EPT Disclosure

Date : 01/17/2007 @ 4:32AM
Source : UK Regulatory (RNS and others)
Stock : Idn Telecom Plc (IDN)
Quote : 2.99  0.0 (0.00%) @ 1:00AM
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EPT Disclosure

RNS Number:6491P
Evolution Securities
17 January 2007



                                                                    FORM 38.5(a)


                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS                 
                      WITH RECOGNISED INTERMEDIARY STATUS                       
                      DEALING IN A CLIENT-SERVING CAPACITY                      
                      (Rule 38.5(a) of the Takeover Code)                       



1. KEY INFORMATION
 
Name of exempt principal trader            EVOLUTION SECURITIES LTD

Company dealt in                           IDN TELECOM PLC               

Class of relevant security to              ORD               
which the dealings being                                  
disclosed relate (Note 1)                                 

Date of dealing                            16/01/2007               
                                                     

 

2. DEALINGS (Note 2)

 

(a) Purchases and sales
 
Total number of          Highest price   Lowest price   
securities               paid            paid           
purchased                (Note 3)        (Note 3)       
                                                        
30,000                   2.868 GBX       2.868 GBX                                                        
                                                        

 

 
Total number of      Highest price     Lowest price     
securities           received          received         
sold                 (Note 3)          (Note 3)         
                                                        
                                                        
                                                        

 

(b) Derivatives transactions (other than options)

 
Product      Long/short   Number of       Price per   
name,        (Note 4)     securities      unit        
e.g. CFD                  (Note 5)        (Note 3)    
                                                      
                                                      
                                                      

 

 

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

 
Product  Writing,    Number of  Exercise Type,     Expiry Option   
name,e.g selling,    securities price    e.g.      date   moneypaid
call     purchasing, to which            American,        /received
option   varying etc the option          European         per unit 
                     relates             etc.             (Note 3) 
                     (Note 5)                                      
                                                                   
                                                                   
                                                                   
                                                                   
                                                                   
                                                                   

 

(ii) Exercising

 
Product name,   Number of securities  Exercise price per
e.g. call                             unit              
option                                (Note 3)          
                                                        
                                                        
                                                        

 

 

  

 

3. OTHER INFORMATION

 

Agreements, arrangements or understandings relating to options or derivatives

 

 

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.

 

..............................................................................

 

..............................................................................

 
 
Date of disclosure                                  17/01/2007

Contact name                                        MITCHELL GIBB         

Telephone number                                    020 7071 4352         

Name of offeree/offeror with                        REDSTONE PLC         
which connected                                              

Nature of connection (Note 6)                                

 

Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk







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

END

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