15th Feb 2019 07:00
15 February 2019
Premier Foods plc (the "Company")
On 13 November 2018, Premier Foods announced that it was engaged in discussions with third parties regarding the potential disposal of its Ambrosia brand. A number of parties expressed interest in the business, and since the New Year the Company has been engaged in detailed discussions with a small group of potential buyers.
The Board has concluded that in the present business climate the process will not result in a satisfactory financial outcome. As a result, these discussions have now concluded.
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For further information, please contact:
Investors and analysts:
Alastair Murray, Acting Chief Executive Officer & Chief Financial Officer | +44 (0) 1727 815 850 |
Richard Godden, Director of Investor Relations & Treasury | +44 (0) 1727 815 850 |
Media:
Maitland
Clinton Manning | +44 (0) 20 7379 5151 |
Joanna Davidson | +44 (0) 20 7379 5151 |
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