsecurities" of the Company (including by means of an option in respect of, or aderivative referenced to, any such "relevant securities") must be publiclydisclosed by no later than 3.30 p.m. (London time) on the London business dayfollowing the date of the relevant transaction. This requirement will continueuntil the date on which any offer (if made) becomes, or is declared,unconditional as to acceptances, lapses or is otherwise withdrawn or the date onwhich the "offer period" otherwise ends. If two or more persons act togetherpursuant to an agreement or understanding, whether formal or informal, toacquire an "interest" in "relevant securities" of the Company, they will bedeemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the City Code, all "dealings" in "relevantsecurities" of the Company by an offeror or the Company, or 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 whose "relevant securities"and "dealings" should be disclosed, and the number of securities in issue, canbe 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 City Code, which can also be foundon the Panel's website at www.thetakeoverpanel.org.uk. If you are in any doubtas to whether or not you are required to disclose a dealing under Rule 8, youshould consult the Panel. 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 (0) 20 7638 0129; fax number +44 (0)20 7236 7013. This information is provided by RNS The company news service from the London Stock Exchange