Business
Rule 8.3- Freeport PLC
Rule 8.3- Freeport PLC.
About this update from Coats Group Plc
[{"type":"text","content":"\n Guinness Peat Group PLC\n24 August 2007\n\n\nRe Freeport plc\n\nThe following is the text of a letter which is being sent today by Guinness Peat\nGroup plc (\"GPG\") to Freeport plc (\"Freeport\") in connection with GPG's purchase\nof shares in Freeport.\n\n\n\"Disclosure of Interest in Shares pursuant to Rule 8.3 of the Takeover Code \n(the \"Code\")\n\nGuinness Peat Group plc and its subsidiary companies (\"the Group\") hereby notify\nFreeport plc (\"Freeport\") that, following the market acquisition of 1,037,030\nOrdinary shares on 24 August 2007 at £4.05 per Share, the Group's direct\ninterest now amounts to 8,617,811 Shares representing 22.76% of the issued share\ncapital of Freeport.\n\nThe Group has no interest in options or derivatives in the shares of Freeport.\nTherefore, following the above transaction, in accordance with its disclosure\nobligations under Rule 8.3 of the Code, the Group has a long interest in\nrelevant securities (as defined in the Code) in aggregate totalling 22.76% of\nthe issued shares of Freeport.\n\nThe Group has an interest by virtue of being a Rule 8.3 shareholder of \nFreeport.\"\n\n\nRichard Russell \nCompany Secretary \nGuinness Peat Group plc \nTel: (0) 20 7484 3370 \n\n24 August 2007\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":1358,"tagName":"div"}]