Posting of Offer Document
03/11/2004 11:28am
UK Regulatory
RNS Number:8018E
Excel Airways Group PLC
03 November 2004
For Immediate Release 3 November 2004
Unconditional Mandatory Cash Offer by
KBC Peel Hunt Ltd ("KBC Peel Hunt")
and
Landsbanki - The National Bank of Iceland Ltd ("Landsbanki")
on behalf of
Flugfelagid Atlanta HF, trading as Air Atlanta Icelandic ("Air Atlanta")
for
Excel Airways Group plc ("Excel")
POSTING OF OFFER DOCUMENT
The Board of Excel Airways Group Plc announces the posting today to Excel
Shareholders of the document setting out the offer by KBC Peel Hunt and
Landsbanki on behalf of Air Atlanta, to acquire the whole of the issued share
capital of Excel not already owned by Air Atlanta or its wholly owned subsidiary
X Aile Holding Limited.
Enquires:
Buchanan Communications
Suzanne Brocks 0207 466 5000
KBC Peel Hunt
Julian Blunt/
Matt Goode 020 7418 8900
Landsbanki
Baldur Stefansson 00 354 820 6584
Stefan Bjarnason 00 354 820 6362
Air Atlanta
Hafthor Hafsteinsson 00 354 895 7707
This information is provided by RNS
The company news service from the London Stock Exchange
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