RNS Number : 4697I
Raymarine PLC
11 March 2010
PRESS ANNOUNCEMENT
FOR IMMEDIATE RELEASE
11 March 2010
RAYMARINE PLC ("RAYMARINE" OR THE
"COMPANY")
UPDATED RULE 2.10 ANNOUNCEMENT
The announcement made by Raymarine dated 11 March 2009 set out the number of ordinary shares of 1 pence each in issue as
being83,166,364. It should be noted that this number included 1,493,852 of the Company's ordinary shares held in treasury.
Therefore, in accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Raymarine confirms that it has 81,672,512
shares of 1 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB00B040K612.
Enquiries
Raymarine plc
Peter Ward - Chairman 023 9269 3611
Tony Osbaldiston - Finance Director
Hogarth Partnership Limited
Chris Matthews 0207 357 9477
Andrew Jaques
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 Raymarine, all "dealings" in any
"relevant securities" of Raymarine (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 3.30pm (London time) on the London business day following
the date of the relevant transaction. This requirement will continue until the date on which the 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unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.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 Raymarine, 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 Raymarine by the potential offeror or
Raymarine, 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.takeoverpanel.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 Takeover 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 Takeover Panel.
This information is provided by RNS
The company news service from the London Stock Exchange
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