15th Aug 2007 15:49
Quill Securities Ltd15 August 2007 Statement re. Quintain Estates NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO ORFROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTIONWHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS IN THATJURISDICTION 15 August 2007 Statement re. Quintain Estates and Development PLC ("Quintain") In response to recent speculation regarding its stake in Quintain, QuillSecurities Limited ("Quill Securities") confirms that it has no currentintention to make an offer for Quintain. For the purposes of Rule 2.8 and other relevant provisions of The City Code onTakeovers and Mergers (the "City Code"), Quill Securities reserves the right toannounce an offer or possible offer or make or participate in an offer orpossible offer for Quintain and/or take any other action which would otherwisebe restricted under Rule 2.8 of the City Code within six months from the date ofthis announcement in the event that: (i) an agreement or recommendation from the board of Quintain is forthcoming; or (ii) there is an announcement by any third party of a firm intention to make an offer for Quintain; or (iii) Quintain announces a "whitewash" proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of the City Code) or a reverse takeover (as described in Note 2 to Rule 3.2 of the City Code) in respect of Quintain. Enquiries: SmithfieldJohn AntcliffeTel: 0207 903 0665Mobile: 07785 391 060 Lucinda KemenyTel: 0207 903 0658Mobile: 07958924188 Notes to Editors: Quill Securities Limited is a wholly owned subsidiary of Uberior VenturesLimited, itself a wholly, indirectly owned subsidiary of HBOS plc. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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