Possible Offer
10 Juli 2003 - 2:29PM
UK Regulatory
RNS Number:4053N
Hansard Group PLC
10 July 2003
Hansard Group Plc ("Hansard")
Possible Offer
The Board of Hansard note the recent press comment and can confirm that it is in
preliminary discussions with Sky Venture Capital Inc. ("Ventures"), an unlisted
US registered company, which may or may not lead to an offer for the entire
issued share capital of Hansard. The proposal remains subject to the
satisfactory completion of due diligence, admission of Ventures to a UK
Recognised Investment Exchange and certain other conditions consequently there
can be no guarantee that a firm offer for Hansard will be made (even in the
event that such conditions are satisfied or waived).
Any offer by Ventures, if made, will be a securities exchange offer at a price
yet to be finalised.
The Board of Hansard wishes to stress that these discussions are at an early
stage.
A further announcement will be made in due course.
Enquiries:
Adam Reynolds, Chief Executive, Hansard Group Plc 0207 245 1100
Mark Percy, Seymour Pierce Limited 0207 107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
OFDURUUROWRBAAR