4th Jul 2011 12:38
The Capital Pub Company PLC
Re: Takeover Panel Announcement
Capital Pub Company PLC ("Capital Pub Company" or "The Company") notes today's announcement by the Takeover Panel that it has imposed a deadline of 5pm on Monday, 1 August 2011 by which time Fuller, Smith & Turner plc must, unless the Panel Executive consents otherwise, either announce a firm intention to make an offer for the Company under Rule 2.5 of the Code or announce that it does not intend to make an offer for the Company.
The Board of Capital Pub Company welcomes the Takeover Panel's ruling. Following the presentations to Shareholders following the release of the Company's final results on 21 June 2011, the Board continues to believe that the indicative offer proposal from Fuller, Smith & Turner plc, of 200p per share, substantially undervalues the business and prospects of the Company.
Shareholders should take no action.
Further announcements will be made if applicable.
04 July 2011
Enquiries:
Capital Pub Company | Tel: 020 7589 4888 |
Clive Watson, Chief Executive |
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Nick Collins, Finance Director |
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PwC | Tel: 020 7583 5000 |
Sean Williams |
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Gerry Young |
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Panmure Gordon Adam Pollock Andrew Godber | Tel: 020 7459 3600
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College Hill | Tel: 020 7457 2020 |
Justine Warren |
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Matthew Smallwood |
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Related Shares:
Fuller Smith & Turner