Statement re Possible Offer
(Thomson Reuters ONE) - Holding Announcement29 September 2009NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE AVIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTIONStatement re Possible Offerÿhman notes the recent movement in the share price of NR Nordic &Russia Properties Limited ("NR Nordic") and confirms that it isacting as financial adviser to Ian Livingstone and RichardLivingstone who are considering a possible joint offer for NR Nordic.Any offer, if made, is likely to be solely in cash. However, nodecision has been made regarding any offer and no approach has beenmade to NR Nordic. This announcement does not amount to a firmintention to announce an offer.For further information please contact:Jacob AhlqvistE.ÿhman J:or Fondkommission ABTel: +46 84025107Dealing Disclosure RequirementsUnder the provisions of Rule 8.3 of the Takeover Code (the "Code"),if any person is, or becomes, "interested" (directly or indirectly)in 1% or more of any class of "relevant securities" of NR Nordic, all"dealings" in any "relevant securities" of NR Nordic (including bymeans of an option in respect of, or a derivative referenced to, anysuch "relevant securities") must be publicly disclosed by no laterthan 3.30 pm (London time) on the London business day following thedate of the relevant transaction. This requirement will continueuntil the date on which the offer becomes, or is declared,unconditional as to acceptances, lapses or is otherwise withdrawn oron which the "offer period" otherwise ends. If two or more personsact together pursuant to an agreement or understanding, whetherformal or informal, to acquire an "interest" in "relevant securities"of NR Nordic, they will be deemed to be a single person for thepurpose of Rule 8.3.Under the provisions of Rule 8.1 of the Code, all "dealings" in"relevant securities" of NR Nordic by Ian Livingstone and RichardLivingstone, or by any of their "associates", must be disclosed by nolater than 12.00 noon (London time) on the London business dayfollowing the date of the relevant transaction.A disclosure table, giving 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 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 Panel's website. If you are in any doubt as to whetheror not you are required to disclose a "dealing" under Rule 8, youshould consult the Panel.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 29.09.2009 - 18:08 Uhr
Sprache: Deutsch
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"Statement re Possible Offer"
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Ian and Richard Livingstone (Nachricht senden)
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