Rule 2.10 Announcement

RNS Number : 4451B

Oxford Biomedica PLC

15 August 2008

 



For Immediate Release

15 August 2008

Oxford BioMedica Plc 

('Oxford BioMedica')

Rule 2.10 Announcement

In accordance with Rule 2.10 of the Takeover Code, Oxford BioMedica confirms that at close of business on 14 August 2008 it had 537,289,761 ordinary shares of 1p each in issue. The International Securities Identification Number for these shares is GB0006648157.

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 Oxford BioMedica, all 'dealings' in any 'relevant securities' of Oxford BioMedica (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until the date on which any offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends.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 Oxford BioMedica, 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 Oxford BioMedica by any potential offeror or Oxford BioMedica, 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.

 

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