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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Triplearc | LSE:TPA | London | Ordinary Share | GB0031067340 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.92 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4296S TripleArc PLC 16 April 2008 TripleArc plc ("TripleArc" or "Company") Statement regarding share price movement and Rule 2.10 announcement The Board of TripleArc ("the Board") notes the recent rise in the share price of the Company and confirms that it is in discussions which may or may not lead to an offer being made for the Company. The Board expects to announce the Company's results for the year ended 31 December 2007 on 17 April 2008 and also to be able to update shareholders with regards to the potential offer at that time. There can be no certainty that an offer will be made for the Company or as to the terms on which any offer might be made. Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, the Company confirms that as at the close of business on 15 April 2008, the Company had 207,165,153 ordinary shares of 5p each in issue. The International Securities Identification Number (ISIN) for these shares is GB0031067340. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of TripleArc Plc 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 3.30pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which any offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends.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 TripleArc Plc, 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 TripleArc Plc by TripleArc Plc, or by any of its 'associates', must be disclosed by no later than 12 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'dealing' under Rule 8, you should consult the Panel. -Ends- Weber Shandwick Financial (Public Relations Adviser to TripleArc) Tel: +44 (0)20 7067 0700 Terry Garrett / James White END This information is provided by RNS The company news service from the London Stock Exchange END SPMGUUWUCUPRPWA
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