Rule 2.10 Announcement


 

TIDMTMP 
 
RNS Number : 3150Q 
Templar Minerals Limited 
30 July 2010 
 

 
 
FOR IMMEDIATE RELEASE 
                                                                    30 July 2010 
 
 
                            Templar Minerals Limited 
                          ("Templar" or the "Company") 
 
                          Offer for Ortac Resources Plc 
                              Rule 2.10 information 
 
The following information is provided in accordance with Rule 2.10 of the City 
Code on Takeovers and Mergers (the "Code"). 
 
Rule 2.10 Relevant Securities in Issue 
The Company confirms that it has 898,087,976 Ordinary Shares of no par value in 
issue at the close of business on 29 July 2010 and the Ordinary Shares in the 
Company are admitted to trading on AIM under the UK ISIN code VGG8755P1071. 
 
Dealing Disclosure Requirements 
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any 
class of relevant securities of an offeree company or of any paper offeror 
(being any offeror other than an offeror in respect of which it has been 
announced that its offer is, or is likely to be, solely in cash) must make an 
Opening Position Disclosure following the commencement of the offer period and, 
if later, following the announcement in which any paper offeror is first 
identified. An Opening Position Disclosure must contain details of the person's 
interests and short positions in, and rights to subscribe for, any relevant 
securities of each of (i) the offeree company and (ii) any paper offeror(s). An 
Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made 
by no later than 3.30 pm (London time) on the 10th business day following the 
commencement of the offer period and, if appropriate, by no later than 3.30 pm 
(London time) on the 10th business day following the announcement in which any 
paper offeror is first identified. Relevant persons who deal in the relevant 
securities of the offeree company or of a paper offeror prior to the deadline 
for making an Opening Position Disclosure must instead make a Dealing 
Disclosure. 
 
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% 
or more of any class of relevant securities of the offeree company or of any 
paper offeror must make a Dealing Disclosure if the person deals in any relevant 
securities of the offeree company or of any paper offeror. A Dealing Disclosure 
must contain details of the dealing concerned and of the person's interests and 
short positions in, and rights to subscribe for, any relevant securities of each 
of (i) the offeree company and (ii) any paper offeror, save to the extent that 
these details have previously been disclosed under Rule 8. A Dealing Disclosure 
by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm 
(London time) on the business day following the date of the relevant dealing. 
 
If two or more persons act together pursuant to an agreement or understanding, 
whether formal or informal, to acquire or control an interest in relevant 
securities of an offeree company or a paper offeror, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror and by any persons acting in concert with any of them (see Rules 8.1, 
8.2 and 8.4). 
 
Details of the offeree and offeror companies in respect of whose relevant 
securities Opening Position Disclosures and Dealing Disclosures must be made can 
be found in the Disclosure Table on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk, including details of the number of relevant 
securities in issue, when the offer period commenced and when any offeror was 
first identified. If you are in any doubt as to whether you are required to make 
an Opening Position Disclosure or a Dealing Disclosure, you should contact the 
Panel's Market Surveillance Unit on +44 (0)20 7638 0129. 
 
Enquiries 
 
Templar Mineral Limited 
 
+------------------+---------------------+-------------------+ 
| Charles Wood     | Templar Minerals    | Tel: +44 (0) 7971 | 
|                  | Limited             | 444326            | 
+------------------+---------------------+-------------------+ 
 
Beaumont Cornish Limited 
 
+------------------+---------------------+-------------------+ 
|                  |                     |                   | 
+------------------+---------------------+-------------------+ 
| Roland Cornish   | Beaumont Cornish    | Tel: +44 (0)20    | 
|                  | Limited             | 7628 3396         | 
+------------------+---------------------+-------------------+ 
| Rosalind Hill    | Beaumont Cornish    | Tel: +44 (0)20    | 
| Abrahams         | Limited             | 7628 3396         | 
+------------------+---------------------+-------------------+ 
 
 
 
 
In accordance with 19.11 a copy of this announcement will be published on the 
Company's website, being www.templarminerals.com 
 
 
Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated 
by the Financial Services Authority in the United Kingdom, is acting for Templar 
and for no one else in connection with the subject matter of this announcement 
and will not be responsible to any person other than Templar for providing the 
protections afforded to clients of Beaumont Cornish, nor for providing advice in 
relation to the subject matter of this announcement or any matter referred to 
herein. Neither Beaumont Cornish nor any of their subsidiaries, branches or 
affiliates owes or accepts any duty, liability or responsibility whatsoever 
(whether direct or indirect, whether in contract, in tort, under statute or 
otherwise) to any person who is not a client of Beaumont Cornish in connection 
with this announcement, any statement contained herein or otherwise. 
 
 
ENDS 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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