Stmnt re Share Price Movement
27 April 2001 - 9:30AM
UK Regulatory
RNS Number:7245C
Gyrus Group PLC
27 April 2001
Gyrus Group PLC ("Gyrus" or the "Company")
Acquisitions being negotiated
Suspension of listing
The Board of Gyrus notes the recent movement in the Company's share price, and
announces that it is in advanced negotiations to make two acquisitions. Due to
the size of one acquisition in relation to Gyrus, the UK Listing Authority
will classify the transaction as a reverse take-over under Chapter 10 of the
UK Listing rules. The Company has therefore requested, and has been granted, a
suspension of listing.
Further announcements relating to the proposed acquisitions will be made in
due course by the Company.
Enquiries
WestLB Panmure Limited Tel: 020 7638 4010
Christopher Collins
Juliet Thompson
Dominic Morley
Financial Dynamics Tel: 020 7831 3113
David Yates
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