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Share Name | Share Symbol | Market | Type |
---|---|---|---|
SS Lazio SPA | BIT:SSL | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.008 | -1.08% | 0.732 | 0.732 | 0.75 | 0.746 | 0.734 | 0.736 | 1,930 | 17:00:00 |
RNS Number:6120P SSL International PLC 10 September 2003 10th September 2003 SSL International plc ("SSL") Discussions Terminated by SSL Board In July, SSL announced that it was in preliminary discussions which may or may not lead to an offer for the Group. These discussions have not resulted in a proposal being made to the Board of SSL and accordingly the Board has terminated discussions. SSL is continuing to pursue its stated strategy with vigour. It is continuing to build on the brands that make up its consumer business and grow their sales, develop new products and cut costs to meet and beat industry benchmarks. This strategy is already proving to be successful. Trading in the first five months of the current year has been in line with earlier expectations and remains on course to achieve targets for the full year. The Group's disposal programme continues to advance well. Further announcements are expected in due course. Commenting, Chairman Ian Martin said, "In the absence of any formal proposal to the Board we have terminated discussions. To prolong uncertainty any further is not in shareholders' interests. During this period of discussions we have continued to build the business, including developing and launching successful new products. I am pleased our medical disposal programme is proceeding on course and will enable us to focus single-mindedly on exploiting the promise of our consumer business." For further information: SSL International plc 020 7367 7560 Garry Watts, Group Finance Director The Maitland Consultancy 020 7379 5151 William Clutterbuck/Brian Hudspith This information is provided by RNS The company news service from the London Stock Exchange END OTTNKKKDNBKDCCD
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