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Offer Talks Terminated

16th Feb 2009 14:20

RNS Number : 3861N
Cape PLC
16 February 2009
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

16 February 2009

For immediate release

Cape plc ("Cape" or the "Company")

Termination of offer talks

On 18 December 2008, the board of Cape announced that it had received very preliminary expressions of interest in the Company from a number of private equity houses. All such discussions have now ended. 

The Board of Cape is confident of the prospects of the Group as an independent business. The first quarter of 2009 has started strongly, giving the Board confidence in Cape’s prospects for the coming year. The Company's preliminary results will be issued on 19 March 2009.

 

Contacts: 

Numis Securities Limited

John Harrison, Nominated Adviser

James Serjeant, Corporate Broker

Tel: +44 (0)20 7260 1000

Merrill Lynch

Andrew Tusa, Corporate Broker

Tel: +44 (0)20 7628 1000

 

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