Response to Offer
October 21 2003 - 10:07AM
UK Regulatory
RNS Number:1393R
Oakburn Properties PLC
21 October 2003
21 October 2003
Oakburn Properties PLC
Offer by John East & Partners Limited on behalf of Panther Securities PLC
The Board of Oakburn Properties PLC ("Oakburn") has noted the announcement by
Panther Securities PLC concerning an offer for the entire issued share capital
of Oakburn made by John East & Partners Limited on behalf of Panther Securities
PLC.
The Board of Oakburn, which is being advised by City Financial Associates
Limited, recommends that shareholders take no action in respect of this
unsolicited offer.
The Board of Oakburn will keep its shareholders informed of all significant
developments and will provide advice on the offer in due course.
Enquiries:
Oakburn Properties PLC David Rayner, Chairman 020 7831 3125
Brendan Gorman, Company Secretary
City Financial Associates Limited Tony Rawlinson 020 7090 7800
This information is provided by RNS
The company news service from the London Stock Exchange
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