Last checked at 19 May 2010 09:29
FOR IMMEDIATE RELEASE
19 May 2010
Not for release, publication or distribution in whole or in part, in or into the United States, Canada, Australia, Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction.
LIBERTY Plc ("Liberty" or "the Company"):
RULE 2.10 ANNOUNCEMENT - Replacement
Rule 2.10 Requirement
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Liberty confirms that it currently has 22,602,808 ordinary shares of 25p each in issue and 385,000 cumulative non-redeemable preference shares of £1 each in issue.
The International Securities Identification Number (ISIN) for Liberty's ordinary shares is GB0007742082.
The International Securities Identification Number (ISIN) for Liberty's cumulative non-redeemable preference shares is GB0007743056.
Contact:
Richard Balfour-Lynn, Chairman, Liberty. Tel: 020 7706 2121
Baron Phillips, Baron Phillips Associates. Tel: 020 7920 3161
Dealing disclosure requirements:
Under Rule 8.3(a) of the City Code, any person who is interested in 1 per cent. or more of any class of relevant securities of an offeree company or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3:30pm on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3:30pm on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the City Code, any person who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any paper offeror, must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3:30pm on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4). Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129.
Seymour Pierce Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Liberty plc and for no one else in connection with the proposed offer and is not advising any other person or treating any other person as its client in relation thereto and will not be responsible to anyone other than Liberty plc for providing the protections afforded to clients of Seymour Pierce Limited, or for giving advice to any other person in relation to the proposed offer, the contents of this announcement or any other matter referred to herein.
Cavendish Corporate Finance LLP, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Liberty plc and for no one else in connection with the proposed offer and is not advising any other person or treating any other person as its client in relation thereto and will not be responsible to anyone other than Liberty plc for providing the protections afforded to clients of Cavendish Corporate Finance LLP, or for giving advice to any other person in relation to the proposed offer, the contents of this announcement or any other matter referred to herein.
Global Leisure Partners LLP, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Liberty plc and for no one else in connection with the proposed offer and is not advising any other person or treating any other person as its client in relation thereto and will not be responsible to anyone other than Liberty plc for providing the protections afforded to clients of Global Leisure Partners LLP, or for giving advice to any other person in relation to the proposed offer, the contents of this announcement or any other matter referred to herein.