Oxus Gold Plc Regulatory News (OXS)

25 Oct 2007 14:30

Oxus Gold PLC25 October 2007 Oxus Gold plc Further re: Disclosure in accordance with Rule 2.10 of the City Code In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, OxusGold plc ("Oxus") confirms that as at close of business of 24 October 2007 ithas 365,399,173 ordinary shares of 1 pence each in issue. The ISIN reference for these securities is GB0030632714. Dealing disclosure requirements Under the provisions of Rule 8.3 of the Code, if any person is, or becomes,"interested" (directly or indirectly) in 1% or more of any class of "relevantsecurities" of Oxus or Marakand Minerals Limited ("Marakand Minerals") all"dealings" in any "relevant securities" of that company (including by means ofan option in respect of, or a derivative referenced to, any such "relevantsecurities") must be publicly disclosed by no later than 3.30 pm (London time)on the London business day following the date of the relevant transaction. Thisrequirement will continue until the date on which any offer becomes, or isdeclared, unconditional as to acceptances (or, if implemented by a scheme ofarrangement, such scheme becomes effective), lapses or is otherwise withdrawn oron which the "offer period" otherwise ends.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 Oxus or Marakand Minerals,they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevantsecurities" of Marakand Minerals by Oxus or of Oxus by Marakand Minerals, or byany of their respective "associates", must be disclosed by no later than 12.00noon (London time) on the London business day following the date of the relevanttransaction. A disclosure table, giving details of the companies in whose"relevant securities" "dealings" should be disclosed, and the number of suchsecurities in issue, 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 virtue of any option inrespect 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. For further information, please contact: Oxus Gold plcRichard Wilkins Tel: +44 (0)20 7907 2000 Canaccord Adams Limited Mike JonesErin Needra Tel: +44 (0)20 7050 6500 Bankside Consultants Ltd.Keith Irons/Oliver Winters Tel: +44 (0)20 7367 8873 This information is provided by RNS The company news service from the London Stock Exchange