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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alexon Grp. | LSE:AXN | London | Ordinary Share | GB00B28Y7M80 | ORD 12.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.825 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:1135R
Alexon Group PLC
12 February 2007
For Immediate Release 12 February 2007
ALEXON GROUP PLC
Discussions regarding the potential offer terminated
On 5 February 2007, the Board of Alexon Group plc ("Alexon" or the "Company")
announced that it had received an indicative approach that might or might not
lead to an offer being made for the Company.
The Independent Directors of Alexon have now concluded that the indicative
approach undervalues Alexon and its prospects and have terminated discussions.
The Independent Directors wish to confirm the Company is no longer in talks
regarding a possible takeover.
The preliminary results for the 52 weeks ending 27th January 2007 are expected
to be announced on 2nd April 2007.
For further information:
Investec Investment Banking 0207 7597 5970
James Grace
Patrick Robb
Stefan Borson
Buchanan Communications 0207 466 5000
Richard Darby
Nicola Cronk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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