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Offer Talks Terminated

22nd Nov 2007 09:53

Consort Medical PLC22 November 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ORFROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULDCONSTITUTE A VIOLATION OF THE LAWS OF SUCH JURISDICTION PRESS ANNOUNCEMENT FOR IMMEDIATE RELEASE 22 November 2007 CONSORT MEDICAL PLC ("CONSORT MEDICAL" OR THE "COMPANY"), FORMERLY BESPAK PLC On 21 September 2007, the Company announced that it had received a verypreliminary approach which may or may not lead to an offer being made for theCompany. Whilst the Company has subsequently received proposals indicating interest inConsort Medical, those were not considered to adequately reflect the value ofConsort Medical and its prospects. Accordingly, the Company confirms that it is not engaged in any discussionsregarding a potential offer for the Company. As previously stated, trading in the first half ended 27 October 2007 forConsort Medical is in line with the Board's expectations. Consort Medical will announce its interim results on 12 December 2007. For further information please contact: Consort Medical plc Mark Throdahl, Chief Executive Tel: +44 (0) 1908 552600Jonathan Glenn, Group Finance DirectorJenny Owen, Company Secretary and General Counsel Maitland Liz Morley or Brian Hudspith Tel: +44 (0) 20 7379 5151 This information is provided by RNS The company news service from the London Stock Exchange

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CSRT.L
FTSE 100 Latest
Value8,809.74
Change53.53