Business
Rule 8 ftn 6 (B)
Rule 8 ftn 6 (B).
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n European Motor Hldgs PLC\n07 December 2006\n\n7 DECEMBER 2006\n\n EUROPEAN MOTOR HOLDINGS PLC (\"EMH\")\n\n Miscellaneous-Rule 8 ftn 6 (b)\n\nIn accordance with note 6(b) to Rule 8 of the Takeover Code, EMH announced on 6\nDecember 2006 that, in anticipation of its strategic review which was announced\non 18 October 2006, EMH had entered into a standstill arrangement on 26\nSeptember 2006 with one of its shareholders, Trefick Limited, which will expire\nat the latest on 31 December 2006.\n\nEMH announces that on 6 December 2006, EMH and Trefick Limited agreed that such\nstandstill arrangement be extended to 31 January 2007. The standstill was not\namended in any other respect.\n\nThis announcement is required by Rule 8 of the Takeover Code.\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the date on which the \"offer period\" ends, or is declared unconditional as\nto acceptances, lapses or is otherwise withdrawn or on which the \"offer\" period\"\notherwise ends.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 \nhttp://www.thetakeoverpanel.org.uk/.\n\n\"Interests in securities\" arise, in summary, when a...