Offer by IOT Limited
December 22 2003 - 7:30AM
UK Regulatory
RNS Number:5490T
Eurocopy PLC
22 December 2003
Eurocopy plc
Offer approach
The Independent Directors (being Colin Horan and Patrick McQuillen) of Eurocopy
plc (the "Company") announce that they have received an approach, subject to due
diligence, from IOT Limited, a management vehicle, to acquire the Company at or
around 42 pence per ordinary share in cash.
IOT Limited is a company established and owned by the following directors of
Eurocopy, Cyril Gay (Chairman), Martin McCarney (Chief Executive Officer) and
Matthew Burton (Finance Director). Discussions are at an early stage and due
diligence is likely to take some weeks. Shareholders will be kept informed of
progress.
Independent Directors
Colin Horan Tel: 01924 823455
Williams de Broe, financial adviser to Eurocopy plc
Frank Moxon Tel: 0207 588 7511
Joanne Lake Tel: 0113 243 1619
IOT Limited
Cyril Gay Tel: 01924 823455
Arbuthnot, financial adviser to IOT Limited
Richard Welton Tel: 0121 632 2100
Tim Goodman
This information is provided by RNS
The company news service from the London Stock Exchange
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