Clarificatory Announcement
May 13 2008 - 9:20AM
UK Regulatory
RNS Number : 3313U
Dobbies Garden Centres PLC
13 May 2008
Dobbies Garden Centres plc
Statement - clarificatory announcement
The Board of Dobbies Garden Centres plc ("Dobbies" or the "Company") notes today's press reporting in relation to the application to
court by West Coast Capital (Lios) Limited ("WCC") seeking an interim order to block the Company's proposed open offer to shareholders (the
"Open Offer"). In particular the Board notes that some press reports refer to the court being asked to order Tesco Holdings Limited ("Tesco
Holdings"), the holder of approximately 65.5% of the Company's shares, to buy WCC's shareholding in the Company.
The Board wishes to clarify that at this stage the court is only considering whether or not to make an order to block the Open Offer.
The court is not considering whether or not to make an order that Tesco Holdings buys WCC's shareholding in the Company.
The court's decision in respect of the Open Offer is expected on or before Thursday 15 May 2008.
Enquiries:
James Barnes, Chief Executive
Sharon Brown, Finance Director
Dobbies Garden Centres plc Tel: 0131 663 6778
Sandy Fraser
Brewin Dolphin Limited (Nomad) Tel: 0131 529 0272
Ben Woodford / Emma Kent / Antonia Coad
Bell Pottinger Corporate & Financial Tel: 020 7861 3232
Date: 13 May 2008
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCILFLVETIVLIT
Dobbies Garden Centres (LSE:DGC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Dobbies Garden Centres (LSE:DGC)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Dobbies Garden (London Stock Exchange): 0 recent articles
More Dobbies Garden Plc News Articles