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End of Sale Process


Published on 2011-11-24 01:42:11 - Market Wire
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November 24, 2011 04:30 ET

End of Sale Process

 Page 1 Pointon York Group Limited 24 November 2011 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. 24 November 2011 FOR IMMEDIATE RELEASE Pointon York Group Limited (the "Company") End of Sale Process On 12 September, the Board of the Company announced that it had received several confidential approaches and therefore intended to undertake a formal sale process in order to seek potential offerors for the Company. The Board had initially targeted a deadline for receipt of final proposals in the second half of November, whilst reserving the right to alter any aspect of the sale process (as outlined in the announcement dated 12 September) or to terminate it at any time. The Board now announces that the formal sale process has come to an end, as it considers it to be in its shareholders best interests to remain independent at this time. Accordingly, the Company is no longer in an offer period under the Takeover Code. Enquiries: Quayle Munro Limited Andreas Wesemann and Christian Ebner 020 7907 4200 


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