Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Further re Proposed Disposal

21st Apr 2010 07:00

RNS Number : 5139K
French Connection Group PLC
21 April 2010
 



FRENCH CONNECTION GROUP PLC

 

Update on proposed disposal

 

 

21 April 2010

 

 

Further to the announcement made on 15 March 2010 in relation to the proposed disposal of the Nicole Farhi business to OpenGate Capital ("March Announcement"), it has now been confirmed that the proposed disposal is a Class 1 transaction under the Financial Services Authority Listing Rules and is therefore subject to shareholder approval.

 

A circular containing a notice of a General Meeting, a proposed resolution approving the transaction to be considered at that meeting and further details of the transaction will be sent to shareholders in due course.

 

Save for the confirmed requirement to seek shareholder approval for the proposed disposal, there has been no significant change affecting any matter relating to the proposed disposal contained in the March Announcement and no other significant new matter has arisen which would have required to be mentioned in that announcement.

 

 

Enquiries:

Roy Naismith French Connection +44(0)20 7036 7063

Tom Buchanan/Deborah Spencer Brunswick +44(0)20 7404 5959

 

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

Related Shares:

FCCN.L
FTSE 100 Latest
Value8,417.34
Change2.09