News

Further re possible offers

26 March 2007

On 2 February 2007, Cashbox announced that it had received expressions of interest which may or may not lead to an offer being made for the Company. The discussions were at a preliminary stage and Cashbox stated that there could be no guarantee that any offer would be made.

The Directors have now concluded that the none of the discussions were proceeding as rapidly as the Board would have liked and accordingly the Company has ceased talks with the parties concerned. The Board can also confirm that it is not aware of any potential bona fide offerors. As a result, the Company would no longer be deemed to be in an offer period for the purposes of the City Code on Takeovers and Mergers.


For further information:

Cashbox PLC
Anthony Sharp, Executive Chairman

0870 126 2274

Threadneedle Communications
Josh Royston/Graham Herring
020 7936 9606

Seymour Pierce Ltd
Jeremy Porter

020 7107 8000

 


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