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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Silverjet | LSE:SIL | London | Ordinary Share | GB00B1443S31 | 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% | 13.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0305S Silverjet PLC 10 April 2008 10 April 2008 Silverjet plc ("Silverjet") Movement in Share Price Silverjet notes the recent increase in its share price. The Company is currently in discussions which may or may not lead to an offer for the issued share capital of the Company. A further announcement will be made when appropriate. - ends - For further information, please contact: Silverjet 020 7357 9477 Lawrence Hunt, Chief Executive Hogarth Partnership Limited 020 7357 9477 Fiona Noblet Sarah Richardson Arden Partners 020 7398 1638 Chris Fielding Tom Fyson Dealing disclosure requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the "City Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1 per cent. or more of any class of "relevant securities" of Silverjet, all "dealings" in any "relevant securities" of Silverjet (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 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer is declared unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.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 Silverjet, 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 City Code, all "dealings" in "relevant securities" of Silverjet by Silverjet or the Offeror, or by any of their respective "associates" must be disclosed by no later than 12.00 noon (London time) on the London 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 Takeover Panel's (the "Panel") website at www.thetakeoverpanel.org.uk. If you are in any doubt as to the application of Rule 8, please consult an independent financial adviser authorised under the Financial Services and Markets Act 2000 and/or consult the Takeover Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013. Disclosure in accordance with Rule 2.10 of the City Code: Silverjet's ordinary shares are traded on AIM, a market of the London Stock Exchange Plc, with ISIN No GB00B144351 Silverjet confirms that it has in issue 64,444,444 ordinary shares of £0.01 each. "Interests in securities" arise, in summary, when a person has a 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 City 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, you should consult the Panel. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR BUY ANY SECURITIES, NOR THE SOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE, ISSUE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. The Board accepts responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Board, who have taken all reasonable care to ensure that this is the case, such information is in accordance with the facts and does not omit anything likely to affect the import of such information. This announcement does not constitute an offer or invitation to purchase or subscribe for any securities. Arden Partners, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Silverjet and for no one else in connection with the matters referred to in this announcement and is not advising any other person or treating any other person as its client in relation thereto and will not be responsible to anyone other than Silverjet for providing the protections afforded to clients of Arden Partners, or for giving advice to any other person in relation to any matter or arrangement referred to in this announcement. This information is provided by RNS The company news service from the London Stock Exchange END SPMFKCKNFBKDCQK
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