Accuma Group PLC
30 November 2007
Accuma Group plc
('Accuma' or 'the Company' or 'the Group')
Potential Offer Update
On 11 October 2007, Accuma announced that it had received a number of approaches
which might or might not lead to an offer for the entire issued share capital of
the Company.
Since that date the Company has been in discussions with a number of parties and
has received a number of indicative offers. None of the offers received has, in
the view of the Directors, reflected the underlying value of the business and
accordingly, all such discussions have now terminated.
Despite challenging markets, particularly in the IVA sector, the business
maintains sufficient cash for earn out commitments and believes the current
economic climate will favour the Group's full solutions platform.
Contacts:
Charles Howson, Accuma Group plc 0161 751 6787
Lindsay Mair/Stewart Dick, Daniel Stewart & Company plc 020 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange