Statement re possible offer
January 15 2009 - 1:11PM
UK Regulatory
TIDMEID
RNS Number : 7465L
Eidos plc
15 January 2009
15 January 2009
Eidos plc
Statement re Possible Offer
The Board of Eidos plc ("Eidos" or the "Company") notes today's share price
rise.
The Board can announce that it has received a preliminary approach which may or
may not lead to an offer being made for the Company. Eidos emphasises that
discussions are at a very early stage and that there can be no assurance that an
offer will be forthcoming.
Further statements will be issued in due course as appropriate.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"Code"), if any person is, or becomes, "interested" (directly or indirectly) in
1% or more of any class of "relevant securities" of Eidos all "dealings" in any
"relevant securities" of that company (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 pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which any 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which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 Eidos, 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 Eidos by Eidos or by an offeror, 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.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 "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
OFDBRGDBCUBGGCU
Eidos (LSE:EID)
Historical Stock Chart
From Jun 2024 to Jul 2024
Eidos (LSE:EID)
Historical Stock Chart
From Jul 2023 to Jul 2024