Braemar Seascope Group PLC
21 July 2003
For immediate release 21 July 2003
Braemar Seascope Group Plc
Statement re Possible Acquisition
The Directors of Braemar Seascope are aware of recent market rumour and can
confirm that they are in advanced discussions with regard to the possible
acquisition of the business and assets of Cory Brothers Shipping, a shipping
agency. If the acquisition does proceed, it is not currently anticipated that
approval by Braemar Seascope shareholders will be required.
A further announcement will be made in due course.
For further information, contact:
Braemar Seascope Group plc
Alan Marsh Tel 020 7100 0000
James Kidwell Tel 020 7535 2881
Aquila Financial
Patrick d'Ancona Tel 020 7849 3326
Peter Reilly Tel 020 7849 3319
Charles Stanley & Company Limited
Philip Davies Tel 020 7953 2000
Rupert Dearden Tel 020 7953 2000
This information is provided by RNS
The company news service from the London Stock Exchange