Rule 2.10 Announcement
January 11 2010 - 3:00AM
UK Regulatory
TIDMUML
RNS Number : 3013F
Uranium Limited
11 January 2010
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.
RULE 2.10 ANNOUNCEMENT - RELEVANT SECURITIES IN ISSUE
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the
"City Code"), Uranium Limited confirms that, as at 11 January 2010, it has
41,250,000 ordinary shares of US$0.01 each in issue and admitted to trading on
AIM. The ISIN reference for these shares is GB00B16L0B41.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the City Code, if any person is, or becomes,
"interested" (directly or indirectly) in 1% or more of any class of "relevant
securities" of Uranium Limited or of Uranium Participation Corporation, all
"dealings" in any "relevant securities" of Uranium Limited or of Uranium
Participation Corporation (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. on the London business day following the
date of the relevant transaction. This requirement will continue until the date
on which the offer under the Transaction 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as to acceptances, lapses or is otherwise withdrawn or on which the "offer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 Uranium Limited or of Uranium Participation
Corporation, 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 City Code, all "dealings" in "relevant
securities" of Uranium Limited or of Uranium Participation Corporation by
Uranium Participation Corporation or Uranium Limited, or by any of their
respective "associates", must be disclosed by no later than 12.00 noon 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 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 "interests in
securities" by virtue of the ownership or control (whether conditional or
absolute) of securities, or by virtue of any agreement to purchase, derivative
or option in respect of, or derivative referenced to, securities.
Terms in quotation marks above are defined in the City 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.
In accordance with Rule 19.11, a copy of this announcement can be found at
www.uraniumlimited.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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