Share Price Movement

16 Jun 2005 12:13

Private & Commercial Fin Group Plc16 June 2005 PRIVATE & COMMERCIAL FINANCE GROUP PLCSTATEMENT RE. SHARE PRICE MOVEMENT16th JUNE 2005 The Directors of Private & Commercial Finance Group plc ("PCFG" or the"Company") note the rise in the Company's share price today. The Directors havereceived a tentative approach which might or might not lead to an offer for theCompany. It should be emphasised that no substantive discussions have yet takenplace. In line with its usual practice, the Company intends to release a pre-closeperiod trading update before the end of June. A further announcement will be made in due course if appropriate. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the"City Code"), any person who, alone or acting together with any other person(s)pursuant to an agreement or understanding (whether formal or informal) toacquire or control relevant securities of PCFG, owns or controls, or becomes theowner or controller, directly or indirectly, of one per cent. or more of anyclass of securities of PCFG is required to disclose, by not later than 12.00noon (London time) on the London business day following the date of the relevanttransaction, dealings in such securities of that company (or in any option inrespect of, or derivative referenced to, any such securities) during the periodto the date on which the offer becomes or is declared unconditional as toacceptances or lapses or is otherwise withdrawn. 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. This information is provided by RNS The company news service from the London Stock Exchange