Business
Rule 2.10 Announcement
Rule 2.10 Announcement.
About this update from Mears Group Plc
[{"type":"text","content":"\n RNS Number : 2639F Mears Group PLC 08 January 2010 \n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR \nFROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD \nCONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION \n \n \nIn accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Mears Group plc confirms that it has in issue 74,395,553 ordinary shares of 1p each. The ISIN for the shares is GB0005630420 \n \n \nDealing Disclosure Requirements \n \n \nUnder the provisions of Rule 8.3 of the Code, if any person is, or becomes, \"interested\" (directly or indirectly) in 1% or more of any class of \"relevant securities\" of Mears or Supporta, 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until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the \"offer period\" otherwise ends.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 Mears or of Supporta, they will be deemed to be a single person for the purpose of Rule 8.3. \n \nUnder the provisions of Rule 8.1 of the Code, all \"dealings\" in \"relevant securities\" of Mears or Supporta by Mears or Supporta, 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. \n\n \n\"Interests in securities\" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of s...