Update on Acquisition by Alpcot Agro (8224U)
30 Dezember 2011 - 1:30PM
UK Regulatory
TIDMLKI
RNS Number : 8224U
Landkom International Plc
30 December 2011
30 December 2011
Landkom International PLC
Update on the recommended acquisition by Alpcot Agro -
JadenFinch proposal
Landkom International PLC (AIM: LKI, "Landkom" or "the
Company"), the Ukrainian producer of agricultural commodities notes
the announcement made by JadenFinch Limited on 29 December
2011.
The Board has reviewed the conditional proposal made by
JadenFinch Ltd and has consulted with its professional advisers.
The Board continues to believe that the recommended Alpcot Agro AB
proposals are superior in terms of price, form of consideration and
certainty of execution to the JadenFinch Ltd proposal which is also
conditional on a positive outcome of legal, financial and
commercial due diligence. The Board has responded directly to
JadenFinch Ltd in this regard.
For further information:
Landkom International Plc (www.landkominternational.com)
Vitaliy Skotsyk, Chief Executive +380 50352 5029
+44 (0)20 7726
John Mapplebeck, Finance Director 2690
Liberum Capital
+44 (0)20 3100
Simon Atkinson/Tim Graham 2000
College Hill
+44 (0)20 7457
Adrian Duffield/Rozi Morris 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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