Business
Rejection Announcement
Rejection Announcement.
About this update from Restore Plc
[{"type":"text","content":"\n Radstone Technology PLC\n04 September 2006\n\n\n NOT FOR RELEASE OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA OR JAPAN.\n\n\nFor Immediate Release 04 September 2006\n\n\n RADSTONE TECHNOLOGY PLC\n\n (\"Radstone\" or the \"Company\")\n\n Radstone confirms rejection of Eurotech S.p.A.'s (\"Eurotech\") offer\n\n\nThe Board of Radstone (the \"Board\") notes the announcement earlier today by\nEurotech that it has posted its offer document to Radstone shareholders and\nstrongly reiterates its unanimous advice to Radstone shareholders to reject this\noffer.\n\nThe offer of 360 pence per ordinary share undervalues the Company and\nshareholders are strongly advised to take no action in respect of their\nshareholdings.\n\nThe Board is fully committed to explore all options in order to maximise\nshareholder value and a further announcement will be made in due course.\n\n\nEnquiries\n\nRadstone plc Tel: 01327 359 444\nJeff Perrin, Chief Executive\nPeter Cavill, Director\n\nClose Brothers Corporate Finance Limited Tel: 020 7655 3100\nAndrew Cunningham\nDavid Wardrop\n\nJPMorgan Cazenove Tel: 020 7588 2828\nJulian Cazalet\nShona Graham\nDavid Harvey-Evers\n\nBuchanan Communications Tel: 020 7466 5000\nTim Thompson\nNicola Cronk 07973 313 365\nSusanna Gale\n\n\n\nClose Brothers Corporate Finance Limited, which is regulated by The Financial\nServices Authority Limited in the United Kingdom, is acting for Radstone and no\none else in connection with this matter and will not be responsible to anyone\nother than Radstone for providing the protections afforded to customers of Close\nBrothers Corporate Finance Limited nor for providing advice in relation to this\nmatter.\n\nJPMorgan Cazenove, which is regulated by The Financial Services Authority\nLimited in the United Kingdom, is acting for Radstone and no one else in\nconnection with this matter and will not be responsible to anyone other than\nRadstone for providing the protections afforded to customers of JPMorgan\nCazenove nor for providing advice in relation to this matter.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":2381,"tagName":"div"}]