Ei Group plc Rule 2.9, treasury shares & exercise of options (1146E)
February 25 2020 - 1:03PM
UK Regulatory
TIDMEIG
RNS Number : 1146E
Ei Group plc
25 February 2020
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
FOR IMMEDIATE RELEASE
Ei Group plc
25 February 2020
Ei Group plc (the "Company")
Exercise of share options, transfer of treasury shares and Rule
2.9 announcement
The Company announces that, on 25 February 2020, 18,869 options
granted under the EIG 2005 and 2015 Save As You Earn Schemes were
exercised and that 18,869 ordinary shares of 2.5 pence each in the
capital of the Company held in treasury were transferred to satisfy
the exercise of such options.
In accordance with Rule 2.9 of the City Code on Takeovers and
Mergers (the "Code"), the Company confirms that, as at the date of
this announcement, it has 438,355,312 ordinary shares of 2.5 pence
each (excluding shares held in treasury) in issue and admitted to
trading on the main market of the London Stock Exchange. The
Company currently holds 49,554,763 ordinary shares in treasury. The
International Securities Identification Number (ISIN) for the
Company's ordinary shares is GB00B1L8B624.
Enquiries Tel: +44 (0)121 272 5000
Ei Group plc
L Togher
Company Secretary
Dealing disclosure requirements
Under Rule 8.3(a) of the Code, any person who is interested in
one per cent. or more of any class of relevant securities of an
offeree company or of any securities exchange 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 securities exchange 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 securities exchange 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 securities exchange offeror
is first identified. Relevant persons who deal in the relevant
securities of the offeree company or of a securities exchange
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 one per cent. or more of any class of relevant
securities of the offeree company or of any securities exchange
offeror must make a Dealing Disclosure if the person deals in any
relevant securities of the offeree company or of any securities
exchange 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 securities exchange
offeror(s), 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
securities exchange 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 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 +44
(0)20 7638 0129 if you are in any doubt as to whether you are
required to make an Opening Position Disclosure or a Dealing
Disclosure.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
OUPEAPASAEFEEFA
(END) Dow Jones Newswires
February 25, 2020 13:03 ET (18:03 GMT)
Ei (LSE:EIG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ei (LSE:EIG)
Historical Stock Chart
From Jul 2023 to Jul 2024