Maven Renovar Regulatory News (MRV)

23 Jun 2005 12:42

Murray VCT 3 PLC23 June 2005 For immediate release: 23 June 2005 Murray VCT 3 plc (the "Company") The Board notes the announcement released today by Murray VCT 2 plc which statesthat the directors of that company have begun to examine in detail thefeasibility of merging the interests of Murray VCT 2 plc with Murray VCT plc andMurray VCT plc 3. As a result of this announcement the Company is now in an offer period under theCity Code on Takeovers and Mergers (the "City Code"). Therefore, in accordance with Rule 2.10 of the City Code the Company announcesthat it has in issue 39,952,670 ordinary shares of 10p each. The InternationalSecurities Identification Number (ISIN) for the ordinary shares is GB0002577434. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code, any person who, alone oracting together with any other person(s) pursuant to an agreement orunderstanding (whether formal or informal) to acquire or control relevantsecurities of Murray VCT PLC, Murray VCT 2 PLC or Murray VCT 3 PLC, owns orcontrols, or becomes the owner or controller, directly or indirectly, of one percent or more of any class of securities of Murray VCT PLC, Murray VCT 2 PLC orMurray VCT 3 PLC is required to disclose, by not later than 12.00 noon (Londontime) on the London business day following the date of the relevant transaction,dealings in such securities of that company (or in any option in respect of, orderivative referenced to, any such securities) during the period to the date onwhich the offer becomes or is declared unconditional as to acceptances or lapsesor is otherwise withdrawn. Under the provisions of Rule 8.1 of the City Code, all dealings in relevantsecurities of Murray VCT PLC, Murray VCT 2 PLC or Murray VCT 3 PLC by Murray VCTPLC, Murray VCT 2 PLC or Murray VCT 3 PLC or by any of their respective"associates" (within the meaning of 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: Patrick Reeve/Emil Gigov Tel: 020 7422 7830Close Venture Management Limited Derek Douglas/David Gaffney Tel: 01324 602 550Beattie Communication Group This information is provided by RNS The company news service from the London Stock Exchange