Rule 2.10 Announcement

 

TIDMSOO 
 
RNS Number : 0367Q 
Southampton Leisure Holdings PLC 
02 April 2009 
 

2 April 2009 
 
 
Southampton Leisure Holdings plc ("SLH" or "the Company") 
 
 
 
 
The joint administrators of the Company note the recent press speculation in 
regard to the sale of the Company. The joint administrators confirm that they 
are soliciting offers for both the Company and its main asset, Southampton 
Football Club Limited. 
 
 
A further announcement will be made in due course. 
 
 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, SLH 
confirms that it currently has in issue 28,090,896 ordinary shares of 5p each, 
(no shares are held in treasury) and admitted to trading on AIM, a market 
operated by the London Stock Exchange. 
 
 
In addition, the following options are also outstanding: 
 
 
+-----------------+-----------+---+------------------------------+---------------+ 
| Date of grant   | Number of |   | Period of Options            |      Exercise | 
|                 |    Shares |   |                              |     Price per | 
|                 |           |   |                              |         share | 
+-----------------+-----------+---+------------------------------+---------------+ 
|   5 May 2004    |  200,000  |   |5 April 2007 to 5 April 2011  |      46p      | 
+-----------------+-----------+---+------------------------------+---------------+ 
 
 
The International Securities Identification Number for SLH's ordinary shares is 
GB0007922114. 
 
 
 
 
For further information: 
 
+--------------------------------------------------+--+----------------------------+ 
| Begbies Traynor (South) LLP                      |  |                            | 
+--------------------------------------------------+--+----------------------------+ 
| Mark Fry                                         |  | Tel: [phone]         | 
+--------------------------------------------------+--+----------------------------+ 
|                                                  |  |                            | 
+--------------------------------------------------+--+----------------------------+ 
 
 
 
 
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 1% or more of any class of 
"relevant securities" of SLH, 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 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 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  SLH, 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 
SLH, 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 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, you should consult the Panel." 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RTTUUOSRKVRSRAR