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SOF Amplify Samsung SOFR ETF

100.6065
0.00 (0.00%)
After Hours
Last Updated: 00:00:00
Delayed by 15 minutes
Name Symbol Market Type
Amplify Samsung SOFR ETF AMEX:SOF AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 100.6065 0 00:00:00

Re: Somerfield

22/08/2003 5:16pm

UK Regulatory


RNS Number:9917O
Sainsbury(J) PLC
22 August 2003

J Sainsbury plc announcement regarding its possible acquisition of 171
Somerfield stores from Springwater bidder

Further to the 30 July 2003 announcement that the Secretary of State had decided
to refer Sainsbury's possible acquisition of 171 Somerfield stores from
Springwater bidder ("the transaction") to the Competition Commission,
Sainsbury's today announces that it has decided that it will not be pursuing the
transaction referred to the Competition Commission and has requested that the
reference be set aside by the Secretary of State.

Sir Peter Davis, Sainsbury's group chief executive, said,

"I was disappointed with the outcome of the regulatory process.  However, given
the current level of regulatory uncertainty in the food retail sector, we have
decided not to pursue the transaction any further."


For enquiries:

Investor Relations
Lynda Ashton                        +44 (0) 20 7695 7162


Media                               +44 (0) 20 7695 7295



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

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