Business
Rule 2.10 Announcement
Rule 2.10 Announcement.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n European Motor Hldgs PLC\n05 December 2006\n\n\n\n5 DECEMBER 2006\n\n EUROPEAN MOTOR HOLDINGS PLC (\"EMH\")\n\n Disclosure in accordance with Rule 2.10 of the Takeover Code\n\n\nIn accordance with Rule 2.10 of the Takeover Code, EMH confirms that its current\nissued share capital comprises 54,767,088 ordinary shares of 40 pence each. The\nInternational Securities Identification Number for EMH's ordinary shares is\nGB0003151130.\n\nDealing Disclosure Requirements\n\nUnder the provisions of Rule 8.3 of the Takeover Code (the \"Code\"), if any\nperson is, or becomes, \"interested\" (directly or indirectly) in 1% or more of\nany class of \"relevant securities\" of EMH, all \"dealings\" in any \"relevant\nsecurities\" of that company, (including by means of an option in respect of, or\na derivative referenced to, any such \"relevant securities\") must be publicly\ndisclosed by no later than 3.30 p.m. (London time) on the London business day\nfollowing the date of the relevant transaction. This requirement will continue\nuntil the date on which the \"offer period\" ends, or is declared unconditional as\nto acceptances, lapses or is otherwise withdrawn or on which the \"offer\" period\"\notherwise ends. If two or more persons act together pursuant to an agreement or\nunderstanding, whether formal or informal, to acquire an \"interest\" in \"relevant\nsecurities\" of EMH, they will be deemed to be a single person for the purpose of\nRule 8.3.\n\nUnder the provisions of Rule 8.1 of the Code, all \"dealings\" in \"relevant\nsecurities\" of EMH by EMH or by any of its \"associates\", must be disclosed by no\nlater than 12.00 noon (London time) on the London business day following the\ndate of the relevant transaction.\n\nA disclosure table, giving details of the companies in whose \"relevant\nsecurities\" \"dealings\" should be disclosed, and the number of such securities in\nissue, can be found on the Takeover Panel's website at\nwww.thetakeoverpanel.org.uk.\n\n\"Interests in securities\" arise, in summary, when a person has long economic\nexposure, whether conditional or absolute, to changes in the price of\nsecurities. In particular, a person will be treated as having an \"interest\" by\nvirtue of the ownership or control of securities, or by virtue of any option in\nrespect of, or derivative referenced to, securities.\n\nTerms in qu...