Response to Press Speculation
July 12 2005 - 6:59AM
UK Regulatory
RNS Number:7736O
Cardpoint PLC
12 July 2005
12 July 2005
FOR IMMEDIATE RELEASE
Cardpoint plc ("Cardpoint" or the "Company")
Recent Press Speculation
In response to today's press speculation regarding a potential offer by
Cardpoint for Moneybox plc ("Moneybox"), the Board of Cardpoint confirms that
it is in advanced discussions with the Board of Moneybox regarding a possible
cash offer of 43 pence per share for the entire issued and to be issued share
capital of Moneybox. The possible offer remains subject to, inter alia, the
board of Moneybox recommending the offer and the completion of financing
arrangements. Accordingly, there can be no certainty that any offer will be
made nor as to the terms on which any offer might be made.
A further announcement will be made in due course.
Enquiries:
Cardpoint plc Telephone: 01253 361300
Mark Mills, Chief Executive Officer
Financial Dynamics Telephone: 020 7831 3113
Geoffrey Pelham-Lane
Ed Gascoigne-Pees
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The Directors of Cardpoint accept responsibility for the information contained
in this announcement. To the best of the knowledge and belief of the Directors,
who have taken all reasonable care to ensure such is the case, the information
contained in this announcement is in accordance with the facts and does not
omit anything likely to affect the import of such information.
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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