Statement re Share Price Movement
(Thomson Reuters ONE) - Hidefield Gold plc Statement regarding share price movementHidefield Gold plc ("the Company" or "Hidefield") notes the recentrise in the share price of the Company and confirms that it is indiscussions with a third party which may or may not lead to an offer,which would be on an all share basis, being made for the Company.This announcement has been made with the agreement of the potentialofferor.A further announcement will be made in due course.In accordance with Rule 2.10 of the Takeover Code, the Companyconfirms that it has 410,235,511 ordinary shares of 1p each in issueand admitted to trading on the AIM market of the London StockExchange under the ISIN reference GB0003644506.Enquiries:Hidefield Gold plcKen Judge (Chairman)Tel: + 44 773 300 1002Investor RelationsJon Bey (North America)Tel: + 1 604 638 3948Hanson Westhouse Limited (Financial Adviser to Hidefield)Tim Feather / Matthew JohnsonTel: + 44 113 246 2610Hanson Westhouse Limited, which is regulated in the United Kingdom bythe Financial Services Authority, is acting for Hidefield and no elsein relation to matters described in this announcement and will not beresponsible to anyone other than Hidefield for providing theprotections afforded to customers of Hanson Westhouse Limited.Dealing Disclosure RequirementsUnder the provisions of Rule 8.3 of the City Code on Takeovers andMergers (the "Code"), if any person is, or becomes, "interested"(directly or indirectly) in 1% or more of any class of "relevantsecurities" of Hidefield, "all dealings" in any "relevant securities"of that company (including by means of an option in respect of, or aderivative referenced to, any such "relevant securities") must bepublicly disclosed by no later than 3.30 pm (London time) on theLondon business day following the date of the relevant transaction.This requirement will continue until the date on which the offerbecomes, or is declared, unconditional as to acceptances, lapses oris otherwise withdrawn or on which the "offer period" otherwiseends. If two or more persons act together pursuant to an agreementor understanding, whether formal or informal, to acquire an"interest" in "relevant securities" of Hidefield, 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"relevant securities" of Hidefield by Hidefield, or by any of its"associates", must be disclosed by no later than 12.00 noon (Londontime) on the London business day following the date of the relevanttransaction.A disclosure table, giving the details of the companies in whose"relevant securities" "dealings" should be disclosed, and the numberof such securities in issue can be found on the Takeover Panel'swebsite at www.thetakeoverpanel.org.uk."Interests in securities" arise, in summary, when a person has a longeconomic exposure, whether conditional or absolute, to changes in theprice of securities. In particular, a person will be treated ashaving an "interest" by virtue of the ownership or control ofsecurities, or by virtue of any option in respect of, or derivativereferenced to, securities.Terms in quotation marks are defined in the Code, which can also befound on the Takeover Panel's website. If you are in any doubt as towhether or not you are required to disclose a "dealing" under Rule 8,you should consult the Takeover Panel.The distribution of this announcement in jurisdictions other than theUnited Kingdom may be restricted by law and therefore persons intowhose possession this announcement comes should inform themselvesabout and observe, such restrictions. Any failure to comply with therestrictions may constitute a violation of the securities laws of anysuch jurisdiction. This announcement does not constitute an offer oran invitation to purchase or subscribe for any securities or asolicitation of an offer to buy any securities pursuant to thisannouncement or otherwise in any jurisdiction.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.09.2009 - 12:59 Uhr
Sprache: Deutsch
News-ID 5918
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