Rule 2.10 Announcement

RNS Number : 2347V

Expro International Group PLC

23 May 2008

 

For Immediate Release

       EXPRO INTERNATIONAL GROUP PLC

In accordance with Rule 2.10 of the Takeover Code, Expro International Group PLC confirms that at close of business on 23 May 2008 it had 110,453,328 ordinary shares of 10 pence each in issue. The International Securities Identification Number for these shares is GB0003119392.

For further information please contact:

Expro International Group PLC                                              0118 959 1341

Melanie Cox, Deputy Company Secretary

Dealing disclosure requirements

Under the provisions of Rule 8.3 of the Takeover Code, if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of Expro, all 'dealings' in any 'relevant securities' of Expro (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until the date on which any offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends.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 Expro, 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 Takeover Code, all 'dealings' in 'relevant securities' of Expro by any potential offeror or Expro, 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.

 

END

 

 

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