Amd Commo Exagr Regulatory News (COMG)

17 Apr 2007 07:04

Europasia Education PLC17 April 2007 17 April 2007 EUROPASIA EDUCATION plc ("EPE" or "the Company") Rule 2.10 Announcement Relevant Securities in Issue In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, EPE confirms that it has 57,008,523 Ordinary shares of 5 pence each in issue. The ISIN reference for these securities is GB00B0N9QD87. For further information visit www.europasiaeducation.com or contact: James Holmes, ChairmanEuropAsia Education plc020 7355 7928 Paul QuadeCity Road Communications020 7248 8010 Insinger de BeaufortNandita SahgalTel: 020 7190 7000 Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if anyperson is, or becomes, "interested" (directly or indirectly) in 1% or more ofany class of "relevant securities" of the offeree company, all "dealings" in any"relevant securities" of that company (including by means of an option inrespect of, or a derivative referenced to, any such "relevant securities") mustbe publicly disclosed by no later than 3.30 pm (London time) on the Londonbusiness day following the date of the relevant transaction. This requirementwill continue until the date on which the offer becomes, or is declared,unconditional as to acceptances, lapses or is otherwise withdrawn or on whichthe "offer period" otherwise ends. If two or more persons act together pursuantto an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of the offeree company, they will be deemedto be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevantsecurities" of the offeree company by the offeror or the offeree company, or byany of their respective "associates", must be disclosed by no later than 12.00noon (London time) on the London business day following the date of the relevanttransaction. A disclosure table, giving details of the companies in whose "relevantsecurities" "dealings" should be disclosed, and the number of such securities inissue, can be found on the Takeover Panel's website atwww.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a person has long economicexposure, whether conditional or absolute, to changes in the price ofsecurities. In particular, a person will be treated as having an "interest" byvirtue of the ownership or control of securities, or by virtue of any option inrespect of, or derivative referenced to, securities. Terms in quotation marksare defined in the Code, which can also be found on the Panel's website. If youare 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