Internet Technology - Rule 8 Disclosure
November 02 1999 - 10:04AM
UK Regulatory
RNS Number:1260A
Internet Technology Group PLC
2 November 1999
Date of Disclosure... 2 NOVEMBER 1999
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE OF TAKE-OVERS AND MERGERS
Date of dealing... 1 NOVEMBER 1999 ..................
Dealing in........ INTERNET TECHNOLOGY GROUP PLC ....(name of company)
1) Class of securities (eg ordinary shares)..ORDINARY SHARES ........
2) Amount bought Amount sold Price per unit
50,000 240p
3) Resultant total of the same class owned or controlled
(and percentage of class).. 903,900 ................(1.86%) ......
4) Party making disclosure..... SALOMON BROTHERS UK EQUITY LIMITED ....
5) EITHER (a) Name of purchaser/vendor (Note 1)... AS ABOVE .........
OR (b) if dealing for discretionary client(s), name of fund
management organisation............ N/A ...............
6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO
Specify which category or categories of associate (1-8 overleaf) N/A ...
If category (8), explain.............................................
(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class or relevant securities dealt in) YES
Signed, for and on behalf of the party named in (4) above..N/A.........
(Also print name of signatory)..... PETER FARMER ....................
Telephone and extension number...... 0171 721 1158 ....................
Note 1. Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, eg where an owner normally acts on
instructions of a controller
Note 2. Disclosure might be made for more than on reason; if so, state all
reasons.
Note 3. Specify which offeror is there is more than one.
Note 4. When an arrangement exists with any offeror, with the offeree company
or which an associate of any offeror or of the offeree company
in relation to relevant securities, details of such arrangement must
be disclosed, as required by Note 6 on Rule 8.......................
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For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Take-overs and Mergers, Tel No: 0171 382 9026
END
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