Dixons Group PLC - Response to Press Speculation
08 Mai 2000 - 7:16PM
UK Regulatory
RNS Number:2269K
Dixons Group PLC
8 May 2000
ANNOUNCEMENT FROM DIXONS GROUP PLC
As set out in the prospectus issued at the time of the
initial public offering of Freeserve, Dixons is subject
to undertakings which restrict its ability to dispose of
Freeserve shares until the earlier of 2 August, 2000 and
the date of the announcement of Freeserve's results for
the period ended 29 April, 2000*.
Further to the recent press speculation, Dixons Board
confirms that it is considering its options in respect of
its shareholding in Freeserve. These may or may not
include a sale or distribution of all or part of its
holding.
Notes for editors/footnote
* The results announcement is currently expected to be
made on 27 June 2000.
END
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