Powerhouse Ener Regulatory News (PHE)

12 Apr 2005 17:20

Dawnay Day Corporate12 April 2005 FORM SAR 3 Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel. A copymust also be sent to the company the shares of which are acquired. Date of disclosure...12 April 2005. DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of acquisition ........................12 April 2005. Acquisition in ..................Bidtimes PLC.........(name of company) (1) Class of Number of shares/ If rights over shares acquired, as opposedvoting rights over shares to the shares themselves, specify nature ofshares acquired rights(eg ordinary shares) Ordinary 100,000 sharesshares nil rights N/A (2) Resultant total holding of Resultant total holding of rights Totalvoting shares (and % of total over shares (and % of total percentagevoting shares in issue) voting shares in issue) 3,158,742(18.18 %) nil ( 0 %) 18.18 % (3) Party making disclosure Dawnay, Day Corporate Finance Ltd.................. (4) (a) Name of person acquiring shares or rights over shares SD Wicks Esqand, if different, beneficial owner............................................................................... (b) Names of any other persons acting byagreement or understanding Trustees of the SD Wicks Pension Scheme Signed, for and on behalf of the party named in (3) above............................................................. (Also print name of signatory) David Floyd................ Telephone and extension number 020 7509 4570.................. ______________________________________ Note 1. Under SAR 5, the holdings of and acquisitions by persons acting byagreement or understanding must be aggregated and treated as a holding of oracquisition by one person. Note 3 on SAR 5 requires persons who must aggregateholdings to disclose certain disposals. Note 2. The resultant total percentage holding of voting shares and rights overshares is to be calculated by reference to the percentage held and in issueoutside treasury. For full details of the SARs disclosure requirements, see Rules 3 and 5 of theSARs. If in doubt, contact the Panel on Takeovers and Mergers, MonitoringSection, Tel. No: 020 7638 0129. E-mail: monitoring@disclosure.org.uk This information is provided by RNS The company news service from the London Stock Exchange