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IBG Internet Bus.

9.50
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Internet Bus. LSE:IBG London Ordinary Share GB0003754073 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Rule 2.10 Announcement

17/12/2007 10:11am

UK Regulatory


RNS Number:0391K
Internet Business Group
17 December 2007



 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
    FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
                       RELEVANT LAWS OF SUCH JURISDICTION
                                        
                                        
                      Internet Business Group plc ('IBG')
                                        
              RULE 2.10 ANNOUNCEMENT - RELEVANT SECURITIES IN ISSUE
                                        
IBG  announces, in accordance with Rule 2.10 of The City Code on
Takeovers and Mergers, that as at the close of business on 13 December 2007 its
issued share capital consisted of 77,190,800 ordinary shares of 1 pence each.

The International Securities Identification Number for IBG's ordinary
shares is GB0003754073.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code ("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 IBG or TMN, all "dealings" in any
"relevant securities" of that company (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 3.30 p.m. (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which the scheme of arrangement under section
425 of the Companies Act 1985 (as amended) (the "Scheme") becomes effective in
accordance with its terms or until the date on which the Scheme lapses or is
otherwise withdrawn (or, if TMN elects to effect the Acquisition by way of a
Takeover Offer, until the date on which such Takeover Offer becomes, or is
declared, unconditional as to acceptances, lapses or is otherwise withdrawn or
on which the relevant "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 IBG or TMN, 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 IBG or TMN by IBG or TMN, or by any of their respective
associates, must be disclosed by no later than 12.00 noon 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 on Takeovers and Mergers (the "Panel)" 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. If you are in any doubt as to whether or not you are required
to disclose a dealing under Rule 8, please contact an independent financial
adviser authorised under FSMA, consult the Panel's website at
www.thetakeoverpanel.org.uk or contact the Panel on telephone number + 44 (0) 20
7638 0129.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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