TIDMTIME 
 
RNS Number : 8718I 
Timestrip PLC 
19 March 2010 
 
                                  Timestrip plc 
                         ("Timestrip" or the "Company") 
 
                            Strategic Review - update 
 
Further to the announcement of yesterday, the Company confirms that it is 
considering all options open to it which may or may not include an offer for the 
Company. 
 
Accordingly the Company is now deemed to be in an Offer Period under the terms 
of The City Code on Takeovers and Mergers. The Directors wish to clarify that 
they have not received an offer for the Company and are not currently in any 
discussions that may lead to an offer for the Company. 
 
 
A further announcement will be made if and when appropriate. 
 
 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the 
"Code"), the Company confirms that it has 496,812,376 ordinary shares of 0.02 
pence each in issue and admitted to trading on the AIM market of the London 
Stock Exchange under the UK ISIN code GB00B067M199. 
 
For more information please contact: 
 
Timestrip plc 
 
Jonathan Steinberg, Non-Executive Director 
 01462 440700 
Paul Freedman, Joint CEO 
 
 
Geoff Nash / Ed Frisby, FinnCap, NOMAD 
020 7600 1658 
 
 
 
 
 
Dealing Disclosure Requirements 
 
Under the provisions of Rule 8.3 of the Code, if any person is, or becomes 
"interested" (directly or indirectly) in 1% or more of any class of "relevant 
securities" of Timestrip, all "dealings" in any "relevant securities" of 
Timestrip (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 p.m. (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or is otherwise withdrawn or on which the "offer period" otherwise ends.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 
Timestrip 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 Timestrip 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.takeoverpanel.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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