Rule 2.10 Announcement

 

TIDMPST 
 
RNS Number : 2408O 
Portrait Software Plc 
25 June 2010 
 

 
 
              Portrait Software Plc ("Portrait" or the "Company") 
 
                             RULE 2.10 ANNOUNCEMENT 
 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Portrait 
confirms that, as a result of 250,000 share options being exercised, the 
Company's issued share capital consists of 124,107,508 ordinary shares of 2.5 
pence. 
The International Securities Identification Number (ISIN) for these shares is 
GB0031918716. 
Enquiries 
 
+-------------------------------+--------------------+ 
| Portrait Software plc         | [phone]    | 
| Luke McKeever, CEO            | 600                | 
| Matthew White, CFO            |                    | 
|                               |                    | 
+-------------------------------+--------------------+ 
| Singer Capital Markets Ltd    | [phone]     | 
| Shaun Dobson                  | 7500               | 
| Claes Spang                   |                    | 
|                               |                    | 
+-------------------------------+--------------------+ 
| ICIS                          | [phone]     | 
| Tom Moriarty                  | 8688               | 
| Caroline Evans-Jones          |                    | 
+-------------------------------+--------------------+ 
 
 
Under Rule 8.3(b) of the City Code, any person who is, or becomes, interested in 
one per cent. or more of any class of relevant securities of the offeree company 
or of any paper offeror must make a Dealing Disclosure if the person deals in 
any relevant securities of the offeree company or of any paper offeror.  A 
Dealing Disclosure must contain details of the dealing concerned and of the 
person's interests and short positions in, and rights to subscribe for, any 
relevant securities of each of: (i) the offeree company; and (ii) any paper 
offeror, save to the extent that these details have previously been disclosed 
under Rule 8.  A Dealing Disclosure by a person to whom Rule 8.3(b) applies must 
be made by no later than 3.30 pm (London time) on the business day following the 
date of the relevant dealing. 
If two or more persons act together pursuant to an agreement or understanding, 
whether formal or informal, to acquire or control an interest in relevant 
securities of an offeree company or a paper offeror, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror and by any persons acting in concert with any of them (see Rules 8.1, 
8.2 and 8.4 of the City Code). 
Details of the offeree and offeror companies in respect of whose relevant 
securities Opening Position Disclosures and Dealing Disclosures must be made can 
be found in the Disclosure Table on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk, including details of the number of relevant 
securities in issue, when the Offer Period commenced and when any offeror was 
first identified. If you are in any doubt as to whether you are required to make 
an Opening Position Disclosure or a Dealing Disclosure, you should contact the 
Panel's Market Surveillance Unit on [phone]. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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