Celtic Resources Holdings PLC
28 September 2007
Celtic Resources Holdings Plc
("Celtic" or "the Company")
Announcement of Approach
The Board of Celtic announces that it has received a preliminary approach from a
party other than Severstal, which may or may not lead to an offer for the
Company.
A further announcement will be made in due course, and in the meantime
shareholders are urged to take no action at this time.
Contact information:
Kevin Foo / Jonathan Scott-Barrett
Celtic Resources Holdings Plc
Tel: + 44 (0)20 7921 8800
Investors@celticresources.com
Anthony Cardew
Cardew Group
Tel: +44 (0)20 7930 0777
anthony.cardew@cardewgroup.com
Leesa Peters / Jane Stacey
Conduit PR
Tel: +44 (0)20 7429 6606 / (0)792 292 3306
leesa@conduitpr.com
Any person who is the holder of 1 per cent. or more of any class of shares in
Celtic may be required to make disclosures pursuant to Rule 8.3 of the Irish
Takeover Panel Act, 1997, Takeover Rules 2001 to 2006.
The Directors of Celtic accept responsibility for the information contained in
this announcement and to the best of their knowledge and belief (having taken
all reasonable care to ensure that such is the case), the information contained
in this announcement is in accordance with the facts and, where appropriate,
does not omit anything likely to affect the import of such information.
This information is provided by RNS
The company news service from the London Stock Exchange