Oasis Healthcare PLC
27 April 2007
Oasis Healthcare Plc ("Oasis" or the "Company")
Comment re share price movement
The Board of Oasis Healthcare Plc notes the recent rise in the Company's share
price. The Board confirms it has received a number expressions of interest to
acquire the entire share capital of the Company, all at a significant premium to
the current share price. It is evaluating the position with its advisers, Oriel
Securities Limited, and will make a further announcement in due course. There
can be no certainty that any offer will be forthcoming.
27 April 2007
Oriel Securities 020 7710 7600
Rule 2.10 information
In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, Oasis
Healthcare Plc confirms that, as at the close of business on 26 April 2007, its
issued share capital consisted of 82,421,081 ordinary shares of 1 pence each.
The ISIN reference number for these securities is GB0006556152.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any
person is, or becomes, interested" (directly or indirectly) in 1% or more of
any class of "relevant securities" of Oasis, 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acceptances, lapses or is otherwise withdrawn or on which the "offer period"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 Oasis, they will be deemed to be a single person for the purpose
of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Oasis by the offeror or Oasis,, 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
"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a "dealing" under Rule 8, you should consult the Panel.
This information is provided by RNS
The company news service from the London Stock Exchange