Possible offer for ARC International PLC
July 29, 2009 -- The board of directors of ARC International plc (“ARC” or the “Company”) notes today’s movement in the Company’s share price and confirms that it is in discussions with a third party which may or may not lead to an offer being made for the entire issued and to be issued share capital of the Company.
The discussions are at a preliminary stage and there can be no certainty that an offer will be made for ARC or as to the terms on which any offer would be made.
A further announcement will be made if and when appropriate.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the “Code”), the Company confirms that it has 154,433,499 ordinary shares of 0.1 pence each in issue and admitted to trading on the London Stock Exchange plc’s market for listed securities under the UK ISIN code GB0009645481.
This announcement will be made available on ARC's website shortly at: www.arc.com
|
Related News
- Virage Logic Declares Offer to Acquire ARC International Unconditional in All Respects
- Virage Logic Announces Level of Acceptances and Extension of the Offer to Acquire Arc International
- ARC International plc Announces Unaudited Interim Results For the Six Months Ended June 30, 2009
- ARC International plc -- Interim Management Statement
- ARC International plc Board Changes
Breaking News
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- SEMIFIVE Starts Mass Production of its 14nm AI Inference SoC Platform based Product
- VeriSilicon's complete Bluetooth Low Energy IP solution is fully compliant with LE Audio specification
- TASKING and Andes Announce FuSa Compliant Compiler Support for Andes RISC-V ASIL Compliant Automotive IP
- Efabless Launches an "AI Wake Up Call" Open-Source Silicon Design Challenge
Most Popular
- Intel and Arm Team Up to Power Startups
- Chiplet Interconnect Pioneer Eliyan Closes $60 Million Series B Funding Round, Co-led by Samsung Catalyst Fund and Tiger Global Management to Address Most Pressing Challenge in Development of Generative AI Chips
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- Renesas Introduces Industry's First General-Purpose 32-bit RISC-V MCUs with Internally Developed CPU Core
- SmartSoC Solutions Joins TSMC Design Center Alliance to Boost Semiconductor Innovation in India
E-mail This Article | Printer-Friendly Page |