Business
Strategic Review - Update
Strategic Review - Update.
About this update from Time Finance Plc
[{"type":"text","content":"\n RNS Number : 8718I Timestrip PLC 19 March 2010 \n\nTimestrip plc\n(\"Timestrip\" or the \"Company\")\n \nStrategic Review - update\n \nFurther to the announcement of yesterday, the Company confirms that it is considering all options open to it which may or may not include an offer for the Company. \n \nAccordingly the Company is now deemed to be in an Offer Period under the terms of The City Code on Takeovers and Mergers. The Directors wish to clarify that they have not received an offer for the Company and are not currently in any discussions that may lead to an offer for the Company.\n \n \nA further announcement will be made if and when appropriate.\n \n \nIn accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the \"Code\"), the Company confirms that it has 496,812,376 ordinary shares of 0.02 pence each in issue and admitted to trading on the AIM market of the London Stock Exchange under the UK ISIN code GB00B067M199. \n \nFor more information please contact: \n \nTimestrip plc\n \nJonathan Steinberg, Non-Executive Director 01462 440700 \nPaul Freedman, Joint CEO \n \nGeoff Nash / Ed Frisby, FinnCap, NOMAD 020 7600 1658 \n \n \n \n \n \nDealing Disclosure Requirements\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 Timestri...