Re Proposed Disposal (6556F)
April 28 2011 - 7:29AM
UK Regulatory
TIDMJPLH
RNS Number : 6556F
Japan Leisure Hotels Ltd
28 April 2011
28 April 2011
Japan Leisure Hotels Limited
("JPLH" or the "Company")
Re Proposed Disposal
Further to the announcement earlier today concerning the
proposed disposal of all the Company's trading subsidiaries, the
Company wishes to make clear that since an agreement has been
entered into for the proposed disposal, a takeover offer under the
Takeover Code is no longer in contemplation by the Company or its
majority shareholder. The Takeover Panel has agreed as a result
that the Company should no longer be in an offer period for the
purposes of the Takeover Code.
Enquiries:
Japan Leisure Hotels Limited
Janine Lewis, Non-Executive Director 01481 737600
Shore Capital and Corporate Limited
(NOMAD to the Company)
Dru Danford
Stephane Auton 020 7408 4090
Pelham Bell Pottinger 020 7861 3112 or 07802 442
Archie Berens 486
This information is provided by RNS
The company news service from the London Stock Exchange
END
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