Sareum Regulatory News (SAR)

7 Mar 2005 12:01

Sareum Holdings PLC07 March 2005 Date of Disclosure 7 March 2005 DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3 OF THE CITY CODE ON TAKEOVERSAND MERGERS Date of dealing 4 March 2005 Dealing in SAREUM HOLDINGS PLC (1) Class of securities (eg ordinary shares) Ordinary Shares (2) Amount sold Price per unit Peter Hoskins 250,000 2.75p (3) Resultant total of the same class owned or controlled (and percentage ofclass) Resultant holding for party named above: 7,700,050 (2.21%) (4) Party making disclosure Peter Hoskins (5) EITHER (a) Name of vendor (Note 1) Peter Hoskins OR (b) If dealing fordiscretionary client(s), name of fund management organisation (6) Reason for disclosure (Note 2) (a) associate of (i) offeror (Note 3) No (ii) offeree company NoSpecify which category or categories of associate (1-8 overleaf)If category (8), explain. (b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of theclass of relevant securities dealt in) YES Signed, for and on behalf of the party named in (4) above N/A (Also print name of signatory) Peter Hoskins Telephone and extension number 01799 530084______________________________________ Note 1. Specify owner, not nominee or vehicle company. If relevant, alsoidentify controller of owner, eg where an owner normally acts on instructions ofa controller. Note 2. Disclosure might be made for more than one reason; if so, state allreasons. Note 3. Specify which offeror if there is more than one. Note 4. When an arrangement exists with any offeror, with the offeree companyor with an associate of any offeror or of the offeree company in relation torelevantsecurities, details of such arrangement must be disclosed, as required by Note 6on Rule 8. Note 5. It may be necessary, particularly when disclosing derivativetransactions, to append a sheet to this disclosure form so that all relevantinformation can be given. Note 6. In the case of an average price bargain, each underlying trade should bedisclosed. Note 7. The resultant total percentage holding of the class of relevant securityis to be calculated by reference to the percentage held and in issue outsidetreasury. For full details of disclosure requirements, see Rule 8 of the Code. If indoubt, contact the Panel on Takeovers and Mergers, Monitoring Section, 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