Statement re Principle Capital Partners Limited ('Principle Capital')NordAnglia Education PLC5 October 2006 NORD ANGLIA EDUCATION PLC ('Nord Anglia' or 'the Company'): ISIN: GB0006582729 Statement re Principle Capital Partners Limited ('Principle Capital') The Board of Nord Anglia notes the announcement by Principle Capital earlier today and confirms that it has not received an approach regarding a possible offer for the Company. The Board of Nord Anglia is seeking clarification of Principle Capital's intentions. Nord Anglia will announce its Preliminary Results for the year ended 31 August 2006 on 15 November 2006. Further announcements will be issued as appropriate. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Board of Nord Anglia confirms that it has 37,809,657 ordinary shares in issue. Contacts: College Hill Tel: 020 7457 2020 Anthony Parker Gareth David Dealing disclosure requirements: Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of ' relevant securities' of Nord Anglia plc, 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until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends.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 Nord Anglia plc, 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 Nord Anglia plc by Nord Anglia plc, 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. |
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