Business
Update re Dolphin Fund Limited
Update re Dolphin Fund Limited.
About this update from Fih Group Plc
[{"type":"text","content":"\n \nRNS Number : 7037Z FIH Group PLC 16 March 2017 \n\n \nFor immediate release\n \nTHIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. \n \n16 March 2017 \n \n \nFIH Group plc\n \n(\"FIH\", \"the Company\" or \"the Group\")\n \nUpdate re Dolphin Fund Limited\n \nThe Independent Directors of FIH (being John Foster and Jeremy Brade, who are independent to the bid from Staunton Holdings Limited) (the \"Independent Directors\") yesterday sought clarification from Arden Partners plc, the financial adviser to Dolphin Fund Limited (\"Dolphin\"), regarding the beneficial ownership, control and management of Dolphin as well as its intentions for the businesses within FIH, prior to making any formal response to its letter of 14 March.2017. No such clarifications have been forthcoming and so no formal response to the letter of 14 March 2017 has yet been made.\n \nThis announcement is made without the agreement or approval of Dolphin.\n \n \nEnquiries:\nFIH Group plc Tel: +44 (0) 1279 461 630\nJohn Foster\nWH Ireland Limited Tel: +44 (0) 20 7220 1666\nFinancial Adviser and Nominated Adviser to FIH\nAdrian Hadden\nNick Prowting\nThis announcement does not constitute a...