Business
Response to OFT announcement
Response to OFT announcement.
About this update from Smiths News Plc
[{"type":"text","content":"\n RNS Number : 5938Z Smiths News PLC 24 September 2009 \n \n Smiths News PLC\nResponse to OFT announcement\n \nSmiths News notes today's decision by the Office of Fair Trading ('OFT') not to refer the newspaper and magazine distribution sector to the Competition Commission.\n\nThe Company fully supports today's announcement, finally drawing a line under what has been a transparent and thoroughly rigorous process.\n\nMark Cashmore, Chief Executive of Smiths News commented:\n\n'We have fully cooperated with the OFT throughout this review and are pleased that today's announcement brings additional clarity to our industry.\n\nOur core business priorities remain unchanged following this decision, as we strive for operational excellence, providing an industry leading supply chain platform to retailers and publishers alike.'\n\n \nEnquiries:\n\nSmiths News PLC\nMark Cashmore, Chief Executive Tel: 01793 563641\nAlan Humphrey, Finance Director\n\nBuchanan CommunicationsMark Edwards / Jeremy Garcia Tel: 020 7466 5000\nThis information is provided by RNSThe company news service from the London Stock Exchange END RSPSEISALSUSEIU \n ","length":3220,"tagName":"div"}]