Hummingbird Regulatory News (HUM)

30 Jan 2008 16:20

Humberts Group PLC30 January 2008 Humberts Group PLC30 January 2008 FOR IMMEDIATE RELEASE Humberts Group PLC ("Humberts" or the "Company") Statement re Share Price Movement Humberts notes the recent movement in its share price. Humberts confirms it hasreceived a preliminary approach which may or may not lead to an offer being madefor the Company. There can be no certainty that an offer will be made for the Company or as tothe terms on which such an offer may be made. Further announcements will be made as appropriate. Pursuant to Rule 2.10 of the City Code, Humberts confirms that it has 62,194,618ordinary shares of 5p each in issue and admitted to trading on the London StockExchange (ISIN GB0034037811). Enquiries: Panmure Gordon Telephone: 020 7459 3600Grant HarrisonMark Lander The Directors of Humberts accept responsibility for the information contained inthis announcement. To the best of knowledge and belief of the Directors, whohave taken all reasonable care to ensure such is the case, the informationcontained in this announcement is in accordance with the facts and does not omitanything likely to affect the import of such information. Panmure Gordon is acting for Humberts and no one else in connection with thisannouncement and will not be responsible to anyone other than Humberts forproviding the protections afforded to clients of Panmure Gordon or for providingadvice in relation to the contents of this announcement. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the"Code"), if any person is, or becomes, "interested" (directly or indirectly) in1% or more of any class of "relevant securities" of Humberts, all " dealings" inany "relevant securities" of Humberts (including by means of an option inrespect of, or a derivative referenced to, any such "relevant securities") mustbe publicly disclosed by no later than 3:30pm (London time) on the Londonbusiness day following the date of the relevant transaction. This requirementwill continue until the date on which the offer becomes, or is declared,unconditional as to acceptances, lapses or is otherwise withdrawn or on whichthe "offer period" otherwise ends.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 Humberts, they will be deemed to be asingle person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevantsecurities" of Humberts by the potential offeror or Humberts, 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 atwww.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 the virtue of any optionin respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on theTakeover Panel's website. If you are in any doubt as to whether or not you arerequired to disclose a "dealing" under Rule 8, you should consult the TakeoverPanel. This information is provided by RNS The company news service from the London Stock Exchange