Rule 2.10 Announcement
January 28 2010 - 11:11AM
UK Regulatory
TIDMCBRY
RNS Number : 3003G
Kraft Foods Inc.
28 January 2010
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF THAT JURISDICTION
28 January 2010
KRAFT FOODS INC. ("KRAFT FOODS")
RULE 2.10 ANNOUNCEMENT - RELEVANT SECURITIES IN ISSUE
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the
"Takeover Code"), Kraft Foods confirms that it had 1,479,035,462 shares of Class
A Common Stock of no par value (excluding shares held in treasury) in issue as
at close of business on 27 January 2010. The ISIN reference for these shares is
US50075N1046.
DEALING DISCLOSURE REQUIREMENTS
Under the provisions of Rule 8.3 of the Takeover Code, if any person is, or
becomes, "interested" (directly or indirectly) in 1 per cent. or more of any
class of "relevant securities" of Kraft Foods or of Cadbury plc, 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which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 Kraft Foods or of Cadbury plc, 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 Takeover Code, all "dealings" in
"relevant securities" of Kraft Foods or of Cadbury plc by Kraft Foods or Cadbury
plc, 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 Takeover Code, which can also be
found on the Takeover 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 Takeover Panel.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ISEPGUBUGUPUGQR
Cadbury Schweppes (LSE:CBRY)
Historical Stock Chart
From Jul 2024 to Jul 2024
Cadbury Schweppes (LSE:CBRY)
Historical Stock Chart
From Jul 2023 to Jul 2024