Norish PLC
23 November 2004
NORISH PLC - STATEMENT REGARDING PRELIMINARY APPROACH
23 November, 2004
Further to the announcement of 6 September 2004, the Board of Norish Plc
('Norish' or the 'Company') announce that discussions regarding an approach
have been terminated by the Company.
Since the initial approach the discussions have continued to remain at a
preliminary stage and no due diligence has been carried out. Norish has taken
the decision to terminate the discussions as the continuing nature of the
process was not considered to be in the best interests of shareholders.
The Board is satisfied with the current trading performance of Norish and will
continue to evaluate strategic options in order to enhance shareholder value.
The directors of Norish accept responsibility for information contained in this
announcement. To the best of the knowledge and belief of the directors of
Norish (who have each taken all reasonable care to ensure that such is the
case), the information contained in this announcement for which they take
responsibility is in accordance with the facts and does not omit anything
likely to affect the import of such information.
NCB Corporate Finance, which is regulated in Ireland by the Irish Financial
Services Regulatory Authority under the Investment Intermediaries Act 1995, is
acting exclusively for Norish and no one else in relation to the matters
described in this announcement and will not be responsible to anyone other than
Norish for providing the protections afforded to clients of NCB Corporate
Finance or for providing advice in relation to the matters described in this
announcement.
Enquiries:
Norish
Ted O'Neill, Executive Chairman Telephone: +44 208 320 5680
NCB Corporate Finance
Liam Booth, Managing Director Telephone: + 353 1 611 5611
This information is provided by RNS
The company news service from the London Stock Exchange