Replacement rule 2.10 Announcement
August 13 2009 - 6:59AM
UK Regulatory
TIDMBMC
RNS Number : 3975X
Grandtop International Holdings Ltd
13 August 2009
Grandtop International Holdings Limited
13 August 2009
Grandtop International Holdings Limited (the "Company" or
"Grandtop")
Rule 2.10 Announcement - Relevant
securities in issue
In accordance with Rule 2.10 of the Takeover Code, the Company confirms that as
at close of business on 12 August 2009 it had the following relevant securities
in issue:
1,226,059,000 ordinary shares of HK$0.01 each.
The ISIN number for these securities is KYG4136U1058
This announcement replaces RNS announcement 3758X that was released by Grandtop
on 13 August 2009 although all the above information remains as per that
announcement.
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 Grandtop or of, 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which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 Grandtop or, 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 Grandtop by Grandtop, 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.
"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
END
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