2nd Sep 2005 07:00
Empire Online Limited02 September 2005 2nd September 2005 Empire Online Limited ("Empire Online" or "the Company") Offer Approach Empire Online notes the recent movement in its share price and announces that ithas received an approach from a party interested in merging its business withthat of Empire Online via the acquisition of the entire issued and to be issuedshare capital of the Company. The approach is subject to a number of pre-conditions, including completion ofsatisfactory due diligence, and is at a price of 270p per share, with theconsideration being satisfied by a mixture of cash and shares. The board of Empire Online has commenced discussions with the interested partybut these discussions are at an extremely early stage and there can be noguarantee that an offer will be made for the Company at 270p per share or atall. Enquiries:Numis Securities +44 (0) 20 7776 1500Jag MundiLee Aston Citigate Dewe Rogerson +44 (0) 20 7638 9571Simon RigbySarah Gestetner Numis Securities Limited, which is regulated in the United Kingdom by theFinancial Services Authority, is acting for Empire Online and for no one else inconnection with the matters contemplated in this announcement and will not beresponsible to anyone other than Empire Online for providing the protectionsafforded to customers of Numis Securities Limited nor for providing advice inrelation to the matters contemplated by this announcement. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Livermore