Rule 2.10 Announcement

 

TIDMCYH 
 
RNS Number : 9332D 
CybIT Holdings PLC 
10 December 2009 
 

Cybit Holdings plc ("Cybit" or the "Company") 
RULE 2.10 ANNOUNCEMENT - RELEVANT SECURITIES IN ISSUE 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the 
"Takeover Code"), Cybit confirms that it had 27,451,767 ordinary shares of 5 
pence each in issue as at close of business on 9 December 2009. The ISIN 
reference for these shares is GB00B04QS651. 
 
 
DEALING DISCLOSURE REQUIREMENTS 
Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, 
"interested", (directly or indirectly) in one per cent. or more of any class of 
"relevant securities"' of Cybit, all "dealings" in any "relevant securities" of 
Cybit (including by means of an option in respect of, or a derivative referenced 
to, any such "relevant securities") must be publicly disclosed by no later than 
3.30pm (London time) on the Business Day following the date of the relevant 
transaction. This requirement will continue until the Effective Date or until 
the date on which the Scheme lapses or is otherwise withdrawn or, on which the 
"offer period" otherwise ends (or, if Bidco elects to effect the Acquisition by 
way of a takeover offer, until the date on which such offer becomes, or is 
declared, unconditional as to acceptances, lapses or is otherwise withdrawn or 
on which the offer period otherwise ends). If two or more persons act together 
pursuant to an agreement or understanding, whether formal or informal, to 
acquire an "interest" in "relevant securities" of Cybit, 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 "relevant 
securities" of Cybit by Bidco or Cybit, or by any of their respective 
"associates", must be disclosed by no later than 12:00 noon (London time) on the 
Business Day following the date of the relevant transaction. 
A disclosure table, giving details of the companies in whose "relevant 
securities" "dealings" should be disclosed, and the number of such securities in 
issue, can be found on the Panel's website at www.thetakeoverpanel.org.uk. 
"Interests in securities" arise, in summary, when a person has long economic 
exposure, whether conditional or absolute, to changes in the price of 
securities. In particular, a person will be treated as having an "interest" by 
virtue of the ownership or control of securities, or by virtue of any option in 
respect of, or derivative referenced to, securities. 
Terms in quotation marks, are defined in the Code, which can also be found on 
the Panel's website at www.thetakeoverpanel.org.uk. 
If you are in any doubt as to the application of Rule 8 to you, please contact 
an independent financial adviser authorised under the Financial Services and 
Market Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or 
contact the Panel on telephone number [phone]; fax [phone] 
7013. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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