TIDMINFI
RNS Number : 4044I
Infinis Energy plc
08 December 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF
SUCH JURISDICTION
08 December 2015
INFINIS ENERGY PLC ("INFINIS")
Updated Rule 2.10 Announcement
In accordance with Rule 2.10 of the City Code on Takeovers and
Mergers (the "Code") and further to the announcement by Infinis
dated 15 December 2014 pursuant to that rule, Infinis announces
that it has today issued 7,180 ordinary shares of 1 pence each to
the trustee of its Share Incentive Plan.
Accordingly, as at 8 December 2015, Infinis has in issue
300,084,394 ordinary shares of 1 pence each with ISIN number
GB00BFG1QM56. No shares are held in Treasury.
For further information, please contact:
Investors and analysts:
Infinis Energy plc
Eric Machiels, CEO
Tom Hinton, CFO
Will Cooper, Head of Investor Relations
James Milne, Company Secretary
Telephone: +44 (0) 1604 742338
Media:
Brunswick LLP
David Litterick
Telephone: +44 (0)20 7404 5959
Email: infinis@brunswickgroup.com
This announcement is not intended to, and does not, constitute
or form part of any offer, invitation or the solicitation of an
offer to purchase, otherwise acquire, subscribe for, sell or
otherwise dispose of, any securities. This announcement has been
prepared in accordance with English law and the City Code on
Takeovers and Mergers and information disclosed may not be the same
as that which would have been prepared in accordance with the laws
of jurisdictions outside of the United Kingdom.
The distribution of this announcement in jurisdictions outside
the United Kingdom may be restricted by law or regulation and
therefore any person who comes into possession of this announcement
should inform themselves about, and comply with, such restrictions.
Any failure to comply with such restrictions may constitute a
violation of the securities laws or regulations of any such
relevant jurisdiction.
A copy of this announcement will be made available on Infinis'
website at www.infinis.com.
Disclosure requirements of the Takeover Code (the "Code")
Under Rule 8.3(a) of the Code, any person who is interested in
1% 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 1% 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 Takeover 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.
Statements by Financial Advisers
Barclays Bank PLC, acting through its investment bank
("Barclays"), which is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and the
Prudential Regulation Authority, is acting for Infinis and no one
else in connection with the matters described herein and will not
be responsible to anyone other than Infinis for providing the
protections afforded to its clients or for providing advice in
relation to the matters described in this announcement or any
transaction or any other matters referred to herein.
RBC Europe Limited (trading as RBC Capital Markets), which is
authorised by the Prudential Regulation Authority and regulated by
the Financial Conduct Authority and the Prudential Regulation
Authority in the United Kingdom, is acting for Infinis and no one
else in connection with the matters referred to in this
announcement and will not be responsible to anyone other than
Infinis for providing the protections afforded to clients of RBC
Capital Markets, or for providing advice in connection with the
matters referred to in this announcement.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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