Zotefoams PLC
18 August 2005
18 August 2005
Zotefoams plc
Update on discussions
Further to the announcement on 14 January 2005 and the subsequent updates on 8
March 2005 and 28 April 2005 the Board confirms that discussions with a number
of parties are continuing. Shareholders should however note that all the
indicative offer terms that have been received are at levels below the closing
mid market share price on 17 August 2005 of 87.5 pence. There can be no
certainty that an offer will be made nor as to the terms on which any offer
might be made.
This announcement is not being made with the agreement or approval of the
potential offerors.
A further announcement will be made in due course.
Enquiries:
Zotefoams plc 020 8664 1600
David Stirling, Managing Director
Clifford Hurst, Finance Director
Financial Dynamics 020 7831 3113
Deborah Scott/Sarah Macleod
This information is provided by RNS
The company news service from the London Stock Exchange