Premier Foods plc Further re: Update on potential Ambrosia Disposal (1906Q)
February 15 2019 - 2:00AM
UK Regulatory
TIDMPFD TIDMIRSH
RNS Number : 1906Q
Premier Foods plc
15 February 2019
15 February 2019
Premier Foods plc (the "Company")
On 13 November 2018, Premier Foods announced that it was engaged
in discussions with third parties regarding the potential disposal
of its Ambrosia brand. A number of parties expressed interest in
the business, and since the New Year the Company has been engaged
in detailed discussions with a small group of potential buyers.
The Board has concluded that in the present business climate the
process will not result in a satisfactory financial outcome. As a
result, these discussions have now concluded.
Ends
For further information, please contact:
Investors and analysts:
Alastair Murray, Acting Chief Executive Officer +44 (0) 1727
& Chief Financial Officer 815 850
Richard Godden, Director of Investor Relations & +44 (0) 1727
Treasury 815 850
Media:
Maitland
+44 (0) 20 7379
Clinton Manning 5151
+44 (0) 20 7379
Joanna Davidson 5151
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contact rns@lseg.com or visit www.rns.com.
END
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