5th Feb 2016 16:30
5 February 2016
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
ISG plc ("ISG" or the "Company")
POSTING OF RESPONSE TO CATHEXIS' REVISED OFFER
AND PUBLICATION ON WEBSITE
ISG plc announces that it will today post to Shareholders a circular explaining why it believes Shareholders should reject the revised Offer from Cathexis UK Holdings Limited of 171p per share (the "Offer").
As announced yesterday, your Board unanimously rejects the Offer and recommends all Shareholders do the same and take no action in respect of their shareholding.
The circular is available to view at http://investors.isgplc.com/
ALL ISG SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION WHATSOEVER AND IGNORE CATHEXIS' REVISED OFFER
Enquiries:
ISG plc
David Lawther, Chief Executive Officer | 020 7392 5250 |
Jonathan Houlton, Group Finance Director |
Numis
Michael Meade | 020 7260 1000 |
Stuart Ord | |
Ben Stoop | |
Instinctif | |
Matthew Smallwood, Helen Tarbet | 020 7457 2020 |
Disclaimer
Numis Securities Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for ISG and no one else in connection with the Offer and the contents of this announcement and will not be responsible to anyone other than ISG for providing the protections afforded to its clients nor for providing advice in connection with the Offer or any matter referred to herein.
Publication on Website
A copy of this announcement will be available on the Company's website (www.isgplc.com) by no later than 12 noon (London time) on 8 February 2016. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
Responsibility statement
The Directors of ISG accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Directors, who have taken all reasonable care to ensure such is the case, the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Related Shares:
ISG.L