PCL Pinnacle

 

TIDMPCL 
 
RNS Number : 6509F 
Pinnacle Staffing Group PLC 
15 January 2010 
 

Pinnacle Staffing Group PLC 
("Pinnacle" or the "Company") 
 
 
Statement re: Strategic Review 
 
 
The Board of Pinnacle notes the recent movement in the Company's share price and 
wishes to inform the market that it is currently undertaking a strategic review 
of its operations to establish how best to deliver shareholder value. This may 
include the solicitation of offers for the Company. 
 
 
There can be no guarantee that any offer for the Company or other transaction 
will be completed following conclusion of the strategic review. 
 
 
Further announcements will be made in due course. 
 
 
For further information, please contact: 
 
 
+------------------------------------+------------------------------------+ 
| Pinnacle Staffing Group plc        |                                    | 
+------------------------------------+------------------------------------+ 
| Tom Charlton, Executive Chairman   |                                    | 
+------------------------------------+------------------------------------+ 
| Tel: 01582 395900                  |                                    | 
+------------------------------------+------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Brewin Dolphin Limited (Nomad)     |                                    | 
+------------------------------------+------------------------------------+ 
| Matt Davis / Neil McDonald         |                                    | 
+------------------------------------+------------------------------------+ 
| Tel: 0845 213 1000                 |                                    | 
+------------------------------------+------------------------------------+ 
 
 
In accordance with Rule 2.10 of the Takeover Code, the Company confirms that it 
has 92,633,070 shares of 10p each in issue and admitted to trading on AIM under 
the ISIN code GB00B1899T70. 
 
 
Brewin Dolphin Limited ("BD"), which is authorised in the United Kingdom by The 
Financial Services Authority, is acting for Pinnacle and is not advising any 
other person, and accordingly will not be responsible to anyone other than 
Pinnacle for providing the protections afforded to customers of BD or for 
providing advice in relation to any potential offer. 
 
 
 
 
Dealing Disclosure Requirements 
 
 
Under 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 Pinnacle, all "dealings" in any "relevant 
securities" of that company (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 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 Pinnacle, 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 Pinnacle by a potential offeror, Pinnacle, 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. 
 
Terms in quotation marks are defined in the Code, which can also be found on the 
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 Panel. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCBAMITMBJBBPM 
 

Pinnacle Staffing (LSE:PCL)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Pinnacle Staffing (LSE:PCL)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024