Rule 2.10 Announcement

RNS Number : 2689N

Iomart Group PLC

24 July 2014

 



24 July 2014

iomart Group plc

2.10 Announcement

Disclosure of total iomart Group plc ("iomart") shares in issue pursuant to Rule 2.10

In accordance with Rule 2.10 of the Code, iomart confirms that, at the date of this announcement, it had 106,834,803 ordinary shares of 1 pence each in issue and admitted to trading on AIM (excluding 968,203 shares held in treasury). The International Securities Identification Number for the iomart ordinary shares is GB0004281639. 

The total number of ordinary shares attracting voting rights in iomart is therefore 106,834,803. This figure may be used by shareholders to determine the percentage of issued share capital they hold in iomart.

For further information:

iomart Group plc                                                                     Tel: [phone]

Ian Ritchie

Peel Hunt LLP                                                                          Tel: [phone]

(Financial Adviser, Nominated Adviser and Broker to iomart)

Richard Kauffer

Charles Batten

Daniel Harris

Oliver Jackson

Newgate Threadneedle                                                           Tel: [phone]

Caroline Forde

Hilary Millar

Peel Hunt LLP, which is authorised and regulated in the UK by the Financial Conduct Authority, is acting exclusively for iomart and no one else in connection with the possible offer and this announcement and will not be responsible to anyone other than iomart for providing the protections afforded to clients of Peel Hunt LLP nor for providing advice in connection with the possible offer or any matter referred to herein.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person  who is interested in 1% or more  of any class of relevant securities of an offeree company or of any paper offeror (being any offeror  other than  an offeror  in respect  of which  it has  been announced that its offer is, or is likely to be, solely in cash) must make  an Opening Position Disclosure  following the  commencement of  the offer  period and, if later, following the announcement in which any paper offeror is  first identified. An  Opening  Position  Disclosure  must  contain  details  of  the person's interests and short  positions in, and rights  to subscribe for,  any relevant securities of  each of  (i) the offeree  company and  (ii) any  paper offeror(s). An Opening  Position Disclosure by  a person to  whom Rule  8.3(a) applies must  be made  by no  later than  3.30 pm  (London time)  on the  10th business  day  following  the  commencement  of  the  offer  period  and, if appropriate, by no later than 3.30 pm  (London time) on the 10th business  day following the announcement  in which  any paper offeror  is first  identified. Relevant persons who deal in the relevant securities of the offeree company or of a  paper offeror  prior to  the  deadline for  making an  Opening  Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of  any paper offeror  must make  a Dealing  Disclosure  if the  person deals  in  any relevant securities of the offeree company or of any paper offeror. A  Dealing Disclosure must contain details of the  dealing concerned and of the  person's interests and short positions  in, and rights to  subscribe for, any  relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule  8. A Dealing Disclosure by a person to  whom Rule 8.3(b) applies must be made  by no later than 3.30 pm (London time) on the business day following the date  of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or  informal, to  acquire or  control an  interest in  relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be  made by the offeree company and  by any offeror and Dealing Disclosures must also be made by the offeree  company, by any offeror  and by any  persons acting in  concert with any  of them  (see Rules 8.1, 8.2 and 8.4).

Details of the  offeree and  offeror companies  in respect  of whose  relevant securities Opening Position Disclosures and  Dealing Disclosures must be  made can be  found in  the Disclosure  Table  on the  Takeover Panel's  website  at www.thetakeoverpanel.org.uk, including  details  of  the  number  of  relevant securities in issue, when the offer period commenced and when any offeror  was first identified. You should contact  the Panel's Market Surveillance Unit  on [phone] if you are in any doubt as to whether you are required  to make an Opening Position Disclosure or a Dealing Disclosure.

 

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