25th Apr 2005 09:39
Heron Corporation25 April 2005 HERON CONTINUES TO SEEK ACCESS TO CREST NICHOLSON INFORMATION Heron Corporation ("Heron") has been unable to obtain any positive reply fromthe board of Crest Nicholson PLC ("Crest Nicholson") in securing the informationwhich it requires to value the business of Crest Nicholson. In Heron's announcement of 16 March 2005, Heron reserved the right to make anoffer for Crest Nicholson without being given access to information on thebusiness of Crest Nicholson. If Crest Nicholson does not provide information onthe business in advance of 4 May, then Heron will not make an offer for CrestNicholson. Heron urges the shareholders of Crest Nicholson to press the board of CrestNicholson to permit Heron access to information on Crest Nicholson. There canbe no certainty that an offer will be made nor as to the terms on which anyoffer will be made. For further information: Richard Evans / Tom NuttThe Communication Group plcTel. 020 7630 1411 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Crest Nicholson