5th May 2009 12:35
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Press Release |
5 May 2009 |
Lighthouse Group PLC
('Lighthouse' or 'the Group')
Lapse of Potential Transaction
Lighthouse Group plc (AIM:LGT), the UK's largest autonomous Independent Financial Advice and Wealth Management group, wishes to confirm that it has discontinued all discussions with the board of Network Data Holdings PLC ('Network Data') concerning a potential transaction involving certain of Network Data's assets and operations.
David Hickey, Executive Chairman of Lighthouse, commented: "The Board of Lighthouse would like to thank the board of Network Data and their colleagues for the professional way in which the potential transaction was approached by them, and regrets that the necessary arrangements to conclude within the stipulated timeframe were not implemented."
- Ends -
For further information, please contact:
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Lighthouse Group plc |
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David Hickey, Executive Chairman |
Tel: +44 (0) 20 7065 5646 |
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www.lighthousegroup.plc.uk |
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Shore Capital and Corporate Limited |
Tel: +44 (0) 20 7408 4090 |
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(Nominated Adviser to the Company) |
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Dru Danford |
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Stephane Auton |
Media enquiries:
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Abchurch Communications |
Tel: +44 (0) 20 7398 7700 |
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Heather Salmond |
Tel: +44 (0) 20 7398 7704 |
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Joanne Shears |
Tel: +44 (0) 20 7398 7709 |
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www.abchurch-group.com |
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Winningtons PR |
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Tom Cooper |
Tel: +44(0)117 920 0092 |
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www.winningtons.co.uk |
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