Purchase of Lion Capital's Hiestand Shares

    RNS Number : 5108A
  IAWS Group PLC
  01 August 2008
   

    1 August 2008

    IAWS Group, Plc

    Completion of purchase of Hiestand Shares from Lion Capital

    As announced on 9th June 2008, IAWS Group plc ('IAWS') agreed to acquire the c.32% shareholding in Hiestand owned by Lion Capital in
exchange for 12.7 million newly issued IAWS Shares and cash of EUR30 million. The acquisition of these shares was subject to certain
anti-trust clearances. As of today, these anti-trust clearances have been received and the share acquisition has been completed. IAWS now
owns c.64% of the issued share capital of Hiestand.

    Enquiries:

    Davy Corporate Finance
    Ivan Murphy / Anthony Farrell
    Tel: [phone]

    Temple Bar Advisory
    Alex Money / Lorna Ellen
    Tel: [phone]

    The directors of IAWS accept responsibility for the information contained in this announcement, other than that relating to ARYZTA. To
the best of the knowledge and belief of the directors of IAWS (who have taken all reasonable care to ensure that such is the case), the
information contained in this Announcement for which they accept responsibility is in accordance with the facts and does not omit anything
likely to affect the import of such information.
    The directors of ARYZTA accept responsibility for the information contained in this announcement, relating to ARYZTA. To the best of the
knowledge and belief of the directors of ARYZTA (who have taken all reasonable care to ensure that such is the case), the information
contained in this Announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to
affect the import of such information.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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