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Monday 13 October, 2008

Unicom Systems, Inc.

Statement re Macro 4

RNS Number : 6726F
Unicom Systems, Inc.
13 October 2008
 



 

FOR IMMEDIATE RELEASE

UNICOM Systems, Inc. ('UNICOM')
Acquisition of further shares in Macro 4 PLC ('Macro 4')

Further to the announcement made on 29 August 2008 by Macro 4, UNICOM confirms that it has approached the board of Macro 4 and that such approach may or may not lead to an offer being made by UNICOM for the entire issued ordinary share capital of Macro 4.

UNICOM confirms that it currently has an interest in 3,638,880 ordinary shares of Macro 4 representing 16.4% of the current voting rights of 22,191,603 issued ordinary shares of Macro 4.

There can be no certainty that a formal offer will be made or as to the terms on which such an offer will be made.

A further announcement will be released as and when appropriate.

Enquiries:

UNICOM Systems, Inc.

Corry Hong

Tel: +1 (818) 838-0606

EPL Advisory LLP 

David Anderson

Tel: 07748 776433


Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code, any person who, alone or acting together with any other person(s) pursuant to an agreement or understanding (whether formal or informal) to acquire or control relevant securities of Macro 4, owns or controls, or becomes the owner or controller of, directly or indirectly, one per cent. or more of any class of securities of Macro 4 is required to disclose, by not later than 12.00 noon (London time) on the London business day following the date of the relevant transaction, dealings in such securities (or in any option in respect of, or derivative referenced to, any such securities) during the period to the date on which the Offer becomes or is declared unconditional as to acceptances or lapses or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant securities of Macro 4 by UNICOM or Macro 4, or by any of their respective 'associates' (within the meaning of the City Code), must also be disclosed.

The definition of 'interest in securities' in Rule 8 in certain circumstances will include contracts for differences (and other cash settled derivatives) and will apply to any person who is interested in one per cent. or more of any class of relevant securities of Macro 4 The timing for public disclosure of such interests will be extended to 3.30 p.m. (London time) on the London business day following the date of the relevant transaction.

If you are in any doubt as to the application of Rule 8 to you, please contact an independent financial adviser authorised under the Financial Services and Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or contact the Panel on telephone number +44 (20) 7638 0129; fax +44 (20) 7236 7013.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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