23rd May 2005 12:13
Lorien PLC23 May 2005 FOR IMMEDIATE RELEASE 23 May 2005 Lorien plc ("Lorien" or "the Company") Statement regarding Multi Group ("Multi") announcement The Board of Lorien notes the announcement made today by Multi in respect of itsacquisition of 850,000 shares in Lorien and Multi's interest in potentiallymaking an offer for the whole of the issued and to be issued share capital ofLorien. The Board of Lorien also notes that Multi is deemed to be acting in concert withits largest shareholder, Southwind Limited, (together the "Concert Party"), inrespect of Lorien. Southwind Limited is currently interested in 3,250,000Lorien shares, representing 17.5% of Lorien's issued share capital and thus theConcert Party is interested in a total of 4,100,000 shares, representing 22.1%of its issued voting capital. The Board of Lorien and its advisers will be discussing with Multi the nature oftheir interest and will update shareholders as appropriate. Enquiries: LorienChris Hinton 0161 877 0545 Citigate Dewe RogersonPatrick Toyne Sewell 020 7638 9571 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Servoca