HTH Hartest Hldgs.

 

TIDMHTH 
 
RNS Number : 3988G 
Takeover Panel 
01 February 2010 
 

 
 
                                                                          2010/5 
                              HARTEST HOLDINGS PLC 
                                  ("HARTEST") 
                             DELTA CONTROLS LIMITED 
                               ("DELTA CONTROLS") 
 
 
On 31 December 2009, the Panel Executive announced that it had ruled that Delta 
Controls must, by 5.00pm on 1 February 2010, either announce a firm intention to 
make an offer for Hartest under Rule 2.5 of the Code or announce that it does 
not intend to make an offer for Hartest. 
 
 
Following representations made by the advisers to Hartest, and having consulted 
with the advisers to Delta Controls, the Panel Executive has ruled that the 
deadline by which Delta Controls must either announce a firm intention to make 
an offer for Hartest under Rule 2.5 of the Code or announce that it does not 
intend to make an offer for Hartest should be extended to 5.00pm on 22 February 
2010. No extension to the revised deadline will be granted, except with the 
consent of the Panel Executive. 
 
 
In the event that Delta Controls announces that it does not intend to make an 
offer for Hartest, Delta Controls and any person(s) acting in concert with it 
will, except with the consent of the Panel Executive, be bound by the 
restrictions contained in Rule 2.8 of the Code for six months from the date of 
such announcement. 
 
 
Each of the parties has accepted this ruling. 
1 February 2010 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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